Best P2E Games

Crypto Deals in Web3 Sector

Crypto Deals in Web3 Sector

Game Review 

Web3 and crypto sectors suffered a massive downfall in 2022 with blockchain projects crumbling and investments almost freezing. Raging crypto winter deterred investors and a number of VC deals paused for a moment. Although the crypto winter had its fair share of downturns, it cleared the industry from getting rich quickly kind of investors. The declining figures pushed short-term fast money grabbers out of the market. Moreover, it also opened up the path for sustainable development. As for the investments, surprisingly, the data was the complete opposite in 2022. It shows that VC investors still believe in Web3

Additionally, Robert Le, a senior analyst at PitchBook, reports that venture capital investors continue to have faith in Web3. In Q3 2022, VCs invested approximately $1.5B into Web3 companies. Although funding has decreased compared to 2021, Web3 remains an attractive area for investors. Moreover, investors and experts view Web3 as having significant potential.

Top 5 Web3 VC Deals in the Spotlight

Mysten Labs ($300M)

Mysten Labs received promising VC funding led by FTX and raised a whopping $300M. Established in 2021, the startup aims to speed up the adoption of Web3. Its plan is to offer infrastructure support through its Sui blockchain. Moreover, the Series B funding round was supported by prominent investors including a16z crypto, Apollo, Binance Labs, Coinbase Ventures, among others. Mysten Labs is working on two projects; Sui blockchain, and Move. Sui is a horizontally scalable, proof-of-stake blockchain with decentralized throughput and storage capabilities. Move is an open-source language with the aim of creating smart contracts.

M2 or Msquared ($150M)

M2’s funding round, led by Andreessen Horowitz and SoftBank Vision Fund 2, raised $150M and was supported by other Web3 and crypto investors. This startup, launched by Improbable, a metaverse technology company, was created with the goal of establishing a network of interoperable metaverses. So, its mission is to enhance metaverse experiences and bring interconnected virtual worlds to reality.

Layer Zero Labs ($135)

A funding round co-led by Sequoia Capital, FTX Ventures, and Andreessen Horowitz raised $135M and was supported by other leading venture capital firms. This Web3 startup aims to bring together decentralized applications across multiple blockchains. Furthermore, it plans to achieve this by unlocking a borderless future in the process, according to Ryan Zarick, the CTO and co-founder. With its omnichain dApps, users can interact with applications existing on multiple blockchains, without even realizing that communication is happening seamlessly through LayerZero.

Magic Eden ($130M)

A Series B funding round co-led by Electric Capital and Greylock Partners raised $130M. Magic Eden’s NFT marketplace, launched only 1.5 years ago, saw its valuation reach $1.6 billion in June 2022. COO Zhuoxun Yin commented, “These numbers only further validate the market and industry we’re in, showing that there’s strong investor interest in investing in this market.”

5ire ($100M)

The company received $100M in Series A funding from SRAM & MRAM Group, valued at $1.5 billion. Moreover, 5ire is a Web3 startup, a 5th-generation Layer-1 blockchain network, and the fastest-growing unicorn in India. According to CEO and Founder Pratik Gauri, the company is on a mission to integrate sustainability into blockchain and change the focus from “for-profit” to “for-benefit.

Play to Earn Games News

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Crypto Deals in Web3 Sector

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Related P2E Games: Play To Earn Crypto, NFT, Web3

MekaApes – Game Review

MekaApes are a highly advanced ape species that have spent thousands of years traveling through the vast expanse of space. These NFT (non-fungible token) creatures are known for their intelligence, strength, and resilience, and have become one of the most sought-after species in the galaxy. Whether you’re a collector of rare NFTs or just a fan of these amazing creatures, MekaApes are sure to capture your imagination and provide endless entertainment. MekaApes are a highly advanced ape species that have spent thousands of years traveling through the vast expanse of space. These NFT (non-fungible token) creatures are known for their intelligence, strength, and resilience, and have become a highly sought-after species among collectors of rare NFTs. MekaApes are also popular among those who simply enjoy learning about and experiencing the unique characteristics of these amazing creatures. Whether you’re interested in collecting MekaApes as NFTs or just want to learn more about these fascinating space-faring apes, MekaApes offer endless entertainment and appeal. They came and found a planet coated in metallic waste materials one day while looking for new resources. When they came to this unknown planet, they found mini robot creatures that were made from scrap metal, they were called the Robo Oogas. Robo Oogas are a hardworking breed, and they’ve created factories to turn scrap metal into valuable $OG, which they use to create new Robo Oogas and expand the population. Each freshly generated Robo begins as a Scrap Scout and can progress through the levels to become an executive bot. Robo Oogas are a highly capable and self-sufficient species. However, because they are freely exposed to the dangers of the cosmos, they are easy targets for the Space Droid Federation, an evil organization that steals from the Robos Oogear on a regular basis. To protect themselves from the ruthless Space Droid Federation, the Oogas formed a deal with the MekaApes to protect the factories from the nasty Droids in exchange for $OG. The MekaApes are a formidable race that, when in a combined group, can protect the factories even better. Mega Mekas earn a higher part of the $OG created in the factory because merging burns a significant quantity of resources. The formidable merging Mekas are occasionally handed newly produced Robo Oogas as a tribute for their assistance in defending the Robos.

