Daily News: Latest News Blockchain and NFT News Roundup – October 2023

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Welcome to our comprehensive roundup of the latest developments in the dynamic world of blockchain, NFTs (Non-Fungible Tokens), and Web3 technologies, spanning the month of October 2023. In this article, we delve into the ever-evolving landscape of blockchain gaming, where Axie Infinity’s new rewards system and Origins Season 6 mark the latest trends. We explore how NFTs are leaving their digital mark on the physical world, from statues to fashion campaigns. Additionally, we highlight the surge in player-centric Web3 tools and the integration of NFTs in gaming, all while major names like Moncler, Adidas, and Paul Frank enter the metaverse. Solana’s meteoric rise, regulatory developments in cryptocurrencies like XRP, and the burgeoning blockchain venture capital scene also take center stage. Join us for a comprehensive exploration of the trends, partnerships, and market dynamics shaping the blockchain and NFT ecosystem in this action-packed October 2023 roundup.

The blockchain and NFT landscape continues to evolve rapidly, with a flurry of developments in recent days. From gaming to cryptocurrency, here’s a comprehensive update on the latest news:

Axie Infinity’s New Rewards and Battle Pass System

Axie Infinity, a leading blockchain-based game, has unveiled its new rewards and Battle Pass system with the launch of Origins Season 6. This season promises to be the most competitive and accessible yet, underlining the ongoing evolution of blockchain gaming.

Star Atlas Unlocks Open Source Modding Tools

Star Atlas, a part of ATMTA’s metaverse, has opened access to open-source modding tools for its space economics simulation, Sage Labs. The response from developers to these tools has been highly anticipated, potentially opening up new avenues for creative exploration within the metaverse.

Dogecoin NFT Community ‘Own The Doge’ Installs Kabuso Dog’s Statue in Japan

In a unique twist, the Dogecoin NFT community ‘Own The Doge’ has announced the installation of Kabuso Dog’s statue in Japan. Kabosu, the real-life dog behind the Dogecoin meme, continues to play a prominent role in internet culture.

Line Next Launches Sweet Monster Guardians Web3 Game

Line Next has introduced Sweet Monster Guardians, a Web3 game based on the popular South Korean character brand, Sweet Monster. This innovative game incorporates non-fungible tokens (NFTs) into its gameplay, adding a unique dimension to the gaming experience.

New Player-Centric Web3 Tools Prioritize Gamers

The gaming industry is seeing the introduction of player-centric Web3 tools aimed at enhancing the gaming experience. These tools harness the power of blockchain technology to provide a more immersive and inclusive gaming environment.

OKX Wallet Web Extension Now Supports WAWA NFT

OKX Wallet Web Extension has expanded its support for NFTs by including WAWA NFTs in its offering. This integration further highlights the growing role of NFTs in the cryptocurrency ecosystem.

OpenSea Launches ‘Studio’: A New NFT Management Platform for Creators

OpenSea, a leading NFT marketplace, has introduced ‘Studio,’ a new NFT management platform tailored for creators. The platform will undergo further enhancements in the coming months, including the addition of features like collection pages, roadmaps, and FAQs.

Hong Kong Crypto VC Launches $100M Fund for Asian Blockchain Startups

A Hong Kong-based crypto venture capital firm has unveiled the “Titan Fund,” a $100 million fund dedicated to supporting Asian blockchain startups. The fund has already made investments in five different blockchain projects, two of which are based in Hong Kong.

Friend.tech Rival Stars Arena Boosts Avalanche Activity

The Friend.tech clone, Stars Arena, has significantly increased activity on the Avalanche blockchain, resulting in an 8% rise in the price of AVAX. This demonstrates the impact of blockchain projects on cryptocurrency markets.

Aavegotchi Partners with The Sandbox

Aavegotchi, known for its Gotchi-themed Game Center, has announced a strategic partnership with The Sandbox, further expanding its presence in the metaverse.

Splinterlands Restructures and SOL’s Surge

Splinterlands, a popular blockchain-based trading card game, has undergone restructuring, marking its 5th anniversary. Concurrently, Solana (SOL) has experienced a remarkable 23% surge in the last week, coinciding with the successful launch of its latest NFT collection.

XRP Spikes as Ripple Scores Singapore License

XRP witnessed a spike in price following Ripple’s acquisition of a Singapore license, while the SEC’s failure to appeal had broader crypto markets experiencing a 0.7% drop in the past 24 hours.

