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The Sandbox, an Ethereum NFT Metaverse Game raises $93 million

The Sandbox, an Ethereum NFT Metaverse Game raises $93 million

Users may own, edit, and monetize land plot NFTs in a shared online environment in the future Ethereum-based metaverse game. Following Facebook’s increased push into the space—including renaming its parent company as “Meta “—and rising value for metaverse-related crypto tokens, excitement over the approaching metaverse may be at an all-time high. One of the most […]

Ethereum Hashrate Reach New ATH While Selling Pressure Diminishes

Ethereum Hashrate Reach New ATH While Selling Pressure Diminishes

Ethereum remains the most-used chain in the blockchain industry, correlated with the magnitude of the fees that attract more miners from all over the world, with the increasing activity of decentralized apps and the continually expanding popularity of key NFT projects. At the time of writing, Ethereum’s hashrate has risen to 812,768 GH/s. Despite the […]

Metaverse Tokens Surges Following Facebook’s Rebrand News

Metaverse Tokens Surges Following Facebook’s Rebrand News

Metaverse-related tokens skyrocketed after Facebook revealed on Thursday that it will rename Meta in order to better align itself with the augmented and virtual reality-driven future. According to cryptocurrency data aggregator CoinGecko, the category’s market worth has increased by 262.9 percent in the last 18 hours, to $13.4 billion. Half a dozen currencies, including some […]

Automated market maker Mono X launches mainnet on Ethereum and Polygon

Automated market maker Mono X launches mainnet on Ethereum and Polygon

MonoX, an automated market maker (AMM), has announced the debut of its mainnet platform, on the Ethereum and Polygon blockchain networks the mainnet will provide investors with full swap and liquidity capabilities. Mono X hopes to create a cost-effective and accessible infrastructure for liquidity providers looking to bring their projects to market and traders looking […]

These blockchain games are more popular than Axie Infinity, according to DappRadar

These blockchain games are more popular than Axie Infinity, according to DappRadar

While Axie Infinity may be the star of the show, DappRadar’s Q3 2021 blockchain gaming health report shows many other games ahead in terms of unique active wallets (UAW). As predicted, the research notes that play-to-earn (P2E) gaming, and to a lesser extent, non-fungible tokens (NFTs) , are propelling growth in the blockchain gaming market. […]