While a plethora of mainstream companies and sporting teams have adopted NFTs for collectables, the gaming industry is just getting started and shall need its own time to mature and grow organically. Axie Infinity and more are just stepping stones undergoing experimentation at the moment. Many are also concerned that the "manager" system of lending could backfire as the lenders get too powerful by piggy-backing on new users, indirectly hampering wealth distribution within the game.Īs the popularity of metaverse gaming and NFTs has increased, so has the interest in and growth of blockchain-based gaming projects. The value often dropped to zero for a few days, meaning errors and disconnections will continue to rise if more support isn't available soon. Higher developer activity means more engineers are working on fixing network-related activities.
Since it's based on a decentralised setup, developer commits are critical for keeping it up and running. And this is a serious issue since many players are actively considering the game to be an income source.
As a result of the errors and disconnections, players have been forced to stay away from the game. Over the past few weeks, Axie's server has seen several shutdowns. With all the fame and sudden surge of users, cracks in the game's core are now quite frequently visible. While they're supposed to help establish a unique identity, many view them as a genuine investment that'll continue to pay them handsomely in the future.Īll-time volume stats for the top 10 NFT projects as of August 9 New friends, new lands, and all-new Pokmon: Return to one of the greatest adventures Most kids spend their days at school, but not Hareta. Their volume surged to a whopping $2.5 billion in the first half of 2021. NFTs have risen radically in popularity over the past couple of years, but especially during the pandemic.