Category: Play To Earn

The Synergistic Partnership of Telos and Elixir Games for Seamless Access and Thrilling Experiences

The partnership between Telos and Elixir Games aims to address the challenges within the rapidly growing Web3 gaming industry, which combines blockchain technology with gaming experiences. Issues such as high gas prices, slow transaction times, and infrastructure limitations have hindered the widespread adoption of Web3 gaming. The collaboration between Telos and Elixir Games holds significant promise in overcoming these obstacles.

Telos, a non-profit organization separate from the Telos blockchain, operates the Telos Network with a focus on scalability, security, and environmental sustainability. The Telos Network, launched in 2021, strives to make blockchain technology accessible to a broader audience by providing reliable and eco-friendly technological options, promoting decentralization, and encouraging blockchain adoption.

Telos’s notable achievement, tEVM (the world’s fastest Ethereum Virtual Machine), can handle over 15,200 transactions per second and generate blocks in less than 0.5 seconds, demonstrating its commitment to speed and stability. This aligns with Elixir Games’ ambition to lead the Web3 gaming industry with innovative ideas.

Elixir Games, founded in 2019 in the United States, has rapidly emerged as a leader in game distribution, in-game payments, and authentication. The company’s diverse international team collaborates to deliver exceptional gaming experiences. Elixir Games stands out for its unique approach, encompassing both Web2 and Web3, making it easy to integrate and access traditional and blockchain-based games.

The partnership between Telos and Elixir Games is a strategic move to advance Web3 gaming. Elixir Games’ goal of simplifying access to Web3 projects complements Telos’s reputation for fast transactions, low latency, and reliability. By incorporating Telos into the Elixir Games Launcher, the collaboration paves the way for a new era of Web3 gaming.

Telos’s transition to a Layer Zero network design emphasizes scalability, security, and decentralization, crucial principles for the rapid adoption of Web 3.0 technologies. Telos boasts over a million active users, 250 decentralized applications (dApps), and 100 active partners within its ecosystem. Its focus on eco-friendly technology aligns with the gaming industry’s growing concern for sustainability.

Elixir Games brings a robust ecosystem and a team experienced in the blockchain space to the partnership, with strategic support from industry giant Square Enix. The Elixir Games distribution tool offers easy access to a wide range of games, from PC games to Web3 games.

In Web3 gaming, users can buy or earn digital assets within games, aiming to provide a familiar Web2 experience for users who can use debit or credit cards to purchase digital content. This approach, backed by a robust backend, ensures a seamless experience for both users and developers.

The article hints at the forthcoming Elixir Rewards Program, offering users opportunities to earn Telos $TLOS and other rewards. Elixir Games provides accessible tools, such as an SDK and streamlined documentation, to help developers quickly integrate their games with the platform, allowing them to focus on game development. This partnership between Telos and Elixir Games promises to reshape the Web3 gaming landscape and enhance accessibility and sustainability in the industry. Game-changing Telos and Elixir Games partnership, unlocking fast, eco-friendly Web3 gaming with insights into their key roles and strategies.

The Potential of SKALE Network’s SKL Coin: Features, Analysis, and Future Projections in the Cryptocurrency Landscape

In the world of cryptocurrency, SKALE Network’s SKL coin emerges as a promising newcomer compatible with the Ethereum ecosystem. In this comprehensive analysis, we delve into the potential and integrity of this blockchain innovation. Examining the technology’s unique features, such as elastic sidechains, enhanced storage capabilities, and interchain communication, we explore how SKALE Network, under the leadership of CEO Jack O’Holleran, is poised to redefine decentralized application development. Additionally, we assess market trends and perform a technical analysis of SKL coin’s price trajectory, shedding light on its potential for growth amidst the dynamic cryptocurrency market. SKALE Network’s SKL coin is a newcomer in the cryptocurrency industry with compatibility with the Ethereum ecosystem, positioning it for potential growth in the future.

SKALE Network Overview
The SKALE Network is an elastic blockchain designed to work seamlessly with the Ethereum ecosystem. It boasts low latency, high throughput, and Byzantine fault tolerance, making it a promising solution for developers. Initially, it was primarily used for flexible side chains based on the Ethereum blockchain. SKALE Network currently supports Ethereum but plans to expand its support to other Security Layer blockchains, serving as an execution and interoperability layer between various distributed technologies.

Storage Innovations
SKALE Network has adapted the Ethereum Virtual Machine (EVM) to enable the storage of significantly larger files. This includes larger block sizes and smart contracts with access to individual nodes’ file systems, allowing files to be segmented into 1 MB “chunks” and stored across participating nodes’ file systems.

Interchain Communication
The network facilitates the execution of smart contracts and the transfer of crypto assets between Elastic Sidechains through group signatures. Agents on virtualized subnodes manage these interchain communications, connecting smart contracts on the Ethereum mainnet and Elastic Sidechains.

Key Features
SKALE Network offers rapid deployment of high-performance, secure, and distributed applications. It employs Byzantine Fault Tolerance (BFT) for enhanced security and asynchronous implementations for robustness. The absence of a leader in its consensus mechanism ensures equal opportunities for nodes to propose and commit new blocks.

SKALE Network Utility
The network’s governance system and incentive programs are powered by its native cryptocurrency, SKL. SKL tokens are used for staking, enabling delegates or token holders to support validators. Developers use SKL tokens for Elastic Sidechain memberships, and rewards are distributed to validators and delegators from subscription fees and token inflation. SKL tokens also allow users to participate in governance decisions and access network resources by deploying and renting Elastic Sidechains.

Technical Analysis
SKALE Network’s SKL coin exhibited steady growth in the first quarter of 2021, with volatility peaking in March and April. Since April, the price has followed a more stable trajectory, trading below its 50-day exponential moving average. The Accumulation/Distribution indicator declined from March 2021, suggesting decreasing market attention.

Bollinger Bands analysis highlights significant volatility in March 2021, with the SKL coin breaking resistance levels. Subsequently, a less volatile period persisted until July 2021. In early 2022, the SKALE network’s value started rising while the SKL coin’s value fell.

Long-term price projections for SKL coin indicate a potential range of $0.030 to $0.080 in 2023. There is optimism for the SKL cryptocurrency, with a projected general price level of around $0.35 in 2030, although it may reach a maximum value of $0.42.

In summary, SKALE Network’s SKL coin offers compatibility with Ethereum, advanced features for developers, and promising utility within its ecosystem, while its price has displayed both volatility and potential for future growth.

Fableborne’s Epic DAO Battle, Parallel’s Card Replication, Hunters On-Chain Enhancements, VulcanVerse’s Trading System, and the Mighty Action Heroes Tournament

We delve into the latest gaming news from renowned titles and emerging genres. From the high-stakes showdown in Fableborne’s Epic DAO Battle, to Parallel’s innovative Card Replication feature sparking a player-driven economy, and Hunters On-Chain’s engagement-boosting enhancements, the trends and updates in play-to-earn gaming are taking the industry by storm. Additionally, VulcanVerse’s impending trading system and the highly anticipated Mighty Action Heroes Tournament promise to reshape the gaming landscape, ensuring that players worldwide stay captivated by this dynamic and ever-evolving realm.

The world of play-to-earn gaming is in a constant state of evolution, as developers continue to release updates and features aimed at improving the user experience and game dynamics. Several noteworthy updates from yesterday stand out:

Fableborne’s Epic DAO Battle: Pixion Games is set to host an exciting tournament in their flagship game, Fableborne, from September 26th to 28th at 10 AM UTC. This tournament will pit three formidable Decentralized Autonomous Organizations (DAOs) against each other – WolvesDAO, Elizards, and ReadyPlayerDAO. The event promises high-stakes battles, surprise pre-sale drops, and immersive streams. Fableborne, known for its strategic action RPG elements, recently received a substantial $5.5 million investment.

Parallel’s Card Replication Feature: In the world of science fiction Trading Card Games, Parallel has introduced a new feature called “Card Replication” during its beta phase. This feature allows players to duplicate their favorite cards, creating Echo versions, and is expected to stimulate a player-driven economy. Echo cards, being replicas of originals, will make rare cards more accessible and help maintain the value of original collections.

Hunters On-Chain Enhances Engagement: Hunters On-Chain, developed by Boomland, has rolled out significant updates aimed at improving player retention and engagement. New players can now enjoy daily quests and missions, earning additional BGEM utility tokens and in-game assets. These quests also serve as an educational tool, teaching players about the game’s reward structure. Advanced players now have the option to create and join clans, enhancing cooperative gameplay.

VulcanVerse’s Trading System: VulcanVerse is gearing up to launch a trading system, allowing players to exchange in-game resources through a merchant NPC in Vulcan City. This user-friendly marketplace will facilitate resource trading with prices dictated by in-game supply and demand. This marks the first phase of a broader plan that includes a traveling merchant, offering unique opportunities to players, while some resources remain non-tradeable for security reasons.

Mighty Action Heroes Tournament: A highly anticipated tournament, organized by Ultra Arena and Mighty Bear Games, is on the horizon. Registrations will conclude on September 27th at 2:30 pm UTC, with the competition commencing on September 29th. The tournament features a Battle Royale/Solos format, divided into three lobbies, each accommodating 20 players. The event’s strict schedule and scoring system promise intense competition, with a generous reward pool adding to the excitement.

In summary, these updates demonstrate the continuous evolution and enhancement of the play-to-earn gaming industry, making it more engaging and user-friendly for gaming enthusiasts worldwide. Each update brings fresh and exciting elements to the gaming table, ensuring that the gaming world remains vibrant and thrilling.

Immutable X: Their Best Blockchain Games and Impact on the Video Gaming Industry

Immutable X, a pioneering force in web3 gaming, has empowered developers with its gas-free Layer-2 network, sparking a wave of innovation. In this article, we explore the best Immutable X games across genres, from the pixelated realms of “Tollan Worlds” to the strategic fusion of historical eras in “Cross the Ages,” and the groundbreaking PvP shooter “Search for Animera.” These games not only exemplify cutting-edge gameplay but also harness blockchain technology to redefine the concept of true asset ownership, reflecting a burgeoning trend in the gaming industry. The article highlights the emergence of Immutable X as a significant player in the world of web3 gaming and blockchain technology. Immutable X is praised for offering game developers a Layer-2 network that eliminates gas fees and provides accessibility, making it an attractive platform for creating innovative games. The article compiles a list of notable Immutable X games across various genres, showcasing their unique features and contributions to the gaming industry.

Tollan Worlds: This 2D pixel art game combines nostalgia with modern gaming elements, offering players a journey through the perilous Darklands. The game includes solo and multiplayer experiences, featuring a captivating storyline, dungeon raids, and epic boss fights.

Cross the Ages: This strategic and action-packed card game merges different historical eras, challenging players to assemble decks spanning from ancient history to the distant future. The game’s diverse card characters, abilities, and strategies add depth to battles.

Search for Animera: This groundbreaking web3 PvP shooter game is set in a futuristic sci-fi world, blending epic space battles and intense ground combat. Players must strategize and execute their moves carefully while conquering new areas, advancing in ranks, and engaging in challenging battles.

Metalcore: An advanced futuristic shooter game set in a post-apocalyptic world, where players must act quickly and think strategically. The integration of blockchain technology enhances gameplay and grants players true ownership of in-game assets.

Illuvium: This fantasy game lets players capture and battle creatures known as Illuvials. Immutable X technology ensures true ownership of these creatures as NFTs, allowing players to trade or sell them, giving in-game achievements real-world value.

Blocklords: Set in a medieval world, this strategy game requires players to expand their territory, build armies, and engage in epic battles. Blockchain technology enables players to truly own their in-game assets, fostering player empowerment.

Shardbound: This hybrid game combines tactical strategy and collectible card game elements. With six unique factions and blockchain integration, Shardbound offers an engaging and strategic card gaming experience.

Guild of Guardians: An RPG adventure through a world of heroes, dungeons, and epic battles, where players collect, trade, and battle with a diverse roster of characters. Blockchain integration facilitates true ownership of in-game assets and the potential for a player-driven economy.

Gods Unchained: A popular trading card game on the Ethereum blockchain, allowing players to collect, trade, and battle using genuinely owned cards. The game features competitive play and stunning artwork, emphasizing true asset ownership and a dynamic gaming economy.

Infinite Victory: Combining strategy and arcade sports, Infinite Victory lets players engage in battles, expand territories, and craft armies to conquer their enemies. The game offers intricate gameplay mechanics and stunning visuals for an engaging and rewarding gaming experience.

In conclusion, Immutable X has emerged as a prominent platform for web3 gaming, fostering innovation and true asset ownership within the gaming industry. These diverse Immutable X games offer players immersive adventures across various genres, challenging their skills, strategy, and creativity while revolutionizing traditional gaming norms with blockchain technology and NFTs.

Web3 Gaming: Genres, Regulations, and Beyond – In-Depth Insights

Venture into the thriving $200 billion video game industry, where Web3 gaming is poised to revolutionize the landscape. In this article, we explore the latest trends and challenges within the gaming sphere, touching on the dynamic genres and pivotal developments. From regulatory hurdles to financial intricacies and the integration of DeFi features, we uncover the promises and complexities of Web3 gaming, offering a comprehensive glimpse into this rapidly evolving sector. The article explores the rapidly growing Web3 gaming sector within the $200 billion video game industry, highlighting the potential for revolutionary opportunities and NFT-based rewards. It delves into several critical aspects of Web3 gaming, addressing both its promises and challenges. Web3 gaming has gained significant traction, attracting developers and investors due to its potential for high returns. Millions of people engage in video gaming across various platforms, participating in in-game economies with valuable assets, such as NFTs and virtual currencies. However, beneath the surface, Web3 gaming faces substantial challenges, with a particular focus on legal and regulatory concerns.

One of the major issues in the Web3 gaming industry is the ambiguity surrounding regulations. Developers and studios must navigate complex legal boundaries, including intellectual property rights, consumer protection, and gambling regulations. Additionally, Web3 games introduce novel challenges related to digital assets, virtual currencies, and financial laws, all of which operate within the broader uncertainty surrounding cryptocurrency regulations. Compliance with these regulations is crucial to avoid fines or criminal charges.

The article emphasizes the importance of understanding the movement of money within Web3 games, especially as bad actors exploit unofficial channels for microtransactions, as seen in popular games like CSGO and World of Warcraft. Compliance with regulations governing money transmission is vital to ensure the integrity of in-game economies.

Developers are urged to consider how new features in blockchain games may affect regulatory compliance, particularly if they involve assets like tokens or NFTs that could be classified as regulated money transmission activities. The role of the Commodity Futures Trading Commission (CFTC) in overseeing virtual currencies is also highlighted, along with proposed legislation that could expand its authority in digital currency markets.

The article also addresses Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, which can conflict with the privacy and decentralization principles inherent in blockchain technology. Balancing regulatory requirements with user privacy remains a challenge for decentralized gaming platforms.

Taxation in the context of blockchain games is another complex issue. In-game transactions can trigger capital gains tax in various jurisdictions, posing challenges for both developers and players. The need for clearer and more specific tax rules for blockchain gaming is emphasized.

Finally, the integration of Decentralized Finance (DeFi) features into Web3 games is discussed. DeFi elements, such as staking governance tokens, using cryptocurrencies to obtain powerful in-game items (NFTs), and leveraging tokens as collateral for loans, enhance the gaming experience and create new economic opportunities for players.

In summary, the article underscores the tremendous potential of Web3 gaming while highlighting the critical regulatory, financial, and technological challenges that must be navigated to unlock its full benefits and rewards.

Phantom Galaxies: Web3 Sci-Fi RPG Transforming Gaming Trends with True Ownership and Thrilling Multiplayer Battles

Phantom Galaxies, a highly anticipated Web3 game, is set to launch on November 22nd of this year. Developed by Blowfish Studios in collaboration with Animoca Brands, this sci-fi action RPG promises fast-paced mecha combat, captivating characters, and an engaging storyline. Notably, it incorporates blockchain technology to introduce players to the potential of blockchain games and offers a diverse gaming experience.

The game’s development journey began in February 2019, involving over 150 dedicated developers. The first episode of Phantom Galaxies Alpha was released in December 2021 after 2.5 years of development. Subsequently, three more episodes were introduced, each enhancing the game. In May 2023, the game transitioned into beta, setting the stage for its eagerly awaited early access launch in November 2023.

Phantom Galaxies will be available for free-to-play with Web3 integration on the game’s website and the Epic Games Store. The Steam platform will also offer a version without Web3 integration, widening its accessibility. Language support includes English, Russian, Spanish, German, French, Japanese, and Simplified Chinese.

Gameplay:
The game’s evolution from a polished single-player mech shooter during the Alpha phase to a live-service looter-shooter multiplayer game during the Beta phase highlights its adaptability. The development team actively listens to player feedback and adjusts the game accordingly. Future early access releases are expected to build upon the features introduced during the beta phase, including a shift to a free-to-play model.

Web3 Integration:
One of Phantom Galaxies’ most notable features is its integration of Web3 technology, introducing non-fungible tokens (NFTs) that allow players to own digital assets within the game, such as player quarters, starfighter hangars, and even entire planets. This ownership extends to unique transactions related to in-game assets, facilitating a player-driven economy through asset trading and extensive crafting systems. This marks a significant step towards a decentralized gaming ecosystem where players have influence beyond the confines of the game.

Diverse Gaming Experience:
Phantom Galaxies offers various gameplay styles, where players assume the role of a Ranger Squadron, piloting versatile mechanized Starfighters that can transform to combat different enemies. The game’s universe features pirates, scavengers, and rogue groups, ensuring a wide range of challenges and encounters. With four types of mecha optimized for close, medium, or long-range combat, customization options enable players to adapt their loadouts to their preferred playstyle, be it offensive, defensive, or balanced.

Looking to the Future:
As Phantom Galaxies enters early access, the development team, led by Blowfish Games managing director Ben Lee, remains committed to refining and enhancing the game. The aspiration is to elevate it into a triple-A action RPG experience. This vision hinges on community engagement, player feedback, and a continuous stream of new features and content. As gamers worldwide anticipate their turn to explore the vast galaxies and partake in thrilling battles, the journey promises to be as exhilarating as the stars themselves.

The Promise of Web3: Decentralizing the Digital Landscape, Empowering Users, and Revolutionizing Finance and Creativity

In an era dominated by tech giants like Google, Amazon and many others, the digital landscape is undergoing a revolutionary transformation with the emergence of Web3 technology. Sir Tim Berners-Lee, the inventor of the internet, has expressed concerns about how the internet has deviated from his original vision, highlighting issues of user privacy and the spread of false information. This article delves into the promise of Web3, a set of technologies that includes blockchain, artificial intelligence, the Internet of Things, and extended reality. Web3 aims to rectify the shortcomings of Web1 and Web2 by decentralizing control, empowering users, and reshaping the financial ecosystem. It also explores the impact of Web3 on creators and the challenges it faces, shedding light on the trends shaping the future of the digital age. The article explores the transformative potential of Web3 technology, which represents a new paradigm for the digital age. It contrasts the evolution of the internet, from Web1 to Web2, with the emergence of Web3 as a solution to the shortcomings of the existing digital landscape dominated by tech giants like Google and Facebook.

Background: The internet’s initial stages (Web1) were characterized by static websites serving as informational hubs. Later, Web2 brought about collaborative applications and online communities, improving connectivity but at the cost of centralized control and data exploitation by major corporations.

Web3 Technology: Web3 relies on cutting-edge technologies, including blockchain networks (such as Ethereum), artificial intelligence (AI), the Internet of Things (IoT), and extended reality (XR). These technologies aim to decentralize control, empower users, and foster a sense of ownership, enabling active participation rather than passive consumption.

Financial Revolution: Web3 introduces the concept of software tokens, allowing users to digitize assets and establish financial stakes in their digital presence. This eliminates the need for intermediaries like banks and tech giants, promoting peer-to-peer transactions.

Stablecoins: Stablecoins, backed by assets like the US dollar, have gained significant popularity, with a market value surpassing $100 billion. Major players like PayPal, Citigroup, Visa, and J.P. Morgan are entering the Web3 financial ecosystem, further legitimizing its potential.

AI Integration and Smart Contracts: AI integration within Web3 enables creators to receive immediate royalties when their work is used to train AI models. Smart contracts, a key element of Web3, are self-executing and eliminate the need for traditional legal enforcement.

NFTs and Creators’ Earnings: In the Web3 ecosystem, creators have earned $24 billion by selling their work as non-fungible tokens (NFTs). This contrasts with traditional platforms like Spotify, a Web2 platform, which paid artists $7 billion in royalties in 2021.

Tokenization and Democratization: Tokens in Web3 grant users direct ownership and economic stakes in digital projects and platforms, symbolizing a shift toward democratization and decentralization of power.

Challenges and Risks: Despite its promise, Web3 faces challenges and potential risks. The proliferation of tokens has raised concerns about gambling and speculation. Additionally, Web3’s success depends on the shift from centralized cloud networks like Amazon Web Services to a more decentralized infrastructure for internet connectivity, storage, and spatial data.

In conclusion, Web3 represents a transformative shift in the digital landscape, offering a more decentralized and democratized internet experience. While it presents promising opportunities, it also faces challenges that must be addressed for its full potential to be realized.

The Latest in Play-to-Earn Gaming: NFTs, Philanthropy, Security, and Blockchain Evolution

In the dynamic world of play-to-earn gaming, recent developments have brought together virtual innovation, philanthropy, and cutting-edge technology. In this article, we delve into the top gaming news snippets, featuring renowned names like Upland, WAGMI Games, OpenSea, BlockGames, and Sunflower Land. These stories traverse a range of genres, from blockchain gaming to NFT collections, reflecting the current trends of integrating NFTs for charitable causes, evoking nostalgia through unique in-game assets, and emphasizing the critical importance of digital security in the ever-evolving landscape of gaming. In the fast-paced world of play-to-earn gaming, several noteworthy events have taken place, affecting both players and game developers. Here are the top five gaming news highlights from recent developments:

1. Upland’s Collaboration with KABOOM!: Upland, a virtual world platform, has partnered with the non-profit organization KABOOM! to introduce an exclusive NFT collection. The primary purpose of this collaboration is to raise funds for the construction of playgrounds in underprivileged American communities. Upland plans to release 1,800 Playground NFTs, which will serve as decorative in-game items. A portion of the proceeds from the sales will go to KABOOM!, while Upland retains a 10% transaction fee. This initiative reflects Upland’s commitment to both growth and social impact.

2. WAGMI Games and Opensea’s Founder’s Packs: WAGMI Games is bringing nostalgia to the digital realm with the launch of WAGMI Games Founder’s Packs. These packs, created in collaboration with OpenSea, are set to debut on September 27th. They consist of 32 unique and rare cards, offering exclusivity and tradeability within the WAGMI Games universe. The experience of opening these packs mirrors the excitement of exploring trading card packs like Pokémon or Yu-Gi-Oh, adding an element of speculation and rarity to contemporary gaming. Holders of these NFTs have the option to reveal their cards or keep them sealed, speculating on their increasing value over time.

3. OpenSea’s API Leak: OpenSea, a prominent NFT marketplace, faced potential security breaches when unknown third parties leaked API keys on September 23, 2023. To address these concerns, OpenSea issued advisories to users, urging them to obtain new API keys to prevent potential misuse. While OpenSea downplayed the incident as a routine “API keys rotation,” it underscores the critical need for robust security measures in the digital asset sector, especially given a similar incident involving the Nansen analytics platform.

4. BlockGames NFT Mint Incident: On September 23rd, a glitch occurred in OpenSea’s ecosystem during the BlockGames minting process, resulting in certain wallets exceeding the intended minting limit. In response, trading on the affected collection was halted, and refunds are being processed for affected users. BlockGames has announced a new minting date for September 26th at 4 pm UTC and remains optimistic about overcoming the glitch, highlighting the importance of reliable safeguards and responsive solutions in the intricate world of blockchain technology.

5. Sunflower Land’s Companion NFTs: Sunflower Land is elevating the gaming experience by introducing its premiere NFT collection called “Buds.” These are friendly in-game companions that provide players with boosts and exclusive advantages. Starting from September 26th, these companions will be available on the OpenSea marketplace, enhancing engagement and offering unique bonuses to players. Sunflower Land allows players to expand and personalize their virtual farms, engaging in various activities that create a dynamic and enriching environment within the play-to-earn gaming domain.

In summary, the gaming industry is currently undergoing diverse developments, with these events highlighting the exciting direction of gaming’s future. Notable trends include the integration of NFTs for charitable causes, nostalgia-driven gaming experiences, the critical importance of digital security, and the ongoing evolution of blockchain gaming with unique in-game assets.

PlaytoEarnGames.com Newsletter 15

Welcome to the exciting world of web3 gaming, where innovation and collaboration are driving the industry forward at a rapid pace. In this summary, we’ll delve into the latest trends, partnerships, and game releases that have been making headlines in the web3 gaming sphere. From La Liga-inspired fantasy soccer games to the expansion of popular titles onto mobile platforms and groundbreaking partnerships between key players, the web3 gaming landscape is buzzing with activity. Join us as we explore the most recent developments in this dynamic and ever-evolving sector, featuring prominent names like GameOn, Mythical Games, Elixir Games, and Upland, among others. The web3 gaming industry has been bustling with new projects, partnerships, and updates, and this week has seen several noteworthy developments:

La Liga Web3 Fantasy Soccer Game: GameOn, in collaboration with La Liga North America, is set to release a web3 NFT fantasy soccer game inspired by Spain’s La Liga. This game allows players in the US and Canada to own La Liga NFT player packs, which they can use to create fantasy teams based on real player performance. Players can also customize their avatars with various items like hats, jerseys, cleats, and shoes. GameOn plans to launch a La Liga-themed web app with social chat features in early 2024, providing users with opportunities to engage, compete, and win prizes.

Mythical Games’ Blankos Block Party on Mobile: Mythical Games is expanding its presence in mobile gaming by launching a mobile version of Blankos Block Party, a popular web3 PC game. This move comes after the success of their NFL Rivals game on iOS and Android, which garnered 2.5 million downloads in its first month. Mythical Games aims to make blockchain technology accessible and user-friendly, ensuring in-app purchases don’t necessarily require cryptocurrencies, making it compliant with app store regulations.

Elixir Games and Telos Partnership: Elixir Games and Telos announced a groundbreaking partnership at the Tokyo Games Show 2023 to enhance access to web3 projects. Telos will be integrated into the Elixir Games Launcher, making Telos the first partner of the Elixir Awards program, which offers one million $TLOS in on-chain rewards. This partnership seeks to introduce millions of gamers to high-quality web3 games and enhance the gaming experience through NFT integration.

My Pet Hooligan Early Access: “My Pet Hooligan,” a first-person shooter with a Hooligan Rabbit theme, is now available on Epic Games in its early access version. Players can link their Amazon Prime accounts to receive a set of cosmetic items for free. Early access players have the opportunity to earn early access NFTs and engage in a season pass system, allowing them to earn various prizes, including legendary cosmetics. Monthly content updates through Amazon Prime Gaming add to the excitement.

Hunters On-Chain Update: Hunters On-Chain has rolled out a substantial update featuring new missions, daily quests, clans, friends lists, and a mailbox system. Daily quests offer rewards in BGEM and Hunter Shards, while missions provide long-term goals with significant rewards. The interface has been improved to provide more information and simplify leveling up choices. Friends lists, clans, and mailboxes enhance player interaction, potentially expanding the player base. The update aims to introduce daily play and earning opportunities on mobile devices.

Upland Charity Event: Playground NFTs: Upland, a digital real estate platform, is launching a special NFT collection called Playground NFTs as part of a charitable initiative. The collection, featuring 1,800 Playgrounds, can be used by property owners to enhance their virtual properties on the Upland platform. Proceeds from the NFT sales will support KABOOM, a non-profit organization focused on building playgrounds in underserved areas of the United States. Upland will retain a 10% transaction fee for this charitable endeavor.

These developments underscore the dynamic and rapidly evolving landscape of web3 gaming, with a focus on accessibility, innovation, and community engagement.

Proof of Play Secures $33 Million Seed Funding to Pioneer Forever Game and Revolutionize Web3 Gaming

“Proof of Play” has emerged as a leader in the blockchain gaming industry, securing an impressive $33 million in seed funding to revolutionize the web3 gaming experience. This funding round was led by Chris Dixon from Andreessen Horowitz (a16z) and Neil Mehta at Greenoaks, with participation from prominent figures in the tech industry, including Twitch and Web3 firms Anchorage Digital’s founders, Mercury, Firebase, Zynga, and Alchemy.

At the core of Proof of Play’s vision is the concept of a “Forever Game,” where games operate independently on the blockchain without external intervention. One of their flagship creations, Pirate Nation, exemplifies this concept, offering players the opportunity to build ships, recruit crew members, and engage in on-chain pirate RPG battles. The game’s infrastructure ensures a seamless gaming experience without the technical barriers often associated with blockchain-based games.

Amitt Mahajan, CEO and co-founder of Proof of Play and the creator of Farmville, understands the dedication and investment players put into their favorite games. The shutdown of Farmville in 2020 led him to seek a way to make games last forever through decentralization and player autonomy.

To address the challenges players face in Web3 gaming, Proof of Play has introduced technological and product innovations aimed at providing a user-friendly experience. They aim to attract players without requiring deep knowledge of complex blockchain mechanics, thus removing traditional barriers to decentralized gaming.

A significant issue in blockchain gaming is the rising gas fees. To tackle this problem, Proof of Play shifted Pirate Nation from Polygon’s Ethereum sidechain to Arbitrum Nova, significantly improving cost efficiency and creating a more sustainable gaming environment for players.

Emmett Shear, co-founder and former CEO of Twitch, has joined Proof of Play’s board, adding valuable expertise in gaming content, creator relationships, and strategic guidance. His extensive experience, including leading Twitch for 16 years and overseeing its acquisition by Amazon, strengthens Proof of Play’s position in the gaming and blockchain industries.

The combination of substantial seed funding and visionary leadership positions Proof of Play as a prominent player in the blockchain gaming world. Their commitment to innovation and addressing common challenges faced by Web3 gamers promises a bright future for both the company and the gaming industry as a whole. Proof of Play aims to build fully on-chain games that facilitate autonomous worlds, ensure game longevity, and provide a more immersive player experience, ultimately creating multi-generational products owned by the gaming communities themselves.

Tokyo Games Show 2023 Unveils Elixir Games and Telos Partnership with Exclusive Web3 Gaming Titles and Rewards

The Tokyo Games Show 2023 in Japan has unveiled a groundbreaking partnership between Elixir Games and Telos, poised to reshape the landscape of Web3 gaming and offer enticing rewards to players. This strategic collaboration aims to simplify access to Web3 projects and marks the integration of Telos into the Elixir Games Launcher. Furthermore, Telos is set to become the inaugural partner for the Elixir Awards program, with a commitment to offer one million $TLOS in on-chain rewards, ensuring an enduring sense of excitement among gamers.

Key Highlights:

Elixir Games and Telos Partnership: This partnership intends to provide gamers with straightforward access to high-quality Web3 games, making it more accessible for millions of potential players to enter the dynamic world of Web3 gaming via the user-friendly Elixir Games Launcher.

First Round of Games on Telos via Elixir: Several exciting games, including Kiraverse by ParamLabs, LandBox by PWNED Studio, and TarzanTM by XLABEL, are set to premiere on Telos via Elixir. The inclusion of Altura will offer access to in-game NFTs, enhancing the rarity and thrill of these games.

Elixir Games Launcher Exclusives: The Elixir Games Launcher will feature exclusive titles like Chronos, a post-apocalyptic role-playing game by SphereStudios; Mokens League, a cooperative online football game with real-time gameplay by Monsterleaguestudios; Tinies, a mobile action brawler by Elixir Games; No Way Back, a ninja combat royale game by Elixir Games; Tollan World, a web-based pixel art role-playing game by Foretold Studios; Safrootics, an open-world exploration role-playing game by AlabStudio; and Caveworld, a blend of combat, building, and bartering.

