CAN platform

Nonfungible tokens, or NFTs, and digital assets are one of the ten major trends within the sports industry, according to the consultancy Price Waterhouse Coopers', or PwC, Sports Outlook 2022 report for North America. From altering sports technology infrastructure to driving fan engagement, the report lists three main use cases for NFTs and their likelihood to shape the future of sports.

The first use case is collectible NFTs — assets used to sell collectible, authenticated and limited edition digital content. This refers to traditional memorabilia like trading cards of players or tickets stubs of historic matches that can be digitized, minted and traded on the blockchain. The report added that these collectibles could eventually be displayable and shared across metaverses.

Non-fungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse.

One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 (L2) scaling solution for the Ethereum (ETH) network designed to offer near-instant transactions and zero gas fees for minting and trading.

In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always be building.”

Kadena (KDA) is one project that has earned rewards from its forward-looking approach to development despite the weakness in the wider crypto market and the layer-one proof-of-work blockchain protocol has seen its price reverse direction recently.

The metaverse is the internet on steroids. It’s a 3D location shared by millions of connected users where anything is possible. And with multi-billion dollar companies going to the extent of rebranding themselves to accommodate the metaverse, it is safe to say that we are at the cusp of a revolution!

There has been a remarkable explosion of blockchain gaming projects at the conjuncture of NFTs, Player-versus-Player (PvP) and Play-to-Earn (P2E) model. The number of active blockchain gaming projects has doubled in 2021 alone, soaring to over 400 projects with the gaming user base quadrupling in the last two months of 2021.

One such game that has been generating hype and a sense of WAGMI in the gaming community and crypto investors is the NFT-based gaming project, Guzzler. Guzzler is pegged to be blockchain’s hottest racing game while being a portal to the wider metaverse.

So, what is Guzzler all about and what lies ahead for it? Read on to find out.