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Nyan Heroes – Game Review

Nyan Heroes brings cats as heroes in a sci-fi inter-galactic blockchain battle game. Come join in a world where Cats (Nyan) are in a battle with each other, assisted by their Guardian Robots. The game is in a shooter-styled format where Nyans (cats) are in a battle royale with only one aim which is to eliminate others. Moreover, the best thing about the game is that the cats and the robots are cute-looking, retro, 3D cyberpunk-styled characters. These eye-pleasing characters are NFTs which are collectibles in the game economy. The game uses the Unity game engine allowing the developers to create those crisp 3D graphics and interfaces. So, unlike any other crypto/NFT play 2 earn sci-fi games there is little focus on the visuals, Nyan Heroes is a game that is appealing not only gameplay-wise but also visually. The game showcases a dystopian post-apocalyptic world ruled by warring cats. Moreover, accessories, skins, and weapons for the Nyan and their Guardian Robots are also tradeable NFTs. So, the up-gradation of characters helps raise their value in the game’s marketplace. Nyan Heroes Tokenomics: The more Nyans a player has, the more stronger and powerful the player becomes in the game. Moreover, the in-game economics enable the players to fight each other in battles or campaigns to earn $NYN (Nyan) tokens. These Nyan Tokens can also be bought directly, however, there is a limited number of those. Nyan Heroes game economy runs on another token $CTNP (Catnip), which will be helpful for the players to buy new weapons, craft them, upgrade them, or even buy other in-game virtual tools, land plots, and equipment. The game is built upon the Solana blockchain technology which is a stable game coin.

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Wam App – Game Review

Check out WAM, the play-and-earn app that combines online games, social connections, and rewards for the ultimate social gaming experience. Compete against real people from all over the world in our fun and easy-to-play tournaments to win NFTs, crypto, status, and collectibles backed by blockchain technology. How to play-and-earn in WAM app? The Wam App is a platform that lets you play and understand a wide range of very casual games. Players must sign up for a public or private tournament to play a game. Each tournament has its own entry fee and prize pool in WAM Tokens. Every time a new player joins the tournament, the prize pool grows. Players can join public or private tournaments and compete to win a share of the prize pool, which is shown in WAM Tokens. Each tournament has an entry fee that includes WAM Tokens, which are added to the prize pool. The goal is to get the highest score and rank possible, and players can keep playing up to three times after starting over by paying a small amount of WAM Tokens. This means that everyone has the same chance of winning, no matter how much money they have. To win, players must get the highest possible score and ranking. Players can also pay a small amount of WAM Tokens to keep going with their current score for up to three more tries. After three tries, the game starts over from zero. Real-time rankings let players see how they’re doing and know when other players beat them. The goal of the game is to get the best score and place. Up to three times, players can use a small number of WAM Tokens to keep going from a certain score. After that, the game is reset to zero. The ranking for the event is shown in real time, so players can see when other players beat their score. At the end of the event, the people with the most points win prizes from the reward pool. These prizes are paid out in WAM Tokens to their wallets. The Wam app has a variety of super-casual games and tournaments that give players different ways to earn WAM Tokens. Players can take part in both public and private tournaments. The entry fee and prize pool for each event are shown in WAM Tokens. The goal of the games is to get the highest score and rank possible. For a small amount of WAM Tokens, you can continue from a certain score. With real-time rankings, players can see how they’re doing and compete for prizes at the end of the event. In the Rewards Center and Daily Challenges, there are different ways to earn WAM Tokens that change often.

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Bitverse – Game Review

Bitverse is a universe of games that offers a diverse range of genres, including PVP, TCG, and Battle Royale. At the heart of Bitverse are unique characters known as “Bitverse Heroes,” which players can collect and use to compete in various games within the universe. In addition to the exciting gameplay, Bitverse also features NFTs that players can earn and own. These NFTs add an extra layer of collectibility and ownership to the game and allow players to express their unique personalities and styles. Whether you are a seasoned gamer or new to the world of NFTs, Bitverse has something to offer for everyone. Bitverse is a gaming universe developed by Kongregate, a well-known American web gaming portal and video game publisher. At the center of the gameplay in Bitverse are unique characters known as “Bitverse Heroes.” These heroes are customizable and can be modified by players to suit their own tastes and preferences. Players can also improve and use their heroes in a variety of ways throughout the game. With its customizable heroes and diverse range of gameplay options, Bitverse offers an immersive and engaging gaming experience for players of all levels. Upcoming Games in Bitverse: Bitverse is a gaming universe that is set to launch with three initial games: an RPG, a battle royale, and an endless runner. These games will offer unique gameplay systems, but will also share some traditional RPG elements such as fighting, leveling up, collecting equipment, and upgrading that equipment to increase power. While these three games mark the beginning of the Bitverse universe, the plan is to add additional games across genres in the future, expanding the universe even further. Whether you are a fan of RPGs, battle royales, or endless runners, Bitverse has something to offer for every type of gamer. Competition is an integral part of the gaming experience, and the developers are committed to fostering a healthy and engaging competitive environment for players. This will be achieved through live events and prize giveaways, which will reward the most skilled and engaged members of the Bitverse community with player-owned items.

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Best P2E Games list 2024

Crypto Deals in Web3 Sector

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

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

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

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

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

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

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