Stay up-to-date on the latest news with our industry update post! ๐ซก
๐งฌ #BNBChain launches Layer 2 #testnet based on Optimism's OP stack.
๐ค #Nike partners with #Fortnite to introduce #Airphoria virtual experience to 240 million users.
More... ๐ ๐งต
The National Football League (@NFL) has been exploring blockchain technology for a while now.
It has launched a mobile game called #NFL Rivals, built on the #blockchain platform of Mythical Games, which... ๐
Keep yourself up to date with the latest news by taking a look at our industry update post!๐
๐ง #PudgyPenguins NFT project surpasses #Amazon sales in record-breaking feat.
๐ค #Helika partners with #YugaLabs to introduce analytics to Web3 gaming.
๐ #Nike OF1 #NFT sale surpasses $1M despite delays and technical issues.
๐ณ #Web3 'Move-to-Earn' app #Stepn integrates #Apple Pay for seamless in-game purchases.
๐ #Opera Browser integrates #MultiversX, formerly known as #Elrond, Layer-1 #blockchain, unlocking Web3 potential.
๐ณ๐ด #Norwegian Central Bank advances crypto regulation to foster financial innovation.
Stay in the loop with the most recent news by checking out our industry update post!๐
๐ค #Epic Games and #LEGO Group join forces to build a secure and enjoyable metaverse for families.
๐ฎ Popular #Axie Infinity game debuts on Apple App Store in key #markets.
๐ #Apple takes steps towards the #metaverse with upcoming #VR headset introduction, filing reveals.
๐พ #Assassin's Creed delves into #NFTs and 3D printing with smart collectibles.
๐ผ #Star Wars fans excited for #Microsoft release of themed NFTs on May 24th.
๐ #Renault expands #web3 presence with Racing Shoe5 NFT collection introduction.
Walmart Canada applied #blockchain to solve payment disputes with its 70 third-party freight carriers. The system has allowed the company to automate the freight #payment process and reduce the time it takes to resolve disputes from weeks to hours.๐ตโ
The company also launched a traceability platform in their Chinese stores to increase food traceability and trust. They track the movement of many food items from farms to processing facilities and finally to retail stores in #China.๐ค๏ธ๐ช
That is all good, but how does Walmart benefit from it? ๐ญ
Across a shipmentโs journey, @WalmartCanada can track farm origin, batch number, factory and processing data, expiration dates, storage temperatures, and shipping details using blockchain #technology.โ๏ธ๐
By entering a shipmentโs six-digit โlotโ number in a web portal, an employee at #Walmart can pull all this information within two seconds.๐ฅ
#BigBrandsInWeb3 #Web3
Quiz time, fellas ๐ก
Put on your thinking caps, get those brain cells firing, and let us know in the comments below! ๐ฌ
Is it A, B, C, or D? ๐ค
#Web3#Web3Gaming#Blockchain
"NFT Marketplace War Doubles Trading Volume in First Quarter" by @DappRadar
๐ก TVL in #DeFi increased by 37% compared to the previous quarter and reached $83.3B in Q1 2023.
๐ก In Q1 2023, #NFT trading volume rose by 137% to $4.7B, the highest % rise since Q2 2022.
Our 4th Research Round-up just arrived ๐
๐ TVL in #DeFi increased ๐น
๐ Investment in #blockchain gaming is heating up ๐ฅ
๐ Q1 2023 #Gaming Industry Report
๐ State of #Crypto Report
๐ #Web2 games are coming to #Polygon Gaming Ecosystem
Dive into the thread for details ๐งต
Let the facts speak ๐
According to @DappRadar, #Web3 Gaming accounts for the most transaction count on the blockchain with a 94.7% increase. ๐คฏ
#NFT also more than doubled the transaction count in 2022 in comparison to 2021.
#PareaLabs#Web3Gaming#Blockchain
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2/ Because you have to generate enough revenue for rewards and keep this loop self sustaining - that is a very hard task to implement. BTW, there is a nice thread by @MetzlerGames you can check out
3/ Definitely agree that, currently most of P2E players don't care about the fun/enjoyable aspect of the game. That's why you also need to accommodate the actual players by providing a better gameplay and a smooth web3 experience. And, that's where our focus is.
A #web3 game HAS to be fun
BUT
Only being fun does not solve the current issue
Apart from dull gameplay, most web3 games have economic problems in common
Thus, a sustainable game economy is at least as important as a 'fun game'
#PareaLabs#PlayAndEarn#Web3#PnE#Blockchain
Web3 game builders will explode in the next bull market๐
Recent @DappRadar report revealed that the #gaming accounts for whooping 45% of #web3 space
Parea Labs with innovative #GameFi solutions aims to be the front-runner in the next crypto bull run
#PareaLabs#PlayAndEarn
Despite negative crypto market sentiment gaming will be a primary driving force for #web3
Gamers do not care about price swings and politics in the market. They just want to have fun
Parea Labs is building sustainable products that people will use๐ก
#PareaLabs#PlayAndEarn