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.
Polygon zkEVM Prover: Enabling Blockchain

Polygon zkEVM Prover: Enabling Blockchain

Let's take a look at Polygon's zkEVM, which is a layer-2 scaling solution that allows smart contracts on the Polygon network to be run in a way that is both fast and scalable. How does it do this, though? Using zero-knowledge proofs (ZKPs) and a trustless mechanism, the zkEVM Prover is a key part of generating and checking ZKPs to show that smart contract execution was done correctly. In this blog, we'll look more closely at how the zkEVM Prover is made and what it can do. How it lets developers build scalable, trustless, and decentralized apps on the Polygon network while reducing the costs and complexity of on-chain computation. So, buckle up and let's go! Polygon's zkEVM Prover is an important part of the Polygon network. It lets smart contracts on its layer-2 scaling solution run quickly and on a large scale.

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A Round-Up of Play-to-Earn Games in May 2023 by DappRadar

A Round-Up of Play-to-Earn Games in May 2023 by DappRadar

DappRadar has shared a list of promising Web3 games that will be launching massive updates in the coming weeks, and in this article, we will analyze some of the best play-to-earn Web3 games available for May 2023. Play-to-earn games are becoming increasingly popular as gamers seek ways to earn cryptocurrencies while playing their favorite games. In the first quarter of 2023, several exciting Web3 games were launched, providing gamers with immersive gaming experiences. As Web3 becomes the norm, play-to-earn games will continue to gain popularity, and game developers are ensuring they meet gamers' standards. DappRadar has highlighted some of the most epic Web3 games to follow this month, and this article discusses and analyzes the list of Web3 play-to-earn games for May. The list of games includes The Sandbox, Shrapnel, Splinterlands, Paradise Tycoon, Eternal Dragons, NFL Rivals, Kaidro, and DEFY.

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Blockchain Gaming and Virtual Worlds Market Report April 2023: DappRadar

Blockchain Gaming and Virtual Worlds Market Report April 2023: DappRadar

The article gives insights into the Growth, Fluctuations, and Innovations in the Blockchain Gaming and Virtual Worlds Industry. Blockchain gaming experienced a slight decline in activity in April 2023 according to a recent report by DappRadar. The report suggests a 10% decrease in overall activity. However, blockchain games still accounted for 38% of on-chain activity, demonstrating their continued relevance and potential for growth. The emergence of new gaming chains such as Arbitrum and Immutable X, with Arbitrum experiencing a 118.36% increase in users and Immutable X witnessing an 8.88% growth, reflects the ongoing expansion of the blockchain gaming ecosystem. This growth will lead to further innovation and a wider range of gaming experiences in the future. WAX is the most popular game chain right now, with more than 320,000 unique active wallets (UAW) being used every day. Polygon is in second place with more than 140,000 UAW, followed by Hive with about 86,000 UAW and BNB Chain with 82,000 UAW. Game makers and investors are both interested in Sui, a new blockchain network.

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Ultra Games Launches Chrome Extension for Ultra Wallet

Ultra Games Launches Chrome Extension for Ultra Wallet

Ultra Games has reached another important milestone by launching its Google Chrome application. This comes after the successful launch of the Ultra Games store. Ultra Games is the Steam version of Web3 games, which is changing the video game market by adding more features for a better gaming experience. By adding this extension to their computers, Ultra Games users can go straight to their wallets. Users can put their UOS and Uniqs in the cryptocurrency wallet that doesn't hold users' money. With this application, users can also trade NFTs safely and without paying any extra fees. Also, Ultra Games was going to release their third-party data source. Ultra Games has also given the name 'Ultra is Life' to their third-party data source and interface. 'Ultra is Life' lets users see what NFT and ultra wallet trades are going on in the Uniq market.

