Blocknative, the real-time blockchain infrastructure company, announced it has launched beta support for Fantom, a layer-1 EVM-compatible blockchain across its core mempool data platform, empowering Web3 developers, dApps, and traders within the Fantom ecosystem to leverage critical, pre-chain infrastructure to improve user visibility and experience. For Fantom developers and dApps, the partnership unlocks new capabilities […]
The global cryptocurrency market size was valued at $1.49 billion in 2020 and is projected to reach $4.94 billion by 2030. According to the latest estimates, there are more than 17000 cryptocurrency tokens available in the world. An increase in the need for operational efficiency and transparency in financial payment systems, data security, and improved market cap are the major factors that drive the growth of the global cryptocurrency market. The number of altcoins in the market has exploded, and with Ethereum hitting its all-time highs in 2021, the future looks promising as more adoption of blockchain technology takes place. […]
At Coinbase we have an ambitious mission to increase economic freedom in the world. If we’re going to execute against the opportunity in front of us, we’re going to need more help to scale our existing products, and build new ones. In 2022, we plan to add up to 2,000 employees across our Product, Engineering, and Design teams.
We see enormous product opportunities ahead for the future of Web3. We believe our industry is in its infancy and that building onramps for individuals to participate is critical to driving the next generation use case of crypto. We’re also expanding to include products that host user generated content like NFTs, and we’re excited about our ambitious plans for the future of Coinbase Wallet, enhancing security, ease of use, and accessibility.
We are unwavering in our focus to build for the long-term, through every crypto cycle. It’s been one of the greatest drivers of our success to date. Through the highs, we get to focus on scaling and many new people get introduced to crypto. During the lows, we get to focus on product innovation. Whether the market is up or down, we see a clear opportunity, making Coinbase one of the most exciting places to work right now.
Who we’re looking for
There are a few things we look for across all hires we make at Coinbase, regardless of role or team. First, we look for signals that a candidate will thrive in a culture like ours, where we prioritize clear communication, efficient execution, and continuous learning, among other qualities. We look for people that choose to take a mission-focused approach to their work. And we seek people with the desire and capacity to #LiveCrypto, actively building and sharing their expertise in crypto with those around them.
In return, we offer a once-in-a-career opportunity, with competitive, transparent compensation; unique benefits like multiple company-wide recharge weeks; and a remote-first environment where you’ll work on a championship team with some of the most talented people in our industry.
Crypto is at a critical juncture — public adoption is at an all-time high, crypto companies are more visible than ever before, and the explosion of Web3 applications is uncovering new possibilities every day. So if you’re excited by this opportunity and want to join us on our mission to increase economic freedom in the world, check out our Careers Page. We’re hiring.
This communication contains “forward-looking statements” including, among other things, statements relating to our anticipated hiring in 2022. Statements containing words such as “could,” “believe,” “expect,” “intend,” “will,” “anticipate,” “plan,” or similar expressions constitute forward-looking statements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to, risks and uncertainties related to our ability to successfully execute our business and growth strategy and maintain future profitability, market acceptance of our products and services, our ability to further penetrate our existing customer base and expand our customer base, our ability to develop new products and services, our ability to expand internationally, the effects of increased competition in our markets, and market conditions across the cryptoeconomy. The foregoing list of risks and uncertainties is illustrative, but is not exhaustive. Further information on risks that could cause actual results to differ materially from forecasted results are, or will be included in our filings with the Securities and Exchange Commission including our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2021. Except as may be required by law, we undertake no obligation, and do not intend, to update these forward-looking statements after the date of this communication.
The government must work closely with all levels of management to build technologies for a digital blockchain economy and promote the technology’s latent potential. Here is how an all-inclusive approach can help.
