The vast majority of the funding will come from BitDAO, one of the fastest growing decentralized treasuries in the world. As outlined in a prepared statement obtained by Cointelegraph, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers worldwide to the blockchain ecosystem. Entities…
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The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public – particularly the younger generation – get acquainted with this new concept. … Read More: KuCoin Makes a USD 100M Bet on Metaverse Read more »Pay, Trade,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Investments in Bitcoin Increased, in Ethereum – Dropped + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Most game developers in U.S. and U.K. are now using blockchain elements in their games, according to a study released this week. The study, commissioned by a company named Stratis, reveals that the popularity of blockchain, NFTs, and the new play-to-earn model in the crypto market is making game developers change the traditional ways in…
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Last month, the number of daily unique active wallets (UAWs) connected to blockchain dapps (decentralized applications) reached an all-time high, exceeding 2m per day on average, according to a report by dapp information provider DappRadar. Despite a robust surge in the use of decentralized finance (DeFi) dapps, the number of UAWs connected to games represented…
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The majority of surveyed game developers are exploring using non-fungible tokens (NFTs) and blockchain in new games, and find that these innovations have the potential to add value and create more engaging player experiences, a recent survey by the blockchain platform Stratis (STRAT) reveals…. Read More: 72% of Surveyed Game Developers Interested in Using NFTs…
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Lightspeed Venture Partners and FTX led blockchain game developer Faraway’s $21-million funding round. While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi. Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that…
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At the non-fungible token (NFT)-focused conference, NFT.NYC, developers from the Metalcore Foundation and Studio 369 revealed an NFT-powered mechanized combat video game. The game’s creators have worked on projects for Activision, Disney, Lucas Films, Midway, and the Mechwarrior, Mortal Kombat, and Gears of War franchises. Metalcore Foundation, Studio 369 Reveal Blockchain-Powered Mech Battle Game A…
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Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a…
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Epic Games is open to blockchain game developers, but the company has no NFT plans. Gaming platforms are choosing sides on blockchain, cryptocurrencies and nonfungible tokens (NFTs) within their respective ecosystems. Following reports of Valve banning crypto and NFT-related games on Steam, its primary competitor, Epic Games Store showed a welcoming attitude for blockchain developers…
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