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

Gala Games is propelling the future of blockchain gaming with the introduction of $Gala (v2), marking a new era for their ecosystem. This upgraded token aims to enhance players' gaming experiences while enabling them to earn rewards through competition. Gala Games announced the launch of $Gala (v2) on May 15th, bringing significant improvements such as enhanced burn mechanisms, security upgrades, and future upgradability to its Ethereum contract.The company's focus on a decentralized market, player token rewards, and stakeable tokens for greater benefits underpins its commitment to innovation. The Gala (v2) token, built on Ethereum as an ERC-20 token, seeks to expedite transactions within the Gala Games ecosystem and provide access to platform services.One notable aspect is the integration of Gala (v2) into the ecosystem's decentralized marketplace, enabling secure and transparent value exchange, including the trading of in-game items and digital assets. Gala Games has been proactive in communicating with its community and ensuring a smooth transition for token holders from $Gala (v1) to $Gala (v2).Gala Games has garnered attention with its projects that prioritize player ownership and decentralization. Among these is "Town Star," a play-to-earn town-building game where players compete to create efficient towns. Another project is "Spider Tanks," a PVP brawler game featuring real-time tank combat with customizable tanks and physics-based movement.With a focus on empowering players and advancing the possibilities in the gaming sector, Gala Games aims to create a thriving ecosystem that benefits all participants.

In recent years, the Esports industry has been one of the fastest-growing ones, and by 2022, it is expected to make more than $1 billion. But there will be problems along the way, as there are in any industry that grows quickly. In recent years, the esports industry has had to deal with some big economic problems, and the ongoing pandemic has only made these problems worse. Community Gaming, a Web3 platform for esports tournaments, just announced that it has let go of 17 employees, which is just over 17% of the company's staff. The move comes at a time when the esports industry is still having trouble. In the past few months, it has forced other businesses and sports teams to make similar decisions. Community Gaming is still hopeful that Web3 solutions could help esports organizations get through the recession.

Immutable Labs, a Sydney-based crypto company, has introduced the Immutable Passport, a solution aimed at overcoming barriers to adoption in the Web3 gaming space. While blockchain games have allowed players to own in-game digital assets and earn cryptocurrency, challenges like high entry costs and complex onboarding processes have hindered mainstream adoption.Entry barriers, such as the necessity to purchase expensive NFTs to play games, have discouraged many potential players. Additionally, the complexities of setting up crypto wallets and purchasing specific cryptocurrencies have deterred newcomers. Immutable Passport seeks to address these issues by providing a single-sign-on (SSO) system for accessing multiple games, simplifying the onboarding process and reducing user acquisition costs.Immutable Labs' co-founder, Robbie Ferguson, describes the Passport as a self-custodial wallet that enables users to log in using their email and a one-time password. The goal is to create an interoperable blockchain gaming universe that benefits both players and developers. While resistance from major players in the gaming industry and negative sentiments toward cryptocurrencies pose challenges, Immutable Labs is actively supporting game developers with a $500 million fund to foster the growth of Web3 gaming.The Immutable Passport represents a significant step toward making Web3 gaming more accessible and engaging, with the aim of driving mainstream adoption in the future.

NFT-based gaming has been gaining popularity over the past year, with several games emerging in the market. However, many of these games lack depth and complexity, offering simplistic gameplay that fails to capture players' attention. Serum City aims to offer a unique transmedia experience that combines storytelling and gaming on Ethereum. Developed by Novel Labs and Faraway, Serum City is a city-building game that explores the Mutant Cartel Expanded Universe. It features Mutant Apes as the main characters.

Panzerdogs is a super fun, casual, multiplayer online tank battle NFT game running on the Solana blockchain network. This Web3 game offers in-game digital asset ownership to its players which are tradable on marketplaces. Panzerdogs is a team-based tank brawler game where the fun lies in exploding your opponent’s tank. You will play as a unique cute NFT dog inside a war tank with a war helmet on your head.

Attention gamers! This week's Super Sunday roundup of the latest Web3 gaming news is here. Get ready for exciting launches, betas, and platforms from Polygon, ArcheWorld, Mighty Action Heroes, LimeWire, Mojo Melee, Gala Music, and Razer. From free mint events and land sales to open betas and early access, there's a lot going on in the world of blockchain games. Don't miss out on the latest updates and developments. Read on to get all the details!

The early 2000s was a revolutionary period for the music industry as it saw the rise of peer-to-peer file-sharing services like LimeWire. LimeWire allowed users to share and download music and movies for free, which was a game-changer at the time. However, with the rise of digital music platforms like iTunes, LimeWire became obsolete and shut down in 2010. Fast forward to 2023, LimeWire has been resurrected in Web3, and a music-downloading game called the LimeWire Game has been released. The game simulates an old Windows operating system with LimeWire software running. It allows players to relive the nostalgia of the early 2000s.

Even though everyone is making more Web3 games, there is no doubt that Asian games could take up a big part of the market. Asia is expected to make up more than 80% of Web3 gaming, since Asia is the best at making games and has a large and growing number of Internet users. That's a huge number, especially considering how hard it is to play games in these places.

Gaming has come a long way from being a hobby for a small group of enthusiasts to become a multi-billion-dollar industry. Esports, or competitive gaming guild, has emerged as a significant force within gaming. Professional players and teams compete in global tournaments for millions of dollars in prize money. However, not all gaming communities are focused on making money. Some are celebrating the fun and community of gaming. Also, they are doing it through gaming guilds and decentralized autonomous organizations (DAOs).

Web3 gaming is getting better and growing, and classic Web2 games are also starting to use technology. Companies like Neopets, MapleStory, and Atari are joining Web3 technologies with their popular and nostalgic blockchain game IPs. MapleStory is one of only a few games that have been successful and are still going strong. Since it came out in 2003, the game has been going strong, accomplishing rare things and building a strong, loyal community.

ArcheWorld, a one-of-a-kind debut MMORPG using blockchain technologies, plans to launch NA & SA servers on April 19th, 2023. Web3 gamers can head out to ArcheWorld website for pre-registration. Additionally, players can also win exciting prizes in Fandom Card NFTs, and Land NFTs if they invite their friends to the servers. So, get ready folks, mark your calendars! April 20, 2023, is the big day for all you ArcheAge fans out there!

Web3 gaming is an exciting and rapidly evolving space, and one content creator who has quickly made a name for himself in the industry is Brycent. With his daily streams and sharp industry commentary, Brycent has become a knowledge base for newcomers in Web3 gaming and NFTs. His commitment to iteration, soliciting feedback, creating with consistency, and embracing the possibility of failure has earned him a loyal following of over 300,000 followers across Twitter, YouTube, and Twitch.

Play-to-earn games and NFTs have taken the gaming world by storm, allowing players to earn cryptocurrency and unique digital assets while playing their favorite games. As the trend continues to grow in popularity, developers are releasing more and more games that offer play-to-earn mechanics and NFTs.

Discover Play-to-Earn games with tower defense, open world, and battle royale games like Games of Starfall, Gnomes Game, and Granny's Game.

The gaming industry has gone through a transformational shift in recent years, as Play-to-Earn (P2E) games with crypto and NFTs have become increasingly popular. Players can now earn real money by playing games and participating in gaming ecosystems, thanks to blockchain technology and the rise of non-fungible tokens (NFTs). P2E games offer an exciting opportunity for gamers to have fun while earning money at the same time.