What Is The Future Of NFT Gaming?

 What Is The Future Of NFT Gaming?

As the nonfungible token (NFT) market continues to grow, several gaming companies are creating virtual worlds within a metaverse where the same NFTs can be traded in a whole new scenario.

This new concept has taken the virtual gaming world by storm, and projects are constantly springing up to test this concept. It appears that there’s a huge appetite for the metaverse and the NFT marketplace. 

Project Nebula, a massive multiplayer online sci-fi game (MMO), brings the 4X strategy genre into blockchain gaming. Players are using various NFT assets (spaceships, planets and more) to advance their interstellar empires and dominate the New Galaxy.

To the New Galaxy

Project Nebula is currently past a presale phase and was launched in July 2021. Since then, the project’s NFTs have all been quickly sold out, and hundreds of players are interacting daily and competing with each other in the New Galaxy to discover new NFT worlds, lands, items and even ships.

Project Nebula is soon releasing a new fleet of NFT spaceships (of the Terran Colonial Union) into the game and onboarding a new wave of explorers. Half of this new fleet will be made available through a presale on Nov. 30, 2021. The other half will be claimable inside the game by completing various in-game missions.

Even though a lot of ground has already been covered, Project Nebula is still in its early stages. Joining earlier could prove beneficial as interest continues to grow. 

The in-game NFT Marketplace is an active hub with nearly $2 million trading volume within just a few months following the game launch.

Rewarding spaceship

The platform hosts many rewarding play-to-earn aspects. In addition to discovering and claiming NFT planets in the game, players can also earn a hefty Discovery Bonus when discovering planets of Legendary and higher rarity classes. Players may send these to a public auction and pocket 25% of the revenue. The highest Discovery Bonus as of today has been over $2,000, with the project launching only three months ago.

There is currently an ongoing Zone-Control competition where players are competing to claim Land NFTs in the starting regions of the Galaxy. This will enable them to soon deploy various self-built structures into the game when the Crafting Expansion launches early next year.

Conquering plans

Two new game mechanics will become available in 2021, in addition to the new fleet of NFT spaceships:

Starmapping: A new mechanic that allows players to turn their explorations into revenue by turning their explored maps into an NFT that can be sold/traded with other players.

NFT Crafting: Project Nebula will launch the NFT Crafting Expansion early next year: hundreds of new NFTs, a complex crafting system, and a vast player-driven in-game economy are coming into the game that will enable tons of new and engaging mechanics along with even more play-to-earn possibilities for all players.

Source: Cointelegraph

Benefits of Launching NFT Gaming Platforms

It’s time to start your business in NFT gaming, as there is a great future scope for attaining greater heights in your business via NFT.

 

Here is a list of some of its benefits collected exclusively for you.

 

1. Gaming assets are transparent in the NFT marketplace.
2. It provides an option to deliver great customizations in the digital assets for NFT gaming.
3. NFT provides a feature for playing multiple NFT games within the blockchain network.
4. The value of the NFT tokens is increased on a massive scale as the demand is high for using an NFT gaming token.
5. The ability to earn huge via the NFT gaming platform is possible as it is a great revenue-generating business model.
6. Exclusive gameplay options are delivered in NFT gaming, that offers digital assets like digital accessories, virtual forms and much more.
7. Most highlighting there is a great chance for a token price to be increased in the upcoming days.
8. Gaming assets can be transferred from one blockchain to the other at the quickest way in a hassle freeway.
9. A greater chance is available to sell the NFT gaming assets for a greater value.

Why Sellbitbuy Specializes In Developing NFT Gaming Platform?

Specialized NFT Gaming Platform development company has skilled NFT gaming platform developers who meet the customer requirements to the core. Our NFT gaming platform development company is recognized by many individuals as we also offer solutions by building an extremely user-friendly gaming platform.

