The Future of NFTs: NFT Market Forecast for 2024
Switchere Blog » NFT
by blogadmin
6M ago
Over the past years, overhyped NFTs stormed into the fintech realm wildfire, captivating artists, venture capitalists, and tech enthusiasts, among others. However, the NFT market witnessed a notable downturn in 2023, leaving many to ponder the motives behind the downturn in demand. Let us delve into the multifaceted aspects impacting the downward trend in NFT demand in 2023 and ponder on the future landscape of the NFT market in 2024. Saturation and Oversupply The key driving force to the reduction in NFT demand in 2023 was the oversaturation of the market. The explosive boost of NFTs le ..read more
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Top 15 Most Expensive NFTs Ever Sold
Switchere Blog » NFT
by blogadmin
8M ago
In 2023, the most expensive NFTs are represented by various works, from living sculptures and digital artworks to virtual real estate in the metaverse. Today, anyone can create an NFT, even on free platforms. World-famous companies and thousands of private investors invest in NFTs. In 2021, NFT trading volume grew by 43,000%, reaching $26 billion in turnover. We have compiled a ranking of NFTs that made history due to multi-million dollar transactions. Find out what the most expensive NFTs are, what an NFT stands for, and why digitalization is the future in a crazy new world where a GIF costs ..read more
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How to Make an NFT: A Complete Beginner’s Guide 2023
Switchere Blog » NFT
by blogadmin
8M ago
Non-fungible tokens (NFTs) have firmly entered the global economy, becoming an integral part of the cryptocurrency market. Therefore, it is no surprise that many people are wondering how to create an NFT and then sell it at a good price. In 2021, the NFT acronym became the most searched word on the internet, according to a Collins Dictionary report. The same year, renowned artist Beeple sold his painting ‘Everydays: the First 5000 Days’ as NFT for $69 million. This is not an isolated case but a stable pattern. According to IntoTheBlock, over the past year (by the end of summer 2023), the NFT ..read more
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10 Best Free Metaverse Games to Play in 2023
Switchere Blog » NFT
by blogadmin
8M ago
Blockchain games with NFTs are now very popular and, of course, have a lot of advantages, allowing users to earn money while playing. But they have one drawback, which concerns most novice users — most games require initial investments to start playing. We have selected the top 10 NFT games with free registration and no initial investments. In these games, you do not need to buy anything — you can start completing tasks right away, interact with other players, and receive financial rewards. Let’s get started! Gods Unchained   Status: released Genre: collectible card game Entry t ..read more
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Cardano-Based NFT Startup Partnered with The Sandbox
Switchere Blog » NFT
by blogadmin
8M ago
The founders of the Clay Nation non-fungible token (NFT) project based on the Cardano network have signed a partnership agreement with The Sandbox game.  Thus, the startup made history by becoming the first company to use the Cardano blockchain and integrate its project into the digital metaverse. The company’s representatives assured that this was done to expand the capabilities and compatibility with Web3. https://twitter.com/claymates/status/1629520105322291200 The new Clay Nation developments will be created in collaboration with Singapore-based metaverse architecture ..read more
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Axie Infinity Asset Loans: MetaLend Protocol Overview 2023
Switchere Blog » NFT
by blogadmin
8M ago
MetaLend and Sky Mavis announced a partnership that will enable players of the popular blockchain game Axie Infinity to take out loans against their in-game assets directly on Ronin. NFT holders can borrow up to 30% against the value of their digital assets and continue to earn on land and Axies since they retain partial access. Axie Secured Loan for Borrowers MetaLend runs on the Ronin blockchain, and lending takes place without changing ownership. Today, one can continue to stake land plots, having received a loan. The project has settings to automate restaking. The use of staked Axies and ..read more
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Top 5 Best Metaverse Crypto Coins to Buy in 2023
Switchere Blog » NFT
by blogadmin
8M ago
After the rebranding of Facebook into Meta and Mark Zuckerberg’s statement about changing the company’s priority to creating the first global metaverse, Microsoft, Tencent, Nvidia, Epic Games, SNAP, and many other IT giants started talking about creating their own virtual worlds.  And there is no doubt that interest in this topic will only grow, as well as in projects that develop their metaverses. Let’s consider the top 5 most promising metaverses in 2023 that have already successfully created their blockchain virtual worlds and crypto coins! Decentraland (MANA) Decentraland  ..read more
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How to Make Money in Genopets: An Ultimate Guide for Beginners in 2023
Switchere Blog » NFT
by blogadmin
8M ago
From an extremely niche and unknown to the public technology, blockchain has become mainstream in 10 years. Thus, in 2023, only lazy ones did not hear about crypto. But such a demand has prompted the development of a huge amount of projects based on this technology. A notable representative of such projects is games. Let’s take a closer look at the Genopets project ― what it is, how it works, and whether it is possible to make money while playing it. What Is Genopets? Genopets belongs to the new wave of blockchain gaming. The project is still in beta testing, which anyone can join, and a full ..read more
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What Are NFT Games: A Complete Guide for Beginners in 2023
Switchere Blog » NFT
by blogadmin
8M ago
Most gamers have already heard about blockchain games or seen news related to the Web3 gaming industry. Cryptocurrency and NFTs have made a breakthrough, gaining widespread popularity over the past few years. Many gamers around the world have turned their hobby into a full-time or additional income. If traditional games still take users’ funds, then blockchain games allow you to monetize the time spent, perseverance, and high game skills. Many beginners are still skeptical about crypto games or do not understand how they work. Today, we will tell you in simple words how to start playing NFT g ..read more
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How to Make Money in Pagan Gods: Everything You Need to Know in 2023
Switchere Blog » NFT
by blogadmin
8M ago
Pagan Gods is a unique blockchain game based on Slavic mythology. The project runs on the WAX ​​protocol, using NFT cards to build gameplay, as well as its own cryptocurrency that can be exchanged for real money. Let’s find out what the game mechanics are all about and learn how to make money while playing! What Is Pagan Gods NFT Game? Pagan Gods crypto game is a combination of an ordinary computer game for entertainment with a Play-to-Earn concept. The entire gameplay is based on cryptocurrency earning; received crypto then can be exchanged for real currency within the gaming ecosystem or us ..read more
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