Games
Experience-to-earn is the gateway for NFT mainstream adoption
An experience-to-earn (E2E) nonfungible token (NFT) ecosystem rewards people on-chain for doing everyday activities, bringing new forms of value creation to everyone. This was previously reserved for invested gamers in play-to-earn (P2E) worlds. While P2E has experienced a record-breaking year ($4.5 billion in-game NFT sales, according to the recent DappRadar report), most blockchain games still rely on some level of skill such as battling, breeding or collecting strategy that attracts gamers with the downtime, temerity and sometimes some starting funds to invest — prerequisites that can put off any non-gamer from entering NFTs to earn. In contrast, experience-to-earn aims to reward more achievable investment people put in themselves, others and the good into the world, expanding the poten...
NFT sales and blockchain games continue to grow despite the recent market slump: Report
January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin (BTC) and other cryptocurrencies. Some have attributed the slump to recent federal intentions to introduce new rate hikes, and the political turmoil in Kazakhstan, which significantly lowered the hash rate of Bitcoin. On Jan. 14, the price of Bitcoin dipped below $42,000 as traders continued to hold out hope for bullish signals. Nonfungible token (NFT) trading and blockchain games, on the other hand, seem to have resisted the dip. According to reports from DappRadar, NFT transactions continued to increase amid declining crypto prices. The report stated that “the number of UAW connected to Ethereum NFT DApps grew by 43% since Q3 2021.” Numbers fr...
Going meta: Disney, Second Life and K-pop
Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer. Visit Disneyland… in the Metaverse? The entertainment company behind some of the most popular theme parks in the world recently had a patent approved for a “virtual-world simulator in a real-world venue.” Though the Los Angeles Times reported that Disney had “no current plans” to use the simulator in the near future, the application does suggest Disneyland and Disney World guests may eventually see Metaverse attractions at one or more of the parks in the United States, Hong Kong, China, France and Japan. Disney World in Or...
Sega will likely not introduce NFTs for play-to-earn if ‘perceived as simple money-making’
The leadership at video game firm Sega Corporation’s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users. In a Dec. 14 meeting of Sega Sammy Holdings’ CEO Haruki Satomi, senior executive vice president Koichi Fukazawa, and Sega Corporation president Yukio Sugino, the trio said they needed to “carefully assess” how to potentially introduce nonfungible tokens, or NFTs, into Sega titles to “mitigate the negative elements” and work within Japanese regulations. The executives cited “negative reactions” from users overseas rewarded in NFTs for gameplay. “In terms of NFT, we would like to try out various experiments and we have already started many different studies and considerations but nothing is decided at this poin...
5 cryptocurrency projects that made waves in 2021
2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parabolic rally which saw its price gain 565% from Jan. 1 to hit a record high at $4,859 on Nov. 10. While it was a banner year for large cap cryptocurrencies, some of the biggest gains and most impactful developments came from the altcoin market where decentralized finance (DeFi) and nonfungible tokens (NFTs) rallied by thousands of percent and helped to usher in a new level of awareness and adoption for blockchain technology and cryptocurrencies. Here’s a look at five altcoin projects that made significant contributions to the cryptocurrency ecosystem in 2021. Un...
NFT-collateralized loan platform Arcade raises $15M in funding round
Arcade, a platform that allows users to utilize nonfungible tokens (NFTs) as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. In a Wednesday announcement, Arcade said Pantera, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital and Lemniscap in addition to angel investors BlockFi CEO Zac Prince and Quantstamp CEO Richard Ma were behind the investment in an effort to connect NFT-collateralized lending with the decentralized finance space. The platform is also coming out of a private release with $3.3 million in total loan volume secured on a total of $10 million in assets. Arcade co-founder Gabe Frank said NFTs account for a significant portio...
Luke Shaw hits back at Jose Mourinho in Rome as England roll on
At Jose Mourinho’s new home, the Stadio Olimpico, Luke Shaw, chose the perfect setting for his latest riposte to his former boss with two assists in England’s 4-0 thrashing of Ukraine to reach the Euro 2020 semi-finals. Shaw suffered at the hands of Mourinho for three seasons at Manchester United, a string of public criticism not a patch on what was said behind closed doors, the 25-year-old admitted this week. Mourinho’s arrival at Old Trafford came hot on the heels of a horrible double leg fracture Shaw suffered in September 2015. The former Southampton defender revealed in 2018 there had even been fears his right leg would have to be amputated because of blood clots that required emergency surgery. His career never got back on track during Mourinho’s tempestuous time at United, where he ...
