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Blockchain Games and Web 3.0 News

Blockchain Games and Web 3.0 News

Game Review 

Welcome to the weekly roundup of crypto exchanges. A lot has happened. Let’s have a look at the top stories of this week:

  • Microsoft invests in Korean blockchain game
  • Square Enix financial report and projection of blockchain technology
  • NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure
  • FIFA takes the leap toward blockchain games
  • Mythical Games cuts down on its staff

Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX. However, we also saw that cryptocurrencies have made rebounds this week as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as peer to peer electronic transaction without any financial intermediation. And, Ethereum remains the standout protocol to build decentralized applications.

Microsoft Invest in Web3.0

We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the proud developer behind the popular MMO game series Mir. WeMade’s newest venture is in the blockchain in blockchain mainnet called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain. Moreover, the company also has an NFT auction site allowing NFTs and DAOs. Besides, WeMade newest title Mir4 is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the total fund of the $46 million investment round.

Square Enix’s Eyes Web3.0 and Blockchain Games

In other news, Square Enix’s financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles. The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investment in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox.

Symbiogenesis: Square Enix Announces it's First Ever Ethereum-Based NFT Game
Symbiogenesis: Square Enix Announces it’s First Ever Ethereum-Based NFT Game

South Korean Giant NCSoft Invests in Web3.0 Company

The blockchain gaming industry continues to thrive and gain investments, especially from Asian companies.NCSoft, South Korea’s gaming giant made $15 million worth of investment in Mysten Labs of the previously announced $300 million funding round. Mysten Labs’ ongoing project is Layer 1 blockchain development which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof of stake blockchain. Its recent $300 million fundraising was led by FTX Ventures, other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures.

FIFA Launches 4 Web3.0 Blockchain Games

Finally, FIFA parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with 4 Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have an input in between. Moreover, the players will earn four unique collectibles in AI-controlled players. 

The second game is FIFA World Cup 2022 in the Upland Metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets providing full ownership to players. 

FIFA Upland Web 3.0
FIFA UPland

The third game is FIFA World Cup Qatar 2022 on Phygtl. Phygtl is a fan engagement mobile application.

The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming.

Blockchain Gaming Developer Mythical Games Lays Off Staff

Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting leading to the laying off of 10% of its employees. The company is valued at more than $270 million in venture capital, previously the company was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn. The company’s leading project in blockchain gaming is Blankos Block Party which is suffering from a low daily active user count leading to difficulty finding games for online players.

PlayToEarnGames.com is a website where we keep an overview of all games in the genres of P2E, NFT, Crypto, Web3, and Blockchain games. Check out our games page or find a “play-to-earn” games list here. More information about W3 Play can be found on our about us page. Our news is daily updated on all video games and game developers.

Blockchain Games and Web 3.0 News

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

Avarik Saga – Game Review

Avarik Saga is a role-playing game that is played in turns. Players control three Avarik heroes and send them to fight against three enemy teams. In the world of Avarik, it’s important to have a well-balanced team where different characters can work well together. The game was made to be played from start to finish from the beginning. By beating your Avarik Heroes in battle, you can earn $VORTEM, which is used in Avarik Saga as a game currency. The core gameplay is made better by the different game modes. When you beat the monsters that stand in the way of your Heroes, you’ll get $VORTEM and crafting materials. It can be used by players to improve the skills of their Heroes. Also, PVE games have features that are similar to those of most JRPGs. There are raids and dungeons for multiplayer PVE play. If you do well in these dangerous quests, you can earn a lot of $VORTEM and rare crafting materials. Both casual and ranked ladder PVP will be accessible for the more competitive player. With the victory over your opponents’ teams of Heroes rewarded with both $VORTEM and $AVRK, Avarik Saga’s limited governance token. Faction Wars, a large-scale PVP mode, will be offered as top-tier content, with legendary upgrades to weapons, armors, and Hero talents, as well as vast sums of $VORTEM and $AVRK as rewards. The way new Heroes are formed is one of Avarik Saga’s more distinctive gameplay aspects. Recruiting a new Avarik Hero similar to breeding in games like Pokemon in that it involves the participation of an existing male and female couple of Heroes.

