Crypto gaming sucks — but devs can fix it
Crypto gaming isn’t working. Developers need to focus more on more on fundamentals and less on cosmetics in order to fix it. Go to Source Powered by WPeMatico
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Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
Blockchain 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 issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From Strategic Investors Animoca Brands has raised another $110 million this … Read more
New free-to-own GameFi model is “high-risk” according to CZ
The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations. Go to Source Powered by WPeMatico
GameFi developers may be facing big fines and hard time if they don’t speak up
Enjoy Axie Infinity, DeFi Kingdoms, and other cryptocurrency games while they last, because lawmakers are poised to crack down by mid-2023. Go to Source Powered by WPeMatico
Fortnite developer supports Animoca subsidiary’s blockchain racing game
The indie games subsidiary has just received support from Epic Games for its upcoming blockchain-powered P2E racing game Torque Drift 2. Go to Source Powered by WPeMatico
NFT games have edge over ‘money in, no money out’ games: Polygon’s Urvit Goel
NFT gaming business models could represent an attractive innovation for gaming publishers as they begin to make more of their titles available to play on blockchain. Go to Source Powered by WPeMatico
Axie Infinity is painting a giant bearish pattern — will AXS price crash another 95%?
Axie’s monthly revenue has dropped over 98% from its August 2021 peak of $364.4 million. Go to Source Powered by WPeMatico
VC firm Konvoy launches new $150M fund, eyes blockchain-based games
Gaming venture capital firm Konvoy launches new $150 million fund, with a portion set to be invested in cryptocurrency and blockchain-based games. Go to Source Powered by WPeMatico
How will NFTs bridge traditional gaming with blockchain? Enjin’s CTO Witek Radomski explains
“There’s also a hugely untapped mountain of gold in gameplay possibilities with NFTs,” says Radomski. Go to Source Powered by WPeMatico
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and … Read more
