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Off The Grid gains competition with Moonray heading to PS5 in 2025
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@mus...ame
2024-10-23 20:58
Alright, Moonray Studios just dropped a bomb: their web3 Autobattler is hitting consoles – PlayStation 5, to be exact. Yeah, you heard me. They’re going full-on mainstream after getting Sony’s blessing. 2025 release? Sure, because who doesn’t love waiting over a year to see if a blockchain game can actually work on a console? 🙄 Currently, the game’s floating around on the Epic Games Store in its alpha version, so if you wanna get an early taste, go for it. But the real kicker? How exactly will the whole web3, NFT, blockchain magic even work on PS5? No one seems to know. Maybe they’ll figure that out later, no rush, right? And for those of you die-hard arena combat fans, Moonray’s got the usual suspects: 4v4, 1v1, deathmatch, all that good stuff. Grind the leaderboards to unlock some shiny skins and flex on the noobs. All of this sounds familiar, but hey, if they can make it feel different with some crypto twists, more power to them. Hans Andersson, their CBO, is hyped up, as expected. He’s hoping this game can inspire players and devs alike. A noble cause, Hans. Maybe in the process, they can also inspire people to figure out how to use blockchain on console, but that’s just me. TL;DR: Moonray is going for the big leagues, but let’s see if web3 gaming actually survives the transition to PS5 or if it’s just another buzzword-filled dream. Stay tuned for “more announcements in a few months.” In crypto time, that’s practically forever.
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How DePIN is disrupting Google, Amazon, and Nvidia
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@mus...ame
2024-10-23 20:57
So, the Bitcoin halving happened, and guess what? Miners are feeling the squeeze (again). Block rewards are chopped, transaction fees aren’t exactly saving the day, and suddenly, miners are in a bit of a pickle. The margins? Thin. Real thin. But hey, innovation in the crypto world is nothing if not relentless, and here we are, talking about how miners might just save the AI industry’s bacon. Enter Decentralized Physical Infrastructure Networks (DePIN). Yeah, fancy name for "let's turn your idle GPU power into a cash cow." Apparently, instead of letting all that juicy computational power sit around, Bitcoin miners can rent it out to AI developers. You know, those guys who can’t afford the insane prices that Big Cloud is throwing at them. It’s not just a theory either. Big boys like Core Scientific and Hut 8 are already getting in on the action, signing multimillion-dollar deals like it’s another day in the office. And now, miners could essentially become decentralized cloud computing providers. Move over AWS, Bitcoin’s taking your lunch money. The AI gold rush is real, and GPUs are the new toilet paper during a pandemic. So yeah, while Bitcoin miners were once the ones draining power grids, they might just pivot into AI's unsung heroes, slinging processing power for cheaper than any central cloud overlord. But hold on, it’s not all sunshine and rainbows. Miners are gonna need to figure out how to get those GPUs running smoothly for AI workloads, make sure the results don’t get tampered with, and keep up with this breakneck AI development pace. Otherwise, the whole "decentralization saving the world" narrative could hit a speed bump. Still, the potential here? Massive. Miners get a fresh revenue stream, AI gets cheaper and more accessible resources, and for once, the world of crypto might actually deliver on that promise to decentralize everything. Just don’t ask how long it’ll take to get there—we’re still waiting on some of those other crypto promises from, uh, years ago. TL;DR: Bitcoin miners are about to get cozy with AI, renting out their spare GPU power, and the whole thing could shake up both industries. Decentralization wins, again... probably. 
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Memecoins Surge as NFT Market Faces Liquidity Crisis
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@Cerenimo
2024-10-23 14:51
Recently, memecoins have seen a significant surge, with trading volume increasing fivefold to reach $16 billion, attracting retail investors. In contrast, Bitcoin and major cryptocurrencies are experiencing slower growth. While institutional investors gravitate towards larger cryptocurrencies, retail investors focus primarily on memecoins.Alvin Kan, COO of Bitget Wallet, noted that this rising interest in memecoins is negatively impacting the NFT market, which has seen a substantial drop in trading volume since February 2023. Many NFT projects, especially those led by major players like Yuga Labs, are facing a liquidity crisis. Kan emphasized that the NFT market is currently stagnant and needs new strategies to regain momentum.In 2024, memecoins are rapidly climbing, with trading volume jumping from $3 billion in 2023 to $16 billion. Experts suggest that the perception of memecoins as fairer investments has contributed to this rise, as they offer greater transparency compared to venture-backed tokens. Additionally, speculation about a potential resurgence in the NFT market is brewing, with Yuga Labs launching the ApeChain blockchain and the APE token gaining over 100% in value.To overcome the liquidity crisis, the NFT market must adopt innovative strategies and rebuild its momentum, as memecoins continue to dominate trading volumes and capture a significant share of the altcoin market.
