Is play-to-earn really dead or will the dead rise again? Teen makes $1.6M playing Yuga Labs’ NFT game, and first impressions of Illuvium: Zero.
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D&D nukes NFT ban, ‘Kill-to-Earn’ zombie shooter, Illuvium: Zero hot take — Web3 Gamer
In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases.
Fortnite player sells Dookey Dash prize
It has been a little over a month since NFT behemoth Yuga Labs, the company behind Bored Ape Yacht Club (BAYC) and other top NFT collections, rolled out the skill-based game and NFT mint, Dookey Dash.
Sent on a quest by a dog called Gary, players have to navigate through the sewers, dodging obstacles and collecting power-ups in pursuit of a golden key.
For three weeks, holders of Sewer Pass NFTs competed for the top spot on the leaderboard and different prizes. Though BAYC and sister collection Mutant Ape Yacht Club holders could claim a free pass, buying one wasn’t cheap. The floor price currently stands at 2.4 Ether (ETH) ($3,888)
That’s a lot to play Temple Run in a toilet.
D&D nukes NFT ban, ‘Kill-to-Earn’ zombie shooter, Illuvium: Zero hot take — Web3 Gamer
In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases.
Fortnite player sells Dookey Dash prize
It has been a little over a month since NFT behemoth Yuga Labs, the company behind Bored Ape Yacht Club (BAYC) and other top NFT collections, rolled out the skill-based game and NFT mint, Dookey Dash.
Sent on a quest by a dog called Gary, players have to navigate through the sewers, dodging obstacles and collecting power-ups in pursuit of a golden key.
For three weeks, holders of Sewer Pass NFTs competed for the top spot on the leaderboard and different prizes. Though BAYC and sister collection Mutant Ape Yacht Club holders could claim a free pass, buying one wasn’t cheap. The floor price currently stands at 2.4 Ether (ETH) ($3,888)
That’s a lot to play Temple Run in a toilet.
D&D nukes NFT ban, ‘Kill-to-Earn’ zombie shooter, Illuvium: Zero hot take — Web3 Gamer
Is play-to-earn really dead or will the dead rise again? Teen makes $1.6M playing Yuga Labs’ NFT game, and first impressions of Illuvium: Zero.
D&D nukes NFT ban, ‘Kill-to-Earn’ zombie shooter, Illuvium: Zero hot take — Web3 Gamer
Is play-to-earn really dead or will the dead rise again? Teen makes $1.6M playing Yuga Labs’ NFT game, and first impressions of Illuvium: Zero.
D&D nukes NFT ban, ‘Kill-to-Earn’ zombie shooter, Illuvium: Zero hot take — Web3 Gamer
Is play-to-earn really dead or will the dead rise again? Teen makes $1.6M playing Yuga Labs’ NFT game, and first impressions of Illuvium: Zero.
D&D nukes NFT ban, ‘Kill-to-Earn’ zombie shooter, Illuvium: Zero hot take — Web3 Gamer
In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases.
Fortnite player sells Dookey Dash prize
It has been a little over a month since NFT behemoth Yuga Labs, the company behind Bored Ape Yacht Club (BAYC) and other top NFT collections, rolled out the skill-based game and NFT mint, Dookey Dash.
Sent on a quest by a dog called Gary, players have to navigate through the sewers, dodging obstacles and collecting power-ups in pursuit of a golden key.
For three weeks, holders of Sewer Pass NFTs competed for the top spot on the leaderboard and different prizes. Though BAYC and sister collection Mutant Ape Yacht Club holders could claim a free pass, buying one wasn’t cheap. The floor price currently stands at 2.4 Ether (ETH) ($3,888)
That’s a lot to play Temple Run in a toilet.
Recapping Cointelegraph Markets Pro’s Crypto Winter Recovery Summit
On its live summit, “The Crypto Winter Recovery Plan,” Cointelegraph Markets Pro revealed how traders could have mostly avoided a gut-wrenching 75% pullback in the crypto market while securing mind-boggling gains.
The Cointelegraph Markets Pro team argues that while hodlers tied their capital into a capitulating market, nimble Markets Pro members were able to capitalize on real-time, institutional-grade crypto market intelligence to capture significant risk-adjusted profits. The results were staggering!
Cointelegraph Markets Pro traders could’ve secured returns up to 120 times their initial investment — 12,000%, not 120% — using alerts initiated by the NewsQuakes™ indicator, one of several indicators found in its easy-to-use dashboard...
Returns trading on news alerts. Source: Cointelegraph Markets ProMeaning anybody who would have bought every NewsQuakes™ listing alert and held it for just one hour, from January 2021 until November 2022, would have turned every $100 into $12,000, and every $10,000 into $1.2 million. While over the same period, the crypto market lost two-thirds of its total value.
Cointelegraph Markets Pro dashboard.The secret to the outperformance is the Cointelegraph Markets Pro platform. During the live event, the Cointelegraph Markets Pro team argued that the platform is the most actionable crypto trading service in the world — and the results support this claim.
Recapping Cointelegraph Markets Pro’s Crypto Winter Recovery Summit
The Crypto Winter Recovery Summit demonstrated how traders could’ve multiplied their investment by 120 while the market lost two-thirds of its value.
Thailand to offer tax breaks for investment token issuers
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years.
WeChat integrates digital yuan into its payment platform
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
China announces plans for new national financial regulator
The new administration will replace the current banking and insurance watching that coincides with a larger government overhaul.
South Korea saw over $4B in unregistered crypto transactions in 2022
The money was aimed primarily at buying foreign crypto assets with the intention of selling them on the domestic market.
Hong Kong's losses to crypto scams doubled to $217M last year: Report
Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022.
Hong Kong's losses to crypto scams doubled to $217M last year: Report
Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022.
9 essential finance terms you must know
Boost your financial literacy with nine essential terms. From interest to assets, improve your money management skills.
9 essential finance terms you must know
Boost your financial literacy with nine essential terms. From interest to assets, improve your money management skills.
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin (BTC) would need to return below $20,000 to reset a key metric that covers speculative profit-taking, data shows.
In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) might be dictating BTC price resistance.
Profit-taking reinforces resistance levels
As BTC/USD climbed toward $25,000, STHs — those holding coins for 155 days or less — began seeing substanti.
This was captured by the market value to realized value (MVRV) metric, which compares the Bitcoin market cap to the value of coins moved on-chain.
“By comparing these two metrics, MVRV can be used to get a sense of when the price is above or below ‘fair value’ and to assess market profitability,” Glassnode explains in an accompanying guide.