 

Experts in our team, are proud to deliver NFT gaming projects within the expected duration at an affordable price. One who wishes to build an empire in the NFT gaming world can contact our technical support team. We are also obliged to provide services for NFT marketplaces developments, NFT token developments, NFT wallet development, & more.

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 Decentraland NFT Marketplace Peaks To 25% MarketCap

Decentraland price is up over 25% today, making it the biggest gainer on Crypto.com. With a 24 hour trading volume of $6.9 billion and a market cap of $7.4 billion, it’s clear that Decentaland is racing it’s way to the top. Let’s take a closer look at Decentraland and see why the price is rising so much.

What Is Decentraland?

Just to make sure we’re all on the same page, Decentraland is a blockchain-based virtual metaverse, allowing users to purchase plots of lands, customize them, and interact with other users in the virtual world.

Why Is Decentraland Price Rising?

The most recent announcement when it comes to Decentraland, is their partnership with the Government of Barbados, establishing the world’s first metaverse embassy.

Welcoming the government of a nation to the metaverse is a first in the crypto world. Establishing an official embassy in a virtual universe is sure to bring attention to Decentraland, and cryptocurrency in general.

With a market cap of $7.4 billion, Decentraland is about to overtake one of the biggest metaverse projects, Axie Infinity, that has a market cap of $7.7 billion.

Earlier today, we reported why Decentraland is the best Metaverse project on the market right now, and the recent price increase only goes to show that traders agree.

With a fully functioning app open to the public since February of 2020, it only makes sense that Decentraland establishes itself as the leader in crypto’s Metaverse sector.

Moreover, Decentraland already has an active community of users that’s growing every day. Below you can see just a small portion of some of the upcoming events on Decentraland

Source: Thevrsoldier

Decentraland Clone Development

In the Decentraland Clone Development process a website script is coded and delivered to clients who wish to create their own NFT marketplace like Decentraland.  With the support of NFT marketplace developers, you can start building your own business empire to amplify your business growth. 

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Why Choose Sellbitbuy for Decentraland NFT Marketplace Development?

Sellbitbuy - Cryptocurrency exchange development company,  NFT Marketplace Development Company,  is happy to offer endless support to the NFT business freaks who wish to set a strong mark in the NFT field. We have a group of professionals who are expertise in creating an NFT marketplace like Decentraland. Our advanced Decentraland clone script will help you to instantly launch an NFT marketplace like Decentraland.

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 Why Build Axie Infinity: NFT Game That Redefines Gaming World!

Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month. Each Axie is a nonfungible token, or NFT, minted on the Ethereum (ETH) blockchain. Similar in theme to Nintendo's Pokemon series, Axies come in different rarity types, with varying strengths and attributes, with the strongest fetching very high prices on the game's marketplace. Players earn Smooth Love Potions (SLPs) by completing daily quests, defeating monsters and battling other players in arenas with their Axies. SLPs can then be sold in exchange for various cryptocurrencies.

Due to the high initial cost of buying/borrowing/breeding Axies, in-game guilds have formed as of late to fund players' upfront expenses, or offer scholarships, in exchange for their SLP earnings as they play. One such in-game guild is Singapore-based Crypto Gaming United, or CGU, which has close to 100,000 Discord users and regularly looks for new scholars in the official Axie Infinity Discord.

Source: Cointelegraph

How to start an NFT gaming platform like Axie Infinity?

Thinking of an elegant way to start your own NFT gaming platform just like Axie Infinity? 

 

Okay, then there is a hassle-free way to launch it in a cost-effective way. It is none other than using a NFT gaming script like the Axie Infinity clone script. It delivers the built-in features for playing the fun-loving digital pet game with the features like Axie battles, Axie breeding & earning, Land, marketing. It is a wise idea for making an instant launch of this platform in a cost-effective way. 

 

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 Why should you invest in Metaverse NFT?

Everyone from individual users to big corporations is talking about the metaverse. The craze of the metaverse is real, so much so that even Facebook rebranded to Meta to be relevant in the space.