Telos’ Ideal Blockchain for Gaming: Telos is well-suited for gaming use cases due to its capability to process over 15,200 transactions per second and generate blocks in under 0.5 seconds, without any unexpected downtime or delays. Its emphasis on speed and stability aligns with Elixir’s mission to innovate within the Web3 gaming industry.

Elixir Game Launcher’s Versatility: Elixir Games offers a versatile and powerful platform that accommodates both Web2 and Web3 game developers. With strategic backing from gaming giant Square Enix, Elixir Games plays a pivotal role in the gaming industry.

Upcoming Event: An official partnership start event is planned during the 2023 Tokyo Game Show, where launch dates for each game and additional information will be shared.

Tokyo Game Show Highlights: The Tokyo Game Show, running from September 20th to September 24th, is hosting various presentations, including major prizes for games like Sonic Frontiers, Monster Hunter: Rise: Sunbreak, and Pokémon Scarlet & Violet. Viewers can catch the event’s highlights on the official Tokyo Game Show social channel.

About Telos: The Telos Foundation is a non-profit organization working independently of the Telos blockchain, focusing on its development and governance. Telos has gained recognition for its speed, security, and commitment to decentralization, with over a million active users, 250 decentralized apps (dApps), and 100 active partners.

About Elixir Games: Elixir Games is an American technology company with a global workforce. Since its inception in 2019, it has been a leader in game distribution, in-game payments, and authentication, offering a comprehensive distribution tool for a wide range of games, including approximately 120 PC games developed in partnership. Elixir Games supports both Web2 and Web3 gaming.

Play-to-Earn Gaming: $33M Funding, Blockchain Board Games, Phantom Galaxies Release, Walmart’s Metaverse Leap, and Formula E’s Electrifying Debut

The article discusses five breakthrough developments in the world of play-to-earn gaming, showcasing the impact of blockchain technology and innovative gaming concepts:

Pirate Nation Studio Secures $33M Funding: Pirate Nation Studio, led by Proof of Play, has secured an impressive $33 million in seed funding from venture giants such as Andreessen Horowitz and Greenoaks Capital. The co-founder, Amitt Mahajan, plans to utilize these funds to expand the company and advance its pioneering on-chain gaming technology. Notably, Twitch’s CEO, Emmett Shear, is also joining the project. The addition of a free-to-play mode in Pirate Nation aims to expand its player base.

NHN’s Crypto Games on Sui Blockchain: South Korean gaming giant NHN is exploring blockchain technology to innovate digital board games. Known for games like Hangame Poker, NHN plans to integrate NFTs and offer crypto token rewards. Collaborating with Mysten Labs, NHN seeks to enhance user engagement and attract a wide audience. This move aligns with the growing interest in blockchain among Asian gaming companies.

Phantom Galaxies Release on Steam & Epic Games: Blowfish Studios is generating excitement with the upcoming release of Phantom Galaxies, scheduled for early access on November 2, 2023. The game, catering to mecha gameplay enthusiasts, will be available on both Epic Games and Steam, featuring a free-to-play model. However, the Steam version will lack web3 features, yet anticipation is building among gamers for its gripping narrative and dynamic combat.

Walmart’s Metaverse Initiatives: Retail giant Walmart is venturing into the metaverse by enabling real-world item purchases within virtual games. In collaboration with FUN-GI, the creators of House Flip, Walmart allows users to make in-game purchases of physical items without exiting the gaming environment. Walmart’s expansion into the fashion sphere within Zepeto showcases its ongoing innovation in the Web3 space, bridging the gap between virtual and physical commerce.

Animoca Brands’ Formula E: High Voltage: Animoca Brands has introduced Formula E: High Voltage, a game that merges high-speed racing with green energy concepts. The game offers a unique gaming experience, and an early access event began on September 18th. Daily battle mode tournaments are planned to challenge players’ skills and strategies within the Formula E universe.

The article underscores the dynamic and innovative nature of the play-to-earn gaming sector, with each of these developments pushing the boundaries of gaming evolution. From substantial funding to eco-conscious racing games, these breakthroughs hint at a future where play-to-earn gaming could become the standard in the industry, thanks to blockchain technology and creative game concepts.

Mythical Games’ Mobile Expansion in the Web3 Era, from NFL Rivals to Blankos Block Party

Mythical Games, a pioneering player in the emerging Web3 era of gaming, has taken a significant step towards mobile gaming with the launch of Blankos Block Party, building on the successful debut of NFL Rivals.

Blankos Block Party, originally a Web3 PC game, has now been adapted for mobile devices, capitalizing on Mythical Games’ prior achievement with NFL Rivals for iOS and Android. NFL Rivals garnered immense popularity, amassing over 2.5 million downloads, particularly benefiting from its August release, coinciding with the start of the NFL season. Notably, NFL Rivals was a groundbreaking Web3 game available in app stores.

John Linden, the CEO of Mythical Games, highlighted that NFL Rivals incorporated elements from both Web2 and Web3, with the advantage of not requiring cryptocurrencies or Mythical’s proprietary tokens for in-app purchases, thereby avoiding related restrictions.

Despite adhering to the rules of Google Play and the Apple App Store, Mythical Games successfully secured a prominent position in both app stores, notwithstanding Google Play’s prohibition on Web3 games associated with gambling. Apple even recognized NFL Rivals as the “game of the day,” a significant milestone for Mythical Games.

Mythical Games conducted extensive discussions with app stores to align its strategy with Web3 technology while preserving a user-friendly, “gamers-first” experience, ensuring that players could enjoy NFL Rivals without the need to comprehend blockchain technology. NFL Rivals is exclusively available on iOS and Android devices.

NFL Rivals allows players to acquire, enhance, and trade digital collectibles, with a dedicated Marketplace provided by Mythical Games for trading and selling these items. These collectibles can be purchased with virtual currency, known as Rivals credits, obtainable through app store transactions. While these in-game credits cannot be converted into real currency, they serve for in-game purchases.

Notably, app stores take a 30% cut of in-game purchases made using Rivals credits, a significant step in compliance with the rules of both the App Store and Google Play Store. Players are also equipped with wallets to manage their tokens, although the Mythical token cannot be exchanged for other cryptocurrencies.

John Linden expressed satisfaction with the positive industry feedback, signifying the company’s growing popularity and transition from proving its concept to engaging with industry peers about new game releases.

Regarding their interactions with Apple and Google Play, Linden mentioned that Apple was less open compared to Google Play, yet Mythical Games maintained regular communication with both platforms. At the time, it remained unclear if Apple had a formal policy on blockchain games, but the company was monitoring aspects of Web3 while not expressing concern about others.

Mythical Games introduced a machine learning-driven feature that enhanced player lineups, resulting in a fourfold increase in secondary sales between players.

Linden emphasized a crucial point in discussions with Apple: “50% of all players who bought something early from another player have come back to buy things in-app,” indicating that Apple’s approach was conducive to the platform.

Blankos Block Party, currently available only for PC and Mac, is undergoing adjustments based on lessons learned, with plans for a mobile release designed to cater to both mobile and PC users. The company aims to address issues related to player spending and game promotion, with hopes of performing well in mobile app stores.

Overall, Mythical Games expressed optimism about the future of Web3 gaming, with Linden stating that Web3 was approaching a turning point and that they were on track to add approximately one million new players to the game each month.

LegendsOfCrypto (LOCGame) – A Unique NFT Card Game with Physical Rewards, Designer Collections, and Mobile Expansion

LegendsofCrypto (LOCGame) is a unique NFT collectible card game that pays homage to prominent figures in the crypto world. This innovative game combines digital and physical elements, offering players a chance to earn exclusive physical table game cards by topping the LOCGame leaderboard. The gameplay of LOCGame stands out by embracing a triad battle system reminiscent of Final Fantasy VIII’s side game, departing from the more common Hearthstone-inspired formats.

Gameplay and Modes:
To play LOCGame, players need a deck of at least 15 NFT collectible cards, available in packs of 15 or 5 for purchase. The game features three modes: Story mode, leaderboard, and multiplayer PvP mode. Story mode explores crypto capitals like New York, Singapore, Hong Kong, London, and Miami. PvP mode includes various options like friendly matches, PvP tournaments, battle royales, and competitive tournaments. In PvP, players can wager LC coins earned in the game, with the winner taking the pot after a 2% commission is deducted. LC coins can also be exchanged for LOCG tokens, listed on Uniswap.

NFT Card Collections and Game Layout:
The game’s layout resembles Tic Tac Toe with a 3×3 grid, and the objective is to deplete the opponent’s cards. Each NFT card possesses unique power attributes for directional attacks. High-end designer NFT card collections from Prada, Burberry, Moschino, DSquared, and Etro are available in Legendary and Super Elite rarity categories. However, a pack of 15 NFT cards only contains one designer card.

Mobile Launch and In-Game Cosmetics:
LOCGame plans to launch a mobile version, prioritizing a seamless and user-friendly interface. Blockchain technology will be integrated in a way that minimizes player effort, making it accessible via app stores. The game will automatically create wallets for players, encouraging blockchain adoption over time. In-game cosmetics will allow players to customize their NFT characters.

Card Progression and Forging:
The game features a robust card progression system, and the new NFT standard allows players to forge and merge characters.

LegendsofCrypto Lore:
The game’s lore pays tribute to Satoshi Nakamoto, the creator of Bitcoin, and the crypto pioneers who have contributed to the blockchain revolution. These individuals are referred to as “Legends” for their role in building a new era of finance and technology. The game aims to honor and celebrate these crypto heroes.

About LegendsOfCrypto (LOCGame):
LegendsOfCrypto, also known as LOCGame, is a play-to-earn NFT card game that celebrates figures in the blockchain industry. It serves as a community for crypto enthusiasts, offering rewards such as unique NFTs, in-game Legendary Coins (LCs), and the native utility token $LOCG. Players can enjoy entertainment and education about the value of the crypto world while contributing to the vision of a decentralized future.

Insights from Korea Blockchain Week 2023: Web3 Gaming, Blockchain Trends, and Key Innovators

Korea Blockchain Week 2023, a prominent annual event in the blockchain and cryptocurrency space, showcased several key insights and developments that have the potential to shape the future of blockchain technology. Notably, the event revealed a growing surge of web3 innovation in Asia, particularly in Japan and South Korea, signaling a shift in global attention towards the East for fresh ideas and projects.

Web3 Gaming Economy Innovations:

Web3 technologies, with a strong emphasis on gaming applications, stood out prominently at the event. South Korea, renowned for its leadership in esports and free-to-play gaming, is poised to become a leader in web3 innovation as well. Despite legal restrictions preventing play within the country, numerous web3 gaming projects are thriving in the region.

Wemade, a major sponsor of the event and a well-known mobile game publisher, introduced their cross-chain solution named unagi (Unbound Networking and Accelerating Growth Initiative). This solution streamlines asset transfer between blockchains and asset tracking. The upcoming una wallet, set to release in Q4, will be an integral component, accessible via browser extensions and mobile apps, initially supporting eight chains, including Ethereum and BNB Smart Chain, two prominent gaming blockchains.

Planetarium Labs, known for the MMO Nine Chronicles, unveiled Verse8, an “open-source decentralized roguelike RPG protocol.” Beyond being a game, Verse8 serves as a protocol equipped with tools for creating, distributing, and monetizing virtual worlds. The aim is to foster collaboration and empower individuals to design RPGs, encouraging multiplayer gaming, gaming communities, and virtual economies.

Netmarble’s Pioneering Web3 Initiatives:

Netmarble, a South Korean mobile game publisher recognized for collaborating with major brands such as Marvel, DC, and Jurassic World, is actively engaged in web3 gaming initiatives. Despite facing challenges, Netmarble is committed to simplifying web3 for players unfamiliar with the technology, particularly in the mobile gaming sphere where they hold a strong global presence. They introduced gMBXL, a unified in-game currency for the Marblex ecosystem, underlining their dedication to enhancing token economics and utility across games.

Story Protocol: Democratizing IP Creation:

Story Protocol, often described as “Git for IP,” made significant strides in revolutionizing intellectual property (IP) creation during Korea Blockchain Week. Utilizing blockchain technology, Story Protocol seeks to democratize IP creation across various domains, extending beyond game IP. The platform encourages contributions, remixing, and revenue generation while emphasizing clear attribution and automatic royalty payments. Backed by $54 million in funding led by a16z, Story Protocol aims to transform the management, verification, and utilization of IP within creative industries.

Challenges and Shift in Mindsets:

Despite the enthusiasm for web3 gaming, South Korea faces challenges due to a nationwide ban on games involving NFTs or cryptocurrencies. Nevertheless, developers are actively seeking solutions to circumvent these limitations while upholding the spirit of web3 gaming.

A noteworthy observation is the differing approaches taken by South Korea and Japan in tokenomics models and NFT ownership. South Korea has historically favored play-to-earn models, while Japan has leaned towards NFT ownership. Korea Blockchain Week 2023 suggests a gradual shift in South Korea’s mindset towards adopting Japan’s NFT-focused approach.

In summary, Korea Blockchain Week 2023 underscored South Korea’s strong commitment to advancing web3 gaming and blockchain technology. The event exuded excitement and determination to overcome challenges, showcasing the transformative potential of web3 in established IPs like MapleStory and the exploration of blockchain’s broader applications beyond the gaming industry.

Challenges, Opportunities, and the Evolution of Blockchain-Infused Web3 Gaming

The article, as reported by Ed Chang of Ava Labs, discusses the growing trend of web3 gaming, a fusion of traditional online gaming and blockchain technology. Explore the world of Web3 gaming with insights from industry experts. Discover challenges, opportunities, and the future of blockchain-infused gaming. While the concept is gaining traction, there are significant challenges to overcome in order to fully realize its potential.

Web3 Gaming Expansion: Web3 gaming is a rapidly expanding industry that combines online gaming with blockchain technology. Despite its potential, both game developers and players have yet to fully embrace this innovation.

Reputation and Trust: Gaming studios have been striving to improve their reputation, especially after the “play-to-earn” era. Gaining the trust of Web 2 gamers is crucial, as investors and businesses are keen on attracting the next generation of users to cryptocurrency and web3 technologies.

Challenges in “Play and Earn” Strategy: Ed Chang points out that integrating blockchain features into games can benefit all genres. However, there are debates in the industry about the balance between the “play” and “earn” components in web3 games. Striking the right balance is essential to create compelling games without compromising quality and enjoyment.

Metrics and Development: Chris Akhavan, the Chief Gaming Officer of Magic Eden, suggests that web3 gaming is still in its early stages. Developers are exploring metrics specific to web3 gaming, such as Wallet and Marketplace usage, in addition to traditional metrics like Installs and Daily Active Users.

Complex Game Development: Creating engaging web3 games can be a complex and time-consuming process, leading to a delay in their release. However, experts anticipate a shift away from the play-to-earn model as web3 ownership and alignment between players and developers increase.

Improving User Experience: The user experience (UX) remains a significant challenge in web3 gaming. Simplifying the process of creating wallets and linking them to gaming platforms is crucial for reducing friction and increasing user satisfaction, potentially leading to broader adoption.

Play-to-Earn Evolution: The “play-to-earn” approach, which gained prominence in the web3 gaming industry between 2021 and 2022, is undergoing a rebranding. Terms like ‘play to own,’ ‘play and earn,’ and ‘win to earn’ are now used to better describe the mechanics of these games and improve clarity and confidence in the industry.

Web3 Gaming Predictions: Asia, particularly South Korea and Japan, is expected to lead in the adoption of web3 gaming over the next five years. These regions with strong gaming cultures and growing interest in blockchain are likely to see the success of web3 gaming models before Western markets.

Infrastructure Improvement: The future of web3 gaming faces uncertainties due to various challenges and cryptocurrency volatility. Addressing issues with the user interface and striking a balance between enjoyment and profitability are essential. The industry is shifting towards making games that seamlessly incorporate blockchain technology without altering the core gaming experience.

Final Thoughts: The article concludes that all gaming genres, especially those with robust economies, can benefit from web3 ownership. Developers must focus on creating exciting experiences for players to stand out in the market. Overall, web3 gaming has a promising future if challenges related to design, user experience, and monetization can be effectively addressed. The industry is expected to grow and attract mainstream gamers as more web3 games are developed and released.

Discover, Play, Earn: Your Inclusive Guide to Play-to-Earn, Crypto Games, and Web3 Innovations

In this extensive exploration of Web3 Gaming, we embark on a journey that spans the fascinating world of Play-to-Earn (P2E) games, Crypto Games, and NFT Games. This article provides a comprehensive overview of these innovative gaming concepts, how they leverage blockchain technology, and what they mean for players and enthusiasts. From the introduction to the FAQ section, we delve into intricate details, ensuring a thorough understanding of this transformative gaming landscape.

Introduction:
The introduction sets the stage by defining Web3 Gaming and its intersection with blockchain technology. It paints a picture of how this fusion has redefined gaming, bridging the gap between entertainment, finance, and technology.

Understanding Play-to-Earn Games:
This section delves deep into the core of Web3 Gaming, specifically Play-to-Earn (P2E) games. We explore how these games allow players to earn cryptocurrencies and NFTs by participating in various in-game activities. Detailed explanations cover the diverse opportunities within P2E games, from completing quests and challenges to trading in-game assets or competing with others. The section emphasizes the integration of blockchain technology, ensuring transparency, security, and true ownership of in-game assets.

Web3 Gaming: Beyond Play-to-Earn:
While P2E games dominate the conversation, we broaden our horizons to encompass the wider realm of Web3 Gaming. Here, readers gain insight into how various blockchain-based games leverage decentralized technology. These games introduce innovative gameplay mechanics, diverse storytelling, and true ownership of in-game assets. Genres and examples are explored, illustrating how Web3 Gaming redefines the gaming experience.

The Difference: P2E vs. Web3 Gaming:
In this segment, we draw a clear line of distinction between P2E games and Web3 Gaming. The focus of P2E games is elucidated, emphasizing the central role of earning cryptocurrencies and NFTs. Conversely, Web3 Gaming extends its reach beyond this paradigm, encompassing a broader range of gameplay mechanics, artistic expression, and storytelling.

Discovering the World of Crypto Games and NFT Games;
Readers are introduced to the extensive platform at PlayToEarnGames.com, which serves as a comprehensive portal for gamers and blockchain enthusiasts. Over 2,300+ game reviews spanning various genres are highlighted, along with a daily stream of news, trends, and developments in the Web3 Gaming space. Exclusive interviews with game developers provide valuable insights into their creative processes and visions for the future of gaming.

Exploring the Catalog: Titles, Blockchains, and More:
This section serves as a detailed guide for readers seeking specific gaming experiences. It provides a comprehensive overview of genres, including RPGs, action games, adventures, card games, and NFT-centric experiences. The article also details the blockchain platforms on which games are built, including Arbitrum, Flow, Solana, Arbitrum Nova, and Binance Smart Chain. Game categories such as Play to earn, Free to Play, Pay to Access, Move to earn, and MMORPG/Social are explained. Additionally, the status of games, whether they are in Alpha, in development, available soon, closed Alpha, or live, is meticulously outlined.

In Conclusion:
The article concludes by inviting readers to embark on an immersive journey through the captivating realms of Web3 Gaming, Play-to-Earn Games, Crypto Games, and NFT Games. Whether they are seasoned gamers or newcomers to the world of blockchain technology, the platform at PlayToEarnGames.com offers a gateway to discovering, understanding, and thriving in this transformative landscape. It emphasizes the boundless rewards and adventures awaiting those who join this exciting expedition.

Top 5 Play-to-Earn Gaming News Events You Can’t Miss

Decentraland is the host of the first Metaverse Architecture Biennale. This is followed by the public beta launch of Legends of the Mara, the unveiling of Aavegotchi’s Game Center, the much-anticipated Beta testing of Gabby World, and the alpha testing of Moonfrost. Architecture, hatching creatures, blockchain gaming, AI-powered worlds, and multiplayer farming are all examples of how the play-to-earn gaming world is always changing and coming up with new ideas. As the industry changes, there is a lot of excitement and a lot of exciting opportunities for both fans and innovators.

Here’s a quick roundup of the five major developments.

1. Decentraland’s Metaverse Architecture Biennale: Decentraland, a prominent name in the Metaverse, is set to host its inaugural Metaverse Architecture Biennale from September 21-24. The event promises futuristic pavilions and panel discussions with Web3 pioneers, including luminaries like Zaha Hadid. The theme, “Presence of the Future,” reflects a commitment to revolutionizing architecture within the blockchain sphere, making this a momentous event in Metaverse aesthetics.

2. Legends of the Mara Season 1 Public Beta: Legends of the Mara (LoTM) is gearing up for the public beta launch of Season 1, scheduled for September 26. Players will have the opportunity to hatch Mara creatures, found on 10% of the original 100,000 Otherdeed land plots, with the potential for exciting in-game rewards. This marks a significant milestone in the Otherside metaverse, promising hours of entertainment for LoTM enthusiasts.

3. Aavegotchi’s Game Center: Aavegotchi, a popular name in the crypto-gaming space, has launched its dedicated Game Center. Serving as a haven for gamers and developers alike, it features engaging games like The Gotchiverse 3D and has plans to integrate with a new gaming-specific blockchain, Gotchichain. This move is set to elevate the entire gaming ecosystem.

4. Gabby World’s Anticipated Beta Launch: Gabby World is generating buzz with its highly anticipated Beta testing, commencing on September 27th. This AI-powered autonomous world offers rich player rewards, including Gabby Centrepiece NFTs and Cyber tokens. The Beta phase is brimming with AI-driven challenges, quests, and community events, making it a thrilling experience for adventurous gamers.

5. Moonfrost’s Alpha Testing: Moonfrost is opening its doors for closed alpha testing, allowing players to explore a Stardew Valley-inspired world with a unique twist—multiplayer interactions. With its no-kill policy for virtual animals and free-to-play model, Moonfrost is an exciting addition to the play-to-earn gaming landscape.

These developments collectively showcase the dynamic and innovative nature of the play-to-earn gaming sphere. From Metaverse architecture and creature hatching to AI-powered worlds and multiplayer farming experiences, the industry is experiencing a significant evolution that promises exciting times ahead. Stay tuned for more updates as this vibrant landscape continues to thrive.

The Transformative Terrain of Web3 Gaming: Challenges, Potential, and the Path Forward

The gaming industry is undergoing rapid transformation, driven by the emergence of web3 gaming, which integrates blockchain technology into traditional gaming. This fusion holds the promise of revolutionizing ownership, monetary systems, and gameplay dynamics. In this article, we explore the evolving landscape of web3 gaming, highlighting its potential and the challenges it faces. Web3 gaming, although still in its infancy compared to the established traditional gaming industry, exhibits significant growth potential. Particularly, the realm of crypto games has witnessed a surge in user engagement and activity, indicating a promising future. Tracking key metrics such as user counts, unique wallets, and on-chain transactions reveals the vibrancy of the web3 gaming community.

However, web3 gaming confronts several challenges that hinder its widespread adoption:

Play vs. Earn Dilemma: Striking the right balance between the enjoyment of gameplay and the opportunity to earn money presents a critical challenge. The industry is grappling with decisions regarding prioritizing fun or profit, which will significantly shape its future direction and player engagement.

User Experience (UX) Barriers: Web3 gaming’s UX faces significant hurdles, including the complexity of onboarding wallets and integrating fiat on- and off-ramps. Simplifying the user journey and reducing transaction friction are vital for expanding the web3 gaming ecosystem.

Evolution of Game Development: Developers are now tasked with more than just adding blockchain technology to their games. The focus is on creating enjoyable, compelling, and community-friendly games that leverage blockchain elements to enhance gameplay without overshadowing the core experience.

The play-to-earn model, once a dominant trend in web3 gaming, is undergoing a transition. Initially celebrated, this model has encountered criticisms and challenges, partly due to misuse and unsustainable schemes. Consequently, the industry is shifting towards models emphasizing ownership and economic alignment between gamers and developers, moving away from the pure play-to-earn approach.

While the web3 gaming market is still nascent, its trajectory holds significant importance for stakeholders. All traditional gaming genres can benefit from incorporating web3 ownership elements, but core genres driven by deep economies are expected to thrive. This aligns with the vision of using blockchain elements to enhance gaming experiences.

The landscape of web3 gaming is not uniform globally, with Asia, particularly countries like Korea and Japan, leading in terms of investment and adoption. This region serves as a testing ground where web3 models demonstrate their viability before potential adoption by Western markets.

In this dynamic space, developers must pivot from pre-selling NFTs and tokens to creating games that players genuinely want to enjoy. The era of hype-driven token sales for unreleased games is ending, emphasizing the importance of delivering compelling gaming experiences.

Web3 gaming is an exciting frontier in the gaming industry. Despite adoption challenges, the industry has demonstrated resilience and innovation in finding solutions. Striking a balance between gameplay and earnings and improving the user experience will be pivotal in realizing web3 gaming’s full potential. As technology advances and more captivating web3 games emerge, the future holds the promise of a more immersive gaming experience that truly belongs to the players.

Hong Kong’s Quest to Lead Asia in Web3 and Cryptocurrency Innovation

Hong Kong’s pursuit of becoming a prominent Web3 gaming hub in Asia and its commitment to blockchain technology and cryptocurrency have faced both enthusiasm and challenges. This extensive summary delves into the city’s journey in embracing Web3 technology and digital assets. For years, Hong Kong has aspired to establish itself as a pioneer in the Web3 space. In early 2022, the city’s financial sector made significant strides, despite enduring hardships such as mass protests, the implementation of the National Security Law, and COVID-19 lockdowns. During this time, there was a palpable surge in interest in cryptocurrencies, blockchain technology, and the Web3 revolution, characterized by virtual reality, non-fungible tokens (NFTs), and decentralized financial tokens like Bitcoin and Ethereum.

However, the initial hype around cryptocurrencies and Web3 began to wane after 18 months, partly due to numerous interest rate hikes and high-profile failures in the industry, notably involving FTX and Three Arrows Capital. Concurrently, both U.S. and Chinese authorities intensified their scrutiny, with Coinbase and Binance facing SEC charges for various securities-related offenses in June 2023. Beijing had already imposed restrictions on cryptocurrencies in 2013 and reinforced its crackdown in 2021. Nevertheless, cryptocurrencies like Bitcoin, Ethereum, and USDT continued to be traded on global exchanges, retaining their substantial value.

Despite these challenges, Hong Kong remained committed to its vision. In October 2022, the government of the Hong Kong Special Administrative Region (HKSAR) released a strategy statement outlining its determination to establish itself as a vibrant hub for virtual assets, even as the initial excitement around cryptocurrencies and Web3 waned. Hong Kong’s Financial Secretary, Paul Chan, emphasized the city’s belief in the potential of the digital economy and Web3. Importantly, the U.S. SEC clarified that it did not consider Bitcoin, Ethereum, or USDT as securities. On August 4, Hashkey and OSL became the first cryptocurrency exchanges in Hong Kong to offer retail trading services. Previously, Bitcoin trading in Hong Kong had predominantly occurred in unregulated markets.

Experts, such as Assistant Professor Brian Wong of Hong Kong University, noted that the city’s leaders aimed to foster financial innovation and assert Hong Kong’s distinct position on the global stage amid geopolitical competition.

Hong Kong’s historical role as a financial bridge between China and the rest of the world, coupled with its stable legal system, has given it a competitive edge in the fintech and Web3 sectors. However, given the city’s economic reliance on China and the U.S., it remains uncertain whether Hong Kong’s Web3 endeavors are a bold move towards becoming “Asia’s freewheeling financial hub” or a continuation of existing policies.

There are concerns about the long-term sustainability of Hong Kong’s Web3 aspirations. Some, like digital currency researcher Hugh Harsono, believe that while Hong Kong’s future as a fintech hub appears promising in the short term, uncertainties surrounding its legal standing with China and potential tightening of regulations in either China or the U.S. could pose risks to the sector.

Notably, despite restrictions on cryptocurrency trading, China ranked tenth in global crypto adoption in 2022, suggesting that Chinese users accessed crypto services via VPNs. This could indicate that Hong Kong may prefer to establish regulations for digital assets rather than an outright ban, potentially benefiting from hosting cryptocurrency exchanges if China and the U.S. abandon the sector.

In addition to cryptocurrencies, Web3 encompasses various digital assets beyond digital currency. Industry insiders, like Jonathan Mui, co-founder of Moongate (an NFT-based ticketing company), are optimistic about Hong Kong’s potential in the Web3 space. They believe that businesses like Moongate, offering virtual goods and services, could become catalysts for the city’s economic growth.

While the success of Hong Kong’s Web3 plans remains uncertain, the government appears determined to take calculated risks rather than risk being left behind in this rapidly evolving technological landscape.

All Games: P2E, PlayToEarn, Web3, Crypto And NFT

In this comprehensive article, we delve deep into the dynamic and transformative landscape of Play-to-Earn (P2E) games, cryptocurrencies, Web3 technology, and Non-Fungible Tokens (NFTs) within the gaming industry. We begin by defining each of these key elements to provide readers with a solid foundation for understanding their significance.

P2E games, a revolutionary genre in gaming, are explored in detail. These games offer players the opportunity to not only enjoy immersive virtual experiences but also to earn tangible rewards, including cryptocurrencies and digital assets. We dissect how P2E games work, the various activities players can engage in to earn rewards, and the impact of cryptocurrencies on in-game economies.

Cryptocurrencies play a pivotal role in the world of P2E games, serving as the primary means of exchange within these virtual ecosystems. We shed light on the integration of cryptocurrencies in gaming, emphasizing their role in enhancing security, transparency, and ownership of in-game assets.

The article then ventures into the realm of Web3 technology, a revolutionary force reshaping the internet. Within the context of gaming, Web3 empowers players by ensuring true ownership of their in-game assets and facilitating decentralized gaming platforms and marketplaces. We elucidate how Web3 is altering the traditional gaming paradigm, ushering in an era of player-centric experiences.

Furthermore, the article explores the captivating world of Non-Fungible Tokens (NFTs) within gaming. NFTs, unique digital assets, are spotlighted for their role in representing rare in-game items, characters, and collectibles. Readers will discover how NFTs enable players to trade, collect, and truly own their virtual assets, thereby adding unprecedented value to the gaming experience.

To provide readers with practical insights, we offer a curated list of titles and concise descriptions of the most exciting P2E games, cryptocurrencies, Web3 projects, and NFTs in the market. This list serves as a valuable resource for those looking to get started or expand their knowledge in this rapidly evolving space.

For those hungry for more in-depth information, our article guides readers to dedicated game pages, where they can find comprehensive details, game mechanics, and tips on getting started. Whether you’re a gamer looking for new adventures, an investor seeking opportunities, or simply intrigued by the intersection of technology and entertainment, these resources will equip you with the knowledge needed to navigate this exciting digital frontier.

In closing, the article emphasizes the transformative nature of P2E games, cryptocurrencies, Web3 technology, and NFTs in the gaming industry. It invites readers to embark on a journey into the future of gaming and digital asset ownership, where innovation knows no bounds, and opportunities are boundless.

Brawlers Rebranding, Solana’s cNFTs, Last Resort’s Alpha, Yat Siu’s AIP-297, and DeGods NFT Sponsorships

Welcome to today’s gaming update! In this article, we’ll dive into the latest stories featuring “Brawlers” rebranding, Solana’s cNFTs by Magic Eden, Last Resort’s Public Alpha, Yat Siu’s AIP-297 NFT Vault proposal, and DeGods NFT’s exciting new sponsors. In the rapidly evolving world of play-to-earn gaming and NFT integration, here’s a comprehensive summary of the top five stories that made headlines in yesterday’s gaming news:

Brawlers Rebrands for Mass Appeal: WAX Studios has made a significant decision to rebrand its game “Blockchain Brawlers” as “Brawlers” to broaden its appeal beyond the blockchain and NFT community. This move includes launching the game on the Epic Games platform, eliminating the need for players to have a WAX wallet, and creating one automatically in the background. Alongside promises of enhanced stability and quality-of-life improvements, Brawlers is gearing up for a more inclusive gaming experience.

