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NFT Craze Exhausted? Blockchain game platform switches to Physical Collectibles using DailyCoin


NFT Craze Exhausted? Blockchain game platform turns to physical collection

  • Blockchain game platforms are moving to physical collectibles alongside the NFT
  • Physical Collections provide unique tangible items to represent NFT
  • REVV Motorsport recently introduced a limited edition physical watch that comes with NFT Watches and REVV Value tokens
  • In March, Brave and Gala Games announced the BAT Tournament (LON 🙂 at Town Star, for physical collections, with more than 3,500 participants.
  • The NFT platform, Digible, provides services for NFT and physical collectibles

Irreplaceable tokens (NFT) took the crypto space by storm by 2021, with one big sale after another; Beeple’s massive $ 69 million sale is one of the most publicized. According to records of data, NFT currently has an overall market cap of $ 26,793,451,648.

Blockchain game platforms are answering the question “is the NFT fever exhausted?” with material collectibles.

What is physical collectibles?

While NFT offers owners a single digital collection to purchase, the physical collections offer a tangible item alongside the digital collection.

Physical collectibles like physical Bitcoin or “Casascius money”; Physical coins created by user Casascius. They were introduced in September 2011 and went on sale until November 26, 2013.

Physical collectibles were gaining in popularity at a time when people started questioning the value of NFT collectibles. Some of the collectible physics that are made up of rings are:

REVV Motorsport

In partnership with UNDONE, REVV Motorsport introduced limited edition physical watches. Beautiful and exclusive precision watches are available in three versions: Noir (black), Gilt (gold) and Blanc (steel).

Each of these watches will come with Watch NFT and REVV Value tokens. According to the announcement, the NFT meter will be redeemable for REVV tokens or credits on the REVV Motorsport platform. Although the selling date has yet to be set, REVV has promised that there will be more interesting changes.

The physical collector’s watch maker, REVV Motorsport is also a blockchain game platform for motorsport brands. This platform aims to bring together the best of the motorsport world and connect them to the REVV token.

The REVV token is currently the primary utility token and in-game currency of branded sports racing games produced by Animoca Brands, the creators of F1 Delta Time and MotoGP Ignition.

Brave games and Gala

In March, Brave and Gala Games announced the BAT Tournament at Town Star. The tournament is a blockchain-based agricultural simulation game on the Gala Games platform.

The tournament was a huge success, with more than 3,500 participants and prizes worth approximately 5,000 USD BAT. Last month, the partnership announced their second physical NFT collection.

Farm Bot Pickaxe Physical NFT begins retail for $ 250 on April 1. Farm Bot NFT is a polished, crystal-shaped sculpture of a laser-engraved Town Star Farm Bot. holding its pickaxe.

On the Flipside

  • As the price of the NFT soared, experts warned of an unsustainable bubble
  • When talking about NFT prices, Michael Moses, founder of auction database Mei-Moses, noted that he found “the shift to fractions disturbing”
  • Moses suggested that treating the NFT as a game meant “You don’t know the real value of the work.”

Reputable

Another emerging physical NFT platform is Digible. However, Digible has an interesting twist. Digible best features of two worlds combined; Rare and NFT physical collection cards.

On the Digible marketplace, individuals can sell, buy or auction real merchant-held game cards. Each card will have an NFT format. Also within the same ecosystem, a merchant can sell or access a variety of NFTs not supported by any physical token.

Continue reading on DailyCoin

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