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Pixel Vault integrates Horizen’s zkVerify for provably fair random functions
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@mus...ame
2024-10-22 21:02
Oh, look at that, folks. The future of gaming randomness just got an upgrade, and no, it's not another "trust me, bro" moment. Horizen Labs and Pixel Vault are teaming up to sprinkle some zero-knowledge proof magic dust with zkVerify. Because, apparently, traditional RNG wasn't sketchy enough? Enter Verifiable Random Functions (VRF) — fancy cryptographic tools that promise to make sure no one’s stacking the deck behind the scenes. You want those random dungeon layouts? Better believe they're as random as the devs say... now you can prove it. Pixel Vault is rolling out this randomness upgrade in Play Battle Plan. So when you’re getting wrecked in matchmaking or missing that crit chance, just remember: it’s all random and fair now! No more blaming the devs for your bad luck, only the unforgiving gods of blockchain math. Honestly, it's about time we brought in some zk-tech to keep things legit in web3 gaming. VRFs will make sure that NPCs, dungeons, decks, and even those epic loot drops are beyond manipulation. It’s like putting RNG on the blockchain, where everything is transparent and no one can fudge the numbers. Perfect for us tinfoil hat wearers. So yeah, looks like we’re heading toward a world where even your deck shuffles are cryptographically certified. You win a battle? Pure, tamper-proof luck. You lose? Well, maybe just git gud. Keep calm and HODL those random crits, fam.
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Web3 shooter Paravox launches $130,000 esports tournament with LATAM event
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@mus...ame
2024-10-22 21:01
Well, folks, it looks like 81Ravens is trying to keep us glued to our screens again. This time, they’re throwing $130,000 into the pot for a casual little Latin American Paravox shootout. The tournament kicks off on November 17 with an Open Qualifier, which means anyone with a mouse, keyboard, and a dream can sign up. You’ll be rubbing elbows (or at least crosshairs) with teams from Japan, SEA, and LATAM. But don’t get too comfy, because only two teams from the Qualifier get the golden ticket to join the real pros – the invited LATAM elite teams like LOUD, MIBR, w7m esports, and RED Canids Kalunga. What’s on the line? Other than esports clout, there’s a trip to Japan for the big showdown on December 21-22. Oh, and don't forget – 81Ravens is dropping exclusive team skins, so if you're into flexing your wallet on pixelated outfits, this is your moment. Paravox, which is out in open alpha on Epic Games Store and Steam, lets you buy, sell, and trade skins like the true digital trader you are. OAS or PVX tokens, naturally. So, if you’re feeling lucky (or just really good with a sniper), start grinding those weapon stats. Your kill count might just land you a plane ticket to Tokyo and a piece of that sweet prize pool. TL;DR: Get good, get noticed, and maybe go to Japan. Or just buy some skins and look cool while losing."
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$DOG Plushies Are Here! Blurring the Line Between Digital and Physical Collectibles
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@bab...com
2024-10-22 17:38
Alright fam, this one’s for all the $DOG hodlers and NFT lovers out there—limited-edition $DOG plushies have just launched, and they’re doing more than just sitting on your shelf. These plushies are the latest example of how digital and physical collectibles are merging into something seriously cool. It’s not just about owning an NFT anymore; now, you can flex your digital assets IRL with these exclusive plushies tied to the $DOG community. 1. Digital Meets PhysicalThis isn’t just a cute toy—it’s a bridge between the digital and physical world of collectibles. Owning one of these plushies gets you more than just a spot on your bed; it connects you to the $DOG NFT ecosystem. Think of it like holding a rare NFT, but in the form of something you can actually touch and display IRL. With NFTs expanding into new realms, this could be the start of more digital-to-physical crossover products, which is super exciting for collectors. 2. $DOG Community FlexLet’s be real, if you’re part of the $DOG community, this is the ultimate flex. It’s not just about holding $DOG tokens or NFTs anymore—it’s about owning something tangible that symbolizes your involvement. Whether you’re repping $DOG at home or online, these plushies are a unique way to show your loyalty and get others curious about what the $DOG movement is all about. 3. Scarcity MattersThese plushies are limited-edition, so if you’re thinking of grabbing one, act fast. Scarcity has always driven value in the NFT space, and this launch is no different. Once they’re gone, they’re gone, which could make these collectibles even more valuable over time, especially as more people look to flex both digitally and physically. 4. A Glimpse of What’s to Come?This plushie launch could be a sneak peek into the future of digital-physical crossovers. More projects could follow suit, creating tangible items tied to NFTs or tokens, which could appeal to a broader audience. Imagine more communities creating physical goods that have digital counterparts—this could totally revolutionize how we think about collectibles. 5. Will This Set a New Trend?NFTs and digital assets are evolving fast, and this limited-edition $DOG plushie might just kickstart a new trend of hybrid collectibles. As collectors, we all know the importance of scarcity, utility, and hype—this launch ticks all those boxes. It’s a smart move that could inspire other NFT communities to offer real-world items linked to their digital assets. My Take: I’m all about the hybrid approach to collectibles. The $DOG plushies are a perfect example of how digital assets can blend with physical ones to create something even more valuable and fun. These plushies aren’t just a novelty—they’re part of the next wave of collectibles where IRL meets URL. I’m curious to see where this goes, and I wouldn’t be surprised if other projects start following this model. What do you all think? Is this the future of collectibles, or just a fun side hustle for the $DOG community? Let’s discuss!
