Last updated on January 20th, 2022 at 03:27 pm
The sudden general spike of interest in NFTs, especially in 2021, has encouraged the creation of more NFT projects on various blockchains like Ethereum, Solana, Cardano, and the likes. As of the time of writing this, NonFungible reports that 12,882,545 sales of NFTs available on its platform have taken place thus far. With a higher market cap realized in the second quarter of 2021 at $2.5 billion, from $13.7 million in the first half of 2020, the NFT sector promises further growth.
Beyond providing an avenue for monetizing and proving ownership of artistic works, NFT technology is birthing a wider range of opportunities most especially for earning passive income through gaming. According to Devin Finzer, CEO of OpenSea, “Gaming is really exciting, as you already have billions of people who are buying digital goods inside of games.”
Journey of NFTs in gaming thus far
NFT gaming projects have witnessed a large boom with investors having the fear of missing out (FOMO) because of its popularity. Below is a list of the top 10 gaming tokens and their current market caps according to CoinMarketCap:
- Axie Infinity (AXS) – $8.14 billion
- Decentraland (MANA) – $8.04 billion
- The Sandbox (SAND) – $5.80 billion
- Gala (GALA) – $4.32 billion
- Enjin Coin (ENJ) – $2.86 billion
- WAX (WAXP) – $1.16 billion
- BORA (BORA) – $982.25 million
- MyNeigborAlice (ALICE) – $662.53 million
- Chromia (CHR) – $515.23 million
- Ultra (UOS) – $506.79 million
About Crypto Dragons
Crypto Dragon is an emerging NFT metaverse project on the Ethereum blockchain that aims to push a different narrative on NFTs – the possibility to earn passive income from NFTs: “We aim to create a strong community of dragon lovers, who can engage on the platform, as well as be entitled to an income from the unique dragon NFTs they own.”
The Crypto Dragon metaverse emerges with 10,000 dragon eggs which are distributed randomly to players leaving them oblivious of which eggs have the most unique dragons. These unique dragons are classified into four -(common, rare, epic, and legendary) based on the number of genes they possess and that will determine the strength of the dragons during battles.
Players can earn through buying, selling, breeding, and battles. The platform also allows you to rent your NFTs to the highest auctioneer and by holding your Dragon NFT, you earn in Ethereum.
Pogba joins Crypto Dragons as the “Father Of Dragons”
Renowned French and Manchester United footballer, Paul Pogba, last week took to his social media to announce his partnership with Crypto Dragons which will usher him into getting his first NFTs.
Father of Dragons is here! I am happy to announce our partnership with @cryptodragons – the NFT champion. Can’t wait to get my first ever NFT – an Egg with a Dragon inside.#cryptodragons #NFT #dragons #ad pic.twitter.com/31cxXi8Wog
— Paul Pogba (@paulpogba) November 15, 2021
On a happy note, Pogba revealed that he is going to buy some NFT eggs during the next reservation round.
On the other hand, the receiving family Crypto Dragons were pleased to have Pogba join them on board as a brand ambassador who will use his influence to disrupt positive change in the NFT space:
“We are very excited to get an endorsement from such a big star as Paul,” Nari, CEO, and co-founder of CryptoDragons states.
Progress of Crypto Dragons
Launched in May 2021, Crypto Dragons has grown to a large community base of over 40,000 members. In October 2021, the emerging metaverse company launched its smart contract to guarantee the sustainability of the project and also launched its website where dragon eggs are minted.
On the pipeline, Crypto Dragons intends to have its first hatch day to reward owners of the firstborn dragon eggs on December 25th, 2021. Still, in December, Crypto Dragons intends to start launching its stage of battles and move to Sidechain L2 or ETH L2. For the next year, they have mega plans to update the Crypto Dragons Metaverse
Other footballers in NFTs
The NFT space is getting more and more popular as the buzz increases with notable people like footballers joining the space. Pogba is not the only footballer who has joined the space in recent times as his colleagues are also not left out:
- In August 2021, licensed NFT collection Messiverse with assets featuring Lionel Messi was auctioned to the public.
- In May 2021, football legend Pele joined the NFT space and launched his first NFT with Ethernity Chain.
- Gerard Piqué joined Sorare as a strategic advisor and made huge investments in December 2020.
- 20-year-old Bayern Munich Star, Alphonso Davies launched his NFT through the Binance NFT marketplace in August 2021
- French football NFT startup, Sorare recently raised £680 million from investors.