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$BTC $BNB #BinanceWish
The NFT- based Web3 gaming ecosystem is set to account for nearly $614 billion in revenue by 2030, according to a new insights report.
The Fortune Business Insights report says that the blockchain gaming ecosystem will grow by nearly 300 percent from its current valuation of $154 billion in the next seven years.
Also read | Blockchain may hold the answer to fixing a $2.2 trillion FX risk
Players will be able to earn passive income by trading NFT's , and in-game asset sales have grown at a rate of 21.8 percent between 2017 and 2021.
"The convergence of blockchain technology and NFTs has led to the evolution of the gaming industry,” the report says. "With the adoption of NFTs in blockchain technologies, gamers can have more ownership and productive making opportunities. This also helps generate economic returns on their time invested in gaming sessions, fueling the growth of the market.
#BTC
#NFT
#BNB
The NFT- based Web3 gaming ecosystem is set to account for nearly $614 billion in revenue by 2030, according to a new insights report.
The Fortune Business Insights report says that the blockchain gaming ecosystem will grow by nearly 300 percent from its current valuation of $154 billion in the next seven years.
Also read | Blockchain may hold the answer to fixing a $2.2 trillion FX risk
Players will be able to earn passive income by trading NFT's , and in-game asset sales have grown at a rate of 21.8 percent between 2017 and 2021.
"The convergence of blockchain technology and NFTs has led to the evolution of the gaming industry,” the report says. "With the adoption of NFTs in blockchain technologies, gamers can have more ownership and productive making opportunities. This also helps generate economic returns on their time invested in gaming sessions, fueling the growth of the market.
#BTC
#NFT
#BNB
#MyFirstFeedPost Hello, Binance Square!
Hi Bitcoin and Other Crypto Friends,
Bitcoin (BTC) opened the trading week marginally higher, trading above $41,000.
Ether (ETH) was also up slightly, trading above $2,100.
Data from Reports have been $103.5 million in liquidations of token-tracked futures in the past 12 hours, and $95 million of them have been longs, or bets on higher prices.
Of the $103.5 million in total liquidations, $33 million in bitcoin positions were liquidated, with $29 million of those being long bitcoin positions.
Hi Bitcoin and Other Crypto Friends,
Bitcoin (BTC) opened the trading week marginally higher, trading above $41,000.
Ether (ETH) was also up slightly, trading above $2,100.
Data from Reports have been $103.5 million in liquidations of token-tracked futures in the past 12 hours, and $95 million of them have been longs, or bets on higher prices.
Of the $103.5 million in total liquidations, $33 million in bitcoin positions were liquidated, with $29 million of those being long bitcoin positions.