The Sandbox and T&B Media Global Announce Partnership

The Sandbox, a prominent metaverse platform, has announced a strategic collaboration with T&B Media Global, marking the beginning of a multi-faceted partnership.

‘Grand Theft Auto’ Dev’s First Crypto Game Sees $5 Million in NFT Trading

Take-Two, the developer behind the “Grand Theft Auto” franchise, has ventured into the crypto space with its blockchain-based game “Sugartown.” This game has generated $5 million in NFT trading, showcasing the gaming industry’s growing interest in blockchain.

PayPal Explores NFTs with New Marketplace Patent

PayPal has expressed interest in the NFT market by filing a patent for a new marketplace. This move comes after the company’s initial steps into the world of stablecoins.

Blockchain Gaming Market Estimated to Reach $772.7 Billion by 2032

A recent report predicts that the blockchain gaming market will reach a staggering $772.7 billion by 2032, driven by the rising popularity of NFTs and digital ownership.

Web3 Retail Trends for 2023

Web3 retail trends for 2023 are being shaped by the NFT rush of the past year, with luxury brands and fashion companies increasingly embracing the digital space.

ADIDAS Joins Moncler in Unveiling AI ‘Explorers’ & Exclusive NFTs

Moncler and Adidas have launched a unique campaign featuring AI avatars, NFTs, and exclusive fashion pieces, creating an immersive digital experience for consumers.

Paul Frank’s Julius the Monkey Enters the Metaverse

Paul Frank’s beloved character, Julius the Monkey, is set to enter the metaverse through a deal with UK web3 studio Reality+. This move reflects the growing presence of established brands in the digital realm.

Battle of Kingdoms: Global Release

The groundbreaking free-to-play cross-platform strategy game, Battle of Kingdoms, is now available worldwide on Android, iOS, and Google Play PC, aiming to redefine the strategy gaming experience.

The blockchain, NFT, and Web3 ecosystems are in constant flux, offering new opportunities and challenges for developers, investors, and enthusiasts. Stay tuned for more updates on these dynamic and rapidly evolving industries.

FAQ – Blockchain and NFT News Roundup – October 2023

Q1: What is the significance of Axie Infinity’s Origins Season 6?

Origins Season 6 in Axie Infinity introduces a new rewards and Battle Pass system. This is significant as it enhances the competitiveness and accessibility of the blockchain-based game, allowing players to earn rewards and engage in exciting battles while holding or trading unique NFT assets known as Axies.

Q2: How are NFTs integrated into gaming, as seen in Line Next’s Sweet Monster Guardians?

Line Next’s Sweet Monster Guardians is a Web3 game that integrates NFTs. Players can own and trade in-game assets as NFTs, providing true ownership and value to in-game items. This trend of NFT integration enhances player experiences and opens up new economic opportunities within games.

Q3: What is the role of open-source modding tools in Star Atlas’ metaverse?

Star Atlas, part of the ATMTA’s metaverse, has introduced open-source modding tools for its space economics simulation, Sage Labs. These tools empower developers to create custom content and modifications within the metaverse, fostering user-generated creativity and expansion.

Q4: How has the Dogecoin NFT community celebrated the iconic Kabuso Dog in Japan?

The Dogecoin NFT community, ‘Own The Doge,’ has honored the iconic Kabuso Dog by installing a statue in Japan. Kabuso Dog is the real-life inspiration behind Dogecoin and internet culture, and this physical tribute showcases the real-world impact of NFTs and their connection to internet phenomena.

Q5: What are player-centric Web3 tools, and why are they significant?

Player-centric Web3 tools prioritize enhancing the gaming experience. These tools leverage blockchain technology to offer players more immersive and inclusive gaming environments. Their significance lies in improving user experiences and promoting blockchain adoption in the gaming industry.

Q6: Can you elaborate on OpenSea’s ‘Studio’ and its features?

OpenSea’s ‘Studio’ is an NFT management platform for creators. It introduces collection pages, roadmaps, FAQs, and multimedia elements like video and images. This platform empowers creators to manage and showcase their NFT collections, fostering creativity and engagement.

Q7: What is the “Titan Fund,” and what is its focus in the blockchain space?

The “Titan Fund” is a $100 million fund launched by a Hong Kong-based crypto venture capital firm. It is dedicated to supporting Asian blockchain startups. This fund is actively investing in blockchain projects, particularly those based in Hong Kong, emphasizing the growth potential of the Asian blockchain ecosystem.