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Binance Group Comes Forward in Gala Games' Contract Upgrade

Binance Group Comes Forward in Gala Games' Contract Upgrade

The Gala Games contract upgrade marks a significant transformation in the game ecosystem. This update introduces a new token, $GALA(v2), which will replace the original $GALA token, offering users improved security, growth prospects, and additional features. The transition is scheduled for Monday, May 15, around noon PT time. Token holders will receive the new $GALA(v2) token at a 1-to-1 rate. However, holding $GALA in centralized exchange wallets might lead to issues, as the exchange could gain ownership of the new tokens.Binance Group plays a crucial role in this transition, supporting Gala Games in their contract upgrade. The new $GALA(v2) token will be backed by Binance, providing technical expertise and ensuring a smooth process. Exchange support is vital to ensure users can seamlessly obtain the new tokens, and centralized exchanges must manage the token swap accurately.Gala Games has been actively engaging with exchanges that list the $GALA coin to gain their support, although some exchanges might not respond in time. They recommend restricting users from entering or withdrawing the old $GALA(v1) token after the contract swap.Binance Group's backing is pivotal in Gala Games' contract upgrade. Binance publicly supports the contract swap and will halt $GALA deposits and withdrawals on the Ethereum network at a specific time. This move aims to ensure that the new tokens are seamlessly integrated into users' accounts. Binance's trust in Gala Games showcases confidence in blockchain technology and fosters trust in the ecosystem.Binance's endorsement is likely to attract more users and investors to the Gala Games ecosystem, enhancing the project's visibility and growth potential. As a major cryptocurrency exchange, Binance's support holds significance. Furthermore, Binance's example sets a precedent for other exchanges, encouraging them to follow suit and facilitate smoother transitions for token upgrades.Overall, Binance's support for the Gala Games contract upgrade is a pivotal development. It demonstrates faith in the project's capabilities, encourages user and investor participation, and sets a valuable precedent for future token upgrades. The upgrade's success on May 15 will be closely observed by the Gala Games community and the broader cryptocurrency industry.

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Eternal Dragons Update: New Quest Mode and NFT Integration!

Eternal Dragons Update: New Quest Mode and NFT Integration!

The auto-battle Web3 game Eternal Dragons just got a huge update that promises a ton of new and exciting content for its loyal players. Starting today, the update is in full swing. It adds lite NFT integration, which will let Genesis Eternal Dragons come out for the first time. Along with adding NFT, the update adds Quest Mode Challenges and makes a number of other changes and improvements to the game. Now, if a player takes part in a PvE Quest Challenge, they can win rewards on a daily basis. The change will make the game a lot more fun to play for players who will continue to level up. So, there's a lot to do after the update. You can go to Magic Eden to check your Genesis Holdings, go straight to PvE mode, or fight other players in PvP mode. Let's talk about how these changes will affect the game and the players.

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Web3 Gaming: A New Era of Play-To-Earn and Mass Adoption

Web3 Gaming: A New Era of Play-To-Earn and Mass Adoption

The current economic approach of play-to-earn (P2E) games is one of the biggest problems with Web3 gaming. Play-to-earn games can be very profitable for some people, but they may not be able to keep going in the long run. Casual players don't like games that are more focused on making money than having fun. In a study, the Blockchain Game Alliance said that the main things holding back mass adoption are bad gameplay and hard-to-understand onboarding. To solve these problems, developers need to focus on making immersive and interesting gameplay, a smooth way to get started, and long-term economic models that put players first. Web3 games is a part of the blockchain business that is growing quickly. But Web3 gaming hasn't become popular yet, even though it has a lot of promise. A recent poll found that 75% of game developers plan to work with Web3 games in the future, and 56% of those surveyed think that Web3 technology will change the way games are made.

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Experts Call for Regulatory Action as Web3 Revolutionizes Finance

Experts Call for Regulatory Action as Web3 Revolutionizes Finance

Web3 assets are still a long way from being used by most people. No matter if it's NFTs, cryptocurrency, tokens, or some other type of digital asset, there are a number of problems that are slowing the growth of Web3. One of the biggest problems is that states all over the world move slowly when it comes to making rules for Web3 digital assets. Part of the reason for the slow method is that Web3's new technology is very fluid. And politicians are trying to figure out and learn more about Web3. But experts say that states need to start regulating Web3 assets as soon as possible. Experts say that states should make rules about Web3 assets as soon as possible. And not wait until the field has reached its peak, since it is always changing. Monday at the Dubai FinTech Summit, there was a panel discussion where these thoughts and points of view were brought up.

