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It’s no secret that traditional gamers harbor a strong sense of disdain for crypto and non-fungible tokens (NFTs) in their games. The reason for this is clear, says Atari founder Nolan Bushnell, it all started with the insane rise of play-to-earn games.“I can tell you clearly where this disdain for
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two projects have caught the attention of investors and enthusiasts alike: Axie Infinity and Alex The Doge. Both platforms are revolutionizing the gaming industry by introducing play-to-earn mechanics and creating immersive metaverse experiences. While Axie Infinity has gained
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PancakeSwap launched the play-to-earn game “Pancake Protectors,” integrating their native token CAKE and offering rewards up to 10,000 CAKE for top-ranked players. On May 29th, PancakeSwap, the decentralized exchange (DEX) operating under the automated market maker (AMM) model, announced the launch of the play-to-earn (P2E) game “Pancake Protectors”, powered by GameFi
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Recent leaks suggest that the upcoming GTA 6 video game could adopt play-to-earn gaming mechanics that see gamers earn crypto in real life. According to reports, Grand Theft Auto (GTA) 6 could adopt a play-to-earn gaming and business model. Yesterday, a tweet hinted at this development, as the successful gaming franchise is
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press release PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023,
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Unlocks are widely considered bearish catalysts. That's because holders benefiting from the unlock have the new ability to sell their coins, potentially adding to the supply in the market. It's common for early stage projects to lock tokens to prevent big holders, typically early investors or project team members, from
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The blockchain gaming market has grown rapidly. The Polaris Market Research Blockchain Gaming Report shows that the total transaction volume for blockchain games reached $5.41 billion in 2022 and is expected to grow at a CAGR of 68.9% during their forecast period. According to DappRadar x BGA Games Report 2022,
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The Play-to-Earn (P2E) business model may not be dead, but game publishers and developers are exploring alternatives to replace it, according to a panel at the NFT.NYC 2023. Cryptox team was on the ground in New York to bring exclusive insights from the NFT event. According to the CEO of gaming
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The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals are introducing victims to this kind of game and then use malware to extract the funds from
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As a part of the game release, the company is introducing its Gaming Graph, a feature that allows users to connect to their profiles on decentralized social network Nostr. Users can then earn “badges” for their gameplay milestones, linking them to their Nostr profiles to help build out their gaming
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