Animoca Brands owns $1.5 billion worth of blockchain gaming assets, with its bookings reaching almost $580 million
Animoca Brands has shared its latest unaudited financial report. The company, which owns games like The Sandbox and Phantom Galaxies, stated that it now holds $1.5 billion in crypto and blockchain gaming assets.
Gala’s battle royale GRIT to become first NFT game on Epic Games Store as it pledges to bring Web3 into mainstream
Blockchain gaming platform Gala Games has announced its partnership with Epic Games as part of its strategy to bring Web3 into the mainstream. The company’s upcoming battle royale GRIT will become the first NFT game on the Fortnite maker’s store.
Hackers steal $380k worth of NFTs after compromising Bored Ape Yacht Club’s Discord server
Yuga Labs has suffered another attack on its Discord server. As a result, hackers managed to steal around $380k worth of Bored Apes NFTs, with the project’s founder later blaming Discord for the lack of security.
Meta Apes becomes first Web3 game on BAS, which allows devs to run their own dedicated chains
Meta Apes, a free-to-play MMO strategy game, has become the first title to launch on the BNB Chain Application Sidechain (BAS). It opens new opportunities for the developers, who claim to mix the benefits of a decentralized economy with the fun of traditional Web2 gaming.
Ni no Kuni: Cross Worlds devs cause controversy by adding cryptocurrency and announcing NFTs
Game companies across the globe have been trying to integrate blockchain into their titles for a while. The latest example is MMO Ni no Kuni: Cross Worlds from South Korean developer Netmarble, which has already caused backlash over in-game crypto elements.
Pegaxy to add skill-based gameplay elements amid ongoing struggles to retain audience
Developers of blockchain games have started to look towards adding more traditional entertaining elements to their projects. Mirai Labs recently announced its plans to include skill-based gameplay into its NFT horse racing title Pegaxy, which has been experiencing some issues with retaining players.
The Sandbox launches game jam for UGC projects built with Game Maker, prize pool set to be $340k
Pixowl has found a new way to motivate users to create UGC for The Sandbox. The company launched a new game jam, where participants will compete for a prize pool consisting of utility tokens worth a total of $340k.
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.
Niantic snaps up SpotX Games to expand into Web3 on its way to building real-world metaverse
SpotX Games, a new Miami-based startup, has officially joined the Niantic family. The team will help the company behind Pokémon Go to strengthen its positions in the area of Web3 gaming, as it plans to build the so-called “real-world metaverse.”
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.
Artist making less than $10k per year sells their first NFT pixel art for $43k
NFTs can really change people’s lives, and this time for the better. An artist / indie developer, who has been struggling to earn off their work, has decided to try out the blockchain and sold their first drop for tens of thousands of dollars.