sandbox

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

The Sandbox (SAND) Reaches New All-Time High — Multi-Coin Analysis

BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including The Sandbox (SAND). Despite the token reaching a new all-time high price, it has fallen back to an important support/resistance level.Sponsored Sponsored Bitcoin (BTC) BTC has been trading inside an ascending parallel channel since Oct 20. It was recently rejected by its resistance line on Nov 10 and began its current downward move. On Nov 16, it reached the support line of the channel and the $59,700 support area. It had previously deviated below this area on

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a boom this year, the traditional gaming industry still has yet to embrace blockchain as part of a flagship product. Ubisoft to Explore Blockchain for Future Products Ubisoft, the gaming giant known for mega-successful franchises like

Weekly Cryptocurrency Market Analysis: Ethereum Renews Its Historical High, While Dogelon Mars Shows the Biggest Uptrend

Nov 02, 2021 at 10:33 // News Over the past 7 days, the cryptocurrency market has remained generally bullish. While Bitcoin seems to have stalled at its recent high, Ethereum has renewed its historical maximum. However, none of the flagship cryptocurrencies posted significant gains this week, so they were left out of the rating of the best weekly performers, composed by CoinIdol, a world blockchain news outlet. Here is how it looks from today's perspective. Dogelon Mars Dogelon Mars (ELON) seems to be the best performer among cryptocurrencies that have

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release. The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots of land that they can build on. The Sandbox token, SAND, has a $2.46 billion market cap, according to data from intelligence platform CoinMarketCap. The startup’s majority stakeholder is Hong Kong-based gaming firm Animoca Brands,

Fintech Firm Centbee Graduates From South African Regulatory Sandbox

Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper Remittances In a statement, the fintech firm claims its Minit Money application has demonstrated an ability to “enable foreigners living in South Africa to send money home across Africa to bank accounts or mobile money wallets at a competitively low cost.” Meanwhile, in

NFT Heroes: Fitting the framework of the growing NFT avatar market

NFT marketplace NFT STARS has announced the launch of its NFT avatar collection – SIDUS: The City of NFT Heroes. The collection features 7,500 unique characters developed in partnership with over 200 modern artists from the international collective NFT256. SIDUS differs from dozens of other collections by combining the functionality of a gaming DAO metaverse, a yield farming service, and a digital art collection, all into one. The NFT Heroes collection comes forth at the perfect time, when NFT avatar projects are on the rise and the NFT market, as

NexWEB Technologies Chooses Butterfly Protocol for Powering its Blockchain Domain-Based NFT Platform

The platform will create developer tools for building out NFT markets and decentralized applications and integrate the NEXW utility token for access. NexWEB Technologies, delivering technology innovation since 2012, is pushing into the decentralized and distributed web space by utilizing the Butterfly Protocol, the premiere community-driven blockchain domain provider. Building upon the open-source toolset that Butterfly provides, NexWEB will create additional tools to enable NFT (non-fungible token) marketplaces to be developed and deployed quickly. The Butterfly Protocol is the world's leading community-driven blockchain domain provider. It allows anyone to sponsor