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Included in 2021 and 2022 Non-Fungible Tokens (NFTs) It is one of the most popular assets on the crypto scene, and some have changed hands for incredible amounts of money. However, by the end of 2022, the market quickly collapsed and many paintings and video game items have almost completely lost their value.
Despite this, many members of the crypto community believe that NFTs will continue to be an important part of the future. Some approaches, especially in the field of video games, already promise to deliver new innovations and technological advancement. Some major video game publishers and developers have also taken notice of this trend. Now a new online gaming giant joins this list.
Roblox CEO: NFT technology is important in the future
The massive online gaming platform Roblox has a massive user base ranging from 60 to 100 million players depending on the month. Users can independently design and even program video games on the platform itself. But most gamers use many video games that programmers have created for Roblox. Most of these players are from younger generations who already have a strong interest in crypto technologies.
Recently, Roblox made headlines in the company’s crypto world. Rumors about XRP integration was expressed.
A few days ago, Roblox CEO David Baszucki announced to US TV channel CNBC that, among other things, NFTs will be an important future technology that will soon be introduced on the platform. He explains that different app options for users is an important factor.
By doing this, Roblox is changing the course of recent years when the company expressed skepticism about blockchain technologies and their possibilities. However, Baszucki also explains that he is not a big believer in the NFT world’s typical dream of cross-platform NFT transactions. Instead, he sees opportunities primarily for artists and creators:
“But we expect the creator, whether it’s Elton John or Nike or anyone who creates a digital product, to play a significant role and have a lot of control over that product.”
He sees advantages specifically for anyone who wants to pursue more advanced ideas with their own content, or who wants to have more control over the content they create in general.
More revenue streams for artists and creators
Baszucki points to Elton John, who can create and sell his own NFTs through the Roblox platform, as an example. But now he will not only have to use Roblox as a sales platform, he will also be able to offer his own created content to interested players through third-party marketplaces.
Both the creators of NFTs and Roblox itself will benefit from this concept, creating new revenue streams that will ultimately benefit everyone involved.
It’s not yet clear how exactly NFTs will be integrated into Roblox in the future. In the interview, Baszucki neither mentioned a specific program nor facts about the integration. But the statement made by the Roblox CEO clearly shows that more and more companies, especially from the world of video games, are reopening to NFT technology and implementing their own ideas.
Therefore, it is quite possible that NFTs in their new form will experience a new excitement in the near future.
Large NFT collections with increasing demand
Perhaps Roblox’s new stance on NFTs is no coincidence, because just as the crypto market is currently recovering from its long hibernation, the NFT market is also starting to rise again. This is shown, among other things, by current data: CoinGeckoThis shows that the top 15 NFT collections have seen a sharp increase in demand in the last few days.
NFT collection above all else Bored Ape Yacht Club (BAYC) It is experiencing a huge increase, with an increase of over 62% in one month. While the base price was around $24.80 in early October, it is currently around $30.90. The 7-day overview also shows that the collection increased by over 15% last week.
The 24-hour trading volume of “Captainz,” a popular NFT collectible from Memelland, saw a price increase of over 680% yesterday, albeit briefly. NFT collectibles recorded strong searches for the first time since July 2023.
In general, NFT purchases can be made on the following dates: Ethereum (ETH) And Solana (LEFT) a massive 60% increase on both networks. This suggests greater demand across all NFT marketplaces for at least the next quarter. However, prices are still a long way off from the time of NFT excitement in 2021.
But things are looking much more positive for meme cryptocurrencies, which have been experiencing a rather cold crypto winter for a long time. Next to you Dogecoin (DOGE) And Shiba Inu (SHIB) The new Meme Kombat project in particular has emerged as a major factor on the meme coin scene in recent weeks.
Meme Kombat exceeded $1.5 million
Still young crypto project Meme Kombat (MK) It is a completely new concept that combines video games with artificial intelligence and the popular GambleFi. Eleven different meme characters compete with each other in battles on the gaming platform. Users of the platform can participate in these real-time battles at any time and bet $MK token on the outcome of the battle. Artificial intelligence controls various meme warriors.
All this is based on modern blockchain technology, on which developers rely on Ethereum. The big advantage of this is that all data is stored transparently and is visible to everyone. Of course, this includes bets and the fights themselves, but also bet payouts or staking rewards. Thanks to smart contracts, everything works completely automatically and mistakes, even fraud, are impossible.
Early investors are currently benefiting from their investments in a variety of ways. The price, currently $0.189 per token, will automatically increase when a new milestone is reached. On the other hand, the $MK token is already available for staking, so investors can already receive their first profits.
So if you want to take part in the Meme Kombat project now, you can buy the Meme Kombat token right now with ETH, USDT or BNB. As soon as the crypto project exits the pre-sale phase, the dashboard will be activated, which can be used for betting and staking.
Last update date: November 14, 2023
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Meme Kombat – New game platform is on pre-sale
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