Animoca confirms $110M round led by Temasek, plans new acquisitions
Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto. Go to Source Powered by WPeMatico
Games
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Gaming makes up over half of blockchain industry usage, DappRadar
The gaming sector accounts for nearly 51% of the activity in the blockchain industry with hundreds of millions in transactions, according to August data. Go to Source Powered by WPeMatico
Analyst says 40% of users in most Web3 games are bots — Here’s how to avoid being fooled
In DApps, daily active users is an easy metric to manipulate. Let’s review a few ways to cross-reference the authenticity of the metric. Go to Source Powered by WPeMatico
Why DeFi, GameFi and SocialFi are horizontals in the Metaverse
Read this article to know why DeFi, GameFi and SocialFi are not just verticals but also horizontals in a metaverse. Go to Source Powered by WPeMatico
GameFi investors are now prioritizing fun factor over money: Survey
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. Go to Source Powered by WPeMatico
Web3 games incorporate features to drive female participation
Web3 games are focusing on community building, aesthetics, customization and representation to attract female users — but is this enough? Go to Source Powered by WPeMatico
MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
Phat Loop Studios, the company behind the “Pokemon-like” game Untamed Isles has blamed the crypto market crash as a reason its investors bailed. Go to Source Powered by WPeMatico
Function over fun? Analyst says P2E games don’t need to be ‘fun’ to retain users
Play-to-earn games struggle to retain users, which is exactly why one analyst says they need to focus on function over fun. Go to Source Powered by WPeMatico
Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode
After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms that can be minted on … Read more
GameFi and crypto ‘natural fit’ for game publishers: KBW 2022
Korean experts believe that crypto would play a major role in the gaming ecosystem, and within the next 3 years, the majority of games might have an in-game crypto economy. Go to Source Powered by WPeMatico