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- 📝 Blockchain in Fortnite? Epic Games CEO says YES!
📝 Blockchain in Fortnite? Epic Games CEO says YES!
PLUS: KnownOrigin shuts down, tap-to-earn helps Telegram reach 1B users and more!
Nifty Notes Team
July 26, 2024
GM. This is Nifty Notes, the weekly newsletter that supplies you with all the latest in the world of NFTs, web3 and the metaverse.
Here’s what we’ve got for you today:
Blockchain features teased for Fortnite 👀
KnownOrigin ceases operations 🛑
Tap-to-Earn fuels Telegram user spike 📱
INSIGHTS: Mint ID flew as Wave3 approaches, Co-Museum Founder's Passes grew after their mint, and Soulbound Apartments rose as momentum grows following their Discord App Pitch 2024 win. Mavia Land declined as $MAVIA futures debuted on Kraken and Starter Packs became available, CEDEN Nodes decreased as they announced their AI-driven game delivery network, and Valhalla saw a downturn as hype fell away after their Battle Pass activation.
Most Read ⬆️
Blockchain features teased for Fortnite 👀
Epic Games CEO Tim Sweeney has indicated that blockchain technology is being considered for the future of Fortnite.
In a tweet, Sweeney acknowledged the potential of blockchain, but emphasised that any integration of blockchain in Fortnite would not involve cryptocurrencies or NFTs.
Sweeney is a known supporter of blockchain technology, with the Epic Games Store notable for its open-doors policy to games which include web3 elements.
KnownOrigin ceases operations 🛑
NFT marketplace KnownOrigin is winding down its operations, two years after its acquisition by popular peer-to-peer e-commerce platform eBay.
eBay laid off 30% of KnownOrigin’s staff in February 2024, raising concerns about its future. These concerns have been confirmed, with KnownOrigin citing changes in the NFT market as the catalyst for closure.
KnownOrigin has reassured users that all listed NFTs will be returned to users, and will remain both fully functional and tradable on other marketplaces.
Tap-to-Earn fuels Telegram user spike 📱
Cloud-based instant messaging app Telegram is approaching 1 billion users, thanks to the rapidly growing tap-to-earn gaming trend.
This surge of interest in tap-to-earn has heightened activity on the TON blockchain, with $TON now the 10th largest cryptocurrency in the world, sitting at a $17 billion USD market cap.
Titles such as Notcoin, Pixeltap, Hamster Kombat and Tapmonsters have led this surge, with its explosive growth showing no signs of slowing.
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.