Gaming Financial News

06.11 / 02:29

defi Analysis Gaming reputation 90% of GameFi projects are ruining the industry’s reputation

The GameFi industry is set to unleash its massive potential within the next six years. According to Absolute Reports data, its estimated value will grow to $2.8 billion by 2028, with a compound annual growth rate of 20.4% in the same period.It’s a quieter perhaps less scandalous branch compared to the more newsworthy centralized finance (CeFi) and decentralized finance (DeFi) spaces, but this hasn’t impacted its force nor its promise. Even in the depth of crypto winter — read: a bear crypto market — blockchain-based games have continued to register a steady uptick in daily active users and transactions month after month throughout 2022, and the gaming sector has proven to be the most resilient compared to other market sectors.

04.11 / 21:17

Blockchain NFT Gaming In this racing game, NFTs from multiple collections can compete with one another

Learning by doing is a powerful yet simple educational concept: the best way to discover how something works is by giving it a try.

04.11 / 01:05

business Blockchain Gaming wax Traditional firms likely won't be leading the charge in the next generation of Web3 games — WAX CEO

Traditional ideas about gaming, coming from both the firms developing the games and the players themselves, could slow down adoption of Web3 games, according to WAX co-founder and CEO William Quigley.

03.11 / 16:21

Blockchain NFT Gaming Decentralized gaming IDs provide another avenue of interoperability in Web3

Nonfungible token (NFT) gaming is getting a face lift. A new collaboration between Laguna Games, a Web3 R&D entertainment developer, and Lens Protocol allows players to connect across multiple gaming experiences.

03.11 / 13:19

Blockchain Platform Gaming ‘No Possibility’ that Wemix Will Be Delisted in S Korea, Says Gaming Giant WeMade

The South Korean gaming giant WeMade has claimed there is “no chance” its wemix token will be delisted by the nation’s leading crypto exchanges – despite the fact that it has been placed on a watchlist.

02.11 / 22:33

Art Gaming Artists Steph Curry files trademark for the Curryverse: Nifty Newsletter, Oct. 26–Nov.1

In this week’s newsletter, read about howNBA superstar Stephen Curry filed a trademark application for his own metaverse, the Curryverse, where users play-to-earn nonfungible tokens (NFTs). Check out why TV streaming providers should start to incorporate NFTs into their programming. In other news, find out how an NFT vending machine made digital art more accessible at a London event. Last but not least, Nifty News highlighted NFT markets that are scrapping royalties and the launch of GameStop’s new NFT marketplace.

27.10 / 13:07

NFT Web3 Gaming Metaverse Metaverse success starts with understanding Web3, here’s how

Monetizing Web3 projects requires a look beyond technical updates —a new team of experienced advisors helps businesses get off Web3 on the right foot.

24.10 / 10:53

Blockchain Gaming virtual reality play Q&A: Play-to-earn mechanics 'kill' blockchain games — so what's the answer?

The play-to-earn boom has left many blockchain games on the scrapheap because they relied upon unrealistic tokenomics.

23.10 / 00:09

Gaming Taxes place Japan is losing its place as the world's gaming capital because of crypto hostility

A marked hostility toward new and emerging Web3 technologies like cryptocurrencies runs the risk of costing Japan its place as the world’s gaming capital. We’re getting dangerously close to the point of no return, and here’s why.

22.10 / 17:57

Blockchain NFT Gaming Metaverse Time Let them build: Democratizing game creation one player at a time

Awash in a seemingly endless stream of bad news, the public’s appetite for that which is not of this world has increased. Perhaps nowhere is this more evident than in the explosion of the metaverse movement. From huge concerts and virtual real estate rushes to the rapidly expanding GameFi sphere, digital reality is now where it’s at.

21.10 / 14:37

Adoption Gaming Chainalysis Vietnam Ranks 1st in Crypto Adoption, USA is 5th, China Back in Top 10 - Chainalysis

While emerging markets generally dominate the global adoption list, when it comes to the top 10 list, three developments stand out: Vietnam taking the crown again, the US climbing to fifth place, and China re-entering the list, according to the latest report by blockchain analysis company Chainalysis.

20.10 / 13:29

Blockchain NFT Gaming play Q&A: NFTs and metaverses will play a key role in gaming — as long as one key thing happens

It's been a seismic couple of years for the gaming industry. NFTs are playing an increasingly bigger role in new titles as studios experiment with blockchain technology. But this isn't an innovation that has been met without controversy.

19.10 / 23:11

NFT Gaming virtual reality Web3 gaming metaverse aims to revolutionize GameFi

GameFi is one of the hottest buzzwords in crypto right now — but winning over players has proven to be a bit challenging.

19.10 / 22:41

NFT Gaming Anthony Hopkins sells out NFTs in minutes: Nifty Newsletter, Oct 12–18

In this week’s newsletter, read about how Animoca Brands co-founder Yat Siu believes that nonfungible token (NFT) games are only at the tip of the iceberg in terms of potential. Check out how an executive at Kraken highlighted that NFTs will be as disruptive as Bitcoin (BTC) and how a museum in Ukraine is preserving the country’s cultural heritage through NFTs. In other news, find out how an industry executive claimed that brands have a lot of responsibility in terms of protecting their NFT investors against fraud. Last but not least, British actor Anthony Hopkins sold out his NFT collection within minutes of its release.

19.10 / 17:08

Blockchain Adoption Gaming ‘The social benefits are huge’ — Web3 gaming to shift digital ownership

There is no substitute for experience. Even when an experience can feel regrettable, like getting your brother’s Runescape account banned.

18.10 / 14:13

business Gaming Funding Venture Capital Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

Canadian Web3 infrastructure company ChainSafe has closed an $18.75 million funding round that was backed by prominent industry venture firms, putting the company on track to expand operations at a time when demand for blockchain infrastructure and gaming services was on the rise.

17.10 / 00:23

Blockchain Technology Adoption Gaming Blockchain gaming adoption means more options for gamers

Over the past couple of years, games that use blockchain technology have increased their presence in the gaming industry.

14.10 / 16:07

NFT Gaming Non-fungible tokens Metaverse Global Toy Manufacturer Mattel Announces NFT Collection

Major toy manufacturing company Mattel announced the launch of the official Masters of the Universe (MOTU) digital collection in collaboration with the non-fungible token (NFT)-native digital toy company Cryptoys. The first batch of heroes and villains comes on November 9.

14.10 / 09:37

NFT Gaming Mobile Games Blockchain Game NFT games are ‘only scratching the surface' of what's possible — Animoca's Yat Siu

Animoca Brands co-founder Yat Siu believes nonfungible token (NFT) games are only scratching the surface of what's possible and predicts completely new models of gaming will be developed as a result of digital ownership.

14.10 / 07:45

NFT Web3 Gaming Japanese gaming giant's hiring spree ahead of NFT marketplace

Japanese gaming giant Konami is seeking to expand its crypto-versed talent pool while it ey the development of Web3 and Metaverse “experiences” and a nonfungible token (NFT) marketplace.

14.10 / 04:19

Blockchain Adoption Gaming Kraken NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago — Kraken exec

Non-fungible token (NFT) trading volumes may have dropped nearly 98% since January, but several industry executives tell Cointelegraph it's nothing to fear as the technology continues to develop and mature.

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