Insights (33)

Examining the news, the trends and the importance of being idle (or not) in the GameFi sectorOver the past year, GameFi has increased in popularity following the breakout of high-profile blockchain-based game Axie Infinity — causing gamers around the world to ask whether or not they can get paid to play

An overview of crypto market highlights and key numbers at OKX in 2021For the cryptocurrency space, 2021 was a year unlike any other. Bitcoin started the year strong and went on to set six new all-time highs in twelve months — growing nearly 150% between the year’s lowest and highest price points.Bitcoin’s

An in-depth consideration of Ethereum’s position as the dominant smart contract network (and how its scaling woes may threaten it) Beyond metaverse mania and NFT madness, one of 2021’s dominant themes has been the so-called Layer-1 wars. Where once Ethereum enjoyed unparalleled network effects that positioned

An interview with Animoca Brands’ executive chair on the evolution of the metaverse and how Web 3.0 tech can help empower its usersWith Facebook rebranding to Meta, Nike acquiring virtual sneaker brand RTFKT and Snoop Dogg building the “Snoopverse” in The Sandbox, the concept of the

With regulators already eyeing privacy-enhancing tools, is Taproot really that bullish for BTC?Bitcoin’s first upgrade in more than four years is now live on the network. The long-awaited Taproot soft fork activated at block height 709,632, which was mined on Nov. 14, 2021. The upgrade has been

A deep dive into decentralized autonomous organizations and their promise to dismantle traditional governance structuresDecentralized autonomous organizations are fast becoming the favored governance model of the crypto-native. From decentralized-finance protocols to collectors of digital artwork and

An in-depth look into the recent NFT mania, asking what gives a project the highest chance to achieve long-term successWithout 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

An introduction to some of today’s leading blockchain games offering play-to-earn functionalityWith the continued development of blockchain technology and nonfungible tokens, GameFi is rapidly evolving out of the proof-of-concept phase and into prime time. While the earliest blockchain games struggled

An in-depth look at the rise of profile-picture NFTs, their value beyond speculation and the risks they pose to investorsDespite 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,

An in-depth look at NFT distribution models, their shortcomings and potential solutionsBitcoin’s bounce from $30,000 and Ethereum’s London upgrade have both helped improve market sentiment, and while the wider cryptocurrency market remains roughly $900 billion below its recent market capitalization

An in-depth look at the evolution of shared virtual spaces and how cryptocurrency can enable freer, more open metaverse experiencesJust 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

Alchemix founder Scoopy Trooples told OKX Insights that the protocol will adopt “a much more rigorous and cautious approach” — DeFi DigestThis past week, the decentralized finance sector suffered amid a broader cryptocurrency market sell-off. The total value locked in DeFi protocols dropped

DeFi blue chips have shown excellent fundamentals and are on their way to compete against traditional assets and opportunities.The cryptocurrency market has experienced a sharp correction over the past two months, with BTC losing half of its value at one point. The NUPL ratio — i.e., the net unrealized

CryptoPunk 7523 has become the most expensive in the famous collection of pixel-art portraits — NFT SnapshotIn June, the nonfungible token market continued to recede as total monthly NFT sales plunged by more than 50%. Despite the drop, auction house Sotheby’s continues to show interest in NFTs

OKX Insights takes a deep dive into the rise of meme coins to examine their impact on the cryptocurrency ecosystem. In Q2 2021, the rise of meme coins put cryptocurrencies deeper into the mainstream consciousness than ever before. Dogecoin, one of the earliest meme coins, gained tremendous popularity

The NFT market has regained some momentum following the launch of Meebits and Uniswap V3. The NFT market has seen a significant uptick in the last week as NFT enthusiasts get busy again. Much of this can be attributed to the launch of Larva Lab’s third project, Meebits. Beyond crypto artwork, Uniswap

Fei Protocol attracted billions in liquidity during its genesis event. However, traders cannot sell their FEI for profits.The decentralized finance ecosystem grew modestly this week as BTC reached a new all-time high. The total value locked in DeFi protocols stands at $53 billion, as of the time of this

Mainstream media entered the NFT space as a top artist cashed out, making for a strange week and an overall decline in trading volumes for top collections. NFTs continue to go mainstream this week after New York Times columnist Kevin Roose’s NFT ultimately sold for 350 ETH, or about $560,000, on

An in-depth analysis of the early NFT project CryptoPunks and the contexts surrounding recent six-figure sales. This month, NFT mania brought cryptocurrency closer to the mainstream than ever before. Of the many headline-grabbing events, multiple CryptoPunks sales of $1 million (or more) raised eyebrows.

An introduction to the top projects leading the way in NFT collectibles, games, marketplaces, art and domain namesNonfungible tokens are digital representations of assets that are not interchangeable for another. While they’ve been around since mid-2017, NFTs gained renewed traction among the wider