Summary

• This article provides an overview of 13 gaming coins that are worth investing in. These include Metacade (MCADE), DApp Rader (DAPR), Axie Infinity (AXS) and more.
• Each coin offers unique features and benefits, such as play-to-earn mechanics, innovative incentive systems, and direct funding for blockchain projects.
• Investing in these gaming coins can help to revolutionize traditional gaming and provide users with the opportunity to earn a crypto income.

The 13 Best Gaming Coins to Invest in – 2023

Crypto gaming coins are some of the most sought-after investment opportunities in Web3, and for good reason. The GameFi sector is a fast-growing industry that has the potential to revolutionize traditional gaming forever. For anyone seeking the best gaming tokens to buy right now, here are 13 of the most promising investments available now:

Metacade (MCADE)

What is MCADE? Metacade is the biggest on-chain arcade. The platform offers the largest collection of play-to-earn arcade games out of any comparable project, which is unique in the world of Web3. While most gaming platforms offer a single gaming experience, Metacade offers many all in one location. Games in the Metacade can be played casually or competitively, and every single title provides automatic financial rewards through the play-to-earn mechanic. Users can earn MCADE tokens while progressing through endless levels or by competing against other gamers directly in exclusive tournaments.

Benefits of Investing in MCADE

Metacade also aims to become a central hub for the Web3 community. It will contain all the latest information about the best gaming crypto projects, including the latest trends and alpha. The community hub rewards content creators for their contributions, which is an innovative incentive system that could serve many users over the coming years. Metacade also aims to support the expansion of blockchain technology directly through its Metagrants program by providing direct funding for new arcade games that receive positive community reviews before they’re officially released into circulation on Metacade’s platform. Community members can test out new games before they are officially released and earn a crypto income in return..

Other Promising Gaming Cryptos

Other promising investments include DApp Rader (DAPR), Axie Infinity (AXS), Enjin Coin (ENJ), STEPN (GMT), Star Atlas (ATLAS), The Sandbox(SAND), ApeCoin(APE) Upland(UPX) Gala Games(GALA) Decentraland(MANA) AltSignals(ASI) Illuvium(ILV).

Conclusion

In conclusion, investing in these cryptocurrency tokens can help users take part in an evolving industry with great potential for growth over time while earning additional income at home via game playing activities at any hour they choose!

• Crypto volatility skyrocketed this weekend due to the collapse of Silicon Valley Bank (SVB) and Silvergate.
• This resulted in $791 million of liquidations over four days, with $383 million longs liquidated in a 48 hour period alone.
• Late Sunday, news that deposits will be made whole at SVB propelled the market upwards with $150 million of shorts sellers liquidated as Bitcoin retook $22,000.

Crypto Volatility Rises Following Collapse of SVB and Silvergate

The crypto markets were rocked this weekend by the collapse of US banking giants Silicon Valley Bank (SVB) and Silvergate. This caused crypto volatility to increase dramatically with investors experiencing large losses due to liquidations.

$791 Million Liquidations Over Four Days

In total, there were $791 million of liquidations over the course of four days. Of this figure, an eye-watering $383 million were longs that were liquidated during a 48 hour period alone – making it the largest 48 hour number of liquidations this year so far.

Bitcoin Retakes $22,000 After News Deposits Made Whole at SVB

Late on Sunday however, news came out that deposits would be made whole at SVB, causing a surge in prices across all cryptos. This saw Bitcoin retake its position above the important level of $22,000 as well as resulting in the liquidation of around $150 million worth of short positions.

Fed Move Stabilizes Prices but Implications for Crypto Market Negative

Despite moves from the Fed stablizing prices across traditional markets and 2023 showing signs that these markets are bouncing back from their slump earlier this year – it is clear that there could be some negative implications for the crypto market overall in the long term which should concern investors considerably going forward.

Conclusion

Ultimately, this weekend has demonstrated just how volatile and unpredictable crypto can be when faced with external factors such as bank collapses or macroeconomic movements like we have seen here recently with trad-fi wobbling significantly. It is therefore essential for investors looking to capitalize on these markets to remain vigilant and aware of any developments which could affect their investments going forward

• Sony Network Communications and Astar Network have received over 150 registrations for their Web3 Incubation Program.
• The program will be mentored by senior executives from Sony, Astar Network, Microsoft, AWS, Dragonfly, and Blockdaemon.
• Registrations will close on Monday, March 6th at 11:59 PM Pacific Time.

