Latest News on Crypto, NFTs, Play-to-Earn, and Web3, Blockchain Innovations

Xsolla, a renowned global video game distributor, has introduced an innovative tool called Xsolla Drops to enhance their Xsolla Partner Network. This tool is designed to provide game developers with enhanced marketing capabilities, ultimately driving player engagement, retention, and sales. Xsolla Drops facilitates the promotion of in-game items like virtual currencies, skins, NFTs, game keys, and premium services.Alexander Menshikov, Xsolla's Business Head, emphasized that Drops simplifies the process for game creators to connect with and reward their players. The tool enables personalized marketing campaigns and experiences through customizable landing pages without requiring coding skills.Given the rising costs of user acquisition, Drops employs a multi-tiered strategy to reignite players' interest in discovering new games and offers creators more value. It also collaborates closely with influencers, artists, esports professionals, celebrities, and prominent companies.Testimonials from industry players like Scott Robinson of SprintGP underscore the effectiveness of Drops in rapidly increasing user numbers and website traffic. Drops not only aids developers in attracting new players but also fosters a sense of community and engagement through exclusive content.Drops, an extension of Xsolla Partner Network, empowers developers and influencers to collaborate in promoting games to a wider audience. The tool facilitates the distribution of exclusive digital content, fostering player involvement and appeal.Moreover, Drops addresses budget constraints by offering a cost-effective solution that combines influencer marketing with exclusive digital content. By strengthening player communities and refining marketing strategies, Drops enhances player retention and builds long-term relationships.Drops' groundbreaking approach leverages monetization techniques to transform player discovery, re-engagement, and retention. It enables developers to create tailored programs with unique rewards, NFTs, and content, capturing players' interest. The user-friendly interface streamlines the project setup process, saving developers time and effort.Drops engages diverse audiences through various methods, invigorating the game discovery process and maintaining player interest. The tool's collaboration with influencers amplifies brand awareness and audience reach, all at a low cost per lead.Xsolla Drops equips developers with tools for direct-to-consumer sales, robust analytics, secure inventory storage, community building, and anti-piracy measures. It is positioned as a comprehensive solution for developers seeking effective game sales strategies and sustained player engagement.

Gala Games, a blockchain-based gaming platform, has announced its decision to burn 21 billion Gala coins in order to prevent potential future token sell-offs and address concerns within its community. The move was prompted by worries about excessive token availability, potential dumping of tokens, and the potential devaluation of GALA coins after the release of the v2 token.The company's 2023 Vision Paper outlined plans to burn two billion GALA tokens within a year, along with an additional 3.96 billion GALA tokens, equivalent to the total tokens issued since the platform's inception in 2019. This strategic token burning was intended to bolster community sentiment, strengthen the node community, and promote mobile growth.Token burning, a practice in which tokens are permanently removed from circulation, is known to impact supply and demand dynamics, potentially leading to increased token value over time. Gala Games aimed to create scarcity within the token ecosystem, driving up demand and consequently enhancing token prices.Following the release of the v2 token, Gala Games shared news of burning an additional 15 billion tokens. This information was disseminated through the company's official Twitter account, signifying a new phase for the platform.Gala Games also introduced an upgraded version of its token, GALA v2, with existing GALA holders receiving a 1:1 ratio of the updated token. The company's CEO, Jason Brink, emphasized the company's commitment to long-term sustainability and the necessity of deriving benefits from the ecosystem rather than relying solely on a stockpile of tokens.In a bid to secure future funding, Gala Games allocated 2 billion GALA tokens for future use, transparently storing them in a doxxed wallet to instill confidence in the community. This allocation aimed to facilitate the platform's growth and reward its participants.Gala Games offers a diverse range of blockchain-based games, allowing players to earn non-fungible tokens (NFTs) and GALA cryptocurrency as rewards. The platform collaborates with Ethereum, Polygon, and BNB Chain to provide optimal token exchange and user experiences.Overall, Gala Games' strategic token burning and initiatives to strengthen the ecosystem were designed to address community concerns, enhance token value, and ensure the platform's sustainable growth.

Last Remains is an upcoming AAA survival zombie-infested NFT battle royale web3 game where you have to survive and reach the extraction point. Find valuable NFTs in a town full of zombies where you have to survive on your own to get to the extraction point. Last Remains is an upcoming AAA survival battle royale game where you have to be sneaky to win. This Web3 game is a mix of zombie games, stealth games, battle royale games, and games where you can play and earn money. In this earn-and-play game, 30–50 players will compete in a battle royale to find NFTs. Everyone is on their own, and staying alive isn't the only thing you need to do to survive. So, don't trust anyone, move quickly, stay hidden, and outsmart your rivals to be the last person standing. The game is still being made, but it will be a fun PvE game where you have to move around the map quietly to find important resources.

