In our regular Roundup series, we’ll be sharing some of the latest news and insights about digital collectibles, cryptocurrencies, and blockchain tech from the past few days. We’ll also add some of our own commentary. If there’s a link you believe should be included in one of our Digital Collectibles Roundups, let us know!
Gods Unchained mythic card sold in $31,000 auction - Story from Nederob.nl
While it’s not Gods Unchained’s most expensive card ever sold at auction - that honor still belongs to Hyperion at around $60,000 - Atlas is the first one-of-a-kind mythic rare card that a player has sold at auction. The $31,000 sum - or 210 ETH at the time - was acquired by selling the card as a digital asset on OpenSea. Notably, this same buyer has purchased $14,000 worth of other Gods Unchained cards. The other Gods Unchained unique mythic cards - Hyperion, Teyhys, and Prometheus - remain with their original owners as of this writing. Clearly, the Gods Unchained trading card market is already thriving.
Speaking of blockchain trading card games…
‘Game Changer’: Trading Cards Head to Blockchain to Transform Gameplay - Story from CoinTelegraph
While Cryptomages is another blockchain trading card game, it’s very different in gameplay than Gods Unchained. It actually has multiple battle modes and many different characters in an EXP-based trading card system. What’s interesting about Transcemdence’s game is that it’s powered by two separate blockchain networks: the TELOS blockchain for payments and the BitcoinSubsidium blockchain for the storage of the cards (NFTs) themselves. It’s going to be available on many mainstream platforms: Windows, Linux, MacOS, iOS, and Android. It’s a game worth watching.
Microsoft Validates Enjin’s Tech, Launches Azure Heroes - Story from AltCoinBuzz.io
Enjin gets their biggest partner yet, about as big as you can get in tech with Microsoft. Azure Heroes is Microsoft’s first official foray into digital collectibles, backed by ENJ - Enjin Coin. It’s a huge step forward for the Ethereum-based gaming platform, but Azure Heroes is more of a rewards system than an actual game, per se. People get stds from coaching, creating demos, and blogging about the Azure cloud computing service - essentially rewarding contributions to the tech community, But, what it does do is expose Enjin and its stable of games to a brand new and much larger audience thanks to Microsoft’s involvement. These rewards tokens could become nifty little digital collectibles investments as Enjin’s platform grows.
WAX (WAX) Launches Its Blockchain Gaming-Focused Cloud Wallet - Story From SludgeFeed
Wallets are the way to securely store all of your various cryptocurrencies and blockchain collectibles. But, there are so many to choose from, and to support all the various cryptocurrencies and tokens you acquire, you may end up having to keep track of many different wallets. While many companies are releasing innovations to crypto wallets all the time, the WAX blockchain network has launched one that’s focused towards blockchain gaming. It features two-click account creation and a simple interface to interact with the WAX dApps (decentralized Apps). This should go a long way towards WAX gaining popularity with a more mainstream audience than Ethereum or EOS.
Stryking opens auction for FC Bayern Munich crypto collectible NFTs - Story from @crypto_ninjas
In the wake of Sorare’s success with blockchain soccer trading cards, Stryking has now officially entered the fray with their FC Bayern Munich player card NFTs. However, these 18 player cards are one-of-a-kind. Stryking already has their [p[ular fantasy sports platform Football-Stars, but this is their first official foray into the blockchain collectibles market. There’s already plenty of bidding going on. It will be interesting to see what these initial one-of-ones will sell for auction’s end.
Any other blockchain or crypto news we should know about or any comments? Leave them below!
by R.A. Rowell
For digital collectibles enthusiasts like myself, Mintable.app is a godsend. It allows you not only the ability to display and interact with crypto collectibles you already own, but also an easy way to mint your own! Previously, you had to know how to code NFTs (non fungible tokens) along with smart contracts and deploy them yourself. Mintable gives you a way to do all that easily without you having to code anything. You can even create your own Non-Fungible Tokens in bulk, drastically cutting down on the transaction fees (know on Ethereum as gas) usually related to minting. The fee is only $1 a piece, and currently you can bulk up to 40 tokens at a time.
The Digital Collectibles Journal became aware of Mintable through a news feature involving their Mintable's new partnership with Jetcoin Institute. Jetcoin is working on tokenizing up-and-coming talent in the sports and entertainment business. They already have a "Jetcoin Champion" by the name of May Myat Noe, a supermodel superstar on the rise. Using their platform, Jetcoin is working to serve as a launchpad for the careers of many up and coming sports and entertainment stars.
These blockchain-powered digital collectibles are different from your traditional collectibles in that they are tokens on the Ethereum Blockchain. These tokens use the ERC-721 smart contract protocol which has become a standard for blockchain collectibles. It's the sort of token used for CryptoKitties, Gods Unchained trading cards, and more.
While NFTs are still a tiny percentage of the collectibles market overall, they are quickly on the rise. They may not have the appeal among traditional collectors that say autographed sports cards and vintage baseball cards do. But, to many young forward-thinking investors, due to their immutability and provable authenticity, they are the future of collecting. The market cap of NFTs as collectibles is expected to grow into the billions within the next decade or so.
Many people are aware of the volatility of cryptocurrency and how one crypto coin can go from zero to a lot of money and back to zero in a hurry. But, with NFTs on established blockchain networks like Ethereum, EOS, TRON, and Steem, you can invest in crypto without taking on the risks of the native crypto coins. Now, with Mintable, you can essentially create your own crypto collectibles at will for a very small fee with zero programming knowledge. Of course, being on the massively popular Ethereum blockchain, you can freely trade them as you wish. This includes selling them on popular blockchain collectibles marketplaces such as OpenSea.
