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Showing posts from February, 2023

Popularity of NFTs: Founder of EA, Enters the NFT Game Development World

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  Founder and CEO of the renowned gaming company, EA has entered web3 with an NFT game development company named Games For a Living. The goal of the new company is to emphasize blockchain gaming with play-to-earn elements. How Will it Transform Blockchain Gaming? Trip Hawkins, a Video Game Hall of Fame holder is a well-known name in the gaming industry. He built video game companies like Electronic Arts and 3DO in the 1980s and 1990s. The initial game that “Games For a Living” released is titled ‘Elemental Raiders’ and is available on Steam. A tournament will be organized in March for Elemental Raiders that includes NFT prizes. Trip Hawkins is known for transforming the gaming industry and the same is expected from him as he enters blockchain gaming. Also, the company has tested a second game- Diamond Dreams, which is a matching NFT puzzle game. BNB chain will have NFTs and other materials for “Games For a Living.” The company has its own video game development studio and the games de

Amazon is About to Jump into NFT Development Race in 2023

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  Amazon will soon jump into NFT development and unveil its initiative in April. As per reports, it is going to be around blockchain-based gaming. Amazon’s NFT project is set to begin in the spring. Apparently, Amazon has been trying to sell its virtual collection initiative to a host of industry leaders, which include technology platform marketplaces and blockchain-based game creators and companies. Andy Jassy, Amazon CEO has said previously that he is open to the company selling NFT. In April last year, the CEO had also expressed optimism about NFTs and cryptocurrencies anticipating Amazon’s possible decision to start accepting cryptocurrencies as a mode of payment and selling non-fungible tokens.   The reports suggest that the project is still in the development stage and Amazon is set to go public with its crypto ambitions in April. A source stated, “We knew it was possible but now it looks like it’s happening. That will affect those already in the Web3 space – if they are smart a

Web3 development use cases to boom your business

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Web3 has the potential to revolutionize the way we do business online. With the rise of blockchain technology, businesses are finding new and innovative ways to leverage the power of Web3 development to streamline their operations and grow their bottom line. Here are some of the most promising Web3 development use cases that could help your business take off. Trending Web3 Development use cases Decentralized finance (DeFi) applications : DeFi is one of the most exciting and rapidly growing areas of Web3 development. With DeFi, businesses can build financial applications that operate on a decentralized platform, eliminating the need for intermediaries and reducing costs. DeFi applications can include everything from lending and borrowing platforms to stablecoins and decentralized exchanges. Supply chain management : Supply chain management is another area where Web3 development can have a major impact. By leveraging blockchain technology, businesses can create tamper-proof and transpar

What’s Trending in the NFT Development World?

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  In recent years, a dramatic increase has been experienced in the (Non-Fungible Token) or NFT development that leaves many with an obvious question- What’s trending in NFT in 2023? If you want to take control over the game being updated with new trends, you have landed at the right place. Here we have covered in depth the latest NFT trends that investors and enthusiasts must know. NFT in Gaming Despite several challenges, the constant innovation and progress in NFT have opened doors of opportunities for several market players, and the gaming industry is one of them. The NFT integration in the gaming industry gives players complete freedom to create their own digital assets that can be easily bought, sold, & traded on NFT marketplaces.  NFT Tickets The NFT trend is continuously rising, and one can see its glance in the digital ticketing system. Today, one can use an NFT as a ticket for entry into any event. Sounds pleasing? Yes, it is. You can hire an NFT development company to c