Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Web3 gaming studio Overlord plans to launch an NFT game with collaboration from Revolving Games backed by Pantera Capital, Animoca Brands, among many others.Web3 Game Studio Overlord joins hands with the likes of Revolving Games, Pantera Capital, and Animoca Brands to create an NFT game. This new NFT game idea is in its nascency and revolves around creepy lizard NFTs. Overlord and Revolving Games will produce an NFT game under the Overlord ecosystem. So, gear up to see mysterious colorful lizard NFTs in this upcoming blockchain game. As of now, the game hasn’t got any name to it, but we bet the name will include reptiles or lizards in it.While talking to Decrypt, Overlord co-founder shared plans for the upcoming project. The NFT blockchain game is a sci-fi project featuring exoplanets, galaxies, and universes. The game will use cross-chain technology from day zero. Moreover, players will use strategy, skills, and cunning methods to battle their way up in interplanetary domination. Besides, it is not only about players, there are several different alien species in the game. Each alien specie has its own story and context making them unique in attributes, skills, and motivation. Moreover, each alien specie has its own ways to conquer enemies depending upon technological advancements and abundant resources.

NFTs are in the news once again with Spotify and the NBA making use of them in their respective Web3 projects; read more about this! NFTs (non-fungible Tokens) are making a huge comeback after a brief (and unexpected) fall in their popularity graph. With the recent buzz around NFTs, on-chain development, and the latest developments in the sector, almost every major sector is making efforts to be some kind of part of it. Some huge brands, including Spotify and the NBA, are pursuing and investing in NFTs. Here are some of the latest developments going on in the NFT sector: Spotify has been a huge revelation in the field of the music industry. Their business ideas and marketing strategies have been second to none. After finding huge success in the conventional music industry, they have now turned their attention to the world of NFTs. On Wednesday, Spotify acknowledged a new integration on its music platform. It includes music playlists with token functionality that only a small group of users can access. Token holders will access the community playlists created and curated by the participating NFT organizations and communities. In order to achieve the objectives, they have joined forces with some big Metaverse groups, including Overlord and Kingship.