Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming - Page 642

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Nakamoto Games Ecosystem

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.

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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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Benji Bananas - Game Review

Benji Bananas - Game Review

In Benji Bananas, you play as a monkey who loves swinging on vines and eating bananas. The game is presented in 2D and allows you to control the monkey as it navigates through the jungle. As you progress through the levels, you'll need to use your skills to avoid obstacles and collect as many bananas as possible. As a crypto game, Benji Bananas offers players the chance to earn rewards through gameplay. The combination of fun, fast-paced action and the opportunity to earn rewards make this game a must-play for fans of 2D platformers. Benji Bananas, the monkey, is a fun and free adventure game in which players assist Benjo on a banana-collecting expedition. It's jam-packed with entertaining animation and graphics that provide a very immersive gaming experience. Players can control monkey as he soars across a variety of landscapes by jumping from vine to vine using physics-based movements. You can customize your monkey with several clothes and special abilities such as a jetpack and eagle ride. Collect as many fruits and chilis as you can to gain access to further upgrades. Don't give up until you've completed all the tasks! The gameplay is straightforward: touch the screen to have Benji hold a vine, then remove your finger to make Benji fall from the vine. Your hero may travel forward quicker and faster thanks to inertia and gravity, scooping up all the bananas along the way. The more bananas you collect along the way, the higher your final score will be. Furthermore, as you play, you will be able to acquire equipment that will allow you to travel further and receive higher rewards, which is quite necessary in order to access the game's best features.

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Cryptobots - Game Review

Cryptobots - Game Review

Cryptobots is a fun, creative, fight-to-earn, PvP game. The game offers plenty of earning opportunities where players can also produce, build, and rent NFTs. The game has addictive gameplay and is a promising play-to-earn game. Earth is a long-forgotten dream and everyone has moved towards the galaxy residing across space. There is no official government and no one to offer direction. Bots, though, are what is left over from earlier technologies.

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Tanks for Playing - $TANK Battle Token - Game Review

Tanks for Playing - $TANK Battle Token - Game Review

Are you ready to dive into the thrilling world of Tanks for Playing, where strategic tank battles and competitive missions await? Whether you're a seasoned gamer or a newbie to the world of multiplayer strategy games, Tanks for Playing offers an immersive experience filled with customizable tanks, unique weapons, and the chance to earn fantastic rewards. Let's break down the key elements of this game and explore how you can emerge victorious in the battlefield of tank warfare. Getting Started: Tanks, Energy, and Hearts: As you embark on your Tanks for Playing journey, it's crucial to understand the basic elements that shape your gameplay. Each player starts with two energy points and two hearts, laying the foundation for their tank army. The tanks themselves boast two tile ranges, and your initial positioning on the map is determined by the order of entry into the game. The Quest for $TANK: Fueling Your Gameplay: The ultimate aim in Tanks for Playing is to win $TANK and make a fortune in the virtual world. The game tempo is structured around three distinct game modes, each presenting its own set of challenges and opportunities for players to showcase their strategic prowess. Energy Management and Tank Customization: In Tanks for Playing, your energy points are your lifeline—they fuel your actions, allowing you to build, upgrade, attack, and defend. The game offers a diverse range of tanks, each equipped with unique abilities and strengths. Forming alliances with fellow players can be a game-changer, as you collaborate to conquer territories and crush your adversaries. Rewards Galore: Upgrades, Currency, and Rare Tanks Earning rewards is a key aspect of Tanks for Playing, and there are various avenues to amass in-game riches. Completing missions, achieving milestones, and participating in tournaments all contribute to your rewards. This virtual bounty includes in-game currency, rare tanks, and valuable items that can elevate your gaming experience. Navigating Challenges: Obstacles, Fog, and Blockchain Record-Keeping The battlefield in Tanks for Playing isn't just about firing shots and making strategic moves—it's filled with obstacles and moving barriers that add an extra layer of complexity. Additionally, every action you take is recorded on the blockchain, ensuring transparency and security. The Enigmatic Fog: A Game-Changer One distinctive element in Tanks for Playing is the encircling fog that shrouds the map. Players must tread carefully, avoiding the fog to prevent damage to their tanks. Any tank caught within the fog's grasp risks exploding at any moment. This dynamic feature keeps players on their toes, discouraging camping and promoting active, strategic gameplay. Token Battles: A Gateway to $TANK Riches If you're looking to boost your virtual fortune in Tanks for Playing, Token Battles are the way to go. Winning battles and completing gaming objectives on the platform can earn you $TANK tokens as compensation. To maximize your chances in these battles, upgrading the capabilities of your combat tanks is crucial. Enhancing Your Arsenal: The Key to Token Battle Success To emerge victorious in Token Battles, strategic tank upgrades are paramount. As you gain battle experience and acquire more powerful tanks, your chances of winning $TANK tokens increase. It's a cycle of improvement and progress, where the savvy player with a well-customized tank fleet stands the best chance of triumph. Conclusion: Tanks, Tokens, and Triumph Tanks for Playing is not just a game; it's a dynamic world where strategy, collaboration, and tactical decisions shape your destiny. Whether you're navigating the fog, engaging in Token Battles, or upgrading your tank arsenal, there's always a new challenge waiting to be conquered. So, gear up, assemble your tank brigade, and dive into the world of Tanks for Playing. The battlefield awaits, and glory—and $TANK tokens—are within your grasp!

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Illuvium - Game Review

Illuvium - Game Review

Illuvium is a double blaster by being a fun-filled action treasure hunting blockchain game plus a mode of making some real cash on the sides. It is the first truly AAA game on the Ethereum blockchain with a lot of emphasis on the gameplay. Moreover, it is a multiplayer roleplay game where players develop their characters to compete against others in a battle royale. The winners achieve supremacy in the Illuvium world along with bragging rights. The game is playable in two formats, the story mode, and the battle arena mode, each according to the player’s taste. Illuvium Review: The game revolves around mythical demi-god creatures called Illuvial. These double blaster Illuvials live in a huge beautiful scenic universe with involvement in treasure hunting. Moreover, the Illuvial has the capability of absorbing other Illuvials energy and growing as a being. The player begins the gameplay whilst stranded on a destroyed planet beyond repair after an aircraft crash. The main goal of the player is to develop characters by finding treasures and absorbing other players’ energy. Furthermore, the developed characters are NFTs called ILV tokens which are available for acquisition in-game. Moreover, these tokens are tradeable on the marketplaces, buy or sell on IlluviDEX, or other exchanges. Not only the action gameplay is interesting, but the game works with Ethereum blockchain technology, making it more reliable and promising. Furthermore, the game utilizes Immutable X to give the users facility of zero gas fee transactions. On top of it, it also leverages the security of the Ethereum network to make ensure a safe and secure play and the security of the in-game assets.

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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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