Guilds: The Secret Sauce Of Edensol’s NFT Gaming Revolution
NFT gaming is on fire: Prices for NFT land plots are estimated to have risen on average 400% to 500% between September 2021 and January 2022. The “big four” NFT metaverses – Decentraland, Somnium Space, Cryptovoxels and Sandbox – will double their NFT revenues in 2022. On February 20th, Axie Infinity, the world’s leading NFT game, announced that it had surpassed $4 billion in all-time NFT sales. Within the NFT gaming space, an even more powerful trend is emerging: crypto gaming guilds. What are they? They are organized groups of video game players that regularly play together....
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Non-Fungible Tokens (NFTs) have become the go-to killer application for the gaming sector. The reason is simple: NFTs are a form of asset whose ownership is recorded on Blockchain and corresponds to a unique and specific digital piece of art, image, video – or in-game tool. This means that, for the first time ever, gamers […]
Many people believe that Web 3.0 and blockchain technology will be a revolutionary force that will change our lives forever. Technology has already made substantial advancements in various fields, including financial products and entertainment. Online gaming, in particular, has had a massive impact with digital assets being incorporated into traditional gaming. This market segment has established itself as GameFi and its popularity has spawned the rise of Web 3.0 gaming guilds. Guilds are not a new concept and have existed for decades. They are, at their core, groups of players who work....
Non-Fungible Tokens (NFTs) have become the go-to killer application for the gaming sector. The reason is simple: NFTs are a form of asset whose ownership is recorded on Blockchain and corresponds to a unique and specific digital piece of art, image, video – or in-game tool. This means that, for the first time ever, gamers can finally earn money with their talent (play-to-earn gaming), and metaverses can turn gameplay elements (characters, accessories, and even virtual land) into tradable assets with real-world value. Unsurprisingly, NFT gaming is experiencing a head-spinning period....
Undoubtedly, Play-to-earn has dominated the industry of gaming in recent times. Several game enthusiasts, individual and institutional investors across the globe have adopted this novel approach that represents the future of gaming and decentralization. Through the widespread use of play-to-earn, vigorous and vibrant economies have led to raising billions of dollars in funding for growing projects. Aside from highly innovative projects and ever-growing communities, various factors contribute to the advancement of the P2E space with significant ones involving crowdfunding platforms.....
One of the world’s leading play-to-earn gaming guilds, UniX Gaming, looks likely to grow even bigger after cementing a key alliance with The Sandbox. The Sandbox is one of the biggest and best-known metaverses – a sprawling, decentralized, 3D virtual world wherein users interact with other participants using avatars, explore landscapes and play games. Within […]