Huobi trials NFT marketplace to further GameFi and metaverse strategy
Huobi previously launched a $10-million fund to invest in projects focused on GameFi, a mix of gaming NFTs and DeFi.
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Huobi previously launched a $10-million fund to invest in projects focused on GameFi, a mix of gaming NFTs and DeFi.
“The potential blockchain gaming ecosystem will grow to be orders of magnitude larger than it is now, by the end of this decade," said Enjin chief technology officer Witek Radomski.
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The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem.
Epic Games is open to blockchain game developers, but the company has no NFT plans.
“Steam's point of view is that items have value and they don't allow items that can have real-world value on their platform,” claimed one game developer.
Following the competition, a replica of Carlsen's NFT trophy was auctioned off to a fan for 6.88 ETH.
The gaming industry is rapidly growing, and the emerging play-to-earn model coupled with blockchain and the Metaverse is the future.
Bitkraft’s new $75 million token fund has already closed investments in six different projects.
Axie Infinity's price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token.