Sony Network Communications & Astar Network’s Joint Web3 Incubation Program

Sony Network Communications and Astar Network have partnered to create a joint Web3 Incubation Program to nurture projects for the blockchain industry. The program has seen an overwhelming response, with over 150 registrations already submitted.

Mentors

The participants in the program will receive mentorship from senior executives at Sony, Astar Network, Microsoft, AWS, Dragonfly, and Blockdaemon.

Registration Deadline

Registrations for the program are due on Monday, March 6th at 11:59 PM Pacific Time.

Organization of Program

Startale Labs (a company founded by Astar’s CEO Sota Watanabe) is organizing the incubation program that is set to run from mid-March to mid-June.

Objectives of Sony & Astar

Sony is exploring how blockchain technology can solve various problems in their industry while Astar hopes to quickly find relevant Web3 solutions through this partnership. Together they hope to nurture projects that can help further develop the blockchain sector.

• IMF Managing Director Kristalina Georgieva has revealed that the International Monetary Fund is seeking to regulate private cryptocurrencies.
• She stated that the IMF does not want an outright ban on digital assets and wants to differentiate and regulate crypto assets.
• Georgieva pointed out that cryptocurrencies could not be legal tender since they are not backed, but added that the option to ban crypto assets should not be completely dismissed if they begin to pose a greater risk.

IMF Seeking More Regulations on Private Cryptocurrencies

The International Monetary Fund is seeking more regulations on private cryptocurrencies, according to Managing Director Kristalina Georgieva. She made this statement while speaking at the G20 finance ministers‘ meetings in India. The IMF doesn’t want an outright ban on digital assets, but instead wants to differentiate and regulate crypto-assets.

Cryptocurrencies Cannot Be Legal Tender

El Salvador recently became the first country in the world to make Bitcoin a legal tender, however Georgieva said this was not possible due to them being unbacked by states. She added that if crypto-assets become too risky then banning them should still be considered as an option.

Differentiating Between Central Bank Digital Currencies & Stablecoins

Georgieva stated that their first objective was to distinguish between central bank digital currencies (backed by states) and publically issued stablecoins. Fully-backed stablecoins can create a good space for cryptocurrency economies, however non-backed crypto-assets are highly speculative and very risky investments.

Regulating Digital Money Is A Top Priority

The IMF director explained how she wanted the UN financial agency’s current approach towards digital money and what it would like to achieve through regulation of it. She said regulating digital money is now a top priority for them as they do not want an all out ban on cryptos or other digital assets yet with high risks involved they must also consider banning options if needed in future.

Confusion Around Classification Of Digital Money Exists

Georgieva also mentioned there is still much confusion around classifying digital money which makes it difficult for regulators worldwide when looking into these new technologies and formulating laws accordingly. As such more clarification is required before any further steps can be taken regarding regulating private cryptocurrencies globally

• Jump Crypto, a Chicago-based subsidiary of Jump Trading, is reportedly the US trading firm that made over $1.28 billion off Luna tokens according to the SEC.
• The SEC has charged Terraform Labs and its CEO Do Kwon with misrepresenting human effort as a software algorithm in order to help TerraUSD (UST) regain its $1 peg.
• The US-based trading firm secured a deal with Terraform Labs to buy Luna tokens at massive discounts, allowing them to make huge profits when they were sold on secondary markets.

Jump is the ‚US trading firm‘ that made $1.28 billion off LUNA: report

The US Securities and Exchange Commission (SEC) recently filed charges against Terraform Labs and its CEO Do Kwon for misrepresenting human effort as a software algorithm in order to help TerraUSD (UST) regain its $1 peg. Sources now claim that the unidentified trading firm is Jump Crypto, a Chicago-based subsidiary of Jump Trading.

Jump’s Deal with Terraform Labs

Jump had been providing market making services for Luna since 2019, but it was not until May 2021 – when UST de-pegged – that the company stepped in to buy Luna tokens at massive discounts from Terraform Labs. This allowed them to make huge profits when they were sold on secondary markets, leading them to realize over $1.28 billion in profit from their trades.

Terra Misrepresentation

Despite helping UST regain its dollar parity via this deal, Terra misled the public by presenting the re-pegging as a result of the stablecoin’s software algorithm rather than human effort put forth by third parties such as Jump Crypto.

SEC Charges Against Kwon and Terraform Labs

The SEC has thus brought charges against Kwon for his role in this mismanagement of funds and failure to disclose crucial information regarding Jump’s involvement in helping UST repeg.

Conclusion

Ultimately, it appears that Jump Crypto was able to take advantage of an opportunity presented by Kwon and his team at Terraform Labs which led them to reap massive profits while deceiving investors into believing they were dealing with an automated system instead of humans making decisions behind the scenes.

