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

Kinetix, an AI startup based in Paris, is revolutionizing the gaming industry with its groundbreaking technology called Text2Emotes. By harnessing the power of generative AI, Kinetix allows gamers and virtual world enthusiasts to create 3D animations and emotes simply by inputting text prompts. Also, this innovation opens up new avenues for self-expression and user-generated content in gaming. It presents an exciting prospect for players, developers, and publishers alike. Kinetix's CEO, Yassine Tahi, believes that text is the easiest way for people to express themselves in virtual worlds. Text2Emotes offers one of the first examples of AI technology that can generate high-quality. In addition, it can generate playable 3D animations and emotes based on basic text input. Users can enter a simple text prompt, such as a dance move or an emotional expression, and witness their avatars come to life through AI-generated emotes.

FTX collapse ripple effect continues to date as another casualty happened where a Web3 card game bites the dust. Sam Bankman-Fried’s favorite game Storybook Brawl is shutting down its servers on May 1st. The decision came just after 13 months of its acquisition by FTX. It is yet another addition to the list of casualties. Good Luck Games, the creator of Storybook Brawl, announces on Twitter that the Web3 card game will shut down amid no direction forward. Apparently, the creators tried their best to find a way to keep the game afloat. However, they couldn’t find a way forward and hit a dead end. Good Luck Games was acquired by FTX US (also known as West Realm Shires) and fell under the "FTX Gaming" banner.

Today marks the launch of NFL Rivals worldwide on both Apple AppStore and Google Play. Mythical Games, the game's developer, invites players to immerse themselves in the exciting football gameplay. They can strategize their plays, gather their preferred players, and establish their ultimate team. Players can also celebrate the off-season in style with special rewards, tournaments, and exclusive content. Mythical Games acknowledges the critical role by their partners, including the National Football League (NFL), NFL Players Association, and OneTeam Partners, in achieving this milestone. The collaboration was instrumental in delivering a unique gaming experience that captures the spirit and energy of football.

Video games have come a long way since the days of arcade machines and simplistic graphics. Today, there are a multitude of platforms available for gaming, including consoles like Xbox, PlayStation, and Nintendo, as well as PC gaming. One of the biggest advancements in gaming technology has been the development of virtual reality (VR), which allows players to immerse themselves in digital worlds like never before. Companies like Oculus and HTC are leading the charge in this field, with more and more games being developed specifically for VR.

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.