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Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, [1] known for its in-game economy [2] which uses Ethereum-based cryptocurrencies. [3] It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth.' [4]
The Sandbox is a platform that bought the brandname of a 2012 crafting game of the same name, in 2018. Players could make in-game items by using the game's toolbox and then sell them, using a game-specific cryptocurrency, to others who could display them in their virtual landscapes. [2]
CryptoKitties operates on Ethereum's underlying blockchain network. Each CryptoKitty is a non-fungible token (NFT). Each is unique and owned by the user, validated through the blockchain, and its value can appreciate or depreciate based on the market.
Earlier this year, it looked like Render (CRYPTO: RENDER) was going to be the top AI crypto token, because the narrative was all about GPU computing power. But now, the narrative has shifted to ...
Many other major crypto tokens have seen an even bigger boost in the last week. XRP and TRON have seen the biggest gains in the last seven days, each up almost 60%, while Avalanche has also risen ...
The stock and crypto trading app now supports Compound (COMP), Polygon (MATIC), Solana (SOL) and the meme coin, Shiba Inu (SHIB), bringing the total number of crypto assets traded on the platform ...
OKX received a license to offer spot trading in Dubai. [41] In July 2023, OKX's offshore market share rose to 11%, nearly doubling from January. [42] In August 2023, Hong Kong began issuing licenses under a new system to regulate crypto exchanges offering trading in tokens like Bitcoin and Ethereum. OKX has reported it will apply for a license ...
Illustration of a non-fungible token generated by a smart contract (a program designed to automatically execute contract terms) A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity.