Non-Fungible Tokens or NFTs have become a common name across crypto communities and projects in the first quarter of 2021. Their market cap has been steadily rising and currently stands at $20B. It is slated to grow massively in the coming future as the blockchain gaming and the art user base expands. For this reason, NFTs will gain further adoption and usage with time.
Binance, the world’s largest centralized exchange, launched an NFT marketplace in June 2021, signalling high demand and great potential of the NFT marketplaces. The NFTs potential is truly unleashed, when it comes to gaming. It's an area, where the current projects lack behind in. The current statistics show that less than 20% projects are related to gaming with most projects having mere concepts and no working products. We realize that the NFTs combined with gaming will be the catalyst required for mainstream adoption and will contribute to the development of the general nascent NFT market, in the coming years.
If you haven’t heard of 9Tails, listen up.
9Tails is a decentralized dog racing game platform on the blockchain network. Players will have opportunity to buy, breed and race different types of NFT dogs, bet on real-time races, as well as host events on their own tracks.
Utilizing Machine Learning, Artificial Intelligence & blockchain technology to usher in the internet’s next architectural shift, 9Tails fulfills a huge niche by being the first blockchain online dog racing platform with modern graphics and wide gameplay possibilities.
9Tails is a combination of 3 significantly growing multi-billion-dollar markets: video gaming, gambling, and the future leader of the betting market, dog racing, all merged by blockchain and NFT technologies.