NFT sales and blockchain games continue to grow despite the recent market slump: Report

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The NFT and gaming communities are not going to let a little market slump ruin their party. In fact, reports show that they are doing just fine, thank you very much.

Nonfungible token trading and blockchain games, on the other hand, seem to have resisted the dip.to reports from DappRadar, NFT transactions continued to increase amid declining crypto prices. The report stated that “the number of UAW connected to Ethereum NFT DApps grew by 43% since Q3 2021.” Numbers from the report also show that the money generated by NFT trading went from $10.7 billion in Q3 2021 to $11.9 billion in the first ten days of 2022.

Even though the United States is now second in terms of overall traffic, the country still saw 175,000 new users in the NFT ecosystem, a growth of around 38%. This comes in part from the growing interests among younger audiences as Millennials and Generation Z start to account for a higher percentage of traffic.

DappRadar reported that “30% of its traffic came from users from this age group… [with millennials] growing from the 36% observed from last year.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CosmicChamps Polemos is rising to the top of the GameFi wave and we're connecting the metaverse along the way! GameFi2022 RevolutionInGaming

Time to dexioprotocol show off in this year

$KMC went up 8% while everything dropped so yeh we doing fine

PUSHCOIN_NFT Жадность будет на пике , если вы пропустите этот койн. Не ловите fomo покупайте AidiToken и смотрите белую бумагу aidiverse.com aidi aidifinance aidicraft Bitfinex Bitcoin Crypto cryptotwitter dogecoin cryptorobot Ethereum criptocurrency XRP cryptobot BNB

AlienWorlds As the Lunar New Year approaches, you can visit Uquid's eCommerce platform and purchase a variety of discounted things.

BabyDoge BabyDogeCoin BabyDogeArmy BabyDogeFamily

AssetCoin aims to become the leading Cryptocurrencyfor Social media Using Blockchain DApps with AI Based service providers marketplace. Free 300Assetcoin

exactly, and citrustech_ will be unleashing the full potential of crypto gaming

HeliumInu is staying strong throughout whatever the market feels like doing - with an NFTGame on the way. A BSCGem that pays BUSD reflections. IYKYK

AlienWorlds ShibaSpooky elonmusk

Money doesn't just disappear during the dip, they are taken out and place in another place of interest. The last dip we had in early 2021 saw NFTs booming, now there's another dip and Nfts are booming, showing that NFTs and coins have an inverse growth relationship.

And giftbag_io in BSC Network will help everyone getting bullish. An NFT NFTCollection which is looking very hot. Mint this out!

Hey my new NFT just listed Check it out

With Altura Smart NFTs, gamers can actually own their in-game asset $ALU altura_nft also has NFT Marketplace, Lootboxes & Staking platform! With Developer Portal, Altura provides a very simple API for game developers to integrate with these Smart NFTs and change their properties

🔥🔥🔥🔥

Randy_Joe4

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shoe company Crocs is eyeing an NFT play, according to trademark applicationCrocs, the popular shoe company, is looking to get into NFTs, according to a trademark application filed on January 11. Popular shoe brand crocs is looking to move into NFTs. acrocalypseNFT im in IcedQuad
Source: TheBlock__ - 🏆 464. / 53 Read more »