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
Gaming
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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
Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’
Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, initiated by Animoca and Darewise. Go to Source
‘Lost’ Yuga Labs restructures again, with layoffs, new executive
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project. Go to Source
Blur Emerges As Dominant Player In NFT Market Despite Trading Volume Dip
Blur has solidified its position as a frontrunner in the competitive NFT marketplace, boasting the highest transaction activity in the past month. Despite experiencing a 21% decline in trade volume and a 5% decrease in value today, Blur continues to lead the pack in the dynamic NFT space. Recent on-chain reports on X have shed … Read more
Improbable sells gaming venture for $97M, shares 2024 metaverse predictions
The Web3 metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for next year. Go to Source
Aurory’s USDC pool drained on Arbitrum’s DEX Camelot
According to initial reports and on-chain data, the attack targeted Aurory’s SyncSpace bridge, draining nearly 80% of the AURY-USDC pool’s liquidity. Go to Source
Yield Guild Games ($YGG) Surges 20% After An Exciting Partnership Announcement
Yield Guild Games ($YGG), a decentralized gaming company that actively supports gamers and invests in blockchain-based games, has recently entered into a promising partnership with Ubisoft, a renowned global game developer. The collaboration involves Yield Guild Games backing Ubisoft’s upcoming game, Champions Tactics, a Web3 Competitive PvP Turn-based RPG scheduled for release next year. The … Read more
Immutable’s zkEVM to eliminate Web3 gaming gas fees
Immutable’s blockchain protocol will allow the game studio to cut out gas fees for users, which is widely cited as a significant barrier to Web3 gaming adoption. Go to Source
How the crypto bull run can impact Web3 gaming beyond play-to-earn
Web3 gaming has remained unfazed by the bear season. But how does the expected bull run impact interest in blockchain-based games? Go to Source