In the realm of web3 gaming, the past week has been bustling with activities, including playtests, updates, reports, and intriguing news. Several significant developments have taken place:Guild of Guardians Updates:Guild of Guardians, a prominent web3 game, has undergone significant changes, thanks to its partnership with Mineloader. Progressing into the "The Beautiful Corner" phase, the game is enhancing gameplay mechanics and gathering player feedback. Additionally, NFT Staking is being introduced through collaboration with Guardians Guild Limited, offering rewards to participants. The game is moving towards its Limited Beta phase, followed by the much-anticipated Open Beta Launch on mobile devices. A transformation into a Roguelite Squad RPG aims to elevate the game's appeal. Keep an eye out for updates on The Guild's Treasure season and airdrop rewards.Axie Infinity Origins on App Store:The blockchain-based sensation, Axie Infinity, has taken an unexpected move by releasing its free-to-play NFT game, "Axie Infinity: Origin," on the Apple App Store. This move has led to a 15% increase in Axie Infinity's value, considering Apple's prior restrictions on NFT-related activities. While initially accessible in certain countries, this partnership with Apple opens avenues for user base growth and tailored features for Apple devices.Illuvium Overworld Private Beta 2.0:The highly anticipated blockchain game, Illuvium, is inviting players to join the Overworld Beta Test 2.0. Interested participants need to register on the official website and complete a beta application. Limited spots are available, and selection considers factors such as registration information and computer specifications. This beta phase aims to gather valuable feedback from community members, players, and journalists to enhance the game. The beta test introduces exciting features like new areas, collectible rivers, flying and sliding mechanics, and improved user interfaces.Gala Games Token Burn and Migration:Gala Games has migrated its GALA token to a new contract, involving the burning of over 20 billion tokens to align with their future plans and GRYI blockchain. This transition aims to enhance the GALA token's utility and value. However, some issues with Coinbase have been reported. The GALA token will replace the TOWN token as the base currency on Gala Games' Gala blockchain, emphasizing long-term goals, decentralization, and tokenomics.Roblox Q1 2023 Earnings Report:Roblox's Q1 2023 earnings report reveals a mix of positive and negative outcomes. While the company exceeded revenue expectations, its loss per share was larger than anticipated. Notably, Roblox experienced a 22% YoY increase in daily active users, reaching a record 66 million, along with a significant rise in engagement hours. These figures highlight the enduring popularity of Roblox's immersive games and its global player community.Life Beyond Tokenomics Details:The team behind the web3 game "Life Beyond" shared insights into their game economy and tokenomics strategy. The game aims to attract users unfamiliar with blockchain technology by providing a seamless experience and an in-game wallet for purchases. The economy will involve two tokens: DOLS for basic tasks and an unnamed fungible token for NFT interactions and governance. This approach simplifies on-chain interactions, widening the game's accessibility.Genopets Roadmap Update:Genopets, an NFT pet game, unveiled its new roadmap titled "The Road to Market" following the completion of its previous phase. Augments and PvP gameplay are central to this new stage, bringing the game closer to its Phase II launch. Augment enhancements, recycling, and trading are on the horizon, alongside Step Battles and PvP combat that integrates augmentations.In the dynamic landscape of web3 gaming, each week is marked by a flurry of developments, exemplifying the industry's constant evolution and innovation.

Blockchain gaming has been going up in an amazing way, dominating on-chain transactions and getting a lot of users in the Web3 environment. In April, data company DappRadar said that a big chunk of all on-chain transactions were related to gaming. It makes up 38% of all crypto trades right now. Even though the number of daily active wallets went down a little, gaming-related activities continued to grow. In the study, blockchain games were at the center of everything and made up a big part of on-chain transactions. Even though the number of daily active wallets dropped by 10% compared to the month before, 38% of all crypto transactions were tied to gaming. This number shows how gamers are becoming more and more interested in the blockchain area.

Random Games, which is known for making games that are new and exciting, has announced that Reyu will be the first playable NFT in their new Unioverse series. Random Games is also laying the groundwork for an ambitious and interesting franchise by releasing a comic book, NFTs, short fiction stories, and an immersive minigame called "The Proving Grounds." This article goes into great depth about how Unioverse, Reyu, and Random Games put the game and the community first. Also, they showed that they were serious about giving players an open and creative gaming experience.The main character of the Unioverse franchise is Reyu, who is called a "warrior monk" on the website. Reyu, who looks like a cross between a human and a xenomorph, has a mesmerizing mix of strength and grace.

Axie Infinity: Origin’ on the Apple AppStore. An Ethereum-based token has experienced a rapid pace in its growth and expansion. Cryptocurrency gamers and investors are currently stunned as Axie Infinity has announced the arrival of its NFT game ‘Axie Infinity: Origin’ on the Apple AppStore. Axie Infinity, an Ethereum-based token has experienced a rapid pace in its growth and expansion in the blockchain games market. The card-based strategy game allows players to gather, collect, and use an infinite variety of creatures known as Axies to fight and win.

Guild of Guardians, the popular Web3 game, has recently shared some exciting updates. Let's dive into the details! Exciting updates from Guild of Guardians: Mineloader partnership, NFT staking, and transition to Roguelite Squad RPG. Stay tuned for more! Guild of Guardians' first milestone update talked about a successful partnership with Mineloader, a well-known game development company. The partnership has been successful.

Due to problems with regulations in the US, the unique cockfighting game MechaFightClub, which is based on NFT, has been put on hold for good. Irreverent Labs had been working hard for more than a year to make a cockfighting game that was unlike any other. The web3 gaming industry is in shock, which is a shame because passionate gamers and NFT holders were looking forward to Irreverent Labs' groundbreaking release. Even though the US developer of MechaFightClub NFT got $40 million in funding last year, work on the game was suddenly stopped. The lack of clarity in US regulatory law was given as the reason. It's surprising to hear that the NFT-based game has been put on hold, with the developers calling it a "indefinite hibernation" after showing off such a great presentation and gameplay.

In the world of Illuvium, you're about to go on an amazing journey. The highly anticipated Web3 game is getting ready for its upcoming secret beta test, and trust us when we say you won't want to miss this chance! As the game's second beta test, this round will focus on the exciting new Overworld areas, which will add a whole new level of fun to the game. But there's more! The team has been working hard, so you can look forward to a lot of new Illuvials and exciting changes to the Arena Survival Mode. By becoming a beta tester, you'll get early entry to the game and be able to try it out for yourself before anyone else. This means you'll have the chance to give feedback that will help improve the game and make sure it's good before it's released to the public. If you've been lucky enough to take part in private betas in the past, you don't need to worry. As a thank-you for your continued support, you will instantly get access to the Private Beta 2 Overworld.

The widely used social network Line's subsidiary, LINE NEXT, has revealed its intentions to launch five games on its Web3 gaming platform Game Dosi in the second half of 2023. The NFT-focused company with headquarters in the US has stated that it plans to increase the scope of its gaming products. Get ready for an immersive Web3 gaming experience as they unveil five captivating titles including Sweet Monster Guardians, Vestria the Last Order (VLO), KEROZ, Drawshop Kingdom Reverse, and Project GD. Each title has distinct mechanics and gameplay, according to the company. DOSI, the name derived from the Korean word for "city," offers brands and companies support programs for NFT creation and global marketing.