Fuji legend Wasiu Ayinde undergoes surgery
Nigeria’s Fuji legend, Wasiu Ayinde Marshal, popularly known as K1 De Ultimate, has undergone minor surgery for an undisclosed illness. Canada-based show promoter, Bolaji Saheed Basia who is also a close friend of the singer shared his pictures on a hospital bed on Saturday night. “Minor surgery though but I still give thanks to almighty God for the success,” the entertainment and hospitality businessman wrote on Instagram. Bolaji and K1 have been friends for four decades from their days in Agarawu, Lagos Island. The Fuji king had joined others for an exclusive birthday celebration for his friend on June 25. Last year, Basia stated in a Facebook and Instagram post that the singer surprised him when he paid for a land he bought. “I called the agent when I didn’t hear from the owner again. H...
Coronavirus figures mount in Tokyo ahead of Olympics
The July 23 commencement date for the summer Olympics in Tokyo, Japan, is under increasing threats from a steady rise in daily cases of the coronavirus in the city. The recent spike has also triggered fears of a possible fifth wave of infections, which will not be ideal for the Games. Coming this close to the opening of the Games, there are palpable concerns raised for many athletes who will be contesting for honours in the Asian city and their crew members who will be with them all the way. On Monday alone, Tokyo reported 317 infections, a figure that represents an increase of 81 from the same account of the week before. The increment marks the ninth week-on-week, consecutive same-day rise in infection rates in a row even with the availability of vaccines. There has also been evidence to ...
Tokyo Olympics: Nigeria relay teams should go for broke at Lagos meet – AFN official
The chairman of the Lagos State Athletics Association, Solomon Alao, has charged the Nigeria Relay teams to go all out and get the required qualification standard for the Tokyo 2020 Olympic Games. Alao, the member of the newly constituted Athletics Federation of Nigeria (AFN) board, said the athletes have what it takes to qualify and should give it their all on Thursday at the Lagos Open Athletics Meet billed for the Teslim Balogun Stadium. “They should all go out and get the needed times because we are all looking forward to them getting the time for the Olympics,” the Lagos State Athletics boss told journalists. “I want to appreciate the Lagos State Government led by his Excellency, Babajide Sanwoolu, for supporting the AFN in hosting the countries in Nigeria for the relays. “The most im...
Euro 2020: France avoid major upset in draw vs Hungary
France were forced to wait to secure qualification for the knockout stages of the Euros after they were held by a resilient Hungary to a 1-1 draw in front of a capacity crowd at the Puskas Arena in Budapest. Meeting in scorching sunshine in front of more than 60,000 fans, Hungary stunned the world champions by taking a shock lead through Attila Fiola when he burst clear to finish calmly beyond Hugo Lloris in first-half injury time. France were rocked heading into the break but equalize through Antoine Griezmann in the 66th minute following some route-one football from goalkeeper Lloris and clever hold-up play by Kylian Mbappe. France pressed strongly in the closing stages but failed to get the breakthrough as a raucous crowd in Budapest celebrated as if their team had won. The result puts ...
Euro 2020: Kieran Tierney ‘fit and available’ for England clash – Scotland boss
Scotland boss Steve Clarke has confirmed that Kieran Tierney is “fit and available” for their Euro 2020 clash with England. Tierney was forced to miss Scotland’s Group D opener against the Czech Republic after picking up a knock in training. The Arsenal defender saw his country suffer a damaging 2-0 loss in his absence, but Clarke is ready to welcome him back into the fold for their vital meeting with the Three Lions at Wembley on Friday. Asked for an update on Tierney’s condition at a pre-match press conference, the Scotland head coach told reporters: “Everybody fit and available, including Kieran. “It’s good news for Kieran, it’s good news for us, it’s good news for the Scottish supporters, so hopefully we can back all that up with a good result. “He’s trained fully the last two days, so...
