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.
Axie Infinity– the Year 2024

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.

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Stripe Taking Cryptocurrencies

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.

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"9GAG" Embraces Web3

"9GAG" Embraces Web3

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

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Fenix Games And The Blockchain

Fenix Games And The Blockchain

Fenix Games has raised $150 million in funding to establish a new and distinct blockchain game publisher. The company plans to launch a publisher as well as a platform for blockchain games that will help these games hit the market. More simply, Fenix Games plans to invest, acquire, and publish existing and future blockchain games.

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Blockchain, Metaverse & Web 3.0

Blockchain, Metaverse & Web 3.0

We are here again with the weekly gaming news roundup, with a lot of developments happening in the Web3 domain. Earlier this month, we saw the FTX collapse, which has had a considerable impact on the Solana blockchain and many other blockchain gaming projects.

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Black Eye Galaxy - Game Review

Black Eye Galaxy - Game Review

"Black Eye Galaxy [BYG]" is a sci-fi virtual galaxy metaverse game that follows a play-to-earn model and features Non-Fungible Tokens (NFTs). This game offers an immersive and exciting gaming experience for players. "Black Eye Galaxy [BYG]" is a great choice for astronomy fans, with its space exploration, planet buying, and civilization building gameplay. This game aims to provide players with a thrilling space-exploring experience. Among the many NFT assets available in "BYG" are planets, spacecraft, and buildings, all of which are fully owned and controlled by the players. These NFTs are tradable and transferrable, adding an extra layer of value and ownership to the game. Black Eye Galaxy Overview: A virtual sci-fi play-to-earn metaverse game called Black Eye Galaxy offers its player base a space exploration and management experience. The Binance Smart Chain, which powers Black Eye Galaxy, will soon be joined by additional blockchains in various parts of the galaxy. In order to create a genuinely multichain galaxy, Black Eye Galaxy may integrate new blockchains and even other projects into its seven accessible Star Clusters thanks to their Star Cluster System. On the market, users can buy NFT assets, and while they play the game by managing and interacting with assets, they earn BYG tokens. The In-Games NFT’s: All of the resources, including planets and spacecraft, are tradable, and transferrable, and the player actually owns them. The tokens that can be exchanged on decentralized exchanges are not typically NFT assets. The player can buy and sell any asset on their internal market, which is how they conduct business. Two sections of this market allow users to mint new assets (create them at the time of purchase), while a third portion contains assets that are valued and managed as "resale" assets by the community. Black Eye Galaxy has no control over these prices.

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EF Defense: Protect Akaros in this Strategic Tower Defense Game - Review

EF Defense: Protect Akaros in this Strategic Tower Defense Game - Review

"EF Defense" is a strategic mobile tower defense game available on iOS and Android platforms. It is preparing to relaunch and expand its presence on the Immutable zkEVM Ethereum blockchain. The game's objective is to safeguard the realm of Akaros by strategically deploying a variety of Heroes belonging to different tribes. These Heroes are represented as NFTs on the Polygon scaling network and are associated with the Weracle token that spans both Polygon and Ethereum mainnet. Tower defense games have gained substantial popularity, with more than 170 million players globally. "EF Defense" aims to stand out in the Tower Defense genre within the Web3 ecosystem, particularly targeting the player base in the Asia Pacific region. The game introduces unique hero characters represented as NFTs and incorporates blockchain-based mechanics to enhance gameplay. Players venture into the world of Akaros, a once prosperous realm now threatened by darkness. They are tasked with collecting and training Heroes from diverse tribes, each possessing distinct abilities. These Heroes must thwart various adversaries, including specters and goblins, to protect Akaros and its treasures. The game features over 70 Heroes from six different tribes, equipped with more than 200 pieces of equipment, allowing for strategic customization to counter different challenges. "EF Defense" offers not only defensive gameplay but also competitive elements. Modes such as Frontier involve capturing enemy bases, while the Arena presents battles for dominance. The Tower of Trials challenges players with formidable guardians and rewards on each floor. The game is built on the Immutable zkEVM blockchain, introducing innovative web3 mechanics that build upon its foundation on the Polygon network. The in-game token, $WERAC, plays a pivotal role in "EF Defense." Additionally, the game's developer, Weracle, plans to introduce more cryptocurrency games and a dedicated digital wallet as part of its expanding ecosystem. This strategic integration of blockchain technology and tokenomics aims to redefine traditional Tower Defense gameplay.