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Sui Blockchain: A New Era of Decentralized Gaming

Sui Blockchain: A New Era of Decentralized Gaming

The gaming business is on the verge of a big change. As technology keeps getting better, the possibility of more complete and interesting games is becoming a fact. But the business still has to get past a number of problems before it can reach its full potential. One of the biggest problems in the game business is that it has become too centralized. Mysten Labs presents Sui Blockchain, a Layer 1 blockchain and smart contract platform that makes it easy, private, safe, and quick for anyone to own digital assets.

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Why Coinbase’s Decision Not to Support Gala V2 Token Upgrade is a Big Deal for Crypto Investors

Why Coinbase’s Decision Not to Support Gala V2 Token Upgrade is a Big Deal for Crypto Investors

In the world of cryptocurrency, a significant development is taking place regarding Gala Games' native token, Gala, and its upgrade, Gala V2. Coinbase, a major cryptocurrency exchange, is at the center of this development, and its decision not to support the Gala token upgrade has raised questions and concerns within the cryptocurrency community. This article aims to provide a detailed summary of these events and their implications for Gala holders and the broader crypto industry.Gala Token Upgrade and Coinbase's Response:Gala Games, a blockchain gaming startup, has announced plans to upgrade its native token, Gala, to Gala V2. This upgrade is intended to enhance the token's smart contract, making it more secure and versatile for the evolving world of blockchain gaming. However, Coinbase, one of the largest cryptocurrency exchanges, has opted not to support this upgrade. Coinbase announced that it would cease trading the current Gala token (Gala V1) on May 12, three days before the scheduled upgrade on May 15. This decision has left many Gala holders concerned and uncertain about the fate of their holdings.The exact reasons behind Coinbase's decision remain unclear. Gala Games' President of Blockchain, Jason Brink, speculates that Coinbase may view the token distribution as an airdrop rather than a direct replacement, which could explain their cautious approach. Nevertheless, Coinbase's stance is having significant repercussions within the cryptocurrency industry.Implications for Gala Holders:Gala holders who currently have their tokens on Coinbase face several important consequences due to this development. To benefit from the Gala token upgrade to Gala V2, they must transfer their tokens to a compatible wallet by May 15. Failing to do so means they will not receive the upgraded tokens, and Gala V1 tokens will no longer be functional or supported on Coinbase after May 15. This creates a potential challenge for those who held Gala coins in liquidity pools or smart contracts, as they will need to withdraw their holdings promptly to participate in the upgrade.Moreover, beyond the immediate impact on Gala holders, Coinbase's cautious approach has broader implications for the cryptocurrency industry as a whole.Regulatory Challenges and Their Wider Impact:Coinbase's decision reflects the ongoing regulatory challenges that cryptocurrency exchanges are facing, particularly in the United States. Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) have heightened scrutiny of crypto-related activities, particularly initial coin offerings (ICOs) and token sales. Consequently, exchanges like Coinbase are exercising increased diligence when handling token upgrades and distributions.These regulatory challenges range from ensuring compliance with existing regulations to obtaining licenses and approvals from government authorities. While this compliance is essential for investor safety and to prevent illicit activities such as money laundering, it can also stifle innovation and slow down market growth. Stricter regulations may discourage companies from pursuing new ideas and projects due to the burden of compliance.Furthermore, unclear regulatory environments can erode investor confidence, leading to reduced trading and investment activities, which can negatively impact the cryptocurrency market as a whole.The Future of the Crypto World:In summary, the Gala Games' coin upgrade has stirred controversy within the crypto community, but it also highlights the broader regulatory challenges faced by cryptocurrency exchanges like Coinbase. The lack of clarity in regulations and their potential to inhibit innovation and growth remain significant concerns. However, the cryptocurrency industry continues to evolve and adapt. Over time, there is hope for clearer regulations and industry standards, which will foster innovation and growth.Until then, companies in the crypto space will need to navigate these challenges carefully while pushing the boundaries of what blockchain technology and cryptocurrencies can achieve. Despite the obstacles, the crypto industry's future remains promising, with the potential for continued expansion and maturation.

