NFT

Everything You Need to Know About NFT Game Reviews 2023

Looking for the most comprehensive source on NFT game reviews? Discover what you need to know about these exciting new games, with all the details you need within this post!

This article is a guide to NFT games, their pros and cons, and how to find the best reviews. It covers the basics of what NFT games are, their advantages and disadvantages, and why players might be interested in them. The article also provides guidance on what to look for in NFT game reviews, such as an understanding of NFTs, gameplay mechanics, pricing, and community development. Finally, the article offers tips on finding the best NFT game reviews, such as seeking out reputable sources and reading multiple reviews.

A Guide to NFT Games, Their Pros and Cons, and How to Find the Best Reviews

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NFTs, gaming, mass adoption

Introduction:

Non-fungible tokens (NFTs) have been making waves in the gaming world, offering players a new way to own, trade, and monetize their in-game assets. With the rise of NFT games, game reviews are also evolving, incorporating new criteria such as blockchain technology, digital scarcity, and tokenomics. In this article, we\’ll cover everything you need to know about NFT game reviews, from what NFT games are to how to find the best reviews.

What Are NFT Games?

NFT games are video games that use non-fungible tokens to represent unique digital assets, such as characters, weapons, or environments. Unlike traditional games where players can only use or sell their items within the game\’s ecosystem, NFT games enable players to own and trade their assets outside the game, thanks to blockchain technology. Some popular examples of NFT games include Axie Infinity, The Sandbox, and Decentraland.

The Pros and Cons of NFT Games:

Pros:

  • Ownership and control: NFT games give players true ownership and control over their assets, allowing them to sell, trade, or even rent them out to other players.
  • Unique and scarce items: NFT games offer unique and scarce items that can increase in value over time, especially if the game becomes popular.
  • New monetization opportunities: NFT games can provide new ways for players and developers to earn money, such as through in-game marketplaces or royalties.

Cons:

  • High barriers to entry: NFT games often require players to own or purchase cryptocurrency, which can be a barrier to entry for some.
  • Potential for scams and fraud: NFT games are still a new and largely unregulated market, which can attract scams and fraudsters.
  • Environmental concerns: The energy consumption of NFT games and blockchain technology has raised concerns about their environmental impact.

Why You Should Play NFT Games:

If you\’re a gamer who enjoys collecting rare and valuable items, NFT games can provide a new and exciting way to do so. Additionally, if you\’re interested in cryptocurrency or blockchain technology, NFT games can offer a way to learn more about these topics in a fun and engaging way. Finally, if you\’re looking for new ways to monetize your gaming hobby, NFT games can provide opportunities to earn real money from your in-game assets.

What to Look for in an NFT Game Review:

When looking for NFT game reviews, it\’s important to consider the following factors:

  • Understanding of NFTs: The reviewer should have a good understanding of how NFTs work and how they impact the gameplay and monetization of the game.
  • Gameplay and mechanics: The reviewer should provide an in-depth analysis of the gameplay, mechanics, and features of the game.
  • Marketplaces and pricing: The reviewer should evaluate the in-game marketplaces and pricing of the assets, as well as their potential value and scarcity.
  • Community and development: The reviewer should assess the community and development of the game, including the frequency of updates and the responsiveness of the developers.

Tips for Finding the Best NFT Game Reviews:

To find the best NFT game reviews, consider the following tips:

  • Look for reputable sources: Seek out reviews from well-established gaming websites, influencers, and communities that have a good track record of providing informative and unbiased reviews.
  • Read multiple reviews: Don\’t rely on a single review to make your decision. Read multiple reviews from different sources to get a more well-rounded perspective on the game.

In conclusion, NFT games are a new and exciting trend in the gaming world, offering players a unique way to own, trade, and monetize their in-game assets. As NFT games continue to gain popularity, it\’s important to stay informed about their pros and cons and to seek out reliable reviews to guide your decisions. By looking for reviews that take into account factors such as NFT mechanics, gameplay, and community development, you can make informed decisions about which NFT games to play and invest in. As the world of NFT games continues to evolve, we can expect to see new and innovative ways for players and developers to engage with this exciting technology.

Play to Earn Gaming News

Looking for the best games where you play to earn money (P2E)? Check out our site for reviews of video games. Our huge collection of P2E games has been carefully put together to give you all the information you need. Include the type of game, the platform, the tokens, the white papers, and links to social media. Our site also has game trailers and in-depth reviews, so you\’ll always know what\’s new in gaming. We are proud to give you daily news updates about the latest Play-to-Earn, P2E, blockchain, non-fungible tokens (NFTs), crypto, Web3, and metaverse games.

Check out our \”Top Games\” and \”Game Lists\” to find the best P2E games and game developers, and read our \”Video Game News\” every day to find out what\’s going on in the gaming world. Contact us if you have any PlayToEarn Game news or send us your press release if you\’re launching a game, and our PlayToEarn Game news writers will cover it. Our video game review site will help you find the best Play-to-Earn (P2E) games out there.

The Growing Popularity of NFT Gaming and Its Impact on the Web3 Industry

Discover the impact of NFT gaming on the Web3 industry. Learn how it\’s transforming the gaming world and paving the way for a new era of digital asset ownership.

NFTs, or non-fungible tokens, have been making waves in the digital world, particularly in the gaming industry. As more game developers and enthusiasts recognize the potential of NFT gaming, the Web3 industry is poised for growth and adoption. In this article, we will delve into the impact of NFT gaming on the Web3 industry and explore the reasons behind its growing popularity.

