Best P2E Games

Animoca Brands raises $360 million

Animoca Brands raises $360 million

Game Review 

Blockchain and NFT Gaming Company Animoca Brands Recent Funding for The Open Metaverse.

Blockchain gaming enjoys the high tide as Hong Kong-based crypto game studio Animoca Brands raises $360 million in a recent funding round.

The funding round now values Animoca Brands at $5.4 billion. The recent investment has doubled the previous valuation figure of $2.2 billion. The total capital raised by the company now amounts to $700 million.

Game studio Animoca Brands raises $360 million - Video Games
Game studio Animoca Brands raises $360 million – Video Games

Animoca Brands now plans to utilize the capital in creating new products, acquisitions, and licensing of additional intellectual property.

The exponential growth and interest continue in blockchain gaming and NFTs. The recent funding round was led by Liberty City Ventures along with investors like Winklevoss Capital and Soros Fund Management.

The growth in the blockchain gaming market witnessed a massive increase last year when compared to 2020. The market volume increased from $100 million in 2020 to $25 billion in 2021, according to DappRadar data.

The tide was so massive that blockchain and NFT gaming companies received a whopping $3.6 billion in investments, according to a report by Axios Gaming.

Animoca Brands co-founder and executive chairman Yat Siu released the statement, “We believe we are still at the initial stages of a new internet revolution, and there are tremendous opportunities ahead of us in 2022 and beyond.”

Animoca Brands is a leading company in blockchain and NFTs gaming with a focus on “true digital ownership.” It plans to make and turn every game into a real-world asset where the players have full ownership of digital items.

Game studio Animoca Brands raises $360 million
Game studio Animoca Brands raises $360 million

Its popular projects are The Sandbox and Revv Racing. The company has a solid expansion ratio with investments in several metaverses, blockchain, and NFT gaming companies.

Some of the companies are OpenSea, Sky Mavis, Dapper Labs, and the Fan Controlled Football League.

However, Animoca Brands is not the only company enjoying massive investments, its competitor Mythical Games raised $75 million, Sorare raised $680 million.

Sky Mavis and Dapper Labs also received huge investments of $152 million and $250 million respectively.

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Animoca Brands raises $360 million

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Black Eye Galaxy – Game Review

“Black Eye Galaxy [BYG]” is a sci-fi virtual galaxy metaverse game that follows a play-to-earn model and features Non-Fungible Tokens (NFTs). This game offers an immersive and exciting gaming experience for players. “Black Eye Galaxy [BYG]” is a great choice for astronomy fans, with its space exploration, planet buying, and civilization building gameplay. This game aims to provide players with a thrilling space-exploring experience. Among the many NFT assets available in “BYG” are planets, spacecraft, and buildings, all of which are fully owned and controlled by the players. These NFTs are tradable and transferrable, adding an extra layer of value and ownership to the game. Black Eye Galaxy Overview: A virtual sci-fi play-to-earn metaverse game called Black Eye Galaxy offers its player base a space exploration and management experience. The Binance Smart Chain, which powers Black Eye Galaxy, will soon be joined by additional blockchains in various parts of the galaxy. In order to create a genuinely multichain galaxy, Black Eye Galaxy may integrate new blockchains and even other projects into its seven accessible Star Clusters thanks to their Star Cluster System. On the market, users can buy NFT assets, and while they play the game by managing and interacting with assets, they earn BYG tokens. The In-Games NFT’s: All of the resources, including planets and spacecraft, are tradable, and transferrable, and the player actually owns them. The tokens that can be exchanged on decentralized exchanges are not typically NFT assets. The player can buy and sell any asset on their internal market, which is how they conduct business. Two sections of this market allow users to mint new assets (create them at the time of purchase), while a third portion contains assets that are valued and managed as “resale” assets by the community. Black Eye Galaxy has no control over these prices.