Magic Eden Introduces cNFTs on Solana: Magic Eden is shaking up the NFT landscape by introducing Solana’s compressed NFTs (cNFTs), providing a cost-effective entry point into the NFT world. With minting fees as low as $110 for up to 1 million NFTs, this innovation challenges Ethereum’s high minting costs. Additionally, cNFTs offer improved speed and privacy, although potential security concerns should be considered by buyers.

Last Resort’s Public Alpha and Freemint Frenzy: Last Resort is launching its public alpha, featuring numerous activities and rewards for its growing community. The Mint Marathon, taking place from September 26 to 29, will offer special Freemint NFTs, rare character NFTs, and a $1,000 “Zombie Outbreak” contest. Milestone achievements will lead to NFT kit upgrades for all players, adding depth to this highly-anticipated event.

Yat Siu’s AIP-297 Proposes a Community-Driven NFT Vault: Yat Siu, co-creator of Animoca Brands, is leading AIP-297, an ApeCoin Improvement Proposal aimed at establishing a community-run NFT vault within the ApeCoin DAO ecosystem. This “Sister DAO” would manage an initial budget of 750,000 APE tokens (approximately $825,000) to acquire top-tier NFT collections, including assets from The Sandbox, Bored Ape Yacht Club, and World of Women NFT. The proposal has garnered a significant 73.87% approval rate in ongoing community voting, promising to boost cross-community collaboration and expand the ApeCoin DAO ecosystem.

DeGods NFT Gains New Sponsors and Avatar Innovations: DeGods NFT has secured NiftyLeague and InfiniGods as new sponsors to enhance the gaming experience for its players. NiftyLeague has gone a step further by creating an in-game avatar of @frankdegods, which will be playable in their upcoming PvP brawler, Nifty Smashers. InfiniGods is teasing exciting developments for both DeGods and y00ts, generating high anticipation within the community for the upcoming week.

These stories provide a fascinating glimpse into the dynamic play-to-earn gaming industry, highlighting innovative approaches and strategies that are reshaping the gaming landscape. With each game and platform pushing boundaries in its own unique way, it’s evident that the industry is on an upward trajectory, offering increasing opportunities for both players and investors.

Nolan Bushnell Vision: Blockchain, Gaming, and Cryptocurrency – A Game-Changing Perspective

Nolan Bushnell, widely known as the “godfather of video games,” has had a profound impact on the gaming and entertainment industries throughout his career. Currently serving as the Chief Knowledge Officer at Moxy, a blockchain-based esports company, Bushnell offers his visionary insights into the convergence of blockchain technology, gaming, and the broader cryptocurrency landscape in a recent interview.

Traditionally, cryptocurrency and nonfungible tokens (NFTs) faced skepticism from the gaming community. Bushnell attributes this skepticism to the rapid rise of play-to-earn games, which were among the earliest adopters of blockchain technology. These blockchain-based games introduced a unique feature: players could accumulate digital assets and earn money within the game by trading NFTs.

According to Bushnell, the disdain for cryptocurrencies among traditional gamers stems from the mechanics of play-to-earn games. He argues that dedicated gamers value fun over monotonous grinding, a gameplay element present in many play-to-earn games. In his words, “What gamers want is fun, and unfortunately, these play-to-earn games are 100% dependent on the greater fool theory to work.” The greater fool theory suggests that the success of play-to-earn games relies on attracting new participants willing to invest money, which in turn benefits earlier participants, raising concerns about the long-term sustainability of such ecosystems.

Bushnell’s illustrious career spans a wide array of groundbreaking projects and adventures that have left an indelible mark on the world. While he is often referred to as the “father of video games” for his role in founding Atari, his contributions extend beyond gaming. He was instrumental in launching Chuck E. Cheese, a popular American restaurant chain that combines entertainment and dining. Furthermore, Bushnell is credited with hiring Steve Jobs, the visionary co-founder of Apple Inc., during Jobs’ early career.

Given his extensive experience, Bushnell’s insights into the synergy between blockchain and gaming carry significant weight. He believes that blockchain technology is poised to bring about a transformative shift in the gaming industry.

Bushnell identifies three fundamental pillars of blockchain’s impact on gaming. First and foremost, he emphasizes the ability of blockchain to facilitate secure and seamless transactions within the gaming ecosystem. He notes, “We want to make gaming a place where people can compete, and to have good competition, you need to be able to easily and securely transfer funds.” This addresses a critical issue in the gaming world—ensuring the safe transfer of digital assets and in-game currencies.

The second pillar centers on the utility of smart contracts. Bushnell contends that smart contracts can revolutionize not only gaming but also various interpersonal agreements. He explains, “So much of what we do in life is build relationships and then decide how they will work.” Smart contracts, which autonomously execute agreements without the need for trust, have the potential to reshape player interactions and interactions with game developers.

The third pillar concerns the secure storage of digital asset values, such as cryptocurrencies and tokens, on the blockchain. The safety and decentralization inherent in blockchain technology instill trust and transparency that conventional gaming platforms often lack.

Bushnell’s personal journey into the realm of cryptocurrencies underscores the transformative potential of blockchain technology. Initially introduced to cryptocurrencies by Brock Pierce, a key figure in the creation of Tether, Bushnell paid little attention to this emerging digital asset when Bitcoin was valued at around $50. However, like many worldwide, his interest grew significantly as he witnessed the astronomical rise in Bitcoin’s price. This surge prompted him to delve deeper into the world of blockchain and cryptocurrencies, recognizing their broader implications.

Discussing his approach to cryptocurrencies, Bushnell acknowledges the inherent price volatility in the crypto market. He highlights the power of collective perception of value, asserting that “Anytime humans are capable of sharing a perception of value en masse, we’re usually in the clear.” In essence, he recognizes the potential for cryptocurrencies to reshape traditional financial paradigms through a shared understanding of their value.

Earn Alliance’s Mint Marathon Event: Exploring 16 Top Web3 Games, Exclusive NFT Minting, and Multi-tier Badge Rewards

Earn Alliance, a prominent web3 aggregator platform, is hosting the Mint Marathon event, a three-week extravaganza where users can mint free NFTs from 16 top-tier web3 games operating on the Binance, Polygon, and Immutable blockchains. This event aims to showcase the immense potential of web3 gaming and foster cross-promotion among these games, while also offering players the chance to explore a diverse range of web3 titles and compete for exclusive prizes.

The Mint Marathon is being touted as the largest event of its kind, promising a cutting-edge experience for both players and developers. The lineup includes standout titles such as “Born to Die,” “Magic Craft,” “The Last Monarchy,” and “Medieval Empires.” Earn Alliance is eager to provide an exhilarating experience that could potentially reshape the web3 gaming landscape.

The impressive roster of 16 top-tier games participating in the Mint Marathon includes:

Born to Die
MagicCraft
Gravity
Ultimate Champions
Kingdom Story
Oxya Origin
Legends of Elysium
Sunflower Land
Last Resort
Meta Apes
Shutdown
The Fabled
Crop Bytes
The Last Monarchy
My NFT Wars
Medieval Empires
Joseph Cooper, the CEO and founder of Earn Alliance, expresses his enthusiasm for the event, emphasizing the platform’s commitment to empowering fans to discover web3 games. The Mint Marathon has exceeded his expectations due to the sheer number of playable games available across three different blockchain networks.

In a recent development, Earn Alliance has entered into a significant partnership with GAM3S.GG. The two companies announced a Multi-tier Badge Reward Program, which offers various rewards to users who engage with both platforms. Users can earn benefits by creating a GAM3S.GG Tier 1 Badge in Earn Alliance and completing quests on the GAM3S.GG platform. These rewards include enticing prizes like a PlayStation 5, 50 randomized NFTs, and boosters for Tier 2 Badges. Additionally, Tier 2-5 Badges are in the pipeline, promising more quests and awards to enhance the gaming experience on the GAM3S.GG platform.

The Mint Marathon event calendar features three days before each Mint Event where players can unlock achievements required for minting. To mint a blockchain network badge, participants must complete at least three mint activities every week. For instance, during Binance week (September 18th to 23rd), users who engage in at least three Mint Events between September 21st and 23rd can mint the BNB badge. Minting these badges enters members into raffles for exclusive prizes associated with each blockchain network. Three hundred fortunate users, one hundred from each blockchain network, will win exceptional gifts at the Mint Marathon.

Earn Alliance boasts around 220,000 users, making it a valuable hub for the latest games, updates, and NFT releases. In 2023, the platform facilitated the minting of an impressive half a million NFTs, catapulting games like BigTime and Stella Fantasy into the spotlight and driving substantial community growth.

Earn Alliance plays a pivotal role in connecting players and creators of web-based video games, serving as the largest aggregator and discovery site of its kind. With over 100,000 unique visitors each month, the platform is a central repository for all web3 gaming developments, featuring thousands of games, news updates, NFT launches, and engaging content. Games such as BigTime, Kingdom Story, Stella Fantasy, and Gods Unchained benefit from the platform’s reach, which aggregates over 2400 web3 game social and content feeds and accelerates game community growth by up to 362% within minutes. Earn Alliance’s vision includes becoming the first self-serviceable NFT launch platform and marketplace aggregator dedicated to gaming, providing a unified minting experience across online browsers, the Apple App Store, and Google Play.

Play-to-Earn Gaming: Krafton’s NFTs, Sky Mavis’ Game Jam, Meta’s Horizon Expansion, SAGE Labs’ Solana Debut, and More

In a whirlwind of action, major gaming announcements, including Krafton’s NFT venture, Sky Mavis’ Axie Game Jam, Meta’s Horizon Worlds expansion, SAGE Labs’ Solana launch, and other exciting developments, are setting the stage for a transformative play-to-earn gaming experience.

In the rapidly evolving world of play-to-earn gaming, a series of groundbreaking developments have recently emerged, promising to redefine the gaming experience. Here’s a comprehensive summary of yesterday’s five major news snippets that are poised to transform the gaming landscape:

PUBG Developer Krafton Unveils New Metaverse Game Overdare: South Korean gaming behemoth Krafton, known for its iconic PUBG franchise, has entered the NFT space with the announcement of ‘Overdare.’ Initially referred to as Project Migaloo, this mobile-centric game is set for a soft launch in December, followed by a full release by mid-2024. ‘Overdare’ leverages Krafton’s in-house blockchain, Settlus, and was developed in collaboration with Naver Z Studio. It introduces an innovative create-to-earn (C2E) model, allowing players to trade NFT-based assets and earn in USDC. However, the inclusion of mandatory NFTs and concerns surrounding token volatility remain points of debate.

Sky Mavis Elevates the Stakes with Axie Game Jam: Sky Mavis has thrown down the gauntlet for game developers with its inaugural Axie Game Jam 2023. Featuring an enticing prize pool of $20,500, participants have until October 14th to form teams and register. The event officially commences on October 15th when Sky Mavis unveils the contest’s theme, igniting a coding frenzy. With top winners standing to earn up to $8,000, this competition promises to drive innovation within the gaming industry.

Horizon Worlds Ventures Beyond VR: Meta’s 3D metaverse platform, Horizon Worlds, is breaking free from its VR limitations. Meta has announced early access to Horizon Worlds on Android’s Meta Quest app and web browsers, aiming to make the platform universally accessible across different devices. This expansion is seen as an effort to enhance inclusivity, despite initial criticisms of not being a pioneering metaverse experience.

SAGE Labs: The Vanguard of Web3 Gaming: On September 21st, SAGE Labs is set to revolutionize the Web3 gaming landscape with its launch on the Solana Mainnet. Developed by Star Atlas, SAGE Labs promises intricate game mechanics and a complex economic loop involving crafting and freighting, among other activities. Furthermore, an enticing $1.5 million Golden Ticket promotion is on the horizon, offering substantial rewards to players. This launch holds particular appeal for those interested in decentralized gaming and true asset ownership.

Multiple Launches Shake the Core of the Gaming World: Beyond these major announcements, the gaming sphere has seen several other noteworthy updates. MetaKing Studios has launched its strategic game “Blocklords,” now accessible through the Epic Games Store. Laguna Games is gearing up for a significant update in “Crypto Unicorns” with the introduction of the “Shadow Forge” game mode. “Meta Toy Dragonz Saga” is set to enter open beta on September 20th, and “Star Atlas” will debut its resource-intensive game update on September 21st. In a touching gesture, The Sandbox has launched the “Incheon Landing Operation” game, dedicating all proceeds to charity.

In conclusion, the play-to-earn gaming industry is on the cusp of a transformative era, characterized by innovative blockchain systems, substantial prize pools, and a renewed focus on inclusivity. Expect more seismic shifts as this ever-evolving landscape continues to evolve and captivate gamers worldwide. Stay tuned for further developments in this dynamic space.

GameOn and La Liga North America Unveil Web3 NFT Fantasy Soccer Game

A new and exciting Web3 NFT fantasy soccer game is set to make its debut in North America, bringing joy to football (soccer) enthusiasts. This innovative NFT game draws inspiration from the renowned Spanish football league, La Liga, and is being developed by GameOn in collaboration with La Liga North America. The prospect of this Web3 game holds immense potential and promises to be a treat for La Liga fans across the United States and Canada.

Features and Benefits for Players:

La Liga NFT player packs will be available to players in the US and Canada. These packs will enable players to assemble fantasy soccer lineups and accrue points based on the real-world performance of the players they select. More impressive performances will yield higher point totals for players.

Personalization options are a highlight of this game, allowing players to customize their avatars with digital gear such as hats, jerseys, cleats, and shoes, enhancing the vibrancy of their in-game personas.

In early 2024, GameOn intends to introduce its La Liga-themed web app to users in the United States and Canada. The app will offer a range of interactive features, including social chat functions that allow friends and fellow players to interact while staying within the platform.

Exciting opportunities await fans as they can compete for various prizes, including cash rewards, VIP tickets to matches, autographed merchandise, and exclusive access to meet-and-greet sessions with soccer players.

GameOn has plans to create engaging games centered around La Liga’s two soccer leagues: the premier La Liga EA Sports and the second-tier La Liga Hypermotion.

GameOn CEO Matt Bailey’s Perspective:

GameOn CEO Matt Bailey emphasized the company’s enthusiasm for entering the North American market, particularly with Web3 games. He underscored that the success of Web3 games doesn’t necessarily depend on massive user numbers but on having a dedicated and engaged user base. Bailey emphasized that Web3 technology offers ownership, interoperability, and rewards, aligning with the desires of fans, especially the tech-savvy Gen Z, who seek active involvement, content ownership, and rewards.

La Liga’s Growing Popularity in North America:

The popularity of La Liga in North America has been on the rise. In 2021, ESPN signed an eight-year media rights deal with La Liga, allowing ESPN+ to stream games from the top Spanish soccer league until the 2028-29 season. This agreement marked a significant milestone, bringing top-level Spanish football to American viewers. High-profile exhibition games in the US featuring teams like FC Barcelona and Real Madrid have further fueled interest in La Liga in the region.

Insights into GameOn and Its Investors:

GameOn, spearheaded by Matt Bailey, initially started as a company developing trivia and prediction games for entities like the WNBA, Dick’s Sporting Goods, and NBCUniversal. However, GameOn’s evolution led it into the Web3 space, where it created games based on NFTs for organizations like the Professional Fighters League and Karate Combat, showcasing its adaptability and creativity in an ever-changing industry.

GameOn’s “chain agnostic” approach means it can collaborate with various blockchain technologies. Past ventures have seen GameOn utilize blockchain networks like Polygon and Hedera.

The company has ambitious plans for the future, including the creation of a token to link all games in its Web3 gaming ecosystem. This token will enhance the gaming experience for partner clients, such as La Liga and the Professional Fighters League (PFL).

Notable investors in GameOn include Polygon Studios, Hedera, Dapper Labs, Techstars, Comcast, Lightning Capital, and Times Internet. Of particular significance is Dapper Labs’ $1.8 million investment in GameOn’s seed round, given Dapper Labs’ track record of successful ventures like NBA Top Shot and NFL All Day, further solidifying GameOn’s position in the Web3 gaming sphere.

A Comprehensive Guide to Champions Arena: Mobile RPG, Trading Cards, Gacha Mechanics, and NFTs

Champions Arena, a captivating mobile RPG developed by Gala Games and OneUniverse, brings together the thrill of trading card games, gacha mechanics, and the option of Non-Fungible Tokens (NFTs). This mobile-first RPG is accessible on iOS, Android, and Windows PC, and in this comprehensive guide, we’ll delve into the game’s mechanics, how to play, and the potential rewards it offers.

Downloading Champions Arena

The process of downloading Champions Arena is fairly standard across different platforms. Players must either log in to their existing Gala Games account or create a new one. It’s worth noting that having a cryptocurrency wallet is not a requirement for creating a Gala Games account or playing the game.

After successfully signing up for a Gala Games account, PC players can access Champions Arena directly from the developer’s website. For iOS users, the game can be found on the App Store, while Android users can download it from the Google Play Store. Importantly, players should ensure that they’ve recently logged into their Gala account on the same device they intend to use for playing to avoid login issues. This means mobile users may need to log in via a mobile web browser, such as Safari for iOS or Chrome for Android.

Purchasing Gems in Champions Arena

In Champions Arena, “gems” are one of the in-game currencies and can be acquired through the Gala Games website, using either cryptocurrency or real-world currency. To purchase gems with cryptocurrency, players on mobile devices and PCs will need to access a web browser outside of the game.

For PC players, simply visit the Gala Games website and select the “Games” option to find various gem packages that can be purchased using cryptocurrencies like Ethereum (ETH) or GALA tokens. After September 2023, gem purchases will be exclusively available to crypto users. Conversely, mobile players will use real-world currency to acquire “summoning tickets” for obtaining new characters and “Soulstones” for upgrading existing ones.

Playing Champions Arena

In Champions Arena, players can earn in-game currencies like “gold” and experience (XP) simply by logging in, as the game includes numerous idle activities. The primary objective is to build a team of four playable characters known as Champions and enhance their levels for various group battles.

Gameplay revolves around four-on-four battles, where players control a team and utilize a deck of cards to strategize and execute attacks, defenses, and magic spells. Champions and cards are categorized into three different colors or “factions” – yellow (Harmony), red (Destruction), and blue (Prosperity).

Synthetic Currencies in Champions Arena

The game offers a wide array of currencies, including both paid and unpaid gems, cash, Lapis, Mileage Points, Soulstones, Upgrade Stones, XP points, Essence, and Condition Potions. These are not digital currencies but serve specific in-game purposes.

Acquiring New Champions

Players can unlock the initial set of four to eight playable characters relatively quickly after installing the game and completing certain in-game achievements. However, acquiring additional Champions involves the premium summoning mechanic, akin to a random loot box (gacha). To perform a premium summon, players need either one Premium Summoning Ticket or 1,000 gems (approximately $10.66). Joining an “Estate,” the game’s equivalent of a guild, can reduce the cost of a Premium summon by nearly half.

Leveling Up Champions

Champion strength is determined by both their numerical level and star level. Players can increase a Champion’s level by spending gold, while star levels can be enhanced by collecting Lapis and character-specific Soulstones. Duplicate Champions can be dismantled for Soulstones, providing a source of experience.

To upgrade equipment, players need a combination of gold and Upgrade Stones, available in the Champions menu and the Equipment tab of the inventory. Higher-level characters can utilize rarer and more potent equipment.

NFTs in Champions Arena

By default, players in Champions Arena do not have NFT status, and creating an NFT version of your character can be somewhat costly. Players can transform their characters into NFTs using “Minting Scrolls,” with the number of scrolls required varying for each Champion.

Final Thoughts

Champions Arena is a mobile RPG that caters to both casual and competitive players with its rewarding gameplay, “farming” mechanics, and diverse game modes. While it’s possible to enjoy the game without spending money, acquiring new characters may take longer. The option to convert characters into NFTs exists but is entirely voluntary.

Unlocking Passive Income in Web3 Gaming: A Comprehensive Guide to Staking Cryptocurrency for Gamers

The world of cryptocurrency and Web3 gaming is a rapidly evolving landscape where innovative opportunities for passive income are emerging. Staking, a concept that can seem complex at first, plays a pivotal role in this ecosystem by allowing individuals to profit from holding specific cryptocurrencies. This blog explores the exciting concept of Web3 gaming and how staking rewards are being integrated into games like LandRocker to enable players to earn more money.

In 2022, the cryptocurrency market witnessed over $20 billion in transactions on the Ethereum network alone, with additional billions on networks like Solana, Cardano, and BNB Chain. What makes this market even more appealing is the ability to invest in a “staking” account and passively accumulate cryptocurrencies over time. The concept of crypto staking, which has gained popularity in the digital realm, has now made its way into the Web3 gaming industry. As this industry continues to expand, it is constantly searching for ways to enhance the player experience. The synergy between players earning more money and the overall improvement of the gaming experience creates a win-win situation.

The Surge of Staking in the Crypto World:

Blockchain technology relies on a consensus mechanism to validate transactions. The initial approach, known as Proof-of-Work (PoW), was resource-intensive and led to inefficiencies on most blockchain networks. Proof-of-Stake (PoS) emerged as an alternative mechanism for verifying transactions, wherein users are randomly selected to validate blocks, forming a subset of validators.

PoS is more efficient than PoW, but it requires a significant number of users to participate in staking or provide liquidity to the network. Cryptocurrency exchanges have introduced staking pools to facilitate user participation in staking. In exchange for locking their cryptocurrency holdings and helping secure the network, users receive passive income in the form of regular deposits.

Even if users do not intend to sell their cryptocurrencies, they can still benefit by participating in staking, earning attractive returns. This is evidenced by the billions of dollars’ worth of crypto assets that are staked annually, underscoring the popularity of this passive income method.

Staking for New Web3 Gamers:

Despite the potential rewards, many individuals remain unfamiliar with staking due to its perceived risks and complexity, which presents a barrier to its integration into the Web3 gaming ecosystem. Some may be intimidated by the intricacies of cryptocurrency trading, and even members of the Web3 community may lack the necessary knowledge of using cryptocurrency exchanges.

To address this challenge, Web3 gaming developers are working to seamlessly integrate betting mechanisms into their games. This approach allows players to engage in cryptocurrency-related activities without the need to learn a new system or navigate the complexities of crypto trading. Users can bet on in-game assets, such as LRT (LandRocker Tokens), to obtain additional in-game benefits, better tools, or to contribute to liquidity pools for passive income.

By making staking a natural part of the gaming experience, Web3 gaming platforms are lowering the entry barriers for players who want to earn money or simply enjoy playing “play-to-earn” (P2E) games. This in-game betting model showcases the viability of cryptocurrency trading within the Web3 gaming ecosystem. Staking in Web3 gaming, as exemplified by LandRocker, is not an afterthought but an integral component designed to enhance user engagement.

Final Word:

Web3 gaming presents an exciting opportunity for players to interact with cryptocurrency processes without the need to navigate the complexities of the broader cryptocurrency ecosystem. By seamlessly integrating staking into fundamental gameplay loops, users can maximize their engagement within these ecosystems while pursuing various objectives based on their preferences.

The expansive world offered by LandRocker is a testament to the potential synergy between gamers and crypto enthusiasts in the Web3 gaming space. As the Web3 gaming industry continues to evolve, it is likely that more innovative approaches to staking and earning through gaming will emerge, further bridging the gap between the gaming and cryptocurrency worlds.

Overdare: Krafton’s NFT-Powered Metaverse Mobile Game Redefining Gaming with Settlus Blockchain

Krafton, the renowned game studio behind PUBG, has unveiled a groundbreaking NFT-powered metaverse mobile game called Overdare. This innovative project is set to revolutionize user-generated content within the gaming world and is built on the Settlus blockchain. While the official launch is slated for the first or second quarter of the upcoming year, a soft launch is planned for December of this year to give fans a taste of what’s to come.

Overdare is not just your typical mobile game; it embraces NFT technology and empowers users to create their own content, akin to the popular platform Roblox. The game is developed using Epic’s Unreal Engine 5 and features generative AI tools that enable players to design games across various genres. It’s also a social platform, allowing players to communicate via chat and customize their avatars, promoting individuality.

Overdare’s virtual world is expansive, offering players the freedom to use AI tools to craft their own games and environments. Furthermore, they can engage in a wide range of games created by fellow users, attend virtual concerts, and personalize their avatars.

This ambitious project is the result of a partnership between Krafton and Naver Z, a company specializing in augmented reality technology. Krafton holds an 85% stake in the venture, with Naver Z owning the remaining 15%.

Overdare aims to establish a “create-to-earn” gaming economy, enabling players to buy and sell digital assets within the game as NFTs. This shift towards NFTs is driven by the promise of transparent and secure transactions.

To support this economy, Krafton and Naver Z have chosen the Settlus blockchain. This blockchain system will allow players to earn money in popular cryptocurrencies like Coinbase and Circle’s USDC stablecoin. The integration of Cosmos technology, recently highlighted at Korea Blockchain Week, promises to streamline the process. Settlus, developed by Krafton, is touted as “the future of the creator economy” on its official Twitter account.

In a recent Medium blog post, Krafton’s Settlus hinted at a potential “NFT licensing system,” although details remain scarce. The blog also addresses potential challenges in Overdare’s planned NFT economy, including the option to make NFTs optional rather than mandatory and ensuring a balanced inventory of items. Additionally, it intends to address the issue of volatile token prices to ensure a positive experience for players and creators.

Regarding the role of Settlus’s own token in this ecosystem, it remains unclear. The community may await further information to learn whether Settlus intends to create a new token or exclusively employ USDC. The adoption of stablecoins like USDC is favored for their price stability compared to volatile cryptocurrencies like Bitcoin and Ethereum, as they are designed to maintain a fixed value pegged to the US dollar.

With Krafton’s strong reputation in the gaming industry and the massive popularity of PUBG with 300 million monthly active users, Overdare holds significant potential to shape the future of the metaverse. This project represents a promising leap into the world of NFTs, user-generated content, and blockchain technology, offering gamers new avenues for creativity and financial opportunities.

Ancient8 Chain on Ethereum Layer 2 Transforms Web3 Gaming with Scalability and Community-Driven Innovation

Ancient8 Chain on Ethereum Layer 2 has officially launched, marking a significant milestone in the gaming and blockchain industries. Developed by Ancient8.gg, this platform is poised to revolutionize Web3 gaming by offering a seamless and cost-effective gaming experience. Its mission is to drive the adoption of decentralized gaming worldwide and attract the next 100 million Web3 citizens.

Ancient8 Chain leverages the power of the Optimism Superchain and OP Stack Layer 2 technology, seamlessly integrating with Ethereum without requiring any code changes. This breakthrough infrastructure provides game developers with unprecedented access to features while significantly reducing costs, addressing a major challenge in Web3 gaming.

Scalability and throughput are major advantages of Ancient8 Chain. By combining OP Stack and Optimistic Rollups, it overcomes the limitations of the Ethereum mainnet, enabling a higher volume of transactions and eliminating bottlenecks and delays that often hinder user experiences in Web3 gaming. This scalability is pivotal in making blockchain gaming more popular and sustainable.

The compatibility of OP Stack with the Ethereum Virtual Machine (EVM) simplifies the transition for developers, allowing them to migrate code and infrastructure from Ethereum seamlessly. The cost-effective rollup architecture enhances user accessibility, fosters interoperability, and encourages collaboration within the blockchain community.

Ancient8.gg operates on a community-driven approach, where inclusivity and cooperation are paramount. The Ancient8 Collective comprises core partners and thought leaders in Web3 gaming, united in building the Ancient8 Chain ecosystem. This collective approach underscores the platform’s commitment to creating tools that empower game developers to create immersive, scalable, and affordable blockchain games.

The Ancient8 Chain’s cost-effectiveness distinguishes it as a game-changer for Web3 game developers seeking innovative solutions. By enabling developers to harness Ethereum’s strengths without altering their code, it promotes the creation of enjoyable gaming experiences.

The introduction of the Ancient8 Foundation represents a significant step towards decentralization, emphasizing community participation and governance. This shift ensures fair resource allocation, providing developers with an equal footing for creativity and innovation while addressing resource disparities.

Ancient8.gg actively supports games and protocols contributing to the growth of the Ancient8 Chain, both financially and within the ecosystem. This support fosters collaboration, innovation, and the overall enhancement of Web3 gaming.

The launch of Ancient8.gg marks a pivotal moment in the world of Web3 gaming, as Ancient8 Chain reshapes how people engage with games through its global reach and robust technological foundation. Its emphasis on scalability, openness, and community-driven innovation propels Web3 gaming forward, unlocking the full potential of blockchain technology.

Ancient8 Chain embodies the dedication of the Ancient8 Collective and their unwavering vision to lead the blockchain revolution while providing users and developers with the necessary tools to play a crucial role in this groundbreaking journey. Ancient8.gg is undeniably a trailblazer in game development innovation, built on principles of unity, innovation, and the creation of a decentralized and vibrant gaming Metaverse.

U.S. Regulatory Restrictions and Crypto Compliance Cause Delay in Shrapnel Blockchain Game Launch

The release of the blockchain game “Shrapnel,” a first-person extraction shooter, is facing delays due to regulatory restrictions in the United States. To comply with U.S. securities regulations, the game’s developers have removed a feature that allows U.S. players to cash out their in-game earnings. This decision stems from the strict rules enforced by Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), which has led many cryptocurrency companies to limit their domestic operations and focus on international markets.

“Shrapnel” is set in the year 2038 on Earth and offers players the opportunity to seek goods, compete against enemies and other players, and earn money within the game. The use of blockchain technology allows users to create open economies and own intellectual property rights for in-game items. The game’s developers hope that this restriction on cashing out for U.S. players will be temporary and that they can eventually offer this feature.

The game’s development team, Neon, has chosen to use Avalanche for its scalability, with a transaction processing capacity of 555 transactions per second (TPS), which is expected to grow as Avalanche matures.

While U.S. regulatory concerns have slowed down the release of “Shrapnel,” the global metaverse and gaming industry, particularly in Asia, is still growing. The game will offer a paid early-access version in December, with plans to eventually become free to play.

“Shrapnel” is an AAA first-person extraction shooter set in a post-apocalyptic world, offering players extensive control over the items they collect. It features complex physics, destructible environments, character customization, and various game modes, catering to both single-player and multiplayer experiences.

FAQ: Shrapnel Blockchain Game and U.S. Regulatory Restrictions.
What is “Shrapnel,” and why is it facing delays in its U.S. release?
Answer: “Shrapnel” is an upcoming AAA first-person extraction shooter game built on blockchain technology. It offers players the ability to earn money within the game and own intellectual property rights for in-game items. The game is facing delays in its U.S. release due to regulatory restrictions imposed by the U.S. Securities and Exchange Commission (SEC).

What specific feature is being altered for U.S. players, and why?
Answer: The feature being altered for U.S. players is the ability to cash out their in-game earnings. This change is necessary to comply with U.S. securities regulations enforced by the SEC. Players in Europe and Asia will still be able to cash out their earnings, but this feature will be restricted for U.S. players.

Why are U.S. regulatory concerns impacting “Shrapnel” and other cryptocurrency companies?
Answer: U.S. regulatory concerns, particularly under the leadership of SEC Chairman Gary Gensler, have led to increased scrutiny and strict rules for cryptocurrency and blockchain-related activities. Many cryptocurrency companies, including “Shrapnel” developers, are choosing to limit their domestic operations and expand globally to avoid regulatory complications.

