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

Read Daily: The Latest Crypto, NFTs, Web3, Blockchain, and Play-to-Earn News

Stay in the loop with our daily gaming news! Discover the latest in blockchain tech, play-to-earn games, NFTs, Web3, and metaverse gaming, keeping you on top of crypto gaming trends.

Animoca Brands raises $360 million

Blockchain gaming enjoys the high tide as Hong Kong-based crypto game studio Animoca Brands raises $360 million in a recent funding round.

Nakamoto Games Ecosystem

Nakamoto Games heads into the year 2023 as a centurion in play to earn games on its vast platform. The feat of reaching 100 games by the end of 2022 will happen this month by adding 78 new games to its ecosystem. Nakamoto Games' play to earn (metaverse) ecosystem is an industry leader with a number of successful metaverse blockchain games under one roof. Also, the ecosystem is busy, bright, and full of super-addictive games. It also has a wonderful and active community of P2E gamers. Even though the crypto industry as a whole has been going down, one blockchain project, Nakamoto Games, has been slowly going up.

Xbox Executive Phil Spencer on Metaverse

In a recent interview with media, Phil Spencer shared thoughts on the metaverse and how Xbox is keeping up with the trend.

Video Games and Metaverse

We have all heard a lot about metaverse, and how this new phenomenon will become the future of the internet.

Axie Infinity– the Year 2024

Axie Infinity is a popular name in the Web 3.0 NFT crypto gaming space, and many of us have heard about it. Its meteoric rise in a single year, followed by a precipitous drop in 2022, is quite the story. Even if you don't like crypto, you probably agree that Axie Infinity has become the best example of crypto Web3 NFT gaming. It became the face of the industry with the revolution it brought and was touted as one of the best blockchain game apps. It flipped the lives of many, taking them from rags to riches in no time. On the contrary, it also caused catastrophic losses to others. So, how did Axie Infinity perform in the year 2022? And what does the future hold for this blockchain game? Let’s analyze the current situation as well as what the future might hold.Axie Infinity and the Year 2022: How Has It Unfolded?Axie Infinity is a popular or infamous Pokemon-inspired blockchain game where players breed, raise, and battle cute little monsters called Axies. The game is based on a "play to earn" model. The game offers rewards in cryptocurrency to the players, exchangeable for real money. The developer of the game as well as the Ronin Bridge is a Vietnam-based studio, Sky Mavis. Axie Infinity came out in 2018, but it became very popular very quickly because of the pandemic and the global lockdown. Just during last year’s summer, players were earning so much through the game that they had to quit their regular full-time jobs to invest more time in the game, especially in low and middle-income countries.Axie Infinity's future: do we have high expectations?The game requires players to buy NFTs to begin playing, which players gladly did even though the entry investment was more than $1000 at its peak. Also, the people who made the game were worth more than $3 billion after Andreessen Horowitz led a $152 million funding round in October 2021. Everything was looking picture-perfect, and the global Axie frenzy was surely leading the revolutionary play to earn gaming space. But it all started to fall apart just at the end of 2021 and the beginning of 2022. The year 2022 proved rougher for Axie Infinity.Axie Infinity Witness: Rise and Decline (Current Standing)Long before the unfortunate hack, Axie Infinity started losing its number of daily active users in November 2021. It only got worse in 2022; the decrease was more than 45% from its peak at the end of 2021. Before the hack, Axie Infinity’s DAUs had plummeted to 1.48 million from a high of 2.7 million. Moreover, the value of the in-game currency also suffered and saw a new low of $0.02. It was all happening amid the cryptocurrency market crash and dwindling interest in NFTs.Just as Sky Mavis was working hard to convince and inspire its community by making long-term promises, the record-breaking hack happened. On March 23, 2022, Axie Infinity got hacked, and the hackers made off with $620 million worth of cryptocurrency, making it the biggest crypto heist of all time. With this hack and the ongoing crypto winter, it was hard for Sky Mavis and Axie Infinity to get people to trust them again. So, why did Axie Infinity face player retention issues even before the hack? The game offers its community the sole motivation of earning money. The elements of entertainment and fun are given little to no value by Sky Mavis. It reduces the game to no more than digital sharecropping and just the grind. The game was and still is primarily driven by speculation, and it is heavily reliant on new players. As soon as the inflow of new players slowed down, the tokenomics of the game went out of control in 2022.However, the current standing of the game is not all bleak and horrific. Axie Infinity showed a silver lining for the first time since the hack and the FTX implosion. AXS of Axie Infinity records a solid gain of 23.83% and sits at $8.28 at the time of writing. So, how is Axie Infinity still hanging around and showing signs of resurgence?Axie Infinity's future: do we have high expectations?Axie Infinity: What to Expect in 2023 and BeyondThe speculation or prediction here is not financial advice for our readers. The play-to-earn gaming industry is only four years old and still a toddler when compared to the traditional gaming space. Sky Mavis believes that it has learned a lot from its recent challenges with blockchain projects. It will introduce beneficial changes to its new blockchain project, Axie Origins. Axie Origins has already seen over a million downloads in its early days. Instead of breeding Axies, players will be able to earn cryptocurrency by collecting and trading charms and amulets. Moreover, Sky Mavis also plans to launch a metaverse where users will have the opportunity to own digital lands. The idea is to integrate the AXS token into all projects.But, with so many big names like Ubisoft and other Korean gaming giants coming into blockchain gaming, Axie Infinity will no longer remain at the top given its tedious gameplay. So, Axie needs to focus on the gameplay part if it wants to stay important in the Web3 gaming community. However, one thing is for sure: Axie Infinity isn’t going to die easily, as it has strong backing. It will surely survive the crypto-winter.Other articles on Axie Infinity are Breeding guide, how to begin with Axie and the different classes in Axie Infinity.Gaming News Of Video Game Consultant;Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s), Play to Earn (P2E/Play-to-Earn), crypto games and cryptocurrencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain-based video games and its transactions and payments in the games.Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studios that lead the way. Mobile games, PC games, and Console Games and their vision on cloud gaming, streaming, esports, and gamer communities. Online digital entertainment like movies, music, concerts, art, and top brands such as fashion and much more that connect with video games in the metaverse.If you want to stay up-to-date of Gumi Cryptos Capital, then follow me on Google News.

