Custodial Wallets in NFT / Web3 Gaming

Hey all, another article here for the new year. This time I’m going to go over custodial wallets and their use cases in NFT / web3 gaming. I’ll try to explain it from the users standpoint and the companies standpoint with a few pros and cons. What is a custodial wallet? A custodial wallet for crypto or web3 is a type of digital wallet that is controlled and managed by a third-party organization, rather than the user themselves. This third-party organization, often referred to as a custodian, is responsible for managing the private keys and access to the user’s crypto

Crypto Unicorns

Overview There is another new blockchain game in town, and it is as cute as the Axies. Developed by Laguna Games inc. Crypto Unicorn is focused on the adorable Unicorn NFTs, where players can farm, race, and battle to earn rewards. The game will be released officially this coming May 2022, though you can already hatch eggs right now.  Crypto Unicorns revolves around the game’s NFT, the Unicorns. Like any other game, it has a life cycle. Unicorns start as an egg, they will get hatched, then evolve, and lastly, they can be paired with another Unicorn to breed a

Burn Mechanism Ideas for Blockchain Games

When Axie Infinity rose in popularity, the world went crazy. The tagline was “blockchain games are the future” “NFTs are the future.” Different NFT content creators flooded the internet, and various games were created, games that introduced people to blockchain gaming. However, there is an underlying issue within the current majority of NFT games and that is token utility.  First, let’s understand what an NFT is.  NFTs are (non-fungible tokens) digital collectibles; they are created so that people can own things on the internet. You can buy different kinds of them; there are collectible NFTs like the UFC NFT, where