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Play-to-earn games are ushering in the next generation of platforms
Blockchain-based games that allow players to earn cryptocurrencies as they play are paving the way for a new era in gaming.
The online gaming industry has been on the rise for the past few years and for a good reason. From a global pandemic pushing an online revolution to the ever-increasing mobile and internet penetration, more people are spending more time online.
It is no wonder the industry is big money, raking in over $20 billion in revenue for 2020 alone. With an estimated 1 billion online gamers currently active worldwide, experts forecast growth in numbers reaching a whopping 1.3 billion active gamers by 2025.
The numbers speak for themselves. Gamers are so enthusiastic about their favorite games, that some spend hundreds of dollars just to get an upgrade on their avatar or access a coveted in-game item that will give them a leg up.
Blockchain-based play-to-earn (P2E) games are set to literally change the rules of the game by offering an equal playing field for everyone involved, giving players ownership as well as a source of income, and making the time they spend playing worthwhile. Read More
We haven’t even begun to tap into the potential of NFTs
Nonfungible tokens will become a critical component of all brands’ marketing and digital strategy initiatives — and even more.
For brands looking to grow and reach new audiences, NFTs are emerging as a bonafide marketing channel. Once NFTs gain more mainstream recognition beyond the initial swell, creators will have the ability to reach more and more users. Platforms like Telegram, Twitch, and Discord have already demonstrated the many ways to create and nurture a fan base. Just imagine what a robust NFT marketplace will add to this growing movement.
As digital certificates of authenticity, NFTs can function as guardians of intellectual property rights. The NFT space will ultimately look like the music publishing model, where music publishers and songwriters amass catalogs of copyrights that deliver a persistent stream of royalties in perpetuity, driving long-term valuation. The creation of a management platform that allows IP owners to manage NFT transactions (think business intelligence, analytics, and CRM capabilities) is on the horizon. Read More
How EX Sports NFTs Are Changing The Game for Niche Athletes
Athletes like freestyle footballer Séan Garnier are using EX Sports’ NFTs to connect with their fans and make niche sports profitable for players.
Freestyle footballer Séan Garnier could teach the Premier League a thing or two. Indeed, some of the world’s most famous soccer players have joined Garnier’s millions of social media followers in begging him to teach them his mind-blowing tricks.
Now, Garnier’s using the emerging technology of non-fungible tokens (NFTs) to take his skills directly to his fanbase—and revolutionize the way that professional athletes are funded. Read More
African Blockchain Enthusiast Launches Expedition That Seeks to Highlight East Africa's Potential
While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise.
Adedayo Adebajo (AA): The blockchain expedition is a journey across East African countries that seeks to educate, train, create communities, and then showcase areas where blockchain technology is already being used in the zone. The intention is to increase developer’s communities, encourage more adoption and enhance public and private knowledge especially in areas where blockchain technology can help businesses and standards. Read More
A few companies are working hard to make Web 3 a reality. A pioneer in the social media and marketing realm is Markethive. The company has successfully bypassed the centralized web services, like AWS and Microsoft, and operates on its own cloud system. Markethive is working on expanding its clouds, called Mining Hives, throughout the world.
This means all data pertaining to Markethive and its users will not be stored on servers owned and controlled by a centralized entity. Instead, it is a distributed database on the Markethive Blockchain with no single point of failure and no internet disruption or censoring by the likes of dictatorial authorities who may decide to shut off the internet.
To protect all Markethive associates and continue to build the entrepreneurial ecosystem to bring financial and self-sovereignty, Markethive is in the process of building a new offshore corporation for launching its decentralized exchange (DEX) and wallet. This Web 3 development is an inspiring and timely milestone that should be ready by September this year.
It is a Godsend and a blessing to have a social media and inbound marketing platform empower its community, integrating Blockchain and cryptocurrency in a decentralized environment to circumvent the ‘powers that be” in this ever-darkening world. Markethive will play a prominent role in the re-invention of the social media space to preserve and nurture the entrepreneurial spirit. Read More
Mech Master: Building the Next Generation of Blockchain & NFT Gaming
Mech Master’s strategic turn-based RPG game allows players to build their own territory with future technologies and protect their homeland. In the Mech universe, players are challenged to collect giant fighting machines and futuristic weapons to save the world. Being an experienced pilot in Augmented Reality, players set themselves apart from other players with unique tactics and sharp decision-making skills. Being a blockchain game in a sci-fi setting, not only combat arenas will earn players rewards, but they can also profit from battles by earning Mech tokens, the native token of the ecosystem that acts as a center point in the gameplay as well. Read More
Mastercard Prepares To Launch An Expansion Of Its Crypto Services
Mastercard is readying itself to announce the expansion of its crypto services. The payments network will enable any of its merchants or banks to integrate crypto into their products.
CNBC initially reported that Mastercard would be taking this leap, enabling any bank or merchant to accept and offer Bitcoin. The payments network will be partnering with Bakkt, a digital asset marketplace, that will be the custodial provider that offers crypto-based credit cards.
Sherri Haymond, Mastercard’s executive vice president of digital partnerships commented on this expansion:
“We want to offer all of our partners the ability to more easily add crypto services to whatever it is they’re doing. Our partners, be they banks, fintechs or merchants can offer their customers the ability to buy, sell and hold cryptocurrency through an integration with the Baktt platform.” Read More
The Crypto Exchanges Endeavoring To Deliver Stability, Regulation, & Real-World Use For Digital Assets
While the market capitalization of cryptocurrencies has been growing exponentially over the last few years, 2021 has become an extremely favorable year for bitcoin (BTC), ether (ETH), and several other altcoins.
With most coins shattering previous records and setting new all-time highs (ATH), the market has undeniably gathered momentum. But data from several sources foreshadow a somewhat worrisome trend that may have long-term impacts on the mainstream adoption of cryptocurrencies. According to a recent report by on-chain market analysis firm Glassnode, most exchanges are currently witnessing modest outflows of around 20,000 BTC per month.
There could be many reasons behind the outflows, whether the attractive opportunities in DeFi or because users are increasingly losing trust in third-party exchange providers. However, exchanges have done little to fix their image problem while DeFi continues to expand. Read More
Stellar partners tap USDC for remittances between Europe and Africa
Flutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market.
The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin.
On Monday, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC) stablecoin on the Stellar network to simplify remittances between Africa and Europe.
Flutterwave will work alongside Stellar’s principal European Union payments partner, Paris-based money transfer operator, Tempo Payments. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