• Tether reported a net profit of $700 million in its recent Q4 attestation report.
• The company revealed that the majority of its investments are held in cash, cash equivalents, and other short-term deposits.
• Tether’s consolidated assets exceeded its liabilities as of Dec. 31, 2022, reflecting excess reserves of at least $960 million.

Tether Reports Net Profit in Q4 Attestation Report

Stablecoin issuer Tether recently published its latest attestation report on Thursday, February 9th revealing a net profit of $700 million in the previous quarter despite the ongoing bear market. In addition to this profit figure, Tether also reported that its reserves remain extremely liquid with the majority of investments being held in cash and other short-term deposits.

Excess Reserves

The company further revealed that their consolidated total assets amounted to at least $67.04 billion while their consolidated liabilities amounted to $66.08 billion as of December 31st 2022 reflecting excess reserves amounting up to at least $960 million. This is the first time that Tether has disclosed such figures which have been attested by an accounting firm BDO.

Ceasing Secured Loans From Reserves

This news comes barely two months after Tether pledged to stop issuing secured loans from its reserves which would be part of shareholder equity or what is left over from reserves after all expenses have been accounted for.

Adoption & Growth

In a statement released by CTO Paolo Ardoino he said; “Tether once again proved its stability in the troubled year of 2022. Not only were we able to smoothly execute over $21 billion dollars in redemptions during the chaotic events of the year, but Tether has, on the other side, issued over 10 billion USDT an indication of continued organic growth and adoption”

Conclusion

The latest profits reported by Tether show how stablecoins can still generate high returns even during bear markets while maintaining liquidity and security for investors‘ funds through proper management and transparency

• Indonesia is set to launch a national crypto exchange in the next few months.
• The country’s Trade Ministry has identified five active, registered exchanges from a list of 25 for the role.
• The government is aiming to have the crypto bourse ready by June 2023.

Indonesian Government to Launch National Crypto Exchange

The Indonesian government plans to roll out its national cryptocurrency exchange in the coming months. According to the country’s Trade Ministry, five active and licensed platforms have been chosen from a total of 25 exchanges that applied for inclusion in the project. The goal is to have the crypto bourse ready by June 2023.

Omnibus Law Establishes Regulatory Framework

In December 2020, lawmakers in the House of Representatives passed an omnibus law which serves as Indonesia’s primary legal reference for the broader financial services industry. This law also covers regulatory oversight of crypto exchanges, providing clarity and protection for users when trading with digital assets.

Review Process Underway

The review process for digital asset exchanges selected to join the national crypto exchange is currently underway. Once completed, these exchanges will be authorized and supervised by regulators within their respective jurisdictions before they can operate legally on Indonesian soil.

Trade Minister Calls For Caution

Indonesia’s Trade Minister Zulkifli Hasan recently called on authorities not to rush into launching the project too quickly, as this could potentially harm citizens who are still learning about cryptocurrency trading and need proper protection from risks associated with it. He stated that it was important that all due diligence was done before officially launching the platform so that traders would be able to do so safely and securely without any issues or worries about fraud or other malpractices taking place on it.

Growing Crypto Community In Indonesia

Indonesia has one of the fastest growing cryptocurrency communities across Asia Pacific, making this upcoming launch all more important for them as well as other countries looking at increasing their own adoption rates within their borders as well. With greater regulatory clarity provided by laws such as this omnibus bill, more investors will likely feel safe enough to enter into trades with cryptocurrencies in Indonesia going forward.

• Yield App, a digital wealth platform, acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies.
• The acquisition brings four new structured products to the Yiled App product suite and makes Yield App one of the leading digital wealth platforms.
• The team at Trofi Group has 30 years experience in derivatives desks at JP Morgan and HSBC.

Yield App, a digital wealth platform that offers safe custody of digital assets, recently announced they have acquired Trofi Group, a platform that offers structured solutions for cryptocurrencies. This acquisition brings four new structured products to the Yield App product suite, making them one of the leading digital wealth platforms.

The team at Trofi Group boasts of 30 years experience in derivatives desks at JP Morgan and HSBC. This experience and knowledge makes them a great addition to Yield App, as they will now be able to build best-in-class crypto-structured products. This will provide customers with a superior suite of products.

Commenting on the acquisition, the CEO of Yield App, Tim Frost, said: „The acquisition of Trofi Group establishes Yield App as a pioneer within the crypto-structured products arena, making us one of only a few platforms to bridge the gap between traditional finance and crypto. We are grateful to the team at Trofi for trusting us to continue their excellent work in bringing enhanced yield structured products to crypto. We look forward to leveraging their expertise and providing even more value to our customers.”

