Shrapnel Web3 shooter won’t let US users cash out, thanks to Gensler
As soon as a gamer cashes out an in-game asset, they realize monetary value, which is where the problem with the SEC comes in, a Shrapnel executive told Cointelegraph. Go to Source
Gaming
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Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment. Go to Source
Saudi Arabia looks to blockchain gaming and Web3 to diversify economy
The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3. Go to Source
Illuvium’s collapsing token represents the problems with GameFi
GameFi developers have been focused on raking in money — and they’ve forgotten that they need to make games fun in order to win over players. Go to Source
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet. Go to Source Powered by WPeMatico
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Go to Source Powered by WPeMatico
HyperPlay raises $12M in Series A funding round
Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay. Go to Source Powered by WPeMatico
Metaverse investments: Opportunities and risks of the trillion-dollar VR market
What are the best metaverse projects that investors should keep on their radar? Cointelegraph Research Metaverse Ranking Awards the top projects Go to Source Powered by WPeMatico
Grinding out a living: Can blockchain games really offer a sustainable income?
Blockchain gaming executives believe the law has not yet caught up with the concept of earning a living through gaming. Go to Source Powered by WPeMatico
Web3 gaming gets competitive edge as Maniac Panda Games joins Cointelegraph Accelerator
European game studio Maniac Panda Games aims to onboard mainstream players to Web3 with its flagship MMO title. Go to Source Powered by WPeMatico
