Wombat
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Spielworks, a leading blockchain startup specializing in gaming and decentralized finance (DeFi) solutions, partners with four popular NFT games to enable its community to enjoy a native login through the Wombat wallet. The integrated games include Gunstar Metaverse and Tiny World on the Binance Smart Chain, Planet IX (Polygon), and Realm NFT (Wax).

There are a variety of different business models in crypto gaming. P2E games offer users different means of earning or buying gaming tokens, says Adrian Krion, founder and CEO of blockchain-based gaming platform Spielworks. “People can make money on these tokens by buying them early and [hoping] for a lot of players to come into the game after they bought the tokens,” Krion says.

Spielworks (https://www.spielworks.com/), a leading blockchain startup specializing in gaming and decentralized finance (DeFi) solutions, announces the upcoming public launch of its $WOMBAT token. The token will see a wide array of use cases within its larger blockchain gaming ecosystem, including a premium subscription, product and service purchases, and staking. The play-to-earn blockchain gaming industry has exploded in popularity in recent years as the pandemic took a toll on people’s earnings. Pushed into the spotlight by Axie Infinity, the play-to-earn giant, blockchain games are now making their first inroads into the mainstream gaming platforms such as Epic Game Store. Moving forward, some commentators already see them as the next paradigm for the entire gaming industry.

NFTs have passed the initial hype test of February, with monthly sales on OpenSea reaching an all-time high of $3.4 billion in August. As the market got so mind-bogglingly popular that even Martha Stewart hopped on the bandwagon, the world is sizing it for some sort of regulation or oversight, just as with other types of digital assets. But should NFTs be grouped in with Bitcoin? USDT? BCAP? On the heels of the tumultuous U.S. infrastructure bill, it’s become increasingly clear that regulators are not ready to effectively answer this question, and in the EU, legislation that may apply to some NFTs is now only in the making. Thus, it's best that the community of digital asset pioneers takes the initiative on building the foundations of the regulatory framework.