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

Eternal Dragons have announced that they are launching their first-ever Guild-focused tournament. This is a significant event that follows the success of the Alpha Tournament that took place earlier this month. The tournament is designed to put a spotlight on the gaming guilds that have joined Eternal Dragons and those that have been explicitly formed around their game. So this time around we have gaming guilds in focus, and players should join one at their earliest convenience. Players can collect special Dragon NFTs and use them across multiple games as they progress through the expansive realm of Eternal Dragons. We will share more about Eternal Dragons gaming guilds at the end of the article.

Play To Earn Games, Hype or Not? In recent years, there has been a rise in the popularity of Play To Earn games. These games allow players to earn real-life rewards, such as cryptocurrency, by playing the games. While some may see this as a new hype in the gaming industry, others believe that it is here to stay. Firstly, let's take a look at what Play To Earn games actually are. These games use blockchain technology to allow players to earn rewards for their in-game achievements. The rewards can be anything from cryptocurrency to skins for their characters or even rare items.

Web3 gaming content creator Brycent and Esports Pioneer XSET are all set to join forces for unprecedented development and expansion in gaming. XSET focuses on creator-driven narratives and their vision led them to collaborate with one of the most dominant web3 content creators. Brycent aims to expand its Web3 gaming content with XSET, a company renowned for devoted esports teams and popular gamers. Additionally, Brycent will continue his collaboration with Gary Vaynerchuk's VaynerSports as his talent management company. Brycent Johnson has joined the renowned esports organization XSET as its first web3 gaming content creator.

Gadget-Bot, a story-driven concept design studio has finally revealed the Kaidro web3 game after completing a development period of more than a decade. Production company Gadget-Bot is bringing one of the most insightful webcomics Kaidro to life as an epic web3 game. Gadget-Bot’s journey from notable webcomics and social videos to web3 is highly impactful for the industry. Kaidro web3 game will be launched this year on the Ethereum scaling network Immutable. In this role-playing game, players can gather and trade creatures called Kaidros in a fantasy world. There are many traits and skills that can be upgraded and traded between players for different Kaidros.

This week we saw many activities in the Web3 gaming industry ranging from Gala Games rolling out the new token to Square Enix and Elinix Games joining hands. Moreover, there was also news about Community Gaming laying off employees, some alpha playtests, and new season rollouts. Blockchain gaming developers are hard at crafting alphas and inviting players to test them. We had Ember Sword Alpha playtest, a new Genesis tournament in Undead Blocks, Alpha Season Two of Axie Homeland. Additionally, another promising alpha is on the cards where we shall play the alpha 2.0 from Citizen Conflict. More updates on games, we have Otherside introducing Legends of the Mara, and MegaWorld implements Cross-chain dependencies.

Get ready for the latest release of Cantina Royale with exciting features and gameplay modes. New Ultimates, Rewards, Map, and More! Cantina Royale is back with its latest update, bringing new ultimates, rewards, maps, and gameplay modes. In this blog, we’ll take a closer look at what’s in store for the players in the upcoming release. From character ultimates to end-game rewards, and new gameplay modes, there’s plenty to be excited about. The new update brings unique and fun ultimates for every character in Cantina Royale. The ultimates have gone through multiple rounds of playtesting to ensure that they feel different for each character and provide a fun experience in battle. Let's take a look at each ultimate and its effects during battle.

Ember Sword, an upcoming MMORPG Web3 game had its Alpha test on the 18th and 19th of April. Each registered player got 30 minutes of playtest experience with plenty to experience from. The playtest offered five main quests involving PvE combat where players encountered wild animals like boars and bears. Moreover, the playtest had resource collection and crafting experience. And at the end of the playtest, we had a survey questionnaire asking for feedback and experience. In today’s article, we will review the Ember Sword Alpha playtest, let’s get into it. The alpha playtest was fun where you as a knight head out to various parts of the map and fight wild animals, other players in the arena, and boss fights.

The internet has come a long way since its inception in the 1990s. From simple static web pages to complex, interactive applications, the web has evolved dramatically over the years. Today, we are witnessing the emergence of Web 3.0, which promises to take the internet to the next level with the help of blockchain, AI, and decentralization. This blog will explore the evolution of the web, from Web 1.0 to Web 3.0, and discuss the technologies and concepts that are shaping the future of the internet. Web 1.0, also known as the static web, refers to the early days of the internet when the web was primarily a collection of static HTML pages. The web was mainly used for publishing information and providing basic functionalities such as email and file sharing. The characteristics of web 1.0 were limited user interaction, unidirectional flow of information, and a lack of dynamic content. Moreover, It was mainly for information dissemination rather than interaction and collaboration.

The partnership between Elixir Games, a major web3 PC game seller, and Square Enix, is expected to create a powerhouse that will incorporate blockchain technology into the way games work. Square Enix's interest in web3 gaming and its interactive Web3 project, Symbiogenesis, suggest that the two companies will work together to create new gaming experiences that leverage web3 technology. Elixir's recent integration with Epic Games and its position as the most important PC game distributor on the open web3 market make it an ideal partner for Square Enix. The partnership will allow millions of gamers to discover high-quality web3 games seamlessly.

The health and fitness industry has long been searching for ways to motivate people to get moving. While there are countless workout apps, gyms, and fitness studios available, the sedentary lifestyle of modern-day society has still left much to be desired. That's where Walken comes in - a move-to-earn mobile app that uses blockchain technology and NFTs to incentivize movement. Walken captures the step counts from your smart devices and rewards you with WLKN tokens, the native game currency. The app has released its roadmap, covering some of the important aspects of the game. While many move-to-earn games have a similar ecosystem, Walken is doing something differently. For one, they are introducing better localization support, adding seven additional languages. Additionally, 60 million tokens from the community pool reinvested into the M2E game, which is a game changer, bringing more value to the ecosystem.

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.