GameFi


Finance

GameFi NFT Marketplace Lootex Closes $9M Funding Round

The Taiwan-based asset marketplace features over 12,000 NFTs across 500 collections.

Stacking of US Dollar bank notes.

Finance

Drone Racing League Zooms Into Metaverse, Bringing ‘Play to Earn’ to Algorand

The league’s partnership with Playground Labs will be the first play-to-earn competition of its kind on the Algorand blockchain.

Algorand signage inside the Drone Racing League arena. (DRL)

Tech

Illuvium Team Drains sILV Uniswap Pool in Bid to Prevent Exploit Cash-Out

The multibillion-dollar blockchain gaming project is taking drastic steps to protect staking rewards.

(Fábio Lucas/Unsplash)

Markets

Thetan Arena Battles Axie Infinity in ‘Play-to-Earn’

The games are completely different, but Thetan Arena is joining Axie Infinity in the hunt for crypto-friendly players when there are still scant offerings in the “play-to-earn” space.

Image pulled from Thetan Arena's website. (Thetan Arena, modified by CoinDesk)

Markets

Crypto VCs Are Making a Big Bet on Gaming Guilds. Why?

Will the landowners of the metaverse be more profitable than the games themselves?

(Rhett Wesley/Unsplash)

Finance

Play-to-Earn Platform Rainmaker Nabs $6.5M Seed Round

CoinFund and others are backing Rainmaker’s plans to ease access to hundreds of play-to-earn crypto games.

(Madhu Shesharam/Unsplash)

Finance

Binance Smart Chain and Animoca Brands Set Up $200M Program for Blockchain Gaming

The two companies will contribute up to $100 million each to invest in early-stage projects.

The Animoca Brands team in Hong Kong (Animoca)

Finance

Animoca Brands and Hex Trust Partner to Provide Institutional-Grade Wallets for GameFi

Hex Trust will offer financial services to users of Animoca Brands’ ecosystem.

The Sandbox

Finance

Animoca Brands Leads $18M Series A for Play-to-Earn Upstart Avocado Guild

The guild wants to empower members to participate in virtual worlds and Web 3.

An illustration of the Avocado Guild metaverse. (Avocado Guild)

Finance

Former Tron Exec Launches Play-to-Earn ‘Mafia’ Game With Twitch Co-Founder’s Backing

The free-to-play “Syn City” is backed by some of the Web 3 gaming industry’s biggest investors.

Young blonde girl with small pistol for self defense

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