NFT Games and Web3: The Perfect Match?

NFT games are a natural fit for the Web3 industry, which seeks to bring decentralization and transparency to various sectors. NFTs, as unique digital assets, can be bought, sold, and traded on the blockchain, making them ideal for use in gaming. With NFTs, gamers can own unique in-game items, skins, and other collectibles that they can trade with other players, creating a new economy within the game.

NFT Gaming: A New Revenue Stream for Game Developers

Game developers can benefit greatly from the growing popularity of NFT gaming. By incorporating NFTs into their games, they can create a new revenue stream and offer players a new level of engagement. With NFTs, game developers can create limited edition items and exclusive content that can only be obtained through purchase or gameplay.

The Importance of Quality in NFT Gaming

The success of NFT gaming depends largely on the quality of the games and the in-game items. Low-quality experiences and scams have hindered the uptake of Web3 games in the past, and it is crucial for developers to focus on creating engaging and immersive games that can compete with popular titles like Call of Duty and Fortnite.

NFT Gaming and the Entry of Traditional Game Studios

The entry of traditional game studios into the NFT gaming space is a significant development. Major publishers like Activision Blizzard and Riot Games are creating Web3 games that prioritize gameplay over the hype around blockchain technology and tokenomics. By leveraging their experience and expertise, these game developers can create engaging games that meet gamers\’ expectations.

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mobile gaming, blockchain games, NFTs, Web3, play and own

NFT Gaming: A Catalyst for Innovation and Growth

The growing popularity of NFT gaming is a catalyst for innovation and growth in the Web3 industry. The 3XP Gaming Expo, launched by Community Gaming and Game7, aims to promote the benefits of digital assets in gaming and change the negative perception surrounding NFTs. By showcasing the potential of digital assets in gaming and providing a platform for game developers to showcase their blockchain-based games and other Web3 gaming products, events like the 3XP Gaming Expo could serve as catalysts for innovation and growth in this exciting new space.

Conclusion

In conclusion, NFT gaming is a growing trend in the gaming industry that has the potential to revolutionize the Web3 industry. With NFTs, gamers can own unique in-game items and create a new economy within the game. Game developers can benefit from the growing popularity of NFT gaming by creating a new revenue stream and offering players a new level of engagement. The success of NFT gaming depends on the quality of the games and the in-game items, as well as the entry of traditional game studios into the NFT gaming space. Events like the 3XP Gaming Expo can serve as catalysts for innovation and growth in the Web3 industry.

Play to Earn Gaming News

Looking for the best games where you play to earn money (P2E)? Check out our site for reviews of video games. Our huge collection of P2E games has been carefully put together to give you all the information you need. Include the type of game, the platform, the tokens, the white papers, and links to social media. Our site also has game trailers and in-depth reviews, so you\’ll always know what\’s new in gaming. We are proud to give you daily news updates about the latest Play-to-Earn, P2E, blockchain, non-fungible tokens (NFTs), crypto, Web3, and metaverse games.

Check out our \”Top Games\” and \”Game Lists\” to find the best P2E games and game developers, and read our \”Video Game News\” every day to find out what\’s going on in the gaming world. Contact us if you have any PlayToEarn Game news or send us your press release if you\’re launching a game, and our PlayToEarn Game news writers will cover it. Our video game review site will help you find the best Play-to-Earn (P2E) games out there.

Starbucks NFTs Sell for Thousands of Dollars

Since its launch, Starbuck\’s NFT program has made over $200,000 in sales, which is a good sign. However, is it worth it for crypto fans and other people?

2021 was a golden year for the crypto market, during which a lot of famous brands introduced their own NFTs, hoping that it will result in profit for their brand. However, their hopes were shattered with the downfall of cryptocurrencies, resulting in the abandoning of these ventures, as NFT sales dropped 83% compared to the previous year.

Starbucks Web3 Entry via NFTs

With its project, Starbucks Odyssey, launched in December, Starbucks moved into the NFT space. This is a new part of their rewards program, which lets people earn points by buying coffee and playing online games and quizzes. Since December, when it started in beta with a small group of customers, the project has already raised a huge amount of money. On the secondary market, NFTs that only cost a little more than a few cups of coffee can be bought for as much as $1,900, even though they were sold for more than $200,000 in the first place.

On social media, crypto fans are praising the program and saying that it\’s a great way for crypto to get into the mainstream. Analysts from Bank of America liked the program and said it was \”more complete than the industry\’s previous NFT initiatives.\” The new batch of 2,000 Starbucks NFTs sold very quickly, and they were all gone in just minutes. Each NFT was sold for $100, which caused so much activity on the website that it crashed.

The buzz about Starbucks\’ NFT program, on the other hand, seems to be a bit overblown. The increase in activity hasn\’t changed much, if anything, about whether or not most people who drink coffee every day will add Starbucks NFTs to their daily routines. With the program being used by the crypto community, they are in the lead. Even though Starbucks said it would offer rewards and other incentives in the future to bring in more customers.

The Unknown NFT Chase for Starbucks Odyssey

It\’s important to remember that Starbucks doesn\’t call their NFTs \”NFTs.\” Instead, they call them \”stamps.\” And most of them aren\’t kept on the blockchain. Customers have to do certain things to get stamps. There are trivia questions about Starbucks and coffee, or you can order two drinks with non-dairy milk. These stamps go into the Starbucks Rewards accounts of the people who bought them. Recently, the company started letting customers buy certain stamps instead of having to earn them.

