2 years ago
The terms of Flow’s FLOW token surged 11% successful the past 24 hours arsenic a new, officially licensed mobile crippled showcasing the Beijing 2022 Olympics Winter Games was launched connected the web this week.
NWayPlay’s Olympic Games Jam: Beijing 2022 is simply a play-to-earn mobile crippled that was created successful collaboration with the International Olympic Committee, according to a property release. Players vie successful a bid of arcade-styled wintertime sports to gain Olympic NFT integer pins arsenic they vie for the gold.
FLOW tokens surged to arsenic precocious arsenic $9 connected Wednesday from the erstwhile day’s $6.97 level. Prices person been successful a dependable uptrend since past week’s $5.50 level. FLOW, however, saw absorption astatine $8.50 arsenic prices tumbled to $7.94 successful aboriginal Asian trading hours.
FLOW tokens surged to implicit $9 earlier seeing a sell-off. (TradingView)
NFTs, abbreviated for non-fungible tokens, are blockchain-based representations of tangible oregon intangible objects. The assemblage grew from a niche successful 2019 to a multibillion dollar elephantine today, with players from some crypto and accepted companies issuing oregon utilizing NFTs.
NWayPlay offers players the quality to link via some custodial and non-custodial wallets, meaning they could acquisition in-game assets by recognition paper oregon link to autochthonal crypto wallets with the tokens they person earned.
The crippled is disposable connected some Android and iOS apps and tin beryllium accessed with a nWayPlay ID – nary wallet connection, dissimilar astir crypto apps, is required to play the game.
The Olympics’ branded crippled joins different products moving connected the Flow network. Flow developers said successful the merchandise determination are 1.2 cardinal registered users connected the hoops paper trading crippled NBA Top Shot, 1 cardinal signups for cricket crippled Crictos and much than 3.7 cardinal idiosyncratic accounts connected Flow.
FLOW tokens, however, person been 1 of the biggest losers for investors. Prices are down 80% since highs of $42 past April, and they fell to arsenic debased arsenic $4.42 past month.
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Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
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