Aurory has become the most popular game in the Solana ecosystem and is set to change the way people play games in the always-changing world of blockchain gaming. With the release of the Prologue to Adventures, Aurory has made a big step forward in its long-term plan. Its innovative gameplay and features keep people interested. The Prologue is the basis for Aurory's ability to grow and change. Jon Campeau, who is the Executive Producer and Head of Production, was very happy and said that a lot of hard work went into reaching this milestone. Also, the game promises a gripping story and exploratory gameplay that will keep players interested for years to come. It takes ideas from well-known game series like Final Fantasy and Pokémon.

Helika, an innovative analytics startup, has joined forces with Yuga Labs, the visionary creator of popular NFT to revolutionize Web3 Gaming. With advanced data, Helika and Yuga Labs change the way people play web3 games. The Web3 gaming industry is changing quickly, and this has led to a new way of thinking in which blockchain technology meets engaging game experiences. Helika, an innovative analytics company, has joined forces with Yuga Labs, a creative company that makes famous NFT collections and games. The goal of the agreement is to add powerful analytics to Web3 gaming. Also, the goal of our partnership is to use the power of data and give important information to game companies in order to improve player experiences, help the Web3 gaming industry grow, and drive innovation.

Roblox, the popular online multiplayer game and platform, recently published its quarterly earnings report for Q1 2023. The exclusive report reveals a mixed bag of results. While the company reported a wider-than-expected loss per share, it exceeded revenue expectations. Moreover, it witnessed significant growth in its user base. This article delves into the key highlights from Roblox's financials, explores the surge in its user base and engagement, and analyzes the outlook analysts provide. Roblox's Q1 2023 financial results showcased both positive and negative aspects. On the positive side, the company reported revenue, referred to as "bookings," of $774 million. It surpasses the consensus estimates of $766 million. This revenue growth underscores the continued popularity and engagement of the platform. However, Roblox fell short of Wall Street expectations, with a loss per share of 44 cents, previously it was 40. The wider loss was due to factors such as developer exchange fees and infrastructure investments.

Yuga Labs’ steaming hot juggernaut continues to play a massive role in Web3 gaming and its future. The studio has a lot under its belt, it is the creator of the Bored Ape Yacht Club in 2021 which was a massive success. Since then it on a role creating new IPs, buying some, several successful projects, and a top new gaming project, the Otherside. Another super successful runner web3 game by Yuga Labs is Dookey Dash which made waves on social media. But how did Yuga Labs reach superb heights? What is their gaming strategy? How simplest of games in less time doing well and not breaking? What elements are important in a successful Web3 game? Yuga Labs Chief Gaming Officer Spencer Tucker shared insights on Yuga Labs' journey and future while talking in Naavik Gaming Podcast. For Yuga Labs, their focus lies on the core, which is their community, specifically its NFT community. The idea is to deliver quality to its core community.

Infrastructure to Support Developers: Fostering Mass Adoption in Web3 Gaming. GDC reports Blockchain technology can revolutionize gaming. Developers are a big part of how the video game business adopts and uses new technologies. In the case of blockchain gaming, the major reason why people are becoming more interested in Web3 gaming is because of developers. A recent GDC State of the Game Industry study found that more than a quarter of game companies are interested in blockchain technology or already use it. This growing interest shows that Web3 games have a lot of promise. It focuses on the idea that blockchain technology could change how the game business works.

Interesting week wrapping where a lot happened during the week in the Web3 gaming industry. We got our hands on a significant report on blockchain gaming activity by DappRadar. Additionally, we saw Binance Group coming to the rescue and providing its platform to Gala Games Contract Upgrade. Eternal Dragons came out with a massive update introducing quest mode and NFT integration. Furthermore, Ultra Games rolls out its Chrome extension for Ultra Wallet. More news from the gaming sector where The Nemesis metaverse launched its NEMS token, Champions Ascension moving to Polygon blockchain, The Sandbox May Festival, and Blocklords opening community beta. Finally, big news for NFT enthusiasts, NFT Worlds announces Rebrand to Topia. According to DappRadar, blockchain gaming experiences have seen a decline in activity. However, there are still some updates and launches taking place within the industry. Eternal Dragons has introduced its biggest update, Ultra Games has launched its Chrome extension, BLOCKLORDS has released its community beta, and Champions Ascension is moving to the Polygon blockchain and making other upgrades. Additionally, NFT Worlds has rebranded itself to Topia.

Gaming has come a long way since the days of Pong and Space Invaders. The gaming industry has evolved and transformed into a multi-billion-dollar industry, with millions of gamers around the world. But the rise of NFTs, or non-fungible tokens, has taken gaming to a whole new level. NFT games are the future of gaming, and with the benefits of digital ownership, it's not hard to see why. In this article, we'll explore the exciting world of NFT games, and why they are set to revolutionize the gaming industry. From creating a sense of ownership and uniqueness to providing players with the ability to earn real money, NFT games offer a host of benefits that traditional gaming simply can't match. So, buckle up, and get ready to discover why NFT games are the future of gaming. NFT games are video games that use non-fungible tokens (NFTs) to represent digital assets.

Let's take a look at Polygon's zkEVM, which is a layer-2 scaling solution that allows smart contracts on the Polygon network to be run in a way that is both fast and scalable. How does it do this, though? Using zero-knowledge proofs (ZKPs) and a trustless mechanism, the zkEVM Prover is a key part of generating and checking ZKPs to show that smart contract execution was done correctly. In this blog, we'll look more closely at how the zkEVM Prover is made and what it can do. How it lets developers build scalable, trustless, and decentralized apps on the Polygon network while reducing the costs and complexity of on-chain computation. So, buckle up and let's go! Polygon's zkEVM Prover is an important part of the Polygon network. It lets smart contracts on its layer-2 scaling solution run quickly and on a large scale.

DappRadar has shared a list of promising Web3 games that will be launching massive updates in the coming weeks, and in this article, we will analyze some of the best play-to-earn Web3 games available for May 2023. Play-to-earn games are becoming increasingly popular as gamers seek ways to earn cryptocurrencies while playing their favorite games. In the first quarter of 2023, several exciting Web3 games were launched, providing gamers with immersive gaming experiences. As Web3 becomes the norm, play-to-earn games will continue to gain popularity, and game developers are ensuring they meet gamers' standards. DappRadar has highlighted some of the most epic Web3 games to follow this month, and this article discusses and analyzes the list of Web3 play-to-earn games for May. The list of games includes The Sandbox, Shrapnel, Splinterlands, Paradise Tycoon, Eternal Dragons, NFL Rivals, Kaidro, and DEFY.

