Non-fungible tokens, or NFTs, have been a hot topic in the crypto and art worlds lately, with some NFT artworks selling for millions of dollars. NFTs are unique digital assets that are authenticated on a blockchain, giving them a certain level of rarity and value. However, the collapse of Silicon Valley Bank has had a … Continue reading NFT Trading Volumes Plunge After Silicon Valley Bank Collapse
The world of non-fungible tokens (NFTs) has been a hot topic in recent months, with an increasing number of investors looking to cash in on these unique digital assets. One of the latest developments in this space involves the Trump Digital Trading Cards NFT project, which has seen a surge in floor price following news … Continue reading Trump NFT Floor Price Surges on Indictment News
Polygon, a layer-2 scaling solution for Ethereum, has emerged as the second-largest blockchain gaming network with 138,081 unique active wallets (UAWs) engaging in games in March, according to the “Blockchain Games Report” published by decentralized application (DApp) analytics platform DappRadar. The number of UAWs engaging with games on Polygon rose by 53% from February, placing … Continue reading Polygon Emerges as Second-Largest Blockchain Gaming Network
According to a recent report by DappRadar, Asia is a crucial region for the Web3 gaming industry, given its majority share of gamers and gaming revenue, as well as its high interest in blockchain technology. The report highlighted that the Asian market boasts over 1.7 billion video game players, accounting for 55% of the world’s … Continue reading Asia Crucial to Web3 Gaming Industry
Despite a significant downturn in the virtual world market and a drastic drop in metaverse land prices, the metaverse industry has attracted substantial investment in 2023. According to a recent report by DappRadar, venture capital funds have invested $707 million into metaverse projects this year. The report highlights a sharp decline in trading volumes in … Continue reading $707 Million Investment in Metaverse So Far in 2023 Despite Metaverse Land Collapse
South Korea’s prominent metaverse platform, ZEP, has announced a strategic partnership with the global Layer 1 blockchain platform, NEAR Protocol. This collaboration, revealed on November 13, 2023, aims to facilitate user onboarding and enhance the development of ZEP’s Web3 capabilities, marking a pivotal step in the evolution of both entities. NEAR Protocol: A Catalyst for … Continue reading NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding