Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Companies involved in blockchain and cryptocurrencies are thinking about changing the names of concepts like crypto, NFT, blockchain, Web3. Web3, Blockchain and NFT Projects are urging to Stop Calling it Crypto as it has become “Old school."Big companies are abandoning terms like NFTs and Web3, partly due to the bad name and bear market. Words and names have had huge importance in commerce and the economy since the inception of the crypto market. There was a time when companies used to add the “blockchain” word to their names and would see their valuations skyrocket. But now these terms have turned into toxic words, and people are trying to distance themselves from them. If you are looking for NFTs on social media, you will have to search for “digital collectibles” instead of NFTs; otherwise, you might never find one.Brynly Llyr, head of blockchain and digital assets of the World Economic Forum, recently suggested that the crypto market should renounce old names. And instead, rebrand itself as “decentralized systems.” If you think about it, it’s not that bad of an idea at all, as these terms and jargon have turned into a safe haven for all the digital pirates. A big Bitcoin mining company, known as Riot Blockchain, has recently rebranded itself and is now called Riot Platforms. Sounds funny, right?

The RobotEra presale sets this upcoming Web3 metaverse game for a solid launch, Its TARO token pre-sale is live; learn more about it.

Security is a serious concern when it comes to the crypto and the Web3 industry. Many have lost billions in crypto hacks, cyberattacks, and scams owing to the decentralized nature of Web3.

Despite crypto lurking in abyss, many powerful investment institutions are confident in crypto and Web3 and want to include cryptocurrency in their investment portfolios, read more.

Mirandus is a flagship game of Gala and is a promising MMORPG metaverse game. The blockchain game has a super talented and experienced team of developers working on it. Its team comprises top developers from Fable, Fall Out, World of Warcraft, and more.

According to recently confirmed reports, this year’s Super Bowl will not feature any crypto advertisement. The advertisement deals fell apart due to FTX’s collapse and resultant bankruptcy. Fox Sports confirmed the news by saying that this year there is “Zero representation” for crypto companies in the ad lineup.

Web3 and crypto sectors suffered a massive downfall in 2022 with blockchain projects crumbling and investments almost freezing. Raging crypto winter deterred investors and a number of VC deals paused for a moment.

As the year 2023 starts, financial experts and cryptocurrency advisors are eyeing the bullish behavior of bitcoin and predicting a massive surge that will surely make or break cryptocurrency investors. Bitcoin has already seen a decline, which has led to rumors that the mini-bull run is over. However, bitcoin will follow the bullish run that will result in the rise of other digital assets too.

Epic Games’ Tim Sweeney is a staunch supporter of Web3 and sees metaverse as the future of the internet. Recently, Tim Sweeney shared his thoughts on the metaverse, crypto, and the antitrust debate associated with it. Speaking about the creation of the metaverse, Sweeney is positive about the creation of the metaverse over the next decade.The creation will take place over the foundation of open systems, open standards, and no walled gardens where companies will work together on mutual respect of customers. The metaverse will allow players to jump from one ecosystem to the other without any concerns whatsoever.Sweeney related the working of future metaverse with how the world interacted with each other in the early days of the web.

Gamefi is the most trendiest niche in the cryptocurrency industry at the moment, no less than a gold rush.

The recent addition of capital of blockchain is Dragonfly Capital’s third funding round. The focus is on investing in crypto-based projects

NFT and crypto integration in video games have a love-hate relationship with the gaming communities around the world.

Blockchain Technology, Video Games equals Earning Opportunities for every gamer! Play To Earn (P2E) Opportunities are all over in 2022.

After China and Korea crusades against the crypto industry, India also plans to follow suit. At the end of 2021, India announced a bill

Metaverse, NFT's, and cryptocurrencies have become massively popular. Many big names have already announced their plans to create a metaverse.