The article gives insights into the Growth, Fluctuations, and Innovations in the Blockchain Gaming and Virtual Worlds Industry. Blockchain gaming experienced a slight decline in activity in April 2023 according to a recent report by DappRadar. The report suggests a 10% decrease in overall activity. However, blockchain games still accounted for 38% of on-chain activity, demonstrating their continued relevance and potential for growth. The emergence of new gaming chains such as Arbitrum and Immutable X, with Arbitrum experiencing a 118.36% increase in users and Immutable X witnessing an 8.88% growth, reflects the ongoing expansion of the blockchain gaming ecosystem. This growth will lead to further innovation and a wider range of gaming experiences in the future. WAX is the most popular game chain right now, with more than 320,000 unique active wallets (UAW) being used every day. Polygon is in second place with more than 140,000 UAW, followed by Hive with about 86,000 UAW and BNB Chain with 82,000 UAW. Game makers and investors are both interested in Sui, a new blockchain network.

Ultra Games has reached another important milestone by launching its Google Chrome application. This comes after the successful launch of the Ultra Games store. Ultra Games is the Steam version of Web3 games, which is changing the video game market by adding more features for a better gaming experience. By adding this extension to their computers, Ultra Games users can go straight to their wallets. Users can put their UOS and Uniqs in the cryptocurrency wallet that doesn't hold users' money. With this application, users can also trade NFTs safely and without paying any extra fees. Also, Ultra Games was going to release their third-party data source. Ultra Games has also given the name 'Ultra is Life' to their third-party data source and interface. 'Ultra is Life' lets users see what NFT and ultra wallet trades are going on in the Uniq market.

The Gala Games contract upgrade marks a significant transformation in the game ecosystem. This update introduces a new token, $GALA(v2), which will replace the original $GALA token, offering users improved security, growth prospects, and additional features. The transition is scheduled for Monday, May 15, around noon PT time. Token holders will receive the new $GALA(v2) token at a 1-to-1 rate. However, holding $GALA in centralized exchange wallets might lead to issues, as the exchange could gain ownership of the new tokens.Binance Group plays a crucial role in this transition, supporting Gala Games in their contract upgrade. The new $GALA(v2) token will be backed by Binance, providing technical expertise and ensuring a smooth process. Exchange support is vital to ensure users can seamlessly obtain the new tokens, and centralized exchanges must manage the token swap accurately.Gala Games has been actively engaging with exchanges that list the $GALA coin to gain their support, although some exchanges might not respond in time. They recommend restricting users from entering or withdrawing the old $GALA(v1) token after the contract swap.Binance Group's backing is pivotal in Gala Games' contract upgrade. Binance publicly supports the contract swap and will halt $GALA deposits and withdrawals on the Ethereum network at a specific time. This move aims to ensure that the new tokens are seamlessly integrated into users' accounts. Binance's trust in Gala Games showcases confidence in blockchain technology and fosters trust in the ecosystem.Binance's endorsement is likely to attract more users and investors to the Gala Games ecosystem, enhancing the project's visibility and growth potential. As a major cryptocurrency exchange, Binance's support holds significance. Furthermore, Binance's example sets a precedent for other exchanges, encouraging them to follow suit and facilitate smoother transitions for token upgrades.Overall, Binance's support for the Gala Games contract upgrade is a pivotal development. It demonstrates faith in the project's capabilities, encourages user and investor participation, and sets a valuable precedent for future token upgrades. The upgrade's success on May 15 will be closely observed by the Gala Games community and the broader cryptocurrency industry.

The auto-battle Web3 game Eternal Dragons just got a huge update that promises a ton of new and exciting content for its loyal players. Starting today, the update is in full swing. It adds lite NFT integration, which will let Genesis Eternal Dragons come out for the first time. Along with adding NFT, the update adds Quest Mode Challenges and makes a number of other changes and improvements to the game. Now, if a player takes part in a PvE Quest Challenge, they can win rewards on a daily basis. The change will make the game a lot more fun to play for players who will continue to level up. So, there's a lot to do after the update. You can go to Magic Eden to check your Genesis Holdings, go straight to PvE mode, or fight other players in PvP mode. Let's talk about how these changes will affect the game and the players.

The current economic approach of play-to-earn (P2E) games is one of the biggest problems with Web3 gaming. Play-to-earn games can be very profitable for some people, but they may not be able to keep going in the long run. Casual players don't like games that are more focused on making money than having fun. In a study, the Blockchain Game Alliance said that the main things holding back mass adoption are bad gameplay and hard-to-understand onboarding. To solve these problems, developers need to focus on making immersive and interesting gameplay, a smooth way to get started, and long-term economic models that put players first. Web3 games is a part of the blockchain business that is growing quickly. But Web3 gaming hasn't become popular yet, even though it has a lot of promise. A recent poll found that 75% of game developers plan to work with Web3 games in the future, and 56% of those surveyed think that Web3 technology will change the way games are made.

Web3 assets are still a long way from being used by most people. No matter if it's NFTs, cryptocurrency, tokens, or some other type of digital asset, there are a number of problems that are slowing the growth of Web3. One of the biggest problems is that states all over the world move slowly when it comes to making rules for Web3 digital assets. Part of the reason for the slow method is that Web3's new technology is very fluid. And politicians are trying to figure out and learn more about Web3. But experts say that states need to start regulating Web3 assets as soon as possible. Experts say that states should make rules about Web3 assets as soon as possible. And not wait until the field has reached its peak, since it is always changing. Monday at the Dubai FinTech Summit, there was a panel discussion where these thoughts and points of view were brought up.

The gaming business is on the verge of a big change. As technology keeps getting better, the possibility of more complete and interesting games is becoming a fact. But the business still has to get past a number of problems before it can reach its full potential. One of the biggest problems in the game business is that it has become too centralized. Mysten Labs presents Sui Blockchain, a Layer 1 blockchain and smart contract platform that makes it easy, private, safe, and quick for anyone to own digital assets.

