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Krafton, which is a colossus in the field of iGaming in South Korea, is entering the NFT-incorporated iGaming sector with its own game, Overdare. Initially, the game was named Project Migaloo, and plans are afoot to introduce the game towards the end of the year. The entirety of the delivery will occur between January and July of 2024. Most notably, Krafton has unveiled Settlus, a blockchain technology built particularly for Overdare. The platform is often compared to Roblox and will get boosted by Epic Games’ Unreal Engine 5. Krafton is known for its achievement, PUBG. Overdare is established to provide…
The intersection between Non-Fungible Tokens (NFTs) with the worlds of advertising technology (adtech) and digital art is changing how we view and interact with digital material. NFTs have grown in popularity, capturing the attention of artists, advertisers, and collectors alike. Understanding Non-Financial Transactions Non-fungible Tokens (NFTs) are indivisible and irreplaceable digital assets. Unlike fungible and interchangeable cryptocurrencies such as Bitcoin or Ethereum, each NFT has a unique value and ownership record maintained on a blockchain. NFTs are perfect for demonstrating ownership and provenance in the digital environment due to their uniqueness and immutability. The NFT Expansion The NFT market has…
In a move marked by precaution, the creators of the upcoming blockchain game Shrapnel have decided to implement a limitation for its player base in the United States. This AAA first-person extraction shooter game is expected to be released in early access this December. Players worldwide, notably in Europe and Asia, will enjoy unrestricted access. However, the American audience will face a restriction for now: the inability to cash out within the game.A Response to Regulatory ScrutinyFrancis Brankin, the Head of Economy at Shrapnel, shared the rationale behind this decision in an interview with CoinTelegraph. According to Brankin, U.S. players…
SingularityNET Overview SingularityNET Price Change 24h -0.34% SingularityNET Price Change 7d 1.24% SingularityNET Market cap $221,398,697.01 SingularityNET All time high $1.86 SingularityNET All time low $0.01 SingularityNET Price Prediction 7d $0.166662 –7.32 SingularityNET Fear-Greed Index 46 Fear SingularityNET Volatility 2.69% SingularityNET Green Days 14/30 (47%) Our real-time AGIX to USD price update shows the current Singularitynet price as $0.179822 USD. According to our Singularitynet price prediction, AGIX price is expected to have a -2.47% decrease and drop as low as by September 19, 2023. Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 75%, with…
Fire up the prefrontal cortex and turn the coffee machine up to eleven, Sky Mavis has unveiled details of its epic Axie Game Jam 2023. As a result, creative minds will have a frantic 2-week period in which to develop a fully playable Axie-based game following an as-yet unrevealed theme.Through its unprecedented new opportunity, budding game developers will have a chance to show their talents on the big stage, and potentially enter into a partnership with Sky Mavis. If that isn’t enough, however, the top creators at the end of the 2-week period, will also take away a share of…
Animoca Brands founder Yat Siu has recently launched an ambitious proposal, AIP-297, aimed at expanding the horizons of ApeCoin. This proposal introduces the concept of a Sister DAO and an NFT community treasury, which has garnered overwhelming support, with 76% in favor as of now The crux of AIP-297 is to establish a Sister DAO, separate from the main ApeCoin DAO, with the membership requirement of owning at least 1 APE token. This Sister DAO will oversee the allocation of 750,000 APE tokens to an NFT treasury for the acquisition of intellectual property (IP) represented by NFTs. The acquired NFTs,…
South Korean gaming giant Krafton, acclaimed for its worldwide success with PUBG, has declared its foray into the NFT-integrated metaverse gaming landscape with its latest initiative, Overdare. Formerly titled “Project Migaloo,” this game is slated for a preliminary debut in December, with the full launch earmarked for the period between January and July of 2024. Notably, Krafton has introduced an exclusive blockchain system, Settlus, precisely designed for Overdare. The platform, expected to be on mobile, draws parallels with Roblox, and will harness the power of Epic Games’ Unreal Engine 5.Krafton’s Vision for Overdare Overdare is set to equip creators with generative…
NFTs have unlocked a new paradigm where digital collectibles, art, and even virtual real estate hold tangible value. As September 2023 draws to a close, let’s delve into the NFT collections that have made the most significant impact in the market, based on trading volume. Here is our list of the top 5 NFT collections by volume traded in September 2023. NFT History: Know your facts NFTs represent unique digital assets verified using blockchain technology. Unlike cryptocurrencies like Bitcoin or Ethereum, where each token is identical (or fungible), each NFT has a distinct value and specific information that makes it…
NFT analyst Loki The Bird took to X to provide a concerning update on the allegedly rugged Momoguro NFT-based project. The X user highlighted that the situation appears to have taken a dire turn two months after a whistleblower’s initial warnings. Momoguro RUG update:????Two months later, the whistleblower nails it????.1/9 pic.twitter.com/t3nmqGQVML — Loki The Bird ???? (@lokithebird) September 16, 2023 The NFT analyst claimed Maureen, the CEO of Baobab, appeared in a Discord Ask-Me-Anything (AMA) session in August after relentless community requests. However, the session was far from what the community had hoped for. No members from the community were…
Cool Cats is gearing up to make a lasting impression at the 97th Macy’s Thanksgiving Day Parade. Earning a place in the annals in history, the NFT brand is the first of its kind to physically grace this renowned holiday extravaganza on November 23 in the heart of New York City.The Web3 project seized the golden opportunity to spotlight itself at the world-famous parade via an online competition led by the retailer giant. Macy’s granted only one out of five NFT brands to showcase at the event, with other finalists keen on gaining mainstream recognition through the event being Boss Beauties, VeeFriends, SupDucks…
