According to research conducted by SoFi, 36% of workers want the ability to receive part or all of their paycheck in cryptocurrency, and 42% would like to receive NFTs as a performance reward.
More than 1.3 million active wallets connected to a blockchain game as markets went red, showing a clear appetite for play-to-earn games and testament to the utility now offered to blockchain and Web3 users.
Almost a million accounts actively bought or sold NFTs at the start of the year, but the number has since declined to 491,000, blockhain analytics company Chainalysis found.
We bust the biggest misconceptions about what "minting" actually means.
Digital money has arrived, but the new vocabulary can be difficult to parse. A good start to mastery of this world is to understand the difference between crypto coins and tokens.
Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other.
GameFi refers to play-to-earn blockchain games that offer economic incentives to players.