Animoca Brands Into the Music Industry

With Animoca Brands' move to buy a significant stake in music metaverse company Pixelynx, Web3 makes a splash in the music sector.

Mist: Pre-Alpha Game Review

Mist, an upcoming MMO RPG metaverse NFT blockchain play to earn game, is featured in today's gaming news. See what this game has to offer you.

Harmony Blockchain New NFT Projects

New initiatives like MAD NFT, Legends of Venari, Moon Robots, Nifty Nafty, and Zonulet boost Harmony's traffic. These blockchain NFT projects' details are available here.

Stripe Taking Cryptocurrencies

On the business side of the Web 3.0 industry, we have Animoca Brands launching Animoca Capital. Moreover, Swords of Blood landed hefty funding, Splinterlands thought outside the box, the multi-billion dollar music industry embraced Web 3.0 as in something like Party-To-Earn, Play-to-Earn games changed dynamics, Fenix Games raised $150 million, and Stripe took cryptocurrencies on board. 9GAG and their metaverse, and Battle of Guardians.

Square Enix: Blockchain Gaming Is The Future

Discover Square Enix's exciting plans for blockchain gaming and NFT projects, including an anniversary art collection and new NFT game.

Swords of Blood: Game Review

Swords of Blood is a free-to-play and pay-to-own hack-and-slash blockchain NFT game with a compelling plot and a variety of game modes.

Jam City in NFT Games

Jam City, a mobile game developer, has entered into the blockchain domain with its new title Champions: Ascension.

"9GAG" Embraces Web3

Memeland is a Web3-focused metaverse venture studio having projects in line powered by blockchain and NFTs backed by 9GAG community.

Ubisoft Partners With Aleph.im

Ubisoft pushes further with its plans with NFTs and blockchain by partnering up with Aleph.im. The partnership will bring playable NFTs

Why Should You Play-to-Earn?

Yes, why should you "play to earn"? This article summarizes the benefits and drawbacks. Everything You Need to Know About Play to Earn Games

Want to stay updated about Play-To-Earn Games?

Join our weekly newsletter now.

Email Address

Related Games

See All

Reviewing Taurion: A Deep Dive into This Play-to-Earn Gaming Experience

Champions Arena - Game Review

Champions Arena is a new turn-based RPG-like game made by Gala Games. It has more than 100 NFT champions and items that can be collected. Champions Arena has a lot of unique NFT Champions and other items, with more than 100 of them. Fight tactical battles in real time by sending out or controlling your Champions to finish missions. Use equipment, spell cards, and skills strategically to get the most out of your team. Also, the game puts a lot of emphasis on building your deck and putting together small cards to unlock powerful abilities. Customization options let you make Champions from different mythologies, science fiction, and history your own and help them level up. Explore uncharted areas, work together to take over them, and fight fierce PvP battles. Take part in story campaigns that will keep you interested and beat the Tower of Trial for rewards and fun. The game's beautiful animation and graphics make it a top-tier gaming experience that is similar to AAA games. It stands out from other play-to-earn games because it has really beautiful graphics. Also, the campaign mode takes players through different levels, ending with a battle in a castle. Champions and card-based attacks are used to fight in turn-based battles with champions. Each card has its own qualities, and putting them together makes them stronger. The game has solo battles, as well as PvP, co-op mode, and quests to gather resources. When you win a battle, you get new spell and skill cards. The Tower of Trials is a hard way to get valuable rewards. A premium summoning option guarantees that you will get champions and that nothing bad will happen.