How does “Shrapnel” work, and what sets it apart from other games?
Answer: “Shrapnel” is set in a post-apocalyptic world in the year 2038 and allows players to explore dangerous areas, engage in combat, and collect resources to survive. What sets it apart is its use of blockchain technology, which enables players to create open economies within the game, own intellectual property rights, and earn money through various in-game activities.

What blockchain technology is “Shrapnel” using, and why?
Answer: “Shrapnel” has chosen to use Avalanche blockchain technology. The decision was driven by Avalanche’s scalability, with a transaction processing capacity of 555 transactions per second (TPS). As the Avalanche platform matures, “Shrapnel” expects to scale more effectively and accommodate a growing player base.

When can we expect the release of “Shrapnel” for U.S. players?
Answer: While U.S. players are currently restricted from cashing out their in-game earnings in “Shrapnel” due to regulatory concerns, there is hope that this limitation will be temporary. The development team, Neon, is working to address these regulatory issues. A paid early-access version of the game is planned for release in December, with the goal of eventually offering free-to-play access to all users.

Is the metaverse and gaming industry still growing despite regulatory challenges?
Answer: Yes, the metaverse and gaming industry continue to experience growth, especially in Asian markets such as Hong Kong, South Korea, and Japan. Despite regulatory challenges, the demand for virtual worlds and online gaming remains strong, and it is expected that regulatory issues will be resolved over time to allow broader access to platforms like “Shrapnel.”

QORPO World: Bridging Web2 and Web3 with Top-Tier Games, Esports, NFTs, and Innovative Tokenomics

QORPO World is making a significant impact by bridging the divide between the Web2 and Web3 realms with a comprehensive ecosystem that encompasses top-tier games, esports tournaments, NFT marketplaces, and social hubs. This initiative seeks to bring blockchain gaming closer to a wider audience who may not typically engage with this technology.

QORPO World’s journey commenced by strategically expanding its presence within various facets of the Web3 ecosystem, including games, esports, and NFTs. The culmination of this expansion effort led to the creation of the QORPO World platform, which acts as a central hub where all these services converge. Notably, players within the QORPO World ecosystem have the opportunity to influence the platform’s growth through voting mechanisms.

The overarching objective of QORPO World is to democratize esports by providing a platform for regular gamers to partake in high-quality gaming experiences. The platform boasts an impressive lineup of games, with “Citizen Conflict” and “AneeMate” standing out as prominent examples.

“Citizen Conflict” is a free-to-play hero shooter that seamlessly blends competitive esports game modes with blockchain technology. Beyond gameplay, it offers players an immersive dystopian storyline where three opposing factions vie for power in a futuristic world filled with unique vehicles, planes, weaponry, and equipment. This game has not only captured the attention of gamers but has also fostered a strong community within the blockchain space. Notably, the Qtum Foundation organized an esports tournament with a substantial $10,000 prize pool, attracting professional esports teams, gaming guilds, content creators, and casual players alike.

The success of “Citizen Conflict” is underscored by positive feedback from players and endorsements from entities like Geekz Energy. The competitive nature of the game was evident during the Guild Wars tournament, which featured a mix of professional and amateur players, showcasing the game’s potential as a competitive esports title.

Following the success of “Citizen Conflict,” QORPO World introduced “AneeMate,” a game that encourages players to unleash their imagination in an open-world setting. Drawing inspiration from popular franchises like Pokemon, “AneeMate” offers players the chance to explore a world teeming with fantastical creatures, engaging in action-packed adventures and creature collecting. Players can align themselves with either the Guardians of AneeMates or the Vanguard group, each with its own unique goals and motivations. The game’s multifaceted gameplay includes tactical teamplay, turn-based strategy, action elements, RPG mechanics, and a plethora of adventures to embark upon. The captivating graphics, art style, and diverse gameplay options make “AneeMate” a compelling addition to the QORPO World platform.

At the heart of the QORPO World ecosystem lies the QORPO token, a versatile digital currency designed to power every facet of the platform. This token serves as the linchpin of the QORPO gaming universe and features mechanisms to combat inflation while ensuring long-term stability and value. One key innovation is the approach to revenue allocation, where users can engage with and purchase exclusive content, including game assets, cosmetics, and season passes. A portion of the generated revenue is consistently allocated to buy back QORPO tokens on exchanges, driving scarcity and demand and ultimately increasing the token’s value.

These repurchased tokens are then integrated into a staking pool, offering users a dynamic APY that adjusts based on ecosystem revenue. What sets QORPO apart from the typical Play-to-Earn (P2E) model is that players receive stablecoin rewards from tournament prize pools, effectively mitigating token inflation.

Sebastián Šooš, Chief Business Officer at QORPO World, emphasized the platform’s innovative tokenomics, stating, “After exploring various sustainable token systems, we’ve ultimately decided to blend traditional Web2 gaming monetization methods with our own innovative touch. QORPO stands as one token, representing all QORPO ecosystem products, innovative gaming IPs, and scalability into B2B solutions within a single-token economy.”

In summary, QORPO World is poised to reshape the gaming landscape by seamlessly integrating blockchain technology, high-quality games, esports tournaments, and NFT marketplaces into a unified ecosystem. This innovative approach has already borne fruit with titles like “Citizen Conflict” and “AneeMate,” while the QORPO token plays a pivotal role in driving the platform’s growth and sustainability. With a commitment to accessibility and innovation, QORPO World is at the forefront of the Web3 gaming revolution.

Pixels’ Bold Move: Shifting from Polygon to Ronin Blockchain – A Game-Changing Decision in the World of Web3 Gaming

Pixels, the leading Web3 game on the Polygon blockchain, has made a groundbreaking decision to shift its operations to Sky Mavis’ Ronin Blockchain. This move has sent shockwaves through the gaming community, considering Pixels’ current top-ranking status on the Polygon blockchain, and it holds significant implications for both Polygon and Ronin, particularly in light of Ronin’s recovery from a past hacking incident.

Pixels, a social browser game, is set in an open farming environment where players can explore, level up their abilities, and interact with other players while completing quests. With over 1.5 million monthly on-chain transactions, 100,000+ monthly active wallets, and a daily player base exceeding 5,000, Pixels stands as the most popular Web3 game on Polygon based on the unique number of active wallets.

Sky Mavis, the creator of the immensely successful Axie Infinity, which played a pivotal role in igniting the blockchain gaming trend in 2021, has promised various benefits for Pixels’ transition to Ronin. These advantages include lower petrol fees, access to marketing and consulting support, and the utilization of the Mavis hub, Ronin’s platform for distributing Web3 games.

Ronin, developed by Sky Mavis, is a blockchain specifically tailored for Ethereum virtual machine-based games. It has evolved to accommodate millions of daily users, and in March, Sky Mavis began extending the use of Ronin to other game companies. These companies can harness Sky Mavis’ products and expertise to create successful Web3 games that emphasize ownership, community engagement, and interactive gameplay. Notable game companies such as Directive Games, Tribes, Bali Games, Bowled.io, SkyVu, and Zillion Whales have already expressed their commitment to building on Ronin.

Luke Barwikowski, CEO of Pixels.online, emphasized the strategic nature of this decision, stating that “Sky Mavis is the only company that has reached scalability in Web3 gaming, so partnering with the team and moving to Ronin made a lot of sense.” He highlighted the hands-on experience and proven track record of the Sky Mavis team as key factors in the decision to migrate Pixels to Ronin.

Aleksander Larsen, COO of Sky Mavis, highlighted Pixels as the second most popular Web3 game among real players, just behind Axie Infinity. Larsen expressed excitement about Pixels joining Ronin and offering access to infrastructure and technology. He also hinted at the potential for the community to build an “Axie place” in the future, facilitating gatherings for players.

Sky Mavis cited its impressive scalability in Web3 gaming as a key factor in Pixels’ migration. Studios like Pixels are drawn to Ronin for its value-added services and partner support, underlining the attractiveness of the Ronin blockchain for game developers.

Furthermore, Immutable zkEVM, a gaming-focused chain, is set to go live on Polygon’s mainnet, indicating the competitive landscape in blockchain gaming. Similar to Polygon, Ronin operates with the Ethereum Virtual Machine and focuses on gaming, making it a formidable player in the space alongside Immutable zkEVM.

Pixels is not merely a game but an immersive experience that harnesses Web3 technology to offer gamers true digital control. It has seamlessly integrated NFTs into its ecosystem, incorporating web3 communities and transforming over 65 NFT collections into playable game characters. The Pixels team is also actively building its Web3 infrastructure, aiming to provide users with the best possible experience while allowing other Web3 games to use it as a foundational platform for blockchain development.

In summary, Pixels’ decision to migrate from Polygon to Ronin represents a significant turning point for both the game and the blockchain gaming industry as a whole. With the support of Sky Mavis and Ronin’s robust infrastructure, Pixels aims to continue its growth trajectory and deliver an immersive gaming experience to its players. This move underscores the dynamic nature of the blockchain gaming sector, where strategic partnerships and decisions can reshape the future of the gaming industry.

How Web3 Technology Seamlessly Addresses Web2 Gaming’s Long-Standing Challenges

In the world of online gaming, Web2 technology has reigned supreme for years, bringing with it a host of conveniences and challenges. However, Web3 technology is emerging as a promising solution to the persistent issues that have plagued video games. This extensive summary explores the transition from Web2 to Web3 gaming and how it addresses key problems in the gaming industry.

Web2 gaming has enjoyed widespread popularity, but it presents several hurdles for players. One of the primary challenges is the need for players to create multiple virtual identities, usernames, and passwords for different games. Managing numerous credentials can become cumbersome, leading to the risk of losing access to valuable accounts. Additionally, security and privacy concerns loom large in the Web2 gaming landscape. Studies have shown an increase in cyberattacks targeting gamers, jeopardizing both their financial assets and personal information. The collection of players’ data by online games also raises concerns about data breaches and misuse.

Another pressing issue in Web2 gaming is the prevalence of bots and fake accounts, often powered by advanced AI technologies like ChatGPT. These bots not only disrupt the gaming experience but also pose security and privacy threats. This problem extends beyond gaming, affecting social media platforms with the rise of deepfake accounts and scams.

Enter Web3 gaming, a transformative shift in the gaming industry fueled by technologies like blockchain and non-fungible tokens (NFTs). Web3 gaming has witnessed exponential growth, with a 2,000% increase from 2021 to 2022 and a significant share of blockchain activity in the first half of 2023. Players are also investing substantial sums, with spending reaching $739 million in a single year.

So, how does Web3 technology address the longstanding issues in video games?

Web3 technology serves as a comprehensive solution to the problems encountered in Web2 gaming. It introduces encrypted and secure Web3 identities, which act as a digital wallet, a universal access point to Web3 games, and a safeguard for players. With Web3 identities, players no longer need to create multiple accounts for various games; one identity works seamlessly across all Web3 titles. Furthermore, these identities function as Web3 wallets, where valuable NFTs and rewards from different Web3 games are stored.

Web3 identities simplify the login process, eliminating the need to juggle numerous credentials. This streamlines the onboarding experience for new players, expanding their gaming options while maintaining security. The robust security of Web3 identities, backed by blockchain technology and encryption, makes them nearly impervious to compromise. Players can trust that their funds are secure and accessible only when they choose to access them.

Moreover, Web3 identities grant players control over their data privacy. Users can determine which platforms can access their personal information and revoke permission at any time. This heightened level of control makes it challenging for third parties to access sensitive data, empowering users with increased freedom and security.

To combat the rising threat of bots, Web3 identities can implement a one-time “humanity check” during setup, using methods such as biometrics or video chats with approved validators. This authentication process ensures that users are genuine individuals, reducing the risk of cyberattacks and the presence of deepfake bot accounts.

In summary, Web3 technology offers a promising future for the gaming industry by addressing the longstanding challenges of Web2 gaming. With Web3 identities serving as secure, universal access points and wallets, players can enjoy a more streamlined and secure gaming experience. These identities also grant users control over their data, enhancing privacy and reducing the risk of cyberattacks. As Web3 gaming continues to evolve, it holds the potential to revolutionize the way we play and interact in virtual worlds.

Gods Unchained and Sealed Mode Revolutionizing NFTs and Blockchain

Gods Unchained is a pioneering web3-based card game that has been making significant waves in the world of blockchain technology, cryptocurrencies, and NFTs (Non-Fungible Tokens). With the recent introduction of ‘Sealed Mode,’ this crypto card game is poised to take the gaming and NFT communities by storm. At its core, Gods Unchained is a prime example of the ‘play-to-earn’ concept, fusing blockchain technology, NFTs, and traditional card gaming to create an ecosystem where players not only experience immersive gameplay but also earn valuable digital assets in the process.

One of the fundamental aspects of Gods Unchained is its operation on the Ethereum blockchain, utilizing NFTs to represent each card within its extensive collection. This means that every card in the game is a unique digital asset with intrinsic value, granting players true ownership over these assets. This sets it apart from traditional digital card games, where players typically do not have genuine ownership of their in-game cards. In Gods Unchained, players can buy, sell, and trade their NFT cards on the Immutable X Marketplace, unlocking new dimensions of value and ownership in the gaming world.

The driving force behind Gods Unchained is a team led by Nick Clay, a former director of the renowned Magic: The Gathering Arena. Nick Clay’s expertise in game design, balance, and player engagement is instrumental in the success and innovation of Gods Unchained, setting high expectations for the game’s future.

The introduction of ‘Sealed Mode’ within Gods Unchained is a game-changer. This new format has the potential to revolutionize the digital card game industry by bringing the popular ‘sealed deck’ tournament format from traditional card games like Magic: The Gathering into the digital realm. Sealed Mode in Gods Unchained operates as follows:

Entry Fee: Players interested in Sealed Mode must pay an entry fee of 15 Gods Unchained (GODS) tokens, which is roughly valued at $2.65.

Random Card Selection: Upon entry, each player is provided with a random selection of three gods, from which they must choose one to build their deck around.

Card Pool: Players also receive 60 random cards drawn from various Gods Unchained card sets, including Etherbots, Mortal Judgement, Winter Wanderlands, and more.

Deck Building: Players are tasked with constructing a minimum 30-card deck exclusively from the cards provided in their sealed pool. They cannot use cards from their personal collection in Sealed Mode.

Gameplay and Rewards: In Sealed Mode, players compete until they either lose three matches or win seven. Rewards are based on a player’s performance, with better records yielding greater rewards.

Cosmetic Rewards:

Additionally, players who achieve four or more wins can exclusively obtain cosmetic rewards through Sealed Mode, creating an incentive for players to excel in the tournament.

The introduction of NFTs into traditional gaming formats, as exemplified by Sealed Mode in Gods Unchained, showcases the transformative potential of NFTs in the gaming world. On the Immutable X network, which is a layer-2 solution built on top of the Ethereum blockchain, each player’s sealed pool represents a non-fungible token for every card. This means that every card is a unique, tradable digital asset with real-world value.

This innovative move by Gods Unchained disrupts the traditional gaming industry, where players typically invest time and money into games without any tangible ownership of their in-game assets. By allowing players to genuinely own, trade, and profit from their digital card collections, Gods Unchained redefines the rules of the game.

Furthermore, Immutable X, the platform on which Gods Unchained operates, has been actively working on scaling solutions to enhance the gaming experience. They recently unveiled a wallet application called ‘Passport,’ aimed at simplifying the login process for gamers and improving the user experience. Additionally, Immutable X introduced its zkEVM (Zero-Knowledge Ethereum Virtual Machine) testnet to scale Ethereum for video game players. This move ensures smooth and efficient gameplay while reducing network congestion and lowering gas fees.

In conclusion, Gods Unchained’s Sealed Mode exemplifies the game’s commitment to innovation and player empowerment. Through the play-to-earn model, NFT utilization, and the introduction of engaging gameplay formats like Sealed Mode, Gods Unchained is reshaping the digital card gaming landscape, offering players both an immersive gaming experience and genuine ownership of their in-game assets, while pushing the boundaries of what is possible in the world of blockchain gaming.

BNB Chain’s Ambitious Quest to Reach One Billion Web3 Users through Blockchain Gaming Advancements, BNB Greenfield, and opBNB

BNB Chain is on a mission to reach one billion users in the realm of Web3 and blockchain gaming. As a prominent player in the world of Web3, BNB Chain is making significant strides, particularly in the field of blockchain gaming. The platform envisions creating an ecosystem for the next billion Web3 users by leveraging decentralized technologies and promoting interoperability. This ambitious goal aims to enhance users’ gaming experiences and streamline transactions.

Web3 gaming, or blockchain gaming, has gained popularity by integrating blockchain technology into video games. BNB Chain recognizes the vast potential of Web3 gaming and has made it a central focus of its development efforts, aiming to revolutionize the gaming industry by offering players innovative and improved gaming experiences.

One key aspect of Web3 gaming is the concept of true ownership within games. Through Non-Fungible Tokens (NFTs), players can buy, sell, and trade unique virtual items that they have full control over. This paradigm shift empowers players and creates new avenues for monetizing gaming skills and assets. Additionally, blockchain technology ensures secure, transparent, and immutable transactions, reducing the risk of fraud and fostering trust among players and developers.

BNB Chain’s commitment to Web3 gaming is evident in its user-centric approach, emphasizing an improved user journey. Notably, the platform has shifted away from mandatory blockchain wallet connections, instead opting for social logins that link users’ social identities to wallets. This approach simplifies asset management and empowers users to make decisions about their assets independently.

In its pursuit of Web3 gaming excellence, BNB Chain places a strong emphasis on supporting developers. The platform aims to provide developers with a robust infrastructure for building Web3 applications. An essential addition to BNB Chain’s ecosystem is BNB Greenfield, a decentralized storage platform designed to transform data ownership and management. BNB Greenfield complements BNB Smart Chain (BSC) seamlessly, offering a decentralized approach to data management.

BNB Greenfield addresses one of the most significant challenges facing blockchain platforms: scalability. It distinguishes itself from other decentralized storage services by offering easy scalability, smooth cloud integration, and compatibility with both Web2 and Web3 standards. Integration with BSC and the Ethereum Virtual Machine (EVM) environment sets BNB Greenfield apart, utilizing Optimistic Rollups to achieve scalability.

Optimistic Rollups is a scalability solution that optimizes main blockchain computing resources by running transactions off-chain and posting only transaction data on-chain. BNB Chain has harnessed this concept in the creation of opBNB, a game-changing solution that enhances the user experience on BSC. opBNB operates as a layer 2 chain integrated with the Ethereum Virtual Machine (EVM) and built on the Optimism OP Stack.

Notably, opBNB can increase the gas limit to an impressive 100 million, a substantial improvement over Optimism’s 30 million. This enhanced gas limit allows opBNB to handle over 4,000 transfer transactions per second, significantly boosting transaction throughput. Despite its high throughput, the average cost of a transaction on opBNB remains cost-effective at less than $0.005 USD. By employing Optimistic Rollups, computation and state storage are moved off-chain, reducing congestion and lowering transaction costs, making opBNB an efficient solution for users and developers alike.

Play-to-Earn Gaming: Pixels, GAMEE, Telegram, AC Milan, and Oasys Passport

The play-to-earn gaming world experienced a flurry of major shifts and exciting launches that have left industry insiders both astonished and thrilled. These developments signal a rapidly evolving landscape where innovation and technology continue to reshape the gaming experience. Here’s a comprehensive summary of the top five groundbreaking news events from the recent developments:

Pixels Migrates to Ronin Network: In a surprising move, the popular game Pixels, which was previously hosted on Polygon, announced its migration to Sky Mavis’s Ronin Network. Despite a successful testnet launch on Polygon’s Immutable X, Pixels decided to make the switch to Ronin due to its proven scalability within the Web3 gaming sphere. This decision raises questions about Polygon’s future, especially with its plans to launch its own game-centric blockchain later in the year.

GAMEE Introduces Beasties NFT Characters: A subsidiary of Animoca Brands, GAMEE, has ventured into uncharted territory by introducing Beasties as in-game companions. What sets these Beasties apart is their ability to be minted as NFTs at no cost, breaking down the traditional barriers to entry for decentralized gaming. These NFTs offer tangible in-game advantages, such as energy boosts, disrupting the conventional model and expanding the utility of NFTs beyond mere collectibles. Players can trade, sell, or use these NFTs across various Arc8 games, providing new opportunities for engagement and utility.

Telegram’s TON Space Crypto Wallet: In collaboration with the TON Foundation, Telegram is set to launch TON Space, a self-custodial crypto wallet. This move is significant, especially considering Telegram’s previous suspension of its blockchain project in 2020 due to legal issues with the U.S. SEC. TON Space, developed by The Open Platform (TOP), will be accessible globally starting in November, with a few exceptions due to regulatory restrictions. This initiative not only marks Telegram’s transformation into a “super app” but also holds the potential to introduce digital assets to unbanked populations in developing countries, fostering a decentralized payment ecosystem within the app. TON Space could also streamline in-app transactions and asset management, benefiting play-to-earn gaming enthusiasts.

AC Milan and Sorare’s 3D AR Soccer Cards: Sorare, in partnership with AC Milan, is revolutionizing digital collectibles with the introduction of 3D Augmented Reality (AR) soccer cards. These interactive cards offer unique perks, including VIP tickets and exclusive experiences with the AC Milan team. AC Milan becomes the first Italian club to embrace Sorare’s tech-forward initiative, promising an engaging fan experience, including an upcoming online treasure hunt in September.

Oasys Passport: A User-Friendly Wallet for Blockchain Gaming: Oasys has unveiled Oasys Passport, a user-friendly wallet app designed to promote the global adoption of blockchain gaming. Developed by double jump.tokyo, this app aims to simplify the blockchain gaming experience, making it accessible to individuals regardless of their knowledge of Web3 technology. Oasys Passport streamlines wallet creation with a one-click process, eliminating the need for email verification or passwords. It also features automatic chain selection, ensuring a seamless user experience by removing the need for manual chain switching. Future updates are expected to enhance the gaming experience further, including unified NFT displays and in-game asset visualization. The app is available on the Oasys main website.

In conclusion, these recent developments underscore the dynamic and rapidly evolving nature of the play-to-earn gaming industry. From blockchain migrations to NFT innovations, augmented reality experiences, and user-friendly wallet apps, these shifts and launches promise to reshape the way players engage with and benefit from the gaming ecosystem.

Exploring LegendsOfCrypto: Mik Mironov, Founder and CEO of RBL Labs, Discusses the Future of Web3 Gaming

In a comprehensive interview with Mik Mrionov, the Founder and CEO of RBL Labs, we delved into the fascinating world of Web3 gaming and learned about their flagship project, LegendsOfCrypto (LOCGame). The conversation provided deep insights into the evolving landscape of Web3 gaming, the unique features of LegendsOfCrypto, and the broader challenges and opportunities within the industry.

Web3 gaming, as Mrionov pointed out, represents the latest frontier in the evolution of video games, which have continuously transformed since their inception in the early 1980s. With a wide array of game genres and the integration of next-generation technologies, the gaming industry is in a constant state of evolution. In this context, Web3 gaming has emerged as a revolutionary concept, wherein players have the power to influence the game’s decisions, own in-game assets, and earn valuable crypto rewards, including tokens, cryptocurrencies, and NFTs (Non-Fungible Tokens).

However, Web3 gaming has not been without its challenges. Mrionov highlighted some of the obstacles faced by the industry, including regulatory issues, marketing strategies, and the struggle for mainstream acceptance. Despite these challenges, there have been significant turning points in recent years, with major players in the industry adopting Web3 technology to create games that bridge the virtual and real worlds. RBL Labs, the developer behind LegendsOfCrypto, is a notable participant in this movement.

LegendsOfCrypto, as described by Mrionov, is not your typical card game. It stands out as a Triad Battle card game designed to be enjoyable for both experienced gamers and newcomers. What sets LegendsOfCrypto apart is its ability to combine the accessibility and fun of a casual card game with a modern and engaging storyline. Regardless of a player’s level of experience, the game offers an enjoyable experience, making it accessible to a broad audience, particularly targeting individuals between the ages of 18 and 45 who seek an immersive gaming experience.

One of the standout features of LegendsOfCrypto is its availability as both a virtual and physical tabletop game. Top NFT holders have the opportunity to acquire a physical deck of LOCGame cards, blurring the boundaries between the digital and physical gaming worlds. Importantly, the game is not a mere clone of existing card games like Hearthstone; instead, it offers a unique and scalable gaming experience.

Mrionov outlined the game’s roadmap, which includes plans to expand to mobile platforms. This move aims to tap into the vast mobile gaming market and provide a seamless onboarding experience for players. The integration of blockchain and NFTs into the game’s progression system is a cornerstone of its scalable economy.

The conversation also touched upon Google’s recent acceptance of NFTs and blockchain, which Mrionov described as a significant development. This move by Google Play holds great promise for Web3 games, as it not only legitimizes the technology but also opens the doors to a wider audience and simplifies the acquisition and trading of NFTs.

In the broader context of Web3 gaming, Mrionov discussed both the opportunities and challenges facing the industry. While there has been progress in creating engaging and high-quality Web3 games, barriers such as the ease of use for non-crypto users, blockchain scalability issues, and regulatory uncertainties still need to be addressed. Looking ahead to 2023, he expressed the hope for a quantum leap in adoption, better wallet solutions, and increased collaborations between Web2 and Web3 gaming companies.

Regarding the use of NFTs in LegendsOfCrypto, Mrionov emphasized that they serve as an entry barrier for specific reasons related to game development and player experience. The game aims to strike a balance between free-to-play, play-to-earn, and pay-to-win elements, with a focus on delivering an enjoyable gaming experience as the top priority.

In summary, LegendsOfCrypto and RBL Labs represent a significant advancement in the Web3 gaming industry, offering a unique and accessible gaming experience. The interview with Mik Mrionov provided valuable insights into the challenges and opportunities facing Web3 gaming, as well as the potential for mainstream adoption and the transformative impact of Google’s acceptance of NFTs and blockchain technology in the gaming world.

Eternal Dragons Unveils Game Update Enhancing Gameplay, Accessibility, Realism and NFT Integration

Eternal Dragons, the NFT-based gaming experience, has unveiled a new game update aimed at enhancing the gameplay for both existing Dragoneers and web3 gamers. This update builds upon the excitement generated by previous additions such as quest modes and NFT integration.

Key features of this update include:

Unit Attack Animations: Players can now enjoy visually appealing and immersive animations as their Dragons and Minions execute powerful attack moves. This adds excitement and clarity to battles, helping players understand unit interactions better.

PvP Room Creation Simplified: The hassle of manually inputting PvP room codes has been eliminated. Players can now easily connect with opponents by creating a room, copying the code, and sharing it for a seamless gaming experience.

PvP AI Opponent: To address the challenge of finding PvP opponents, especially across different time zones, an AI opponent has been introduced. This AI learns from each battle, providing engaging challenges for players of all skill levels.

Stacked Classes: The introduction of class stacking in place of skills adds strategic depth to battles. Fielding multiple units of the same class significantly boosts combat prowess, simplifying the mechanics of attacks and defenses.

Improved NFT Coupling: NFT integration remains a focal point, allowing players to experiment with various class and affinity combinations to devise winning strategies based on their NFT holdings.

Dynamic Aspect Ratio Handling: The game now seamlessly adapts to varying aspect ratios, ensuring smoother and clearer gameplay experiences.

These updates aim to elevate the realism, strategic depth, and overall excitement of battles in Eternal Dragons. Additionally, the game has undergone changes to make individual sessions more manageable and engaging, with improvements in login processes, battle mechanics, unit pricing, and leaderboards.

Eternal Dragons, hosted on the Solana blockchain, offers players the opportunity to earn Eternium and unique Dragon NFTs as they navigate its expansive world. Developed by industry veterans with experience at EA, King, and Microsoft, the game features three distinct genres: city-building, auto-chess battling, and 4X. Thanks to blockchain technology, Eternal Dragons NFTs can be used across all these game modes.

Mocaverse Raises $20M to Boost Decentralized Identity Solutions in Animoca Brands Ecosystem

Mocaverse, a flagship product of Animoca Brands Corporation Limited, has successfully raised $20 million in a fundraising round led by CMCC Global, a prominent venture capital firm specializing in blockchain and Web3 investments. Other notable investors include Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and Yat Siu, executive chairman of Animoca Brands.

This funding will be instrumental in advancing the Mocaverse project, which plays a pivotal role in the broader Animoca Brands web3 ecosystem. Mocaverse aims to provide users with a decentralized identity solution, allowing them to participate actively in Web3 and the blockchain ecosystem, enhancing shared network effects. The project includes the issuance of Moca ID, a set of non-fungible tokens (NFTs), enabling users to create unique blockchain credentials and earn loyalty points within the Mocaverse platform.

The funds raised will support the development of Mocaverse products, the expansion of partnerships, and the growth of Animoca Brands’ extensive portfolio of over 450 investments in Web3 companies and projects. These investments and partnerships are integral to seeding the Mocaverse ecosystem, offering users opportunities to build online identities, earn rewards, and engage with the platform’s offerings.

CMCC Global’s involvement in the funding round adds credibility to the project, given its track record of early investments in successful blockchain projects like Ethereum, Solana, and Cosmos. Animoca Brands, a leader in digital entertainment, blockchain technology, and gamification, is committed to advancing the open metaverse and protecting digital property rights. The company has a strong track record of creating games based on licensed properties from brands like Disney, WWE, Snoop Dogg, and more.

In summary, the successful fundraising for Mocaverse, supported by Animoca Brands and led by CMCC Global, will fuel the expansion of this essential component of the web3 gaming ecosystem. As Animoca Brands continues to invest in and promote web3 culture and entertainment, Mocaverse is poised to play a vital role in shaping the future of Web3 and decentralized identity solutions.

Unveiling the Metaverse 2023-2024: From Sci-Fi Dream to Digital Reality, Reshaping Gaming, Economy, and Human Interaction

Navigating the Metaverse – A Journey into the Digital Future.

The metaverse, once a concept confined to science fiction, has emerged as a transformative digital frontier. This comprehensive article explores the metaverse’s profound dimensions, from its visionary inception to its integration with gaming and beyond.

Understanding the Metaverse: A Visionary Leap into a New Digital Universe:

The metaverse embodies a boundless digital realm where conventional online barriers dissolve, driven by VR and AR headsets. It envisions a universe where users traverse a dimension unbound by physical constraints, blurring the lines between reality and the virtual.

Ownership and Origin of the Metaverse:

Unlike previous iterations of the internet, the metaverse is shaped by its users and user-generated content. Early projects like Roblox exemplify the transformative potential of user-driven creativity in this digital landscape.

Accessing the Metaverse: The Essentials:

To enter the metaverse, a robust internet connection, internet-connected device, virtual reality headset, and digital currency are prerequisites, enabling users to immerse themselves fully in 3D metaverse environments.

Exploring the Vastness of the Metaverse:

Within the metaverse, users engage in 3D virtual worlds, constructing experiences, landscapes, and objects. These virtual domains can even host their economies and currencies, mirroring real-world financial systems.

Why the Metaverse Matters:

The metaverse’s emergence is tied to Web3, a decentralized internet iteration. Powered by AI and 3D tech, it creates a sense of physical presence in the digital realm—a manifestation of the “Internet of Place.”

Origins of the Metaverse:

Neal Stephenson’s 1992 novel “Snow Crash” coined the term “metaverse,” envisioning a dystopian world where the affluent escaped into a 3D interconnected reality—a precursor to today’s metaverse.

Corporate Ventures in the Metaverse:

Major corporations like Adidas, Atari, and Gucci are recognizing the metaverse’s potential, investing in virtual land and immersive experiences to promote their products and services.

Key Players Shaping the Metaverse:

Prominent entities like Meta Platforms, Microsoft, and Nvidia are at the forefront of sculpting the metaverse’s trajectory, defining its future direction.

Envisioning the Metaverse’s Future:

By 2030, we may see a shift where more time is spent in the metaverse than in the physical world, with job applications, social gatherings, and even weddings taking place within this digital realm.