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Mysten Labs Announces Sui Blockchain

Mysten Labs Announces Sui Blockchain

Mysten Labs and a number of the best game developers are starting the Sui blockchain network. The people who make games are Atari, Animoca Brands, Sandbox, and Decentraland. These agreements bring together the skills of game developers and blockchain technology to set a new standard for games. Atari, which is famous for games like Pong and Asteroids, will use its experience with games on the blockchain. RollerCoaster Tycoon will come out with the help of Mysten Labs on the blockchain. "RollerCoaster Tycoon: Atari World," a new game, will be better because of blockchain.

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The Nemesis Metaverse Officially Launches NEMS Token

The Nemesis Metaverse Officially Launches NEMS Token

The Nemesis, a VR AR Metaverse platform, is preparing to launch its own ERC-20 payment token called NEMS on May 8th, 2023. And guess what? This token will let players cash out and earn real money using a cool Play-and-Earn model. Isn't that fantastic? The Nemesis is available on iOS, Android, and WebGL. NEMS has a lot of utility and acts as a payment token in The Nemesis. An ERC 20 on the Ethereum blockchain will serve as the foundation for all the crypto transactions on its metaverse. Now, here's the deal. The NEMS token will only be available to those who hold The Nemesis NFTs. You can grab it for just $0.15 per token. It's a pretty sweet deal if you ask me! With these tokens, you can also snag virtual real estate plots and build your own custom Metaverses. How cool is that?

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EA Co-Founder Enters Web3, Gala Games May Mayhem in Full Swing and Many More Web3 Gaming News

EA Co-Founder Enters Web3, Gala Games May Mayhem in Full Swing and Many More Web3 Gaming News

Gala Games May Mayhem in full swing, Jeff Burton joins P2Earn, Mojo Melee Open Beta, ZooRacers test, Spider Tanks, and more Web3 gaming news. Another week full of exciting Web3 gaming news playtests, reviews, and new content has made the weekend all the while. The alpha and beta playtests for several games are already underway and there is plenty to keep the weekend fun. We have Gala Games May Mayhem, ZooRacers Beta testing underway, Mojo Melee beta, revenge zombies open beta, and more. Spider Tanks adds new content and updates to the game with May Mayhem. Finally, we have Champions Arena playtest 2.0, and P2Earn Inc hiring Jeff Burton. Our weekly newsletter bulletin covers all the essential updates happening in Web3. Let’s get straight to it and see how the week is so far in Web3 gaming.

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Bored Elon Twitter Account Plans to Venture in Web3 Space

Bored Elon Twitter Account Plans to Venture in Web3 Space

Elon Musk, the CEO of Tesla and SpaceX, is one of the most influential and controversial figures in the tech world. He is known for his eccentric personality, innovative ideas, and bold statements on Twitter. However, there is another Elon Musk on Twitter, a parody account called "Bored Elon." Anonymous person manages this acccount who tweets humorous and satirical ideas for inventions. Bored Elon has gained a massive following on Twitter, with over 1.5 million followers. But what is the story behind Bored Elon, and how did it become a cultural phenomenon? The Bored Elon Twitter account was created in 2013 by an anonymous individual who wanted to parody Elon Musk's innovative ideas. The account started with a simple tweet that said "sometimes I get bored and invent things," which has since become the account's bio.

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P2Earn Inc Web3 Hires Jeff Burton

P2Earn Inc Web3 Hires Jeff Burton

The emergence of decentralized gaming platforms that enable players to receive and exchange cryptocurrencies while engaging in gaming activities has been made possible by the advent of blockchain technology. P2Earn Inc., focuses on offering cutting-edge solutions on a global scale due to its commitment to quality and innovation. The company has grown to become one of the most recognizable companies in the industry. P2Earn.io stole all the limelight as Electronic Arts Co-Founder Jeff Burton joins this reputable web3 gaming guild. P2Earn, a web3 gaming guild, intends to provide players with an online platform, tools, and access to video game NFTs in exchange for a portion of their winnings. According to reports, the platform will go live on the Polygon Ethereum scaling network by the end of Q2 2023. Jeff Burton confirmed this incredible news in a statement: “I am delighted to join the advisory board of P2Earn, as play-to-earn gaming prepares to go mainstream. However, I believe that the concept of players earning a share of the profits through gameplay is the future.”

