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

GameStop NFT to launch 20000 NFTs in its inaugural collection in a partnership with Illuvium. It will also promote GameStop's NFT Marketplace. GameStop made news again when they announced a strategic partnership with Illuvium, an Ethereum-based platform, to change the way NFTs are promoted and used. A store called GameStop, which sells consumer goods, will show off a collection of 20,000 NFTs on June 12. GameStop and Illuvium have worked together on other web3 projects before. Last year, both companies worked together to start a $100 million joint grant program to help web3 creators in a way that had never been done before.

Over the past week, the Web3 gaming scene has witnessed numerous intriguing developments. The Gamesbeat Summit 2023 concluded with accolades recognizing innovative ideas and emerging talent. Gala Games has officially launched GRIT, a Western-themed battle royale game, and concurrently burned a significant number of tokens, emphasizing its commitment to stability. The Eternal Dragons game introduced a novel gameplay feature called Void Affinity, adding depth to strategic gameplay.Meanwhile, Illuvium Zero commenced its Alpha Season, allowing players to gather rewards, blueprint items, and participate in the Illuvial Biodata ecosystem. Gods Unchained unveiled its 2023 roadmap, outlining plans for various enhancements, new game modes, improved player experiences, and a mobile app release. Additionally, Openfort secured $3 million in funding to advance its "wallet-as-a-service" software for streamlined crypto transactions in gaming.Gala Games' GRIT Launches: Gala Games introduced the game GRIT, offering players a unique Western-themed battle royale experience. The game features Gunslingers, a collection of 10,000 NFT characters that players can use in-game. GALA tokens are used for rewards, and a Battle Pass system grants access to special items and potential future updates such as leaderboards and tournaments.Gamesbeat Summit 2023 Highlights: The Gamesbeat Summit 2023 showcased the adaptability of the gaming industry, featuring discussions on AI, novel business models, and Web3 profit avenues. The event included exhibitions, talks, Q&A sessions, and award presentations. Rich Vogel received the Up-and-Comer Award, and Meggan Scavio was honored with the Visionary Award, recognizing contributions to Web3 gaming and outstanding vision.Gala Games' Token Burn: To alleviate concerns and enhance tokenomics stability, Gala Games executed a substantial token burn, consuming approximately $637 million worth of GALA tokens, nearly 21 billion in total. This move followed Gala Games' intentions to bolster the ecosystem through token reduction and address potential risks.Openfort's Funding and Vision: Openfort secured $3 million in seed funding to advance its wallet technology aimed at simplifying cryptocurrency transactions for game developers and publishers. The company's focus on reducing user interaction with blockchain and incorporating unique experiences based on user behavior garnered investor interest.Illuvium Zero Alpha Season Launch: Illuvium Zero's Alpha Season launch allowed players to engage in gameplay, collect Illuvial Biodata, and obtain blueprints that can be minted for future use. The update included Alpha 2.0 improvements and encouraged players to build bases, gather resources, and participate in minting.Gods Unchained Roadmap for 2023: Gods Unchained revealed its 2023 roadmap, outlining plans for new game modes, improved player experiences, a mobile app launch, and various enhancements. The roadmap reflects the game's positive trajectory and is accompanied by interactive sessions for players to learn more.Eternal Dragons' Void Affinity: Eternal Dragons introduced Void Affinity, expanding its roster of in-game associations. This addition enhances strategic gameplay by allowing players to disrupt opponents' plans and alter the course of battles using Void Affinity mechanics.These updates merely scratch the surface of the bustling Web3 gaming industry, with ongoing innovations continuously shaping the landscape.

In the world of Illuvium, you're about to go on an amazing journey. The highly anticipated Web3 game is getting ready for its upcoming secret beta test, and trust us when we say you won't want to miss this chance! As the game's second beta test, this round will focus on the exciting new Overworld areas, which will add a whole new level of fun to the game. But there's more! The team has been working hard, so you can look forward to a lot of new Illuvials and exciting changes to the Arena Survival Mode. By becoming a beta tester, you'll get early entry to the game and be able to try it out for yourself before anyone else. This means you'll have the chance to give feedback that will help improve the game and make sure it's good before it's released to the public. If you've been lucky enough to take part in private betas in the past, you don't need to worry. As a thank-you for your continued support, you will instantly get access to the Private Beta 2 Overworld.

Blockchain gaming industry is making continuous progress and the year 2023 and 2024 will see AAA blockchain games rolling out soon. Some of the promising names that will surely disrupt the gaming industry are Bluelight, Shrapnel, Illuvium, Star Atlas, Portal Fantasy, Deadrop, and more.The blockchain gaming industry has experienced rapid growth and is continuously evolving as more and more people are getting hooked to new gaming concepts. The development of web 3.0 has caused a revolutionary transformation in the game business. This transformation has been greatly aided by technology, which has helped the sector expand and become a multibillion-dollar business. Developers, gamers, and businesses all have new potential thanks to this new technology. These games are projected to increase in popularity and realism by 2023 as more game producers and players adopt blockchain technology. In 2022, blockchain gaming claimed $4.6 billion net worth. It is predicted to reach a volume of $65.7 billion in the next five years.

A recent investigation by GA Meta shows a probable market manipulation by Immutable X for Gods Unchained, Illuvium, and Blocklords.

Illuvium announces yet another mega project in its interoperable blockchain games. This time it is Illuvium: Beyond which will feature a customizable NFT adventure. These customizable NFTs are Illuvitars and their launch window is March 7. So get ready to start assembling your unique Illuvitar NFTs using rare elements.

2023's Hottest Blockchain Games: Unlock the Future of Gaming and Investments. Play-to-Earn Altcoins: The Future of Gaming & Investments

The most awaited top 5 NFT games 2023!With Axie Infinity’s massive popularity, play-to-earn games are gaining healthy momentum. The play-to-earn business model is now in the limelight of the gaming industry. Several play-to-earn blockchain-based games are in line and will get rolled out soon. Check out five of the most anticipated NFT games coming up.