Tag

Gamefi

All articles tagged with #gamefi

cryptocurrency2 years ago

Bitcoin Maintains Strong Position Above $30.5K After Calm Weekend

Bitcoin remains above $30,000 as markets stay quiet during the long weekend in the U.S. Trading volume and open interest are down, reflecting decreased activity. Meanwhile, Yat Siu, co-founder of Animoca Brands, dismisses concerns about GameFi being perceived as a Ponzi scheme, arguing that it is a misunderstanding of the industry. However, critics argue that the prevalence of Ponzi schemes in GameFi hinders its growth and adoption.

cryptocurrency2 years ago

Bitcoin's Price Stability and Potential for Doubling Amidst ETF Applications, Market Fluctuations, and Analyst Predictions

Bitcoin maintains its price above $30,000 as issuers refile their bitcoin ETF applications, with the SEC stating that the previous filings were inadequate. Meanwhile, Japan is embracing Web3 and exploring the future of crypto, with a focus on NFTs, GameFi, and enterprise blockchain. However, Japanese companies are taking a more conservative approach, prioritizing serving gamers over crypto speculation. Despite the regulatory successes in Japan, the country's Web2 space feels outdated compared to the West.