Play-To-Zero? Web3 Games That Shut Down in 2025 (So Far)
Multiple web3 games, including Battlebound, Nyan Heroes, and Champions Ascension, have already shut down in 2025 as the crypto gaming crash deepens.
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Multiple web3 games, including Battlebound, Nyan Heroes, and Champions Ascension, have already shut down in 2025 as the crypto gaming crash deepens.
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EUL, the native token of the DeFi lending protocol Euler Finance, is currently experiencing an impressive price rally driven mainly by news of the protocol recovering some of the stolen funds from the $200 million hack that occurred earlier this month. EUL Gains 25% In 24 Hours According to data from Coingecko, EUL is up [...]
The post Euler (EUL) Up 25% As Hacker Returns 51,000 ETH From Stolen Loot appeared first on Crypto Breaking News.
They appear to have authorized a malicious DApp to transfer their tokens, leading the assets to be drained immediately.
Gameloot is not registered with the SEC, has no proper license to accept investments from the public, and shows a potential Ponzi scheme.
The post Luxury of Earning While Playing Games? SEC Releases Advisory vs Gameloot for a Potential Ponzi Scheme appeared first on BitPinas.
Web3 gaming platform LootRush has raised $12 million in seed funding led by crypto company Paradigm, aiming to make playing Web3 video games easier and more convenient for users. (Read More)
Loot boxes in games don’t provide much value to gamers. Time Raiders is a play-to-earn, NFT and crypto game that sets out to solve this issue. The time travel game is gearing up to launch in April 2022. Loot boxes, or virtual treasure chests that players can open to receive in-game virtual items, have been […]
Gamification is the new fad in the crypto world. It has exploded lately due to the technical leverage of NFTs where they drive commercialization of everything within the game environment, even players’ own playing avatars. However, most of the gaming environments are predefined, and almost all NFTs work as per a given standard as enshrined in their smart contract.
For example, if you mined a sword NFT, it could give you the power to fight in a game environment. Likewise, the skin may protect you within the game environment against adversaries. Hence, limiting their use-cases to a single direction only, which is at the mercy of the developers and the company launching such games. But what if you get to mint an NFT where you have full discretion over its use-cases. Is it possible at the moment? Well, it indeed is through the Loot protocol.
What is the Loot Protocol?Loot is an RPG or Role-Play Game-styled NFT project which functions through 8,000 rare RPG NFTs, which are adventure equipment that you can use for performing a wide variety of activities within the game environment. The project was launched by Dom Hofmann, who is the co-founder of the social media platform Vine. The upside of Loot protocol is the open functionality of the NFT, which makes it a completely different NFT project in the crypto space. To understand in a nutshell open functionality, the user who has minted the NFT in the Loot bag can decide its functionality and everyone else within the Loot ecosystem will have to follow that. In this way, these rare 8,000 NFT’s usability varies based on the user’s/ minters creative thinking.
How Loot NFTs Derive Value Within the Game Ecosystem?Loot’s NFTs work on the basis of rarity. Meaning, the user has full control over how they wish to establish the utility of the minted NFT. Since within the Loot ecosystem, the user has to only pay the gas fees to mint any new NFT, they can think of numerous ways to make them rare and if they think it will not work, it is possible to replace that NFT with another with a new concept. Since most of the items occur within the Loot bag for a specific time period, the upside of the NFT increases as everyone wants to own them and build additional usability on top of its erstwhile use-cases. Thus making the ecosystem highly dynamic in terms of innovating NFTs and making the gameplay environment always evolutionary.
Why is Loot’s Airdrop Trending Over the Internet?Loot’s NFT has been trending lately all over the Internet because it could potentially make every Loot NFT holder super-rich. The reason for it is a DeFi project Adventure Gold’s fascination for the Loot NFTs. In their latest announcement, the protocol announced that for each Loot NFT, the AGLD protocol will give 1,000 AGLD tokens. Each AGLD token is priced at $4.71. If you do the math, for one Loot NFT, you could potentially get 1000 AGLD tokens, which will help you earn $47,000. Hence, it is justifiable why AGLD has been included in the list of top 200 cryptocurrencies following this announcement and why people are turning crazy for the Loot NFTs.
How To Claim Loot NFT Airdrop?Step By Step Process to claim Loot Airdrop
Step 1Click on Loot NFT Give away-page
Step 2Submit all details and sign up for the airdrop
Step 3Users need to do small tasks on social media to end up eligible for Loot airdrops.
Step 4100 participants are selected who would get the Loot BUN NFTs. Users can join Loot’s telegram channel for further updates.
After receiving the airdrop, make sure that you have stored them in a trusted hardware wallet for security and use in the near future.
