Iranian officials decry blockchain game ‘Hamster Kombat’ as soft power tool
The deputy chief of the Iranian military claimed the game was a way of distracting Iranians from the country’s upcoming presidential elections. Go to Source
Games
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Crypto clicker games need real token use cases to be sustainable
As Notcoin and Hamster Kombat continue to amass millions of users, experts question the long-term viability of crypto clicker games. Go to Source
Majority of gamers still unaware of blockchain gaming — survey
A OnePoll survey found that more than three-quarters of adult gamers have never heard of blockchain gaming or have never played a blockchain video game, indicating a huge untapped opportunity. Go to Source
Blockchain gaming investments reached nearly $1B in April
The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month. Go to Source
Animoca Brands leads $7M funding round for Param Labs
The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs’ CEO. Go to Source
GameStop tops Bitcoin’s yearly gains in one day — Will GME spark an altcoin rally?
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself? Go to Source
OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X
The game is currently available in early access on the Epic Games Store. Go to Source
VC Roundup: Gaming investments surge 94% in Q124 as market rebounds
This edition of Cointelegraph’s VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs. Go to Source
Web3 gaming needs to shift from play-to-earn to ‘play-and-earn’ — Bitget
The industry could see a shift towards player-centric Web3 games this cycle, as Web2 founders enter the GameFi space, according to Bitget’s managing director Go to Source
Gambling Takes Center Stage in This Year’s March Madness
In a year where legal wagering on sports shattered previous records, the NCAA men’s and women’s basketball tournaments are the pinnacle of sports betting, with an estimated $2.7 billion expected to be wagered through legal channels. Crypto gambling offers fans the ability to pick their winners with crypto. March Madness Betting Increases, With $2.7 Billion … Read more
