Best P2E Games

Wemade and Whampoa Digital Launch $100 Million Web3 Fund For Blockchain Gaming in the Middle East

Wemade and Whampoa Digital Launch $100 Million Web3 Fund For Blockchain Gaming in the Middle East

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In a monumental collaboration, South Korean gaming powerhouse Wemade has partnered with Singapore-based Whampoa Digital to unveil a game-changing $100 million Web3 fund. This financial initiative not only signals a substantial commitment to blockchain gaming but also challenges South Korea’s restrictive anti-blockchain gaming regulations. The joint effort aims to accelerate the adoption of blockchain technology, with a particular focus on the burgeoning Middle East region. This article delves into the details of the venture, exploring the fund’s objectives, the creation of a dedicated commercial space in Dubai, and the broader implications for the gaming industry.

The Wemade Web3 Fund Unveiled:

The collaboration has birthed the Wemade Web3 Fund, a $100 million investment initiative meticulously designed to support and invest in blockchain gaming projects. With a primary emphasis on fostering innovation in the Middle East gaming landscape, the fund sets a new standard for financial commitments in the blockchain gaming sphere.

Wemix Play Center: A Hub for Blockchain Gaming in Dubai:

Wemade is actively constructing the Wemix Play Center, a dedicated commercial space within Dubai’s DIFC Innovation Hub, focusing specifically on blockchain gaming. Beyond being a physical space, the Wemix Play Center aims to serve as a collaborative hub for blockchain gaming companies and projects receiving grants from the fund, encouraging cross-pollination of ideas, mentorship, and a vibrant ecosystem.

Partners’ Vision and Enthusiasm:

Senior Partner of Whampoa Group, Aureole Foong, expresses his enthusiasm about the partnership’s potential, highlighting its role in exploring new territories within the digital asset industry and driving innovation in the rapidly expanding Web3 landscape, particularly in the Middle East.

In a strategic move earlier this year, Wemade partnered with Space and Time, a decentralized hybrid transactional database, to enhance blockchain gaming infrastructure. However, the journey has not been without challenges. Wemade’s legal dispute with major South Korean exchanges over the delisting of its WEMIX token sheds light on the complexities surrounding cryptocurrency listing and delisting practices.

Wemade and Whampoa Digital Launch $100 Million Web3 Fund to Revolutionize Blockchain Gaming in the Middle East
Wemade and Whampoa Digital Launch $100 Million Web3 Fund to Revolutionize Blockchain Gaming in the Middle East

The collaboration between Wemade and Whampoa Digital, marked by the launch of the Wemade Web3 Fund, stands as a pivotal moment at the crossroads of gaming and blockchain technology. The fund’s emphasis on the Middle East and the construction of the Wemix Play Center underscore a shared commitment to fostering innovation and collaboration within the blockchain gaming industry. Despite legal hurdles, this initiative reflects the determination of these gaming giants to lead the way in the evolving landscape of Web3 technology.

Stay tuned for further updates on the Wemade Web3 Fund and the progress of blockchain gaming projects in the Middle East. Join the conversation on social media using the hashtag #WemadeWeb3 to contribute to the discourse on the future of gaming technology in the region.

Wemade and Whampoa Digital Launch $100 Million Web3 Fund For Blockchain Gaming in the Middle East

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Time Shuffle Game – Turn-Based RPG on Avalanche Blockchain

Time Shuffle Game is a turn-based RPG set on the Avalanche blockchain, offering players a unique experience in a multidimensional time-traveling universe where heroes engage in battles across historical eras. TimeShuffle is an ambitious Play and Earn game that operates on the Avalanche Blockchain. It immerses players in a multi-dimensional universe featuring time travel, squad-based battles, and competitive player-versus-player (PvP) elements. The game places a strong emphasis on gameplay and aims to pioneer the Web3 Play and Earn gaming space by redefining traditional gaming norms. In TimeShuffle, players strategize in battles, evolve and crossbreed heroes to create powerful, one-of-a-kind super units, all while enhancing the value of their non-fungible tokens (NFTs). The Hero Skill Tree adds complexity through professions and AI-driven skill development. The Time Shuffle team boasts over 30 years of experience in the gaming industry and has received substantial support from Avalanche ecosystem partners. TimeShuffle aims to offer players an exciting time-travel narrative where historical figures like Einstein and Cleopatra evolve into formidable entities. Additionally, it introduces players to NFT and token elements within a free-to-play framework. The game’s storyline is set in a future where time travel has become a reality, leading to a conflict between two factions. One faction seeks to reshape the past for personal gain and global domination, while the other strives to preserve the timeline. A breakthrough discovery by researchers, led by HEXAGON Corp, involving an ancient artifact with extraterrestrial elements and quantum particles, leads to significant advancements like flying cars, gene editing, and renewable energy sources. However, a rogue scientist from HEXAGON Corp abuses time travel to alter history for his own rule, sparking chaos as others join his quest for power and wealth. In response, HEXAGON Corp forms the “Time Keepers,” an elite time travel unit tasked with thwarting the scientist’s agents, known as “Time Breakers,” and safeguarding the timeline. Gameplay in TimeShuffle promises to be user-friendly. Players find themselves in an alternate universe populated by intriguing replicas of historical figures, each possessing unique powers guided by TimeShuffle’s advanced algorithms. Character breeding and fusion add depth as merged heroes grow stronger, offering limitless possibilities and potential NFT sales on TimeShuffle’s marketplace. This dynamic system creates a wide array of NFT assets, heroes, and skill enhancements, ensuring an engaging journey for players. Strategy plays a pivotal role in both player-versus-environment (PvE) and player-versus-player (PvP) encounters, from base construction to soldier development and battle leadership. Gamers have the flexibility to engage in AI-controlled or real-time conflicts. The choice of faction at the beginning of the game influences in-game progress and fosters community competition. NFT holders can enter the PvP Arena and stake their assets in battles, adding an exciting competitive dimension to the experience. In terms of tokenomics, TimeShuffle’s foundation includes the $TIMS governance token and the $GOLD in-game token. These tokens empower users to shape the game and its evolution through forum-based governance. The community response to TimeShuffle’s alpha version and the introduction of gold skins for founders has been positive, with users expressing enthusiasm for the game’s character design and features. However, it’s important to note that the article does not specify whether the game has been released at the time of the review.

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Gotchiverse – Game Review

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DeVerse – Game Review

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Pegaxy NFT Game: Breed, Race, Earn on Polygon Blockchain

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Best P2E Games list 2024

Wemade and Whampoa Digital Launch $100 Million Web3 Fund For Blockchain Gaming in the Middle East

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.