© Cryptoticker
The post Why LOOT Dominated NFT Airdrops and how to Claim LOOT? appeared first on CryptoTicker.
Gamification is the new fad in the crypto world. It has exploded lately due to the technical leverage of NFTs where they drive commercialization of everything within the game environment, even players’ own playing avatars. However, most of the gaming environments are predefined, and almost all NFTs work as per a given standard as enshrined in their smart contract.
For example, if you mined a sword NFT, it could give you the power to fight in a game environment. Likewise, the skin may protect you within the game environment against adversaries. Hence, limiting their use-cases to a single direction only, which is at the mercy of the developers and the company launching such games. But what if you get to mint an NFT where you have full discretion over its use-cases. Is it possible at the moment? Well, it indeed is through the Loot protocol.
What is the Loot Protocol?Loot is an RPG or Role-Play Game-styled NFT project which functions through 8,000 rare RPG NFTs, which are adventure equipment that you can use for performing a wide variety of activities within the game environment. The project was launched by Dom Hofmann, who is the co-founder of the social media platform Vine. The upside of Loot protocol is the open functionality of the NFT, which makes it a completely different NFT project in the crypto space. To understand in a nutshell open functionality, the user who has minted the NFT in the Loot bag can decide its functionality and everyone else within the Loot ecosystem will have to follow that. In this way, these rare 8,000 NFT’s usability varies based on the user’s/ minters creative thinking.
How Loot NFTs Derive Value Within the Game Ecosystem?Loot’s NFTs work on the basis of rarity. Meaning, the user has full control over how they wish to establish the utility of the minted NFT. Since within the Loot ecosystem, the user has to only pay the gas fees to mint any new NFT, they can think of numerous ways to make them rare and if they think it will not work, it is possible to replace that NFT with another with a new concept. Since most of the items occur within the Loot bag for a specific time period, the upside of the NFT increases as everyone wants to own them and build additional usability on top of its erstwhile use-cases. Thus making the ecosystem highly dynamic in terms of innovating NFTs and making the gameplay environment always evolutionary.
Why is Loot’s Airdrop Trending Over the Internet?Loot’s NFT has been trending lately all over the Internet because it could potentially make every Loot NFT holder super-rich. The reason for it is a DeFi project Adventure Gold’s fascination for the Loot NFTs. In their latest announcement, the protocol announced that for each Loot NFT, the AGLD protocol will give 1,000 AGLD tokens. Each AGLD token is priced at $4.71. If you do the math, for one Loot NFT, you could potentially get 1000 AGLD tokens, which will help you earn $47,000. Hence, it is justifiable why AGLD has been included in the list of top 200 cryptocurrencies following this announcement and why people are turning crazy for the Loot NFTs.
How To Claim Loot NFT Airdrop?Step By Step Process to claim Loot Airdrop
Step 1Click on Loot NFT Give away-page
Step 2Submit all details and sign up for the airdrop
Step 3Users need to do small tasks on social media to end up eligible for Loot airdrops.
Step 4100 participants are selected who would get the Loot BUN NFTs. Users can join Loot’s telegram channel for further updates.
After receiving the airdrop, make sure that you have stored them in a trusted hardware wallet for security and use in the near future.
© Cryptoticker
The post Why Loot Dominated NFT Airdrops? appeared first on CryptoTicker.
Although NFTs are taking the world by storm, one sector of the market is still in its infant stages, augmented reality. In a year filled with Metaverse narratives promoting a future in which the virtual reality world, augmented reality, and mixed reality systems are always as common as regular mobile phones, the quietness from AR […]
IDO, which also stands for Initial DEX Offering, is among the most popular terms in the cryptocurrency world in 2021. Over the last four years, token public sales have progressed. The IDO model is indeed the direct descendant of crypto fundraising techniques such as Initial Coin Offerings (ICOs), Security Token Offerings (STOs), and Initial Exchange […]
IDO, which also stands for Initial DEX Offering, is among the most popular terms in the cryptocurrency world in 2021. Over the last four years, token public sales have progressed. The IDO model is indeed the direct descendant of crypto fundraising techniques such as Initial Coin Offerings (ICOs), Security Token Offerings (STOs), and Initial Exchange […]
What is NFT Lootbox? NFT Lootbox is a platform that aims to provide the fairest NFT farming in DeFi, for users to obtain rare and valuable NFT art. It claims it is an innovative blend of DeFi, NFT, and Loot Box Tech. NFT farming currently is unfair. There is a high prevalence ad well as […]
Loot is a popular NFT platform based on Ethereum Fantom Loot brings the Loot to the Fantom platform More than
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