NFTs, the Metaverse, and Gaming: Where Are We Now and Where Are We Going?

Written by dankhomenko | Published 2022/06/23
Tech Story Tags: future-of-gaming | nfts | metaverse | blockchain-technology | nfts-and-the-metaverse | hackernoon-top-story | non-fungible-tokens | blockchain-gaming | hackernoon-es | hackernoon-hi | hackernoon-zh | hackernoon-vi | hackernoon-fr | hackernoon-pt | hackernoon-ja

TLDRNFTs, or ‘non-fungible tokens’, are digital records of ownership that exist on a blockchain. The highest offer for the NFT on OpenSea as of late June stands at just 2 ETH, which is still a long way off from the initial asking price of $48 million. Goldman Sachs likened NFT auctions to the sale of rare Pokémon cards, complete with comparisons to the hard-to-predict fluctuations in price. NFT-based property rights on the blockchain have been seized upon by the blockchain gaming industry which creates digital in-game items in NFT form.via the TL;DR App
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Written by dankhomenko | Co-founder & CEO at Sidus Heroes. International entrepreneur with a global vision for innovation.
Published by HackerNoon on 2022/06/23
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