NFTs have proven extremely popular in Central, Southern Asia, and Oceania, accounting for 58% of web traffic going to cryptocurrency services in Q2, according to Chainalysis.
to a Sept. 21, Chainalysis post titled “Crypto Adoption Steadies in South Asia, Soars in the Southeast,” NFT-related actions accounted for 58% of all web traffic going to cryptocurrency services from this region in the second quarter of 2022.
Chainalysis noted that P2E blockchain games are “intimately related” to NFTs, as most P2E games feature in-game items in the form of NFTs that can be sold on marketplaces like MagicEden and OpenSea, thus meaning:CSAO countries include India, Thailand, Vietnam, Australia, Singapore, Philippines and Indonesia, among 25 others, and is home to seven of the top 20 countries in Chainalysis’ crypto adoption index.
"Game-centric blockchain developers Polygon and Immutable X are headquartered in India and Australia, for example, and Axie Infinity and STEPN, the two largest play-to-earn games, are operated in Vietnam and Australia, respectively."for the second year in a row, but the Philippines made a surprise appearance at second after ranking 15th in the last report.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Christina Aguilera Applies for NFT and Metaverse TrademarksPop singer Christina Aguilera has followed Miley Cyrus by submitting trademark filings related to non-fungible tokens and Metaverse
Read more »
EXCLUSIVE: Casadei Marks ‘Blade’ Heel’s 10th Anniversary With NFTThe luxury footwear brand is releasing a limited run of 1,000 wearable NFTs developed with Web3 firm Another1 in the shape of a cyborg-inspired Blade shoe.
Read more »
Walmart to sell NFT-linked DC comics via pop retailer Funko: CoinDeskFunko will sell DC Universe-branded comic books with linked NFTs, which can be redeemed and minted on the WAX blockchain.
Read more »
Billboard ChartStars and Intel Partner for an Exclusive NFT dropWant to get closer to the music? 👀 intel IntelEvo has you covered. ad They are partnering with BillboardChartStars to give out free NFTs starting at BillboardLatinWeek that come with IRL and virtual perks. Find out how to start collecting today.
Read more »
MoonPay and Universal create an NFT-based scavenger huntMoonPay will use its utility minting service Hypermint to create up to 7 million NFTs for a scavenger hunt at Universal Studios Theme Parks.
Read more »
EXCLUSIVE: FastAF partners with Solana-based NFT project Degen ApesThe partnership provides a token-gated use case for the first Solana-based project to net a sale over $1 million.
Read more »