Opportunities for Earnings:

Economic prospects within the metaverse are diverse, with NFT trading, gaming rewards, and emerging job opportunities presenting avenues for income.

Accessibility and Cost Considerations:

While the metaverse is not entirely free, it remains accessible without prohibitive costs, with hardware and connectivity factors to consider.

Challenges and Concerns:

The metaverse introduces challenges, including simulator sickness, privacy concerns, and addiction risks, demanding careful consideration.

Real-World Applications:

Beyond entertainment, the metaverse demonstrates potential in healthcare, where 3D clinical applications enhance the patient experience.

Gaming in the Metaverse:

Gaming is central to the metaverse, offering immersive environments blending virtual reality, cryptocurrencies, and social media.

Not Just for Gamers:

Metaverses extend beyond gaming to encompass shopping, socializing, and collaborative endeavors, emphasizing their social aspect.

Devices and Participation:

Accessing the metaverse varies by platform, from computers and smartphones to augmented reality glasses and VR headsets.

Investing in the Metaverse:

Investment opportunities abound in blockchain-powered virtual worlds, allowing users to trade digital assets like virtual land and avatar items.

Prominent Metaverse Coins:

Cryptocurrencies like Decentraland (MANA), The Sandbox (SAND), and ApeCoin (APE) facilitate transactions within virtual spaces, gaining prominence in the digital economy.

The Metaverse’s Influence on Gaming:

The metaverse’s impact on gaming is evident as games evolve to offer more immersive experiences, becoming integral to the broader metaverse ecosystem.

Metaverse Platforms:

Roblox, with over 56 million daily users, exemplifies a metaverse platform shaping the landscape with its diverse product offerings and virtual items.

Conclusion:

The metaverse transcends buzzword status, emerging as a transformative digital frontier redefining human interactions, work, and entertainment. As the metaverse market grows, it blurs the boundaries between the physical and digital realms, challenging our understanding of reality and offering a glimpse into the future of digital existence.

Play To Earn Games: Where Gaming Meets Real-World Rewards, Financial Empowerment, and Blockchain Innovation in 2023-2024

Exploring Play-to-Earn Games: Where Gaming and Finance Converge. In the digital age, the world of gaming has witnessed a seismic shift with the advent of Play-to-Earn (P2E) games. These innovative video games bridge the gap between virtual entertainment and real-world rewards, fundamentally altering the traditional gaming landscape. In this comprehensive exploration, we delve into the multifaceted realm of P2E games, examining their mechanics, rewards, challenges, and the exciting future they represent.

Understanding Play-to-Earn Games:

At its core, a P2E game is defined by its ability to empower players to earn tangible assets and rewards by actively participating in gameplay. Unlike traditional games, where in-game items remain locked within walled-off ecosystems controlled by game developers, P2E games leverage blockchain technology and Non-Fungible Tokens (NFTs) to grant players true ownership of digital assets. These assets can range from characters, skins, and weapons to cryptocurrency tokens and rare collectibles, all of which can hold real-world value.

Earning Real-World Rewards:

One of the primary drivers behind the surge in P2E game popularity is the prospect of earning real-world rewards. Players can accrue cryptocurrencies, NFTs, and other digital assets as they progress through the game, complete quests, and engage in battles. While these rewards have the potential to supplement income or provide financial empowerment, it’s essential to manage expectations, as earnings are often proportional to the time and effort invested.

The Popularity and Attraction of P2E Games:

P2E games have experienced unprecedented growth and popularity, attracting both dedicated gamers and newcomers to the world of gaming. Several key factors contribute to their allure:

Ownership of Valuable In-Game Assets: The concept of true ownership resonates deeply with players, who can buy, sell, and trade their in-game assets, breathing life into the phrase “play to earn.”

Accessibility and Inclusivity: P2E games are designed to be inclusive, accessible to players worldwide, regardless of their geographic location or financial status. This inclusivity fosters diverse and vibrant gaming communities.

Financial Empowerment: P2E games offer players a path to financial empowerment, enabling them to monetize their gaming skills and dedication.

Community and Social Interaction: These games foster tight-knit communities of players who share experiences, strategies, and a sense of belonging.

Innovation and Immersion: P2E games introduce groundbreaking gameplay mechanics and virtual worlds that captivate players, combining gaming with blockchain technology and cryptocurrency elements.

Challenges and Considerations in the P2E Landscape:

While P2E games hold tremendous promise, it’s crucial to acknowledge the potential challenges and considerations:

Balancing Earnings and Enjoyment: There’s a risk of prioritizing earnings over the enjoyment of the game, potentially leading to a less enjoyable gaming experience.

Cryptocurrency Volatility: The value of in-game assets and rewards can fluctuate dramatically with cryptocurrency markets, posing both opportunities and risks.

Scams and Security: The nascent nature of blockchain gaming has given rise to scams and fraudulent schemes, necessitating vigilance and caution among players.

Time Commitment: Earning significant rewards may require a substantial time commitment, impacting work-life balance.

Regulatory Uncertainty: The regulatory landscape for P2E games remains uncertain in many regions, raising legal and compliance considerations.

Developers and Revenue Streams:

Behind the scenes, developers sustain P2E games through diverse revenue streams, including in-app purchases, transaction fees in marketplaces, smart contract fees, NFT minting and sales, token economics, licensing, partnerships, crowdsales, and initial offerings. These income sources enable developers to create and maintain immersive virtual worlds, driving innovation and growth within the P2E ecosystem.

Strategies for Success:

To embark on a successful P2E journey, players should follow a series of steps:

Choose the Right Game: Research and select a P2E game that aligns with your interests and goals.

Create an Account: Establish a digital wallet that can hold cryptocurrencies and NFTs, providing a foundation for in-game transactions.

Invest in In-Game Assets: Start by investing in essential in-game assets, considering your budget and risk tolerance.

Learn the Game Mechanics: Understanding the game’s mechanics is essential for success, so take the time to master them.

Build a Winning Strategy: Develop a strategy that maximizes your in-game earnings and effectiveness.

Participate Actively: Engage in battles, complete quests, and contribute to the in-game economy to optimize your earnings.

Explore Marketplace Opportunities: Monitor virtual marketplaces for asset acquisition and sales, aligning with market trends.

Join a Community: Engage with other players to gain insights, share experiences, and benefit from a supportive community.

Diversify Your Portfolio: Mitigate risk by diversifying your in-game assets across different P2E games.

Stay Informed: Keep abreast of game updates, events, and opportunities to maximize your earning potential.

The Future of Play-to-Earn Games:

As P2E games continue to evolve and expand, they hold the promise of reshaping the gaming and finance landscape. They empower players to take an active role in virtual economies, redefine the boundaries between gaming and finance, and explore new horizons in entertainment and investment.

In this groundbreaking intersection of gaming and finance, P2E games represent a dynamic and thrilling space for exploration, innovation, and potential financial empowerment.

PlaytoEarnGames.com Newsletter 13

Throughout the past week, several significant developments in the world of Web3 gaming have taken place, including updates from major players like Google, Gala Games, and various Web3 game titles. These updates shed light on the growing impact of NFTs, the expansion of Web3 technologies, internal strife within the industry, innovative in-game economies, and new gaming modes.

Google on NFT Ads:
Google made a substantial change to its advertising policies by allowing blockchain video games that incorporate Non-Fungible Tokens (NFTs) to be advertised. This change, effective as of September 15, represents a significant step in endorsing the NFT gaming industry. NFT game developers can now market their creations globally, potentially reaching a broader audience. However, Google’s revised policy restricts ads for crypto games involving gambling or token rewards, as well as games enabling players to stake or lock up cryptocurrencies or NFTs for long-term benefits. This move reflects Google’s commitment to distinguishing between NFT games that enhance gameplay and those that introduce NFTs into gambling mechanics. It also emphasizes the importance of responsible gaming within the crypto gaming sector.

Saudi Arabia Exploring Web3:
Saudi Arabia is actively positioning itself as a leader in Web3 technologies, aligning with its ambitious Vision 2030 plan, aimed at reducing oil dependency and diversifying the economy. The kingdom is embracing Web3 technologies, including blockchain and AI, as part of its strategy. Furthermore, Saudi Arabia aims to establish itself as a global gaming hub, with significant investments from its Public Investment Fund. However, challenges remain in integrating Web3 technologies, such as cryptocurrencies and virtual assets, due to regulatory uncertainties. Nevertheless, Saudi Arabia’s commitment to Web3 suggests the potential for significant growth in this sector.

Gala Games Internal Legal Battle:
Gala Games, a prominent Web3 gaming ecosystem, is embroiled in an internal legal dispute that is causing ripples in the industry. CEO Eric Shiermeyer and co-founder Wright Thurston are taking legal action against each other. Shiermeyer alleges that Thurston and True North United Investments were involved in a $130 million GALA token theft in early 2021. This alleged theft involved complex token transfers. Thurston, in turn, is accused of stealing Gala ecosystem node licenses and selling them. These legal battles have created instability within Gala Games and eroded investor confidence in the Web3 gaming sector.

Heroes of Mavia In-Game Economy:
Heroes of Mavia has introduced its “Mass Ownership Model,” a departure from traditional “play-to-earn” games. Instead of offering cryptocurrencies as rewards, the game provides in-game tokens that players can use to create and sell NFTs within the game. This approach addresses the challenge of extracting value from a game’s economy by allowing players to manage in-game items that can be converted into NFTs. Moreover, it bucks the trend of integrating external cryptocurrencies into Web3 games.

Guild of Guardians Future Plans:
Guild of Guardians recently outlined its future plans, focusing on the game’s economy, transitioning Web2 players into the game, and enhancing Guardian NFTs within their ecosystem. The game developers have made Web3 functionality optional to attract a wider player base and have partnered with Immutable X to introduce the Immutable Passport. This aligns with the broader trend in Web3 gaming to appeal to Web2 players. The game’s economy will revolve around dungeon exploration and crafting, encouraging cooperative gameplay and upgrades.

Gods Unchained New Game Mode:
Gods Unchained is set to introduce Sealed Mode on September 14, catering to trading card game (TCG) enthusiasts. Sealed Mode requires players to build competitive decks with limited and semi-random resources, a format familiar to TCG fans. Unlike previous temporary game modes, Sealed Mode will become a permanent addition to Gods Unchained, potentially reinvigorating interest in the game.

These updates collectively demonstrate the dynamic nature of the Web3 gaming landscape, with advancements, legal challenges, and innovative features shaping the industry’s trajectory.

Crypto-Powered Revolution: Saudi Arabia’s Web3 Gaming Renaissance and Vision 2030

Saudi Arabia is undergoing a remarkable transformation driven by the convergence of Web3 technologies and its forward-thinking Vision 2030 initiative, aimed at diversifying the nation’s economy beyond oil dependency. To achieve this, the country is actively embracing emerging technologies, particularly focusing on Web3 innovations such as blockchain and artificial intelligence (AI), as well as venturing into the gaming industry to foster economic growth and global influence.

Vision 2030 and Web3 Interest:

Saudi Arabia’s Vision 2030 is a comprehensive plan designed to diversify the economy and reduce dependence on oil.
The nation is embracing Web3 technologies due to its young and tech-savvy population, coupled with a strong gaming culture.
The Boston Consulting Group reports that Saudi Arabia contributes 45% of the Middle East’s gaming industry, valued at over $1.8 billion, highlighting its potential as a gaming powerhouse.
In 2017, the Saudi E-sports Federation was established to regulate and grow the gaming industry.
Saudi Arabia’s Investments in Web3 Gaming:

The Public Investment Fund of Saudi Arabia committed a substantial $38 billion to the gaming sector, signaling its intent to become a global gaming hub.
However, challenges remain, including the absence of clear regulations governing cryptocurrencies and virtual assets, hindering the integration of Web3 technologies.
Learning and Collaboration:

Saudi Arabia actively seeks expertise from other areas to learn about best practices and strategies for Web3 adoption.
Industry leaders, such as Yat Siu of Animoca Brands and John Linden of Mythical Games, acknowledge the gradual adoption of Web3 within the gaming sector.
The Path to Web3 Mass Adoption:

Transitioning from Web2 to Web3 involves more than providing digital wallets; it requires financial literacy and an understanding of digital assets.
Users must comprehend the value and utility of their digital assets and participate in network effects to maximize their worth.
The Future of Web3 Gaming in Saudi Arabia:

The Web3 gaming sector holds great promise, with Saudi Arabia expected to play a significant role in its evolution.
John Linden predicts that the Web3 gaming segment could onboard 50 to 100 million players in the next two years.
Mythical Games aims to reach 10 million players for its titles by the end of 2023.
Clear regulations for cryptocurrencies and virtual assets are crucial for fostering innovation and growth within the Web3 gaming landscape in Saudi Arabia.

Top Blockchain Games August 2023 And Their Impact On The Gaming Industry

In August 2023, the blockchain gaming world witnessed various ups and downs, with DappRadar’s analysis shedding light on the industry’s top performers. Despite Alien Worlds’ previous top-ranking status, it experienced a decline in popularity, possibly attributed to efforts to combat bots.

Splinterlands, on the other hand, surged in daily usage, securing the second spot and surpassing Farmers World. This collectible trading card fight game has continued to attract users, with over 250,000 daily players and 5 million fights hosted daily, demonstrating its resilience amid crypto market volatility.

Nine Chronicles and Untitled Platformer, both powered by the SKALE L2 blockchain, boasted over 30,000 daily active users, reflecting optimism among blockchain games with substantial user bases. Nine Chronicles, an MMORPG with a unique twist, has garnered attention for its innovative gameplay.

Axie Infinity, known for its player-driven economy and engaging gameplay, saw an increase in daily active user sessions. However, the performance of its native coin, AXS, was less favorable, experiencing a price drop and reduced trade volume.

Upland, a real estate mogul game based on NFTs, maintained a stable user base of over 20,000. The game’s concept of linking digital properties to real-world locations has proven lucrative, with players earning over $10 million USD.

Additionally, two mobile apps that reward users for walking, Sweatcoin and Superwalk, entered the blockchain gaming scene. Sweatcoin, operating on Ethereum and NEAR, displayed volatile usage patterns, while Superwalk, built on the Klatyn blockchain, initially gained over 50,000 daily active users but has seen a decline since its launch.

In conclusion, DappRadar’s statistics for August 2023 revealed a mixed landscape for blockchain games. Alien Worlds faced challenges, Splinterlands flourished, and emerging games like Superwalk showed promise. Despite market fluctuations and varying player experiences, the blockchain gaming industry continues to evolve and capture the imagination of gamers, collectors, artists, and investors alike.

The Lessons From Hasbro Scandal And Navigating the Intersection of Gaming, Profit, and Community

In early 2023, Hasbro, the renowned toy and game company, found itself embroiled in a scandal that led Bank of America to maintain an “Underperform” rating for the company. The core issue was Hasbro’s Wizards division, responsible for iconic brands like Magic: The Gathering and Dungeons & Dragons, seemingly prioritizing profit over customer satisfaction. Bank of America’s warning highlighted the risk of eroding customer goodwill when profit-maximization becomes the primary focus for a company.

This incident underscores a broader question about how well-established brands may sometimes take their loyal customer base for granted in their pursuit of financial gains. It also sheds light on the challenges and solutions within the emerging Web3 gaming landscape, where players are active participants, co-creators, and, at times, co-owners of the gaming experience.

Hasbro’s missteps offer a cautionary tale, illustrating the detrimental consequences of prioritizing revenue over customer loyalty. Notably, the gaming community expressed outrage when Hasbro attempted to alter a long-standing licensing agreement for Dungeons & Dragons, seemingly motivated by potential profits from an upcoming movie adaptation. This move risked alienating the passionate fanbase that had sustained the franchise for years.

Hasbro’s apparent failure to recognize that certain franchises, such as Dungeons & Dragons, belong not just to the company but to the broader community, led to backlash. The open licensing agreement that allowed fans to create and sell their own content had nurtured a thriving ecosystem around D&D. Attempting to modify this arrangement without considering the community’s interests triggered a boycott call for the movie, ultimately compelling Hasbro to reconsider its proposed changes.

Furthermore, the Hasbro incident highlights the growing importance of tokenized storytelling in the gaming industry. Tokenized storytelling represents a paradigm shift in content creation and ownership. It involves the creation of decentralized content franchises jointly owned by creators and customers, often facilitated by blockchain-based tokens.

Tokenized storytelling diverges from centralized ownership and distribution models, empowering creators and their communities. In this model, content creators are active participants in a decentralized, collaborative ecosystem, aligning with the principles of Web3 gaming, which prioritize decentralization, transparency, and community engagement. This shift benefits both creators and patrons, fostering a mutually beneficial relationship.

The rise of Web3 gaming signifies a broader trend, as illustrated by the Hasbro debacle. This sector is experiencing rapid growth, projected to increase from $4.6 billion in 2022 to $65.7 billion in 2027. In contrast to traditional Web2 games, where players primarily act as customers of centralized publishers, Web3 gaming emphasizes decentralization, community-driven development, and open-source technology.

In Web3 gaming, players transition from passive consumers to co-owners, actively participating in shaping the game’s direction, content creation, and revenue generation. This shift in power dynamics fosters innovation and redefines the gaming industry. Games like Alien Worlds and Illuvium exemplify this transformation, with Alien Worlds being the most-played blockchain metaverse globally, emphasizing decentralization, and Illuvium offering players unprecedented levels of choice within a blockchain-based, open-world 3D game. These examples underscore the seismic shift occurring within the gaming industry as it embraces the principles of Web3 gaming and tokenized storytelling.

The Rise and Beast-Fall of eFuse Creator League: Blockchain Controversy

Last week, eFuse, an esports technology company, announced the launch of its “Creator League,” featuring popular content creators like Bella Poarch, iShowSpeed, and Clix. The initiative garnered significant attention, thanks in part to a promotional push utilizing MrBeast’s massive YouTube subscriber base. However, the project faced immediate controversy due to its use of blockchain technology, leading eFuse to temporarily suspend the league.

Before the league’s suspension, eFuse had been in the spotlight for a different reason – the company reportedly laid off around 30% of its staff. While eFuse did not disclose specific figures, they released a statement acknowledging the layoffs as part of a restructuring effort. Despite these challenges, eFuse expressed continued enthusiasm for the Creator League concept and pledged to take community feedback into account while refining the format.

The Creator League introduced “Community Passes,” which fans could purchase for $20 each. These passes were associated with various gamers and social media influencers who oversaw teams within the esports league. Passholders gained access to a private Discord server, allowing them to engage in league-related polls and tournaments.

However, concerns emerged within the esports community regarding the league’s use of blockchain technology. eFuse stated that it was using the Near blockchain to “validate data and log information” related to the Community Passes. They clarified that these passes were not NFTs (non-fungible tokens).

The controversy intensified when one of the YouTube creators featured in the Creator League, Connor “CDawgVA” Colquhoun, announced his intention to withdraw from the project due to a lack of understanding about the technology involved. Additionally, Bryce “Brycent” Johnson, a crypto gaming broadcaster, expressed uncertainty about whether other influencers associated with the league were aware of its blockchain ties. Responses from other parties involved, such as OTK and TipsOut, were mixed, with some claiming they were unaware of any NFT or crypto elements in the league.

Despite the use of blockchain technology to record Community Passes, eFuse did not explicitly communicate this fact to customers on its sales website or blog entries. However, they have stated that they will honor refund requests submitted by fans via email. When questioned about their business relationship with Near, an eFuse spokesperson revealed an “18-month relationship” with the blockchain platform, which had provided a cash grant to support eFuse’s tech development.

The Near Foundation, which provided the grant, did not immediately respond to media inquiries. However, a transparency report from September 2022 confirmed that eFuse had received an undisclosed amount as part of the foundation’s “Ecosystem” funding efforts.

Notably, eFuse has faced previous controversies, including the resignation of its Chief Strategy Officer, Patrick Klein, due to sexual harassment claims stemming from his time at Ohio State University. A university inquiry in 2020 found that Klein had violated the school’s sexual harassment standards in his interactions with multiple student-athletes via text and social media.

Verse8, Immortal Rising 2, and Planetarium Labs, An In-Depth Exploration of Elevating Game Development

Planetarium Labs made a groundbreaking debut at Korean Blockchain Week by unveiling two revolutionary role-playing games, Verse8 and Immortal Rising 2. These games are poised to redefine game development and player experiences. Verse8, created with the guidance of Jake Song, the CEO of XLGames and the mind behind the Lineage series, stands out as an open-source decentralized roguelike RPG protocol, emphasizing decentralization and open content creation. It fosters a thriving multiplayer world where players become creators, shaping their virtual realms.

Verse8’s unique multiverse concept allows players not only to explore but also to construct their virtual worlds, offering powerful tools for content creation and monetization. Community hubs facilitate collaboration among creators and enhance engagement. Immortal Rising 2, a sequel to the highly successful Immortal Rising 1, retains its fast-paced gameplay and introduces innovative Web3 elements, ensuring a stable in-game economy and dynamic guild warfare.

Planetarium Labs, known for its success with Nine Chronicles, a fully on-chain idle RPG game, seeks to revolutionize the gaming industry by incorporating blockchain technology and reducing centralization. Their choice of Libplanet blockchain technology underscores their commitment to this vision. Alan Lau, Chief Business Officer of Animoca Brands, the parent company of Planetarium Labs, anticipates the impact of Web3 gaming, highlighting Immortal Rising 2 as a testament to their passion, creativity, and teamwork in shaping the future of blockchain gaming. This move signifies the potential for Web3 gaming to transform the industry.

Google Updated Advertising Policies: Impact on NFT and Crypto Games, Guidelines, and FAQs

Google has made significant changes to its advertising policies, opening up opportunities for NFT (Non-Fungible Token) games while imposing strict guidelines for certain crypto games. These changes, effective from September 15th, allow marketers to promote blockchain games that use NFTs, creating new possibilities for the NFT gaming industry. However, Google has introduced limitations, prohibiting crypto games involving betting or staking NFTs in exchange for real-world value. Games deemed to involve gambling will face additional regulations and may require gambling licenses.

This update represents a pivotal moment for NFT game developers, as they can now globally advertise their games on Google’s platform, potentially reaching a larger audience and gaining a competitive edge. Google is striving to strike a balance between supporting innovation in blockchain gaming and protecting users from potential harm. These changes align with Google’s ongoing efforts to cautiously approach cryptocurrency-related advertisements, reflecting its commitment to consumer safety.

The gaming community and NFT enthusiasts welcome these policy modifications, as they offer new monetization and marketing avenues for NFT games, potentially boosting the productivity of the industry and allowing developers to capitalize on their investments in NFT projects. This shift is expected to bring fresh players into the gaming market, further expanding the reach and influence of NFT games in the digital realm.

TOKYO BEAST FZCO Vision: Revolutionizing Crypto Entertainment Through TOKYO BEAST

TOKYO BEAST is a groundbreaking crypto entertainment project aiming to revolutionize web3 gaming with innovative features. Spearheaded by TOKYO BEAST FZCO, with its headquarters in Shinjuku, Tokyo, and led by CEO Hiroyuki Kawamoto (known as “gumi”), and technology and financial advisory from Turingum K.K., under CEO Hiroki Tahara (referred to as “Turingum”), the project is set to leverage the Polygon blockchain network for global expansion in 2024.

This ambitious initiative, unveiled during Korea Blockchain Week on September 4, 2023, introduces TOKYO BEAST as a decentralized entertainment platform that encourages users to explore the entertainment industry using cryptocurrency. With an unmatched development budget, TOKYO BEAST aspires to elevate Web3 gaming with the expertise of a team renowned for their success in Japanese gaming.

Key Features of TOKYO BEAST:

Prioritizing User Experience: The project focuses on delivering an enjoyable gaming experience, even for players unfamiliar with Web3 capabilities. It offers engaging settings, intriguing characters, and a fun combat system, making it accessible to a broad audience without the need for initial NFT purchases or wallet connections.

Play and Collect Characters: TOKYO BEAST introduces a diverse cast of playable and collectible characters, designed with high aesthetic appeal and uniqueness, aiming to attract a global audience.

Crypto Industry Integration: Unlike other Web3 games, TOKYO BEAST encourages players to merge in-game experiences with real-world crypto knowledge, fostering a unified perspective among all players.

Predictive Battles: An innovative win-loss prediction tool enhances gameplay by allowing users to forecast battle outcomes with data-driven accuracy. Real-time broadcasts of battles enable global audiences to share the excitement.

Expanding Universe: Future module projects will interconnect, creating a dynamic fusion of crypto and traditional media within the TOKYO BEAST universe. The team plans to evolve both the game’s universe and the practical applications of the TBZ coin.

In 2024, the project will release core module projects in stages, including BASE, FARM, and TRIALS, offering users opportunities to learn about the TBZ token, NFT ownership, and unique entertainment experiences.

To celebrate the project’s announcement, TOKYO BEAST’s official X account will run three early entry campaigns. Participants can win Mystery Boxes containing TOKYO BEAST tokens and NFTs through the Follow Me Campaign, the weekly prediction quiz, and the Strike Jackpot campaign, which offers chances to win prizes as the community grows.

TOKYO BEAST aims to redefine crypto entertainment by combining cutting-edge technology with a user-centric approach, promising an exciting future for web3 gaming enthusiasts worldwide.

Chris Clay Discusses Immutable’s Influence on Web3 Gaming: Digital Ownership, Accessibility, and NFTs

In this insightful article, Chris Clay, the Vice President and Game Director of Gods Unchained, shares his perspective on the transformative trends in the Web3 gaming industry, with a particular emphasis on the role played by Immutable, a pioneering player in this space.

Evolution of Web3 Gaming: The article begins by highlighting the evolution of Web3 gaming, pointing out that early Web3 games suffered from subpar graphics, complex investment requirements, and tedious gameplay. Additionally, many of these early games were plagued by speculative elements tied to cryptocurrencies, which ultimately led to unsatisfactory player experiences.

Prioritizing Fun and Digital Ownership: In recent times, there has been a fundamental shift in the game development approach. Developers now prioritize the core aspect of gaming – the fun element – and digital ownership of in-game assets. The article underscores the significance of this shift, as it not only enhances the player’s experience but also introduces a novel dual monetization system benefiting both game creators and players.

Democratizing Gaming with Web3: Chris Clay emphasizes that Web3 technology is gaining popularity because it makes gaming more open and accessible. Game developers are increasingly embracing this user-centric approach, moving away from jargon-filled blockchain and crypto discussions to focus on delivering enjoyable experiences without requiring players to understand the underlying technology. This shift aims to make Web3 gaming as accessible and user-friendly as traditional Web2 games, addressing issues such as transaction speed and security.

Immutable’s Solutions for Accessibility: The article delves into Immutable’s role in enhancing accessibility within Web3 gaming. Immutable offers two promising solutions: Immutable Passport and Immutable zkEVM. Immutable Passport streamlines user onboarding by enabling password-free sign-ins and automatic wallet creation, enhancing both security and community building for developers. Immutable zkEVM, on the other hand, leverages zero-knowledge proof-based cryptography, often dubbed the “Holy Grail of Ethereum scaling,” to provide a platform that integrates seamlessly with the Ethereum Virtual Machine, empowering developers to create cost-effective, fast, and secure Web3 gaming ecosystems.

Immutable’s Vision: Immutable’s ultimate goal, as highlighted in the article, is to make players feel like they are engaging in a “game” rather than just a “web3 game.” They aim to augment existing games by incorporating decentralized elements that elevate the overall gaming experience, offering new opportunities and enriching already successful games.

Immutable’s Impact: The article underscores Immutable’s significant role in the Web3 gaming industry, emphasizing its commitment to innovation and immersive experiences. Immutable offers gamers true digital ownership through NFTs, leveraging blockchain technology. Immutable Games focuses on assisting developers, actively supporting and collaborating with third-party game developers across various aspects of Web3 strategy, from NFTs to blockchain integration and community building. The article also mentions that Immutable hosts over 150 Web3 gaming titles, including renowned titles such as Illuvium, Cross the Ages, Gods Unchained, Undead Blocks, Aglet, Kiraverse, and many more.

In summary, this article provides valuable insights into the evolving landscape of Web3 gaming, the vital role of digital ownership, and the strides Immutable is making to improve accessibility and user experiences. It paints a clear picture of how Web3 technology is reshaping the gaming industry and how Immutable is at the forefront of these transformative changes.

MetaCene: A Rare Fusion of GameFi Excellence and Entertainment Crafted by the Legendary Tan Qunzhao

MetaCene has emerged as a prominent player in the crypto gaming community, offering a unique player-centric gaming experience through the integration of blockchain technology in the rapidly evolving world of GameFi. In an era where profitability has often overshadowed the core essence of gaming—enjoyment—MetaCene aims to strike a balance by providing both entertainment and profit opportunities.

Developed over nearly two years by a distinguished team of developers led by Tan Qunzhao, MetaCene has been making waves since its launch in August 2023. The game stands out as a free-to-play experience that sometimes feels like it’s giving away free cash. Its profit model hinges on taking a share of crypto transactions between players, with plans to secure $8 million in alternative funding sources, possibly involving venture capitalists, and the backing of Sinovation Ventures by Kai-Fu Lee.

The journey of MetaCene began with the completion of its First Playable Prototype in July 2022, sparking excitement among players and developers. It served as a pivotal moment, offering a glimpse into what the game could become. Subsequently, a demo version was finished in September 2022, accompanied by teaser trailers and the launch of the game’s official website, version 1.0, which allowed players to delve deeper into the project.

MetaCene’s commitment to player engagement and community building was evident through invite-only demo testing in November 2022, seeking insights from select players. Embracing both Web2 and Web3 social promotion, MetaCene aimed to instill trust and empowerment in players while aligning with the trend of players seeking greater agency in their gaming experiences.

In the first quarter of 2023, MetaCene expanded its gameplay and map, promising a more immersive environment. This expansion introduced software development kits (SDKs) that streamlined access to the game, including a marketplace for in-game asset trading and sales.

The launch of Alpha testing V.1 in the second quarter of 2023 marked a significant milestone, allowing players to experience the game’s mechanics and features more comprehensively. What sets MetaCene apart is its integration of non-fungible tokens (NFTs), notably the “MetaCene Apostle NFT collection.”

MetaCene’s innovative approach extends to player co-governance and autonomy. Players can create their own Decentralized Autonomous Organizations (DAOs) and guilds, giving them a genuine say in managing aspects of the game world. This introduces dynamic economic elements through self-governance policies and empowers players in shaping the MetaCene universe.

Looking ahead, MetaCene plans to conduct Alpha testing V.2 and launch its mainnet blockchain in the third quarter of 2023. These developments reflect the game’s ongoing progress and its commitment to delivering a player-centric, blockchain-powered gaming experience. Success will depend on MetaCene’s ability to navigate the challenges of the gaming industry while staying true to its vision.

Blankos Block Party Goes Mobile: Mythical Games Strategic Shift and Impact on the Gaming Industry

Mythical Games has made a groundbreaking announcement, revealing plans to bring their multiplayer sensation, Blankos Block Party, to mobile devices, including Android and iOS. The official release plan is yet to be unveiled, but Mythical Games’ CEO and co-founder, Jamie Jackson, has provided some insights into this strategic move. The decision to expand to mobile gaming is seen as a potential game-changer, aiming to attract a broader audience and maintain player engagement through exciting updates.

Blankos Block Party, originally released on PC, experienced early success, becoming the first blockchain game to reach one million players. It gained recognition from major brands and regulators like Prime Gaming, ESRB, PEGI, Burberry, Godzilla (Toho), Pop-Tarts, and Deadmau5, making it a pioneer in incorporating blockchain technology into gaming.

