blockchain game – Page 3

2008 ‘Lehman Moment About to Hit’ — Major Banks Suffer; How to Access Your ETHW, ‘No Digital Dollar Act,’ Sega Blockchain Game — Bitcoin.com News Week in Review

October 9, 2022

In this week’s edition of the Bitcoin.com News Week in Review, two of the world’s largest banks — Credit Suisse and Deutsche Bank — are suffering from distressed valuations, with credit default insurance levels looking like those last seen in the 2008 financial crisis. For those interested in assets outside of such behemoth tradfi (traditional…
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Skyweaver’s parent company secures $40M in Series A funding

October 5, 2022

The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors. Horizon Blockchain Games, the developer behind the Skyweaver game, has raised $40 million in Series A funding, the company disclosed on Oct. 4. The round was led by Brevan Howard Digital and Morgan Creek…
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NFTs bring in-game ownership to a new level, says Blokhaus founder

September 24, 2022

NFTs improve interactivity by allowing users to unlock fully modular, community-driven in-game experiences to which they own the pieces, explains Mark Soares, the founder of Blokhaus Inc. Nonfungible tokens (NFTs) have taken the gaming world by storm. Whether it’s through limited edition collectibles, avatar enhancement or play-to-earn incentivization, digital assets have given in-game ownership a…
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South Korean ministry recommends enactment of special Metaverse laws

September 18, 2022

The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the…
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GameFi fundraising jumps 135% in August, but is still down from June: Report

September 12, 2022

Web3 games and Metaverse projects have raised $748 million in funds last month. The GameFi sector remains a leading force in the blockchain and crypto space despite the ongoing downturn in the crypto market. Recent numbers from DappRadar revealed that Web3 games and Metaverse projects raised $748 million in funds last month. This was up…
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How GameFi contributes to the growth of crypto and NFTs

September 10, 2022

The GameFi sector has achieved unprecedented growth over the past couple of years and is attracting investors. The crypto industry has grown tremendously over the past couple of years, and one of its biggest drivers is the GameFi industry. GameFi — a portmanteau of gaming and finance — enables gamers to earn rewards while playing.…
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Gaming makes up over half of blockchain industry usage, DappRadar

September 3, 2022

The gaming sector accounts for nearly 51% of the activity in the blockchain industry with hundreds of millions in transactions, according to August data. New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM),…
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GameFi investors are now prioritizing fun factor over money: Survey

August 28, 2022

While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential. The GameFi ecosystem attracts GenZ…
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Fortnite developer supports Animoca subsidiary’s blockchain racing game

August 19, 2022

The indie games subsidiary has just received support from Epic Games for its upcoming blockchain-powered P2E racing game Torque Drift 2. Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received received financial support from video-game giant Epic Games to develop a new blockchain-based motorsport game Torque Drift 2 Receiving an…
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Game dev explains why blockchain should be ‘invisible’ in P2E gaming: KBW 2022

August 9, 2022

Mobile game developer Com2uS is stepping up its Web3 game with the launch of its own blockchain to emphasize the needs of next-generation gamers. According to the company’s president Kyu Lee, who spoke at Korea Blockchain Week 2022 in Seoul, revealing the plan to launch a new blockchainCom2uS, the mobile game developer wants to create…
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Category: blockchain game