INFINITE ARCADE- Bringing Casual gaming into the metaverse!

Today I wanted to talk about Nexxt Gaming Guild which, in case you didn’t know already, is a gaming guild that is building a community of game enthusiasts in the next phase of the internet. They are currently supporting an array of projects that are fun to play and working on building their community into a positive and inclusive ecosystem in the metaverse. NGG – Nexxt Gaming Guild is the gateway to the future of gaming for everyone by providing opportunities for people of all backgrounds. Nexxt Gaming Guild only invests in projects that give the best balance of fun and they aim to empower their members to learn while doing what they enjoy.
Recently, they’ve partnered up with Infinite Arcade which is a mobile-centric games platform built to launch the casual game industry into the metaverse. One set of NFTs will provide access to a portfolio of high-quality casual games. Small game development studios will get access to the "metaverse-in-a-box" so they can launch their games, without having to figure out smart contracts, token design, and the community at scale.
What sets Infinite Arcade apart, from other projects, is really their focus on "Casual" games which I will be discussing further in today's video...


Links to the project:
Website: https://ngg.games/infinitearcade/
Infinite Arcade Discord:   / discord  
Infinite Arcade Twitter:   / infinite_arcade  

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#Crypto #Metaverse #NFTs #Bitcoin

What is Bitcoin?
Bitcoin is the first ever cryptocurrency created using blockchain technology. The concept of Bitcoin was originally proposed by Satoshi Nakamoto in 2009 as a decentralized peer-to-peer digital currency based on the SHA-256 protocol.

Bitcoin is a unique form of digital currency - it is fully open sourced without any central authority where anyone can take part. Bitcoin allows for fast and anonymous transactions with low transaction fees. Since the absolute supply of BTC has a fixed issuance of 21 million Bitcoins by the year 2140, it may theoretically increase in value over time.

What is an NFT?

NFT stands for non-fungible token.

In economics, a fungible asset is something with units that can be readily interchanged - like money.

With money, you can swap a £10 note for two £5 notes and it will have the same value.

However, if something is non-fungible, this is impossible - it means it has unique properties so it cannot be interchanged with something else.

It could be a house, or a painting such as the Mona Lisa, which is one of a kind. You can take a photo of the painting or buy a print but there will only ever be the one original painting.

NFTs are "one-of-a-kind" assets in the digital world that can be bought and sold like any other piece of property, but they have no tangible form of their own.

The digital tokens can be thought of as certificates of ownership for virtual or physical assets.

How do NFTs work?
Traditional works of art such as paintings are valuable because they are one of a kind.

But digital files can be easily and endlessly duplicated.

With NFTs, artwork can be "tokenized" to create a digital certificate of ownership that can be bought and sold.

As with crypto-currency, a record of who owns what is stored on a shared ledger known as the blockchain.

The records cannot be forged because the ledger is maintained by thousands of computers around the world.

NFTs can also contain smart contracts that may give the artist, for example, a cut of any future sale of the token.