Yield App provides a safe and secure way to store, exchange and earn on digital assets. The platform allows customers to earn on their assets at market-leading rates, and the addition of Trofi Group’s structured products will only improve the user experience. With this acquisition, Yield App is now one of the leading digital wealth platforms, providing customers with the highest quality products and services.

The team at Yield App is thrilled to have Trofi Group on board, and they look forward to using their expertise to provide even more value to their customers. This acquisition marks a major milestone for Yield App and is a testament to their commitment to providing customers with the best digital wealth platform experience.

• Former FTX president Brett Harrison has announced his new project Architect has raised $5 million from investors.
• Backers include Coinbase Ventures, Circle Ventures and SV Angel among others.
• Architect is buildig new institutional-grade trading technology.

Former FTX president Brett Harrison has raised $5 million in a seed round funding for his new crypto project, Architect, a Decentralised Finance (DeFi) venture. Harrison announced the news on Friday, revealing the investment had come from some of the top venture investors in the crypto space, including Coinbase Ventures and Circle Ventures.

The new platform is aimed at institutional investors and has been in stealth development since last September. Other investors that have backed the project are SALT Fund, Third King Venture Capital, Motivate Venture Capital and SV Angel. SkyBridge Capital’s Antony Scaramucci has also invested in the new crypto software project.

The goal of Architect is to provide institutional-grade trading technology. Harrison believes that Architect will fill a gap in the crypto markets, allowing for streamlined and efficient trading. By using a combination of machine learning and advanced algorithms, Architect will be able to quickly identify and execute trading opportunities for its investors.

Architect will also provide investors with access to a range of tools and services designed to help them make more informed decisions. This includes access to market data, analytics, and order management tools. Additionally, it will offer a range of risk management tools, such as portfolio diversification and risk analysis.

The new platform will also feature an integrated portfolio management system, allowing investors to easily manage their investments. This will be done via an intuitive user interface, making it easier to track and manage investments.

Harrison is confident that Architect will be able to revolutionise the way institutional investors trade in the crypto markets. With its combination of advanced technology and risk management tools, Harrison believes that Architect will provide investors with an edge in their trading decisions. With the $5 million investment, Harrison is now looking to further develop the platform and bring it to market.

• The Play to Earn model has been the starting point in the NFT gaming development, but it has created a difficult concept where players are not as interested in making money as in having fun.
• A new branch of industry is emerging that focuses on engagement, emotions and the best traditions of WEB 2.0 games, combined with the use of NFT.
• NFT space continues to battle user attraction and retention in order to become the realisation of an exciting tool that allows players to immerse in addictive gameplay and unleash their creativity while engaging in the game.

The emergence of Non-Fungible Tokens (NFTs) in the crypto world has been an ongoing trend for a few years now. Initially, it was known for its funny cats, but has since grown into a global phenomenon that is constantly responding to market conditions and user requirements. Recently, the NFT space has been greated with the introduction of the Play to Earn (P2E) model, where users can earn thousands of dollars by completing in-game tasks. This has been a great incentive for most players, as they now had the chance to make money while playing.

However, the P2E model has created a difficult concept where players are not as interested in making money as they are in having fun. This is why many projects that have implemented the P2E model have failed to attract and retain users, as making money during the red market can be quite challenging and these games cannot offer anything interesting.

To address this issue, a new branch of the industry is emerging that focuses on engagement, emotions and the best traditions of WEB 2.0 games, combined with the use of NFTs. This combination is what makes NFTs the realisation of an exciting tool that allows players to immerse themselves in addictive gameplay and unleash their creativity while engaging in the game. This approach to gaming is what is needed in order to attract and retain users.

The NFT space is constantly evolving and it is up to the developers to find ways to make the games engaging and fun. This means introducing things like competitions, rewards and other incentives to keep users hooked and wanting to come back for more. It also means finding ways to make the games more accessible to wider audiences, such as introducing tutorials and helpful resources, as well as making the games more user-friendly overall.

Ultimately, the goal of NFT games is to create an environment where users can have fun, as well as make money. It is only when these two elements are combined that users can truly benefit from the power of NFT gaming. The future of the industry is dependent on developers creating games that are both engaging and profitable, and that offer something unique and different to players. The implementation of the Play to Earn model is a great start, but it is up to the developers to continue to innovate and find ways to make the NFT space a fun and profitable experience for all.