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Gaming
Decentralization on a Spectrum: How Fully On-chain Games Are the Future of Web3 Gaming
Game developers should stop worrying about Web3’s friction and think more about many true benefits that blockchain can bring, says Leah Callon-Butler.
Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is more distributed.
Animoca Brands Raises $20M for Metaverse Project Mocaverse
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network
Intella X, Neowiz’s Web3 arm, has joined Avalanche Arcad3 to build blockchain games in the crazed market.
Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline
The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
The capital will help Xterio add more games and artificial intelligence integrations to its platform.
Sega Rethinks GameFi Plans, COO Calls Blockchain Gaming 'Boring': Bloomberg
Sega earlier promised it would carefully assess play-to-earn gaming models and NFTs to make sure its efforts in the space weren’t seen as “simply money making.”
Avalanche-Backed Web3 Gaming Studio Pixion Games Closes $5.5M Seed Round
The funds will go towards building out Fableborne, the studio’s flagship Web3 game.
NFL Rivals Scores 1M Downloads for NFT-Based Mobile Game
The game hit the milestone in under two months since its release in the Google Play and Apple Stores.
