From art to gaming: The biggest NFT trends of 2021
Pop culture NFTs, blockchain art games, Metaverse NFTs, charity auctions and worldwide NFT art are the year's central themes. According to a recent report by Cointelegraph Research, the volume of nonfungible tokens (NFTs) sold this year could eclipse $18 billion. From artwork, music and in-game characters to videos and photographs, these minted certificates of ownership for digital assets on blockchains are well sought after by collectors, investors and philanthropists alike. They can also be freely traded across decentralized NFT platforms such as OpenSea. Without further ado, let's look....
Related News
See what the Cointelegraph crew thinks are the most important trends of 2021 in our latest video. Bitcoin bubbles, Big Brother, decentralized finance, nonfungible tokens and Ethereum: These are some of the key 2021 trends that the Cointelegraph crew pointed out back at the beginning of January. To assemble these opinions, each of our contributors was asked three questions:What current crypto trends will continue in 2021?What trends do you not expect to continue?What trends will we see in 2021 that we didn't see in 2020?How would you answer these questions? Take a moment to think, then....
The hype that sparked rapid growth in blockchain-based play-to-earn games in 2021 has begun to dissipate, but here are three projects focused on bringing fresh blood to the ecosystem. Blockchain-based play-to-earn (P2E) gaming had a breakout year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming sector and those that invest in it will need to consider what the next steps are. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this appears to also have impacted the P2E sector.Now that the hype is....
A multibillion GameFi and blockchain games market is named as one of the major trends of 2022 that promises many opportunities both for players and investors. Yet, so far the market is so fragmented and chaotic that it is hard to grasp how to profit from this trend. To succeed in this fast-growing field, one must know the secrets of the GameFi industry. How is GameFi different from online games? GameFi is a new niche in the blockchain industry at the nexus of two fields – decentralized finance and decentralized games. GameFi is far from being a simple online game. GameFi are gaming....
Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games.
Phil Spencer Not Immediately Supportive of NFTs
Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the....
Blockchain gaming is one of the hottest trends in the broader cryptocurrency ecosystem; everyone can make money with these games, although some will require a rather steep upfront investment. GameZone is a revolutionary project in the blockchain gaming segment and will elevate the cross-chain interoperability of games. The Power of Blockchain Gaming Earlier this year, […]