In the world of cryptocurrency, a significant development is taking place regarding Gala Games' native token, Gala, and its upgrade, Gala V2. Coinbase, a major cryptocurrency exchange, is at the center of this development, and its decision not to support the Gala token upgrade has raised questions and concerns within the cryptocurrency community. This article aims to provide a detailed summary of these events and their implications for Gala holders and the broader crypto industry.Gala Token Upgrade and Coinbase's Response:Gala Games, a blockchain gaming startup, has announced plans to upgrade its native token, Gala, to Gala V2. This upgrade is intended to enhance the token's smart contract, making it more secure and versatile for the evolving world of blockchain gaming. However, Coinbase, one of the largest cryptocurrency exchanges, has opted not to support this upgrade. Coinbase announced that it would cease trading the current Gala token (Gala V1) on May 12, three days before the scheduled upgrade on May 15. This decision has left many Gala holders concerned and uncertain about the fate of their holdings.The exact reasons behind Coinbase's decision remain unclear. Gala Games' President of Blockchain, Jason Brink, speculates that Coinbase may view the token distribution as an airdrop rather than a direct replacement, which could explain their cautious approach. Nevertheless, Coinbase's stance is having significant repercussions within the cryptocurrency industry.Implications for Gala Holders:Gala holders who currently have their tokens on Coinbase face several important consequences due to this development. To benefit from the Gala token upgrade to Gala V2, they must transfer their tokens to a compatible wallet by May 15. Failing to do so means they will not receive the upgraded tokens, and Gala V1 tokens will no longer be functional or supported on Coinbase after May 15. This creates a potential challenge for those who held Gala coins in liquidity pools or smart contracts, as they will need to withdraw their holdings promptly to participate in the upgrade.Moreover, beyond the immediate impact on Gala holders, Coinbase's cautious approach has broader implications for the cryptocurrency industry as a whole.Regulatory Challenges and Their Wider Impact:Coinbase's decision reflects the ongoing regulatory challenges that cryptocurrency exchanges are facing, particularly in the United States. Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) have heightened scrutiny of crypto-related activities, particularly initial coin offerings (ICOs) and token sales. Consequently, exchanges like Coinbase are exercising increased diligence when handling token upgrades and distributions.These regulatory challenges range from ensuring compliance with existing regulations to obtaining licenses and approvals from government authorities. While this compliance is essential for investor safety and to prevent illicit activities such as money laundering, it can also stifle innovation and slow down market growth. Stricter regulations may discourage companies from pursuing new ideas and projects due to the burden of compliance.Furthermore, unclear regulatory environments can erode investor confidence, leading to reduced trading and investment activities, which can negatively impact the cryptocurrency market as a whole.The Future of the Crypto World:In summary, the Gala Games' coin upgrade has stirred controversy within the crypto community, but it also highlights the broader regulatory challenges faced by cryptocurrency exchanges like Coinbase. The lack of clarity in regulations and their potential to inhibit innovation and growth remain significant concerns. However, the cryptocurrency industry continues to evolve and adapt. Over time, there is hope for clearer regulations and industry standards, which will foster innovation and growth.Until then, companies in the crypto space will need to navigate these challenges carefully while pushing the boundaries of what blockchain technology and cryptocurrencies can achieve. Despite the obstacles, the crypto industry's future remains promising, with the potential for continued expansion and maturation.

Mysten Labs and a number of the best game developers are starting the Sui blockchain network. The people who make games are Atari, Animoca Brands, Sandbox, and Decentraland. These agreements bring together the skills of game developers and blockchain technology to set a new standard for games. Atari, which is famous for games like Pong and Asteroids, will use its experience with games on the blockchain. RollerCoaster Tycoon will come out with the help of Mysten Labs on the blockchain. "RollerCoaster Tycoon: Atari World," a new game, will be better because of blockchain.

The Nemesis, a VR AR Metaverse platform, is preparing to launch its own ERC-20 payment token called NEMS on May 8th, 2023. And guess what? This token will let players cash out and earn real money using a cool Play-and-Earn model. Isn't that fantastic? The Nemesis is available on iOS, Android, and WebGL. NEMS has a lot of utility and acts as a payment token in The Nemesis. An ERC 20 on the Ethereum blockchain will serve as the foundation for all the crypto transactions on its metaverse. Now, here's the deal. The NEMS token will only be available to those who hold The Nemesis NFTs. You can grab it for just $0.15 per token. It's a pretty sweet deal if you ask me! With these tokens, you can also snag virtual real estate plots and build your own custom Metaverses. How cool is that?

Gala Games May Mayhem in full swing, Jeff Burton joins P2Earn, Mojo Melee Open Beta, ZooRacers test, Spider Tanks, and more Web3 gaming news. Another week full of exciting Web3 gaming news playtests, reviews, and new content has made the weekend all the while. The alpha and beta playtests for several games are already underway and there is plenty to keep the weekend fun. We have Gala Games May Mayhem, ZooRacers Beta testing underway, Mojo Melee beta, revenge zombies open beta, and more. Spider Tanks adds new content and updates to the game with May Mayhem. Finally, we have Champions Arena playtest 2.0, and P2Earn Inc hiring Jeff Burton. Our weekly newsletter bulletin covers all the essential updates happening in Web3. Let’s get straight to it and see how the week is so far in Web3 gaming.

Elon Musk, the CEO of Tesla and SpaceX, is one of the most influential and controversial figures in the tech world. He is known for his eccentric personality, innovative ideas, and bold statements on Twitter. However, there is another Elon Musk on Twitter, a parody account called "Bored Elon." Anonymous person manages this acccount who tweets humorous and satirical ideas for inventions. Bored Elon has gained a massive following on Twitter, with over 1.5 million followers. But what is the story behind Bored Elon, and how did it become a cultural phenomenon? The Bored Elon Twitter account was created in 2013 by an anonymous individual who wanted to parody Elon Musk's innovative ideas. The account started with a simple tweet that said "sometimes I get bored and invent things," which has since become the account's bio.