CoinDCX, the popular India-based crypto exchange, announced today that it has selected crypto-native risk monitoring firm Solidus Labs as a strategic compliance partner. With the aim to protect its users from known forms of market abuse and emerging crypto-specific risks, partnering with Solidus will enable CoinDCX to forge greater trust and transparency on its platform. […]
Play to earn is fueling the continued growth of blockchain gaming
Top 5 Play to Earn Crypto Games to look out in 2022
We’ve all dreamt of making a fortune by playing video games at some point in our lives. With the launch of play to earn crypto games, our childhood dreams have suddenly come true. Play-to-earn NFT games have grown in popularity in the gaming business since their launch.
Play-to-earn cryptocurrency games have sprung onto the market, revolutionising gaming business models. Here’s how they function and where the value comes from for investors.
We’ll go through the top five play-to-earn cryptocurrency games that will help you make a passive income that you can’t afford to miss.
Top 5 Play-to-Earn Crypto Games to Invest in 2022
What Are Play to Earn Crypto Games?
Play-to-earn crypto games provide players with a variety of rewards. Most games will pay out rewards in a mix of NFTs and in-game virtual currency, which can be bought or sold to other players or traders within the game or to outside traders. In rare cases, players can earn renowned currencies for their participation.
The ability to earn non-fungible tokens (NFTs) and cryptocurrencies and trade them on a marketplace is, in essence, one of the main selling aspects of play-to-earn crypto games. Axie Infinity, Zedd Run, and Gods Unchained are among the most popular P2E games in 2022. Coin Hunt World rewards players with Bitcoin and Ethereum tokens rather than the game’s cryptocurrency.
Several emerging countries like India, Vietnam, and the Philippines have made passive income while playing video games. Blockchain-based games such as Axie Infinity payout in Bitcoin to gamers. They can earn anywhere from Philippine peso 20,000 (₹29,316) to Philippine peso 50,000 (₹73,290) every month.
With the introduction of CryptoKitties in 2017, such play-to-earn (P2E) crypto games initially gained popularity. However, the trend stalled. In 2018, Axie Infinity, the most popular P2E, was introduced. It grew in popularity during lockdowns in developing nations, where many people worked from home or lost their jobs and were looking for new ones.
There are already so many games in crypto that it is challenging to keep track of them all. Some are entertaining, and a few might be entertaining while also allowing players to earn a few rupees.
How Does Play to Earn Crypto Games Work?
Game makers have quickly adopted the play-to-learn approach. Many games, such as Axie Infinity, Gods Unchained, and Splinterlands, have been rising and gaining popularity. These (and other) P2E games mainly rely on blockchain technology to maintain their ecosystem and provide users with access to in-game built-in tokens that have worth outside of the game. Cryptocurrencies (or digital currencies), NFTs, and decentralized markets have made this possible.
Essentially, any action you perform in Play to Earn games may be rewarded, whether it’s completing tasks, waging battles, assisting in resolving an issue, or breeding new species. The game’s elements take the shape of NFT. For example, if you want to breed a new species or create a new avatar, you may easily create a new token and sell/trade it in the marketplace.
The most significant advantage of NFTs is that you can easily swap them for crypto, which can then trade for real currency through exchanges. Because transactions in the realm of play earn the form of blockchain, the validity and ownership of digital assets in the game can always be confirmed.
List of top Play to Earn (P2E) Games to Earn a Decent Living
We are all aware of the impact of demonetization in India. The ₹500 and ₹1000 notes were decommissioned overnight. That was the start of the rise of digital payment systems and payment processor enterprises. At the same time, cryptocurrency usage in India began to rise.
Crypto acceptance in India is increasing, but it is still confronted with obstacles, as the Indian government has announced the launch of its digital currency. We have listed five play-to-earn crypto games to create passive income that you can’t afford to miss.
Let’s begin with the best games on the list:
Axie Infinity
Axie Infinity is a blockchain-based trading and warfare game in which players own and operate the firm’s share. Axie Infinity is a game that allows players to collect, breed, grow, combat, and trade Axies, which are token-based creatures. Popular games like Pokémon and Tamagotchi influence the development of Axie Infinity.
