Animoca Brands will invest in the TON blockchain protocol and become its largest validator as it eyes GameFi development on the platform. Web3 investment firm Animoca Brands is set to become the largest validator on The Open Network (TON) blockchain, and it plans to deliver blockchain-based games to messaging application Telegram’s 800 million users. An…
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Sixteen startups selected from over 1000 applications will present their projects to a global audience. Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups. Selected from over 1000 startup applications, the 16 participants of the second cohort…
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The company claims a cast of employees whose collective entertainment industry resume contains titles such as Halo, Call of Duty and Westworld. Web3 gaming developer Neon Machine raised $20 million in Series A funding toward the development of its highly anticipated extraction shooter, Shrapnel. This round follows a $10.5 million seed round completed in June…
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Xsolla and BitPay now support Ripple’s digital currency for in-game purchases. Roblox, an online game platform with over 200 million monthly active users, now accepts XRP (XRP) as a payment method, according to an Oct. 17 announcement from BitPay on X (formerly Twitter). News Alert @Xsolla now accepts XRP(@Ripple) with BitPay as a payment method…
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More signs say the acquisition will boost metaverse applications in business than in gaming as CEO Nadella talks about productivity and metaverse enthusiast Kotick leaves Activision. A lot was said about the metaverse when the Microsoft deal to acquire Activision Blizzard was announced in January 2022. The attention mainly was on business communications, rather than…
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Proof of Play raised $33 million to create fully on-chain games that “quickly immerse players in fun gameplay.“ Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear…
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Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment. The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the development of its Mocaverse platform. Animoca raised $20 million in…
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Google will let developers expand offerings of blockchain-related content including through support for non-fungible tokens (NFTs) in apps on its store for Android devices. The change will allow users to earn and transact with digital collectibles, potentially reviving interest in the NFT market. Google Play Marketplace Announces NFT Integration Google unveiled that it’s updating its…
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Animoca Brands co-founder Yat Siu expects a number of its blockchain gaming investments to come to market by the end of 2023. Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.…
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From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3. Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly awaited game may incorporate digital assets as rewards for…
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