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Nonfungible tokens, or NFTs, and digital assets are one of the ten major trends within the sports industry, according to the consultancy Price Waterhouse Coopers', or PwC, Sports Outlook 2022 report for North America. From altering sports technology infrastructure to driving fan engagement, the report lists three main use cases for NFTs and their likelihood to shape the future of sports.
The first use case is collectible NFTs — assets used to sell collectible, authenticated and limited edition digital content. This refers to traditional memorabilia like trading cards of players or tickets stubs of historic matches that can be digitized, minted and traded on the blockchain. The report added that these collectibles could eventually be displayable and shared across metaverses.
The metaverse is the internet on steroids. It’s a 3D location shared by millions of connected users where anything is possible. And with multi-billion dollar companies going to the extent of rebranding themselves to accommodate the metaverse, it is safe to say that we are at the cusp of a revolution!
There has been a remarkable explosion of blockchain gaming projects at the conjuncture of NFTs, Player-versus-Player (PvP) and Play-to-Earn (P2E) model. The number of active blockchain gaming projects has doubled in 2021 alone, soaring to over 400 projects with the gaming user base quadrupling in the last two months of 2021.
One such game that has been generating hype and a sense of WAGMI in the gaming community and crypto investors is the NFT-based gaming project, Guzzler. Guzzler is pegged to be blockchain’s hottest racing game while being a portal to the wider metaverse.
So, what is Guzzler all about and what lies ahead for it? Read on to find out.
An Overview of Guzzler
Guzzler (GZLR) is a crypto gaming project that is niched towards car racing enthusiasts and car designers. The game offers customizable and operable cars, wheels, body kits, color mods and performance parts to be minted as NFTs for voyaging through the game and beyond into the metaverse.
The project reimagines “travel” through the metaverse indicating that the game may grow out of the confines of strict racing and even be of utility in the wider metaverse for driving and renting among other things. The GZLR community currently consists of 4540 $GZLR holders and 18,623 members and is rapidly expanding.
Bitcoin Bitcoin
39,086.6-820.9 (-2.06%)
07:05:12 - Real-time Data
39,084.8
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39,000.0
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5 Min:Strong Sell
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(BTC) could be seeing renewed interest from big buyers as data shows large tranches of coins leaving major exchange Coinbase (NASDAQ:COIN).
As shown by monitoring resources including Whale Alert and CryptoQuant on March 11, an unknown wallet has received almost 30,000 BTC from the United States platform.
Coinbase Pro Bitcoin reserves chart. Source: CryptoQuant
Bitcoin exchange reserves chart. Source: CryptoQuant
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