axieinfinity
Axie Infinity (AXS) made a lot of people rich… temporarily. In 2020–2021, the crypto token shot from about 14 cents to above $150… handing out a mind-boggling 107,000%+ return… in just one year. Q1 2022 hedge fund letters, conferences and more That’s 300% more than the average Filipino makes. It’s equivalent to an American making $160,000 a year playing video games. Keep in mind, these players weren’t professional gamers. They weren’t part of an esports team. And they didn’t receive money from sponsors. They simply got paid for playing a video game. Amazing, right? Unfortunately, like many uns...
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New research can today reveal the biggest play-to-earn crypto games dominating the scene – with market caps of over $15 billion and interest increasing up to 717,000%! Q1 2022 hedge fund letters, conferences and more Top 5 Crypto Games With The Highest Market CapOnlyfive games have a market cap in the billions, and only two in the tens of billions: Axie Infinity has a fully diluted market cap of almost $16 billion, which is over ten billion more than third-placed Decentraland. The average market cap value of all the crypto games studied is $1.25 billion. The Top 5 Trending Crypto GamesCryptoMi...
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New research can today reveal the environmental impact of NFTs – with over 32 million trees needed to offset the emissions created by the world’s biggest NFT collections… Q4 2021 hedge fund letters, conferences and more The Environmental Impact Of NFTsThe experts at NFT Club have analysed the energy consumed over the lifespan of an NFT, to reveal how many trees are required to offset the CO2 emissions produced as a result of creating and purchasing the digital artwork. The researchers also createda new calculator that reveals how much impact your NFT portfolio is having on the environment and ...
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2021 has been a record year for the crypto market, which briefly hit the $3 trillion mark in November. Both Bitcoin and Ether, the top two cryptocurrencies by market value, hit all-time highs last year, while many other altcoins, such as dogecoin, gained massive popularity. Let’s take a look at the ten best performing cryptocurrencies of 2021. Q3 2021 hedge fund letters, conferences and more Ten Best Performing Cryptocurrencies Of 2021For our list of the ten best performing cryptocurrencies of 2021, we have used the return data from coinmarketcap.com. Below are the ten best performing cryptocu...
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Crypto stood before Congress two weeks ago… The CEOs of six crypto businesses testified in a highly anticipated session in Washington, DC. Q3 2021 hedge fund letters, conferences and more Republicans and Democrats grilled them on blockchain technology, digital dollars, and regulation. But one thing really stood out to me while listening to the hearing. It lasted almost five hours, and guess what was hardly mentioned? Bitcoin. To the average guy on the street, crypto is bitcoin. Bitcoin's Dominance Is SlippingBut if you’ve been following RiskHedge, you know the truth:Bitcoin is old news. In thi...
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In 2021, non-fungible tokens (NFTs) appear to have captured the holy grail of crypto: Attention and mainstream adoption. From Beeple’s $69 million digital art auction to the Filipino community riding the pandemic storm on income from Axie Infinity, NFTs have been everywhere this year. Q3 2021 hedge fund letters, conferences and more Even the Economist caved in and minted an NFT, which it subsequently sold for $420,000. However, the media outlet had to jump through numerous hoops and involve multiple parties to create it, describing the user experience as “lengthy.” Still, the blockchain commun...
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Esports-focused video blockchain protocol Verasity has partnered with Play to Earn blockchain game Axie Infinity for the FTX GalAxie Cup 2021. As a result of the partnership, Axie Infinity will utilise Verasity’s video streaming and patented blockchain technology. The blockchain game’s first esports tournament boasts roughly £480,000 worth of cryptocurrency in prizing. RELATED: Blockchaining esports Axie Infinity is a highly popular NFT-based Pokemon-style game built on the Ethereum blockchain. The game notably popularised Play to Earn, an emerging video game business model where users can ear...
Esports Insider
When RiskHedge chief analyst Stephen McBride told me he was launching a crypto service, my first thought was… Q3 2021 hedge fund letters, conferences and more The timing could not be more perfect. The Crypto Market Is Sitting On The LaunchpadAs I’ll show you today, the charts tell me the entire crypto market is sitting on the launchpad. The crypto space hasn’t looked this primed to surge in a long, long time. If you’re new to RiskHedge, I’m a professional trader. I use price, volume, and other “charting” indicators to identify assets before they take off. Today, let’s look at the crypto market...
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$66,383. That’s how much one bitcoin will set you back as I write on October 21. Q3 2021 hedge fund letters, conferences and more Bitcoin Is Up 127%It’s by far the world’s best-performing major asset in 2021… up 127%... And now bitcoin is trading at its highest price EVER: But here’s the most surprising part… Bitcoin’s only the 37th best performing crypto this year! In other words, dozens of other little-known cryptos are outpacing bitcoin. Like Helium (HNT), up 1,578%... Quant (QNT), up 2,561%... Terra (LUNA), up 6,045%... and Axie Infinity (AXS), up a whopping 20,915%. Most folks can’t name ...
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Blockchain technology has revolutionized the gaming space. By bringing in its “decentralized” nature, blockchain technology has come up with an entirely new way of interacting with gamers. Another benefit of blockchain technology is the introduction of the play-to-earn concept. Basically, it allows gamers to be rewarded with in-game assets. Moreover, it gives gamers control and ownership over in-game assets, and in turn, a chance to increase the value of their assets by playing the game. These assets could range from gaming tools, weapons or cryptocurrencies, or any other in-game assets that c...
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