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” Solana TVL and price drop 50%+ from ATH, but gaming DApps could turn the tables “ 2022 has not been a good start for cryptocurrencies and to date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana’s (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date. Solana (blue)…
” The Sandbox Metaverse hits 2M users, begins K-Pop partnership “ The Sandbox metaverse game owned by NFT investment giant Animoca Brands has surpassed 2 million registered users amid its play-to-earn season 2 alpha launch. The crypto game backed by NFTs and its native SAND token has been in the works for roughly four years,…
“# Web3 gaming in the third world: Axie facilitating billions ” The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum…
“# Nifty News: Snoop Dogg and Gary V have $95M in NFTs, Dolly Parton’s Dollyverse and more… ” According to data from DappRadar, the NFT portfolios belonging to Iconic rapper Snoop Dogg and popular entrepreneur Gary Vaynerchuck are worth a combined $95 million. Vaynerchuck’s wallet holds the lion’s share of the value with $81.89 million…
“# VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing ” Crypto markets are taking a beating but there are still a few standout performers even during this week’s volatility. One sector that has managed to rise above the noise are NFT-related altcoins and GameFi tokens. Top gainers in the collectible…
“# Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine ” An anonymous nonfungible token (NFT) collector spent 204 Ether (ETH) worth roughly $488,800 (at the time of writing, considerably more when it occurred) on gas fees to mint 1,000 Tubby Cats NFTs. In total, the Tubby Cats enthusiast clearly had some capital…
“# 3 reasons why Bluzelle (BLZ) could be GameFi’s next unicorn project ” The cryptocurrency market has had a less than stellar start to the year and it appears that the downtrend that began after the November 2021 market peak has been extended thanks to a multitude of negative developments, including the expectation of rising…
“# FTX.US job posting reveals blockchain gaming unit in the works ” FTX.US, the American arm of the global crypto derivative and spot exchange FTX, seems to be launching a new blockchain gaming unit. As per a job posting by the crypto exchange, the firm is looking for software developers for its upcoming blockchain and…
“# More playing and less earning will make better Metaverse games ” If you’re not keen on joining Mark Zuckerberg in the Metaverse, I have bad news for you: You’re already there. You don’t need a virtual reality headset to enter a virtual world. Humans have been representing reality since our distant ancestors first painted…
“# ‘Off the charts:’ Zynga blockchain exec praises P2E gaming talent ” Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first NFT game this year, Zynga’s blockchain gaming aspirations are taking shape. Matt Wolf, the marketing veteran with experience at EA and SEGA, is the new vice…