website logo
Español日本PortuguêsTiếng Việt
⌘K
INTRODUCTION
Gateway to the Metaverse
METAVERSE
Opportunity
Problem
Solutions
BUSINESS MODEL
P2E & NFTs
Asset Management
Utility NFTs
MAGE TOKEN
Key Features
Tokenomics
Airdrops
ORGANIZATION
Roadmap
DAO
Capital Distribution
Glossary
Disclaimer
Legal Notice
Docs powered by archbee 
5min

Opportunity

Emerging Markets

NFTs & Play-to-Earn Gaming Non-fungible tokens, play-to-earn gaming assets, and metaverse-based ecosystems are still in their infancy, yet they have had a massive disruption in existing financial, social, and gaming systems over the past few years. According to DappRadar, NFT sales hit an all-time high during the second quarter 2021, at roughly $1.24 billion dollars. These statistics are inclusive of a variety of blockchains and not limited to just Ethereum, which still serves as one of the most popular blockchains for minting and trading NFTs.

Top Projects

Type

All Time Volume / MC

ROI since public sale

Axie Infinity

Play-to-Earn

$7,545,212,124

119,182.09%

Decentraland

Metaverse

$1,479,249,520

3,097.89%

CryptoPunks

Collectible

$1,257,465,462

125,746%

Art Blocks

Collectible

$901,974,555

2,257%

The Sandbox

Metaverse

$686,795,838

9,094.63%

Bored Ape Yacht Club

Collectible

$552,197,256

418.75%

YGG

Play-to-Earn

$370,634,890

474.62%

Illuvium

Play-to-Earn

$309,283,765

1,529.18%

Star Atlas

Metaverse

$273,236,397

9,048.50%

*Information and data in the table above acquired from CoinMarketCap.





Non-Fungible Tokens (NFTs)

As the world becomes more fascinated with NFTs, we are witnessing incredible opportunities for diverse demographics among people. This industry and niche market is no longer limited to only technology experts and developers, it is also reaching entirely new audiences. On August 31 2021, there were roughly 682,000 sales of NFTs recorded (source: nonfungible.com). If you compare this to the previous year, the data reflects an approximate increase of 1,170%.

source: dappradar.com
source: dappradar.com



Play-to-Earn Gaming (P2E)

Play-to-earn gaming has given NFTs a more robust utility and purpose. Players can now own these unique game assets, which they can use to play, lease, or sell. Popular, recent trends in this space focus on leasing assets to other players in order to earn a passive income. Both Axie Infinity and Splinterlands are popular play-to-earn games that support this type of model, in their own unique ways.

source: dappradar.com
source: dappradar.com




Updated 03 Mar 2023
Did this page help you?
Yes
No
UP NEXT
Problem
Docs powered by archbee 
TABLE OF CONTENTS
Emerging Markets
Non-Fungible Tokens (NFTs)
Play-to-Earn Gaming (P2E)