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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

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    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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    Hunters On-Chain Final Genesis Hunter T1 Mint

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    Blast Royale Free Mint March 27th

    Blast Royale Free Mint March 27th

    Yuga Labs Announces Second Trip to the Otherside

    Yuga Labs Announces Second Trip to the Otherside

    Voxie Tactics Adds Training Mode

    Voxie Tactics Adds Training Mode

    Mocaverse Reveals Moca NFTs and Experience System

    Mocaverse Reveals Moca NFTs and Experience System

    Imposters Beta Playtest – Play to Earn

    Imposters Beta Playtest – Play to Earn

    Spider Tanks Game Update and Gen2 Tanks

    Spider Tanks Game Update and Gen2 Tanks

    Immutable Announces Partnership with Polygon

    Immutable Announces Partnership with Polygon

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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Hunters On-Chain Final Genesis Hunter T1 Mint

    Hunters On-Chain Final Genesis Hunter T1 Mint

    Mint a Free Character NFT for Tearing Spaces

    Mint a Free Character NFT for Tearing Spaces

    Blast Royale Free Mint March 27th

    Blast Royale Free Mint March 27th

    Yuga Labs Announces Second Trip to the Otherside

    Yuga Labs Announces Second Trip to the Otherside

    Voxie Tactics Adds Training Mode

    Voxie Tactics Adds Training Mode

    Mocaverse Reveals Moca NFTs and Experience System

    Mocaverse Reveals Moca NFTs and Experience System

    Imposters Beta Playtest – Play to Earn

    Imposters Beta Playtest – Play to Earn

    Spider Tanks Game Update and Gen2 Tanks

    Spider Tanks Game Update and Gen2 Tanks

    Immutable Announces Partnership with Polygon

    Immutable Announces Partnership with Polygon

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Axie Infinity and dYdX Overtake NFT Platform OpenSea In DApps Revenue

2021-11-01
in Altcoins
0
Axie Infinity Looks to Raise $150 Million in Series B Funding Round Led by a16z
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Whereas because the craze round NFT cools down, decentralized gaming platforms have began gaining traction. Gaming platforms like Axie Infinity have recorded essentially the most income from Dapps over the past month. As widespread crypto-journalist Colin Wu notes:

Previously 30d, Axie Infinity continued to cleared the path with $190.9 million in income from Dapps. With the cooling of the NFT market, dYdX surpassed OpenSea with 30d $66.9million in settlement earnings.

Courtesy: WuBlockchain

Axie Infinity (AXS) has been rallying considerably over the past three months gaining greater than 200% on this interval. Final week, AXS touched an all-time excessive of $162 as Fb introduced its rebranding for an aggressive push to Metaverse.

Azie Infinity is a blockchain-based gaming platform that has gained strong traction just lately. Customers play the Axie Infinity blockchain recreation by buying Axie characters as NFTs. It lets gamers acquire, breed, elevate, battle and commerce token-based creatures dubbed Axies. As soon as a person has a set of three Axies, they will play towards different customers.

A number of crypto tokens linked to gaming and metaverse have been on a roll just lately. Decentraland (MANA) has additionally skyrocketed 300% over the past 4 days after Fb rebranding.

NFTs Are Income Mannequin for Metaverse

We have now seen a strong NFT craze this 12 months with buying and selling volumes hovering to multi-year highs. Though there’s been drop within the volumes and the income generated, the developments taking place round metaverse can gas extra demand for NFTs.

William Quigley, a co-founder of stablecoin Tether and a pioneer within the cryptocurrency area, notes that NFTs can present a powerful income mannequin for the metaverse. In a Bloomberg interview, Quigley famous that metaverse will massively change the way in which we work together within the digital world. He added:

When it occurs, it actually is difficult to think about and laborious to overstate the impression. I’m betting that the income mannequin for the metaverse goes to be NFTs. In video gaming the income mannequin now’s digital objects, and that’s a $175 billion enterprise yearly. I feel the metaverse needs to be orders of magnitude greater than that as a result of it’s every part, it’s not simply gaming.

That is the start of a brand new world and we will probably see good synergies between the crypto world and metaverse in close to future.



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