Korean game developer WeMade is raising substantial amounts through convertible bonds with Microsoft and other major players, so let’s see how it scales up its Web3 efforts and if a new Web3 project awaits the gamers’ community.

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.