Q8: How has Stars Arena affected the Avalanche blockchain and AVAX price?

Stars Arena, a Friend.tech clone, has driven increased activity on the Avalanche blockchain, resulting in an 8% rise in the price of AVAX (Avalanche’s native cryptocurrency). This illustrates the profound impact that blockchain projects can have on cryptocurrency markets.

Q9: What is Aavegotchi, and how is it expanding its presence in the metaverse?

Aavegotchi, known for its Gotchi-themed Game Center, has partnered with The Sandbox, a prominent metaverse platform. This partnership indicates Aavegotchi’s efforts to expand its presence within virtual worlds, offering users unique experiences and opportunities within the metaverse.

Q10: Can you explain the success of Solana (SOL) and its latest NFT collection?

Solana (SOL) has experienced a remarkable 23% surge in just one week. This impressive performance coincided with the successful launch of its latest NFT collection, signifying the growing popularity of Solana’s blockchain and its thriving NFT community.

Q11: What regulatory developments have impacted XRP and the broader crypto market?

XRP witnessed a price spike following Ripple’s acquisition of a Singapore license. However, the SEC’s failure to appeal had a minor negative impact on broader cryptocurrency markets. This highlights the interplay between regulatory decisions and cryptocurrency valuations.

Q12: How are fashion brands like Moncler and Adidas entering the metaverse?

Fashion brands like Moncler and Adidas are exploring the metaverse by launching campaigns featuring AI avatars, NFTs, and exclusive fashion pieces. This marks their foray into the digital realm, where they engage with consumers in novel and immersive ways.

Q13: Who is Paul Frank, and how is his character entering the metaverse?

Paul Frank is known for his beloved character, Julius the Monkey. A deal with UK web3 studio Reality+ has paved the way for Julius to enter the metaverse. This development showcases established brands’ interest in embracing digital realms and expanding their presence.

Q14: What is the significance of the global release of “Battle of Kingdoms”?

The global release of “Battle of Kingdoms,” a cross-platform strategy game, signifies a shift towards blockchain-powered gaming experiences accessible on Android, iOS, and Google Play PC. This development aims to redefine strategy gaming by leveraging blockchain technology for a seamless cross-platform experience.

Q15: How are luxury brands and fashion companies participating in Web3 retail trends?

Luxury brands and fashion companies are actively participating in Web3 retail trends post-NFT rush. They are exploring digital spaces, diving into the non-fungible token (NFT) and metaverse domains to engage with their audience and offer unique digital experiences.

Q16: What can you tell us about Take-Two’s blockchain-based game, “Sugartown”?

Take-Two, the developer behind the “Grand Theft Auto” franchise, has ventured into the crypto space with “Sugartown.” This blockchain-based game has achieved significant success, with $5 million in NFT trading, showcasing the gaming industry’s growing interest in blockchain technology.

Q17: How has PayPal entered the NFT market, and what does its marketplace patent entail?

PayPal has expressed interest in the NFT market by filing a patent for a new marketplace. This patent covers both on-chain and off-chain NFT transactions, reflecting PayPal’s ambition to establish a foothold in the NFT space.

Q18: What are the key findings from the Prophecy Market Insights report on the blockchain gaming market?

The Prophecy Market Insights report predicts that the blockchain gaming market will reach a staggering $772.7 billion by 2032. This growth is attributed to the rising popularity of NFTs and digital ownership within the gaming industry.

Q19: What are the major trends shaping Web3 retail in 2023, post-NFT rush?

Web3 retail trends in 2023 are heavily influenced by the NFT rush of the past year. Luxury brands and fashion companies are diving into the digital space, exploring non-fungible tokens (NFTs), and metaverse opportunities to engage with tech-savvy consumers.

Q20: How are AI avatars, NFTs, and exclusive fashion pieces combined in campaigns by Moncler and Adidas?

Moncler and Adidas have launched campaigns featuring AI avatars, exclusive NFTs, and unique fashion pieces. These campaigns offer consumers a novel and immersive digital experience, combining fashion, technology, and blockchain-based assets.

Q21: What is the market impact of “Battle of Kingdoms” and its global release?

The global release of “Battle of Kingdoms” signifies a push towards cross-platform blockchain-powered gaming experiences. This release aims to redefine strategy gaming, offering players a seamless experience across Android, iOS, and Google Play PC.