Mythical Games is shifting its development focus from PC to Blankos Mobile, aligning with the global trend of mobile gaming’s popularity, which boasts over 2.4 billion players worldwide. The intention is to bridge the existing PC user base to mobile, offering a seamless gaming experience with the same Blankos account usable on both platforms.

This move also brings a wave of exciting new features, including collaborations, multiplayer options with friends, and enhanced customization for Blankos characters. The game’s mission of discovery, production, and collection remains central, allowing players to explore user-created content and enjoy various game modes.

The mobile version of Blankos Block Party promises to introduce features like a battle royale mode and crafting systems, capitalizing on the mobile gaming industry’s growth. While this transition presents challenges, including the need for careful attention to detail and infrastructure improvements, it signifies a significant investment for Mythical Games, ensuring their continued prominence in the gaming world. Ultimately, it aims to deliver an immersive and captivating mobile gaming experience like never before.

Planet Mojo Marketplace: NFT Trading in Mojo Melee, Amazon Prime Collaborations, Future of Mystic Moose

Mystic Moose, a prominent video game developer, has launched the “Planet Mojo Marketplace” powered by the Polygon blockchain, aiming to create a centralized hub for Mojo Melee players. This update promises faster service and lower transaction costs for players in the Mojo Melee virtual world, just in time for holiday-themed events and trades between Champions and Mojos.

The Planet Mojo Marketplace enables players to trade Mojo Melee NFTs on the Polygon blockchain, offering a seamless experience with support for Sequence Wallet, Horizon Blockchain Game’s infrastructure, quick credit card transactions, and multi-chain compatibility within the EVM ecosystem. This release coincides with the Fall Faceoff competition, where top players have the chance to win rare NFTs, gem packs, and other rewards.

Additionally, Mystic Moose’s collaboration with Amazon Prime Gaming intensifies, with Amazon showing its commitment to Web3 technology and blockchain-based games. Amazon’s involvement with NFT projects, including its own upcoming NFT initiative, reflects the company’s dedication to interactive storytelling and empowering players.

Mojo Melee, an auto-battler game similar to Auto Chess and Teamfight Tactics, offers Amazon Prime members a free NFT and in-game currency, further strengthening the partnership between Mystic Moose and Amazon Prime. Players can claim exclusive rewards until September 27.

Mystic Moose, composed of industry veterans with backgrounds in major gaming companies, is dedicated to developing the Planet Mojo metaverse platform, offering esports and PvP competitions set on an otherworldly planet. Players can create teams of mythical animals to compete, emphasizing player control over virtual possessions and the game’s evolution.

In summary, Mystic Moose’s Planet Mojo Marketplace enhances the player experience with NFT trading, while ongoing collaborations with Amazon Prime Gaming provide exclusive benefits to players. Mystic Moose remains at the forefront of the evolving game industry, focusing on immersive and player-centric experiences.

High-Stakes Legal Battle Shakes Gala Games: Accusations of $130 Million Theft Rock Blockchain Gaming Giant

Gala Games, the prominent blockchain and web3 gaming ecosystem, is currently embroiled in a significant internal dispute that has sent shockwaves throughout the industry. The conflict involves top management, including CEO Eric Shiermeyer and co-founder Wright Thurston, who are facing accusations of misconduct.

The dispute came to light when Eric Shiermeyer, representing Gala Games, filed a lawsuit against Wright Thurston in a Utah District Court. Shiermeyer alleges that Thurston, with the assistance of his investment firm, True North United Investments, orchestrated the theft of approximately $130 million worth of GALA tokens in Q1 2021. Thurston allegedly conducted complex transactions that moved the tokens from a secure wallet to 43 different wallets. When confronted, Thurston initially claimed the tokens were safe, but he subsequently engaged in a series of intricate transactions, including sales and exchanges, from September 2022 to May 2023.

Moreover, Thurston is accused of acquiring licenses necessary to operate Gala ecosystem nodes without payment and subsequently selling these licenses for personal gain.

In retaliation, Thurston’s company, True North, filed a countersuit against Schiermeyer on Gala’s behalf. This countersuit accuses Schiermeyer of mismanagement, causing Gala to sell and waste valuable company assets, and borrowing millions from Gala for personal expenditures. It also alleges that Schiermeyer set up Gala companies in Switzerland and Dubai without consulting Thurston, despite Thurston being a director of Gala. True North claims that Schiermeyer provided Thurston with incomplete or incorrect business records when requested.

Both leaders are seeking each other’s removal from Gala Games, along with various forms of relief and the return of GALA tokens. Thurston is additionally suing for at least $750 million in damages and other relief.

The lawsuit has shed light on Thurston’s troubled history, including involvement in businesses with legal and financial issues, as well as past disputes with the Securities and Exchange Commission (SEC). These factors have raised questions about Thurston’s business ethics and practices.

Gala Games, known for hosting popular games like Champions Arena, Grit, Spider Tanks, and Mirandus, relies heavily on the GALA token for its in-game economy. However, GALA’s value has plummeted by 72% since January, largely due to broader market trends affecting cryptocurrencies like Bitcoin and Ethereum. The ongoing legal disputes have added a layer of uncertainty to Gala Games’ future, causing concerns among investors and stakeholders about its stability and plans.

PlaytoEarnGames.com Newsletter 12

In the world of Web3 gaming and NFTs, this article covers the beta launch of “Legends of the Mara” by Yuga Labs, Zebedee’s release of six Bitcoin-earning mobile games, the NFT brands launched by Todd McFarlane and Patrick Mahomes, MetalCore’s open beta registration, the evolving landscape of The Sandbox, and the major update rolled out for the Web3 game Big Time. The launch of “Legends of the Mara” by Yuga Labs, known for its success in web3 gaming. This open beta 2D strategy game allows players to embark on a magical adventure, collecting valuable “sediment” and defending their lands from dark forces. Players can transform unique Vessels into powerful Kodamara, and rare Kodas can be found in specific land plots.

Zebedee, a Bitcoin payment platform, has expanded into mobile gaming by releasing six new games within the ZBD Entertainment Hub. Players can earn small amounts of Bitcoin (sats) while playing these games, which can be used for in-game purchases or real-world spending.

Notable figures like Todd McFarlane and NFL quarterback Patrick Mahomes have entered the NFT arena by launching their own NFT brands and collections. Batman NFTs, for instance, have quickly sold out on McFarlane’s platform.

MetalCore has opened registration for its highly anticipated open beta, offering players the chance to secure a spot and receive a valuable in-game vehicle as an early signup bonus.

The Sandbox platform is evolving as third-party developers organize events and introduce “play-to-earn” opportunities. Pickaxe Master, a game within The Sandbox, has initiated an Alpha Mining Season with leaderboards and rewards. Both official and community-run events cater to diverse gaming interests.

The web3 game Big Time has introduced a substantial update, including data resets, enhanced visuals, rebalanced encounters, new Boss monsters, additional character skills, new goals, and an expanded user interface. Nightmare dungeons have been added for players seeking a more challenging experience.

In summary, the article discusses various developments in the Web3 gaming industry and the growing presence of NFTs, covering game launches, NFT brand launches by celebrities, open beta registrations, platform changes in The Sandbox, and a major update for the game Big Time.

Main Event And Roblox: Your Gateway to an Epic Metaverse Experience!

Main Event Entertainment and Roblox have formed an exciting partnership to create a unique virtual gaming experience in the Metaverse. Main Event Entertainment, a renowned family entertainment company with 58 centers across 18 U.S. states, is known for its diverse entertainment options, including bowling, laser tag, and virtual reality games. Roblox, a global leader in virtual gaming and creativity, offers a platform where players can engage in various activities and build their virtual worlds.

The collaboration between Main Event and Roblox has resulted in the creation of “Main Event World” on Roblox, aiming to provide the ultimate Main Event experience in the Metaverse. In this virtual world, visitors can enjoy thrilling activities such as laser tag and bowling, with customizable difficulty levels. The CEO of Main Event, Chris Morris, highlights the goal of creating unforgettable family memories through this venture.

To enhance the experience in Main Event World on Roblox, a pop-up shop has been introduced, offering exclusive items to personalize avatars and collect unique accessories. Players can earn these items by winning in the virtual world and collecting tickets.

As an incentive to explore Main Event World on Roblox, the first 5,000 users who complete a set of games will receive a special code unlocking a real-world reward: a FREE $5 Fun Card. This card can be redeemed at their local Main Event location, allowing users to enjoy a day of in-person entertainment, bridging the gap between the virtual and physical worlds.

This collaboration between Main Event Entertainment and Roblox promises to deliver unforgettable experiences and meaningful interactions for families, friends, and the Roblox community, creating a new dimension of entertainment in the Metaverse.

MetalCore: A Collaboration with Immutable X Revealed

MetalCore is an upcoming free-to-play multiplayer shooter set in a futuristic world filled with giant mechs, armored tanks, and high-flying jets battling for control of the alien world Kerberos. Players can engage in joint PvE and online PvP 50v50 mega-battles on a growing sandbox map. Pre-registration for MetalCore’s open beta is now available, offering players the chance to secure a highly valued in-game vehicle. Pre-registered players will also have access to closed beta testing sessions, distributed through Epic Games Store keys, with an increasing number of participants.

What makes MetalCore even more exciting is its partnership with Immutable, a prominent tech partner. This collaboration not only enhances gameplay but also contributes to the advancement of Web3 gaming. MetalCore features a mix of first-person and third-person perspectives, with faction-based warfare involving up to 100 players per side. Winning requires teamwork and strategic control of key points on the map.

The game offers both PvE and PvP zones, allowing players to earn valuable FAB coins for customization and upgrades. Garages serve as hubs for vehicle customization, while Baronies create a sense of belonging within the player community. MetalCore plans to be free-to-play, with a Content Creator’s program to incentivize streamers and video creators.

As MetalCore undergoes alpha testing, players can anticipate exciting new features stemming from its partnership with Immutable X, including the Immutable Passport and marketplace integration, promising an even more engaging gaming experience.

From Bored Apes to Metaverse Magic: Yuga Labs’ Legends of the Mara Open Beta

Yuga Labs, renowned for its successful NFT collections like Bored Ape Yacht Club and Otherside, is unveiling an open beta for the web3 game “Legends of the Mara.” This 2D strategy game is an extension of the Otherside universe and offers NFT rewards and a chance to explore the Otherside Metaverse. Yuga Labs has a strong presence in web3 gaming and has previously launched popular projects like Mutant Ape Yacht Club and Dookey Dash.

The journey to “Legends of the Mara” began in August 2022 with the first trip into the Otherside metaverse, followed by a second trip with even more users. This led to the announcement of the alpha version of “Legends of the Mara.”

In this magical world, players can witness their Mara characters transform into powerful Kodamaras while embarking on quests to collect valuable “sediment” and protect their Otherdeed lands from malevolent forces. Owners of Otherdeed NFT land can claim a special Vessel, which can transform into unique Mara characters and eventually into Kodamaras.

The game features three types of Maras: Hunters, Farmers, and Enchanters, with their evolution influenced by the seasons and unique land qualities. Yuga Labs promises continuous improvement and rewards for Otherdeed NFT holders as they approach the full release of “Legends of the Mara.”

Yuga Labs’ success is evident through the popularity of Otherdeed NFTs, with a staggering trading volume of over $1.26 billion. The open beta of “Legends of the Mara” marks a significant milestone in web3 gaming, offering players a chance to delve into a captivating digital world and earn valuable rewards as they explore new aspects of the game.

Top20 Web3 Games Coming in Q3 2023: Part I

With the release of Web3 games, the gaming industry has been on the verge of a big change. The use of blockchain technology and NFTs gives gamers a sense of ownership and creative freedom, as well as a sense of reward and freedom. In this article, we’ll explore the exciting worlds of the top 20 Web3 games, where players become real stakeholders in virtual realms. The first 10 are: Infinite Victory, Words3, Wild Forest, SpeedThrone, Champions Tactics: Grimoria Chronicle, Rumble Arcade, Project T, Inmates, Galaxy Commanders, Battle of Three Kingdoms – Sangokushi Taisen.

Infinite Victory: A game by Bit Fry Games and Immutable, combining basketball with other sports elements to teach players about ‘phygital’ ownership, active community participation, and inclusive gaming experiences.

Words3: Puts a crypto twist on the popular crossword game Scrabble, where players use letters to make words with changing letter costs, aiming for higher scores and potential ETH rewards.

Wild Forest: A real-time strategy game for mobile devices by Ronin, featuring player-versus-player deck-building with in-game assets like unit and skin NFTs.

SpeedThrone: An esports racing game powered by Unreal Engine 5, combining car NFTs and the CRS token on Cardano, offering gameplay improvements through NFTs and VIP access.

Champions Tactics: Grimoria Chronicle: An immersive PC RPG set in a world of mythical champions, offering tactical battles and magical adventures.

Rumble Arcade: A web3 game focused on tactical battles, where players collaborate to navigate different battle scenarios, with unique Flamey NFTs available on Opensea.

Project T: A virtual meetup game by Sky Mavis, creators of Axie Infinity, promoting player interaction through fun minigames and exploring the world of sapidae.

Inmates: A Cardano blockchain NFT ecosystem project set in a prison setting, where players can purchase and wager on characters, earning SMOKES tokens through staking.

Galaxy Commanders: A space-based player-versus-player game emphasizing strategic ship battles, cooperative modes, and missions, with plans to introduce customizable NFTs.

Battle of Three Kingdoms – Sangokushi Taisen: A trading card game by double.jump tokyo, offering computer-based gameplay and continuous updates with new characters.

ZBD, ZEBEDEE: Six Exciting Mobile Games Where You Can Earn Bitcoin Fractions!

ZBD, ZEBEDEE, a Bitcoin payment platform known for its support of developers and financial services, is now expanding into the gaming industry by introducing six new mobile game titles on its ZBD Entertainment Hub. These games offer players the opportunity to earn “sats,” Bitcoin fractions, which can be used for in-game purchases, tipping developers, or real-world purchases.

The six new mobile games are: Bitcoin Cards, Dubbz Arcade, WinStreakz, Finke Desert Race Game, Satoshi Goals, Bitcoin2048.

Dubbz Arcade introduces an asynchronous player matchmaking mode, allowing players to compete with opponents at different times. If no opponent is found within 24 hours, the entry fee is refunded.

WinStreakz is a sports competition app where users can win real cash prizes by making correct predictions and accumulating points.

ZBD’s API enables immediate global payments, benefiting nearly 250 apps and games. This technology has significantly improved ARPDAU and retention rates for various games.

ZBD has also released its Lightning-based payments technology through a tiered subscription platform for developers of all sizes. Developers can now easily integrate ZEBEDEE payments into their projects without a manual review process.

Simon Cowell, CEO and Co-Founder of ZBD, expressed pride in welcoming new game developers and titles to their platform. Jon Hook, Co-Founder of Bitcoin Cards developer PlayEmber, emphasized the value of ZBD in attracting and retaining users while benefiting game developers.

Developers interested in exploring the ZBD API and Lightning Network can start with up to 100,000 transactions per month for free. The ZBD app is available on both iOS and Android platforms.

ZBD, a financial technology company, specializes in Bitcoin Lightning Network-based payment systems. Backed by major VCs and game studios, ZBD’s tools facilitate easy payment integration for developers, enabling instant global transactions for games, websites, and applications, bridging the gap between the virtual and real worlds.

Unlocking AI, Islamic Finance, and Web3: Highlights from Istanbul Blockchain Week 2023!

The Istanbul Blockchain Week 2023 event took place on August 22 and 23, attracting experts, developers, enthusiasts, and investors in the blockchain and cryptocurrency space. The event stood out due to its location in Istanbul, a growing hub of interest in blockchain technology. The event’s focus on Islamic finance and Web3 technologies captured significant attention.

Having evolved from small gatherings in the past, Istanbul Blockchain Week has grown into a global event with thousands of attendees. This year’s edition covered diverse topics such as DeFi, Trading, Regulation, Mining, Venture Capital, and more, catering to the varied interests of its attendees.

Notably, the event omitted discussions on NFTs, reflecting a shift in market trends as interest in NFT trading had significantly declined. Instead, the event showcased activities and engagements that involved artificial intelligence and blockchain integration.

One of the event’s highlights was Desi, a conversational AI robot developed by SingularityNET and Yaya Labs. This demonstrated the integration of AI technology within the blockchain and cryptocurrency ecosystem.

The event’s major focus was on Islamic finance, recognizing the potential of aligning blockchain with the principles of Islamic finance. Experts in this field discussed the importance of ethical finance and sustainable development, addressing a market of 1.9 billion people dissatisfied with traditional financial services.

Artificial intelligence was also prominently featured during the event. Speakers explored how Web3 and AI could synergize and transform data ownership, privacy, and control. The concept of using blockchain technology to enable individuals to own and manage their own data was discussed as a potential disruptor to the existing “Big Tech monopoly.”

While the crypto industry has been rapidly growing worldwide, including in Turkey, adoption in the country has been somewhat slower. Nevertheless, Istanbul remains an active center for blockchain and crypto-related activities.

Yat Siu’s Vision of the Blockchain-Powered Metaverse

Yat Siu, the founder of Animoca Brands, a company with a substantial investment portfolio in the blockchain industry, envisions a metaverse that leverages blockchain technology to establish digital ownership within Web3 gaming. In contrast to interpretations offered by Meta (formerly Facebook) and Apple, Siu’s metaverse emphasizes the importance of digital property rights over immersive virtual experiences.

Siu’s perspective centers on the concept of digital ownership as a catalyst for transformative growth in digital economies. He posits that a self-sustaining digital economy within the metaverse can only be achieved by introducing the notion of digital ownership, an aspect that goes beyond avatars or virtual reality headsets.

In Siu’s vision, the metaverse should grant individuals intellectual property rights over their data, much like the rights to physical property, life, and liberty in the real world. He critiques the current digital landscape for relinquishing these rights to platforms that hold extensive control over user data.

Within the metaverse, data holds significant power, driving the structures that underpin the digital world’s innovations and advancements. Siu emphasizes that Web3 technology, particularly the concept of non-fungible tokens (NFTs) and their transactions, reshapes the dynamics of ownership and payment. Unlike Web2 platforms, where compensation mechanisms differ, the metaverse empowers creators and asset owners, enabling them to reap substantial benefits from multi-billion-dollar transactions.

Siu highlights the potential of blockchain technology, which tracks transactions, ownership, and volumes meticulously. He underscores its utility in providing an organized framework that extends even to regions where traditional banking services are lacking. Decentralized autonomous organizations (DAOs) also play a role, offering a novel governance structure that could potentially outperform conventional corporate models.

The central theme in Siu’s metaverse concept is true ownership. He likens this to real-world ownership of assets, wherein legal systems, courts, and governance structures secure property rights. Siu contends that digital ownership, facilitated by blockchain, is equally if not more secure than real-world ownership, offering individuals greater control over their digital assets.

Despite concerns about the speculative nature of token prices in Web3, the idea of ownership resonates universally. Siu underscores that decentralization is key to realizing this ownership, much like the mechanisms that safeguard real-world assets. In conclusion, Yat Siu’s vision for the metaverse intertwines blockchain technology, digital ownership, and decentralization to foster a revolutionary digital economy.

Gala Games Champions Arena Play Review – A Clash of Champions

Gala Games and OneUniverse have unveiled the long-awaited mobile RPG Web3 game, Champions Arena, featuring NFT characters. This free-to-play game is accessible on iOS, Android, and PC via the Gala launcher. Champions Arena stands out with its alluring graphics, addictive gameplay, and user-friendly interface, setting the stage for an engaging turn-based RPG experience. The game boasts over 100 distinct NFT champions and items, providing players with a diverse range of characters to collect and utilize.

The gameplay revolves around two primary modes: Arena and Campaign. Arena mode offers real-time player-versus-player (PvP) battles that demand strategic thinking and quick decision-making for climbing leaderboards and earning rewards. Conversely, Campaign mode offers an adventurous journey through a world map, pitting players against computer-controlled adversaries. Battles commence in a 4v4 format, with diverse champion roles necessitating well-balanced team compositions and strategic planning.

Champions Arena’s gameplay shines due to its fast-paced nature, ensuring short and engaging matches ideal for mobile gaming. The game showcases an array of 68 unique characters with distinct abilities and appearances, ranging from vampires and monsters to robots and elves. The inclusion of NFTs adds an innovative twist, allowing characters to be minted and traded for GALA token rewards in Arena matches.

Despite its strengths, the game’s randomized character acquisition system through “summoning” may polarize players, as some relish the excitement while others seek specific characters without heavy investment. Duplicate characters can be dissolved to enhance other characters, offering a measure of control. The in-game economy involves purchasing gems, with prices differing based on acquisition source.

Visually, Champions Arena impresses with detailed character models and smooth animations. However, the audio experience falls short due to limited voice lines for characters, potentially leading to repetitiveness during battles. Muting options are available to mitigate this issue.

In conclusion, Gala Games’ Champions Arena offers a visually striking and engaging mobile RPG experience, boasting a wide array of NFT characters and items. Its blend of strategic gameplay, NFT integration, and captivating visuals make it a notable addition to the mobile gaming landscape, albeit with some caveats related to character acquisition and audio repetition.

What’s Recent in Gaming: Evolving Trends with Web3 Games, Legal Challenges, and Digital Shifts

Web3 gaming is rapidly gaining momentum, spearheading change in the gaming industry. The emergence of blockchain gaming stands as a notable development, despite lingering skepticism about its viability. Leading gaming entities like Zynga are cautiously exploring blockchain’s potential, as seen with their new game “Sugartown.” However, concerns about its impact on established franchises and the challenges posed by disruptive players remain.

Legal battles and loot box controversies continue to plague the gaming landscape. Recent instances, such as Electronic Arts and Sony being ordered to compensate players for FIFA loot boxes viewed as gambling, highlight the growing legal scrutiny. Beyond legal issues, loot boxes contribute to player frustration, leading to calls for healthier online gaming environments.

Industry events play a pivotal role in showcasing innovation and trends. Gamescom 2023, with its record-breaking exhibitor count, underscores the sector’s rapid expansion. Yet, amid this dynamism, Microsoft’s decision to close the Xbox 360 Marketplace in 2024 highlights the complexities of digital ownership.

Amid challenges, the gaming industry is rife with opportunities for growth and innovation. Blockchain gaming’s allure persists, as companies like Zynga and Ubisoft dip their toes into this arena. Tackling disruptive player behavior necessitates balancing competitiveness with inclusivity. The legality of loot boxes underscores the need for transparent and responsible game design. Events like Gamescom underscore the industry’s vitality, enabling interaction between enthusiasts and developers. The industry’s path forward involves navigating challenges while harnessing its potential for further advancement.

New Social Investing App: Dyor is Simplifying Web3 Investing

Dyor is pioneering the development of a decentralized investment application that holds the potential to redefine the Web3 landscape and the DeFi sector, as well as reshape the management of financial resources. While DeFi and Web3 offer promising investment prospects through decentralized, peer-to-peer transactions, they also present challenges for those less familiar with the technology.

In contrast to traditional financial systems, which are centralized and provide customer support, DeFi relies on smart contracts and algorithms, posing difficulties for newcomers. The absence of customer service and a centralized authority can deter individuals from entering the Web3 and DeFi space.

The optimism surrounding Web3 and DeFi has led to high expectations among investors, yet the intricate nature of decentralized interactions often leads to confusion. This gap between anticipation and reality can be disheartening, further exacerbated by the complexities within the blockchain industry.

Addressing this complexity, user-friendly DeFi solutions are emerging, aiming to simplify the investment process. Among them, Dyor stands out for its innovative approach.

Dyor is constructing a decentralized social investment app that could revolutionize the Web3 investment experience. Reminiscent of Tinder, this platform offers a fully Web3-compliant interface, emphasizing self-custody and permissionless access.

Key features of Dyor include its intuitive “swipe” interface, akin to Tinder’s swiping mechanism, streamlining the investment process. Dyor blends social investing and gamification, encouraging interaction, trading challenges, and community engagement.

Dyor facilitates effortless exploration and decision-making through real-time alerts, user-generated research, statistics, and market news. Additionally, the platform simplifies multichain investing, supporting various chains without complex bridging procedures and reducing gas costs.

Furthermore, Dyor ensures security and privacy by enabling users to control their private keys and manage their portfolios effectively. The platform bridges the familiarity of Web2 interfaces with the innovation of Web3, enabling easy investment, community engagement, and data-driven insights.

In the era of decentralized finance, platforms like Dyor play a vital role in democratizing Web3 benefits for all individuals, regardless of technical expertise. As the financial landscape shifts toward decentralization, user-friendly tools are instrumental in maximizing the potential of this paradigm shift.

It is the Time for Web3 Gaming to Notch It Up

Web3 gaming is an innovative fusion of blockchain technology and gaming, poised to have a significant impact on the industry. It combines the utility of blockchain within video games, creating a new category called Web3 games. Enthusiasts believe it holds immense potential and could emerge as a major player in the gaming landscape.

While Web3 gaming has garnered excitement and investment, challenges are evident. Despite its growth, daily unique active wallets remain low compared to the global gaming community, suggesting untapped potential. However, measuring progress solely based on wallet activity might not provide an accurate assessment due to factors like market exits and cash-outs.

Regulatory concerns loom large as government oversight becomes more relevant with Web3 gaming’s rise. The classification of tokens and NFTs is unclear, as illustrated by the SEC’s case against Binance. Varied perspectives exist within the gaming industry, with some giants like Epic Games showing interest through marketplace additions, while others, like Sega, express skepticism about the speed of growth and the balance between “play-to-earn” mechanics and fun gameplay.

Developing sustainable token economies poses a significant challenge. The process of content creation requires time and iterative efforts for success, and striking the right balance between rewards and gameplay enjoyment is crucial. Overloading users with rewards can detract from the intrinsic fun of the game.

To forge a successful path forward for Web3 gaming, a long-term commitment is essential. Despite its current stage, recognizing its nascent state and untapped potential is vital. A blend of high-quality gameplay and effective blockchain integration holds the key to unlocking the promised potential of Web3 gaming.

SAGA’s Multiverse Summit Takes Place Aboard a Yacht, Revealing Web3 Tech to Empower Multiverse

At the Multiverse Summit hosted by Saga, a leading Web3 infrastructure protocol, Liao from Saga unveiled several groundbreaking innovations aimed at transforming the gaming and entertainment industries. The summit took place aboard a yacht on the Rhine River during Gamescom 2023 in Cologne, Germany, and showcased Saga’s commitment to revolutionizing the gaming landscape.

Key highlights from the summit included the introduction of the latest version of the Saga protocol called Pegasus. This version enables developers to launch fully decentralized dedicated chains called chainlets using the power of Inter Blockchain Communication (IBC), enabling seamless communication between chainlets and other blockchains. This advancement not only fosters growth and improvement but also frees developers to focus on enhancing the gaming experience rather than dealing with backend technicalities.

An integral component of Saga’s technological innovations is the Saga Ethlet, an Ethereum scaling solution. This unique approach leverages sidechains for rapid deployment while benefiting from Ethereum’s secure network. The Ethlet offers a user-friendly one-click deployment process, potentially making it a promising option for scaling Ethereum and elevating Web3 gaming.

Liao emphasized that Saga’s Multiverse Summit aimed to position Saga as a leader in Web3 game development platforms. The summit featured over 34 speakers from prominent companies like Unity, Samsung, and The Sandbox, discussing the convergence of blockchain technology and gaming. Attendees experienced immersive interactions aboard the Blue Rhapsody yacht, engaging with Saga’s games, characters, and stories.

Saga’s Innovator program, responsible for adding 224 projects in under a year, with 80% focusing on gaming, underscores the company’s commitment to driving innovation in the industry. The launch of generative AI projects, along with games like Shrapnel, Cosmic Exodus, and AILAND’s shooting game, underscored the growing momentum of Web3 game development within the Saga ecosystem.

Liao conveyed that Saga’s blockchain is distinguished by its speed, affordability, and improved performance. As the company readies its testnet to assess scalability before the mainnet’s launch, Liao expressed interest in decentralization and plans to hire additional validators. The projected cost of around $500 per chain per month suggests a cost-effective approach to businesses. Liao’s vision underscores Saga’s dedication to refining its coin setup and creating an ecosystem that celebrates creative expression and collaboration.

In conclusion, Saga’s Multiverse Summit showcased the company’s latest technological strides in Web3 gaming and entertainment. With innovations like Pegasus and the Saga Ethlet, Saga aims to transform the industry’s landscape while fostering collaboration and creative freedom within the gaming and entertainment realms.

MapleStory Universe Aims to Deliver Fair and Unbiased NFT Gaming Experience with Chainlink

Nexon has partnered with Chainlink, a major player in Web3 infrastructure, to enhance its NFT-focused blockchain gaming ecosystem, MapleStory Universe. This collaboration aims to utilize Chainlink’s Verifiable Random Function (VRF) technology to create more authentic and equitable experiences for players. MapleStory Universe is a large-scale online role-playing game hosted on the Polygon Supernet, with a focus on delivering top-notch Reward Experiences (RX) through the application of VRF, considered a standard for web3 services.

MapleStory Universe marks Nexon’s entry into the NFT world, offering a unique virtual environment built upon MapleStory NFTs. The project introduces RX 2.0, leveraging blockchain for digital scarcity, open ecosystems, and community collaboration. This novel gaming venture breaks from tradition by encompassing four distinct experiences that form a cohesive online world:

MapleStory N: Integrating NFTs and limited item sources into the RX 2.0 system.
MapleStory N Mobile: A mobile version mirroring the PC game, enabling seamless progress transfer.
MapleStory N Worlds: An open sandbox for designing custom MapleStory realms.
MapleStory N SDK: A specialized toolkit for developing MapleStory-themed mobile apps.
Chainlink’s involvement is set to enhance MapleStory Universe’s infrastructure. The game revolves around a limited supply of NFTs, reshaping the reward system while embracing the unique characteristics of MapleStory. Integrating Chainlink’s VRF ensures fair and verifiable distribution of items, a critical concern for players exploring the virtual universe. This collaboration aspires to foster an ecosystem of diverse developers working collaboratively to shape the game’s future, with interoperability, transparency, and equity as core principles.

Director of Production Sunyoung Hwang emphasized the potential of this partnership, highlighting the game’s use of blockchain technology and Chainlink’s role in supporting an open and decentralized MapleStory Universe.

Chainlink, a renowned name in Web3 services, has facilitated trillions of dollars in transactions across sectors like DeFi, gaming, and NFTs. As a leading decentralized oracle network, Chainlink empowers global groups with streamlined access to various blockchains, enabling developers to create feature-rich Web3 apps that harness real-world data and off-chain computing.

Together, the collaboration between MapleStory Universe and Chainlink seeks to revolutionize the gaming and virtual experience landscape for the benefit of all stakeholders.

3VERSE: Revolutionizing Web3 Gaming with Playability, NFT Integration, and Community Focus

3VERSE is a pioneering platform at the forefront of the gaming and nonfungible tokens (NFTs) landscape, with the potential to reshape the world of Web3 gaming and NFT integration. Led by an innovative team, 3VERSE is poised to revolutionize the gaming experience by prioritizing solid gameplay fundamentals. Unlike other projects, 3VERSE places a strong emphasis on entertainment value and immersive gameplay, rather than solely focusing on token economics.

The platform’s standout feature is its cross-IP compatibility, offering players a seamless integration of NFTs into gameplay. By combining NFTs with Mech-Pods, called G-Mechs, players can personalize and strategically enhance their in-game experience. This forward-looking approach makes Ethereum-based NFTs interact effortlessly with the platform, broadening accessibility and engagement.

A key aspect of 3VERSE is its play-to-earn model, enabling players to earn rewards in VERS tokens while participating in various in-game activities like tournaments and ranked matches. These tokens can be utilized to unlock upgrades, purchase cosmetic items, and improve G-Mechs, adding an exciting incentive for players to excel in the game.

