Exploring Income Opportunities in Blockchain Gaming: Decentraland, NuggetRush, and The Sandbox
In Brief
Decentraland’s (MANA) community eagerly looks forward to its forthcoming airdrop.
TLDR
- The Sandbox (SAND) has decided to cut down its NFT minting fees following its transition to Polygon.
- NuggetRush’s (NUGX) impressive $1 million in revenue from its token sale is drawing in many play-to-earn investors.
- Recent activity around Decentraland (MANA) may get a boost thanks to its upcoming airdrop . Meanwhile, The Sandbox (SAND) has transitioned its NFT marketplace to the Polygon network.
The mining-themed adventure game has been in the spotlight, showcasing multiple reward-earning opportunities . Additionally, NUGX’s presale has enjoyed a 30% surge. However, the question remains: can NUGX outperform established P2E contenders like MANA and SAND? Let's dive into expert insights.
However, NuggetRush’s (NUGX) Decentraland Launches Airdrop Amid Market Challenges
Decentraland (MANA) is conducting a community airdrop , a move that has sparked fresh interest in the project. This airdrop arrives despite Decentraland’s struggles in the market, even as the broader crypto landscape enjoys a bullish surge. While enthusiasm for numerous tokens has surged, the growth of Decentraland (MANA) has noticeably slowed.
The MANA token was priced at $0.3790 on October 29. By December 1, it saw a rise of 15.9%, reaching $0.4396. This uptick continued, with a further 21.6% increase to $0.5348 by December 9, before facing an 11.2% drop to $0.4748 on December 18.
The airdrop from Decentraland (MANA) will heighten the anticipation surrounding its cross-chain NFT shopping upgrade . Thanks to a collaboration with Squid Router and the Axelar network, Decentraland’s marketplace will start accepting NFTs from prominent altcoins, such as Polygon and Ethereum.
This enhancement is designed to simplify the NFT shopping experience within Decentraland, potentially driving MANA’s value up by 31.5% to $0.6248.
NuggetRush: A Hub for P2E Mining Enthusiasts
NuggetRush (NUGX) stands as a revolutionary force in the realm of play-to-earn gaming networks , emphasizing a captivating mining adventure filled with diverse earning opportunities. It also features an effortless approach to converting in-game assets into real money.
NuggetRush (NUGX) In this mining adventure, players journey through an ecosystem bustling with miners, challenges, and supporters. They start off as novices, gradually honing their skills to become expert miners and reaping significant financial rewards.
NuggetRush (NUGX) celebrates the global passion for artisanal mining and introduces various NFT characters from different cultures. These characters come with unique skills that range from mining expertise to entrepreneurial flair. To succeed, players must leverage these talents by building an effective team .
Moreover, strategic investment in efficient mining tools is crucial, as it influences the potential rewards derived from mining activities . Players can also profit from the mineral resources excavated during their ventures.
NuggetRush’s (NUGX) attractive rewards structure has successfully drawn numerous investors. Its ongoing blockchain ICO has surpassed $1 million in funding since the presale launch. Presently in round three of its presale , NUGX trades at $0.013, boasting a 30% increase since the start. The asset is set for listing once it hits $0.02, trending upwards with a growth of 58.3% from the round three price.
The Sandbox Shifts Its Digital Marketplace to Polygon
The NFT gaming community is buzzing with excitement following The Sandbox’s (SAND) migration of its NFT marketplace to the Polygon network. This transition promises lower minting fees for digital assets, enhancing accessibility for users. Additionally, The Sandbox will take on the cost of ten transactions for each user every month, contributing to a more affordable NFT experience .
This announcement could further enhance The Sandbox’s (SAND) performance. On October 31, SAND was trading at $0.3464. By December 2, it had surged by 23.3% to $0.4293 and then jumped 23.8% to $0.5317 by December 15, following the marketplace's migration.
High gas fees on Ethereum often deter participation in NFT markets. The Sandbox (SAND) is hopeful that by shifting to Polygon, it can tap into the renewed interest among NFT investors, potentially solidifying its position as one of the leading NFT projects.
Experts predict that after this move, The Sandbox’s (SAND) network could experience a significant rise. Projections suggest SAND might see a boost of 16.9% to hit $0.6217.
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Disclaimer
In line with the Trust Project guidelines Gregory, a financial analyst and digital nomad from Poland, contributes to a variety of online publications. With extensive expertise in the financial arena, his insights have been published widely. In his downtime, Gregory works on a book focused on cryptocurrency and blockchain technology.
