Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming - Page 616

Art lovers, listen up! Star Atlas, Wild Flower, Galactic Council, and Skyborne Legacy will take you on an exciting journey into the world of NFTs. From July 19 to July 31, there will be an amazing line-up of mint releases in the NFT world, which has collectors, investors, and fans buzzing with excitement. This July, NFT will release a stunning set of mints that will appeal to art lovers, collectors, and tech fans alike. Get ready to see releases that will change what it means to be original and leave an indelible mark on the NFT industry, which is always changing. Mark your calendars and get ready for a once-in-a-lifetime digital art and technology experience.

Together with Immutable, Eyeball Games was able to get $1.5 million in pre-seed funding for the development of the NFT-based game Eyeball Pool. White Star Capital led the fundraising round, which also included Polygon Ventures, Ocular, Great South Gate Ventures, and well-known angel investors. White Star Capital put money into the round from its Digital Asset Fund, which is backed by Ubisoft. Eyeball Pool was made by the same people who made the popular mobile game 8 Ball Pool. It aims to bring pool games into the 21st century with Web3 features and full asset ownership. The game will come out in a few months, but only NFT owners will be able to take part in a closed beta test before the official mobile launch in the first quarter of 2024.

In Q2 2023, Savvy Gaming Group, which is owned by Saudi Arabia's Public Investment Fund (PIF), bought Scopely for $4.9 billion. Sega bought Rovio for $775 million. The Web3 gaming industry grew a lot, and deals worth more than $6 billion were made public. Mobile gaming was the most popular with 12 deals, while blockchain gaming got a lot of attention with 7 deals. Team 17, Sony, and Keyword Studios were all involved. In Q3, experts expect there to be a lot more mergers and acquisitions (M&A), public market growth, and interest in private equity.

Solana Labs has made GameShift API, an innovative web3 tool that makes making games easier and gives NFT solutions. GameShift was started by the original creators and developers of the Solana blockchain network. It gives game developers access to third-party crypto applications, making it easier for them to make games on the Solana platform and move existing games to the network without any problems. Play-to-own features and other web3 elements can be added to games using the API. This lets game developers add a "ownership layer" using blockchain technology. With Solana's network, players can really own in-game items as NFTs and trade them freely, breaking out of traditional games' walled gardens.

Google Play's most recent update to its policies for July 2023 allows digital assets to be tokenized and used in blockchain games. This is a big change for the web3 gaming industry. Even though developers are happy about this change, they must follow strict rules and be honest to get their games on the Play Store. Notably, the policy bans NFTs with gacha mechanics and sets rules for the content of gambling games that use blockchain technology. This change in policy could bring back the NFT hype, which has led to a lot of investment and criticism in the past. Even though some people think it's a delayed decision, experts are still optimistic about the impact of the industry.

Ubisoft, the game developer that made Assassin's Creed, is now working with Cronos as a node validator. This makes Ubisoft a bigger part of the NFT gaming world. With this partnership, Ubisoft is joining yet another blockchain network, which shows how committed the company is to using cutting-edge technology. Cronos is happy to announce that gaming giant Ubisoft will join the Cronos network as a validator. The company has promised to support and promote the Cronos network. Ubisoft will run a node on the open-source platform that works with both Ethereum and Cosmos. This will make sure that the network works well and is safe. Ubisoft is working with 27 other well-known validators, such as Crypto.com and Blockdaemon, to create and verify blocks as part of a decentralized gaming landscape.

The Play To Earn model is revolutionizing the gaming industry, offering players the opportunity to earn real-world value or in-game rewards through their gameplay. This article dives into the 10 most asked questions about Play To Earn, covering topics such as how it works, the benefits, popular games, getting started, safety considerations, and its impact on the future of gaming. Whether you're a seasoned gamer or new to the concept, this article provides valuable insights into the world of Play To Earn, allowing you to understand the potential for monetizing your gaming skills and investments in this innovative gaming model.

Sparkball, Mighty Action Heroes, and Summoners Wars Chronicles are games that everyone will want to play this summer of 2023. Even though there are a lot of Web3 games, some players have trouble finding the right one for them. But the games above are likely to be interesting to gamers of all types. Sparkball is a competitive 4x4 "Mobrawler" game similar to League of Legends and Rocket League. In order to score goals, teams must find a balance between "balling" and "brawling." Sparkball promises to be a fun, action-packed game that gamers can play on the go. It has a lot of customization options, a tactical gameplay style, and a focus on teamwork.

Neopets, a beloved fan-favorite from 1999, had ambitious plans for its NFT game, Neopets Metaverse, after securing $4 million in funding and receiving CEO endorsement for play-to-earn games. However, the company shocked fans by abruptly canceling its NFT and play-to-earn vision. The reasons behind this decision remain unclear, and speculation arises whether it was due to peer pressure, backlash from fans, media criticism, or the community's demands. Neopets Metaverse, which had already sold thousands of Solana NFTs, will now transition to a non-crypto mobile game called World of Neopets. This sudden change leaves fans wondering about the future of their favorite virtual pet simulator.

