An overview of the NFT space from the release of Illuvium: Zero In Alpha for both mobile and web to Bitcoin’s NFTs becoming popular via Ordinals.
⚡We've just released an update to Illuvium: Zero on both Mac, PC, and Android platforms.
Please follow the instructions here to download the new build for Illuvium: Zero Alpha 👉 https://t.co/0ubyxMvktS
— Illuvium (@illuviumio) February 3, 2023
Illuvium is an online multiplayer RPG game built on Ethereum with NFT capacities. Players explore an open-world fantasy region in the game to dwell, capture and fight. And it’s available to PC users.
The Illuvium: Zero is the mobile and desktop companion where players can develop, manage and build on plots of NFT lands. It was released after the initial land sale, focusing on the graphic, immersive representation of NFTs. it’s the third pillar in the illuvium ecosystem that allows interoperable gaming. Though it’s a companion game for both Overworld and Arena, it’s also designed to be a stand-alone game with enjoyable gameplay.
The new update resolves some issues. The time spoofing exploits fix is no longer capable of hindering saves sent to the server, and the save feature is now more frequent, which ensures that less data is lost during usage. There are some known issues, though. Players can be kicked off their plots if their connection is poor and the game freezes after long hours of extensive playing.
While on the BTC network, NFTs via ordinals are gaining popularity despite the transaction gas fees remaining flat.
Waiting for the ordinals party to kick off. pic.twitter.com/J7BlZ12TW1
— emergent_reasons#100🌵 (@EmergentReasons) February 7, 2023
Similar to Ethereum’s NFTs, Bitcoin users are now starting to store assets on the blockchain, but this increased activity doesn’t come without a price
According to public blockchain statistics compiled by Dune, more than a thousand Bitcoin NFTs have been produced using Ordinals.
YCharts data shows that the average Bitcoin transaction fee reached $1.53 on Thursday, the highest level in over a month. Since December 27, 2022, that’s the highest it’s been. Ordinals’ release reignited a contentious discussion in the Bitcoin community about the optimal size of blocks, the validity of transactions, and whether or not media like JPEGs should be recorded in the blockchain. As a result of the Taproot upgrade, Ordinals now supports adding arbitrary content to the Bitcoin blockchain, including rip-offs of Bored Apes and even video games.
While NFTs are most commonly associated with Ethereum and Solana blockchains, Bitcoin has had projects like Counterparty and Stacks pioneering the practice of committing digital assets to a blockchain network since 2014.
Nonetheless, Ordinals seem to influence how individuals utilize the Bitcoin network, which might add gasoline to the ongoing argument about their worth and use.