Exploring Genopets: A Comprehensive Review of the Move-to-Earn NFT Adventure

Parallel: Sci-Fi NFT Trading Card Game - Game Review

Today, we're diving headfirst into the parallel universe of "Parallel," a groundbreaking trading card game that's been making waves in the gaming community. Imagine a world where Earth has exhausted its energy, leading to a cosmic quest for survival, and you – yes, you – get to play a pivotal role in this captivating science fiction narrative. The Unique Charm of "Parallel" A Sci-Fi World Like No Other! "Parallel" stands out in the gaming realm for its fusion of captivating storytelling, strategic gameplay, and cutting-edge technology. Unlike traditional card games, "Parallel" introduces the concept of non-fungible tokens (NFTs), giving players true ownership of in-game assets. This means you're not just playing a game; you're building a digital collection that you can buy, sell, and trade without limitations. Immersive Open-World Experience: What sets "Parallel" apart is its open-world design. No longer confined to the tabletop, players can explore and interact with the game's universe in ways never before possible in traditional card games. It's like stepping into a vivid sci-fi landscape where every move you make influences the fate of humanity. Aesthetic Marvels and Compelling Storytelling: The creators of "Parallel" have poured their hearts into crafting a visually stunning experience. The non-playable characters (NFTs) are not just cards; they are intricate pieces of art that bring the science fiction setting to life. The game's story, set in a post-energy crisis Earth, unfolds with stunning visuals and an enthralling plot that keeps players hooked. Unraveling the "Parallel" Universe The Earth's Desperate Bid for Survival In the world of "Parallel," Earth faces an energy apocalypse, and scientists turn to anti-matter in a desperate attempt to save humanity. The consequences are dire, leading to the evacuation of some and the tragic demise of others due to radioactivity. As time passes, Earth regains its energy, but now it's a battleground between humans and the mysterious "parallels." Meet the Parallels The game features five distinct parallels – Earthen, Marcomalian, Augencore, Kathari, and Shroud. Each parallel represents a unique stream of human evolution with its own techniques and strengths. The parallels are vying for control of Earth, each driven by distinct philosophies and goals. It's a clash of civilizations, and you get to choose your side. Gameplay Unleashed To embark on your journey in "Parallel," you need a full deck of cards associated with one of the five Parallels. The game's flexibility allows you to mix and match cards from your chosen parallel to create custom decks that suit your strategic preferences. An Ethereum wallet is your gateway to storing the NFTs representing your in-game assets, enabling seamless buying, selling, and trading on any NFT platform. Frequently Asked Questions What Sets "Parallel" Apart? "Parallel" distinguishes itself with the use of non-fungible tokens (NFTs), providing players with true ownership of in-game assets. Unlike traditional trading card games, the freedom to buy, sell, and trade assets is unrestricted. Who Created "Parallel"? While specific details about the development team are not provided in this article, "Parallel" is the brainchild of a studio or group committed to delivering a unique and engaging gaming experience. How Do I Play? Playing "Parallel" requires a full deck of cards associated with one of the five Parallels. You can mix and match cards to create custom decks, and an Ethereum wallet is essential for storing your NFTs, as "Parallel" operates on the Ethereum blockchain. What's the Story Behind "Parallel"? "Parallel" unfolds in a sci-fi universe where Earth's energy crisis leads to exploration and the establishment of new civilizations. The use of anti-matter has unintended consequences, forcing humans to leave Earth. Now, with Earth's revival, a conflict brews with the enigmatic "parallels" co-inhabiting the planet. Platform Compatibility? The article doesn't specify the gaming platforms for "Parallel." Interested players should check official sources or the game's website for details on platform compatibility and download instructions. The Final Deal In summary, "Parallel" isn't just a card game; it's an immersive journey into a sci-fi world where every move shapes the destiny of Earth. The integration of NFTs adds a layer of ownership and freedom rarely seen in gaming. Whether you're a seasoned gamer or a collector looking for the next big thing, "Parallel" offers a unique and thrilling experience. So, gear up, choose your parallel, and let the cosmic adventure begin!

League of Kingdoms - Game Review

League of Kingdoms is a free world NFT, Play-to-Earn, game where all of the land and assets are owned by the players. Players can buy land, develop it, form alliances with other kingdoms, and declare wars. Being a strategy game, the players must hone their skills in warfare, urban planning, governance, economy, instincts, and diplomacy. Additionally, it uses Ethereum blockchain technology. Moreover, the game uses $LOKA tokens as a governance coin. This coin helps players in transactions, construct buildings on it and develop their kingdom through various decisions of the kingdom. League of Kingdoms Gameplay: There are four major resources in the game League of Kingdoms that players need i.e. wood, stone, corn, and gold. Players earn them by completing different tasks and routinely mining. Moreover, LAND is a non-fungible token used to buy lands in the kingdom. So in a way, there are two types of people in the game, the landowners and the players who develop the kingdoms on these lands. Some players can be both. The interesting element of the game is the minting of NFTs that can be traded or burning these NFTs to create new resources. These NFTs can be bought or sold on the OpenSea platform but it requires gas fees which is not an attractive feature for a new game. In totality, there are 6 land levels in the game with the most expensive one costing $240. As the players’ kingdoms develop and expand, they can jump to the next level of land to increase their social standing and power in the game economy and society, giving the players a true metaverse experience. The secondary earning from the game can be achieved by investing in DAI tokens which the players can receive as rent from the lands they own and in this way the landowner and the players work together by formulating alliances to develop the kingdom. Playable on both PC and mobile, the developers promise smooth gameplay with a fun way to earn money and real-life value for time.