All publications by tag «blockchain»
Blockchain project Oasys partners with Yield Guild Games to boost Web3 gaming in Japan
Japanese GameFi project embarks on a mission to promote Web3 gaming in the country along with the blockchain gaming guild Yield Guild Games. More than that, the union intents to attract more developers and investors globally to Japan’s gaming market. How do they see these leadership strategies?
Report: crypto companies laid off almost 5,000 employees this year, with Coinbase cutting over 1,000 people
The ongoing crypto winter, which has wiped out almost $2 trillion in value from the market, has affected blockchain companies across the globe. This has resulted in nearly 5,000 people losing their jobs in recent months.
Phil Spencer explains his cautiousness about P2E games: “It creates a worker force out of players”
Xbox head Phil Spencer has shared his thoughts on the latest trends in GameFi. He expressed his concerns about the play-to-earn model and explained why a lot of gamers now don’t like the concept of the metaverse.
Crypto gaming DAO Matchbox raises $7.5 million to become ‘on-chain version of Unreal Engine’
MatchboxDAO, a community of on-chain game developers, has raised $7.5 million at a $50 million valuation. The team will promote development on Ethereum scaling platform StarkNet and build infrastructure for on-chain titles.
Halliday raises $6 million to integrate ‘buy now, pay later’ NFTs into blockchain games
Halliday wants to lower the entry barrier to blockchain gaming. The startup has raised $6 million to offer players “buy now, pay later” NFTs, so they could claim ownership of in-game assets and pay for them over time.
Bankrupt crypto broker Voyager Digital secures approval to return $270 million to affected clients
Voyager Digital, a crypto broker with somewhere between $1 billion and $10 billion in assets, filed for bankruptcy in July. The company has now received court approval to return hundreds of millions of dollars to affected clients.
40% of players in US, UK, and Indonesia show interest in blockchain games but need less risks and more knowledge
The general interest in blockchain games is growing globally, according to a new survey by Newzoo. However, developers must better educate players and remove barriers that prevent mass adoption of Web3 gaming.
Playstudios steps into Web3 field, launches blockchain division and $10 million fund
Mobile developer Playstudios has opened a blockchain division to provide players with more reward opportunities with new engaging experiences. On top of that, the company launched a special fund focused on Web3 projects.
Square Enix backs Zebedee in $35 million round to integrate Bitcoin-based payments into video games
Fintech startup Zebedee has closed a new $35 million funding round. The company will allocate this money towards scaling its blockchain payment platform for virtual worlds. The ultimate goal is to help developers build real economies in video games and let players earn Bitcoin while playing.
Former TikTok gaming head launches Meta0 to develop multi-chain protocol for NFT games
Jason Fung, former head of TikTok’s gaming division, has founded the new company titled Meta0. He wants to fix infrastructure problems with blockchain gaming by developing a special protocol with multi-chain support.
Crypto fund Three Arrows Capital files for bankruptcy after failing to pay $670 million loan
Crypto hedge fund Three Arrows Capital (3AC) has filed for bankruptcy amid the ongoing blockchain industry collapse. The company is now seeking protection from creditors in the US after failing to pay a $670 million loan.
Uncorrelated demand, time-limited events, and other things blockchain games can learn from Genshin Impact
Blockchain games have been attracting investors’ attention for a while now, but they usually struggle to retain players and keep the engagement level high. So here are 5 things that crypto developers can learn from free-to-play hits like Genshin Impact to improve their projects.
Report: total trading volume in blockchain gaming reached $6.3 billion in Q1 2022
Blockchain gaming surpassed $6 billion in trading volume in the first quarter of 2022, according to the latest report by Footprint Analytics and DeGame. The study highlights top chains by transactions, as well as analyzes GameFi tokens liquidity and fundraising amounts.
Report: speculation over enjoyment and other emerging problems with blockchain gaming
Blockchain gaming has been rapidly growing for a while, attracting users and investors globally. However, this growing industry still has a lot of issues that need to be solved, including the large amount of speculation and its unsustainability.
Rami Ismail uses simple dice to explain what is wrong with NFT interoperability for video games
The idea of moving NFT items between different games is getting more popular, especially among people who don’t fully understand how this industry works on the tech side. Game developer and consultant Rami Ismail has explained why this concept is probably a no-go using a simple dice model as an example.
Story of 90s Doom 3DO port and what it says about modern-day NFT evangelists’s view of video games
The making of the 90s Doom port for 3DO has long become the stuff of legend. A man who secured rights for it thought that you could just copy files from the PC version and add new weapons by uploading jpegs. Now people compare this story to fantasies about moving NFT items between different games.