Imagine a group of small islands dotted around an area of an ocean. Each island has a small settlement of people, going about their business and living as best they know how. But there’s a problem. One island has wood but little food. They can build rudimentary huts but can scarcely eat. Their closest island has plenty of food but no wood, so they lack shelter. A third island has wood and food but no hay for their animals. Another island is brimming with hay but little coal to light fires. However, the island with the wood does have coal reserves. Then, one day, someone has an idea. Why not bu ..read more

Featured image: R2-Rewards.com So you’ve got a nice collection of non-fungible tokens (NFTs). After a few months, you have managed to amass a respectable amount of those little digital wonders. You might have been able to sell one or two, earning you enough for a couple of cups of coffee in your nearest franchised outlet. But as you take sips off that hard-earned coffee and browse through your NFT portfolio, you can’t help but wonder about the value hidden there, just waiting to be uncovered.  The question is, how to unlock the value in those NFTs?  NFT staking: definition When they ..read more

With the gaming market set to grow at 13.4% yearly until 2030, gaming is bigger than ever. And in a digital era marked by blockchain innovation, GameFi emerges as a game-changer, blending gaming with Web3 technologies. This article sheds light on what GameFi is, explaining its core elements, the exciting opportunities it offers players and publishers in Web3 Gaming, and the complex challenges it faces. GameFi isn’t just a passing trend; it’s a dynamic system that lets players earn while they play, provides publishers with new ways to make money, and creates special communities. But it also nee ..read more

With the gaming market set to grow at 13.4% yearly until 2030, gaming is bigger than ever. And in a digital era marked by blockchain innovation, GameFi emerges as a game-changer, blending gaming with Web3 technologies. This article sheds light on what GameFi is, explaining its core elements, the exciting opportunities it offers players and publishers, and the complex challenges it faces. GameFi isn’t just a passing trend; it’s a dynamic system that lets players earn while they play, provides publishers with new ways to make money, and creates special communities. But it also needs to deal with ..read more

The advent of blockchain technology circa 2008 was the starting shot for deep changes in how business is conducted across many sectors. From supply chain to entertainment, decentralised technology is finding its way into more and more use cases every day. The gaming industry is no exception. Blockchain now supports the Play-to-Earn (P2E) model, in which gamers can monetise their assets. This article explains the history of P2E and its mechanics and offers a comprehensive guide to help developers understand the concepts that underpin P2E models. A look back in time The year 2013 was chock-full ..read more

Featured image: R2-Rewards.com So you’ve got a nice collection of non-fungible tokens (NFTs). After a few months, you have managed to amass a respectable amount of those little digital wonders. You might have even been able to sell one or two, earning you enough for a couple cups of coffee in your nearest franchised outlet. But as you take sips off that hard-earned coffee and browse through your NFT portfolio, you can’t help but wonder about the value hidden there, just waiting to be uncovered.  Question is, how to unlock the value in those NFTs?  NFT staking: definition When they he ..read more

Public blockchain technology evolves at a rapid pace. Bitcoin, which officially released in 2009, already feels ancient compared to modern-day blockchain technology when looking at it from a technological perspective. In this article, we take a look at the WAX blockchain and what it has to offer, and look into if it is a suitable option for the next generation of NFT and GameFi projects and platforms.  What is WAX? The King of NFTs Let’s start with an explanation of the WAX blockchain first. WAX describes itself in the following way: “WAX is the most used and transacted blockchain ecosyst ..read more

The blockchain world moves at an incredible speed with technological breakthroughs being the norm instead of a once-in-a-lifetime event. Therefore it goes without saying that the applications being built on top of these blockchains are moving very fast as well. While blockchain started as a novel technology only being used in Bitcoin, the development of the technology has led to the adoption in almost every industry and this has created a case for blockchains targeted at specific use-cases and industries, in order to better serve specific needs. But this has also led to these blockchains being ..read more

Imagine a group of small islands dotted around an area of an ocean. Each island has a small settlement of people, going about their business and living their lives as best they know how. But there’s a problem. One island has wood, but little food. They can build rudimentary huts but can scarcely eat. Their closest island has plenty of food though, but no wood, so they lack shelter. A third island has both wood and food, but no hay for their animals. Another island is brimming with hay, but little coal to light fires. The island with the wood does have good coal reserves though. Then, one day ..read more