At first, the hype around the metaverse seemed limited to playing games and interacting in virtual reality, but the users are doing much more than just playing games in the metaverse. Along with in-game accessories, users are also purchasing virtual land parcels and estates, with $900,000 being the highest price paid for a virtual plot of land.

Even though the prices are increasing over time, so is the interest of individuals, real estate companies and other corporations on the virtual plots. Represented by coordinates in the metaverse, these properties offer various use cases, and the possibilities are endless. For example, these could be vacant pieces of land where creators can build on or structures that mimic real-life properties.

Many experts in the traditional finance and real-estate world have criticized the amount of money being spent on virtual properties in the metaverse, calling it bizarre to invest in a property that people cannot actually live in. In contrast, many other companies are bullish on the metaverse and have started offering products that align with their interest in the metaverse. For instance, many metaverse real estate companies like metaverse Property have been set up to secure land and properties in the virtual real estate space. Moreover, companies like Sotheby’s are looking to secure land pieces to set up art galleries and museums where they can showcase their NFTs.

Source: NewsBTC

Metaverse NFT Marketplace Development

Metaverse NFT Marketplace Development is a process of developing a platform that lets the user create a virtual place or land with their imagination. In the metaverse, anyone can interact with their avatars and thus it is a second world that is full of avatars. The NFT Marketplace is nothing but a platform operating on the blockchain network. The users can buy, sell, bid metaverses. 

If you are one among those who are looking for Metaverse NFT Marketplace, then Sellbitbuy is the apt place for developing your imaginary ideas into a Metaverse. 

Features Of Metaverse NFT Marketplace Development

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2. Virtual Reality
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How to start a Million dollar NFT Gaming Project Like Axie Infinity?

Blockchain technology can disrupt a lot of industries in the future. Gaming is the prime example of how blockchain and cryptocurrencies can challenge existing notions and change the game on its head. Let us explore how NFT-based video games have trended this year and why Axie Infinity is currently amongst the top 25 cryptocurrencies.

Welcome to the world of NFT-based gaming

Games traditionally push players to buy digital assets or view advertising on their platform to earn revenues. Axie Infinity (main token AXS) brings a whole new meaning and value to this field. Axie, a blockchain-based battling and trading game, is inspired by popular games like Tamagotchi and Pokemon and allows players to collect, breed, raise, trade, and battle token-based creatures known as Axies. The difference is that it is partially operated and owned by its players. Players get to own assets on the platform and monetize as the ecosystem grows. With more than a million daily active users (DAUs), many players have started seeing the game as a way to earn their regular income.

Play-to-Earn Model is a hit in emerging nations

Axie Infinity has two cryptocurrencies associated with the ecosystem – AXS and SLP (small love potion). It is the first instance of a successful fusion of gaming, NFTs and cryptocurrencies. The growing buzz is attributed to the ability for normal gamers to accumulate and build wealth via gaming. This is particularly lucrative for developing economies such as the Philippines and Indonesia where average per capita income is significantly lower than the average earnings via this game. The ecosystem has added more than a million daily active users (DAUs) this year and has created a hype around presenting an alternative and a viable career for the pandemic stricken population of these countries.

Future Potential

For the gaming community, AXS represents much more than just a cryptocurrency and hence it remains valuable in that ecosystem. The real challenge that AXS will face would be in scaling the DAUs by ten-fold. One, there is currently a limitation on the Ethereum network in terms of transactions and associated costs and two, the AXS team has to build a solid tech to support such a growth. Competitors are also likely to sprout given this success story. This is usually good for the ecosystem but may be detrimental for a single game.

Axie Infinity is very likely to be the leader in the near future as a platform that provides a new and unique place for crypto enthusiasts and gamers to meet their ends and participate in their platform. Regardless of how it plays out, Axie will always be remembered for revolutionizing gaming from a time and money consuming activity to a money making initiative.

Source: The News Minute

How to launch Axie Infinity with no Technical Knowledge?