At the moment, crypto and web3 fans, as well as Starbucks, are pushing for the program to be used. Chris Fierro is from Rhode Island and says he loves coffee. He used to work as a barista at Starbucks and was excited to hear about Odyssey when he first heard about it. Fierro says that so far, the process has been easy because credits are added to his account whenever he finishes a task, like buying a bag of coffee beans in a store.

Starbucks is using the ideas of scarcity and utility to make their NFTs more valuable. The Holiday Cheer Stamp was only made in 5000 copies for their first NFT release. Even though the stamp\’s owner is still unknown, the company says that NFT holders will get special perks like classes on how to make martinis and trips to coffee farms in Costa Rica. So, NFT traders are betting that the NFT\’s current value, which has risen above $1,000, will be less than the rewards that Starbucks has promised. Fierro says that people are either betting that the price will go up or trying to complete their set, which is common in the cryptocurrency world.

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Since its launch, Starbuck\’s NFT program has made over $200,000 in sales, which is a good sign. However, is it worth it for crypto fans and other people?

Web3 Requires Slow and Steady Approach

Even though Starbucks has made a lot of money from the NFT program, it is not clear if regular customers will accept it. The easy registration process through Nifty Gateway is meant to make it easy for people to use, but it also puts their tickets at risk of being lost if the program ends. The public seems slow to get on board, and some Starbucks employees think the initiative is boring and just a marketing ploy because they haven\’t heard anything from customers.

When TIME asked Starbucks baristas at JFK airport about the program, they seemed confused by it. Even getting Starbucks Odyssey\’s target audience to buy in has been slow at times. In January, Maika Isogawa, who started the company Web3 and is a big fan of Starbucks, said bad things about the app. She says it is \”poorly done\” and doesn\’t like the \”Flappy Bird-like game\” because it reminds her of something she made in her first year of college. But in March, she wrote to TIME that she now liked the program: \”Starbucks is one of the few companies trying any kind of Web3 loyalty program and doing a good job at it.\”

Play to Earn Gaming News

Looking for the best play-to-earn (P2E) games? Look no further than our video game review site. Our extensive collection of P2E games is expertly curated, providing you with all the necessary information. Including game genre, platform, tokens, whitepapers, and social media links. Our site also offers game trailers and in-depth reviews, making sure you\’re up-to-date on the latest gaming trends. We pride ourselves on providing daily news updates so that you stay informed about the latest Play-to-Earn, P2E, blockchain, NFTs, crypto, Web3, and metaverse games.

Explore our Top Games and game lists to discover the best P2E games, game developers and read our fresh daily video game news to stay informed about the latest developments in the world of gaming. Contact us for any PlayToEarn Game News or send us your PR if you\’re launching a game, and our PlayToEarn Game news writers will cover it. Join us now to explore and discover the best Play-To-Earn (P2E) games out there with our video game review site.

NFT Marketplace Competition 2023

NFT Marketplace Competition: Blur Dominates, OpenSea Trails

Despite being a relatively new company, Blur is emerging as a fierce competitor to OpenSea in the NFT marketplace wars.

There has been a lot of hype surrounding the Blur NFT marketplace over the last couple of weeks. In October last year, BLUR governance tokens made their way to NFT traders on the Ethereum blockchain. It is promoting itself as the fastest NFT marketplace for traders. The token unlock event saw a massive release of 360 million tokens. Moreover, NFTs valuing 1.18$ Billion 146,823 unique users were introduced in the market, along with the news of the airdrop, in the first four months after the debut

The Statistics Around the Hype

The hype was real surrounding the Airdrop as Blur has dominated OpenSea\’s NFT trading volume. According to Dune Analytics statistics, the marketplace had a volume of $601 million over the past seven days compared to the $104 million of OpenSea. These numbers correspond to Blur Marketplace controlling an 85.2% market share compared to OpenSea\’s 14.8%.

Daily volume numbers are also evident in this comparison. As according to DappRadar statistics, Blur achieved a trading volume of $98.6 million in the last 24 hours. While OpenSea, in second position, only managed $17.92 million. Additionally, compared to OpenSea, its daily average transaction price has consistently been greater.

It\’s important to note that Blur has designed its incentives strategy to avoid rewarding volume in order to discourage wash trading. By tweaking its royalties reward structure, the market has attempted to bypass OpenSea\’s constrictive approach. This policy change is a defensive measure designed to safeguard its survival as it was forced to make this decision as a result of OpenSea\’s non-competitive position. Blur and OpenSea do not pay royalties to the same creator on both platforms.

Counter-Strategy by OpenSea: Temporary 0% Fees Policy

In response, OpenSea made a huge policy shift to the way its marketplace operates. The platform claimed that it has always worked to safeguard creator royalties for all collections. It also adds that its \”Operator Filter\” was developed just to ensure that. The team at OpenSea believed that it was the most effective technique to guarantee that creators earn money from the continued resale of their works.

The market claimed it has implemented a temporary zero percent fee on all secondary sales in place of the contested 2.5% cost in order to meet the challenge. OpenSea added that although sellers are free to set their own royalty rates, all current and future NFTs that do not use on-chain enforcement must now follow an optional creator profits model (minimum 0.5%). The third modification OpenSea made was to its operator filter in an effort to win back its dwindling user base. Creators will no longer be forced to decide between collecting revenue from sales on OpenSea or another marketplace because the revised filter now allows the sale of NFTs on marketplaces with comparable policies, like Blur.