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BoomLand - Game Review

BoomLand - Game Review

BoomLand is not actually a game rather it is a decentralized platform where the NFT/Cryptocurrency gamers and the developers of the game will be able to directly interact in order to create a stronger Web3 community of the future. So. the goal is to use the available NFT gaming community towards building a Decentralized Autonomous Organization to further the cause of metaverse and NFT games. This will help create advanced NFT games with better graphics, gameplay, tokenomics, etc. Moreover, the vision of the project is to create a platform of the people, for the people, by the people, that is accessible to everyone. The BoomLand metaverse will consist of many games on the platform using unified collective tokenomics. One of the first games under the platform called “Hunters On-Chain” is receiving positive reviews. Besides, the platform will hold its own Metaverse, tokens, play-to-earn ecosystem, and marketplace. The platform would empower the developers and gamers to earn money through $BOOM and $BGEM tokens. Finally, BoomLand is a promising project of the highly regarded game developers BoomBit 200+ games and with over one billion downloads. This is being dubbed by critics as the future of blockchain gaming.

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Nifty Craft - Game Review

Nifty Craft - Game Review

Nifty Craft, a 2D Sandbox MMORPG, boasts a player-driven economy, gathering resources, crafting items, classless combat, and thrilling PvP battles in real-time. Venture into the extraordinary world of Nifty Craft, a 2D Sandbox MMORPG that revolutionizes the gaming experience. In this realm, players shape the economy, forging every item with their own skilled hands. From the most modest tools to majestic armors and powerful weapons, the crafting prowess of adventurers comes to life within player-built structures, utilizing resources gathered through dedication and expertise. Moreover, the art of commerce thrives as players engage in buying, selling, and trading across vast lands. Nifty Craft offers a classless combat system where your attire defines your skills, granting freedom to switch weapons and armor. Adaptation to any situation becomes seamless, allowing players to refine their abilities with imaginative gear combinations. In a realm of conflicting forces, a king and his kingdom face off against a powerful sorceress on a quest for true love. Once in harmony, she now seeks revenge and freedom for those like her, summoning monsters to aid her cause. The king desires peace and offers rewards for slaying the creatures, while the sorceress entices with sweet premiums for the king's people. As a player, the choice is yours: pick a side, or become a mercenary, pursuing profits alone by fulfilling quests for both factions. In this enthralling tale, the path you take holds no clear right or wrong.

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Dogami - Game Review

Dogami - Game Review

In Dogami, you are tasked with raising a virtual dog NFT from puppyhood to adulthood, parenthood, and eventually the afterlife. The different stages of the game provide a variety of gameplay experiences. Dogami Petaverse and Puppy Phase: The first phase of the game, the Puppy Phase, is similar to other pet simulation TV shows like Nintendogs, Petz, and Little Friends. In this phase, you must feed, care for, train, groom, entertain, and teach your virtual pet. You will be given daily missions and challenges to complete, which will help you strengthen your bond with your pet and assist in its development. As you complete objectives, you will also increase your bonding and boosting levels. The amount of DOGA tokens you receive at the end of each day is based on your bonding and boosting levels, which are tied to the P2E dynamics. It's worth noting that your Bonding Level does not reset every day, so your maximum daily DOGA reward increases gradually over time rather than on a daily basis. Bonding levels in Dogami unlock additional gameplay elements such as features, activities, and consumables, providing a steady stream of new experiences for players. One of the more unique features of the game is the requirement to physically walk a predetermined distance every day with your virtual pet, using augmented reality to see your pet as if it were actually present in the real world. This focus on fitness and health sets Dogami apart from other games in the same genre. As an augmented reality game, Dogami encourages players to go outside and explore the world while completing missions and engaging with their virtual pet. Whether you're training your dog, going on walks, or simply spending quality time together, the bonding activities in Dogami offer a fun and interactive way to stay active and healthy. Whether you're a fan of pet simulation games or just looking for a new way to stay fit and have fun, Dogami is a must-try for players of all ages.

