Tag: gaming

NFT Gaming's Dirty Secret: Exploitation Hidden Behind 'Play-to-Earn'

NFT Gaming's Dirty Secret: Exploitation Hidden Behind 'Play-to-Earn'

Let’s break this down a bit — the promise of “Play-to-Earn” (P2E) NFT games sounds utopian, right? Now picture being able to make it your career, playing and getting paid. But underneath the shiny veneer of digital ownership and blockchain innovation lies a deeply troubling reality: the exploitation of a...

NFT Gaming's Future: A Calculated Risk or a Boomer's Folly?

NFT Gaming's Future: A Calculated Risk or a Boomer's Folly?

I’ve been around enough of ’em to beamed across our history. From the dot-com bubble to the housing crisis, I’ve learned one thing: hype rarely equals reality. And frankly, the NFT gaming space is currently filled with more hype than a 90s boy band reunion tour.The kids are all hyped...

NFTs in Gaming: Revolution or Risky Business?

NFTs in Gaming: Revolution or Risky Business?

NFTs (Non-Fungible Tokens) are revolutionizing the concept of digital ownership in video games. These rare digital collectibles are transforming the ways that players deal, trade, and value items in games. Blockchain innovation provides gamers the means to absolutely have their electronic belongings. They can buy, sell or trade these digital...

NFTs in Gaming Reshape Digital Ownership and Spark Debate

NFTs in Gaming Reshape Digital Ownership and Spark Debate

NFTs, or Non-Fungible Tokens, are revolutionizing the concept of digital ownership, impacting various industries, and the gaming world is no exception. These unique digital assets, underpinned by blockchain technology, are transforming how players interact with games, own in-game items, and even earn a living. NFTs have provided exciting opportunities to...

Sui's TVL Skyrockets as Bridge Launch Fuels DeFi and Gaming Growth

Sui's TVL Skyrockets as Bridge Launch Fuels DeFi and Gaming Growth

Sui, a new, entirely different Layer-1 blockchain focused on scalability, is seeing considerable growth and adoption. This increase is driven by the introduction of its mainnet bridge and growing dominance in decentralized finance (DeFi) solutions and play-to-earn (P2E) gaming. The platform’s Total Value Locked (TVL) has shot up to $1.8...

Nike's Metaverse Meltdown Proves Crypto Bros Got Played Again

Nike's Metaverse Meltdown Proves Crypto Bros Got Played Again

Let’s face it, the Nike/RTFKT NFT debacle was a perfect storm of stupidity just ready to strike. As the crypto bros weep for their lost “investment,” I’m just sitting here thinking, didn’t everyone learn from Beanie Babies? Let’s be serious – we’re talking about digital shoes that exist exclusively in...

Nike Faces Lawsuit Over RTFKT Metaverse Project Closure

Nike Faces Lawsuit Over RTFKT Metaverse Project Closure

Nike is facing a lawsuit from crypto investors who allege the apparel giant executed a "rug pull" following the abrupt closure of its metaverse project, RTFKT Studios, in December. The plaintiffs are asking for more than $5 million in damages. They point to consumer protection law violations in New York,...

DraftKings' $10M NFT Settlement: A Win For the Little Guy?

DraftKings' $10M NFT Settlement: A Win For the Little Guy?

Imagine this: a bright-eyed college student, let's call him Alex, scrolling through Twitter, sees the hype around DraftKings' Reignmakers NFTs. He's a sports fan, tech-savvy, and figures, "Why not? It's a fun way to maybe make some extra cash." He loads up a few hundred bucks into these dorky looking...

Ubisoft Steps Further into Web3 with Might & Magic Fates

Ubisoft Steps Further into Web3 with Might & Magic Fates

Ubisoft is developing Might & Magic Fates, a new card game featuring a "Web3 layer that unlocks digital ownership." The company is taking another plunge into blockchain gaming. This follows very heavy blowback from the gaming community on their past efforts. Might & Magic Fates allows players to build decks...

Ubisoft's NFT Gamble: 5 Reasons Why Gamers Should Revolt

Ubisoft's NFT Gamble: 5 Reasons Why Gamers Should Revolt

Ubisoft recently announced Mighty & Magic Fates, a mobile, NFT-riddled trading card game. Remember Ghost Recon Breakpoint and XDefiant? Recall how they said they were going to consult with and listen to the players after those catastrophes. Apparently “listening” means doubling down on the very thing that made everyone hate...