The emergence of decentralized gaming platforms that enable players to receive and exchange cryptocurrencies while engaging in gaming activities has been made possible by the advent of blockchain technology. P2Earn Inc., focuses on offering cutting-edge solutions on a global scale due to its commitment to quality and innovation. The company has grown to become one of the most recognizable companies in the industry. P2Earn.io stole all the limelight as Electronic Arts Co-Founder Jeff Burton joins this reputable web3 gaming guild. P2Earn, a web3 gaming guild, intends to provide players with an online platform, tools, and access to video game NFTs in exchange for a portion of their winnings. According to reports, the platform will go live on the Polygon Ethereum scaling network by the end of Q2 2023. Jeff Burton confirmed this incredible news in a statement: “I am delighted to join the advisory board of P2Earn, as play-to-earn gaming prepares to go mainstream. However, I believe that the concept of players earning a share of the profits through gameplay is the future.”

Trial Xtreme Freedom, the much-anticipated Web3 version of the popular dirt bike racing series, is getting ready for its closed alpha launch on May 3. Get ready to rev your engines and go on an exciting trip. Everyone is invited to sign up for the test, but only 5,000 people will be able to take advantage of this limited chance. They will be the only ones to try out the cutting-edge parts of the game. Get ready for an exciting experience that mixes NFTs, tournaments, and an interesting virtual world. With its new 3D tracks, Trial Xtreme Freedom ups the ante and gives racers a new, more realistic experience. The game builds on the success of the ones that came before it and adds a lot of fun new tasks. Also, there are moving trains, airplanes, tall trees, and even the jaw of a T-Rex to avoid. Each track has more than one way to win, so racers have to show off their skills and find the fastest way to win.

Ultra Games, a web3-driven platform for gaming and entertainment, has recently launched its latest game store to transform the way people play. Ultra Games is revolutionizing the video game market through the development of an ecosystem. It goes beyond the idea of a simple game store. Also, the Uniq Marketplace, the Ultra Wallet, and the Ultra Games store are the three distinct applications that make up the Ultra client. They all work together to provide gamers with simple access to games and digital goods. The web3 platform has made it feasible for users to earn extra money by enabling gamers to monetize their games through a secondary market. Furthermore, Ultra has added a wide range of web2 and web3 games. In this recap, we will discuss some of the playable titles and upcoming titles.

Yuga Labs, the company behind Bored Ape Yacht Club and Otherside, has hired Mike Seavers as its new Chief Technology Officer (CTO). This makes Yuga Labs even more of a rising unicorn business. After Daniel Alegre, the former President and COO of Activision, was named Yuga Labs' new CEO, this was a smart move. Yuga Labs hopes to make the most of the growing potential of Web3 technology by adding these key people to its leadership team. Yuga Labs also made itself a major player in the metaverse and NFT environment. Mike Seavers has worked at Riot Games and Epic Games in the past, so he has a lot of knowledge. Seavers helped support hit games like League of Legends, Legends of Runeterra, and Valorant when he was the CTO at Riot Games.

Karting is now heading to Web3 gaming thanks to Zooracers efforts, now everyone can race and earn. In this fast-paced, guns and laser beam blazing kitties, and super fun play-and-earn game, the experience is highly rewarding and enjoyable. The beta version of Zooracers showcased chic graphics and solid movement mechanics of karts. The game offers massive tracks and maps that can host up to 16 players. Just imagine the mayhem and sensory overload when the lobby is full with your friends and families eager to race, destroy, collect, and win. First and foremost, you need to signup on the Zoo platform and create a Google authentication code for the game. Moreover, you also need to have a wallet, like Meta Mask

Get ready to heat things up in the world of Eternal Dragons! The latest addition to the game's Affinity lineup is none other than the scorching Fire Affinity. With the halfway mark now surpassed in Affinity additions, the game continues to evolve and offer exciting new possibilities after Alpha League. So, prepare to ignite your gameplay and set the battlefield ablaze! Are you ready to face off against other skilled players in intense PvP battles? Look no further than the Eternal Dragons Leagues, where you can showcase your mastery of the Fire Affinity and other formidable forces. As the game evolves and new features comes, your support and enthusiasm make it all the more rewarding. So, gear up, embrace the flames, and dive into the exhilarating world of Eternal Dragons!

This article explores the rise of Web3 casual games and their impact on the gaming industry. It starts with an introduction to Web3 gaming and the importance of casual games in this space. The article then delves into the definition of casual and hypercasual games, and their significance in the mobile game industry and in the context of Web3 gaming. The conclusion summarizes the importance of casual games in Web3 gaming, the potential for growth in the industry, and the future of Web3 casual games. Overall, the article provides insights into the emerging trend of Web3 casual games and their impact on the gaming industry.

The majority of the gaming community already knows about the integration of Web3 technologies and video games. The Web3 gaming niche is evolving constantly and in progressive stages. The first wave of these games in 2021 generated tons of buzz, but ultimately didn't live up to the hype. Why? Because they were play-to-earn games that focused on incentivizing economic tactics, rather than quality gameplay experiences. Such games had a high entry barrier in terms of mandatory NFTs to play. This is something that puts off the gaming community and hinders the gamer migration from Web2 to Web3. The next play-and-earn games followed a similar path, and unfortunately, faced a similar decline. Enter play-and-own games, where players actually own their data and progression across games, platforms, and publishers. This means that gameplay is the top priority, not ownership of digital items and collections. Finally, games that are truly built with the player in mind.

In the ever-evolving landscape of online gaming, a new contender has emerged, inviting players to experience the thrilling world of Bushi. This exciting alpha shoot-'em-up developed by Web3 studio Onenet combines the adrenaline-pumping combat of hero shooters like Overwatch with a unique Japanese twist. With its captivating aesthetics, rapid-fire acrobatics, and promising gameplay mechanics, Bushi is poised to captivate gamers seeking an action-packed adventure. Step into the feudal Japanese setting of Bushi, a world steeped in rich history and folklore. The game introduces players to Son Goku, a Japanese interpretation of the legendary Monkey King from Chinese mythology, as the main character.

