During the ongoing cryptocurrency bull market, the GameFi sector is experiencing a notable resurgence. Contrary to the sluggish progress of the past two years, GameFi initiatives are currently more dynamic, marked by an increase in new product rollouts and strategic collaborations.
StepN and Adidas are teaming up for a limited-edition NFT sale on the Solana platform, featuring 1,000 “Genesis Edition” sneaker NFTs priced at $2,200 each. Moreover, users can earn rewards on StepN by engaging in physical activities such as walking, jogging, or running.
Ordz Games introduced a new web3 handheld gaming gadget, resembling BitBoy One. Similar to the original GameBoy, BitBoy One delivers classic gaming experience. Yet, it offers an extra perk: players can earn Bitcoins concurrently while relishing retro games. This device boasts multiplayer functionality and VR compatibility as well.
Many GameFi projects are paving the way for typical gaming functions. For instance, ARPG Seraph: In the Darkness has recently earned a notable spot in the market through authentic sales of NFT games. Two characters might be talking about the upcoming launch of this game towards the end of the month. It’s set in a dark medieval atmosphere where players create their unique casts, engage in battles against monsters, and gather loot.
According to DappRadar’s latest data, the number of active wallets in the GameFi sector has experienced a remarkable surge, reaching over 2.5 million – almost double the yearly average. The co-founders, Yat Siu and Johnson Yeh, predict that this year will see “millions upon millions” of Web3 gaming enthusiasts. However, some criticism has been levied against GameFi projects for prioritizing finance over gaming, resulting in a few collapses within the category.
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2024-04-17 00:04