Axie Infinity Clone Development is a ready-to-go 100% source code that let's you to start your perfect Axie Infinity like NFT gaming platform on top of the Ethereum network. A tremendous measure and advanced steps are taken by our team of developers who deliver a good functionality gaming platform at an edge-cutting cost.

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Crypto world hits $3 trillion market cap

 Crypto world hits $3 trillion market cap

The cryptocurrency market is now worth more than $3 trillion.

As of 7:38 a.m. in London, the overall market cap of cryptocurrencies hit $3.01 trillion, according to CoinGecko pricing. The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days; all of the seven biggest coins are up over the last week.

Bitcoin rose as much as 5.5% on Monday to $66,339, nearing its previous record of about $67,000. Ether advanced as much as 3% to a new high of $4,768.

Of course, crypto is notoriously volatile. The last time Bitcoin reached these levels, it fell back several thousand dollars, and it’s undergone multiple corrections that take it down by half or more. Other coins are even more volatile -- the meme coins bounce back and forth wildly at times -- and scams and hacks occur with some frequency.

The crypto market has already roughly quadrupled from its 2020 year-end value, as investors have gotten more comfortable with established tokens and networks like Ethereum and Solana continue to upgrade and attract new functionality. Excitement about the possibilities of decentralized finance and non-fungible tokens is growing, and meme coins like Dogecoin and Shiba Inu continue to attract attention.

Bitcoin’s current rally has been fueled by the U.S. trading debut of a Bitcoin-linked ETF as well as Elon Musk’s weekend Twitter poll, said Ben Caselin, head of research and strategy at crypto exchange AAX. “With Shiba and other meme coins having surged recently, and Facebook’s rebranding to Meta, interest in altcoins continues to rise.”

Source: Business Standard

How To Create your own Crypto Exchange Market?

Being a thought leader and trailblazer in the cryptocurrency industry, Sellbitbuy - The leading cryptocurrency exchange development company experiments risk full extends to uplift crypto exchange startups all around the world. We build cryptocurrency exchanges with fine-tuned trading functionalities by neglecting the risk-causing elements through clear-cut bug fixing. The master-level expertise in crypto exchange development lets our developers code powerful and fast-performing crypto exchange software with infinite features. We experiment with our ability and skills in deploying all kinds of trading modules in our crypto exchange applications. Hence, DEX, P2P, Escrow, spot, and features trading will be the top priority features of our trading software.

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Build world’s biggest OpenSea marketplace & Reap profits

Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments in the space, OpenSea – the hegemon in the NFT universe – has recently surpassed $10 billion in total trading volumes.

According to DappRadar, the number of traders who accounted for achieving this milestone was more than 630,000, while the average price of the sold digital collectibles was around $872.

The success of OpenSea is significant, to say the least, since three months ago, its trading volumes were ten times less – $1 billion. In comparison, the total volume for the entire 2020 was just 21 million.

The results once again indicated that OpenSea is the most dominant marketplace for buying and selling non-fungible tokens (NFTs).

The Road to The Top

Before it began dominating the NFT universe, in March this year, OpenSea completed a $23 million funding round led by the venture capital firm Andreessen Horowitz, also known as a16z.

Another development that splashed the waters in the digital asset space this year was the Bored Ape Yacht Club. The collection of 10,000 unique digital images of monkeys were predominantly displayed on OpenSea as many NFT fans spent millions to acquire some of the collectibles. As OpenSea hits the market on a big scale, it is the best time to start your own NFT marketplace like OpenSea.

Source: Cryptopotato 

How to start OpenSea like NFT Marketplace?

OpenSea Clone Script is a non-fungible token clone script built with the intent of creating a P2P NFT marketplace like OpenSea. OpenSea Clone Script contains 100% source code which allows easy exchange of digital goods like NFT collectibles. It allows the trading of crypto-collectibles for performing buying & selling across different blockchain networks.

