{"id":51962,"date":"2021-10-29T10:14:37","date_gmt":"2021-10-29T07:14:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51962"},"modified":"2025-09-03T02:33:07","modified_gmt":"2025-09-02T23:33:07","slug":"metaverse-and-gamefi-tokens-rally-amid-facebook-rebrand","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/metaverse-and-gamefi-tokens-rally-amid-facebook-rebrand\/","title":{"rendered":"Metaverse and GameFi tokens rally amid Facebook rebrand"},"content":{"rendered":"<p>Against Facebook&#8217;s announcement of a sweeping rebrand and a pivot toward building its own metaverse, token prices of projects in the <span data-descr=\"game finance, gaming finances\" class=\"old_tooltip\">GameFi<\/span> and virtual-world sectors have surged.<\/p>\n<p>Tokens of the two largest metaverse projects by market capitalization \u2014 Decentraland (MANA) and The Sandbox (SAND) \u2014 rose by 45.8% and 28.6% respectively over 24 hours.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"281\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/meta-1024x281.jpg\" alt=\"\u0422\u043e\u043a\u0435\u043d\u044b \u043c\u0435\u0442\u0430\u0432\u0441\u0435\u043b\u0435\u043d\u043d\u044b\u0445 \u0438 GameFi-\u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432 \u0432\u044b\u0440\u043e\u0441\u043b\u0438 \u043d\u0430 \u0444\u043e\u043d\u0435 \u0440\u0435\u0431\u0440\u0435\u043d\u0434\u0438\u043d\u0433\u0430 Facebook\" class=\"wp-image-154352\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/meta-1024x281.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/meta-300x82.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/meta-768x211.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/meta-1536x421.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/meta.jpg 1594w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coingecko.com\/en\/categories\/metaverse\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The leading GameFi projects also showed strong daily returns. The price of the Axie Infinity (AXS) token rose by 14.2%, Enjin (ENJ) by 15%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"282\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/gamefi-1-1024x282.jpg\" alt=\"\u0422\u043e\u043a\u0435\u043d\u044b \u043c\u0435\u0442\u0430\u0432\u0441\u0435\u043b\u0435\u043d\u043d\u044b\u0445 \u0438 GameFi-\u043f\u0440\u043e\u0435\u043a\u0442\u043e\u0432 \u0432\u044b\u0440\u043e\u0441\u043b\u0438 \u043d\u0430 \u0444\u043e\u043d\u0435 \u0440\u0435\u0431\u0440\u0435\u043d\u0434\u0438\u043d\u0433\u0430 Facebook\" class=\"wp-image-154353\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/gamefi-1-1024x282.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/gamefi-1-300x83.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/gamefi-1-768x212.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/gamefi-1-1536x424.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/gamefi-1.jpg 1595w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coingecko.com\/en\/categories\/gaming\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>According to Meta chief executive Mark Zuckerberg (formerly Facebook), the corporation is transforming its business over the next five years. He also said access to its metaverse will be available not only to owners of Meta hardware but also to users of devices from third-party manufacturers.<\/p>\n<p>There is speculation that the hype around GameFi tokens and metaverse projects is tied to hopes for the emergence of bridges between these spaces.<\/p>\n<p>Additionally, Meta vice president Vishal Shah said the metaverse will support <span data-descr=\"non-fungible tokens\" class=\"old_tooltip\">NFT<\/span>. Zuckerberg also stated that the company is interested in developing the digital assets industry.<\/p>\n<p>As noted, the creator of Axie Infinity <a href=\"https:\/\/u1f987.com\/en\/news\/axie-infinity-founder-says-gamefi-is-the-key-to-crypto-adoption\">called GameFi the key to the adoption of cryptocurrencies<\/a>.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against Facebook&#8217;s announcement of a sweeping rebrand and a pivot toward building its own metaverse, token prices for GameFi and virtual-world projects rose significantly.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1155,1353,1361],"class_list":["post-51962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-games-and-gamefi","tag-metaverses","tag-virtual-world-innovations"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=51962"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51962\/revisions"}],"predecessor-version":[{"id":51963,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51962\/revisions\/51963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}