Blur: A New Force to Reckon

Blur\’s decision to remove creator profits even on filtered collections and force creators to choose between liquidity on their platform has forced OpenSea to make changes to the company’s policies. The NFT market (almost 80%) now operates under the 0% policy and hence does not offer full creator compensation. The market made a commitment to working continuously to improve incentives for all ecosystem participants, such as creators, collectors, and high-volume traders.

Yuga Labs concedes to alter its BAKC logo and Blames it on a contracted freelancer

This past week we saw the removal of Yuga Labs The Bored Ape Kennel Club (BAKC) logo. The reason was Yuga Labs\’ failure to obtain the approval and consent of the logo\’s original artist and owner. The controversy started after a Twitter user pointed out the striking resemblance between BAKC\’s logo and the wolf skull picture first released on April 5, 2021, by Easy Drawing Guides, a website that offers tutorials to novices and children for drawing cartoon-like images.

Yuga rendered the logo and even submitted a trademark application for it in November after the collection debuted in June 2021. Easy Drawing Guides asserts that it still owns all intellectual property rights to the illustration. Moreover, it also reaffirms the prohibition of using its exclusive content for commercial gain under its terms and conditions.

Greg Solano, one of the people who started Yuga Labs, says that the company didn\’t know about the claims against the BAKC logo. However, an investigation is already underway regarding the logo. Solano blames a freelancer responsible for the design for any wrongdoing. Nonetheless, a new logo is on the cards, as the previous one is under litigation. Solano confirms that the new logo for the NFT collection will soon hit the market.

Play to Earn Gaming News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You\’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.

Check out our Top Games and game lists to discover the best play-to-earn games. And don\’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you\’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

Spotify and NBA Invest in NFTs

NFT Bullish Activity: Spotify and NBA Top Shot in News

NFTs (non-fungible Tokens) are making a huge comeback after a brief (and unexpected) fall in their popularity graph. With the recent buzz around NFTs, on-chain development, and the latest developments in the sector, almost every major sector is making efforts to be some kind of part of it. Some huge brands, including Spotify and the NBA, are pursuing and investing in NFTs. Here are some of the latest developments going on in the NFT sector:

Spotify is Finding its Own Way in NFTs

Spotify has been a huge revelation in the field of the music industry. Their business ideas and marketing strategies have been second to none. After finding huge success in the conventional music industry, they have now turned their attention to the world of NFTs. On Wednesday, Spotify acknowledged a new integration on its music platform. It includes music playlists with token functionality that only a small group of users can access. Token holders will access the community playlists created and curated by the participating NFT organizations and communities. In order to achieve the objectives, they have joined forces with some big Metaverse groups, including Overlord and Kingship.

Apart from the US, the service will be available in Australia, Germany, the UK, and New Zealand. The newest feature will continue utilizing Web3 elements to improve the appeal of its platform. Moreover, it will also help in integrating NFT galleries on artists\’ profiles to promote their work. Users could preview the NFTs through the integration, and a purchase option was made available by redirecting to the OpenSea NFT marketplace.

Ending the Dominance of ‘Modern’ Middleman

The popularity of the music NFTs has been on the rise in recent months. Developers have recognized them as potential game changers. The monopoly of the record companies has exploited the artists in royalties for decades now. Although streaming services have somehow reduced that dominance, these companies are still the need of the hour for the Artists’ rise. Music NFTs give fans a means to directly support their favorite musicians sort of solves the dilemma of problems.

The direct engagement and ownership of digital assets could also contribute to the development of a stronger bond with followers. Free NFTs can also gain loyal supporters. This can increase website traffic, subscriber numbers, and the number of listeners. Without having to rely on royalties from streaming services, artists can make the shift to this new paradigm of selling their work.

NBA Top Shot Moments NFTs

The National Basketball Association\’s (NBA) Chinese business section announced the introduction of NFTs with a basketball theme. The announcement came after their partnership with Chinese finance giant Ant Group. Earlier, NFTs and Web3 made their way into the professional basketball league\’s economic strategy. NBA and blockchain developer Sorare joined hands to launch a blockchain game. The game offers players to win and trade NFT basketball cards last year. NBA Top Shot made a debut in 2020 thanks to the collaboration between the NBA and blockchain game developer DapperLabs.

The Court’s Verdict on NBA Top Shot Moments NFTs Qualifying as Security

The collection, which has the seventh-highest trade volume of all time, became the focus of discussion. It came to light after a federal judge suggested that the NBA\’s Top Shot Moments might meet the Howey test for security status. In a court document dated February 22, the judge declared that Dapper Labs\’ NFTs are \”investment contracts.\” Moreover, she authorized the continuation of a class-action case brought against the business.

“Ultimately, the Court’s conclusion that what Dapper Labs offered was an investment contract under Howey is narrow.\” Not all NFTs offered or sold by any company will constitute security, and each scheme must be assessed on a case-by-case basis […] \”It is the specific scheme through which Dapper Labs offers Moments that establishes the necessary legal relationship between investors and promoter to establish an investment contract, and this is a security under Howey,\” the judge ruled.

In May 2021 we saw a complaint against DapperLabs, claiming that NBA Top Shot NFTs are securities. The company\’s CEO made a motion to dismiss the claim which got rejected. So, now the case will proceed. Moreover, the NBA Top Shot creator expressed displeasure with the federal judge\’s decision. And promised to \”vigorously defend its position in court\” in the upcoming days.

Play to Earn Gaming News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You\’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.

Check out our Top Games and game lists to discover the best play-to-earn games. And don\’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you\’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

NFTs are Alive!