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Breaking the Bank: The Most Expensive NFTs Ever Sold and Their Market Impact
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@bab...com
2024-10-22 17:36
The NFT market has seen some jaw-dropping sales over the past few years, with certain pieces selling for millions. These record-breaking NFT sales have not only made headlines but also changed the game for digital artists, collectors, and investors alike. Whether you’re a seasoned collector or just dipping your toes into NFTs, these sales are a reminder of the crazy potential (and risk) of the NFT space. Let’s take a look at some of the biggest sales in NFT history and what they mean for the future of the market. 1. Beeple’s “Everydays: The First 5000 Days” ($69.3M)No surprise here—Beeple’s Everydays NFT sale at Christie’s is still one of the most iconic moments in the NFT world. It not only introduced mainstream audiences to NFTs but also cemented Beeple as a digital art legend. This sale marked the moment NFTs became serious business, proving that digital art can command prices that rival traditional art masterpieces. 2. CryptoPunk #5822 ($23.7M)The CryptoPunk craze has been a wild ride, and this particular alien punk took things to a whole new level. Selling for $23.7 million, CryptoPunk #5822 is a perfect example of how rare traits within a collection can drive insane demand. CryptoPunks have become a symbol of NFT OG status, and with prices like this, it's clear that they're more than just pixel art—they’re status symbols in the digital world. 3. Beeple’s “Human One” ($28.9M)Beeple strikes again with Human One, a dynamic, futuristic sculpture that exists both in physical form and as an NFT. Selling for nearly $29 million, this piece showed that NFTs can go beyond static digital art—they can merge physical and digital experiences. It’s another milestone that expands what’s possible in the NFT space and brings new forms of creativity into the fold. 4. Clock by Pak ($52.7M)Created by renowned digital artist Pak, Clock was sold for over $52 million to support Julian Assange’s legal defense. The piece isn’t just a static artwork—it’s an evolving project that tracks the number of days Assange has been imprisoned. This sale shows how NFTs can be used for activism and community-driven causes, expanding their role beyond art and collectibles. 5. XCOPY’s “Right-Click and Save As Guy” ($7.09M)XCOPY’s satirical take on the "right-click, save-as" debate surrounding NFTs has become an iconic part of the conversation. Selling for over $7 million, this piece underscores the cultural significance of NFTs and the irony that digital ownership is all about proof on the blockchain. It’s both a meme and a masterpiece, representing the spirit of the crypto world. 6. Market ImpactThese sales have had a huge impact on the perception of NFTs. They’ve legitimized digital art as a serious investment and brought traditional art collectors into the Web3 space. With big auction houses like Christie’s and Sotheby’s embracing NFTs, the lines between traditional and digital art are blurring. However, the high prices also raise questions about speculation and the sustainability of the market.
