The English Premier League has partnered with Sorare, the leading fantasy soccer game, to officially integrate licensed non-fungible tokens (NFTs) into its gaming player characters. Sorare grows continuously with its distinct blend of gaming and blockchain. Subsequently, the new deal with the premier league sets to take the firm to new higher levels. Notably, Premier… Continue reading Sorare Partners With The English Premier League To Release NFTs
Tag: NFT
Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?
Axie Infinity is beginning 2023 on the right track, as the play-to-earn (P2E) game’s active users recorded a 59% surge. Based on recent data, Axie Infinity’s sales volume also surged by a staggering 214% in January. The promising data now might mean that Play-to-Earn games may become popular again after a tragic drop in 2022.… Continue reading Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?
PetaRush Animal Racing Game Opens New Utility For NFT Collectors
PetaRush, an up-and-coming NFT racing game sold out all of its collectibles and launched a demo version while integrating different nonfungible token (NFT) IPs. Linking the gap between the NFT and blockchain gaming sectors has been a major challenge for crypto enthusiasts and developers alike. Large NFT collections aim to incorporate utility and bring advantages… Continue reading PetaRush Animal Racing Game Opens New Utility For NFT Collectors
Rekt Guy Launched Merchandise And Announced Competition Winners
Based on the usual information, things over at Rekt Guy are anything but dull, and the entire community is a proponent of that. The team started the week with a bang, announcing their new Rekt merchandise along with the winners of their competition. Here is what you need to know: Rekt Guy confirmed the launch… Continue reading Rekt Guy Launched Merchandise And Announced Competition Winners
Japan Updates Its NFT Taxation Rules And Guidelines
Japan’s National Tax Agency (NTA) confirmed that it has updated its official nonfungible token (NFT) taxation guidelines. For instance, NTA will calculate the cumulative income of a citizen’s currency at the end of every year so that they will only need to pay taxes once. Officials now hope that the change will encourage the traders… Continue reading Japan Updates Its NFT Taxation Rules And Guidelines
NFT Gaming Trends In 2023: Top Executives Expect More Big Players To Dive In
From more gaming firms joining in aiming to benefit from the relevance of popular concepts, different sector experts shared their insights on forthcoming NFT gaming trends. Despite the bullying that gamers exert on traditional gaming firms cautiously investing in nonfungible tokens (NFTs), the executives working within the NFT gaming sector are hopeful that more traditional… Continue reading NFT Gaming Trends In 2023: Top Executives Expect More Big Players To Dive In
NFT Sales Increased In The First Week Of January
January 2023 mini NFT Bull Run seems to have been confirmed, at least according to the sales story. As the market starts to recover from a severe 2022 second half, the 7-day volume of NFT sales in the first week of 2023 showed an uptick of 26%. The NFT sales volume for the past week… Continue reading NFT Sales Increased In The First Week Of January
Fanatics Offloads 60% Of Its Stake In NFT Company Candy Digital: Why?
Fanatics, a top sports merchandise brand, announced on January 5 that it is divesting its 60% stake in its nonfungible token (NFT) firm – Candy Digital. This radical decision comes through owing to the downturn of the sector in the bear market. The Michael Rubin-led firm held the most stake in the sports NFT platform.… Continue reading Fanatics Offloads 60% Of Its Stake In NFT Company Candy Digital: Why?
Magic Eden Refunded Users Impacted By Unverified NFT Bug
On January 5, top Solana nonfungible token (NFT) marketplace Magic Eden faced an issue where unverified NFTs were showing up as part of the verified NFT collections. The platform has since resolved the issue and says that nobody will be able to purchase any unverified NFTs anymore. Magic Eden has also sent refunds of the… Continue reading Magic Eden Refunded Users Impacted By Unverified NFT Bug
Why Mythical Games Is Taking 3 Ex-Employees To Court
Blockchain gaming behemoth Mythical Games, developers of the largely successful title Blankos Block Party, are now suing three of their top-level ex-employees. This lawsuit surrounds a controversy that claims the three executives raised $150 million to launch their product while still on Mythical Games’ payroll. The gaming firm called Fenix Games led and managed by… Continue reading Why Mythical Games Is Taking 3 Ex-Employees To Court