The stability and longevity of the ecosystem are ensured through well-thought-out tokenomics. A portion of the VERS tokens spent in-game are burned, promoting scarcity and enhancing the token’s value proposition. Additionally, 3VERSE’s community-centric approach fosters a vibrant player community through regular updates and collaborations with prominent NFT projects.

Accessibility is a core tenet of 3VERSE, as the game can be played on web browsers and mobile devices, catering to a wide audience. Moreover, the game is free to play, offering optional purchases for cosmetic enhancements or loot boxes. This approach democratizes Web3 gaming, appealing to both crypto enthusiasts and traditional gamers alike.

The visionary behind 3VERSE is Ryan Teo, an acclaimed developer known for titles like Assassin’s Creed and Splinter Cell. Teo envisions 3VERSE as a captivating and engaging experience that seamlessly blends Web2 and Web3 elements. As players immerse themselves in 3VERSE, they embark on an adventure that redefines the gaming landscape, setting new standards for Web3 gaming and NFT integration.

Get Ready to Discover New Web3 Games as Crypto Guilds Announces to Launch CG Meta Game

Crypto Guilds has announced the highly anticipated launch of CG Meta Game, a groundbreaking metaverse project set to debut on June 19th, which has excited crypto gaming enthusiasts. This innovative venture combines immersive gaming with blockchain technology, offering a unique blend of strategy, exploration, and earning potential through the integration of cryptocurrencies and NFTs. In CG Meta Game, players engage in quests within a web3 environment, reaping rewards for their accomplishments.

The core concept of CG Meta Game involves players being paid to explore a new web3 game each month, essentially creating a game within a game. The gameplay revolves around existing games, with mechanics centered around NFTs and their upgrades. The amount players can earn is linked to their ability to enhance their assets and NFTs. The virtual world promises a rich array of quests, challenges, and opportunities for players to showcase their strategic prowess within the Crypto Guilds Meta Game.

Central to the experience are the Crypto Guilds NFTs, which serve as the avatars players use within the game. These NFTs carry a 10% royalty fee and are initially limited to 1000 CG NFTs upon launch. These blockchain-encrypted digital assets hold significant value and can be traded, sold, or exhibited to other players, fostering a thriving in-game marketplace.

Additional characters will be introduced through future sales, with half of the proceeds contributing to reward pools. The characters can be upgraded by completing in-game quests, and the strength of a character influences earning potential.

The game’s reward system includes a Pool of rewards for each quest, encompassing game cash prizes, game NFTs, 10% royalty fees from CG NFT trades, 2% of the total $VIL supply, and extra rewards from Quest Sponsors. These rewards are designed to incentivize user engagement and facilitate broad adoption.

The game’s revenue stream is bolstered by royalties collected from Crypto Guilds NFTs. These royalties are aggregated monthly and added to the reward pool, utilizing a blacklisting system for enforcement.

Players receive Badges upon quest completion, soulbound tokens tied to their characters. Badges enhance subsequent reward pools, effectively boosting profits. Accumulating badges maximizes earning potential, making NFTs more valuable and allowing players to earn more.

$Villians ($VIL) coins are earned by completing monthly quests, representing the essence of villains within the CG narrative. These coins can be staked and locked to create equipment. An initial airdrop of 10% of the $VIL supply aids in understanding the game’s economy. $VIL coins, Crypto Guilds NFTs, and badges are distributed in discovery boxes.

Equipment items, which can be traded as NFTs, enhance the earning potential of Crypto Guilds NFTs when equipped. Unlike badges, equipment is transferable, enabling broader participation in the CG ecosystem.

The in-game quests start simple but become competitive over time, with leaderboards influencing reward distribution. This environment fosters a sense of community among web3 gamers, who can collaborate, join guilds, and partake in events.

As a B2B ecosystem, Crypto Guilds connects numerous Guilds and Games. The launch of Meta Game represents a step forward, merging reality and fiction by incorporating real figures from the crypto community into the CG Lore.

WAGMI Games Announces the Appointment of Some Big Names for the Roles of Leadership

WAGMI Games is on a mission to revolutionize the world of Web3 entertainment, aiming to drive mass adoption of NFT games. Their strategic approach, combining cutting-edge technology, seasoned crypto professionals, and a community-oriented mindset, has garnered attention and anticipation in the industry. By integrating high-quality graphics, in-game economies, and active communities, WAGMI offers a distinctive and engaging crypto-gaming experience. Despite the colossal gaming industry having three billion players, Web3 games only capture a mere 3%, a gap WAGMI seeks to bridge.

Unlike other companies, WAGMI prioritizes accessibility by allowing players to purchase assets with regular fiat currency, which could introduce a new generation of users to NFTs. This innovative approach underscores the concept of player-owned assets, expanding the web3 gaming market. The company has made key appointments to its team, notably Esteban Gil and Brent Pease, who bring extensive experience from successful gaming titles. Esteban Gil, renowned for his leadership in games like Garena Free Fire, now shapes WAGMI’s business strategy, driven by his belief in web3 and NFT potential. Brent Pease, with a rich background in gaming and company building, takes on pivotal roles to bolster WAGMI’s growth.

WAGMI Games is committed to overcoming obstacles hindering web3 gaming’s growth. By simplifying onboarding processes and enabling asset purchases with fiat currency, the company aims to make web3 gaming accessible to a broader audience. Their first project, “WAGMI Defence,” exemplifies this approach with a fast-paced game loop and player-owned assets. With platforms like GamestopNFT facilitating asset trading, WAGMI embraces the decentralized ethos of the web3 ecosystem.

The inclusion of AAA talents like Esteban Gil and Brent Pease reaffirms WAGMI’s mission and potential, as expressed by CEO Ian Bentley. The company aims not only to realize its vision but also to be part of the historic evolution of the gaming space.

Moxy Esports Web3 Game Platform Brings Innovation

Moxy Esports introduces a novel concept to the web3 landscape with its esports platform, offering players the opportunity to compete for real-money rewards. The platform operates by allowing players to enter tournaments with a nominal fee, which contributes to a collective prize pool. Winners then share the prize pool, mirroring the distribution model seen in traditional esports. Unlike many web3 initiatives that focus on tokenization, Moxy prioritizes community, decentralization, and innovative gameplay.

The platform addresses the vast audience of video gamers and aims to bridge the gap between digital play and real-world rewards. While gaming has become more accessible than ever before, players often lack tangible recognition or rewards for their achievements. Most games are owned and controlled by companies, leaving players without substantial ownership. This presents an opportunity for web3 gaming, where players can possess in-game assets and convert rewards into real currency.

However, the transition to web3 gaming presents challenges, as the shift from traditional web2 gaming is significant and not easily embraced by all players. Moxy Esports enters this landscape as a solution, offering a distinct approach. Moxy’s game model involves players contributing small fees to join tournaments, creating a substantial prize. Winners then divide the prize pool amongst themselves, fostering an inclusive esports environment. Moxy’s approach seeks to attract both existing esports participants and new players who have been spectators.

Moxy’s uniqueness stems from its ability to amalgamate the best elements of web2 and web3 gaming. It doesn’t merely graft web3 features onto existing games but rather introduces an innovative gaming format that emphasizes competition, fun, and repetitive engagement. Importantly, this model is open to players of all skill levels, democratizing the esports experience and allowing traditional gamers to become champions.

The platform’s recent event, “Battle of the Influencers,” exemplifies its innovative approach. Players paid an entry fee, contributing to a collective prize, which was subsequently divided among winners. This event showcased a fusion of web2 gaming enjoyment and web3’s potential for rewarding participation.

Nolan Bushnell, a key figure in Moxy Esports, is set to speak about web3 gaming’s growth and significance at the Digital Entertainment Leadership Forum in Hong Kong. This underscores the platform’s commitment to advancing web3 gaming’s understanding and potential.

In summary, Moxy Esports disrupts the web3 gaming landscape with its unique approach that combines traditional gaming excitement with web3’s rewarding potential. By creating a platform where players contribute to a prize pool through nominal entry fees, Moxy engages a broad spectrum of players in competitive esports while embracing the spirit of web3 innovation.

Regulatory Measures and Enhanced User Experience can Mitigate Crypto Market Speculation Concerns

In 2023, the cryptocurrency and NFT markets are experiencing a period of uncertainty and volatility after the extreme highs of 2021 and subsequent crash in 2022. The transition from fear to greed and now to a more neutral sentiment characterizes the current state of these markets. The unpredictable nature of the bitcoin market, coupled with concerns about U.S. price hikes impacting liquidity, has contributed to the ongoing turbulence. Within this context, Toby Rush, co-founder of Redeem, highlights the challenges facing the web3 and blockchain ecosystems, emphasizing the critical need for improved user interfaces (UIs) and regulatory transparency.

Rush identifies that despite the potential of Bitcoin, web3, and DeFi (Decentralized Finance) to reshape the market, their impact has been limited compared to other indicators since the market crash of the previous year. The total value locked (TVL) for DeFi protocols, according to DefiLlama, has not fully recovered from its steep decline. The NFT market has also seen a collapse, leading to fewer users engaging with web3 technologies.

The lack of user-friendly experiences, particularly in terms of front-end UIs, is considered a primary factor contributing to this trend. Rush acknowledges that while progress is being made in the web3 space, the majority of users still struggle to navigate it. He underscores the importance of seamless onboarding processes, akin to those implemented by tech companies for mainstream products and services. Rush asserts that creating new onboarding frameworks is crucial to simplifying the user experience, eliminating technical complexities such as non-custodial wallets, complicated crypto interfaces, and gas fees.

Another development discussed is the concept of Account Abstraction (ERC-4337), which allows users to use smart contract wallets with versatile verification logic as their primary accounts. This enhancement improves security and usability by introducing simpler ways of accessing crypto wallets and web3 accounts, akin to logging into email or favorite apps.

Addressing the NFT market, Rush argues that businesses must adapt to existing consumer behaviors and mental models for success. He suggests that expanding on existing use cases can help users embrace decentralized products more readily. Despite the “expensive JPEGs” perception associated with NFTs, Rush asserts that these assets are gaining traction in various sectors, with applications like event tickets and loyalty programs. However, the industry faces challenges regarding regulatory clarity and transparency. The regulatory landscape remains uncertain, and Rush highlights the need for better communication and proactive measures from regulatory bodies to provide a conducive environment for blockchain-related assets.

In conclusion, 2023 is characterized by a cryptocurrency and NFT market in flux, with challenges stemming from complex user experiences and regulatory uncertainties. Toby Rush’s insights underscore the necessity of improving UIs, establishing clearer regulations, and expanding use cases to drive the adoption and success of web3 technologies and blockchain assets.

The Element of Decentralization in Blockchain Games: Where Does it Currently Stands?

This discussion delves into the decentralized aspects of blockchain games, the infrastructure of Web3, and the endeavor to create fully on-chain games. Despite claims of decentralization and trustless ownership, most crypto games exhibit only partial decentralization, with game logic and data often residing in central locations despite assets being stored on the blockchain. The CEO of Lattice, Ludens, acknowledges that even in 2023, blockchain technology must evolve further to handle the transaction demands of the gaming industry.

The notion of creating fully on-chain games is likened to early computer game development due to current limitations in blockchain capabilities. While some games employ a hybrid approach to engage users who are unfamiliar with cryptocurrencies, like Aurory’s Syncspace, which allows assets to exist off-chain, technical complexities of cryptocurrency wallets can deter broader adoption.

Some pockets of innovation are emerging, exemplified by “autonomous worlds” where player-driven development occurs. However, these autonomous worlds are still in their infancy. The rise of Web3 games encountered challenges stemming from the industry’s newness and the initial focus on token investment rather than gameplay. This approach led to the popularity of play-to-earn games during the crypto bull market, but many such projects faced decline once token values dropped.

The shift toward fully on-chain games involves developers aiming for autonomous, on-chain optimization. These games store assets, logic, state, and data on the blockchain, differing from Web2.5 counterparts that often use cloud storage. Notably, blockchain ensures an accurate representation of the game state and enables open composability, akin to DeFi, facilitating cross-asset swaps.

The emergence of decentralized autonomous organizations (DAOs) within games, like Dark Forest’s DFDAO, enables community collaboration and innovative modifications. This decentralized creativity has roots in Web2, as exemplified by franchises like Dota and Counter-Strike that originated as player-developed mods.

The discussion also highlights challenges in the on-chain gaming industry, including the lack of standardized game design guidelines for blockchain ledgers. The growth of on-chain gaming’s scalability relies on enhancing chain infrastructure. Overall, the journey toward fully decentralized and on-chain games is underway, with technical advancements and innovative approaches shaping the landscape.

Top Crypto NFT Games Currently Available on Mobile App Stores

This informative blog post delves into a selection of top-notch crypto NFT mobile games that offer an avenue to explore the web3 world on both Android and Apple devices. Navigating the realm of NFT gaming on mobile platforms can be daunting due to the constant influx of captivating titles. The expansive mobile gaming industry presents a prime opportunity to boost the popularity of Web3 games. However, this expansion is hindered by the regulations imposed by industry giants like Apple and Google Play. Apple, for instance, mandates a 30% tax on NFT game transactions.

The article highlights several captivating play-to-earn crypto games accessible on Android and Apple platforms. While certain blockchain games have long dominated the field, others present fresh and intriguing possibilities for gamers.

Axie Infinity Origins:
Axie Infinity Origins is a game where players construct teams of diverse creatures known as Axies and deploy them in battles. They can engage in Arena battles against other players or take on the game’s villainous Chimeras in Adventure mode to vie for the top of the leaderboard. The game pioneers the play-to-earn genre, providing substantial in-game rewards and NFTs for completing missions, leveling up, and simply enjoying the game. The mobile-optimized release, Axie Infinity Origins, rolled out in May 2022, featuring enhanced visuals. In May 2023, it became available for free download on the iOS App Store.

Splinterlands:
Splinterlands offers a multiplayer Trading Card Game (TCG) experience that evokes nostalgia for beloved titles like Pokemon and Hearthstone. In contrast to traditional card games, the cards in Splinterlands possess real-world value and grant ownership to their holders. The game boasts a visually stunning deck-building strategy TCG optimized for mobile devices. Despite its straightforward rules, mastering the game proves to be a challenging endeavor.

Undead Blocks NFT Game:
Undead Blocks presents a thrilling first-person zombie survival shooter where players assemble unique weapons to fend off relentless waves of zombies. The game offers various modes, including Solo, Squads, SpeedRun, and Massacre, catering to different playstyles. The “play-to-earn” mechanic rewards players with in-game benefits for their engagement. Additionally, players earn Zbux, the in-game currency, by defeating zombies. The incorporation of governance tokens empowers players to influence the game’s ongoing development. The game supports a range of controllers and plans to release native apps for mobile devices soon.

Thetan Arena:
Thetan Arena, a blockchain-powered e-sport playable on mobile devices, invites players to participate in weekly tournaments, monthly events, and diverse game modes, including MOBA tower rush and battle royale. The game strikes a balance between teamwork and individual prowess, delivering an action-packed experience optimized for mobile platforms. Aspiring players can join as “guest players” to explore the game.

Galaxy Fight Club NFT:
Galaxy Fight Club offers users the opportunity to pit their favored NFTs against each other in tournaments for both recognition and real-world cash prizes. This cross-IP PVP NFT game stands out as a pioneering example and operates on the concept of the NFT Universe. With cross-platform capabilities, players can enjoy the game on mobile devices and personal computers alike. The game embodies an open and unrestricted market for digital objects and assets.

Upland:
Upland enables users to trade virtual properties linked to real-world locations using blockchain technology. Built on the EOS blockchain, the game utilizes the UPX collectible token. Owning properties and landmarks yields passive income, and players are equipped with a custodial web3 wallet and marketplace. Upland bridges the gap between the digital economy and the physical world.

League of Kingdoms:
In League of Kingdoms, players have ownership of land and assets, fostering an inclusive and engaging environment. The game is designed to be accessible to players without prior knowledge of crypto concepts, making it a widely appealing real-time strategy game. Resource farming is possible without owning Land NFTs, contributing to the game’s approachability and entertainment value.

The blog hints at more exciting mobile games to be covered in the second part, promising readers a comprehensive exploration of the world of NFT mobile gaming. Stay tuned for further insights into these captivating experiences!

Web3 Games Marketing on Popular Game Marketplaces

The world of popular video game marketplaces has presented challenges for web3 games and NFT blockchain games, as platforms like Steam and the iOS App Store have enforced bans on their inclusion. These blockchain-powered games struggle to establish a foothold in well-established gaming stores due to various reasons. While opinions on web3 games are polarized, some embrace their potential while others hold reservations. Steam and the iOS App Store are prominent examples that have prohibited NFT and crypto games, while platforms like Google Play Store and Epic Games Store allow them under specific conditions. However, emerging marketplaces like Elixir and Ultra have emerged as supportive spaces for web3 games.

Notably, despite the ban on Steam, developers are finding creative means to launch web3 games on the platform. Steam’s ban on NFT and blockchain games, implemented in 2021 during a cryptocurrency bull market, specifically targets games based on blockchain technology that enable cryptocurrency or NFT exchange. This decision carried significant weight, given Steam’s vast user base of 20-30 million active gamers. Consequently, developers are devising strategies to market their web3 games on Steam, either by eliminating blockchain elements entirely or by utilizing third-party redirects for NFTs.

Several instances demonstrate developers successfully releasing their web3 games on Steam, including titles like Champions Ascension, The Bornless, Superior, and Angelic. These games employ diverse tactics to circumvent Steam’s restrictions. Champions Ascension, for example, directs users to its external website for NFTs and blockchain elements while adhering to Steam’s terms of service (TOS). The Bornless abstracts crypto elements in the Steam version, leaving decisions regarding blockchain integration to players. The game developers’ aim is to both launch their product on Steam and shift prevailing negative perceptions surrounding NFTs.

While accessing Steam’s large user base is a desirable goal, game developers face intense competition in capturing gamers’ attention. Despite the multitude of players on Steam, a significant portion gravitates towards a handful of popular titles. Recent data from GameDiscoverCo reveals that a considerable proportion of users engaged with the top 10 games among the top 1,000 titles on Steam. This scenario presents challenges beyond platform entry, as developers must navigate an oversaturated market where gaining visibility is a formidable task. This situation is particularly concerning for multiplayer games dependent on sufficient player numbers for successful matchmaking.

Developers who are enthusiastic about cryptocurrency integration are employing various tactics to showcase their games on Steam and attract players. Some publishers, like Gala Games, are creating versions of their games that exclude NFTs, such as the upcoming game Superior. Jason Brink, Blockchain President of Gala Games, confirmed plans to release a “non-NFT” version of Superior on Steam, where in-game items cannot be purchased with cryptocurrency. Gala Games also intends to provide NFT-based games through Elixir, a cryptocurrency-compatible game launcher. Angelic, an RPG developed by Metaverse Game Studios, adopts a similar approach with the backing of companies like Animoca Brands and Pantera Capital. Angelic’s developers aspire to introduce its web3 features to the Steam version progressively.

In conclusion, while popular game marketplaces have barred web3 and blockchain games like Steam and the iOS App Store, innovative developers are finding ways to circumvent these bans and introduce their offerings to a broader audience. This endeavor involves strategic adaptations to integrate with platforms while navigating challenges posed by market saturation. As blockchain rules evolve, developers may seize opportunities to reintegrate crypto elements into their games on these platforms.

Exploring Guild of Guardians: A Promising Casual and Fun RPG Experience

Get ready to embark on an immersive RPG journey with Guild of Guardians, an eagerly anticipated crypto-powered NFT game designed for iOS and Android platforms. Developed by Immutable, a crypto company, in collaboration with Mineloader, a game developer, Guild of Guardians is on the brink of its release after undergoing a developmental revamp. Presently in the pre-alpha testing phase, the game is demonstrating its potential as a captivating mobile game that seamlessly integrates non-fungible tokens (NFTs) and cryptocurrency.

The game’s creative force, Chris Clay, a seasoned developer with a background in titles like Magic: The Gathering and DC Comics games, explains that the pre-alpha version is focused on introducing players to its core gameplay elements: dungeon combat and crafting/forging. This design caters to the extensive audience that prefers mobile games suited for quick sessions and multitasking.

Guild of Guardians in the Pre-Alpha Stage:

The current pre-alpha testing of Guild of Guardians has revealed a limited demo called “The Beautiful Corner.” A gaming news platform had the opportunity to experience this guided demo and explore the game’s potential alongside its developers. Despite its early development status, the game exhibits promise as a casual mobile experience enriched with NFTs and crypto tokens.

Guild of Guardians immerses players in a visually stunning world. The evolving 3D graphics offer a delightful blend of colorful and sprite-like characters against a backdrop of dark fantasy. The game sets the stage for a clear clash between good and evil, a theme that resonates with fans of classic fantasy settings. The audio design, marked by its epic and cinematic nature, caters to players who enjoy both immersive soundscapes and playing with muted audio.

Strategic Dungeon Crawling:

Guild of Guardians introduces players to an engaging dungeon-fighting experience, particularly appealing to competitive gamers. Players can assemble a party of multiple Guardians, enabling strategic positioning during battles. The core gameplay loop revolves around dungeon exploration, crafting, forging, and leveling up. The inclusion of detailed 2D dungeon maps enhances the sense of progression and geography during battles.

According to Chris Clay, the Game Director, “defeat is a natural part of the game.” This is where the Roguelite concept comes into play. Unlike the harsh design of roguelike games that often feature permanent death, roguelite games maintain certain aspects from their predecessors while being less punishing. In Guild of Guardians, defeat is manageable; if a Guardian falls in battle, players can make another attempt. Progression is aided by retaining gear and experience points, gradually making once-daunting challenges surmountable.

Crafting for Casual Players:

The crafting and forging system in Guild of Guardians is designed to be intuitive and engaging. The game avoids the need for extensive tutorials – players can easily craft basic items by clearing rooms and obtaining necessary materials. Crafting options are streamlined through the display of “craftable” choices based on acquired “recipes.”

Noteworthy Progression and Accessibility:

Guild of Guardians stands out with its swift leveling process. Unlike hardcore RPGs, where leveling up can be arduous, this game offers a faster progression rate. Playtesting has shown that characters can reach level 20 or higher in under an hour, providing a smoother leveling experience. With a maximum level of 120 (with a few exceptions at level 140), the unique “star up” leveling system adds depth to character advancement.

Positioned as a companion for casual and intermittent play, Guild of Guardians strikes a balance between randomness and strategy. Recognizing that players might have limited time for gaming, the game provides engaging gameplay within short mobile sessions. The incorporation of NFTs and crypto tokens introduces an innovative dimension, making it appealing to enthusiasts intrigued by blockchain technology.

The Rise, Challenges, and Transformation of Binance: A Cryptocurrency Giant’s Journey

Following the collapse of FTX, major cryptocurrencies stabilized in terms of the US dollar. However, Binance, a prominent cryptocurrency exchange, encountered significant challenges. Established by Changpeng Zhao (CZ), Binance rapidly ascended to become a leading exchange. Its journey encompassed rapid growth, regulatory hurdles, and transformations.

As 2022 concluded, Binance thrived, emerging as the dominant player in the digital asset realm after FTX’s demise. Holding over half of the cryptocurrency market share, CZ’s leadership seemed unassailable. Notably, FTX’s co-founder sought Binance’s aid prior to its downfall, a plea CZ declined, contributing to FTX’s ultimate fate.

Nevertheless, Binance grappled with difficulties post-FTX. Its stature drew regulatory scrutiny as authorities aimed to prevent a “too big to fail” scenario and potential disruption in financial markets. In the US, allegations of illegal service to American customers, mishandling of assets, and non-compliance compounded Binance’s challenges. Critics contended that Binance’s rapid growth contradicted the decentralized, transparent, and equitable ethos of the cryptocurrency space.

CZ’s distinctive vision was pivotal in Binance’s rapid expansion. With a background in computer science and trading software, CZ’s strategic decision to capture a substantial market share played a central role. Notably, his message emphasizing market share’s primacy spurred Binance’s remarkable ascent.

Binance’s early culture of rapid growth bore hallmarks of startup ambition, underscored by an air of corporate secrecy. Regulatory obstacles emerged as Binance expanded globally. Banned in China due to ICO restrictions, questions arose about regulatory adherence in Japan. The absence of a formal headquarters mirrored the decentralized nature of the cryptocurrency industry. France’s regulatory accommodation briefly provided stability and adherence to rules.

However, challenges mounted. The SEC blocked Binance’s acquisition plans and the New York Department of Financial Services halted BUSD issuance. French authorities investigated Binance for alleged illegal advertising and insufficient anti-money laundering efforts. The CFTC and SEC separately filed lawsuits against Binance, CZ, and its US arm. Regulatory confrontations, cultural shifts, and market dynamics caused Binance’s crypto spot market share to plummet from 80% to 40%.

Navigating the Universe of Web3 Gaming: Axie Infinity and Star Atlas Recent Updates

Axie Infinity and Star Atlas have recently taken the spotlight in the world of Web3 gaming with significant updates that are reshaping the landscape of play-to-earn gaming. Both games have introduced innovative features and concepts that underscore their commitment to evolving the gaming experience.

Axie Infinity, a trailblazer in play-to-earn gaming, has reinvigorated its Streamer Rewards Program. This program, which allows players to earn real-world rewards through gameplay, has been enhanced with substantial changes. Notably, the prize pool has been doubled to 600 AXS tokens from the previous 300, garnering even more attention from the gaming community. The program also introduces exclusive rewards like Creator Avatars and Borders, recognizing the contributions of content creators who achieve specific milestones. Inclusivity is a focal point, evident in tiered raffles for streamers based on streaming hours. Additionally, cosmetic prizes are offered for different levels of participation, fostering a diverse range of incentives. This program serves not only as a means of giveaways but also as a testament to Axie Infinity’s commitment to nurturing its community.

Star Atlas, on the other hand, has embarked on its own innovative journey in Web3 gaming. With its recent release of “SAGE Labs” on the Solana platform, the game presents a unique vision of the future of Web3 gaming. SAGE Labs is a browser-based space economy simulation that empowers players to engage in activities like resource gathering, crafting, and trading within an immersive universe. What sets SAGE Labs apart is its blockchain-powered economy, allowing players to translate their in-game efforts into tangible value. The game’s integration with the Solana ecosystem elevates the gaming experience and creates opportunities for novel gameplay solutions.

SAGE Labs’ significance extends beyond gameplay; it strives to engage both play-to-earn gamers and Web3 enthusiasts, aligning with Star Atlas’s broader vision. The introduction of the Golden Ticket event marks a notable milestone in the game’s economic cycle. This event spans two phases and offers players the chance to craft assets for redeemable items and participate in weekly drawings for substantial rewards. This event not only adds a layer of excitement but also fosters continued engagement within the Star Atlas community.

In a realm constantly evolving like Web3 gaming, Axie Infinity and Star Atlas have emerged as frontrunners, demonstrating their dedication to enhancing player experiences and pushing the boundaries of the gaming industry.

Eternal Dragons New Update: Proof of Concept, PvE, and Eternal Dragons Saga

The web3 game “Eternal Dragons” has unveiled a significant update aimed at enhancing the gameplay experience, particularly focusing on the introduction of a new PvE mode for players known as Dragoneers. This update represents a substantial step forward in the game’s ongoing commitment to delivering new content and improvements.

The centerpiece of this update is the proof of concept version of the PvE (Player versus Environment) mode, which has been designed to offer players a more immersive and progressive gaming experience. Dubbed the “Eternal Dragons Saga,” this new chapter of the game’s fantasy storyline takes players on an adventurous journey to uncharted territories, filled with challenges, courage, and novel discoveries. Players embark on a path that presents meticulously designed hurdles and hard-earned victories, all while being driven by the quest for Eternium, the vital life force of the game world.

The PvE mode offers players a path segmented into chapters, each containing distinct stages. As players advance through these stages, they earn Eternium rewards that lead them to confront formidable showdowns reminiscent of classic boss battles. While some special rewards are currently not part of this early version, they are planned for future iterations. This progression-based journey provides players with a sense of growth and accomplishment, ensuring continued engagement within the expansive universe of Eternal Dragons.

The update also introduces a strategic twist called “Roar Variability,” where units can utilize their powers in diverse ways, introducing an element of unpredictability and creativity to battles. Furthermore, a feature called “Solo Unit Locking” grants players the ability to strategically lock specific units for optimization, enhancing decision-making dynamics. An “Auto Unit Arrangement” function facilitates smoother gameplay, automating the placement of units on the game board and easing the learning curve for newcomers.

The developers emphasize that these changes signal the commencement of a new chapter in the Eternal Dragons narrative, one characterized by enhanced strategic depth, user-friendliness, and an element of surprise. Feedback from players will play a pivotal role in refining these updates further.

Eternal Dragons, an NFT (Non-Fungible Token) auto chess battler game, blends strategy, intelligence, and skill. The game awards Eternium tokens to victors, which serve to level up and breed dragons and engage in various other in-game activities. Eternium tokens are pivotal for advancement on the game’s leaderboard, making them a crucial element in the overall gaming experience. This update showcases the game’s ongoing commitment to evolving gameplay and delivering captivating experiences to its dedicated player base.

NFL Rivals Mobile Launch with NFTs on iOS and Android

NFL Rivals, developed by Mythical Games, is the first official NFL-licensed web3 game that utilizes blockchain technology, now featuring NFT (Non-Fungible Token) player cards. The game, available on iOS and Android, allows players to become managers and create and manage their own NFL dream teams. The recent upgrade introduces NFT functionality, enabling players to purchase NFT player cards through iOS and Android apps via secondary marketplaces.

To access NFTs in NFL Rivals, players must reach level 4 or higher in the game, which unlocks the ability to upgrade NFL players and purchase digital collectibles. The “Improve My Roster” feature guides players to suggested NFT player cards, leading them to the secondary marketplace for purchasing. While the current marketplace experience is limited, Mythical Games plans to expand these features over time to facilitate buying and selling NFTs directly through the mobile apps.

In-game utility for NFL Rivals is represented by Credits, which players can acquire through in-app purchases. These Credits can be used in the blockchain marketplace to acquire various items. Despite the integration of complex web3 technology, the game’s player-first approach has contributed to its popularity among millions of players.

Additionally, NFL Rivals incorporates an NFT creator community. When an NFT creator makes a sale on the marketplace, they receive compensation in the form of Myth, a cryptocurrency token. The game’s pricing structure adheres to App Store and Google Play Store rules, ensuring compliance and user safety.

Looking ahead, Mythical Games plans to introduce an exciting bidding system for items in the marketplace, enhancing the player experience. Notably, NFT suggestions on iOS are surprisingly affordable, despite the platform’s usual higher pricing for NFTs. The NFTs related to NFL Rivals are built on the Mythical Chain, a blockchain compatible with the Ethereum Virtual Machine, with future plans to migrate to the Polkadot blockchain.

Since its soft launch in April, NFL Rivals has garnered over 2 million downloads, with its official worldwide release aligning with the start of the 2023 NFL season. The collaboration between Mythical Games and NFL Rivals provides fans with a novel way to engage with their favorite NFL teams. The partnership has even led to prominent branding within the Miami Dolphins’ home stadium, offering fans opportunities to win VIP experiences during Dolphins’ home games.

This initiative reflects a growing trend within sports leagues, where Web3-powered games like NFL Rivals aim to enhance fan engagement and generate additional revenue streams. Notably, the platform Sorare has emerged as a leader in this domain, establishing partnerships with major sports leagues such as the NBA, MLB, and top soccer leagues worldwide.