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H2O - Game Review

H2O - Game Review

H2O is a genre of play-and-earn video games that typically involve racing various types of watercrafts such as boats, jet skis, and other aquatic NFT vehicles. It simulates the real-life physics and dynamics of watercraft to provide a realistic racing experience. Players may compete against each other in various game modes, such as time trials, circuit races, or head-to-head races. Water racing games can take place in different types of water environments, including lakes, rivers, oceans, and even fictional settings like futuristic water cities. The game will also feature customization options for players to upgrade and personalize their watercraft. This can include buying and selling boats, unlocking new parts or skins, and upgrading engines or other performance aspects of the vehicle.  Overall, H2O offers players an exciting and fast-paced gaming experience that combines the thrill of high-speed racing with the unique challenges and dynamics of navigating through water environments. Free game mode in H2O usually allows players to explore the game's environment without any specific objectives or goals. It allows players to simply enjoy the game's mechanics and environment, without any pressure or time constraints. The bot system allows the layers to drive test the boats while practicing the maps.  The free game mode could allow players to freely navigate around the water, perform stunts and tricks, or simply enjoy the scenery. It may also allow players to customize their boats or characters, or even create their own tracks or challenges to share with others.

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Gas Hero: Decentralized Strategic Web3 MMO - Game Review

Gas Hero: Decentralized Strategic Web3 MMO - Game Review

Gas Hero is an upcoming MMO developed by the acclaimed Find Satoshi Lab (FSL) team, known for their successful walk-to-earn game Stepn. This new game offers an action-packed battle experience set in a post-apocalyptic world devastated by artificial intelligence. Gas Hero combines elements of strategy, decentralization, and community interaction. To mark its announcement, FSL has launched a user-driven content contest with a substantial prize pool of $431,400. Central to Gas Hero's design is decentralization, evident through in-game community voting, asset trading using the $GMT token, and a decentralized marketplace. Building on the success of Stepn, FSL brings innovation to Gas Hero, creating a Web3 game where players navigate a desolate world, construct virtual bases, and engage in battles with other players. The game places a strong emphasis on community involvement, aiming to create an immersive and interactive gaming environment. The Gas Hero contest represents a transformation in Web3 gaming, involving players in the creative process prior to the game's launch. FSL's approach seeks to expand the game's audience and foster a sense of community within the Web3 domain. The game's backstory is set in a post-apocalyptic world where AI and quantum computing have led to global devastation. Operation Spark, a network of hidden labs, emerges as humanity's hope for survival through cloning technology. From these labs arise the "Gas Heroes," named after the life-giving gas within the sanctuaries. Players navigate hazardous landscapes and engage in battles as they embark on a journey of rebirth and discovery. Gas Hero's gameplay features an automated combat system requiring players to arrange their battle lineup before entering conflicts. Each hero has a unique codename, equipped weapons, and pets. A vertical action bar triggers attacks or special skills, while a horizontal rage bar boosts recharge speed. Hero skills, primary attributes (Attack, Defense, HP, SP, Speed), and tokenomics play crucial roles in battles and strategy. The game's token, $GMT, is integrated into Gas Hero's development and launch. The game introduces a marketplace and empowers players through decentralized decision-making and voting mechanisms. This innovative approach aims to create an engaging and immersive gaming experience within the Web3 framework.

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Striker Manager 3 - Game Review

Striker Manager 3 - Game Review

Enjoy the Nextgen of football manager video games, where the passion for football meets the innovation of web3 technology. Striker Manager 3 is a unique football manager game that offers players a whole new level of gaming experience. The game is designed as a Play to Earn multiplayer game that provides users with the chance to earn rewards while enjoying the fun of traditional online football games. In Striker Manager 3, players own their in-game NFTs assets, which they can trade and evolve for greater rewards. However, as the owner of your assets, you get to take possession of your plot of land in the game's world, where you can build and customize your club, team, and facilities to your liking.

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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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