Q22: How are established brands like Paul Frank embracing the digital metaverse?

Established brands like Paul Frank are venturing into the metaverse through partnerships with web3 studios. This expansion reflects the increasing presence of traditional brands in digital realms, exploring new opportunities and experiences for their audiences.

Daily News: Latest News Blockchain and NFT News

Play To Earn Gaming News 2023-2024

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Related Tags:

Axie Infinity, Origins Season 6, NFT Gaming, Blockchain Integration, Web3, OpenSea Studio, Hong Kong VC, Avalanche Blockchain, Aavegotchi Partnership, Solana Surge, XRP Regulation, Metaverse Fashion, Paul Frank Metaverse, Battle of Kingdoms, Web3 Retail, Take-Two Blockchain Game, PayPal NFT Marketplace, Blockchain Gaming Market, AI Avatars in Fashion,

News Article Description:

Gamers should keep in mind the evolving landscape of blockchain and NFT technologies, as highlighted in our comprehensive October 2023 roundup. Notably, Axie Infinity’s new rewards system and the launch of Origins Season 6 emphasize the increasing competitiveness in blockchain gaming. The integration of NFTs into games like Line Next’s Sweet Monster Guardians offers gamers real ownership of in-game assets. Furthermore, player-centric Web3 tools are enhancing gaming experiences, making it crucial for gamers to stay informed about these advancements. Solana’s meteoric rise and regulatory developments in cryptocurrencies, such as XRP, underscore the market’s dynamic nature. Established brands like Moncler, Adidas, and Paul Frank are entering the metaverse, providing gamers with unique experiences. As Web3 retail trends reshape the gaming landscape, gamers should stay attuned to these developments for a more immersive gaming future.

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

Raid Party – Game Review

Raid Party is a blockchain technology play to earn game of adventure where the players are the heroes. Join friends and other players to raid any of the many dungeons. In a team, the leader will be the hero while all their supporting fighters will be the mercenaries. Moreover, in this Ethereum-based blockchain technology idle game, the play-to-earn format is used, so the more time you spend in the game, the more you will be able to earn. The goal is to raid one of many dungeons, single-handedly or with your guild to defeat the single boss. Consequently, the winner will earn CFTI (Confetti) tokens depending upon the level of the monster defeated. Players can then use it to upgrade their character or exchange it for real cash. A guild can have a maximum number of 10 members. The dungeons are divided into 3 levels of difficulty, with each level holding a stronger monster, defeating it will grant a greater reward. What’s Next for Raid Party? In the later version of the game, the developers are planning to add various new features like the option of mini-dungeons which can be used as NFT properties. Other options in the later version will involve mercenaries which will allow players to hire or rent different players as part of their team to raid more difficult and greater dungeons. Then there is the option of Raid Party Banks, where the players will be able to stake their earned CFTI tokens for Ethereum cryptocurrency. Players can also use the enhancement option to increase the power of the heroes or the fighters to make the raid group stronger. The character with a higher power has a higher price in the marketplace. These heroes are also NFTs that can be sold on the game’s marketplace. Raid Party is a great game to have fun and a greater game to earn passive income.

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Dark Taverns – Game Review

Dark Taverns is an expansive, free-to-play, turn-based MMORPG that takes place in a one-of-a-kind fantasy realm brimming with enigmatic wonders and enchantment. Traverse through the dense woodlands and unearth legendary artifacts and creatures… Unite with fellow adventurers to form guilds and confront emerging dangers… or venture out solo to uncover the mysteries of the realm! Embark on a quest to uncover hidden dungeons, treasure troves, and enigmas that can provide valuable aid on your journey. Engage in thrilling adventures that are constantly growing, allowing you to delve deeper into the game’s narrative and strike down your foes!

