During the ongoing cryptocurrency bull market, the GameFi sector is experiencing a significant comeback. Previously sluggish in the last two years, GameFi initiatives have lately become more dynamic, rolling out new products and forming collaborations.
StepN teamed up with Adidas for a release of 1,000 unique NFTs (Non-Fungible Tokens) on the Solana platform, priced at $2,200 each. Moreover, users can earn incentives through StepN by performing actions such as strolling, jogging, or simply running around.
Recently, Orduz Games introduced a new web3 handheld gaming device reminiscent of the BitBoy One. Similar in function to the original GameBoy, this gadget lets users enjoy classic games. However, what sets it apart is its capability to generate Bitcoin earnings for players while they engage in these retro pastimes. The device boasts both multiplayer and VR capabilities as added perks.
Many GameFi projects are paving the way for regular gaming procedures with their innovative approaches. The RPG “Seraph: In the Darkness” recently earned a valuable spot in the marketplace through genuine sales of NFT game items. Two characters may be looking forward to the upcoming launch of this game towards the end of the month, which is based in a dark medieval atmosphere, allowing players to design their own characters, battle monsters, and collect loot.
Based on DappRadar’s latest data, the number of active wallets in the GameFi sector has soared, reaching an impressive 2.54 million – that’s more than twice the amount recorded during the same period last year. The co-founders, Yat Siu and Johnson Yeh, are optimistic about attracting “tens of millions” of Web3 gamers in 2023. However, some GameFi projects have faced criticism for focusing too much on finance rather than games. Regrettably, a few of these projects have even failed due to this imbalance.
Read More
- PYTH PREDICTION. PYTH cryptocurrency
- 15 Charged for converting Drug Cartels’ Cash into Cryptocurrency in U.S.
- As Lindsay Lohan And Lacey Chabert Headline Christmas Movies, These Comments Have Me Convinced A Mean Girls Holiday Movie Reunion Needs To Be Next
- Taylor Swift Calls Eras Tour “Most Challenging Thing I’ve Ever Done” at Final Show
- Niels Arestrup Dies at 75, Iconic Actor Was a Force of Cinema
- EXCLUSIVE: Alia Bhatt in talks with Dinesh Vijan for a supernatural horror thriller; Tentatively titled Chamunda
- Ben Affleck And Matt Damon Are Back To Work Together, And An Insider Weighed In On Their Longtime Connection
- India signals no fixed timeline for crypto rules, calls for global alliance
- Paul Atkins to Replace Gary Gensler as Next SEC Chair?
- ‘I Pitched Stargate’s Take On Black Panther’: Christopher Judge Opens Up About His Teal’c Spinoff And Why It Hasn’t Happened
2024-04-17 01:26