Yuga Labs has had a blast with its Otherside Second Trip playtest. The Web3 gaming juggernaut knows how to stay in the limelight, whether it’s the endless mocking of its brazen toilet humor or its exorbitant ludicrous NFT access pass prices. Irrespective of the good side or the bad side, Yuga Labs stays in the conversation in the crypto and gaming world in equal parts. After the massive success of Dookey Dash, Yuga Labs eyes further scaling up its gaming venture by launching Otherside. Otherside Second Trip is a metaverse game and its latest playtest last month makes it a super promising game. The playtest had thousands of players in the lobby talking, interacting, and ready to leap into the other side. This is something you don’t see in other Metaverse games out there.

The article discusses Star Atlas, a metaverse game that utilizes web3 technology and features a new mini-game called Escape Velocity. The game's movement system is entirely blockchain-based and promises endless possibilities for player-owned gaming in the metaverse. The recent technical showcase allowed the web3 gaming community to test the movement system at a massive scale, enhancing the robustness and resilience of the forthcoming browser game module, Star Atlas: Golden Era (SAGE). Escape Velocity allows players to explore the Galia Expanse in Star Atlas using their spaceship, experiencing the marvels of moving through the blockchain while witnessing the underlying web3 technology in action.

Champions Arena is an upcoming Web3 game developed by Gala Games, offering captivating graphics and engaging gameplay. It's a simulation NFT card game that showed promise during its playtest in November of the previous year. A new playtest has been conducted, revealing several enhancements and additions to the game.Notable Updates:New Content: The recent playtest introduced Tower Trials and improved game operations and tools. A major update is the introduction of Estate content, still in development and expected to see further improvements before the official launch.In-Game Rewards: Players now receive daily gem rewards by logging in, promoting a level playing field. Higher-ranked players receive better rewards, emphasizing effective resource management and team composition of Champions with various roles.Gacha System: A Gacha update includes regular and Premium Gachas. Premium Gacha guarantees a Champion Hero, albeit at a higher gem cost. Another way to obtain a Champion is by combining characters from Mayhem raids.Launch Date: Champions Arena is tentatively set to launch in Q2 2023 across iOS, Android, and PC platforms. The development team is actively working on adding content and refining the game.Seasons and Battle Arenas: The game will feature seasons in its Battle Arenas, determining player ranks based on PvP match stats. Rankings reset at the end of each season, with pre-seasons allowing experimentation and testing of strategies.Tokenomics: Gems serve as the primary currency, crucial for acquiring, growing, and enhancing Champions. The demand for gems will lead to players spending $GALA tokens. Developers are continuously working on refining the game's tokenomics.NFT Integration: NFT Heroes offer exclusive PvE rewards, but non-NFT Heroes are sufficient for gameplay. The game also features NFT accessories, gears, and Estates. Some non-NFT items can be converted into NFTs through Minting Scrolls.Debut Pre-Sale: A pre-sale for Champions Arena is set to launch, offering bundles with utility. The first NFT available is Nexus, a limited-edition Champion with unique capabilities, allowing players to rent items to others. Nexus also grants access to Estates and future Estate purchases.Champions Arena aims to deliver an immersive and diverse gaming experience, blending NFT elements with exciting gameplay mechanics. Its evolving content and mechanics suggest a commitment to creating a dynamic and engaging Web3 gaming ecosystem.

This week brings a lot of excitement and energy for Web3 gamers as we have a deluge of alpha playtests live right now. You can play and test upcoming Web3 games like Champions Ascension, Champions Arena, Star Atlas, Wildcards, and Tearing Spaces. Other gaming news had Mythical Games launching NFL Rivals, MMA Web3 game on the cards, and Eternal Dragons eyeing another successful tournament. This week we also saw Star Atlas rolling out its mini-play and earn game; Escape Velocity. Finally, we have Sandbox bringing us another Land Sale, this time it is Mega City 3 with 250 plots.

Polygon has seen unprecedented growth in the past few months, with the number of active users and total value locked (TVL) in Polygon’s DeFi ecosystem increasing rapidly. During April, Polygon zkEVM Mainnet experienced up to +300% growth in key metrics. This month recorded some huge numbers for Polygon Mainnet as it gained further support for its community and larger Web 3.0 ecosystem. We will discuss these key metrics on gas costs, total value locked (TVL), net value bridged (NVB), and development activity in this report. its zkEVM Mainnet Beta exceeded 50,000. A total of 95.25 ETH, or almost $177,000 in fees, is already generated across all transactions on the high-performance Zero-Knowledge platform. DappRadar report also indicates that Planet IX, a strategic play-to-earn NFT game, dominated the on-chain activity on Polygon in the first quarter.

With the rise of embedded markets, Web3 gaming is changing. These built-in markets fit right into the game experience and offer a new way to buy, sell, and trade in-game items. In this blog, we'll talk about the idea of "embedded economies" in Web3 games. We'll talk about how they help game makers and what they mean for the future of the gaming industry. Embedded economies in Web3 gaming are when in-game markets are built right into the game itself. In the past, game makers had to use outside platforms to buy and sell in-game assets.

Animoca Brands Notre Game joins forces with MMA One Championship to bring web3 NFT game One Fight Arena with plans to launch in 2024. These two notable companies are creating One Fight Arena. An NFT-powered MMA mobile game that will make use of the extensive IP library and a rich lineup of fighters from ONE Championship. Later this year, the NFT game will be tested to figure out shortcomings or glitches before its actual launch in 2024. It will be free to download when it launches on both Google Play and Apple's App Store.

By using blockchain technology, immersive gameplay, and economic incentives, Web3 games have changed the gaming business. This article looks at Axie Infinity, STEPN, and Illuvium, three famous examples. Each game has its own features, which brings in a wide range of users and shows how much promise the Web3 gaming ecosystem has. The play-to-earn model of Axie Infinity lets players earn cryptocurrency, while STEPN rewards physical exercise by combining fitness and gaming. Illuvium is an open-world game with beautiful graphics and gameplay that is driven by the community. These games show how Web3 gaming can change things by giving players economic chances and letting them own in-game assets. Through Web3 innovations, the future of game seems to be decentralized, player-centered, and financially rewarding. This article looks at Axie Infinity, STEPN, and Illuvium, three popular Web3 games. Also, each game is different, which brings in a wide range of users and shows how much promise this growing gaming ecosystem has.