Our OpenSea Clone Script functions are interoperable by interacting with many blockchains like BSC, Ethereum,etc,.. for exchanging digital goods in a reliable way. You can make use of this source code to start a decentralized NFT marketplace like OpenSea.

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How To Launch The World's Largest NFT Marketplace

Many analysts after doing so much of research, have come to a conclusion and delivered a report regarding NFTs.

Let explore what they say.

Investment management firm's analyst Frank Downing, citing Messari data says Opensea like a familiar NFT marketplace sees tremendous trade volume and hit about $150 M in June and in of course concluded that it should have a consistent growth in improving the trade volume.

As per their observations, Opensea has beat it's the previous record of $148 million — hit in March. Apart from the stats many NFT games like "CryptoPunks", have a huge hype for starting a business in NFT Marketplace. Never worry, there is a perfect solution for starting any kind of business in NFT.

OpenSea Clone Script

OpenSea Clone Script is a non-fungible token clone script built with the intent of creating a P2P NFT marketplace like OpenSea. OpenSea Clone Script contains 100% source code which allows easy exchange of digital goods like NFT collectibles. It allows the trading of crypto-collectibles for performing buying & selling across different blockchain networks.

OpenSea Clone Scripts builds a replica of the existing OpenSea like NFT marketplace with all the functionalities inherited in it. 

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Build Axie Infinity Like NFT Gaming Platform

Play-to-earn blockchain game Axie Infinity has been stealthy yet dramatically causing a "digital revolution" with 2 million daily active users backing it. Three years ago, the Ethereum-based game made waves as the first game to introduce the concept of gaming with NFTs. NFTs are unique digital assets verified on the blockchain that represent ownership to Axie Infinity players—but is it profitable?

The "battlers" are the axies and they function as NFTs. The NFTs operate as ERC-21 tokens that gamers can buy, sell, or trade. Axie Infinity has its own fully functioning in-game economy with a fully operating secondary market. There are various opportunities for users to generate profits, but it isn't as linear as you might think.

Axie Infinity benefits "long-term thinkers," but some users have generated "short-term" profits.

Recently, Axie Infinity gave $60 million worth of Axie Infinity Shards (AXS), its in-game governance token, to its "founders." The founders are its early adopters based on a snapshot of account holders on or prior to October 26, 2020. Soon after the distribution, Axie Infinity announced the much-anticipated launch of its "staking dashboard." Users could lock in their AXS tokens for an annual percentage yield that currently is over 155 percent.

For those long-term believers, this was one immensely large way users generated profits as the AXS token surged over 45 percent when the announcement was released. However, there are other ways that users have generated profits since they might have discovered the game later—which is still in alpha.

How Axie Infinity users and gamers generate profits by adding utility to their NFTs or "flipping"

Axies generate an in-game token called the smooth love potion (SLP). It functions as an ERC-20 token as opposed to Axies that operate as ERC-21 tokens. Since they're ERC-20 tokens, they can be exchanged much quicker. In order for users to generate earnings in the game, they must literally "play-to-earn." To play, they will need a team that is composed of 3 axies.

With the scholarships, the owner of the assets makes a small percentage of each lendee's total earnings. The community suggests that 35 percent or less, or no more than 50 percent, goes to the lender. Assuming a lender has hundreds of teams like blockchain gaming guild, Yield Guild Games (YGG), which has over 16,000 members around the world, that would result in a large sum of total profits generated.

It is just the beginning for "play-to-earn" blockchain games like Axie Infinity.

While most guilds are much more conservative in the number of members they support, more are gearing up and "onboarding" hundreds of players. Blockchain gaming has only just begun and has unlocked "play-to-earn" models where users are becoming much more creative in implementing utility for their assets that can generate profits.

Axie Infinity's ecosystem does that in a variety of ways that correspond to the vision that a gamer, user, and investor has for the game that more often than not, reflects the potential profits to be made.

Source : Market Realist

How To Start Axie Infinity Like Popular NFT Game?

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