Based on the overall price movement since the beginning of the year, the Axie Infinity (AXS) price will rise again because it has a bright future and will attain new record values in the years ahead, implying a bullish AXS price prediction on the chart.
At press time price of Axie Infinity in India is 4,606.56 INR, with a 24-hour trading volume of 25,724,070,275 INR. Axie Infinity is up 8.35 percent in the last 24 hours, with a market capitalization of 280,573,803,240 INR. It has a maximum supply of 270,000,000 AXS coins and a circulating supply of 60,907,500 AXS coins.
If you’re wondering where to buy Axie Infinity in India, BuyUcoin is one of the best cryptocurrency exchanges for trading Axie Infinity crypto.
The Sandbox
The rise in SAND, the native cryptocurrency of the blockchain-based virtual world ‘The Sandbox,’ gained traction when a tweet from Adidas, a German sports goods maker, suggested announcing a relationship between the two companies.
The gaming industry represents a large unmet possibility for blockchain adoption. The Sandbox aims to disrupt the business by building a universe where users may create and collect blockchain-based commodities, and it carves out its place in the worldwide gaming market.
Sandbox price in India at time of writing is 318.07 INR, with a 24-hour trading volume of 78,417,947,452 INR. In the last 24 hours, the Sandbox has increased by 7.23 percent. CoinMarketCap currently ranks #35 with a live market cap of 338,206,236,892 INR. It has a total supply of 3,000,000,000 SAND coins and a circulating supply of 1,063,319,452 SAND coins.
If you’re wondering where to buy Sand in India, BuyUcoin is one of the best cryptocurrency exchanges for trading in The Sandbox.
Gods Unchained
Gods Unchained is a well-known card game with the added benefit of earning some Crypto and NFTs. You must acquire card packs by leveling up and meeting specific conditions (rank and win on max games). Some cards are for sale except for the “special packs,” but most are not. When the forge is operational, you will be able to combine two “common skin” cards to make a sellable one. You may also win cryptocurrency once a week by claiming from the Blessing of the Gods website.
Decentraland (MANA)
Decentraland is a 3D virtual reality crypto game that uses the Ethereum network. Players may explore regions, create unique avatars and materials, and have extraordinary experiences.
Additionally, gamers may use the MANA coin as an in-game token to sell and purchase products and engage in enjoyable social activities.
Moving closer to Metaverse, Decentraland includes ultra-high-quality visuals and gameplay based on VR experiences to satisfy life beyond reality. Along with the NFT Marketplace, players have the option of trading.
Decentraland price in India at time of writing is 232.33 INR, with a 24-hour trading volume of 50,107,447,765 INR. Decentraland has increased by 11.26 percent in the last 24 hours. CoinMarketCap currently ranks #30, with a live market cap of 425,668,825,173 INR. The circulating supply is 1,832,134,798 MANA coins, and the maximum supply is not known.
If you’re wondering where to buy Decentraland in India, BuyUcoin is one of the best cryptocurrency exchanges for trading in Decentraland.
CoinHunt
Coin Hunt World is a free-to-play/pay-to-win smartphone game that allows you to earn cryptocurrency while exploring your area. Unlock prizes by discovering keys. Play alone or as part of a group!” (On Android, it is available in the United States, Canada, and the United Kingdom; on iOS, it is presently an invite-only beta.)
Players seek their real-world surroundings for keys, which they then use to access vaults. A trivia question is shown to the user when a vault is unlocked. The user gets awarded if the questions are accurately answered within the time limit.
Users are now paid with actual Bitcoin or Ethereum and in-game goodies like avatar skins and crafting tools. NFTs are proposed for Cubie Blueprints.
Epilogue
Because of blockchain technology, play-to-earn games are upending the economic paradigm of traditional online games. They blend the excitement of immersive video games with the chance to earn prizes for your time and attention. Users can benefit from play-to-earn crypto games, but most need initial investment and a learning curve. Your earnings will vary based on the game and your abilities.