The NFT Market Reserruction 2023

NFTs are rising from the dead, well heck! It wasn’t dead in the first place. The lifeless body of the NFTs market has started twitching and rising. Ladies, and gentlemen! NFTs are alive, well, and kicking. The recent NFT trade activity in the marketplaces has defied the reports that NFTs are gone forever. We have our hands on NFT sales data for the month of January 2023 which a lot of NFT critics won’t like. The NFT sales on the Ethereum blockchain, which records most NFT trades, soared high and reached $780.2 million. When we compare the figures with the previous month i.e. $546.9 million, it shows that NFT trading is rising again. 

Thanks to the data tracking by CryptoSlam, NFTs are showing signs of life and pulling back from the steep nosedive just like the crypto industry.

NFTs Making a Comeback

So, what kind of NFTs are selling like hotcakes at the moment? Well, digital art collectibles are a big hit since January this year. The top NFTs that managed to grab the attention of the community are “Bored Ape Yacht Club# 5840.” So, the NFT shows a cartoon monkey emitting green laser beams from its eyes. This NFT bagged a sale worth $822, 730. Another example is “CryptoPunks#7674”, a pixelated 8-bit character smoking a pipe, which went for $433,555. These are spectacular figures given the ongoing recession and crypto winter. However, the average sale price of NFTs is still modest accounting for $372.38. 

Although the NFT sales at the start of 2023 are promising, when compared to January 2022 it’s not even a fraction. Last year January saw $5 billion worth of sales and NFTs were enjoying a high ride. The decline started to emerge in Q2 of 2022 when May had $2.7 billion worth of NFTs trading. During Q2 2022, the market took a severe nose dive and many started regarding NFTs as a thing of the past. 

NFTs Past, Present, and Future

Nonetheless, the NFT market is getting back on its feet and inching its way out of the abyss it had fallen earlier. A month before January, NFT sales stood at $324 million, and rising to $780 million shows signs of significant recovery. Many traders and investors are betting on blockchain games, and powerful brands to lift NFTs once again. 

As of now, there are a total of 30,000 to 50,000 active NFT traders in the market which is expected to rise. Experts are of the opinion that the NFT marketplace will get back to its previous golden run if it manages to bring aboard a big wave of participants this year. 

“We will see another 2021-style run when we are able to really bring on board the next big wave of participants into the space,\” said Teng Yan, lead researcher at Delphi Digital.

However, it is too early to speculate a 2021 kind of run for NFTs this year. Although there has been a recent uptick, the fate of non-fungible tokens is still uncertain. Many cryptocurrency experts do not anticipate a recurrence of the 2021 surge in the near future. There are doubts about the enduring appeal of paying to have ownership of a digital file recorded on the blockchain, particularly when that file is available for free to anyone online.

Blur Entrance in NFT Market

The recent surge in NFT sales on the Ethereum blockchain may also be relatable to a new entrant in the market. Blur is a new NFT marketplace that managed to grab the attention of several key investors in the market. The new entrant Blur launched last year and offered free giveaways and airdrops to the community. According to data from DappRadar, the total trading volume of NFTs on Blur\’s platform over the past seven days has reached 101.2 million, slightly surpassing the 100.4 million seen on the dominant marketplace OpenSea.

Blur\’s NFT trading volumes were slightly higher than OpenSea\’s in the last seven days. However, over the past 30 days, OpenSea has remained the leader with trading volumes totaling $443.98 million, compared to Blur\’s $366 million.

Bitcoin Blockchain Minting NFTs

There is a recent buzz among crypto enthusiasts due to a novel application of the bitcoin blockchain for creating an NFT collection. Bitcoin Punks, a series of monkey-themed NFTs and a spin-off of the popular CryptoPunks collection, has garnered attention. According to some media reports, Bitcoin Punk NFTs made as much as 9.5 bitcoin, equivalent to roughly $205,000.

Play to Earn Games News

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NFT tools for Evaluation

Staying ahead in the NFT investing game is achievable through the use of NFT evaluation and rarity platforms. NFT evaluation and rarity platforms serve as the shovels to uncover the valuable NFTs, or the \’gold nuggets\’. These tools can assist you in discovering NFT rarity, exploring new NFT projects, monitoring whale wallets, making informed investment choices, and ultimately, becoming a critical component in your due diligence process.

As with any other trend in the crypto world, access to accurate information is crucial for investment success. Whether you are a newcomer or an experienced NFT collector, it\’s important to have analytical tools at your disposal to assess the rarity and supply of assets. After all, who wouldn\’t want to be in the right place at the right time to discover the next Bored Ape NFT?

Fortunately, several platforms have created tools to assist you in your endeavors. Some of these tools are available for free, while others offer enhanced features for subscribers. To help guide you, let\’s take a look at some of the top NFT analytical tools on the market.

Our personal favorites are DappRadar, Etherscan, and Omnimint.

OmniMint

OmniMint is a go-to platform for keeping tabs on upcoming NFT releases. Its user-friendly interface provides an instant overview of a project\’s social media presence, practical use, creators, and development plan. This comprehensive approach allows you to determine quickly if a project is a worthwhile investment opportunity.

In addition, you can access comprehensive insights into existing projects, including the minimum value, daily sales volume, holder demographics, and rarity rankings. You can also stay up-to-date on the latest NFT market news and trends. With this all-in-one tool, investors can track and target NFTs with greater precision.

The platform is available for free and accessible to all users, and with its upcoming enhancements, you\’ll have access to even more in-depth and precise information on every NFT project in the market.

