Non-fungible tokens (NFTs) and gaming cryptocurrencies like Flow, Decentraland and Enjin opened the week perfectly.
Game cryptocurrency refers to the cryptocurrency of the blockchain networks that support digital games.
At the time of writing this article, the price of FLOW is up more than 4% in the past 24 hours, and its price is around $26.58, according to CoinGecko.
The “Flow” project was developed by the same founder of the decentralized game “CryptoKitties”.
Project Flow is a Proof of Stake (PoS) blockchain designed specifically for non-fungible tokens (NFTs) and many large-scale crypto games.
NFT is a type of cryptographic unique digital token that can be minted as one-of-a-kind or in limited quantities.
Because NFTs are not interchangeable and cannot be imitated or counterfeited, they have become popular among collectors, with some selling for tens of millions of dollars.
The most popular NFT project based on the “Flow” blockchain is the “ NBA Top Shot ,” a series of collectible trading cards where each represents a particular moment in American basketball history.
The platform quickly took over the NFT sector shortly after its launch this year.
Earlier today, the “NBA Top Shot” announced the biggest sale ever on its platform after selling a picture of the legendary “Lebron James” in NFT format for $230,000.
Meanwhile, other NFT tokens and gaming-oriented ventures are enjoying positive gains today as well.
The price of the digital currency “MANA”, which is the original token of the Ethereum-based “Decentraland” virtual world, broke above $1 today.
Similarly, ENJ, which is linked to the gaming blockchain, Enjin, grew more than 7% to rise around $2.20.