BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace?

Blockchain Gaming Digest

What’s up, eGamers, it’s time for the weekly Blockchain Gaming Digest. Every week, we share some of the most important NFT gaming news and other interesting facts.

  • This week started with Otherside’s land sale that burned $176M in gas fees. This incident shocked the world and made many people question if Ethereum is still a viable blockchain.
  • Staying with NFTs and displeasure, NFT sales are down by 92% as people start to lose interest in them.
  • Can you imagine a gas-free NFT marketplace? This is the case with Kraken as it began to develop a gas-free one.

Let’s start with the most popular games this week based on on-chain data. (7 Days)


The Benefits Monkey Legends NFT Holders Have in The Kingdom’s Metaverse

Monkey Legends NFTs Are The Key To Exciting P2E Mechanics in The Kingdom’s Metaverse
BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace? 34

The Kingdom, an upcoming open-world metaverse, has partnered with Monkey Legends, avatars that feature traits and powers based on Sun Wukong, a legendary mythical figure from traditional folklore.

Read More


Kraken to Develop a Gas-Free NFT Marketplace

Kraken, a renowned cryptocurrency exchange, recently joined the NFT space by announcing support of NFTs in its exchange, and that too, Without Gas Fees.
BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace? 35

People hate gas fees, recently, the Otherside Land Sale Burned $176M in GAS Fees. Kraken decided to chance that.

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OMG: Otherside Land Sale Burned $176M in GAS Fees – More Than Metamask Swap & ENS Combined

Yuga Labs Public Apology For The Failed Transactions During The Otherside NFT Mint
BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace? 36

On Saturday, Otherside Land Sale was completed and sold out within four hours as expected. What could go wrong with such a prominent and successful NFT mint on Ethereum?

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AlterVerse Joins Binance Labs Incubation Program

AlterVerse-Selected-For-Binance-Labs-Incubation-Program
BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace? 37

Binance Labs will launch the 4th season of its global Incubation Program on May 5th. Out of 500 applicants, AlterVerse was selected to participate in this program full of guidance and introduction to successful people in the industry.

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NFT Sales Are Down by 92% as People Lose Interest!

NFT Sales Are Down by 92% as People Lose Interest!
BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace? 38

In a recent auction, an NFT worth $2.9M only grabbed a $14000 offer which is very concerning.

Read More


Square Enix Sells Tomb Raider & 2 Gaming Studios “to Invest in Blockchain Games”

Square Enix To Invest in Blockchain Games As They Sell Tomb Raider & 2 More
BDG #179: $176M Burned in Gas Fees & a Gas Free NFT Marketplace? 39

The Japanese gaming studio has sold Tomb Raider and two other gaming studios in order to shift its focus and invest in blockchain gaming. 

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More News This Week:

 

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While we strive for the accuracy of the content, we provide it “as-is.” We take no responsibility for any actions or results. We write about games, treat them as games. We don’t give investment advices. Always do your own, extensive research.