DappRadar

Dappradar is a comprehensive analytical tool that is well-suited for both novice and seasoned NFT investors. The platform provides a ranked list of all existing decentralized applications (dapps) that is freely accessible, with a neatly organized display showcasing important categories such as Hot Topics, NFTs, DeFi, Exchanges, Games, and more.

With Dappradar, you can easily analyze, follow, and uncover new NFT projects and keep track of your assets using the Portfolio Tracker. The platform uses a set of criteria to evaluate projects based on factors such as liquidity, market capitalization, and pricing. The NFT Top Sales, Top Collections, Marketplaces, and New Projects sections provide you with up-to-date information on real-time trading volume and price movements in the market.

In addition to serving as an analytical tool, Dappradar also functions as a learning platform. It provides informative resources on fundamental crypto topics through its blog which features informative articles and the latest crypto news.

Rarity.Tools

Rarity.Tools is another platform that aggregates real-time data of all NFT art and collectibles. It is widely used by art collectors and creators, particularly in the generative art space.

Additionally, Rarity.Tools curates and ranks NFT art based on its rarity and gives priority to new projects. The platform has a visually appealing design, featuring an art market-inspired aesthetic. It sets it apart from other tools that have a more chart- and list-based structure. The landing page has a pleasing look and feel.

On the free version of Rarity.Tools, the NFT collection list is sorted by unique characteristics, market volume, and sale prices. You can click on any NFT to access more data and price charts. One unique feature of the platform is that new projects are listable with just a few simple steps.

Rarity.Tools is an excellent tool for tracking upcoming NFT projects and allows users to stay ahead of the curve by identifying NFT collections prior to their public sale or minting.

Etherscan

Etherscan is a powerful blockchain explorer that provides a window into the Ethereum blockchain. It also serves as a token tracker for Ethereum-based tokens. It offers access to all ERC-721 token contracts, as the ERC-721 standard is widely used to create NFTs on Ethereum. With over 21,669 ERC-721 compliant tokens currently recorded, the addition of the NFT toolset on Etherscan provides users with a comprehensive set of features for tracking the history of NFTs, searching for NFT minting, distribution, transfers, and prices, among other things.

This tool will help in providing analytics for other tools as well on Etherscan APIs. These analytics will provide a deeper understanding.

Play to Earn Games News

Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let\’s play and earn together!

"Battle of Guardians": A PvP Fighting Blockchain NFT Game that Will Break the Fighting Game Genre

“Battle of Guardians”: A PvP Fighting Blockchain NFT Game that Will Break the Fighting Game Genre

Welcome to another game review where we take a closer look at one of the most promising blockchain games, Battle of Guardians. “Battle of Guardians” is a first-of-its-kind PvP real-time online multiplayer fighting game. The game also offers PvE, Esports, and fighting tournaments. Battle of Guardians is more of a skill-based game than a “play-to-earn” game. The game is highly competitive, and skilled players are always on the prowl to beat opponents and earn rewards. So, enjoy this next-gen blockchain multiplayer NFT game where you train, fight, and earn.

Battle of Guardians uses the Unreal Engine and is powered by Solana Network. This game is a treat for fighting genre gamers who play games like Tekken, Mortal Kombat, Street Fighter, and more. However, the catch here is that “Battle of Guardians” offers several rewards to its players that have real-world value. So, the grinding and practicing in Battle of Guardians are worthwhile. Moreover, players engage in multi-dimensional, multi-realm battles in an expansive open world.

Battle of Guardians’ Lore

“Battle of Guardians” offers a mythological, fantasy setting where mankind lived with a higher being called the Guardians. These extraordinary creatures were a lot stronger, fiercer, and more ferocious than their counterparts. Moreover, their stature was massive, and the Guardians were godlike figures. Due to their astronomical superiority, the human race worshipped the Guardians and regarded them as higher deities.

However, the twist in the tale happened when humans gained prowess technologically. Humans grew apart from the Guardians as science, engineering, and technology advanced. Their reliance on Gods gradually waned, and these god-like figures were reduced to fables. This resulted in the Guardians receding into the unknown, leaving the humans independent and by themselves.

However, the peaceful era wasn’t for long, as mad curiosity made humans conduct an ominous experiment. The experiment opened a portal to hell, and all hell broke loose. All manner of demons and unearthly creatures began to descend upon Earth’s realm, invading and overwhelming Earth’s defense mechanism. The result was catastrophic, and human civilization was on the brink of extinction.

"Battle of Guardians": A PvP Fighting Blockchain NFT Game that Will Break the Fighting Game Genre
“Battle of Guardians”: A PvP Fighting Blockchain NFT Game that Will Break the Fighting Game Genre

Then began the reign of terror, darkness, and horror, and Hell was upon the residents of Earth. It seemed that it was the end, as humans were feeble and powerless. As soon as humans started to lose their remaining hope, the Guardians descended to protect them and undo the catastrophic mistake humans made.

Game Modes

The game offers three modes as of now:

Tournament Mode: Tournament mode allows plenty of players to take part in it, ranging from 8 to 16 or 32. These players are put into a bracket where 1v1 fights determine the winner. The tournament mode works on the knockout system.

PvP Mode: Then we have the PvP mode, which uses matchmaking ratings to match players with equal skill sets. This mode allows a 1v1 battle where the opponents are randomly selected.

Story and Training Mode: PvE mode helps players learn the basics of the game and also helps in updating levels. However, the fight against AI gets more difficult with every passing stage. This mode contains a total of 10 stages.

“Battle of Guardians” Characters

There are three main races in the game: Guardians, Humans, and Demons. Each race has unique attributes and features, making the game more interesting. One attribute counters another, and vice versa. Humans are more advanced in technology (intelligence); Guardians are super powerful (damage); and Demons have massive health pools (health points).

