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

Blur dominates the NFT marketplace and OpenSea trials; this article checks some of the facts and happenings in the Web3 NFT industry 2024. The hype was real surrounding the airdrop, as Blur has dominated OpenSea's NFT trading volume. According to Dune Analytics statistics, the marketplace had a volume of $601 million over the past seven days compared to the $104 million of OpenSea. These numbers correspond to Blur Marketplace controlling an 85.2% market share compared to OpenSea's 14.8%.Daily volume numbers are also evident in this comparison. According to DappRadar statistics, Blur achieved a trading volume of $98.6 million in the last 24 hours. While OpenSea, in second position, only managed $17.92 million. Additionally, compared to OpenSea, its daily average transaction price has consistently been greater.It's important to note that Blur has designed its incentives strategy to avoid rewarding volume in order to discourage wash trading. By tweaking its royalties reward structure, the market has attempted to bypass OpenSea's constrictive approach. This policy change is a defensive measure designed to safeguard its survival as it was forced to make this decision as a result of OpenSea's non-competitive position. Blur and OpenSea do not pay royalties to the same creator on both platforms.

NFTs are in the news once again with Spotify and the NBA making use of them in their respective Web3 projects; read more about this! NFTs (non-fungible Tokens) are making a huge comeback after a brief (and unexpected) fall in their popularity graph. With the recent buzz around NFTs, on-chain development, and the latest developments in the sector, almost every major sector is making efforts to be some kind of part of it. Some huge brands, including Spotify and the NBA, are pursuing and investing in NFTs. Here are some of the latest developments going on in the NFT sector: Spotify has been a huge revelation in the field of the music industry. Their business ideas and marketing strategies have been second to none. After finding huge success in the conventional music industry, they have now turned their attention to the world of NFTs. On Wednesday, Spotify acknowledged a new integration on its music platform. It includes music playlists with token functionality that only a small group of users can access. Token holders will access the community playlists created and curated by the participating NFT organizations and communities. In order to achieve the objectives, they have joined forces with some big Metaverse groups, including Overlord and Kingship.

According to DappRadar on January 23, video gaming activity accounts for nearly half of all blockchain activity; read on for more interesting facts.

The partnership between India’s Loco and Avalanche will create esports and streaming services using Avalanche’s blockchain technology

Gods Unchained is a popular blockchain trading card game with valuable NFT card collections. Some of these collections are talked about here.

YouTube's new CEO, Neal Mohan, is bullish when it comes to Web3; check out his views on NFT, metaverse, and Web3.

Crypto games and NFTs complement each other because they provide players and owners of digital collectibles with additional ways to earn money. Now, let's take a look at some of the best gaming-related NFT collections available on the Binance NFT Marketplace right now.

Trident is an upcoming blockchain Web3 ecosystem bringing fun games based on the "Risk to Earn" gaming model. Learn more about this approach.

The introduction of NFTs and in-game finance has revolutionized the gaming experience, attracting the masses that weren’t that much in the gaming world. People were hesitant over spending money on in-game items even before the introduction of NFTs.

Square Enix’s Web3 project Symbiogenesis has updates. It partners with the Polygon blockchain network to offer players fast, secure transactions. An experience centered around digital collectible art and a virtual turn-based adventure will be created through Symbiogenesis.

NFTs are rising from the dead, well heck! It wasn’t dead in the first place. The lifeless body of the NFTs market has started twitching and rising. Ladies, and gentlemen! NFTs are alive, well, and kicking. The recent NFT trade activity in the marketplaces has defied the reports that NFTs are gone forever. We have our hands on NFT sales data for the month of January 2023 which a lot of NFT critics won’t like.

Web3 gaming company, Limit Break, announced that it invested $6.5 million in a commercial promoting its anime-themed game project, DigiDaigaku. Investing such a huge amount is justifiable given the millions of eyeballs sticking to the screens in American region. Moreover, it was also a big deal as it was the lone Web3 ad that got the space in the mega event. The advertisement showcased a free Ethereum NFT mint

Sidus Heroes is a sci-fi, futuristic, galactic metaverse NFT game where you play, earn, and own. The storyline is gripping and takes us to a distant future where there are three unique races each having special characteristics. Additionally, the game offers NFT heroes which you can pin against other players in a 3v3 battle arena.

Discover promising play-to-earn startups in the crypto bear market. Our detailed analysis highlights top blockchain gaming startups with innovative ideas, taking into account important factors like liquidity, active user numbers, and in-game assets cap.

These tools can assist you in discovering NFT rarity, exploring new NFT projects, monitoring whale wallets, making informed investment choices, and ultimately, becoming a critical component in your due diligence process. After all, who wouldn't want to be in the right place at the right time to discover the next Bored Ape NFT?