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Gamestop NFT Daily Fee Income Falls Below $4,000 As Market Meltdown Spreads

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Sports NFTs: What are They and Why are They So Popular?

Sports NFTs are a growing segment in the non-fungible tokens (NFT) market, enabling sports fans to collect digital trading cards, virtual memorabilia, and more. Read on to learn what sports NFTs are, where you can buy them, and whether they are worth the purchase. Sports NFTs are verifiably unique digital assets created on a blockchain to represent digital trading sports cards, sporting moments, digital memorabilia, and other types of sports items. … Read More: Sports NFTs: What are They and Why are They So Popular?

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Top 5 Metaverse Games to Play in 2022

Online gaming is taking a new shape and form, with numerous metaverse games coming up powered by blockchain technology. The metaverse is a noble concept of a completely virtual world where people can interact with each other, just like in the real world. In many ways, video gaming has been a pioneer of many things that the metaverse is looking to incorporate, such as avatars, virtual currencies, and the trading of virtual items…. Read More: Top 5 Metaverse Games to Play in 2022

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Canadian Exchanges’ Cap on Annual Purchases Excludes Only Bitcoin, Ethereum, Litecoin and Bitcoin Cash

In line with regulations, Canadian crypto exchanges are introducing measures to cap the annual buy limit for selected cryptoassets at CAD 30,000 (USD 23,250) per year - and these exclude (only) four large coins.  While the cap will not impact Canadian crypto investors’ capacity to invest in some of the leading coins, it is likely to cut their purchases of a wide range of altcoins…. Read More: Canadian Exchanges’ Cap on Annual Purchases Excludes Only Bitcoin, Ethereum, Litecoin and Bitcoin Cash

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Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn

Virtual real estate is seeing a crash of its own as prices of land in various metaverses, as well as sales volumes, have plunged to the lowest levels in months - amid a broader crypto downturn that has seen around USD 2trn wiped from the crypto market capitalization. According to a dashboard tracking metaverse sales by Dune Analytics, an open-source data provider, almost all projects have seen a significant drop in the sales volumes and average prices of their virtual land…. Read More: Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn

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