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Gaming
FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming
FTX, Lightspeed Venture Partners, and Solana Ventures are investing $100 million in Web 3 gaming development. The funding will go towards gaming studios and technology integrating the Solana blockchain into video games on desktop and mobile platforms. The Hash" group discusses the implications for the initiative, one of the largest capital investments ever in the growing Web 3 gaming space.
A16z Leads $150M Round for NFT Game Platform Mythical Games at $1.25B Valuation
The startup has launched its own play-to-earn game and plans to license the technology to other developers.
FTX, Lightspeed Lead $21M Funding Round in Gaming Studio Faraway
Faraway’s Mini Royale will be the first multiplayer title to integrate Solana-based FTXPay with NFTs and wallets.
Blockchain Game Companies Pen Open Letter to Valve: ‘Don’t Ban Web3 Games’
The developer booted the games from its Steam platform last month.
Paradigm Leads $5M Seed Funding Round for Play-to-Earn Game AI Arena
Developer ArenaX Labs plans to launch the game in early 2022.
GameStop Enters the Metaverse With ‘Web3 Gaming’ Job Post
A new job listing posted by Gamestop reveals it is looking to build an Ethereum-based Web 3 arm after teasing an NFT marketplace in May. "The Hash" squad discusses the specifics, reactions, and implications following the latest sign a metaverse-esque future could be ahead for the gaming industry.
Play-to-Earn Game Firm Sipher Raises $6.8M in Seed Round Co-Led by Arrington Capital
The funding will help speed up the development of Sipher’s soon-to-launch World of Sipheria play-to-earn game.
DraftKings Founders Back ‘Play-to-Earn’ Soccer Game With $3M Raise
MonkeyBall, a self-described mashup of “FIFA Street” and “Final Fantasy,” will run on the Solana blockchain.
‘League of Legends’ Vets Launch $90M Gaming Seed Fund
The fund will invest heavily in Web 3.0 projects and includes a16z’s Chris Dixon as a backer.
Galaxy Digital’s Entertainment Arm Raises $325M Fund for NFT, Gaming Bets
Galaxy Interactive has already showered about $150 million on projects such as Art Blocks.