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Cyberstella - Game Review

Cyberstella - Game Review

Cyberstella, a Japanese space opera, has gained attention for its innovative fusion of futurism and blockchain technology within an expansive media universe. This project is primarily presented as a compelling Shoot 'Em Up game, utilizing the Avalanche network. One of the standout features of Cyberstella is its evolving narrative, which is a collaborative effort between the community and the game's core concept. The backbone of this dynamic universe is NFTs called "Crew," with each character being unique yet interconnected, creating a rich multiverse. Cyberstella's ambitions extend beyond the game realm, encompassing various media formats such as manga, games, webtoons, anime, and movies. NFT owners are encouraged to personalize their digital personas by naming them and crafting backstories. Furthermore, the community plays a central role in shaping Cyberstella's lore, offering creative freedom to weave their narratives into this ever-expanding universe. The system enables community-owned Crew NFTs to become integral characters in the Cyberstella universe, participating in events and even influencing the manga storyline. In terms of the narrative, Cyberstella offers an immersive experience that blends elements of space opera, romanticism, the Western frontier spirit, and the Age of Discovery. The story unfolds in the 2020s, where explorers with futuristic yet unpretentious attire set their sights on the cosmos, driven by audacity and a thirst for new adventures. Technological progress transforms their world, challenging societal norms marked by capital disparities and uniformity. In a world characterized by an abundance of products and diversity, uniqueness becomes increasingly scarce. However, those who reject modernism and embrace the unknown stars hold the key to an uncertain fate. The narrative draws parallels to the era when the Wright Brothers questioned the possibility of human flight, with the first age of space discovery yielding success and paving the way for common space travel. Earth's social fabric evolves alongside technological advancements, while abandoned cities become historical relics. The human journey into space, from private voyages to intergalactic travel, sets the stage for interaction with extraterrestrial beings. The Age of Cyberstella begins in 2222, marking a pivotal chapter in humanity's cosmic odyssey. Tokenomics play a crucial role in the Cyberstella ecosystem. $STL serves as the in-game currency, obtainable through gameplay and exchange swaps. It empowers players to enhance their Crew Rarity, engage in Crew Scouting (minting), and execute Crew Limit Breaks. On the other hand, $UCC, an in-game token with an inexhaustible supply, is primarily earned through exploration and adventure. It is essential for core gameplay functions, including the restoration of expended Crew Vitality and the elevation of Crew Levels. Costs denominated in $UCC are meticulously and dynamically computed to maintain gameplay equilibrium. The community response to Cyberstella has been positive, with users expressing enthusiasm for the project. Some have compared it to the cyberpunk genre, while others see potential in the Avalanche network as a key player in the future of blockchain technology.

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Antebellum: Fusion of Fantasy Gaming and Crypto NFTs - Game Review

Antebellum: Fusion of Fantasy Gaming and Crypto NFTs - Game Review

Remember the days when gaming was just about scoring points or defeating a pixelated boss on a screen? Well, hold onto your hats, because Antebellum is about to redefine your gaming experience. Imagine a game that not only captivates you with its fantastical storyline but also introduces you to the cutting-edge world of crypto non-fungible tokens (NFTs). It's like stepping into a new dimension, where the thrill of gameplay merges with the innovative technology of the digital age. This is what "Antebellum," set on the enchanting planet Valeria, offers to every player, whether you're a seasoned gamer or a curious newbie in the world of crypto NFTs. The World of Antebellum: A Fantasy Realm Unveiled: The Lore of Valeria. Once upon a time, in the vastness of the universe, a celestial being named Gaia searched for a place to call home. This search ended on Valeria, a planet so breathtaking that Gaia decided to settle there. But as time passed, loneliness crept in, leading Gaia to create the Valerians - creatures with formidable natures and powers. However, not all tales have happy beginnings. The Valerians, driven by their inherent power struggles, plunged the planet into chaos and bloodshed. This turmoil gave birth to the Heroes/Conquerers, Gaia's answer to the corruption spreading across her beloved Valeria. Setting the Scene: Imagine a world where every corner of the landscape brims with life and mystery. Valeria is not just a backdrop; it's a character in its own right. Its beauty lies not just in its visuals but in the stories that unfold within it. As a player, you're not just passing through; you're part of this world, shaping its destiny with every decision you make. Gameplay Mechanics: Where Fantasy Meets Reality: Modes of Play. "Antebellum" isn't just a one-trick pony. It offers a variety of gameplay modes - from story-driven adventures and competitive PvP battles to custom matches and epic faction wars. Each mode is designed to cater to different playstyles and preferences, ensuring that there's something for everyone. The NFT Twist Now, let's talk about the real game-changer - NFTs. In "Antebellum," the Valerians you command are not just digital characters; they're tradeable NFTs, each with unique designs and abilities reflecting the diverse land types of Valeria - Fire, Electric, Rock, Water, and Grass. Plus, there are 10 legendary lands in the NFT collection, adding another layer of rarity and value to your gameplay experience. Building on Unity A smooth gaming experience is non-negotiable, and that's where Unity, the real-time development platform, comes in. It ensures that "Antebellum" runs seamlessly on mobile platforms, providing an immersive experience without the lag. The Ethereum Connection Antebellum is built on the reliable and secure Ethereum network. This not only enhances the game's functionality but also provides a stable foundation for its marketplace, where players can buy, sell, and trade their in-game items with ease and security. Tokenomics: The Currency of Valeria In the world of Antebellum, the in-game currency is $VAL, initially capped at 250 million. It serves as both the governance and utility token, earnable through various in-game activities like tournaments and PvP battles. These tokens are not just numbers on a screen; they hold real utility in the game's marketplace, allowing you to trade NFTs and other items. It's a system that rewards skill and strategy, giving players a sense of achievement that goes beyond the game. Conclusion: A Game for Everyone "Antebellum" is more than just a game; it's a doorway to a new era of gaming where fantasy, technology, and community come together. Whether you're a hardcore gamer or someone intrigued by the potential of NFTs, "Antebellum" offers a unique and engaging experience. It's a world waiting to be explored, battles to be won, and stories to be told. So, are you ready to embark on this journey? Welcome to Valeria; your adventure awaits!

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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