NFT, Decentralized Gaming Applications Surge to 800,000+ In Q3 of 2021: Report

NFT, Decentralized Gaming Applications Surge to 800,000+ In Q3 of 2021: Report, updated 11/4/21, 10:24 PM

NFT news source, WAX Piggy, releases a new report on Axie Infinity and its projected growth for the last few months of the year. The website offers regular updates on WAX and other gaming initiatives. Learn more at https://www.waxpiggy.com/axies-collectibles-drive-axs-token-ath-nft-sales-grow-p2e-dapp-player-volume 

Tag Cloud

NFT, Decentralized Gaming Applications Surge to
800,000+ In Q3 of 2021: Report
Join us, WAX Piggy, to hear the latest news and be kept up-to-date on
what is happening in the world of WAX and related gaming, earning
and artistic initiatives! 
Cryptocurrency analysts project the continued rise of the
AXS token as sales for various gaming decentralized
applications surge to close to 800,000 active wallets in Q3
of 2021.
Our new report speculates that the increase in
gaming activity is largely driven by in-game non-
fungible tokens.
One reason for NFT popularity
may be due to its inherent
uniqueness.
Unlike cryptocurrency which can use
utility tokens that can be traded for one
another, NFTs carry a distinctive code
as they represent an actual consumer
product.
The Worldwide Asset eXchange (WAX), otherwise known as the "King of
NFTs", is the world's leading blockchain, as measured by the number of
users and transactions.
Within WAX, users can easily
stake their NFTs in a secure and
environmentally-friendly
environment.
One such example is the Axie Infinity
metaverse, where you can collect and
raise "Axies", which are virtual creatures
sold as NFT.
These creature NFTs can be used in both Player-vs-
Environment (PvE) or Player-vs-Player (PvP) battles in the
game.
Leveraging on the rapidly evolving
online gaming industry, Axie Infinity
has revolutionized the way you play
and interact with fellow gamers.
Disclaimer: This information does
not constitute investment advice or
any other kind of advice.
Keep updated by going
to the link in the
description.