Gaming Financial News
18.09 / 19:27
business
Technology
Adoption
Gaming
NFTs will bring crypto to billions of users, explains VC investor
Avichal Garg, the CEO and co-founder of Electric Capital, defines himself as “an NFT maximalist” – who believes that nonfungible tokens (NFTs) will play an essential role in bringing crypto to the masses. Unlike other crypto niches, NFTs are relatable to aspects of everyday life such as art, music and games.
16.09 / 16:01
business
Adoption
Gaming
Animoca Brands continues shopping spree with MotoGP mobile dev acquisition
One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gaming subsidiaries.
16.09 / 06:43
Blockchain
Gaming
NOT
Gamers want fun, not a grind fest for tokens — Animoca subsidiary
Blockchain-based games need to spend more time actually being “fun to play” rather than developing flashy tokenomics, an Animoca Brand-owned blockchain game developer told Cointelegraph.
15.09 / 23:23
NFT
Gaming
play-to-earn
Strategic game that pits two DAOs against each other reveals when it will launch
An upcoming blockchain game has revealed when it will launch.
12.09 / 15:29
Blockchain
Gaming
Metaverse
Blockchain Game
Metaverse project avoids Web3 frenzy to redefine AAA digital landscape
Web3 projects are the talk of the current digital scene, with thousands of new companies coming to life every day in an attempt to ride out this global wave with their own product releases. Unfortunately, reality has shown most of these offerings do not provide any tangible value to their players or user bases. Instead, they rely on superficial hype of cryptocurrencies, nonfungible tokens (NFTs) and related buzzwords, a seemingly unnatural method to pursue user growth. At present, these efforts result in short-term successes and unsustainable growth.
08.09 / 16:41
business
Blockchain
Investments
Gaming
Animoca confirms $110M round led by Temasek, plans new acquisitions
Animoca Brands, a major player in the metaverse and blockchain gaming, has officially disclosed details of a funding round led by Singapore's state-owned investor Temasek.
02.09 / 20:17
Blockchain
Adoption
Gaming
Blockchain Game
Gaming makes up over half of blockchain industry usage, DappRadar
New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers.
01.09 / 05:15
Blockchain
Binance
Gaming
Sky Mavis
Solved! Mystery owner of the huge Axie Infinity SLP wallet is revealed
After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified as an address belonging to Binance.
31.08 / 10:45
29.08 / 20:37
business
Blockchain
Gaming
NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading
According to a recent blog post, 0xfanfaron, CEO of nonfungible tokens (NFTs) gaming project Ragnarok, apologized publicly for his missteps in leading the company. Ragnark is a crypto startup that brought in $15.5 million worth of Ether for gaming development in April through its first-ever NFT sale. However, a0xfanfaron disclosed:
26.08 / 22:45
Blockchain
Technology
Gaming
Web3 gaming company staffed by industry veterans unveils very first project
An independent Web3 gaming company has unveiled its very first project — and is vowing to offer an immersive, powerful experience for players.
26.08 / 09:05
Blockchain
Adoption
Gaming
play
Xbox boss keen on Metaverse but 'cautious' about play-to-earn games
Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn (P2E) crypto games due to its economic and speculative aspects.
25.08 / 02:31
SEC
Gaming
ICO
Time
GameFi developers may be facing big fines and hard time if they don't speak up
Are cryptocurrency games innocent fun? Or are they Ponzi schemes facing an imminent crackdown by regulators in the United States?
20.08 / 17:59
Blockchain
Ethereum
education
Gaming
Features
Web3 games incorporate features to drive female participation
Although there is still an apparent lack of women in the Web3 sector, blockchain-based games geared toward women may help drive inclusivity. A recent report from the Entertainment Software Association found that 48% of gamers in the United States identify as female. It has also been noted that nearly half of all gamers in the world are women. The interest that women have taken in the billion-dollar gaming sector is notable. This, combined with the massive growth being projected by the GameFi industry, is a key reason why a number of Web3 games are being built specifically for female users.
20.08 / 11:11
business
Blockchain
Technology
Gaming
Samsung, Alphabet, BlackRock among 40 top firms investing in blockchain and crypto
The biggest publicly traded companies to invest in blockchain and cryptocurrency companies between September 2021 and June 2022 include electronics giant Samsung, technology behemoth Alphabet, and investment management firm BlackRock, according to a study by crypto intelligence platform Blockdata.
19.08 / 23:47
Blockchain
Adoption
Gaming
Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’
As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize the need for games to be more “fun” and less finance-oriented. In the most recent episode of NFT Steez, Alyssa Expósito and Ray Salmond spoke with Aron Beireschmitt, the CEO of Laguna games and founder of Crypto Unicorns, about the sustainability of P2E-focused blockchain games.
18.08 / 20:27
18.08 / 00:15
Blockchain
Adoption
Gaming
Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16
In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games have an advantage over traditional gaming business models. In other news, learn about how OpenSea is implementing new ways to combat NFT theft. And check out how experts feel about carbon offset NFTs that aim to help the environment.
12.08 / 19:25
12.08 / 15:45
Blockchain
NFT
Gaming
Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie Infinity Origin.
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