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World Eternal Online – Game Review

World Eternal Online” is a sandbox metaverse game that allows players to shape and drive the game’s economy. The game is designed to be open-ended and allow players to explore and create within a virtual world. The economy of the game is based on player interactions and activities, rather than being predetermined by the game developers. This allows players to have a greater degree of control and agency within the game world, as they can shape the economy through their actions and decisions. “World Eternal Online” is a Massively Multiplayer Online Role-Playing Game (MMORPG) that takes place within a vast, open world. As in many other MMORPGs, players can explore a variety of environments, take on challenging quests and battles, and form guilds with other players. In this game, players can also raid cities, destroy monsters, collect resources, conquer lands, and craft items as they progress through the game. These activities are central to the gameplay experience and allow players to develop their characters and advance through the game world. In “World Eternal Online,” heroes are powerful beings who are responsible for defending the realm from the invasion of demon monsters. These heroes maintain a fragile barrier between the mortal world and the demon plane, protecting the realm from the constant threat of demonic invasion. Some heroes are born out of struggle and training, while others have lived for countless eons and possess incredible strength and power. Regardless of their origin, all heroes play a crucial role in defending the realm and keeping the demon monsters at bay. World Eternal Online Gameplay: The game interface resembles a MOBA game, where there are many monsters that the Heroes have to defeat. In the battle arena, the players can kill these monsters to collect XP and other loot items. Moreover, the loot helps to craft gears which is necessary for the game economics. In the WEO metaverse, players can find berry bushes and gold mines which are important for the game dynamics and your NFT pets can help in locating these rare items. Crafting is an important feature of gameplay. Players can also form guilds to battle bigger monsters and raid bosses. Tokenomics: The MMORPG game economy will be driven by the players and they would be able to control their assets in the game. The developers of the game plan on formulating a single token for every transaction and all the in-game trading. The game would have multiple resources that can be traded but all these trades would be governed under one token. Tokens can be earned through the Heroes by participating in either killing the boss in the raids, competing in a PvP battle, or getting yourself placed on the leaderboard. Therefore, in order to win more, players should acquire a variety of heroes with different stats relevant to the form of the mission they partake in.

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Thetan Arena – Game Review

Players in Thetan Arena can collect and use different heroes with unique abilities and strengths in 5v5 matches. The objective of the game is to destroy the enemy team’s base, called the “Nexus,” while defending their own. Players can earn rewards and unlock new heroes by participating in matches and completing quests. The game also has a “battle pass” system where players can progress through tiers by completing challenges and earning points, unlocking new in-game items and cosmetics as they go. Thetan Arena is a free-to-play, mobile-based game that features a multiplayer online battle arena (MOBA) gameplay, where players can choose from a range of heroes, including assassins, marksmen, and tanks, to compete in 5v5 matches with the objective of destroying the enemy team’s Nexus. Additionally, the game offers a battle royale solo mode, where players can play to earn rewards and unlock new heroes. Thetan Arena also has a battle pass system and special events that allow players to progress through tiers and earn in-game items and cosmetics. By playing the game and completing challenges, players can earn Thetan Coins (THC) and Thetan Gems (THG) on the Binance Smart Chain, which can be used to purchase new heroes and items, or even earn money. In summary, Thetan Arena is an exciting game that offers various game modes and heroes for players to choose from and play to earn rewards. In addition to the main MOBA mode, Thetan Arena also has a “co-op” mode where players can team up against computer-controlled enemies and a “custom” mode where players can create their own matches with specific rules and settings. The game is available on PC, console, and mobile platforms and has a large and active community of players. How to play Thetan Arena: In Thetan Arena, players choose a hero to control and work with a team to defeat the opposing team’s hero and destroy their base. Each hero has unique abilities and strengths, and players can level up and unlock new abilities as they progress through the game. The game also offers various game modes, such as ranked matches and casual matches, allowing players to choose the level of competition they prefer. In addition to the hero NFTs, Thetan Arena also offers cosmetic NFTs that allow players to customize the appearance of their hero. These NFTs can be purchased from the in-game store or traded with other players. Thetan Arena’s NFT market allows players to buy and sell their heroes and cosmetic NFTs for the game’s in-game currency, Thetan, or for other cryptocurrencies. This gives players the opportunity to earn rewards as they progress through the game and trade with other players. In Thetan Arena, a multiplayer online battle arena (MOBA) game, players can choose from five different game modes: Battle Royale, Superstar, Deathmatch, Tower Siege, and Custom game. Upon signing up, players receive a standard hero, Raidon, which they can use to participate in these modes. Non-player characters (NPCs) are also available to fill out matches if there aren’t enough live players. The game is free to play and can be accessed through the MetaMask browser extension and wallet. Premium heroes, which can be bought, sold, and traded, are available for purchase on the game’s market. Players can also earn additional heroes by progressing through the ranks using their standard hero.

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Best P2E Games list 2024

Daily News: Latest News Blockchain and NFT News Roundup – October 2023

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.

Daily News: Latest News Blockchain and NFT News Roundup – October 2023