Own The Zone is a revolutionary Web3 women's football game introduced for the FIFA Women's World Cup AU NZ 2023. Developed by Reality+ and OTZ Sports, it leverages blockchain technology and real-time data to provide an unparalleled gaming experience. Players can strategize and make decisions based on live match data, offering an immersive football management experience. The game's integration of Non-Fungible Tokens (NFTs) enables players to collect unique digital assets and earn rewards, enhancing their engagement. Own The Zone fosters community building, allowing enthusiasts to showcase their expertise and unite football fans worldwide in celebrating the excitement of women's football.

In a recent interview with Pocket Gamer, Immutable Games, the developer behind the successful NFT trading card game Gods Unchained, sheds light on the concepts of web3 gaming and its impact on the future of mobile and video gaming.Immutable Games' Chief Studio Officer, Justin Hulog, explains that web3 gaming is not solely about making players wealthy overnight, but rather about recognizing the value of players' time and money. The philosophy behind web3 gaming is to create a system that rewards players for their engagement and commitment. Unlike traditional Web 2 games, where in-game rewards might disappear with server shutdowns and items lack tradability or ownership rights, web3 games offer true ownership of in-game assets. This ownership extends beyond platforms and even allows players to trade or sell their assets when they choose.Hulog emphasizes that web3 technology enriches the gaming experience by empowering players to retain and enhance the value of their investments. The transition from Web 2 to Web 3 requires the expertise of web3 technology specialists, and ready-to-use product suites with integrated solutions can facilitate this transition. These solutions prioritize user-friendliness and security while providing real-time support tailored to each project.Immutable Games is optimistic about the role of web3 in the mobile gaming industry. As mobile gaming evolves from free-to-play models with loot boxes to "Play and Own" models that prioritize player community, web3 gaming is expected to play a crucial role. This approach maintains the flexibility and monetization aspects while allowing players to create and preserve value. Hulog suggests that the integration of subtle web3 elements into game design will lead to engaging titles that don't require players to grasp complex blockchain technology.Hulog also discusses Immutable Games' collaborations with development teams, focusing on integrating gameplay mechanics, tokenomics, and asset management. Drawing from their experience at Riot Games, Hulog emphasizes that web3 gaming will drive continuous growth, resulting in a diverse range of high-quality titles that seamlessly incorporate web3 elements.

Space Mermaids is an innovative web3 arcade-style game that allows players to earn NFT rewards without spending money. With vibrant colors, sharp resolution, and engaging animations reminiscent of 1980s arcade screens, the game immerses players in a pixelated mermaid world. Armed with a trident, players aim to collect as many stars as possible to improve their rank. The game features a scrolling map filled with asteroids to avoid, while red hearts replenish health. By skillfully navigating the map, players can achieve high scores and climb the leaderboard. Top-ranking players will receive a free Space Mermaids NFT on the XRP Ledger as a reward.

In the highly anticipated release of Chapter 2: Garden of Friends, the captivating web3 game Axie Infinity: Raylights takes the spotlight, introducing exciting new features and landing players with valuable NFTs. Created by Quicksave Interactive, led by the visionary CEO Elina Arponen, this immersive Web3 experience brings the enchanting world of Axie Infinity to life. Players venture into Lunacia, where they collaborate with fellow Axie owners, planting minerals, discovering unique combinations, utilizing Axie's mineral knowledge, cultivating breathtaking plants, and crafting awe-inspiring land plots. With in-game monetization and the ability to trade valuable NFTs, prepare for an epic adventure like never before!

Web3 technology is changing the gaming industry by shifting the focus from creators to players. It does this by giving players ownership of in-game assets and the chance to make money in the real world. The Web3 gaming industry is driven by decentralization, security, tokenization, and ownership, and it is expected to be worth more than $200 billion by the end of 2023. Web3 makes it possible for players to make money from their digital assets by making games more immersive and interactive. Scalability, on the other hand, is still a problem that needs money and new technology to solve. Web3 isn't just the way things will be in the future; it's already here, making it possible to decentralize and cut out middlemen. Blockchain technology can't be separated from Web3, which is changing the way games are played.

This week, there were big changes in the world of Web3 gaming. After Sega said no, Google Play's decision to accept NFT games changed the game. Mighty Action Heroes gave early access, Deaddrop gave a sneak peek, and upcoming games like Cool Cats and Gas Hero got people excited. The beta season for the Machines Arena has started, and the public beta for Cradles has been announced. Google's support for NFT games on its platform and the large number of new games show how important blockchain and NFTs are becoming in the gaming industry. Web3 gaming options keep getting better, which points to an exciting future in a world that is always changing.