Institutional Money Flowing into NFTs - Play to Earn #38
Axie Infinity, The Sandbox, Crypto Art, this has been a tremendous week!
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This week has been so packed with news that Substack is telling me that my newsletter is too long. OMG this week has been crazy. Institutional investment companies are putting their money in non-fungible tokens, like gaming assets and crypto art. In addition I’ve got an AWESOME partner for the Play to Earn Game Festival that’s coming up in November, and this week we created our first Play to Earn Blockchain Gaming Memory collectible: “Almace All of Us”. Anyway, enjoy the read, it’s a long and very interesting one!
— Robert Hoogendoorn
Investment Money Moving into Digital Assets
This has been an insane week if you’re looking at sales and investments. Delphi Digital just spent 166 thousand dollars on the acquisition of four rare creatures from the game Axie Infinity. Their investment of 473.75 ETH into the NFT space is a sign of things to come, according to trendwatcher Andrew Steinwold. In addition crypto investor Anthony Pompliano is moving into crypto art. Big things are happening! ▶▶▶ Read more
Play to Earn Game Festival powered by Synergy of Serra
Play to Earn is proud to announce Synergy of Serra as the event sponsor for the first Play to Earn Game Festival. At the virtual event visitors will be able to learn about Synergy of Serra and other games that embrace the concept of earning digital rewards through gameplay. The Play to Earn Game Festival will start on November 2nd 2020. ▶▶▶ Learn more
$500.000 in Shared Ownership Over NFT assets
If only you could own 1 percent of something super valuable. Well, you can, and it’s getting popular. - More than half a million dollars has been placed in shared ownership over digital assets. According to data from DappRadar there’s 515 thousand dollars in 21 different fractured digital assets, mainly game assets and digital art. All these shared non-fungible tokens are being traded on Niftex. ▶▶▶ Read more
If you like Axie Infinity and enjoy collecting. Today Play to Earn minted its first news related collectible. We will do this more often in the future. But this is a first! - I will probably make these collectibles look more like digital cards in the future.
Cheapest Cryptopunks Now Cost $1000
The value of the pioneers in digital collectibles keeps going up. It’s crazy! - Collectors and investors looking to get their hands on the cheapest of the ten thousand Cryptopunks need to pay at least one thousand dollars. According to the official website the cheapest Cryptopunk is listed for 2.99 ETH, which currently equals $1030.68. ▶▶▶ Read more
Christie’s Auctioning Bitcoin Artwork and NFT
When is mainstream adoption coming? Well maybe when auctioning house Christie’s is putting a painting on sale based on the Bitcoin blockchain and that comes with a digital copy on the Ethereum blockchain. There’s three years of work in a series of 40 paintings, and one of them will be sold early October. ▶▶▶ Read more
Crypto Artists Earn $2 Million on SuperRare
Big milestone for Superrare and crypto art! — Four months after reaching the 1 million dollar milestone, the total earnings for artists now exceeds 2 million dollars on crypto art platform SuperRare. According to their data collectors have earned another 675 thousand dollars from secondary sales. Almost nine thousand artworks have been sold on the online art gallery. ▶▶▶ Read more
Competitors Caught Practicing on Metalympics Obstacles
Details about the Metalympics haven’t been revealed yet, and yetthe competition is already heating up with some unofficial practicing sessions. Play to Earn caught a couple of trespassers in the Avastars Arena and was able to ask one of them some questions. Why are they training already? Does this give them an edge over the competition? We needed to find out! ▶▶▶ Read more
Popular Mobile Game Star Girl Coming to Flow
This is probably how your daughters and little sisters will get into blockchain. Parents, be informed! — Animoca Brands is bringing their popular mobile game series Star Girl to the Flow blockchain in 2021. This series is already being played on mobile devices by one million players every month. The deal is a first step in a deeper partnership between the two companies. ▶▶▶ Read more
Shared Ownership Digital Assets Even Cheaper
Getting shared ownership over a digital piece of art or virtual real estate is now even cheaper. Because Niftex now offers its services on the Matic Network, users don’t need to worry about exorbitant gas fees on the main Ethereum blockchain. ▶▶▶ Read more
BMW Rumored Partnership With Enjin
In the category, almost too good to be true — German car company BMW has allegedly partnered with blockchain gaming platform Enjin. The upcoming BMW Vantage app has the ENJ token integrated according to a South Korean tech blog. Users will be able to earn BMW Coin as a reward for all kinds of tasks, and this coin can then be exchanged for Enjin. ▶▶▶ Read more
Gamers Can Spend Gala Tokens in Splinterlands
TownStar is doing pretty good, and is seeing an consistent increase in players — TownStar and the Gala blockchain are now partnering with trading card game Splinterlands. Gala Games announced that the Gala tokens can soon be used inside Splinterlands, which is one of the most popular blockchain-powered trading card games. ▶▶▶ Read more
Planet Rift Full of Ambition Within The Sandbox
Now this is what you call ambition! — Planet Rift has been announced as one of the biggest projects building its game inside The Sandbox. The game takes place on 64 land parcels and can be expanded by allowing landowners to become contributors to the game. Without building anything themselves, landowners can have their virtual land monetized by Planet Rift. ▶▶▶ Read more
Ultra Added to Blockchain Games Console Atari
Priced at the same level at the Playstation 5 and Xbox One Series X, and yet I am still kinda hyped about the Atari VCS. So much blockchain! — The blockchain-powered digital games distribution platform Ultra will be accessible on the upcoming Atari VCS game console. At the same time the gaming company will make some of its classic games available through Ultra. ▶▶▶ Read more
MotoGP Collectibles Acquired by Animoca Brands
Animoca get themselves a Motopoly — Gaming company Animoca Brands has acquired Ninjastickers and their rights for digital collectibles based on MotoGP, Moto2 and Moto3. They have not revealed any financial details about the acquisition. As a result of the deal, collectors can now buy all digital collectibles from Ninjastickers with Animoca’s REVV token. ▶▶▶ Read more
Rarible Enacts First Community Decision
The community of tokenization platform Rarible has voted for the introduction of market fees. These fees serve as a way to demotivate wash traders, while in addition providing financial resources for future platform development. ▶▶▶ Read more
Spells of Genesis Supports Different Blockchains
Game studio EverdreamSoft has announced a new method to tokenize cards from their game Spells of Genesis onto different blockchains. The company uses a custodian wallet on the Klaytn blockchain that makes bridge between different blockchains. ▶▶▶ Read more
Litecoin RPG Litebringer Gaining Traction
Since Litebringer launched on the Litecoin blockchain last week, the strategy role playing game has attracted almost three thousand players. Activity has steadily been going up every day, and according to data from DappRadar the game is now in the top ten in terms of active users in the past seven days. ▶▶▶ Read more
Gaming Already Has Decentralized Finance
Must read! I wrote a long article about gaming and decentralized finance — There’s a big overlap between blockchain gaming and decentralized finance, think about rewards and community.While decentralized finance is the talk of the town at the moment, and non-fungible tokens also get lots of attention, it’s a bit quiet around gaming. However, there’s enough reason to make some noise. There are many similarities between decentralized finance and blockchain gaming, and the play-to-earn business model in particular. ▶▶▶ Read more
The Sandbox Moving Big on Partnerships
I’m very bullish on The Sandbox. Demand for their virtual land is insane! — The virtual world of The Sandbox has appointed the former Global Vice President of Universal Music as their leader in charge of partnerships. Bertrand Levy will be the Global Vice President of Partnerships, and is tasked to get entertainment brands, celebrities and artists involved in The Sandbox. ▶▶▶ Read more