On August 22, the blockchain card game Orbi’s Breath minted 500 NFTs (non-fungible tokens). The minting event was scheduled ahead of the release of their new game which is set to be launched on Solana blockchain.
Out of a total of 1999 available tokens, only 500 were minted in phase 1, and 80 of those were set aside for friends and supporters. The minting occurred on Magic Eden’s launchpad with whitelisters paying 0.75 SOL for each token and the general public paying 0.90 SOL per token.
Proving a popular method, crypto gaming has become the way for a lot of game developers to break into the NFT genre. The potential for crypto use in the industry first became evident in iGaming, with many sportsbooks and online casinos incorporating crypto payment options, with Bitcoin casino games proving particularly popular.
By using cryptocurrencies as a payment method, these platforms are able to provide faster payouts, easier sign up processes, better bonuses, and even anonymous play. Following on from the successful integration of cryptocurrencies in the online gambling industries, companies like Ubisoft are now pouring a lot of resources into making NFTs happen, already minting almost 10,000 “Warlord” NFTs.
The NFTs are to be distributed in phases and the first phase was completed on Thursday, 22 August. The game’s co-founder announced the scheduled minting on Discord saying that the goal was to create a “good quality narrowed down” gaming community so the phases are a way to sift the chaff from the wheat.
The special community will have the exclusive privilege of holding these NFTs and playing with them. Each phase’s NFTs will have different traits but only Phase 1’s NFTs have special traits that are mintable.
What Else Is New in NFTs?
Sotheby’s CryptoPunk Sale
Meanwhile, the community is abuzz with the recent Sotheby CryptoPunk sale as it indicates a potential rise of interest in the market. The NFT sold at a high auction price and the sale has significantly improved overall sentiment in the market since it proves that investors are still willing to pay premium prices for rarities, even digital ones. There is a chance for growth in the future as more investors are likely to buy in and this could drive up NFT prices.
Casio’s Limited-Edition Sneakers Collectible
Casio has teamed up with STEPN GO to release 800 limited-edition NFT sneakers. The NFT sneakers are part of Casio’s VIRTUAL G-SHOCK project, which aims to bridge the gap between the physical and digital worlds. The sneakers can be used in the STEPN app where players earn tokens by walking, running, or jogging. Since there is a limited number, the sneakers are in high demand which means that there is a potential for high buying prices, especially over time.
Blue-Chip NFT Sales
These NFTs are digital assets from well-established and highly sought-after collections. They often have a strong community and are associated with influential creators or brands. Recently, there has been a surge in demand for blue-chip NFTs as more and more people have become aware of their existence in the mainstream, and as institutions have begun to invest.
There has been a significant rise in prices with some collections reaching astronomical heights. Besides the CryptoPunks, other very high-ranking blue-chip collections include Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Meebits.
Unstoppable Domains Partners with Deadfellaz
Unstoppable Domains has become the largest on-chain registrar, providing a convenient way for users to register and manage their own web3 domains. The partnership with Deadfellaz, a popular NFT collection, will likely increase the adoption of Unstoppable Domains’ services among the Deadfellaz community. The collaboration could lead to improved usability for users, as it may simplify the process of connecting web3 domains to wallets and other applications.
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