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GameFi
Health and Fitness App Sweat Economy Raises $13M in Private Token Sale to Move to Web3
The company is teaming with Near Protocol to support the move.

Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

‘Animal Crossing Meets Minecraft’: Branch Raises $12.5M for Play-to-Earn Project
Mechanism Play, Dragonfly, Polychain and Coinbase Ventures were all participants in the game’s seed round.

‘Tamagotchi on Crack’: Irreverent Labs Raises $40M for NFT Cockfighting Game
Investors are backing a gaming studio whose “MechaFightClub” title is predicated on 6,969 robot chicken NFTs, according to government filings.

Ready Games Raises $3M to Bring Web 2 Gaming to the Web 3 World
The initiative could lead to a sizable increase in the number of NFT games in Apple’s App Store.

Bird, Ring Veterans Raise $5M for GameFi Lending Protocol
The Pantera-backed MetaLend lets users borrow while still earning money in games.

DeFi Data Shop Nansen Makes First VC Investment in Gaming Analytics Firm ZeroDrop
Following a $75 million funding round of its own, it’s the first time Nansen has invested in an outside firm.

Stepn Runners Undeterred by ‘Move-to-Earn’ Game’s Pricey NFT
The Solana-based game is booming despite its cost to participate.

Avalanche-Based Blockbuster Game Shrapnel Completes $7M Token Sale
Games studio Neon has raised $17.5 million so far to bring Shrapnel to Avalanche.
