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“# Half of unique active crypto wallets played a blockchain game in Q3 ” The number of crypto wallets participating in blockchain games has surged in recent months according to new research. According to DappRadar’s Q3 ‘Blockchain Game Report’, unique active wallets connected to gaming decentralized applications reached a total of 754,000 for the period….
“# Chess grandmaster Magnus Carlsen awarded NFT trophy after tournament win ” For the first time in chess history, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, Meltwater Champions Chess Tour (MCCT). The tournament minted a number of NFT trophies and collectibles to indefinitely preserve the…
“# The Metaverse, play-to-earn and the new economic model of gaming ” The gaming industry, which has always been synonymous with fun, has grown massively in recent times, and a lot of money is now being mentioned when gaming comes up. Since the introduction of Web 3.0, there has been immense growth in the industry….
“# NFTs offer a new way for society to ‘store culture’ says Animoca Brands CEO ” Yat Siu, the co-founder and chairman of NFT game developer Animoca Brands, believes nonfungible tokens offer a new way for culture to be stored in the virtual sphere. In an interview with Cointelegraph, Siu argued that while the technology…
“# Nifty News: Dapper Labs pursuing DAO’s, Bundesliga partners with Sorare, and more. ” Dapper Labs targeting DAO’s with Brud acquisition Dapper Labs, the $7.5 billion team responsible for NBA Top Shot and Flow Blockchain, acquired virtual influencer start-up Brud this week. In the Monday announcement, CEO Trevor McFedries announced a new initiative titled Dapper…
“# Axie Infinity developer secures $152M in Series B funding from investors ” Sky Mavis, the studio behind the popular Axie Infinity nonfungible token (NFT) game, has announced a fresh round of funding for the company. In a statement issued on Tuesday, Sky Mavis announced that it had closed a $152-million Series B funding round….
“# ‘We want to be the brand of the metaverse,’ says RTKFT’s Chris Le ” A decade ago, Nike took a proverbial leap into the future of sneakers with their launch of Nike Mag — a fictional concept shoe inspired by the movie Back to the Future Part II. The 1,500 limited edition was so…
“# Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high ” Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that…
“# Altcoins take the next leg up after Bitcoin price holds $47.5K ” Bullish sentiment returned to the cryptocurrency ecosystem on Oct. 1 after a 10% spike in the price of Bitcoin (BTC) lifted it above the $47,500 level and resulted in the liquidation of more than $270 million in short positions. The altcoin market quickly…
“# NFT trading game Axie Infinity launches AXS staking program ” Axie Infinity, a play-to-earn NFT game based on the Ethereum blockchain, announced the launch of the staking program for its native token, Axie Infinity Shards or AXS. AXS holders can start staking their tokens while the rewards will be activated in 24 hours to…