Saturday 4 February 2023
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Hodler’s

Play-to-own, NFTs and Web3: Crypto Raiders drops knowledge with NFT Steez

Blockchain gaming and the play-to-earn model were all the rage in 2021, but over time, the model declined as a few kinks were revealed and the wider nonfungible token (NFT) and crypto market hit a few speed bumps. It’s safe to say, the sector is “down, but not out,” and it’s entirely possible that blockchain gaming could see another 2021-style surge once the wider market regains its momentum. In the most recent episode of NFT Steez, a weekly Cointelegraph podcast hosted by Alyssa Exposito and Ray Salmond, the founders of Crypto Raiders joined to discuss the state of blockchain gaming and the future of play-to-earn-based projects. According to the founders, Crypto Raiders is an NFT-based dungeon crawler, and in the episode, each agreed that the current blockchain gaming landscape should focus on sustainability and “fun” first. Can the play-and-earn model work in Web3 gaming? Co-founder Nick Kreupner spoke about the adoption of “hybrid models” for play-and-earn gaming, stating that th..

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Price analysis 7/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin (BTC) hit a six-week high above $24,000 on July 29, extending its rally that picked up momentum after the United States Federal Reserve hiked rates by 75 basis points on July 27. If the rally sustains for the next two days, Bitcoin could be on target to close the month of July with gains of more than 20%, according to data from Coinglass. It is not only the crypto markets that have seen a post-Federal Open Market Committee (FOMC) rally. The U.S. equities markets are on track for big monthly gains in July. The S&P 500 and the Nasdaq Composite are up about 8.8% and 12% in July, on track to their best monthly gains since November 2020. Daily cryptocurrency market performance. Source: Coin360The crypto and equities markets have risen in the expectation that the pace of rate hikes by the Fed will slow down in the future. Arthur Hayes, ex-CEO of derivatives platform BitMEX, believes that the Fed will not increase rates further and may eventually return to an accommodative monetary po..

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