NFTs existed prior to 2021, but it was last year that digital art exploded in the blockchain space, and digital artists shone in the NFT spotlight. While the crypto world became an exciting place to be, a new generation of NFT artists entered the world’s largest artistic movement to date. Crypto investors are having a difficult time in January 2022, as the price of Bitcoin (BTC) and other cryptocurrencies continues to fluctuate wildly. Some have blamed the drop on the Federal Reserve’s recent announcement of additional rate hikes, as well as political unrest in Kazakhstan, which drastically reduced Bitcoin’s hash rate. The price of Bitcoin fell below $42,000 on January 14 as traders hoped for bullish signals. It appears that while the crypto market continues to struggle, the NFT space  is witnessing incredible surge in trading volumes and interest. NFT & GameFi In Sweet Month A new report has shown that NFT and GameFi transactions continued to rise despite falling crypto prices. The report by Dappradar noted that “the number of UAW connected to Ethereum NFT DApps has grown by 43% since Q3 2021,” according to the research. The money generated by NFT trading increased from $10.7 billion in Q3 2021 to $11.9 billion in the first ten days of 2022, according to the research. This rise could also be attributed to recent advancements in the NFT arena, such as the establishment of the LooksRare marketplace. “Blockchain games continue to be widely used,” according to the report, noting that they “represent 52% of the industry’s usage.” The case for blockchain games to continue developing during 2022 has been enhanced by expanding metaverse technologies and the growing success of the play-to-earn model. Data from Dune Analytics revealed OpenSea, the leading NFT marketplace, generated approximately $2.7 billion in volume in the first half of January, on track to beat the $3.4 billion high it set in August. OpenSea had its highest single-day volume of $261 million dollars on January 9. So far in January, OpenSea has surpassed $150 million in trade volume on a daily basis. OpenSea daily volume on Ethereum. Source: Dune Analytics   Related article | OpenSea Transaction Volume Shows That NFTs Are Not Slowing Mason Nystrom, a senior research analyst at Messari, believes the NFT market is in a better position than recent cryptocurrency price moves suggest. Nystrom noted that: “The cryptomarkets are fairly correlated – the market tends to rise and fall with Bitcoin. This has made it surprisingly interesting over the recent downturn as the NFT market has continued to increase in volumes. OpenSea has recorded $2.3 billion in NFT volume in January so far, on pace to break its monthly volume record if volumes continue.” Market Reflects Growing Interest During this market downturn, Chinese consumers have shown a growing interest in NFTs and blockchain gaming, which aligns with recent Chinese announcements that the government will begin building its own non-crypto NFT. “China is now the country with the most extensive user base…increasing 166 percent from the numbers registered in November,” according to DappRadar’s research. Crypto Market Cap Stands at $2 trillion. Source: TradingView Despite the near-term volatility that NFTs may experience as a result of current market conditions, the nature of these digital assets may lead to a decoupling of prices within crypto marketplaces. Despite the fact that the United States is currently ranked second in terms of overall traffic, the country added 175,000 new members to the NFT ecosystem, representing a 38 percent increase. This is due in part to a rise in interest among younger audiences, as Millennials and Generation Z begin to account for a larger share of traffic. Related article | a16z, Mark Cuban invest $23 million in NFT platform OpenSea Featured Image from Unsplash | Charts by Dune Analytics, and TradingView

Until now, NEAR Protocol has quietly grown as a scalable, proof-of-stake network.

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Quick Take

• This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
• In an attempt to topple the leading platform in the space, NFT marketplace, LooksRare, launched its operations and made quite a splash with NFT traders and investors
• As a testament to the constantly changing nature of the space, the NFT market witnessed many changes of leadership recently

Players can now explore fun blockchain games, interactive social networks, and a wide range of products and services with complete autonomy. Curtis Sword also offers union members a brand new opportunity to discover their self-worth and dedicate themselves to this new "Meta Universe."

Curtis Sword Assets Economy

You will find three types of assets on the blockchain: Curtis Sword Coin (CSC), GOL (Gold), and NFT props. CSC is mainly used for on-chain activities, including NFT equipment purchase, upgrades, transactions, and character items. Pledge mining, etc.

GOL (Gold) is the game's token. On the map, it is accessible to all players. It can take many different forms. The main goal is to invest in the treasure mine by trading with NPCs like blacksmiths and merchants. GOL is primarily used for in-game activities such as the majority of gold output income, the purchase of copy tickets, and so on.

NFT is the game's third-largest economy. You can directly exchange CSC tokens from ordinary blind boxes and mysterious blind boxes for unknown NFT items. Simultaneously, you can sell your NFT items or buy other items in the NFT market. NFT items, which means that you can get calculable income during the battle and unexpected NFT item income. These items will yield high returns because of their rarity and combat power value.

Tokenomics

In the world of Curtis Sword, there are two digital currencies: Curtis Sword Coin (CSC) and Gold (GOL). As a result, to ensure the scalability of the Curtis Sword game, the platform requires some physical token group allocation.

The total number of CSC tokens available is 210,000,000. The maximum daily output is 120,000. The production reduction mechanism will be activated when the output reaches 105,000,000, and Sword Coin will reduce the daily production to 60,000. The platform will trigger the production reduction mechanism again if the output reaches 157,500,000, and the daily output will drop to 30,000, and so on.

GOL tokens have a maximum supply of 100,000,000,000. GOL is an online currency that can be explored, bought, traded, and exchanged in the Curtis Sword universe. It also entails more significant risks and economic fluctuations, necessitating an ample supply to ensure that each player has enough to use in the Curtis Sword universe. 

The total maximum supply of GOL tokens in the game is capped at 100,000,000,000 GOL, making them easier to obtain and more practical than CSC.

Join to Play Curtis Sword!

Everyone has the same opportunity, and by starting with the same fundamentals, you can develop your own game style by selecting the props you equip to increase game fun and revenue efficiency.

Each section of the off-chain game terminal is based on the role played: battle through levels, copy drawing, tower of ash (survival mode), ladder competition (ranking mode), and treasure mine (pledge mining). The rank and combat power calculation formula can yield the corresponding gold profit. The initial investment cost's payback period is currently 10 to 15 days.

About Curtis Swords

Curtis Sword is the first 3D NFT ARPG game on the blockchain, seeking to redefine metaverse gaming. The game is available on mobile phones, in both the IOS and Android versions. It is a P2E gaming ecosystem, where players battle tough bosses and earn NFTs that are worth lucrative profits. The collection of NFTs yields rewards that are backed by digital currency-asset returns.

You can get more information on the game at their;

Website: https://www.curtisswords.xyz/

Telegram: https://t.me/curtissword

Twitter: http://twitter.com/curtissword_nft

Medium: https://medium.com/@curtissword1

Discord: https://t.co/pbpp1eVNAY

Youtube: https://youtu.be/QYsMzxl15yk

NFT holders are welcome at Flyfish Club. According to the introduction on its main site, the New-York-based gourmet restaurant Flyfish Club is the world’s first fine dining restaurant for NFT holders. Members of the club are welcome to experience the highest standards in the restaurant service industry. First Exclusive-NFTs Restaurant To join the private dining [...]

The post Flyfish Club: A Restaurant Just For NFT Holders Opens Today appeared first on Blockonomi.

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