Altcoin WatchCointelegraph.comCryptocurrenciesDappsdecentralized marketplaceGamblingMarketsTron

Gambling tokens hit the jackpot as COVID-19 lockdowns drag on

Blockchain gambling and gaming projects have seen their token prices triple as the COVID-19 lockdowns alter the nature of entertainment.
Global developments over the past year have reshaped all aspects of daily life for most people and initiated some structural changes in how society operates. Lockdowns and travel restrictions have led to the rise of remote working and altered the way people make use of their free time. The coronavirus pandemic essentially shut down travel and this has had a direct impact on most entertainment hubs around the world. Gambling destinations like Las Vegas and Macau were pulverized by the pandemic and most of the world’s most popular sporting events were halted or took place without spectators being present. The charts show that crypto projects focused on gaming and gambling have seen a surge as of late and three notable projects are WINk (WIN), FunFair (FUN) and Decentral Games (DG). WIN/USDT WINk is a gaming platform that allows users to play, stake assets and socialize across multiple blockchain ecosystems that utilize the WIN token as their native digital asset. The platform is built on Tron (TRX) blockchain and looks to offer a decentralized gaming experience that allows developers to create dApps. WIN/USDT 4-hour chart. Source: TradingViewData from Cointelegraph Markets and TradingView shows that the price of WIN has gained 720% in 2021, increasing from a low of $0.000058 on Jan. 1 to a high of $0.000477 on March 20 thanks to a record $338 million in 24-hour trading volume.VORTECS™ data from Cointelegraph Markets Pro …
Story continues on Cointelegraph

Related posts
ANKRCoinbaseCRVMarketsSTORJTrading

Coinbase to List ANKR, CRV, and STORJ

Coinbase is adding fuel to the bull run as it continues listing more tokens to its retail platform. The San Francisco-based cryptocurrency exchange revealed that it would add support for Ankr, Curve DAO Token, and Storj, sending prices into higher…
CoinsharesCointelegraph.comCryptocurrenciesGrayscaleInvestments

Institutional managers hold a record $57B worth of crypto, according to CoinShares

Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors. Inflows into cryptocurrency investment products topped $57 billion last week, marking a new all-time high and underscoring the rapid adoption of…
ArtistsBusinessCointelegraph.comCrypto.comMusicNFTNon-fungible Tokenssports

Crypto .com launching NFT platform with exclusive content from artists

“NFTs are a super exciting way to forge deeper bonds with my supporters,” said musical artist Alex Mansoor. Cryptocurrency exchange Crypto .com will be launching a non-fungible token platform this Friday featuring content from major artists, athletes, and musicians.In an…