Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

Digital Collectible Owners Continue to Take Loans out Using NFTs as CollateralWhile non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans. […]

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Ethereum Gaming Token Axie Infinity Taps Another All-Time Price High

Ethereum Gaming Token Axie Infinity Taps Another All-Time Price HighOn Friday, the game token utilized within the Axie Infinity gaming realm has once again captured another all-time price high at $32.17 per unit. The game token has outperformed a great majority of crypto assets by commanding more than 844% in gains during the last month. Axie Infinity Outperforms Crypto Competitors The cryptocurrency community is […]

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Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Axie Infinity Down 40% Since Last Week's Price High, Protocol Revenue Outshines CompetitorsLast week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the […]

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Axie Infinity Game Tokens Skyrocket in Value, AXS and SLP Capture All-Time Price Highs

Axie Infinity Game Tokens Skyrocket in Value, AXS and SLP Capture All-Time Price HighsWhile most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent days, and other tokens from the […]

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Axie Infinity Economy Booms as NFT Sales Rise

axie infinityAxie Infinity, an Ethereum based game, is now one of the biggest successes of the play-to-earn model. Featuring NFT’s like the game characters, the game monetizes breeding these characters and selling them. As a result, there is now a growing demand for Axies, whose stats can make them reach high prices in markets. This has […]

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