Many casual gamers are still reluctant to play games that use blockchain tech, but gaming execs believe one good game could change that. The casual gaming market will remain a…
Continue ReadingThe GameFi industry has been hit hard during the 2022 crypto winter which wiped billions off the crypto market. Axie Infinity is one of the projects that were pummeled to…
Continue ReadingThe tournament, “0xMonaco: Battle of Titans,” is scheduled to kick off on Jan. 29 and will bring together developers from around the blockchain space. MatchBoxDAO — a collective of developers,…
Continue ReadingIMX (ImmutableX) has been on a roll lately, being one of the few altcoins to have significant gains in the past month or so. According to tracking by CoinGecko, IMX…
Continue ReadingAnimoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The…
Continue ReadingThe company behind the Final Fantasy franchise says blockchain games will be a major focus of its strategy going forward. Final Fantasy creator Square Enix is set to double down…
Continue ReadingKieran Warwick, co-founder of blockchain role-playing game Illuvium, believes Yuga Labs’ latest hire will be a boon for GameFi. The appointment of one of Activision Blizzard’s highest-ranking executives to a…
Continue ReadingFrom creating e-sports competitions with huge prize pools to making game tokens more relevant to holders, members of the community share their thoughts on GameFi. As the GameFi space continues…
Continue ReadingThe 16 prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, and many more. The Web3 gaming awards event,…
Continue ReadingAxie Infinity commenced its plans to achieve a progressive decentralization continuum AXS has grown by 20% in the last 24 hours On 5 November, play-to-earn GameFi project Axie Infinity [AXS]…
Continue ReadingOasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose…
Continue ReadingThe company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus. The GameFi champion and metaverse developer Animoca…
Continue ReadingAxie Infinity, like most cryptocurrency games, has provided players with an awful experience. Blockchain gaming is only four years old — a toddler compared to the rest of the industry.…
Continue ReadingChris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games. Web3 game publisher Fenix Games raised $150…
Continue ReadingAvalanche (AVAX) peaked at $20.31 on November 6 as it gave its best to recover from the bearish trend that engulfed the broader crypto market towards the tail-end of October…
Continue ReadingAvalanche gameFi projects are still growing at a fast pace despite market disruptions AVAX sees a return of bullish momentum albeit in low volumes Avalanche has managed to keep itself…
Continue ReadingFollowing the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury. The inaugural edition of the GAM3…
Continue ReadingFinding a sustainable GameFi model is still challenging, as user experience ranks at the top of industry concerns. GameFi’s constantly evolving model could make “today’s AAA game companies look like…
Continue ReadingIt appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior. According to a new post by blockchain security firm SlowMist…
Continue ReadingOn the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery. After a year-long struggle to fend…
Continue ReadingOasys, a Web3, EVM-compatible, gamefi-focused blockchain project, launched the first phase of its mainnet on October 25th. The company, which has gathered support from AAA gaming companies such as Sega,…
Continue ReadingThe Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations. Canadian Web3 infrastructure company ChainSafe has closed an…
Continue ReadingDappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000.…
Continue ReadingThe numbers represent a 74% decrease from peak levels witnessed just ten months ago. According to game statistics site Activeplayer, the average monthly number of users playing monster-battle nonfungible tokens…
Continue ReadingSiu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses. The $200 billion gaming industry is rapidly becoming a key point of…
Continue ReadingOn Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s…
Continue ReadingThe executives say traditional jobs are increasingly at risk through factors such as automation, but GameFi can provide a viable alternative to earn a wage. Australian-based Web3 game studio Ninja…
Continue ReadingThe latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded…
Continue ReadingAccording to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF)…
Continue ReadingKarate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022. Karate Combat, a prominent full-contact martial…
Continue ReadingTo attract more users and make blockchain gaming more mainstream, Kevin Shao says future titles should find a “balance” between and accommodate different users’ tastes. Kevin Shao, Executive President of…
Continue ReadingNFTs improve interactivity by allowing users to unlock fully modular, community-driven in-game experiences to which they own the pieces, explains Mark Soares, the founder of Blokhaus Inc. Nonfungible tokens (NFTs)…
Continue ReadingCrypto gaming isn’t working. Developers need to focus more on fundamentals and less on cosmetics in order to fix it. What we have today in terms of Web3 gaming is…
Continue ReadingAccording to Footprint Analytics, GameFi projects characterized by a ‘play-to-earn’ (P2E) business model have seen a decline in user interest since the beginning of the year. Between April 2021 and…
Continue ReadingSTEPN [GMT] is beginning to show signs of volatility again as the GameFi application continues to lose its strength of user growth. The GameFi-based Web3 application has become a target…
Continue ReadingBlockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by…
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