Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?

Axie Infinity is beginning 2023 on the right track, as the play-to-earn (P2E) game’s active users recorded a 59% surge. Based on recent data, Axie Infinity’s sales volume also surged by a staggering 214% in January. The promising data now might mean that Play-to-Earn games may become popular again after a tragic drop in 2022.… Continue reading Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?

NFT Gaming Trends In 2023: Top Executives Expect More Big Players To Dive In

From more gaming firms joining in aiming to benefit from the relevance of popular concepts, different sector experts shared their insights on forthcoming NFT gaming trends. Despite the bullying that gamers exert on traditional gaming firms cautiously investing in nonfungible tokens (NFTs), the executives working within the NFT gaming sector are hopeful that more traditional… Continue reading NFT Gaming Trends In 2023: Top Executives Expect More Big Players To Dive In

First Half 2022 Records Highest GameFi And NFT M&A Deals In 9 Years

The nonfungible token (NFT) market went big in 2021, getting the attention of renowned names across various spheres of life. As a result of the NFT craze, the global NFT market reached a valuation of $17.6 billion in the past year. Merger and acquisition (M&A) deals of NFT and game finance (GameFi) firms gained the… Continue reading First Half 2022 Records Highest GameFi And NFT M&A Deals In 9 Years

NFT Market Soars Sharply Despite The Recent Crypto Market Dump

The latest market data analysis confirmed that the non-fungible tokens (NFT) markets have experienced a sharp increase in the last seven days, despite the current crypto market downtrend. This sharp correction shows that notable investors see the recent downturn as a buying opportunity. Since the start of May, the total market capitalization for non-fungible tokens… Continue reading NFT Market Soars Sharply Despite The Recent Crypto Market Dump

Blockchain Gaming Grew By 2000% Since 2021 Despite Dwindling Interest

It has been quite a challenging few months for the blockchain gaming. Between some of the historic hacks that resulted in massive losses and dwindling interest in the games, things have now cooled off from the peak of this gaming euphoria. With all that said, that near-term picture does not represent the entire story. Thus,… Continue reading Blockchain Gaming Grew By 2000% Since 2021 Despite Dwindling Interest

Web3 Increased Funding Is A Boost To The NFT Market

In recent months, more institutions and individuals seem to be betting their money on Web3 which appears to be helping the NFTs sector thrive further. KuCoin crypto exchange’s venture capital arm and nonfungible token (NFT) marketplace has confirmed their launch of a $100 million “Creators Fund” to assist in bootstrapping early-stage NFT projects at the… Continue reading Web3 Increased Funding Is A Boost To The NFT Market

NFTs Are The ‘Future Of Digital Assets’ In Sports – PwC Report

Non-fungible tokens (NFTs) have attracted more use cases in the sports industry in the past few weeks, with a new report now suggesting that a lot of people use them to track how fans use various sports and interact with their favorite teams. Price Waterhouse Coopers (PwC), an American-based advisory and consultancy firm, has published… Continue reading NFTs Are The ‘Future Of Digital Assets’ In Sports – PwC Report

Decentraland, Axie Infinity, And ‘Metaverse’ Cryptos Surge After Facebook Changes To Meta

The net market cap of metaverse tokens has grown 13.40% to $12.36 billion in the last 24 hours. On October 28, Facebook’s decision to rebrand itself to Meta helped in sparking a speculative rally across cryptos that are owned by similar virtual world projects. This Meta brand is used to indicate Facebook’s plans to create… Continue reading Decentraland, Axie Infinity, And ‘Metaverse’ Cryptos Surge After Facebook Changes To Meta