IOI gaming platform applying NFT family starts the token public sale soon

IOI corporation, a blockchain game developer, is announcing the launch of their public DEX token offering (IDO) coming soon. IOI is behind the blockchain solution for gamers, traders, and crypto The post IOI gaming platform applying NFT family starts the token public sale soon appeared first on AMBCrypto.

REVV motorsports ecosystem shifts to Polygon due to Ethereum gas fees

F1 Delta Time will be the first title deployed on the layer-two network to alleviate the problem. The publisher of F1 Delta Time, Animoca Brands, announced a partnership with Ethereum layer-two solution, Polygon, on Feb.

Alien Worlds Becomes the World’s Leading Blockchain Game

Blockchain-based games promise many benefits that aren’t available in traditional video games, providing tangible monetary value to gamers and allowing them to earn playing titles they enjoy.

Biggest Ever NFT Sale Made as 'Axie Land’ Goes for $1.5 Million

The cutesy blockchain game has seen a bump in popularity over the past year.

FunFair (FUN) gains 183% as the blockchain-based gaming industry grows

Increasing interest and growth in the blockchain-based multiplayer gaming industry are the key factors pushing the price of FunFair (FUN) higher. Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling.  FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services with zero set-up fees and no monthly minimums. The platform’s native FUN token is the fuel behind every function on the FunFair platform and players need to use it to place bets, and winnings are also paid out in the same way.

Axie Infinity escapes Ethereum gas fees as Ronin sidechain goes live

The increasingly popular blockchain game will encourage users to migrate land and items early with a limited edition NFT gift. Pokemon-inspired blockchain game Axie Infinity has announced that its long-touted Ethereum sidechain, Ronin, has gone live. Developer Sky Mavis developed the sidechain to ease the pressure of Ethereum network congestion and gas fees on players. The Axie community has grown exponentially over the past year, and Sky Mavis described operating on the Ethereum mainnet as “a bit like training inside the hyperbolic time chamber”; a reference to the popular DragonBall universe. The explosion of decentralized finance, or DeFi, last year saw the Ethereum blockchain struggle to scale, causing delays to transactions and sky-high gas fees.

Gamified yield farming with nonfungible tokens

Game developers are now trying to use the foundational premise put forth by NFTs and to marry the idea with that of yield farming. The concept of yield farming has gained a lot of traction over the past year or so particularly because it enables crypto owners to stake their assets in return for tangible returns within short time windows.