A non-fungible token (NFT) is a unique and non-interchangeable unit of data stored on a blockchain, a form of digital ledger. NFTs can be associated with reproducible digital files such as photos, videos, and audio.
The crypto market has been in a brutal downtrend, which means there is widespread fear and a strong hesitation to reenter positions. Some investors lost significant capital during the drawdown and could have less money to risk at this time. Others might simply want to see more of a recovery from the asset class before going long.
In March 2016, Clash Royale was officially launched to the world. This game which combines elements from collectible card, tower defense, and multiplayer online battle is still considered a classic by most players due to its strategy gameplay, which is rather impressive.
The most anticipated NFT gaming project SIDUS HEROES has opened its doors to its first users. In the middle of January, the company released a closed beta version of the game that holders of SIDUS GENESIS NFTs were given access to.
It seems regulators will not leave Meta, the parent company behind Facebook and Instagram, alone, even after the company abandoned its cryptocurrency projects. The new regulations drafted in the UK will target Metaverse developments.