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Joyride – Game Review

Joyride is a Web3 publishing platform that is backed by top blockchain partners. This makes it possible for game developers to change the way games are made. Joyride Games, which was one of the first companies to publish Web3 games, has put its casual gaming platform on Flow, a leading blockchain that was made to support decentralized applications. Solitaire Blitz, their first popular game, had more than 500,000 active users in the first four weeks after it came out. DappRadar says that Solitaire Blitz is now the most popular game on the Flow blockchain and one of the most popular blockchain games in terms of volume and number of users. Joyride is a solution for independent Unity developers who have been making mobile games for a decade and have served millions of players. They can make, launch, and grow blockchain games with assets and economies that belong to the players. Omar Siddiqui, CEO and Founder of Joyride, was excited about how well Flow could help bring new users on board and help the ecosystem grow. Solitaire Blitz is an updated version of Klondike Solitaire with fun game modes that let players relax or compete for $RLY tokens in tournaments and leagues. After a successful beta period, the game was released on the Flow mainnet. It quickly gained more than 500,000 active users and became the top Dapp on Flow and one of the top 10 blockchain games overall.

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Speed Star – Game Review

“Speed Star” is a game that allows players-to-earn cryptocurrency while raising, breeding, training, and racing virtual horses. Players can create a unique character and compete in races to earn rewards. The game offers a fun and exciting way for players to earn cryptocurrency. “Speed Star” is a game that requires players to use two controllers to race their virtual horses. However, the key to victory is not just in the controls, but also in the player’s timing, rhythm, tempo, and composure. The game features four different sprint distances and challenges players to beat progressively harder computer opponents, their own personal records, and the ghosts of online competitors. Players can earn in-game tokens like $JOC, $SPEED, and $STAR as they compete. STAR Token ($STAR): Among the Governance Tokens, $STAR, is the most limited one with just 30 million tokens and is distributed across the Starverse games. So, this means that you can accumulate STAR through different games and use them where you please. Speed Star Gameplay: Provides four race distances to choose from 100m, 200m, 400m, and 60m. – Performance criteria for each event, ranging from “noob” to “superstar,” will always push you to improve. The quick sprints will put your raw speed to the test, while the lengthier events will try your patience and energy management. To defeat your friends and rise to the top rank, master every skill set and attribute required for each race. You also get to unlock additional characters that can be customized and each of them plays slightly differently. You can completely customize the body types, outfit options, and colors. The strengths and weaknesses of each character can vary, so learn as many as you can to advance in each event!

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Kawaii Islands: Paradise Adventure – Play-to-Earn Fantasy Simulation – Game Review

Kawaii Island, a play-to-earn, provides you with a fantasy universe, in which you can build, craft, farm, socialize, and more. Kawaii Islands is a game that takes inspiration from the beauty and diverse landscapes of the Garden Island or Garden Isle, which is also known as Kauai, one of the Hawaiian Islands. Players can explore different parts of the island within the game, including the Na Pali Coast, Waimea Canyon, and Kalalau Trail, all of which are popular tourist destinations in real life. The game offers a virtual experience of the hiking trails and natural wonders that Kauai has to offer, allowing players to immerse themselves in the scenic beauty of the island. Players can also visit small towns and state parks, as well as explore the different sides of the island, including the west side, north shore, south shore, and south side. Wailua Falls and Wailua River are also part of the virtual world in Kawaii Islands. The game’s play-to-earn model allows players to earn NFTs while enjoying the island’s sights and attractions, making the virtual exploration of Kauai an enjoyable and rewarding experience. You can earn NFTs with real-life value and can easily exchange them for fiat currency. Each player will need one Binance Smart Chain account to link their MetaMask Wallet to the gameplay with NFTs. In the future, Kawaii Islands will expand and support other Wallets. To access the mobile versions, you’ll need to create an email account with a password to store your progress. For transactions they have the aiRight Exclusive Marketplace, Kawaii Islands allows users to sell all important game products as NFTs. All members of the Kawaii Islands have the ability to start their own business and trade or farm NFTs. As you use your wallet address to log in to Kawaii Islands, all purchased things from the Marketplace will automatically appear in your in-game Silo and Storage, and vice versa. Our gamers will benefit from smooth transactions and easy stock control. Winners of airdrops can also claim their prizes on the aiRight Marketplace, which will be sent directly to their wallets.

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Best P2E Games list 2024

Animoca Brands raises $360 million

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.