Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Ultra Games is a top-tier gaming ecosystem that was started by industry veterans from Ubisoft, Playstation, and Nintendo. Smartoys store owner CLD Distribution worked with Ultra Games to make Ultra Arena. This new esports tournament platform is designed to give players of all skill levels the chance to compete in Web3 games and win different prizes. There will be tournaments for popular games like League of Legends, Overwatch 2, CSGO, PUBG, and others. Prizes will include digital games, collectibles, licensed products in the real world, and the $UOS ecosystem token. The goal of the platform is to build a strong sense of community in the gaming world by bringing together gamers, publishers, esports organizations, and brands.

Find out how play-to-earn games are changing the way people play games. In these games, players can have fun while earning real-world value through cryptocurrencies and non-fungible tokens (NFTs). Find out about the best games that you can play to earn money, from Axie Infinity to Decentraland. Each game has its own experiences and rewards. Find out how blockchain technology can be used to make player-driven economies and assets in games that can be traced back to their rightful owners. Learn how you can join the fun metaverse of digital cash and NFT rewards as the popularity of play-to-earn games grows. In this new way of playing games, you can play, make money, and enjoy the thrill of making money while having fun.

A well-known web3 game developer, Delabs, has been able to raise $4.7 million to speed up the development of its blockchain-based games, like "Rumble Racing Star." The game passed a test for which people had to be invited and give positive feedback. With programs like Rumble Racing Star, Space Frontier, and Meta Bolts, Delabs hopes to get more people to join its community. The fact that well-known investors took part in the funding round shows that Web3 and its potential in the gaming industry are becoming more popular. Delabs focuses on giving players true digital ownership of in-game assets so that they can have the best gaming experience possible. The company's diverse group of producers and artists makes sure that the games are of high quality and easy to use.

Blockchain gaming is changing the industry with things like true ownership, play-to-earn incentives, and integration with the Metaverse. NFTs let you own in-game items, which keeps the game's economy going. Decentralization lets developers be more creative and also encourages competition that focuses on quality and the user. Artists are helped by NFTs because they protect intellectual property and give out royalties. Through the Metaverse, blockchain links the real and digital worlds, making it possible for people to interact and own things in both. Emerging economies benefit from new business opportunities and stability. Blockchain gaming is changing the economy of the future by giving creators more power and bringing people from all over the world together in a seamless digital ecosystem.

P2E games are changing the gaming industry because NFTs give players rewards that have real-world value. P2E is different from other games because it lets players own things in the game and trade them for real money on different marketplaces. Axie Infinity is a great example of P2E success because its scholarship programs have helped millions of users make a living. P2E games also help cryptocurrency spread because they bring new people into the space. "Treeverse" and "Bored Ape Yacht Club" look like they will be good. As the metaverse grows, so does P2E gaming, which combines adventure, profit, and real-world rewards in a virtual world.

Web3 gaming is changing the way people play games with blockchain, NFTs, and play-to-earn systems. This billion-dollar market that is growing quickly is changing the way the business world works. It's important to know about Web3 networks, non-fungible tokens (NFTs), and smart contracts. Games stand out because they have different ways to play, NFTs for in-game items, and play-to-earn incentives. The fact that Web3 is decentralized makes sure that assets are owned by the right people and that everything is clear. Building a strong community is important, and communication and trust are key parts of that. Interoperability makes it easy to move assets from one game to another. Scalability, user experience, strategic partnerships, and marketing must all be top priorities for success. By using "play-to-earn," players can turn their experiences into money. Web3 gaming has a bright future with a lot of growth and potential.

With "McNuggets Land" in The Sandbox, an Ethereum-based virtual gaming platform, McDonald's Hong Kong has made its first step into the metaverse. The goal of the collaboration is to find out what Web3 and virtual worlds can do so that people can interact with McDonald's in new ways. Even though people have different opinions, this move is the fast food giant's attempt to connect with its customers all over the world by taking advantage of how popular Web3 and NFTs are. McNuggets Land is a fun place to celebrate the 40th anniversary of Chicken McNuggets. It has characters made out of McNuggets and classic McDonald's mascots. Players can finish quests to get rewards in the real world and on the blockchain.

