Market Cap

Cardano Partners With Chainlink for DeFi Smart Contracts Development

During a period of major corporate and institutional interest in the crypto industry, nearly 5,000 new tokens have emerged in the last 12 months, averaging over 10 new coins per day, new data shows. Cryptocurrency Boom of 2021 As can be observed on CoinMarketCap’s homepage, the number of existing cryptocurrencies has recently surpassed 12,000. This is well over the approximately 7,100 coins recorded by the site in September of last year, meaning that at least 4,900 new digital assets have been created in the last 12 months alone. This represents

Companies Going Public in 2021: Visualizing IPO Valuations

Can I share this graphic?Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license?Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options. Interested in this piece?Click here to license this visualization. ▼ Use This Visualization Companies Going Public in 2021: Visualizing Valuations The beginning of the year has been a productive one for global markets, and

Electronic Arts buys mobile game studio Playdemic for $1.4 billion

Video game giant Electronic Arts is continuing to make M&A moves as it looks to bulk up its presence in the mobile gaming world. Fresh off the $2.4 billion acquisition of Glu Mobile this past April, their biggest purchase to date, Electronic Arts announced Wednesday that they are buying Warner Bros. Games’ mobile gaming studio Playdemic for $1.4 billion in an all-cash deal. The Manchester studio is best known for its release “Golf Clash” which the studio boasts has more than 80 million downloads globally. The rather ominously-named startup is

Insights Into the World-Changing Potential of On-Chain Gaming

Blockchain technology and the decentralization movement are set to disrupt many industries, but perhaps none more than gambling. By bringing transparency to a once-opaque industry, on-chain gaming promises to shine a light onto a sector characterized by intransparency and a lack of fairness. What is Decentralized Gambling? Decentralized gambling takes control away from centralized organizations which typically operate gambling sites. This design model opens the doors to player-centric mechanisms, one of which provable fairness.  All payouts and bets are verifiable with all transactions recorded on-chain, thereby leaving platforms with no

Edward Gaming Partners With Electronic Automobile Maker HYCAN

Edward Gaming (EDG) announced that it has signed a partnership deal with Chinese electronic automobile brand HYCAN. The announcement was made by Edward Zhu, founder of Chinese esports organization, on his Weibo social media page. HYCAN will act as EDG’s official designated partner, according to  Zhu’s post. Financial terms of the deal were not disclosed. In addition, Zhu promised that if EDG could win the League of Legends Spring Split and go on to attend the Mid-Season Invitational (MSI) in Iceland, he would gift an HYCAN  vehicle to an EDG

From NFT Songs To NFT Dance Moves – Snap Boogie Creates Emoji For Enjin

.Just yesterday, the “Technoking” of Tesla (formerly CEO of Tesla) Elon Musk surprised the world by writing a song and planning to sell it as an NFT. Today, street performer and freestyle dancer Snap Boogie released the first dance NFT, which will be used in Enjin’s gaming multiverse. The first NFT in the BITS collection is Speedy Walkovers, a timeless dance move that has been performed at NBA halftime shows. The owner of this token can unlock @snapboogie's signature movements & flavor in @AlterVerseGame, a PC & VR-compatible game.https://t.co/lx3rcJx2uw pic.twitter.com/nVv8uT7pjx

Two Crypto Assets Could See Imminent Exponential Gains, Says Analyst Josh Rager

Popular crypto analyst Josh Rager is naming two coins he believes are set to explode as enthusiasm for non-fungible tokens (NFTs) grows. Rager says that two small cap crypto gems are set to receive a lot of attention, comparing their small market caps to the likes of the billion-dollar gaming platform Enjin (ENJ). ADVERTISEMENT “Sure, Enjin is good but people are getting in Enjin at a $1.5 Billion market cap, while Gameswap (GSWAP) and Shroom.Finance (SHROOM) are sitting at only $17 million and $34 million market caps, with decentralized exchange

Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is Chiliz, a blockchain platform created by the Socios fan engagement platform. The project is designed to allow fans to purchase branded Fan Tokens that let them influence their teams through the popular vote. According to the project website, all Fan