Is GameFi Dead? The Sandbox And Decentraland, Metamortals Could Be The Next 100x Token

SPONSORED POST* Surviving a bear market will mean looking to the past to see what happened during the bear market and learning from it. Looking at that past would also include following the models that eventually made new crypto millionaires in the last bull run.

Timeline of Decentraland, , The-sandbox

SPONSORED POST* At the time of writing, the NFT market is worth more than 11 billion USD. Another research report by Verified Market Research (VMR) predicts the NFT market to be worth an estimated 230 billion USD by 2030.

SPONSORED POST* Although cryptocurrency like Celphish Finance (CELP) may have begun as a risky trading strategy reserved for professionals, it has quickly evolved into a mainstream financial sector in our contemporary culture.

 SPONSORED POST* While meme tokens are known for their lighthearted approach to crypto project names and mascots, metaverse tokens have redefined virtual reality and gaming to include cryptocurrency and NFTs. These tokens have their foundation in blockchain technology, creating ecosystems to incentivize a global network of users to engage with a shared virtual world.

While it is no news that the general cryptocurrency market struggles due to the downturn of the broader financial markets, some crypto-assets appear to have been dealt the worst hand. A look at SAND revealed the token as one of the most hit by the downturn over the past few days.

Meme coins are the fun-givers of the cryptocurrency market, with several fashioned after the first-ever meme coin, Dogecoin (DOGE). However, meme coins have grown from ordinarily promoting the use of memes to mock cryptocurrencies, to now incorporating use cases such as play-to-earn games, as you'll find in virtual spaces like Decentraland (MANA).

The popularity of cryptocurrencies is growing quickly. Following Bitcoin's unexpected success, lots of new cryptocurrencies have entered the cryptocurrency market and have eventually acquired market prominence, providing investors with limitless potential to earn thrilling returns on investment.

SPONSORED POST* It is not out of place to state that the world is currently experiencing a meme season. Social media has ensured the survival and successful widespread use of memes. Memes are disseminated on social media platforms such as Instagram, WhatsApp, Facebook, and lately, Tiktok.

Holders of NFTs from some popular collections will be able to play as avatars based on their NFTs in The Sandbox's Alpha Season 3. The post Bored Apes and Moonbirds to get playable avatars in new Sandbox season appeared first on The Block.

Blockchain-based mobile game Spells of Genesis (SoG) announced taking the next development step by introducing Askian Door social hub in the Sandbox metaverse. The estimated launch date is September 30th.

Swiss-based game studio EverdreamSoft (EDS) that looks to promote blockchain and digital collectibles integration within the gaming ecosystem, has announced its Spells of Genesis (SoG) social hub on The Sandbox (SAND/USD). Spells of Genesis is a pioneering mobile-based blockchain game, and part of EverdreamSoft's growth within the Metaverse space.