"Battle of Guardians": A PvP Fighting Blockchain NFT Game that Will Break the Fighting Game Genre
“Battle of Guardians”: A PvP Fighting Blockchain NFT Game that Will Break the Fighting Game Genre

The characters are based on three tiers:

  • Elite Fighter: Barebone characters
  • Legendary Warrior: Equipped with a combo
  • God of War (Ultra rare): Full set of combo and ultra skill level

Battle of Guardians Features

Battle of Guardians offers its own NFT marketplace where players can buy and sell NFT characters and in-game items, as well as rent them out.

The game uses Battle of Guardians Share ($BGS) and Fighting Points ($FP) as in-game currencies. Players will be able to use these currencies to buy NFT characters, in-game items, and stake. $BGS is also the game’s governance token.

The renting option in the game lets players earn passively by renting out their in-game assets to other players.

Finally, Battle of Guardians also offers a scholarship program, taking into account the popularity of guilds. Guilds and scholars will enter into an agreement prior to leasing NFTs where they will share the profit equally.

Check out our in-depth game review on Moonville Farming Simulation here. Moonvile Farms offers competitive play and earn farming with a lot of rewards. Do check out its review. Until next time.

 

PlayToEarnGames.com is a website where we keep an overview of all games in the genres of P2ENFTCryptoWeb3, and Blockchain games. Check out our games page or find a “play-to-earngames list here. More information about W3 Play can be found on our about us page. Our news is daily updated on all video games and game developers. Stay tuned.

What Are NFT Rewards? How to Earn Them

What Are NFT Rewards?

In this article, we’ll explain what NFTs are, how to earn them, the benefits of using them, and more! NFTs are digital collectibles that can be used to unlock rewards inside games or apps. They’re similar to virtual currency, but they have their own unique benefits. So, let’s dig a bit deeper into NFTs and try to understand them with a simple explanation.

What are NFTs?

NFTs is an abbreviation for “non-fungible tokens.” Here, the word “fungible” holds the key. Fungible means replaceable, so nonfungible means non-replaceable. So anything that is not replaceable in digital form is an NFT. Let’s understand what the concept behind replaceable and non-replaceable items is in the real world.

Let’s say that in the real world, we have different commodities that we use and borrow from one another. If someone lends you a dollar, you do not necessarily return the same dollar note. You can return a dollar in any form with any serial number behind it. The same goes with something like gold, wheat, or any other commodity that is replaceable with another of its kind.

On the contrary, we have non-replaceable assets as well, like the painting of the Mona Lisa. Take, for example, if the owner of the Mona Lisa art painting lends someone the real painting for the time being. He or she will not settle for any other Mona Lisa painting in return because it is unique and irreplaceable.

So, NFTs are digital art forms that are supported and powered by blockchain ledgers and traded in cryptocurrencies. The token part of NFTs is where the digital art form becomes a token via a contract on the blockchain. So, no two NFTs will ever be identical; each NFT has its own unique ID ingrained in the blockchain, which is verifiable. Upon buying an NFT, the purchaser or owner receives a code that allows the change of ownership as well as validation and verification.

What Are NFT Rewards? How to Earn Them, the Benefits of Using Them, and More!
What Are NFT Rewards? How to Earn Them, the Benefits of Using Them, and More!

Some Examples of NFTs

Let’s have a look at some examples of NFTs that took the internet by storm.

Twitter is a world-renowned social media platform. Have you ever wondered who sent the first tweet in history? And what was it? Jack Dorsey was the co-founder of Twitter, and his tweet is the first ever. Jack Dorsey sold the ownership rights to this tweet for almost $3 million. The first-ever tweet was turned into an NFT, and the ownership details and rights are available on the blockchain ledger.

Similarly, we have other examples of valuable NFTs like Nyan Cat, a JPEG, and many other in-game digital assets. These NFTs sold for a lot of money.

How do you earn NFTs?

NFTs are available in many forms nowadays. You can buy them directly from NFT marketplaces like OpenSea and several others. Moreover, they come in many shapes and forms, like in-game items in the shape of costumes, cosmetics, avatars, weapons, skins, etc. NFTs also come in digital certificates, music, video moments, etc.

You can also create your own NFT art and have it registered as yours on the blockchain. You can then sell your NFT on marketplaces, plus the royalty stays with you.

As for earning NFT rewards, several hundreds of NFT blockchain games are available in the market to play. You can earn NFT by completing quests, winning battles and tournaments, opening mystery boxes, getting early access passes, and more. You can also stake NFTs in games that allow staking. Some of the platforms that allow NFT staking are Splinterlands, Only1, and NFTX. Moreover, there are some games that allow yield farming, where you can harvest and win NFTs or tokens.

What Are NFT Rewards? How to Earn Them, the Benefits of Using Them, and More!
What Are NFT Rewards? How to Earn Them, the Benefits of Using Them, and More!

Why Should I care About NFTs?

NFTs are a fun way to earn digital assets that have real value attached to them. The Web3 domain is still in its infancy and will mature with every passing year. So, getting into NFTs early on isn’t a bad idea. Furthermore, many traditional gaming companies are entering Web-based NFT blockchain gaming with a play-and-earn business model. This model will allow gamers to own their in-game NFTs and later sell them in an open marketplace.

Additionally, NFTs bring added benefits like proof of ownership, authenticity on the blockchain, economic benefits, vertical growth mobility, and bragging rights.

