GameFi (11)

In the realm of blockchain gaming, The Sandbox emerges as an enchanting metaverse, adding a touch of magic to the world of play and creation. Evolving from mobile gaming sensations like The Sandbox (2011) and The Sandbox Evolution (2016), the platform made a leap to blockchain-based gaming in 2018, aiming to disrupt giants like Minecraft and Roblox. Here, gamers have absolute ownership over their in-game assets through , transforming regular gameplay into a experience.

Crypto phones  first appeared in 2018. They're smartphones equipped with Web3 connectivity, simplifying access to the decentralized web. Despite recent improvements, mobile Web3 apps can still be less user-friendly than desktop versions, challenging blockchain interactions on smartphones.

Introduction Cryptocurrency faucets serve as virtual gateways into the captivating realm of digital currencies, granting users small amounts of cryptocurrency as rewards for accomplishing simple tasks.

Are you confident you've caught up with all the trendy crypto buzzwords? Don't forget to add the SUI Network to your list. SUI is a permissionless Layer 1 blockchain that adopts a unique object-oriented data model and purpose-built programming language, Move, to support true digital asset ownership. While Solana primarily concentrates on , SUI takes a different approach, aiming to excel in decentralized applications (DApps) and non-fungible tokens (NFTs). That's why SUI has been dubbed the "The Solana Killer" by .

From polished projects like Illuvium to the highly anticipated launch of Ember Sword , many top GameFi projects have been silently working away at improving their games behind the scenes. This includes the likes of Big Time — a free-to-play Web3 massively multiplayer online role-playing game (MMORPG) that's set to reignite the scene with its low barrier to entry and fun gameplay that might stand out from the competition.

A powerful force is emerging in the gaming world — one that's poised to revolutionize how we play and experience games. Meet Fusionist, an innovative company that has secured substantial funding and is rapidly becoming a prominent player in the Web3 gaming domain.

Without a doubt, one of the biggest trends in the cryptocurrency industry throughout 2021 has been nonfungible tokens. Prices of blockchain-based collectibles, artwork, GameFi assets and other virtual items have gone through the roof — leaving many on the sidelines scratching their heads. In this OKX Insights in-depth examination, we look closely at the NFT phenomenon and the value propositions of the most successful collections. 

With a total market cap of more than $19 billion , GameFi and blockchain gaming seems to be making a comeback in the crypto scene as it once again seeks to disrupt the $175 billion global video games market. Titles like Axie Infinity and its more than $1 billion in total in-game asset sales have piqued the traditional gaming industry’s interest. So much so, we’re now seeing giants like and the GameFi sector.

Despite a brief period of waning interest as cryptocurrency prices pulled back from all-time highs set earlier this year, the nonfungible token market is red hot. Digital artists, musicians, and game developers are rapidly reimagining the relationship between creators and consumers using NFTs. Although the sector is increasingly varied, one niche finds itself at the center of this renewed wave of interest: profile-picture NFTs.

Just as Jules Verne imagined the moon landings more than a century before Apollo 11 made its historic touchdown and HG Wells foresaw the atomic bomb decades ahead of its real-world creation, technological progress often turns science fiction into science fact. The number of online virtual worlds launched over the last decade suggests we're closer than ever to another once-far-fetched idea escaping the pages of literature to become a reality. The so-called “metaverse” may soon be upon us, and with it'll arrive new forms of social interaction, economic possibilities, online experiences, and creative avenues.

Enjin is a blockchain project based on the Ethereum network. It started in 2017 as a platform to bridge the gap between games and blockchain technology, such as NFTs. It allowed game developers to cre