Standing for nonfungible tokens, NTFs first appeared around 2015 and have been experiencing a recent boom in interest and utilization due to a variety of factors. NTFs are collectible Cyber, or crypto, assets that are exchanged online. Unlike cryptocurrencies, such as Bitcoin, which are fungible, nonfungible tokens can’t be exchanged directly with one another as
The gaming industry has morphed from being a novelty in the 80s, with its funky consoles and clunky cartridges, into a $180 billion a year behemoth with almost three billion players globally. From its simplest 2D games, like “Pong” and “Pac Man,” the gaming sector has become an all-consuming industry that challenges the bounds
Blockchain-based games are referred to as play-to-earn games that use cryptocurrency or non-fungible tokens that can be bought, sold, or traded with other players. These reward-based games are a byproduct of web3, the next incarnation of the world wide web, and will require an aggressive approach in web3 recruiting to find video game programmers
Web3, also referred to as Web 3.0, is simply a term for the next iteration of the world-wide-web. Web3 aims to reduce dependency on big tech companies, like Amazon and Google, by decentralizing protocols. To better understand how Web3 will affect global markets, it is essential to understand its predecessors. The first web version, Web
Thanks mainly to the advent of blockchain technology, the interest in cryptocurrency has taken a considerable jump. With its rise in popularity, the demand for engineers to service the need has to grow along with it. Studies show that many of the new crypto job opportunities are found outside of the largest U.S. markets. This
Blockchain games are becoming more popular, at least in part, due to the addition of NTFs or non-fungible tokens that allow players to earn rewards in the form of cryptocurrency. The most popular NFT games have a strong secondary market for play-to-earn items such as rare collectible cards, coins and other items that possess in-game
The gaming sector has seen unprecedented growth in the last few years. One of the most significant changes is the incorporation of blockchain technology. Historically, the highly centralized gaming industry has been in the tight grasp of the game publishers, resulting in gamers worldwide having to pay out big dollars to play. However, that is
NFTs started becoming a common term in the gaming vocabulary around the end of 2021 and are increasingly present across multiple industries in 2022. An NFT, which is an acronym for a non-fungible token, is a certificate of ownership of a digital item made in limited quantity. NTFs can be attached to digital pictures or
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