Non-fungible tokens have quickly become mainstream in the blockchain and cryptocurrency world. And for good reason. You see, NFTs have become popular due to their captivating and exciting illustrations which are a staple representation of a ton of NFT projects. What do you think of when you hear the term NFT? Moving, pixelated images of dogs, monkeys, objects, etc., right? Exactly!
However, one of the other major reasons that have contributed greatly to the rise of NFTs is their ability to merge and assimilate seamlessly with Play-to-Earn game mechanics. It is this very fact that has provided us with a completely revolutionary and revolutionary aspect of modern gaming, known as P2E NFT.
The economy of the phenomenon at stake
In the world of NFT gaming, participants (who are mostly gamers) have the opportunity to access quite fun gameplay similar to traditional PC or console gaming. However, one of the main differences between P2E NFT games and traditional games is that the former offers players the opportunity to exploit a variety of game features thanks to blockchain and decentralized innovation.
This technology has enabled the development of a more streamlined and thriving gaming economy where players can play to earn rewards in the form of digital tokens and currencies by participating and winning different types of tournaments or challenges.
Bored Ape Yacht Club
When talking about NFT, it is essential to mention the success and popularity of Bored Ape Yacht Club as a mainstream non-fungible token platform. The BAYC includes thousands of NFT holders, traders and enthusiasts. It is also one of the most successful NFT projects because it was the only platform that could sell its entire NFT collection (10,000 NFTs) in a very short time. Moreover, it is also amazing to see that BAYC NFTs have also gained considerable value over time.
This popularity and commercial success, along with a diverse network of users, has provided BAYC with an explosive opportunity to integrate into the P2E NFT game as well.
Cryptopunk comes shortly after the BAYC NFT race. The NFT platform has offered users a diverse collection of exhilarating pixel images (10,000). Each image features a different character, item, or combination of personalities and also contains special characters. All these images are randomly generated.
It is also important to mention that Cryptopunk is also one of the first NFT projects launched on Ethereum and is known as a very popular and mainstream NFT platform. According to a report by Decrypt, Cryptopunk managed to secure a massive transaction volume of over $110 billion in 2021.
BudBlockz is a pretty strong contender for the NFT race and the expectations for the platform to be the next mainstream NFT project are mind-boggling! One of the main reasons everyone is so excited about the project is that it aims to innovatively integrate the cannabis industry and businesses using the Web 3.0 ecosystem into the world of blockchain.
But it’s not that. BudBlockz has a lot more to offer. For example, it is set to become one of the first major NFT projects to merge the blockchain environment with cannabis-based Play-to-Earn features. It is enormous! Their gaming platform is known as BudBlockz Arcade, where players will have access to a large collection of retro arcade games inspired by Sega, NES and SNES.
All in all, only time will tell which P2E NFT projects will see growth and popularity in terms of being able to deliver seamless interoperability in games, digital asset creation, and NFTs.
Learn more about BudBlockz (BLUNT) at the links below:
Official site: budblockz.io/
Pre-sale registration:: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
Discord Server: https://discord.gg/s7hBFgvTmN
All BudBlockz links: https://linktr.ee/budblockz