Tag: nft game news

Cryptory.net - Epic Games, the company behind the popular Battle Royale game Fortnite, is making a significant cut to its workforce. Approximately 830 staff members, which accounts for 16% of its employees, will be let go. This decision is part of Epic Games' effort to lower costs and establish a sustainable financial environment for the company.

Cryptory.net - The recent viral post from Rolling Stone, branding NFTs as worthless, has certainly sparked attention. However, it's crucial to acknowledge that the truth behind NFTs is far more intricate and promising.

Sky Mavis, the company behind Axie Infinity has partnered with CyberKongz, an Ethereum-based nonfungible token (NFT) collection, for a comprehensive gaming ecosystem on the Ronin blockchain.

During the second half of 2021 and the beginning of 2022, billions of dollars poured into play-to-earn projects. At one time, the total token capitalization of GameFi reached $20 billion. Until mid-2022, everything fell apart.

Dookey Dash is part of Yuga Labs' expansion plan for the Metaverse ecosystem, inspired by popular games like Subway Surfers or Temple Run.

Axie Infinity players are now able to borrow up to 30% against their digital assets, as well as staking for rewards.

Cryptory.net - The NFT blue-chip Azuki has launched a virtual city named Hilumia, expanding its NFT universe.

Cryptory.net - Treasure DAO is one of the notable projects in recent times, its token has been listed on Binance.

Cryptory.net - GameFi and NFTs are the two biggest things in DeFi and the blockchain market as well. So after P2E, what will be the next GameFi model in the future?