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

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.