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Immutable X: Pioneering Layer 2 Protocol for NFTs on Ethereum
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@Cerenimo
2024-10-22 15:12
Immutable X is touted as the first Layer 2 protocol on Ethereum focused on NFTs, offering zero transaction fees, instant transactions, and a secure platform. It is an open-source protocol that enables users to build decentralized applications, including marketplaces and games, boasting 600 times more transactions per second (TPS) than other Ethereum-based NFT markets.While referred to as an "exchange," Immutable X Exchange is actually the marketplace of the platform. With a capacity of 9,000 TPS and zero transaction fees, the platform ensures a seamless experience for gamers, as even slight delays can negatively impact their performance. Users can create and deploy NFTs on a large scale, with newly minted NFTs instantly available for trading while maintaining Ethereum’s security.The native utility token, IMX, is an ERC-20 token designed to drive platform growth through rewards for participation and protocol adoption. With a total supply of 2 billion tokens, IMX also grants users voting power on the platform's future direction, although the core team retains final decision-making authority.IMX can be safely traded on Binance, the world's largest cryptocurrency exchange by trading volume, through pairs like IMX/BTC, IMX/USDT, and IMX/BUSD. To purchase IMX, users must join Binance, transfer funds to their Binance wallet, and complete the transaction using the desired trading pair. 
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Vitalik Buterin lays down roadmap to minimize centralization risk in Ethereum POS design
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@mus...ame
2024-10-21 21:20
Ah, here we go again—Vitalik Buterin, dropping truth bombs like it’s another day at the Ethereum mines. In his latest “you should probably be worried” moment, Vitalik’s talking about the centralization problem in Proof-of-Stake (PoS) like it's that leaky faucet everyone has been ignoring. Apparently, when large stakers gang up in pools, they end up running the show, while us small fry just get to watch from the sidelines, hoping our breadcrumbs of ETH will make a difference. The issue? Centralization is turning Ethereum into a playground for the big boys, with potential 51% attacks and transaction censorship lurking around the corner. Oh, and don’t forget value extraction—because, of course, the rich getting richer is a universal law, even in decentralized finance. Vitalik points to the fact that block builders—those folks actually putting together transactions—are becoming, well, the overlords of the network. Just two of them control 88% of Ethereum blocks. So if they decide your transaction isn’t cool enough, you’ll be waiting in the lobby for 114 seconds instead of the usual 6. Not a big deal if you’re just moving some tokens around, but when your DeFi liquidation is about to hit… let’s just say you’ll wish you staked more ETH. The fix? Naturally, Vitalik’s got some ideas—like sending transaction selection back to the validators (you know, the ones who aren’t in the “builder’s club”) and using inclusion lists to make sure builders don’t totally ghost your transactions. He’s also vibing with something called BRAID, which spreads out the block production so it’s not just two giga-whales running the whole show. And of course, there’s talk of encrypted mempools, where builders won’t even know what they’re putting into blocks until later, because who doesn’t love a good blindfolded guessing game with your ETH? The catch? The whole design depends on decryption methods that need to be foolproof, which sounds about as fun as trusting a Piñata full of live bees. So yeah, Ethereum's on the brink of turning into a centralization problem again, but hey, at least we’ve got Vitalik keeping it real. Decentralization is a long game, and we’re just here playing by whale rules for now. Enjoy your 114 seconds, everyone.
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Blockchain game investments down 31% in 2024
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@mus...ame
2024-10-21 21:18
Ah, blockchain gaming, where we’re still clinging to the hope of a moonshot, but it seems like the rocket might be running out of fuel. Q3 of 2024 is in, and the numbers are... let’s say “consistent” (if you squint really hard). Investments are up 34% from last year, so that’s nice, right? Well, hold your applause because, uh, we went from 71 deals in Q2 to a "solid" 36 in Q3. That's like saying the market is fine while sitting on a sinking ship—steer into the iceberg! Now, let’s talk funding. Q1 saw a decent $324M, Q2 dropped to $296M, and Q3? A spicy $128M. At this rate, we're definitely on track to break the $1B mark for the year. Well, maybe... if Q4 decides to be the hero we don’t deserve. For context: 2023 pulled in $1.5B, and 2022 flexed with a casual $5.3B. So yeah, it’s safe to say we're officially in the “dollar-store clearance” era of blockchain gaming funding. But wait, there's good news (I guess)! NPC Labs bagged $18M to fund some gaming L3 chain no one’s heard of, but hey, at least Pantera’s still opening their wallet. Gameplay Galaxy scraped together $11M, adding to their $24M pot for a web3 sports game that, I’m sure, someone is playing. And let’s not forget Double Jump Tokyo rounding out the “massive” deals with a cool $10M. All this to say, the gaming blockchain funding might hit a billion if we cross our fingers and hold our breath. At least Azra Games is kicking off Q4 with a $42.7M raise, so maybe the fourth quarter will throw us a lifeline? Or, you know, we just enjoy the ride down. Stay tuned. Or don’t. Either way, the games are still loading… eventually.
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