The Jetcoin partnership is just one high-profile example of what Mintable is setting out to do with their token creation platform. Now, any content creator can create their own tokens, either as a way to raise funds, create unique collectibles, or both. Of course, digital artists can use this platform to easily deploy their crypto art. Game developers can now more easily mint and deploy in-game items, too.
Mintable is going to be a revolutionary force in crypto collectibles, making it easier than ever to create NFTs for the world to enjoy. Certainly, we will see many more partnerships with Mintable to help bring the platform more exposure. With a growing, bullish market for blockchain collectibles, there’s going to be plenty of demand for what this platform offers. Imagine memorabilia for sports and entertainment being bought and sold from your phone, which is what teams, bands, and media companies are now able to do for a fairly low cost. At the end of the day, Mintable is a platform that will change the landscape of digital marketing forever.
How would you use the Mintable.app platform?
by R.A. Rowell
Thanks to a follow from their Twitter account, I discovered KnownOrigin.io, a marketplace for original digital artwork from top digital artists and illustrators. Using the Ethereum blockchain, buyers can collect their favorite pieces knowing that the work is one of a kind and a true digital asset. Digital artwork has been gaining more of a market on the blockchain, and KnownOrigin has plenty of artists with excellent works on offer.
The great news about KnownOrigin is that you can purchase items from the marketplace with either ETH (Ether cryptocurrency) or with a credit or debit card. So, if you're short on crypto, no worries! You can make offers on pieces you like for as little as 0.01 ETH or just few US dollars. Of course, you'll need an Ethereum wallet to store your digital artwork as non-fungible tokens, but many great and easy options exist for that. (I use Enjin Wallet on mobile and MetaMask on PC.)
Another cool feature of the KnownOrigin site is you can see the latest activity on the site, which is updated every 5 minutes. This shows you when a listing is created, a bid is placed or refunded, or if a price change occurs. That's a really nice feature of decentralized blockchain collectible marketplaces: transparency.
How Popular is KnownOrigin.io?
KnownOrigin began in early 2018 with just a concept and it took off quickly. The KnownOrigin project began with a simple concept: "Can we use the power of Ethereum blockchain and the integrity of digital assets in the art world to improve the proof of ownership, provenance, authenticity, and reducing forgery of artwork?" It was a success, deploying to the Ethereum mainnet in April 2018.
As of late October 2019, KnownOrigin has about 10 to 20 daily active users (DAUs), peaking at about 5 ETH in daily trading volume. The user base is slowly growing. There's been a lot more steady trading activity lately in the second half of 2019. Pieces appear to be trading hands daily. As the investment interest in digital artwork grows, I'm sure that volume is bound to increase!
If you like collecting digital artwork, definitely go check out KnownOrigin. It seems like a great way to get started in crypto collectibles, since you can use your favorite fiat currency (such as the US Dollar or Euro) by credit/debit card to purchase. If you’re a digital artist, it could be a great way to be compensated for your work. This is definitely a cool project and one the Digital Collectibles Journal will be happy to follow.
Have you ever bought and sold digital artwork on the blockchain?
DappRadar Adds Tracking for EOS and ERC-20 Non-Fungible Tokens - With Other Ethereum and TRON Blockchain Token Tracking to Come!
by R.A. Rowell
If you're into blockchain gaming and Decentralized apps (DApps), you definitely want to follow DappRadar. This website tracks the daily and total volume of the native crypto currencies used by DApps on several blockchains, as well as those DApps user bases. Currently, DappRadar tracks the blockchains for ETH, EOS, TRON, IOST, LOOM, ONT, Thundercore, and VeChain.
In mid October 2019, DappRadar added full non-fungible token tracking to its EOS DApp tracking. This is important since many apps use tokens based in their native cryptocurrencies, especially blockchain games. The results yielded a wealth of information about EOS based DApps.
Of course, the information isn't just limited to games. One of the biggest discoveries from the addition was actually related to NeoDex, a decentralized digital assets trading platform. Previously, DappRadar had tracked $1.8 million in EOS transaction volume per day. That's impressive, but with the new non-fungible token tracking, it was discovered that the platform generated an additional $1.6 million in token-based transactions daily. That's a huge jump.
Why should blockchain gamers care about the trading volume of non-gaming DApps? The health of other apps on your favorite blockchain is important. Also, knowing which tokens are trading with significant volume is important for digital collectors more interested in the crypto itself than the actual games.
Of course, the DApp token tracking did reveal information about EOS-based games such as Prospectors and EOS Knights. Since Prospectors uses PGL and not straight EOS, its transaction volume wasn't shown. But, as of this writing, we now see PGL gets about $3000 worth of transaction volume a day. That doesn't sound like much, but it's pretty good.
What's most exciting is that this full token tracking will soon be rolled out for Ethereum and TRON based DApps as well. They added ERC-20 non-fungible token tracking in November 2019. DappRadar will then be able to provide even more insights on the true health of various DApps. This transparency is one of the true hallmarks of blockchain technology. If you want to see how well, or not well, a particular DApp is doing, you can always find out. Kudos to the DappRadar team for bringing all this information to the mainstream!
Head on over to DappRadar and find your favorite DApps and see how they are doing! You may be surprised by what you find!
Richard A. Rowell is a collectibles enthusiast coming from a long history of collecting trading cards in both sports and in Trading Card Games. He is passionate about educating the world about the future promise and benefits of digital collectibles, especially those using blockchain technology.