Kinetix, an AI startup based in Paris, is revolutionizing the gaming industry with its groundbreaking technology called Text2Emotes. By harnessing the power of generative AI, Kinetix allows gamers and virtual world enthusiasts to create 3D animations and emotes simply by inputting text prompts. Also, this innovation opens up new avenues for self-expression and user-generated content in gaming. It presents an exciting prospect for players, developers, and publishers alike. Kinetix's CEO, Yassine Tahi, believes that text is the easiest way for people to express themselves in virtual worlds. Text2Emotes offers one of the first examples of AI technology that can generate high-quality. In addition, it can generate playable 3D animations and emotes based on basic text input. Users can enter a simple text prompt, such as a dance move or an emotional expression, and witness their avatars come to life through AI-generated emotes.

FTX collapse ripple effect continues to date as another casualty happened where a Web3 card game bites the dust. Sam Bankman-Fried’s favorite game Storybook Brawl is shutting down its servers on May 1st. The decision came just after 13 months of its acquisition by FTX. It is yet another addition to the list of casualties. Good Luck Games, the creator of Storybook Brawl, announces on Twitter that the Web3 card game will shut down amid no direction forward. Apparently, the creators tried their best to find a way to keep the game afloat. However, they couldn’t find a way forward and hit a dead end. Good Luck Games was acquired by FTX US (also known as West Realm Shires) and fell under the "FTX Gaming" banner.

Today marks the launch of NFL Rivals worldwide on both Apple AppStore and Google Play. Mythical Games, the game's developer, invites players to immerse themselves in the exciting football gameplay. They can strategize their plays, gather their preferred players, and establish their ultimate team. Players can also celebrate the off-season in style with special rewards, tournaments, and exclusive content. Mythical Games acknowledges the critical role by their partners, including the National Football League (NFL), NFL Players Association, and OneTeam Partners, in achieving this milestone. The collaboration was instrumental in delivering a unique gaming experience that captures the spirit and energy of football.

Video games have come a long way since the days of arcade machines and simplistic graphics. Today, there are a multitude of platforms available for gaming, including consoles like Xbox, PlayStation, and Nintendo, as well as PC gaming. One of the biggest advancements in gaming technology has been the development of virtual reality (VR), which allows players to immerse themselves in digital worlds like never before. Companies like Oculus and HTC are leading the charge in this field, with more and more games being developed specifically for VR.

Eternal Dragons have announced that they are launching their first-ever Guild-focused tournament. This is a significant event that follows the success of the Alpha Tournament that took place earlier this month. The tournament is designed to put a spotlight on the gaming guilds that have joined Eternal Dragons and those that have been explicitly formed around their game. So this time around we have gaming guilds in focus, and players should join one at their earliest convenience. Players can collect special Dragon NFTs and use them across multiple games as they progress through the expansive realm of Eternal Dragons. We will share more about Eternal Dragons gaming guilds at the end of the article.

Play To Earn Games, Hype or Not? In recent years, there has been a rise in the popularity of Play To Earn games. These games allow players to earn real-life rewards, such as cryptocurrency, by playing the games. While some may see this as a new hype in the gaming industry, others believe that it is here to stay. Firstly, let's take a look at what Play To Earn games actually are. These games use blockchain technology to allow players to earn rewards for their in-game achievements. The rewards can be anything from cryptocurrency to skins for their characters or even rare items.

Web3 gaming content creator Brycent and Esports Pioneer XSET are all set to join forces for unprecedented development and expansion in gaming. XSET focuses on creator-driven narratives and their vision led them to collaborate with one of the most dominant web3 content creators. Brycent aims to expand its Web3 gaming content with XSET, a company renowned for devoted esports teams and popular gamers. Additionally, Brycent will continue his collaboration with Gary Vaynerchuk's VaynerSports as his talent management company. Brycent Johnson has joined the renowned esports organization XSET as its first web3 gaming content creator.

Gadget-Bot, a story-driven concept design studio has finally revealed the Kaidro web3 game after completing a development period of more than a decade. Production company Gadget-Bot is bringing one of the most insightful webcomics Kaidro to life as an epic web3 game. Gadget-Bot’s journey from notable webcomics and social videos to web3 is highly impactful for the industry. Kaidro web3 game will be launched this year on the Ethereum scaling network Immutable. In this role-playing game, players can gather and trade creatures called Kaidros in a fantasy world. There are many traits and skills that can be upgraded and traded between players for different Kaidros.

This week we saw many activities in the Web3 gaming industry ranging from Gala Games rolling out the new token to Square Enix and Elinix Games joining hands. Moreover, there was also news about Community Gaming laying off employees, some alpha playtests, and new season rollouts. Blockchain gaming developers are hard at crafting alphas and inviting players to test them. We had Ember Sword Alpha playtest, a new Genesis tournament in Undead Blocks, Alpha Season Two of Axie Homeland. Additionally, another promising alpha is on the cards where we shall play the alpha 2.0 from Citizen Conflict. More updates on games, we have Otherside introducing Legends of the Mara, and MegaWorld implements Cross-chain dependencies.

Get ready for the latest release of Cantina Royale with exciting features and gameplay modes. New Ultimates, Rewards, Map, and More! Cantina Royale is back with its latest update, bringing new ultimates, rewards, maps, and gameplay modes. In this blog, we’ll take a closer look at what’s in store for the players in the upcoming release. From character ultimates to end-game rewards, and new gameplay modes, there’s plenty to be excited about. The new update brings unique and fun ultimates for every character in Cantina Royale. The ultimates have gone through multiple rounds of playtesting to ensure that they feel different for each character and provide a fun experience in battle. Let's take a look at each ultimate and its effects during battle.

Ember Sword, an upcoming MMORPG Web3 game had its Alpha test on the 18th and 19th of April. Each registered player got 30 minutes of playtest experience with plenty to experience from. The playtest offered five main quests involving PvE combat where players encountered wild animals like boars and bears. Moreover, the playtest had resource collection and crafting experience. And at the end of the playtest, we had a survey questionnaire asking for feedback and experience. In today’s article, we will review the Ember Sword Alpha playtest, let’s get into it. The alpha playtest was fun where you as a knight head out to various parts of the map and fight wild animals, other players in the arena, and boss fights.