All publications by tag «web3»
Web3 Games: State and Prospects on the Road to a New Era (Or Not)
Let’s start with the well-known fact: the crypto-winter is still in session. While traditional game developers are slowly and ungracefully rolling towards an interest in cryptocurrency games, those who develop “playable” variations are still playing around with various crypto schemes.
Trustxgaming is changing the gaming world with a new Play-to-Earn platform based on blockchain technology
Trustxgaming, a crypto platform on the Binance blockchain, has transformed the way play-to-earn fans enjoy gaming. They’ve brought together various games, allowing gamers to explore and handle tokens all in one place. This blockchain-based platform uses a single in-game currency called TXG, so players can earn while having fun online.
Web3 gamers of the world to unite on first-ever esports tournament at Istanbul Blockchain Week
Istanbul Blockchain Week is coming, and within its extensive program, blockchain gaming company W3E will host the world’s first Web3 esports tournament on November, 17. Let’s go over the event’s highlights and key figures.
Blockchain game developer Xterio raises $40 million to create new generation of Web3 titles
Web3 game developer and publisher Xterio has raised $40 million in a new funding round. The Swiss company plans to build a social gaming platform and create free-to-play cross-platform blockchain titles based on its own IPs.
Ultima creator Richard Garriot unveils Web3 MMO Iron & Magic, urges players to buy NFT land
Richard Garriot’s new NFT MMO game, announced a few months ago, now has a name and an official website. The upcoming project involving the Ultima creator encourages future players to buy digital land pots “in the realm of Lord British.”
Lysto raises $12 million to standardize gamer reputation through on-chain credentials
India-based Web3 startup Lysto has raised $12 million to improve its protocol for on-chain credentials. The company’s main goal is to standardize the reputation of users playing different blockchain games and participating in online tournaments.
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.
Polium One dubbed “next-gen console for Web3 gaming” faces criticism, including copying GameCube logo
Blockchain company Polium has announced its own “multi-chain console” for Web3 gaming. The device, however, faced a lot of criticism online, with people struggling to understand its purpose. Not to mention its logo being similar to that of the GameCube.
Project Twelve raises $8 million to build its Web3 gaming ecosystem and make game economy sustainable
Project Twelve (P12), which operates its own metaverse editor, has closed a new $8 million funding round. The company will allocate the money to develop its own Web3 gaming ecosystem and make the game economy sustainable. One of the goals is to remove the widespread for-profit model.
Animoca Brands and The Sandbox backer TGV closes $146 million fund for Web3 startups
VC firm True Global Ventures (TGV), which has already backed blockchain companies like The Sandbox and Animoca Brands, has announced the first closure of its $146 million follow-on fund. It will support late-stage Web3 startups, including gaming ones.
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.