Play-to-earn: How gamers are profiting off crypto games

Play-to-earn is emerging as a trending business model in the gaming industry, creating new token-based incentives that help monetise time spent by gamers Creative industries are leading social and economic growth globally, becoming one of the fastest-growing economic sectors worldwide with a market size estimated to be worth $218.7 billion by 2024. With that, the gaming industry has quickly emerged as a key catalyst for this movement. In Saudi Arabia alone, according to the latest figures, the gaming and e-sports sector is worth $1.09bn, with mobile gaming leading the way with…

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Inside ghost town shopping centre that lies abandoned 25 years after opening

An abandoned shopping centre lies empty and derelict 25 years after its flagship opening. Five Sisters Freeport Shopping Village in West Lothian, Scotland, opened in 1996, with over 40 stores, claiming to be Scotland’s new premier outlet for designer clothes. But after a huge decline by 2004, Freeport Leisure decided it was time to close the centre down and they shut up shop. The site has been derelict ever since, with the BBC using it for filming on a zombie children’s show in 2015, Edinburgh Live reports. The 50,000sq ft shopping centre attracted over a…

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The greatest land grab since the internet is underway

New York-based property developer Republic Realm forked out $4.3 million for a plot of land. This undeveloped lot sold for almost 4X more than the average NYC apartment. But the land wasn’t in sought-after cities like San Francisco, Manhattan, or Boston. The record purchase wasn’t in the Cayman Islands either. In fact, it wasn’t even in the “physical world.” Republic Realm paid $4.3 million for a plot of land inside The Sandbox, a video game. Virtual land is booming… In the past week, folks spent $18 million on virtual land…

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