Ubunation, a new web3 platform based on community and positive change, is launching an exclusive NFT drop for early supporters and NFT fans. The Founders Badge NFT drop is set for July 30, 2023, and will give people the chance to become founding members of UBUNTION. This one-of-a-kind chance gives them access to a wide range of unique benefits, making them part of an elite group of people who benefit from the UBUNTION community. The platform focuses on a good cause in the web3 domain. This lets people in the web3 community become influential founding members and help the project succeed. Keep an eye out for this fun event and take advantage of the chance to be a part of something really special.

Solana shows off the GameShift API, which makes making games and adding NFT easier. Ubisoft and Cronos are working together to make new blockchain gaming options. Sui 8192, a puzzle game that made the number of transactions on the Sui blockchain go through the roof, shows how important it is to keep things simple. The Sandbox is open to user-made content, which lets people be as creative as they want. In the open beta of Tearing Spaces, you can go on epic play-to-earn adventures. Don't miss the Skyborne Legacy free mint event, where you can get NFT items you can't get anywhere else. LootRush has made an NFT rental market that is easy to use so that gamers can have the most fun. PlayToEarnGames.com will help you get better at games and show you what games will be like in the future.

Art lovers, listen up! Star Atlas, Wild Flower, Galactic Council, and Skyborne Legacy will take you on an exciting journey into the world of NFTs. From July 19 to July 31, there will be an amazing line-up of mint releases in the NFT world, which has collectors, investors, and fans buzzing with excitement. This July, NFT will release a stunning set of mints that will appeal to art lovers, collectors, and tech fans alike. Get ready to see releases that will change what it means to be original and leave an indelible mark on the NFT industry, which is always changing. Mark your calendars and get ready for a once-in-a-lifetime digital art and technology experience.

Together with Immutable, Eyeball Games was able to get $1.5 million in pre-seed funding for the development of the NFT-based game Eyeball Pool. White Star Capital led the fundraising round, which also included Polygon Ventures, Ocular, Great South Gate Ventures, and well-known angel investors. White Star Capital put money into the round from its Digital Asset Fund, which is backed by Ubisoft. Eyeball Pool was made by the same people who made the popular mobile game 8 Ball Pool. It aims to bring pool games into the 21st century with Web3 features and full asset ownership. The game will come out in a few months, but only NFT owners will be able to take part in a closed beta test before the official mobile launch in the first quarter of 2024.

In Q2 2023, Savvy Gaming Group, which is owned by Saudi Arabia's Public Investment Fund (PIF), bought Scopely for $4.9 billion. Sega bought Rovio for $775 million. The Web3 gaming industry grew a lot, and deals worth more than $6 billion were made public. Mobile gaming was the most popular with 12 deals, while blockchain gaming got a lot of attention with 7 deals. Team 17, Sony, and Keyword Studios were all involved. In Q3, experts expect there to be a lot more mergers and acquisitions (M&A), public market growth, and interest in private equity.

Solana Labs has made GameShift API, an innovative web3 tool that makes making games easier and gives NFT solutions. GameShift was started by the original creators and developers of the Solana blockchain network. It gives game developers access to third-party crypto applications, making it easier for them to make games on the Solana platform and move existing games to the network without any problems. Play-to-own features and other web3 elements can be added to games using the API. This lets game developers add a "ownership layer" using blockchain technology. With Solana's network, players can really own in-game items as NFTs and trade them freely, breaking out of traditional games' walled gardens.

Google Play's most recent update to its policies for July 2023 allows digital assets to be tokenized and used in blockchain games. This is a big change for the web3 gaming industry. Even though developers are happy about this change, they must follow strict rules and be honest to get their games on the Play Store. Notably, the policy bans NFTs with gacha mechanics and sets rules for the content of gambling games that use blockchain technology. This change in policy could bring back the NFT hype, which has led to a lot of investment and criticism in the past. Even though some people think it's a delayed decision, experts are still optimistic about the impact of the industry.

Ubisoft, the game developer that made Assassin's Creed, is now working with Cronos as a node validator. This makes Ubisoft a bigger part of the NFT gaming world. With this partnership, Ubisoft is joining yet another blockchain network, which shows how committed the company is to using cutting-edge technology. Cronos is happy to announce that gaming giant Ubisoft will join the Cronos network as a validator. The company has promised to support and promote the Cronos network. Ubisoft will run a node on the open-source platform that works with both Ethereum and Cosmos. This will make sure that the network works well and is safe. Ubisoft is working with 27 other well-known validators, such as Crypto.com and Blockdaemon, to create and verify blocks as part of a decentralized gaming landscape.