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Crypto Dragons – Metaverse Blockchain – Game Review

Crypto Dragons is an innovative project based on the Dragons Metaverse, where players can do things like breed, fight, earn rewards, and more. This crypto blockchain game puts player needs first by giving ownership rights to in-game assets. Immerse yourself in an interesting world where monsters roar and wings flap. With your fiery, winged friend, go on many adventures, conquering new lands and learning the dragon’s language. Take on the strongest dragons to see how good you are. In response to feedback from the community, the game has been moved to a side-chain, which will make it run faster and cost less gas. Players can swap their Dragons or Eggs to the Polygon Sidechain with the help of detailed video tutorials and written instructions.

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The Walking Dead: Empire – Game Review

The Walking Dead: Empires stands as a multiplayer survival game within AMC’s The Walking Dead universe, presenting players with the difficult task of enduring the harsh post-apocalyptic world. The Walking Dead: Empires thrusts players into the perilous world of AMC’s The Walking Dead, a multiplayer survival game where resilience is paramount. Amidst chaos, players construct havens, forge alliances, and combat both living adversaries and the undead menace. This post-apocalyptic journey encompasses crafting, base-building, alliances, and land ownership. Crafting, facilitated by NFT Crafting Stations, lets players create valuable in-game items, shaping the economy. Constructing fortified bases wards off threats, while collaboration empowers survivors to thrive. Land ownership is pivotal, offering refuge or challenging territory. The forthcoming Gala Games release melds the established zombie theme with a more relaxed RPG approach, an intriguing fusion that distinguishes it in the genre. The Walking Dead: Empires allows players to participate in scheduled playtests through pre-registration, providing early game access and aiding developers in refining their mechanics. Alternatively, Gala Games NFTs like the Prepper Pack offer exclusive game access. Set within the challenging world of AMC’s The Walking Dead, the game thrusts players into a relentless struggle for survival. Moreover, Gala Games’ consistent excellence shines through in The Walking Dead Empires, showcasing their dedication to quality. Its isometric survival dynamics evoke nostalgia akin to early Fallout games, while features like base building and walker defense enrich the experience.

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Dimensionals – Game Review

Dimensionals is the latest game from Mino Games. It is a blockchain-based NFT RPG with both free-to-play and pay-to-own options. Dimensionals is a new kind of NFT-based RPG that puts players right into the world of WEB3 gaming. In this one-of-a-kind virtual world, you can explore different dimensions, each with its own heroes and paths. In an interesting twist, players can keep their heroes on the blockchain forever as non-fungible tokens (NFTs). Mino Games made this blockchain game by combining Pokemon and Marvel superheroes in a way that works well. Mino Games already has a large group of gamers who are also interested in cryptocurrency. When Dimensionals come out, this community is going to reach new heights. Mino Games says that users who sign up for their “whitelist” on their website will get special perks. They give you early access to game content and alpha stages, enrollment in a whitelist for future collections, and access to Discord that no one else has. In Dimensionals, the combination of web3 gaming and NFTs opens the door to an exciting gaming universe that is sure to keep players from all over the world interested. Since ancient times, the Genesis Stones have been the most powerful things in the Dimensionals multiverse. They have decided how it was made and what it will become. Also, these relics are sleeping, hidden in cultures all over the multiverse, waiting to be found and turned on. Stone can only be used by people with power, the chosen heroes who are tasked with going between dimensions to protect the multiverse. Also, this kind of activation is dangerous because the stones’ great power attracts a kind of evil that is cruel, unyielding, and patient. Future Dimensionals should be aware that it can be dangerous to find and use a Dimensional Stone, because some battles can tear reality apart.

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Best P2E Games list 2024

Blockchain Games and Web 3.0 News

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.