Check out loads of NFT games by clicking here. Also know more about the basics of play to earn games here.

Stick with us for more on play-2-earn games and keep checking out our website for daily and weekly updates.

Welcome to this weekly roundup of crypto and blockchain gaming news. A lot has happened during the week, especially involving big blockchain gaming companies, but not necessarily in auspicious ways. But first..! W3 Play and PlayToEarnGames.com Submit New Games: I would like to ask all web3 and blockchain game developers to check if their games are on our websites. If not, do contact me. You only have to check this site since all of our sites use one database. Translations have begun, with four languages added so far: German, French, Spanish, and Portuguese. Features Community: we are starting phase 2 of our platform development, where we will focus on launching a community platform with a local focus. We are looking for partners that can offer interesting features to our gaming community. If you feel, you have something, contact me! Video Gaming Reviews: Our video editorial team has started their first video. Therefore, we are looking for video footage of games that are currently on our platform so we can add it to our YouTube channel, called Play To Earn Games. Click here to contact us about new games and promotions. So the news. Lets dive in, shall we? Let’s have a look at the top stories this week: Microsoft invests in a Korean blockchain game. Square Enix financial report and projection of blockchain technology. NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure. FIFA takes the leap toward blockchain games. Mythical Games cuts down on its staff. Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week, we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX. However, we also saw that cryptocurrencies have made rebounds this week, just as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as a peer-to-peer electronic transaction without any financial intermediation. And Ethereum remains the standout protocol to build decentralized applications. We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the game developer behind the popular MMO game series Mir. WeMade’s newest venture is in a blockchain company called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain. Moreover, the company also has an NFT auction site that allows NFTs and DAOs. Besides, WeMade's newest title, Mir4, is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the $46 million investment round. In other news, Square Enix's financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain, with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles. The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investments in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox. The blockchain gaming industry continues to thrive and attract investments, especially from Asian companies. NCSoft, South Korea’s gaming giant, invested $15 million in Mysten Labs as part of the previously announced $300 million funding round. Mysten Labs' ongoing project is Layer 1 blockchain development, which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof-of-stake blockchain. Its recent $300 million in fundraising was led by FTX Ventures. Other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures. Finally, FIFA's parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with four Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have input in between. Furthermore, AI-controlled players will earn four distinct collectibles. FIFA World Cup 2022 is the second game in the upland metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets that provide full ownership to players. The third game on Phygtl is the FIFA World Cup Qatar 2022. Phygtl is a mobile application for fan engagement. The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming. Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting, leading to the laying off of 10% of its employees. The company is valued at more than $270 million in venture capital; previously, it was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn. The company’s leading project in blockchain gaming is Blankos Block Party, which is suffering from a low daily active user count, leading to difficulty finding games for online players.

Mythical Games Cuts Down, FIFA In Blockchain, NCSoft Invests In Mysten Labs And More

Welcome to this weekly roundup of crypto and blockchain gaming news. A lot has happened during the week, especially involving big blockchain gaming companies, but not necessarily in auspicious ways. But first..!

W3 Play and PlayToEarnGames.com

Submit New Games: I would like to ask all web3 and blockchain game developers to check if their games are on our websites. If not, do contact me. You only have to check this site since all of our sites use one database. Translations have begun, with four languages added so far: German, French, Spanish, and Portuguese.

Features Community: we are starting phase 2 of our platform development, where we will focus on launching a community platform with a local focus. We are looking for partners that can offer interesting features to our gaming community. If you feel, you have something, contact me!

Video Gaming Reviews: Our video editorial team has started their first video. Therefore, we are looking for video footage of games that are currently on our platform so we can add it to our YouTube channel, called Play To Earn Games. Click here to contact us about new games and promotions.

So the news. Lets dive in, shall we?

Let’s have a look at the top stories this week:

  • Microsoft invests in a Korean blockchain game.
  • Square Enix financial report and projection of blockchain technology.
  • NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure.
  • FIFA takes the leap toward blockchain games.
  • Mythical Games cuts down on its staff.

Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week, we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX.

However, we also saw that cryptocurrencies have made rebounds this week, just as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as a peer-to-peer electronic transaction without any financial intermediation. And Ethereum remains the standout protocol to build decentralized applications.

We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the game developer behind the popular MMO game series Mir.

WeMade’s newest venture is in a blockchain company called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain.

Moreover, the company also has an NFT auction site that allows NFTs and DAOs. Besides, WeMade’s newest title, Mir4, is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the $46 million investment round.

In other news, Square Enix’s financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain, with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles.

The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investments in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox.

The blockchain gaming industry continues to thrive and attract investments, especially from Asian companies. NCSoft, South Korea’s gaming giant, invested $15 million in Mysten Labs as part of the previously announced $300 million funding round.

Mysten Labs’ ongoing project is Layer 1 blockchain development, which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof-of-stake blockchain. Its recent $300 million in fundraising was led by FTX Ventures. Other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures.

Finally, FIFA’s parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with four Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have input in between. Furthermore, AI-controlled players will earn four distinct collectibles.

FIFA World Cup 2022 is the second game in the upland metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets that provide full ownership to players.

The third game on Phygtl is the FIFA World Cup Qatar 2022. Phygtl is a mobile application for fan engagement.

The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming.

Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting, leading to the laying off of 10% of its employees.

The company is valued at more than $270 million in venture capital; previously, it was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn.

The company’s leading project in blockchain gaming is Blankos Block Party, which is suffering from a low daily active user count, leading to difficulty finding games for online players.