The release of AnRKey X’s new GenSys.X NFT has launched the gaming platform to the number one spot on Rarible with over 120ETH sold (just shy of $200k), the decentralized marketplace for NFTs.
AnRKey X is a gDEX (Decentralized Finance Gaming Platform Exchange) platform that merges the best of Defi yield farming, esports, and Web3 NFTs. Its GenSys.X digital collectible card set is the rarest collection of NFTs they have available, and can be used to win prizes, earn staking rewards, get discounts, and a host of other benefits.
The red-hot NFTs sold out so quickly, in fact, that AnRKey X had a spot of trouble processing all the orders on time. All orders were eventually fulfilled, however, allowing early adopters to take ownership of their GenSys.X NFTs.
The Rise of NFTs
NFTs, more formally known as non-fungible tokens, are cryptographic collectible tokens that represent something unique and cannot be replicated. The market recently exploded with NFT sales quadrupling last year to $250 million as cited by CNBC, and has well-known artists like Beeple selling their crypto art through NFTs for millions apiece.
Rarible, one of the biggest players in the NFT space, is both a marketplace for people to sell their crypto assets and a distributed network that allows for those crypto assets to be traded without the use of a middleman.
The rise of NFTs has a lot to do with their authenticity and flexibility as they can be used for digital artwork, memes, pieces …
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