Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way
Non-fungible tokens or NFTs have never been more popular, thanks largely to the interest and exposure of the last couple of years, particularly in the art and collectible scene. It has also enjoyed great success in the same period within the blockchain gaming sector. While the technology itself has been around since at least 2016, NFT art and especially more recently, NFT gaming, have emerged as solid evidence that utility in the crypto space transcends the buying and selling of digital assets to something a bit more tangible and relatable. In fairness, the market for NFTs that has....
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The metaverse is fast becoming a household name. The innovation behind virtual reality has been around for a while and is only now starting to gain ground. Most of the current success of the metaverse can be attributed to the growth of gaming in the space that has seen players earn while enjoying this blossoming virtual reality. However, as more projects come out, it has begun to be a repeat of the same thing, with users in the space becoming bored with repetitive titles showing little creativity. Primarily, there have been those who have found success with these same tedious systems, but....
Blockchain-based technologies, as expressed by cryptocurrencies and other forms of digital assets like non-fungible tokens (NFTs), are beginning to make their presence felt in many different industries. While appearing little different on the surface from other types of digital money, the excitement crypto and NFTs have generated centres around their enabling features in digital transactions, in particular with ownership management. NFTs, in their own right, have attracted a lot of interest over the last two years owing to the way they have allowed for the secure and authenticatable....
Blockchain-based technologies, as expressed by cryptocurrencies and other forms of digital assets like non-fungible tokens (NFTs), are beginning to make their presence felt in many different industries. While appearing little different on the surface from other types of digital money, the excitement crypto and NFTs have generated centres around their enabling features in digital transactions, in particular with ownership management. NFTs, in their own right, have attracted a lot of interest over the last two years owing to the way they have allowed for the secure and authenticatable....
They say the bigger they come, the harder they fall, and DeFi sure fell hard during this market dip. With that, NFTs have suddenly become the next big thing. NFTs are unique tokens that are not interchangeable as a result of their distinctive characteristics. As “one-offs,” the idea of investing in NFTs is gaining ground. […]
The play-to-earn (P2E) industry had been enjoying a boom, rising to prominence amid a hype-fueled crypto bull market. It has benefitted from the success of the gaming industry, which has managed to remain recession-proof even through the worst of economic crises. This industry continued to pull in billions of dollars when companies in other sectors were going bankrupt by the day, and this ability to bring in a steady stream of money seemed to have spilled over into the P2E space. That is, until the bull market was over and crypto was staring down the barrel of the bear market. Since the....