Gaming Financial News

07.02 / 22:09

markets Adoption Gaming GALA gains 117% in February as P2E crypto gaming goes mainstream

The play-to-earn (P2E) gaming sector of the cryptocurrency ecosystem has been one of the most resilient sectors to the volatility and price declines seen in the past couple of months as gamers are jumping on the ability to earn income while playing tokenized videogames.

07.02 / 12:51

MARKET Altcoins Gaming AXS and SLP Move Higher as Axie Infinity Reveals Economic Revamp

Popular blockchain-based mobile game Axie Infinity (AXS) has made economic adjustments for its upcoming season 20, drastically reducing the daily issuance of Smooth Love Potion (SLP) tokens which are earned as rewards.

06.02 / 16:53

markets Gaming Axie Infinity token AXS gains 40% after taking steps to avoid 'permanent economic collapse'

The price of the Axie Infinity (AXS) token has surged by nearly 40% in three days. AXS rallied to over $65, its best level in more than two weeks, as Axie Infinity revealed a revamped reward structure for its player-vs-player (PVP) competition round.

04.02 / 13:45

NFT Gaming Non-fungible tokens Animoca Brands’ Offshoot nWay Launches Official Multiplayer Party Game of Beijing 2022 Olympics

nWay, a subsidiary of major non-fungible token (NFT)-focused company Animoca Brands, has launched Olympic Games Jam: Beijing 2022, the official licensed play-to-earn multiplayer party game of the Olympic Winter Games that opened today.

03.02 / 22:15

Twitter NFT Gaming Metaverse Nintendo considering ways to utilize NFTs in a way that doesn't diminish 'joy'

After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed "interest" and "potential" in the Metaverse when it comes to introducing blockchain and NFT technology into their video games.

03.02 / 18:55

NFT Gaming Non-fungible tokens GameStop Immutable GME Immutable and GameStop to Launch an NFT Marketplace, $100M fund; IMX & GME Rise

Australia-based Immutable has announced that its layer 2 (L2) scaling protocol for Ethereum (ETH) and non-fungible tokens (NFTs), Immutable X, has partnered with the US-based videogame retailer GameStop (GME) to launch an NFT marketplace.

01.02 / 07:23

Gaming Charity Metaverse Yield Guild Games Raises $1.45M for Philippine Typhoon Relief

Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.

28.01 / 22:09

Twitter NFT Gaming Executive Ubisoft executive responds to the backlash over new NFT platform

Nicolas Pouard, VP at Ubisoft's Strategic Innovations Lab, commented on the negative gamer feedback that Ubisoft received after introducing Quartz and Digits, in an interview with Finder.

28.01 / 00:37

Blockchain Technology Adoption Gaming Sky Mavis Axie Infinity devs release governance token for Ronin Blockchain to mixed player response

On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.

27.01 / 00:33

markets Polygon Gaming YouTube Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound

Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825.

26.01 / 16:39

Microsoft Gaming Metaverse boost Microsoft Looks To Hybrid Work, Gaming To Boost Its Metaverse Coverage

Microsoft is aiming to benefit from the rapid spread of hybrid work, looking to extend its presence within the social connection-focused virtual world to companies whose employees are working remotely. The company also seems determined to use its forthcoming acquisition of game developer Activision Blizzard to boost its metaverse assets.

26.01 / 16:05

cryptocurrency Gaming Gambling Join the CoinPoker High Roller Tournament with TonyG

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.

25.01 / 05:11

NFT Gaming Metaverse Survey More evidence game devs hate NFTs and crypto

A recent survey revealed that most game developers and their studios have no interest in developing or working with nonfungible tokens (NFTs) or crypto payments.

24.01 / 22:59

Ethereum Gaming Investment Buterin's Mother-Led USD 100M Genesi DAC Picks Crypto Gaming Platform as Its First Investment

Genesi DAC, a group of venture capital investors led by Vitalik Buterin’s mother Natalia Ameline, picked the crypto gaming platform Tristan Metaverse asits first investment, with more projects expected to be announced soon.

24.01 / 18:08

NFT defi Gaming Indian Platform combines Web 3.0 gaming and DeFi for interactive entertainment inspired by Indian Culture and Mythology

Nonfungible tokens, better known as NFTs, have gained value, with some selling for thousands, tens of thousands and even millions of dollars. While this spike in value is promising for investors, it does little in proving the asset's long-term value compared to the top of a price bubble. Therefore, for digital assets to sustain their worth over the long term, something else is missing in the equation. That something is utility, which considers how the asset can be used or what a user can do with it.

24.01 / 14:41

NFT Investing Gaming Real Estate Fractional NFTs Might Democratize Digital Investing

2021 has arguably been the year of non-fungible tokens (NFTs). With over USD 10bn in sales, the largely crypto art-driven NFT market could overtake the traditional arts & antique markets in sales by as early as this year.

23.01 / 22:43

business Blockchain Gaming e-commerce Blockchain metaverse ecosystems gain traction as brands create digital experiences

Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online.

22.01 / 05:11

Blockchain Ethereum Gaming Bitcoin Blockchain and the evolution of business models in the game industry

The first computer games were developed in the late 20th century with the sole purpose of entertaining their audience. One of the first goals was to distract players from their routine work and provide them access to a fantasy world. Very soon, games began to compete for users' time against traditional forms of entertainment, such as movies, circuses, theater performances, zoos, etc.

19.01 / 05:19

business Microsoft Gaming Activision Microsoft's massive Metaverse move: Buying Activision for $69B

Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans.

18.01 / 20:00

defi Gaming Gemini Investment valuation NFT Powerhouse Animoca Brands Hits USD 5B Valuation as Winklevoss & Soros Join USD 359M Round

Major non-fungible token (NFT)-focused company Animoca Brands said reached a valuation of USD 5bn after completing a USD 359m investment round.

18.01 / 17:23

Microsoft Gaming Metaverse M&A Microsoft Makes a USD 69B Gaming & Metaverse Bet

Tech giant Microsoft has announced plans to acquire Activision Blizzard, a major game developer and an interactive entertainment content publisher.

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