Crypto Gaming’s Risks and Rewards: Navigating Challenges

As cryptocurrency and “play-to-earn” games have become more popular, they have brought new challenges and risks to the gaming world. During this time, people said that CryptoZoo was a scam. The Philippine National Police warned about possible risks in cryptocurrency gaming schemes, citing scams and the lack of anti-money laundering protocols. Players are tempted to play games that may have malware hidden in them by fake rewards. The fact that Axie Infinity is so popular shows how good crypto games can be, but the fact that it was hacked and that its price went up and down shows how vulnerable they can be. Even though it’s appealing, it’s important to be careful because of scams and changes in the market. Stakeholders must adapt to how crypto gaming is changing and find a balance between new ideas and safety.

PlayToEarnGames.com Newsletter 10

Check out the PlaytoEarnGames Newsletter to learn everything you need to know about web3 games. Find out about Zynga’s revolutionary Web3 game Sugartown and how it uses Ethereum NFTs. Find out about the $13 million funding boost that ZTX got, which is helping Web3 take off. In Gods Unchained, Pauper Mode is added to level the playing field. Axie Infinity’s Project T is a virtual social world that brings players together. The NFT series from Morra Games, called The Awakening, is shown. It is an interactive, community-driven experience. No matter how the market changes, you should always know about the latest trends in play-to-earn games. Accept that crypto, non-fungible tokens (NFTs), and immersive games are all changing.

Knights of Cathena: Revolutionizing Gamefi in Web3

“Knights of Cathena” stands out as a multiplayer turn-based play-to-earn strategy game within the web3 ecosystem, gaining significant recognition as a top Gamefi project in the industry. This PvP-focused game offers a captivating blend of action and strategy, set in a fantastical world. Players can earn Cathena Gold ($CGO) tokens while also collecting utility-enhancing NFTs. The game features four character classes—Knights, Archers, Mages, and Clerics—each with distinct abilities and roles.

The game’s appeal lies in its accessibility to both web3 and web2 gamers, prioritizing enjoyment while integrating play-to-earn mechanics. Inspired by chess, it combines strategic gameplay with battles. Players can earn tokens and NFTs by formulating effective strategies and achieving victory in battles. “Knights of Cathena” serves as a bridge to the future of gaming, attracting a broad gaming community. Notably, the game is free to play and doesn’t require an entry fee.

The game’s ecosystem extends beyond gameplay, incorporating an intricate inventory system and virtual economy. With its integration into the MultiversX blockchain, it positions itself as a significant player in the web3 gaming landscape, enhancing the overall gaming experience.

Gameplay involves battling dragons, acquiring treasures (represented by $CGO tokens), and utilizing NFTs as valuable in-game assets. The game simplifies the entry into web3 for players, offering accessible wallet options and fostering a rewarding experience. The $CGO token’s value increases as the player base grows.

“Knights of Cathena” shines with its engaging storyline, immersing players in the world of Altea. The captivating lore and world-building contribute to its popularity on both MultiversX and the wider web3 scene. Beyond being a game, it offers a platform for collaborative gameplay, encouraging players to work together and share rewards.

The inclusion of Noble Houses provides a sense of community, allowing players to connect and collaborate. Interactive elements such as chats, Discord sessions, and streaming events add to the sense of unity. The game’s partnership with prominent entities like Epic Games, Apple, and Google Play further underscores its promising trajectory.

In essence, “Knights of Cathena” has established itself as a standout play-to-earn web3 game due to its engaging gameplay, inclusivity, play-to-earn mechanics, and community-building features. With its integration into the MultiversX blockchain and strategic partnerships, the game is poised for continued growth and success in the evolving landscape of web3 gaming.

ZTX Raises $13M for Web3 Revolution – Unlocking ZEPETO’s Potential

Jump Crypto’s substantial investment of $13 million has significantly bolstered the impact of ZTX, a Web3 virtual world and creator platform. ZTX’s seed funding round was driven by Jump Crypto, propelling its potential for Web3’s global adoption. ZTX, known for its 3D environments, is gearing up to launch its Genesis Home Mint featuring thousands of distinct 3D District Homes.

Key investors such as Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group joined forces to ensure the success of this funding round. Leveraging the success of its Web 2.0 counterpart, ZEPETO, which has amassed a staggering 400 million users, ZTX has tapped into ZEPETO’s extensive reach.

ZEPETO, a mobile-centric platform, holds a valuation exceeding $1 billion and stands as Asia’s largest “Web2” metaverse community. It ranks fourth globally among metaverse platforms, following the likes of Roblox, Fortnite, and Minecraft. ZEPETO is expanding its scope by entering the NFT space, adding to its competitiveness against other metaverse platforms.

ZTX’s team, comprising professionals from Apple, Roblox, and various Web3 ecosystems, aims to accelerate Web3 technology adoption worldwide. Co-CEO Chris Jang expressed enthusiasm about their upcoming token launch and their dedication to creator infrastructure development.

Jump Crypto, a significant contributor to the seed funding, has a track record of backing projects such as Xverse, FOMO Pay, and AscendEX. ZTX’s collaboration with industry leaders and its commitment to cutting-edge technology have positioned it as a leader in the field.

With this funding injection and extensive partnerships, ZTX is poised to achieve its objective of advancing Web3 infrastructure and creating distinct 3D environments. The support from the gaming community and the commitment to expanding the Web3 gaming landscape have played pivotal roles in ZTX’s journey.

Parallel NFT Trading Card Game Preview

Parallel is an upcoming NFT trading card game that stands out in the realm of web3 gaming. While popular games like Gods Unchained, Splinterlands, and Axie Infinity have already made their mark, Parallel aims to raise the bar with its unique features. The game boasts exceptional graphics set in a captivating sci-fi world, offering players an enticing blend of futuristic aesthetics and a space opera narrative. What truly sets Parallel apart is its incorporation of five distinct “parallels” or factions, each with its own style and strengths.

In Parallel, players construct custom decks of 40 cards to engage in battles where the objective is to reduce the opponent’s HP to zero. The gameplay involves tactical decision-making and strategic card play. The game’s addictive nature is fueled by its innovative mechanics, high-quality 3D graphics, and the diversity of its factions.

The game’s visuals distinguish it from other web3 card games, leaning towards a dark and serious sci-fi aesthetic reminiscent of Hearthstone. While seasoned trading card game players will find the mechanics familiar, new players might face a steeper learning curve due to the unique faction mechanics.

Parallel features five distinct parallels, each with its own backstory, aesthetics, and play style:

Earthen Parallel: Focused on defense and strategic gameplay with self-healing abilities.
Marcolian Parallel: Emphasizes offense over defense, favoring quick, aggressive matches.
Kathari Parallel: Utilizes clones to overwhelm opponents quickly.
Augencore Parallel: Offers card upgrades and the creation of powerful unique cards.
Shroud Parallel: Unique “Singularity” mechanic enables card theft and mysticism.
Strategic deck management is crucial across all parallels, involving careful sequencing and decision-making. The game’s balance and how the inclusion of strong cards as NFTs might impact gameplay remains a question.

Parallel’s ecosystem includes Ethereum-based NFT cards and its native cryptocurrency, PRIME. Avatar NFTs provide customization options for profiles, and most playing cards are available as NFTs, with customizable abilities. Winners of ranked matches earn PRIME based on their deck composition and ownership of Avatar NFTs.

Parallel’s universe expands into comic books, further enriching its sci-fi world. In closed beta, Parallel offers a promising blend of competitive card gameplay and crypto elements, offering a fresh take on the NFT-driven trading card game genre.

Stardust Unveils Innovative Wallet-as-a-Service for Web3 Games and NFT Projects

Stardust’s new and innovative Wallet-as-a-Service (WaaS) feature is changing the way web3 gaming and NFT work. Stardust makes it easy to manage digital assets across multiple EVM-compatible chains. This gives developers more freedom than ever before. WaaS makes it easier for users to get started and makes games more accessible, while Stardust Vault protects custodial wallets with multiple layers of security. Stardust is paving the way for a future where blockchain-based games do well. It is positioning itself as a driving force in the evolution of the metaverse, as partnerships like MetaDOS show.

Netflix’s Bold Leap: Revolutionizing Gaming Through Seamless Streaming

Netflix is getting into the gaming industry with new ways to stream games. This is a good way to use Netflix’s reputation for offering cutting-edge entertainment. Netflix is changing from a place to watch movies and TV shows to a place to play games. It will do this by using streaming technology to make gaming on multiple devices run smoothly. The strategic move is in line with how people’s tastes are changing by offering long, complicated games through the cloud. Even though it’s still being tested, this method opens up gaming to more people because it doesn’t depend on hardware. This suggests a brighter future for gaming. Netflix’s move into gaming shows the appeal of a multibillion-dollar industry, fights stereotypes, and makes demographics more diverse. The company’s commitment to cloud gaming shows that it is ready to change entertainment once again.

Play to Earn Crypto: Power of NFTs and Blockchain Gaming

Welcome to the world of “play to earn” crypto games, where a big change is happening at the intersection of virtual games and digital money. The combination of blockchain technology and game mechanics has led to a game-changing phenomenon in which players not only go on quests for in-game achievements but also earn real-world cryptocurrencies and highly sought-after non-fungible tokens (NFTs) as rewards. This article goes into the fascinating world of “play-to-earn” crypto games and looks at how they change the way players interact with virtual worlds and the promise of money.

Zynga Unveils Ethereum-based Web3 Game ‘Sugartown’ with Ora NFTs

Zynga, a prominent mobile game developer, has introduced its first Web3 game called ‘Sugartown,’ which utilizes Ethereum-based NFTs known as Ora tokens. This move signifies Zynga’s entry into the blockchain-based gaming space after achieving success with popular titles like Farmville and Words With Friends.

‘Sugartown’ is set in a fantastical world where players use Ora NFTs to access the game and participate in various activities and minigames. These NFTs also have the unique feature of being “staked” to earn in-game currency. The game’s storyline revolves around imaginative creatures called Oras that transform Sugartown into a vibrant hub of entertainment and engagement.

Zynga’s Vice President of Web3, Matt Wolf, expressed excitement about the launch of Sugartown, highlighting the company’s commitment to creating sustainable and enjoyable experiences within the Web3 framework. The game is designed to cater to the Web3 audience while also evolving over time to meet the preferences of Zynga’s existing user base.

Zynga’s foray into Web3 gaming aligns with the broader trend of blockchain technology’s integration into the gaming industry. The company’s history of innovation, combined with the adoption of NFTs and Ethereum, sets a precedent for other major players in the gaming sector to explore similar avenues.

The unveiling of Sugartown serves as a significant step towards Zynga’s goal of establishing a strong presence in the decentralized gaming landscape, potentially influencing the future trajectory of the industry as a whole.

Web3 Gaming: Immutable’s zkEVM Partnership with Polygon Labs

The partnership between Immutable and Polygon Labs marks a significant advancement in the world of Web3 gaming through the implementation of zkEVM technology. Immutable, a pioneer in Web3 gaming, has developed the Immutable zkEVM (Zero-Knowledge Ethereum Virtual Machine), which aims to address challenges related to scalability, compatibility, and accessibility on the Ethereum blockchain. By collaborating with Polygon Labs, this innovative project aims to revolutionize the gaming landscape.

The initiative was set in motion when Immutable announced its collaboration with Polygon Labs, with the shared objective of enhancing gaming experiences on the Ethereum blockchain. The zkEVM, powered by zero-knowledge proofs, ensures secure transfers between itself and the Ethereum network. This sophisticated security protocol provides developers a safe environment to test the mainnet version of the network. A standout feature of Immutable’s zkEVM is its compatibility with all Ethereum applications, facilitating seamless migration for developers and optimizing the benefits of the new ecosystem.

The partnership has garnered support from more than 20 prominent gaming companies, including industry giants like GameStop, TokenTrove, Kongregate, and iLogos. This collective enthusiasm highlights the transformative potential of zkEVM in the gaming realm. Notably, several games have already embraced the zkEVM network for developing Web3 games, with titles such as CoinArcade, Galaxy Commanders, and MetalCore leading the way. MetalCore’s beta launch on the Immutable zkEVM platform is scheduled for September 15, showcasing the tangible progress achieved through this technology.

Alex Connolly, Co-Founder and Chief Technology Officer of Immutable, plays a pivotal role in shaping the platform’s vision and innovation. He envisions that developers will be drawn to the zkEVM network due to its potential for enhancing game popularity. Connolly’s optimism stems from recognizing that the zkEVM network, along with its suite of platform products, offers a comprehensive EVM solution for gaming success. The ecosystem has already attracted interest from developers, players, and partners, positioning itself to shape the future of Web3 gaming.

Vitalik Buterin, Ethereum’s creator, has taken note of zkEVM discussions beyond Immutable’s confines. Buterin acknowledges the potential benefits and challenges associated with zkEVMs. He highlights the technology’s capacity to enhance Ethereum’s scalability, while also acknowledging potential issues related to data handling and speed.

This discourse between innovators and visionaries underscores the delicate balance between creativity and practicality. As Immutable continues to develop the zkEVM network, Buterin’s insights reinforce the notion that this technology holds the power to significantly impact Ethereum’s future trajectory.

The Immutable zkEVM chain introduces a transformative shift in blockchain gaming. Unlike generic chains, this dedicated network is tailored specifically for gaming purposes. Boasting compatibility with EVMs, low costs, scalability, and enterprise-level security, Immutable zkEVM combines Ethereum’s capabilities with zk-rollup technology, streamlining the utilization of its gaming product suite.

Immutable zkEVM is tailored to cater to the unique demands of the gaming industry, prioritizing speed, scalability, and user experience. Its overarching goal is to empower game studios by enhancing revenue streams, ensuring community safety, and delivering a seamless gaming experience. With the launch of Immutable zkEVM Testnet, developers gain the tools to create or migrate smart contracts, design in-game assets, experiment with economic models, and utilize platform products in a risk-controlled environment.

As the collaboration between Immutable and Polygon Labs unfolds and more games find a home on the zkEVM network, the gaming community anticipates the revolutionary impact it promises. The Immutable zkEVM project represents a pioneering leap toward the maturation of Web3 gaming, offering easy integration of Ethereum applications, attracting major gaming partners, and securing the endorsement of Ethereum’s founder.

In summary, the partnership between Immutable and Polygon Labs is set to reshape the landscape of Web3 gaming with the introduction of zkEVM technology. This collaboration addresses key challenges and has garnered significant support from major players in the gaming industry. The Immutable zkEVM network offers a purpose-built solution for gaming, and its implementation is poised to catalyze a transformative shift in the Web3 gaming ecosystem.

Binance Shuts Down Binance Connect Amidst Industry Shakeup and Regulatory Battle

In a significant development, Binance, a prominent player in the cryptocurrency exchange realm, has announced the discontinuation of its year-long project, Binance Connect. This move has reverberated throughout the cryptocurrency industry, signaling a shift in the landscape. Binance Connect, formerly known as Bifinity, aimed to facilitate cryptocurrency payments for traditional businesses and establish connections between decentralized digital currencies and traditional financial systems. Notably, it collaborated with major credit card companies like Visa and Mastercard, supporting a variety of cryptocurrencies. The closure of this service has stunned the crypto sector.

Binance’s strategic trajectory is evolving in response to market dynamics, exemplifying its commitment to enhance services and attain long-term objectives. Over the past six years, Binance’s evolution has transformed it from a mere cryptocurrency exchange into a comprehensive global blockchain ecosystem encompassing diverse components.

A spokesperson from Binance emphasized the company’s adaptive approach to cater to evolving customer needs and industry trends. The spokesperson’s communication to CoinDesk highlighted the periodic review of products and services to maintain alignment with long-term strategies.

In March 2022, the launch of “Binance Connect” exemplified the platform’s adaptability by facilitating merchant acceptance of cryptocurrency payments. This initiative aimed to bridge the gap for businesses to embrace cryptocurrencies in everyday transactions, streamlining their path to becoming “crypto-ready.”

Despite these changes, Binance remains committed to delivering pioneering services and fostering global cryptocurrency adoption. This dedication endures as the company adapts its business model to stay attuned to the ever-changing cryptocurrency market.

Binance is concurrently navigating regulatory challenges, as evidenced by its petition for a temporary restraining order against the U.S. Securities and Exchange Commission (SEC). The SEC’s broad and challenging information requests prompted Binance’s move, aiming to restrict the scope of the SEC’s actions, particularly concerning employee depositions. This legal maneuver is part of Binance’s response to the SEC’s allegations of deceptive practices, mishandling of customer funds, and dissemination of false information. Binance vehemently denies these claims and aims to contest the SEC’s information requests and perceived inflexibility.

The outcome of Binance’s legal tussle with the SEC carries considerable implications. It could potentially reshape the dynamics of interactions between cryptocurrency exchanges and regulatory bodies. This shift might influence compliance procedures, information sharing protocols, and investigative practices, consequently impacting the broader cryptocurrency market.

As the situation unfolds, industry experts closely monitor ongoing court proceedings to gauge the ramifications of Binance’s decisions. This outcome has the potential to reshape the cryptocurrency landscape, prompting changes in collaboration between government agencies and cryptocurrency exchanges, with ripple effects on compliance standards, information sharing norms, and investigative procedures.

Play-to-Earn Crypto Games 2024

Explore the new and exciting world of play-to-earn crypto games, where gaming and blockchain meet. Find out about the top ten games of 2024, such as Decentraland, where you can own virtual land, Tamadoge, where you take care of digital pets, and The Sandbox, where you can make money in creative ways. You can fight strategic battles with Axie Infinity, change the rules for trading with Gods Unchained, and catch powerful creatures in Illuvium. In Splinterlands, you can duel, in Battle Infinity, you can fight, and in Star Atlas, you can explore the universe of Solana. Lastly, in Spells of Genesis, you can get rewards by solving puzzles. Accept that entertainment and making money will coexist in the future.

Metaverse momentum and alliances drive $297 million Web3 game investments in July 2023

Investors showed keen interest in Web3 gaming during July 2023, injecting a substantial $297 million into the sector. This surge in investments was attributed to strategic partnerships and significant developments in both the Web3 and Metaverse realms. The previous month had witnessed a stark drop, hitting a mere $68 million, partly due to regulatory issues involving major players like Binance and Coinbase. Although the count of daily active wallets experienced a slight 0.5% decline, Web3 gaming retained its significance, constituting 41% of the total industry activity. Notably, infrastructure projects received the lion’s share of funding, amounting to $187 million. Prominent companies like Google recognized the transformative potential of Web3 gaming, solidifying its appeal to investors.

DappRadar’s report delved into various aspects of this ecosystem, highlighting unique gameplay mechanics and innovative monetization strategies such as virtual item sales and the “play to earn” concept. The gaming sector accounted for 41% of all blockchain transactions, with WAX boasting the highest count of unique active wallets. Collaboration between entities like CyberKongz and Ronin, along with shifts to platforms like Arbitrum by Mighty Bear Games, shaped the Ethereum Layer 2 gaming landscape. Notably, Google’s decision to embrace Web3 games in its Play Store, albeit with specific conditions, signified a pivotal step forward. The migration of games, like “Mighty Action Heroes,” to platforms such as Arbitrum demonstrated their growing adoption.

Despite market fluctuations, July underscored the industry’s resilience and growing confidence. Investments not only reflected optimism in the Metaverse and virtual realms but also showcased faith in the potential of blockchain technology. The trajectory of blockchain’s integration into gaming was exemplified by notable projects on platforms like Ronin, reflecting a paradigm shift that promises to redefine the industry’s future. As the month unfolded, the impact of these investments on product development, user engagement, and market expansion remained a focal point. This convergence of gaming, blockchain, and the Metaverse holds tremendous promise for the future, as demonstrated by the substantial strides made in July 2023.

How DAOs help Web3 do well during the NFT’s comeback

In the context of the resurgence of Non-Fungible Tokens (NFTs), the realm of Web3 gaming is strategically incorporating the principles of Decentralized Autonomous Organizations (DAOs) to accelerate the adoption of web3 technologies and blockchain systems.

The ascent of the metaverse and the influence of blockchain have propelled Web3 onto the global stage. Although universal adoption of Web3 is still on the horizon, it has garnered substantial support, particularly from tech enthusiasts. Meanwhile, Web 2.0 advocates continue to demonstrate their value proposition.

Distinctive Advantages Offered by Web3:

Digital Ownership:
Web3 introduces a revolutionary concept of true digital ownership, overturning the asset-rental model that prevailed during the Web 2.0 era. Users can monetize various online activities, such as creating and selling art, trading digital assets, renting out items, and securing digital possessions.

Decentralized Control:
In contrast to the centralized nature of Web 1.0, Web3 liberates users from single entry points for data, programs, and resources. Individuals gain complete control over their online experiences.

Despite its merits, the adoption of Web3 has been gradual, primarily embraced by crypto and blockchain enthusiasts. Notably, the gaming industry presents a promising arena for such technologies, even as developers cautiously transition from centralized models to decentralized Web3 alternatives.

The Resurgence of NFTs:

2023 has witnessed a resurgence in NFT sales, fueled by innovative projects and an optimistic outlook. NFTs representing digital or physical assets like sports cards, avatar art, wearables, and in-game items are in high demand across diverse applications. NFTs, through asset tokenization, decentralized finance, and Web3 gaming, empower players as both owners and creators, driving their increased adoption.

Web3 Gaming’s Impact:

The popularity of Web3 gaming is exemplified by instances like Valve’s NFT restrictions resulting in substantial losses for the CS:GO community. Novel generations of engaging games are in development, where NFTs’ properties can be dynamically altered to track gameplay history. The blockchain’s immutable record ensures perpetual access to ownership, and players are rewarded for their efforts during NFT transactions.

The Role of Digital Currencies:

Prominent cryptocurrencies like Ether and Bitcoin, alongside NFTs, have demonstrated growth in 2023, albeit with volatility. Regulatory frameworks for digital assets established by various countries signal a maturing landscape, with crypto-friendly domains in the UK, Switzerland, and Hong Kong.

Evolving Web3 Landscape:

Web3’s evolution includes promising applications like AAA games, where NFT statistics can adapt to gameplay changes. The blockchain’s transparent recordkeeping ensures accountability, paving the way for a digital economy where NFTs derive value from utility and market demand.

The Influence of DAOs:

DAOs, powered by smart contracts, are reshaping the landscape, fostering communities, and enabling stakeholder-driven governance. DAOs empower players and collectors to confer real value upon NFTs, departing from Web 2.0’s centralized control paradigm. DAOs’ collaboration and competition dynamics encourage Web3 adoption, transcending gaming to fintech and other domains.

DAO Applications:

DAOs extend beyond gaming to areas like fintech, enabling fast and cost-effective peer-to-peer transactions. These decentralized structures empower collective ownership, particularly suitable for non-hierarchical groups pursuing common goals.

Web3 Games’ Essence:

Web3 games mirror fundamental human desires for empowerment, autonomy, and achievement. Healthy competition and cooperation within these games enhance engagement, aligning with users’ desire for agency. The integration of DAOs amplifies these elements by granting players financial authority and group management.

Summary: DAOs’ Role in Web3’s NFT Resurgence:

Amidst the renewed prominence of NFTs, DAOs are being harnessed to enhance Web3’s capabilities. The fusion of NFTs’ resurgence and DAOs’ influence is reshaping decentralized experiences, accelerating web3 and blockchain adoption. The conjunction of NFTs’ return and Web3 gaming is driving a paradigm shift, ushering in a dynamic digital economy built on decentralized principles, collaboration, and interactive entertainment.

GameStop’s Crypto Experiment: NFT Marketplace Launch and Quick Exit

GameStop, a well-known video game retailer, entered the cryptocurrency arena with the launch of its own marketplace for NFTs and cryptocurrencies, aiming to establish a presence in this rapidly evolving space. However, the company’s crypto journey was short-lived as it abruptly announced its withdrawal from the crypto market and the discontinuation of its marketplace. This unexpected decision was attributed to the “regulatory uncertainty of the crypto space.”

GameStop’s foray into the crypto world involved the launch of its proprietary NFT marketplace and a commitment to support crypto games and innovation. Other gaming companies, such as Ubisoft and Square Enix, had also ventured into the NFT market to capitalize on emerging trends. However, GameStop’s plans were disrupted by regulatory challenges and internal changes.

The regulatory landscape for cryptocurrencies and NFTs has been rapidly changing, with the U.S. Securities and Exchange Commission (SEC) taking actions against major crypto exchanges. This regulatory uncertainty played a role in GameStop’s decision to cease its crypto-related initiatives, including crypto wallet services.

The departure of CEO Matt Furlong marked a turning point for GameStop’s crypto strategy. Furlong had already indicated a shift in the company’s stance toward the crypto industry, expressing caution about risking shareholder money in the volatile crypto market. The departure of crypto wallet engineers further indicated a shift in priorities away from the NFT sector.

The decision to step back from the crypto landscape has implications for GameStop’s future. As the gaming industry transitions toward digital delivery, GameStop’s traditional business model faces challenges. The company’s stock price has been volatile due to factors like the “meme stock” phenomenon, leading to questions about its sustainability.

In summary, GameStop’s venture into the crypto world through its NFT marketplace was short-lived due to regulatory uncertainties and shifting internal priorities. This decision reflects the challenges traditional companies face in adapting to the rapidly changing digital landscape.

PayPal Stablecoin Launch: Shaping Crypto Trends in the Web3 Era

PayPal has made a groundbreaking entry into the world of crypto by launching its own stablecoin, potentially setting off a significant trend in the crypto space as it transitions towards the web3 era. This move has garnered attention from prominent players in technology and finance, who are considering their own stablecoin offerings in partnership with Paxos. These developments indicate a growing interest in stablecoins backed by tangible assets, like the US dollar.

Walter Hessert, Paxos’ Head of Strategy, has revealed ongoing discussions with major corporations about integrating stablecoins into their operations. The popularity of stablecoins, digital assets supported by collateral and pegged to established currencies, has surged. Tether (USDT) and USD Coin (USDC) are among the top cryptocurrencies. PayPal’s entry into this domain is also bolstering Paxos’s white-label service.

Stablecoins’ rising prominence is evident in Tether’s substantial profits and Circle’s growing asset base. While the demand for dollar-pegged tokens might not be extremely high, the potential of the stablecoin market is significant. This trend aligns with PayPal’s strategy to expand payment flows and explore new revenue avenues beyond traditional trading.

The introduction of PayPal’s native digital currency, PYUSD, for merchant-customer transactions marks a bold venture into the uncertain territory of stablecoins. This step aligns with the broader trend of tokenizing financial instruments and highlights the evolving nature of information exchange. As the total transaction capitalization of stablecoins hits $130 billion in 2023, institutions and governments are becoming more intrigued by asset-backed tokens, suggesting a potential shift in mainstream crypto payments.

The launch of PYUSD could also trigger regulatory discussions on stablecoins, potentially influencing how cryptocurrencies are governed. PayPal’s stablecoin addresses various concerns by offering person-to-person payments, purchases, and transfers, all fully backed by the US dollar. This comprehensive approach could impact stablecoin regulations and the overall cryptocurrency landscape.

In summary, PayPal’s entrance into the stablecoin market has the potential to initiate a transformative trend within the crypto sector as it navigates the web3 era. The move towards stablecoins, tokenized financial instruments, and the introduction of PYUSD demonstrates the shifting dynamics of digital finance and its intersection with regulatory considerations.

PlaytoEarnGames.com Newsletter 9

This week’s Web3 gaming industry updates cover a wide range of topics, including the ongoing legal battle between Apple and Epic, which has an effect on the tech and gaming industries as a whole. HyperPlay has improved its launcher by adding Web3 games and cryptocurrency wallets. Copenhagen Fashion Week and “Drest” are examples of metaverse shifts because they mix the real and digital worlds of fashion. Elixir Games and Gala Games work together to reach more people. Voxie Tactics is adding an in-game NFT market, and Phantom Galaxies is putting out an open beta with some interesting features. Upland goes all the way to Tokyo, connecting the digital and cultural worlds. Legal battles, partnerships, and new ideas for the metaverse are all part of how web3 gaming is changing.

Illuminati Capital’s Impact and Vision in the Web3 Landscape

Illuminati Capital, a trailblazer in blockchain and decentralized technologies, is making a profound impact on the emerging Web3 landscape. The prominent company recently raised a substantial $50 million fund dedicated to the Web3 ecosystem. Distinguished by its unique approach to venture investing, Illuminati Capital stands out among investment firms. Concentrating on early-stage startups and boasting a formidable consortium of partners, the firm is poised to wield significant influence in the ever-evolving Web3 realm. Let’s delve into the key concepts and strategies that define this innovative venture capital enterprise.

Unveiling Illuminati Capital’s Accomplished Investor Team

Illuminati Capital boasts an impressive array of partners with diverse backgrounds and a long track record of achievements. The trio of investors collectively invested nearly $1 billion in blockchain-based startups. Notably, Vickaash Agrawal, a partner at the firm, has secured an exceptional reputation through over 120 successful blockchain investments. His expertise spans data analysis, infrastructure development, regulatory comprehension, and mining, all of which prove invaluable in the dynamic and intricate Web3 domain.

Dhaval Parikh, another partner at Illuminati Capital, adds strength with his extensive experience in blockchain investment. With a comprehensive grasp of the Web3 landscape spanning more than five years, Parikh contributes significantly to due diligence, risk assessment, portfolio management, and trend analysis. His background in venture capital enhances his ability to pinpoint promising opportunities that harmonize seamlessly with the company’s objectives.

Completing the triumvirate is Laura K. Inamedinova, a partner and CEO of LKI Consulting. Armed with a marketing prowess cultivated through servicing over 250 clients, Inamedinova plays a pivotal role in supporting portfolio companies with community building, branding, marketing strategies, and user acquisition. This holistic strategy ensures that the projects backed by Illuminati Capital garner the requisite attention and traction for early-stage growth.

Investment Focus and Forward-Looking Strategy

Illuminati Capital directs its investments across a diverse array of projects, underscoring a commitment to diversification and seizing opportunities in varied technological domains. Its involvement in decentralized finance (DeFi), blockchain gaming, artificial intelligence (AI), NFT infrastructure, and real-world assets (RWA) underscores the expansiveness of the Web3 landscape. Through this targeted approach, Illuminati Capital aspires to wield substantial influence in shaping the decentralized economy of the future.

Setting itself apart from competitors, the firm’s investment methodology is characterized by its partners’ expertise and a history of astute blockchain investments. Illuminati Capital’s investments of $30 million in various Web3 projects have appreciated to a combined value exceeding $150 million, illustrating its aptitude for identifying projects with considerable growth potential. Armed with this insightful data, the firm curates a portfolio that seamlessly aligns with its strategic objectives.

Engagement and Holistic Support

Illuminati Capital’s commitment to its portfolio extends beyond financial backing. The diverse backgrounds of its partners empower them to provide founders with tailored guidance and hands-on collaboration. Startups benefit from personalized advice informed by the partners’ collective proficiency in data analytics, marketing, blockchain technology, and venture capital.

Moreover, the firm actively aids portfolio companies through practical involvement. Illuminati Capital goes the extra mile to ensure the success of its investments, encompassing activities such as exchange listings, business development, public relations, and collaboration with key opinion leaders (KOLs). This comprehensive support system facilitates accelerated growth for startups, enabling them to navigate challenges and capitalize on opportunities within the competitive Web3 landscape.

Linking Tangible Assets to the Digital Frontier

At the heart of Illuminati Capital’s strategic vision lies the fusion of physical assets with the burgeoning digital realm. The company spearheads the utilization of blockchain technology to bridge real-world possessions and activities with the nascent digital landscape. Through investments in sectors like digital currency (DeFi), blockchain gaming, and NFT infrastructure, Illuminati Capital pioneers the connection between today’s centralized economy and the decentralized economy of the future.

Emerging as a dynamic catalyst, Illuminati Capital is propelling the expansion and transformation of the Web3 ecosystem. Its visionary investments, hands-on support, and commitment to shaping the decentralized economy distinguish it among venture capital entities. Backed by partners with comprehensive expertise spanning diverse domains, Illuminati Capital is primed to leave an indelible mark on the unfolding Web3 narrative.