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

Discover the impact of NFT gaming on the Web3 industry. Learn how it's transforming the gaming world and paving the way for a new era of digital asset ownership.

NFT rebranding is necessary for the mass adoption of Web3 games, Community Gaming CEO Chris Gonsalves shares his thoughts on the matter.

Dimensionals is a blockchain NFT game with free-to-play and play-and-own options made by Mino Games. It is a good addition to the Web3 gaming industry.

Next year, Square Enix will release its first NFT blockchain game. Plans for the future show that Web3 games will still be on its list.

Web3 development is on the rise, and the NFT marketplace is one of the most profitable investments. Check out this easy guide to setting up your own digital collectible marketplace.An NFT marketplace is an online place where people can buy, sell, and trade tokens that can't be used to buy or sell anything else (NFTs). Some well-known NFT marketplaces are OpenSea, SuperRare, Rarible, and Nifty Gateway. These Web3 platforms give you a lot of choices, such as tools for making and minting NFTs, bidding, auctions, and transactions with a set price. Several NFT marketplaces also have social and community tools that let users talk to each other and make NFT communities. The way we think about ownership and collectibles is changing because of NFTs. NFTs have given collectors and creators of art and digital content new ways to invest in these fields and new ways to make money off of their work. Because NFTs are becoming more and more popular, there is a huge need for NFT marketplaces. If you want to build an NFT platform for collectibles, you need to think about essential, premium, and security features. These features can help you get more customers, gain the trust of your users, and keep your system safe from threats.Let's take a look at these important things that your NFT marketplace for collectibles should have: In an NFT marketplace, it is important to have a strong digital asset management system so that NFTs can be stored and handled safely. Each NFT should be guaranteed to be unique and real, and this system should stop anyone from being dishonest.An interface that is easy to use can make your platform more appealing and user-friendly by making it easy for users to find their way around.User accounts must be easy to set up, keep track of, and use so that they can be used to buy and sell collectibles.The market should accept a variety of payment methods, such as PayPal, credit cards, and other payment gateways.Making it easier for people all over the world to do business on your platform can help.

"Unlocking the Future: A Deep Dive into Web3 Gaming and Top Blockchain Networks" is your ultimate guide to the exciting intersection of gaming and blockchain technology. Delve into the dynamic world of Web3 gaming, where players not only play but also earn and truly own their in-game assets. From exploring the top blockchain networks like Binance, Ethereum, and Polygon to discovering the diverse genres of blockchain games, including RPGs, MMORPGs, sports, and casual games, this article covers it all. Learn how blockchain technology is revolutionizing gaming by providing transparency, security, and ownership of virtual assets. Plus, stay updated on the latest play-to-earn gaming news, ensuring you're always ahead of the curve in this rapidly evolving landscape. Whether you're a seasoned gamer, a blockchain enthusiast, or a curious newcomer, "Unlocking the Future" invites you to join the journey into the thrilling world of Web3 gaming.

Embarking on the Web3 journey offers brands an unparalleled opportunity to innovate and connect with their audiences on a deeper level. For those new to blockchain and NFTs, the journey begins with understanding the foundational concepts, akin to learning the rules of a new game. The key to success lies in creating NFTs that provide tangible value to customers, such as exclusive access, unique experiences, or special privileges, thereby fostering a sense of community and loyalty. However, navigating the Web3 space also presents challenges, including technological complexities, regulatory uncertainties, and the potential for market volatility. To mitigate these risks, brands must prioritize transparency, education, and a commitment to security. By adopting a balanced approach that combines innovation with customer-centric values, brands can confidently explore the vast potential of Web3 marketing, setting the stage for a new era of digital engagement and community building.

Decentraland fashion week, Champions Ascension tournament, NFTs making headlines, and Undead Blocks rolling out Play and Earn features in this week's Web3 gaming news. A lot of play to earn and blockchain gaming activity happened earlier this week. Several games like Undead Blocks, Champions Ascension, Decentraland, and more have come up with their updates. Now you can earn ZBUX by killing zombies, play Champions Ascension without a Web3 wallet, and more. We also saw the winner of Dookey Dash Key NFT making millions by auctioning it off. Moreover, we also have a Web3 metaverse fashion week coming up in Decentralnad. Mirandus also has a playtest open for players to test rolling dice. We also saw some big partnerships where Animoca Brands expands to the MENA region and join hands with Manga Productions and more.

In the ever-evolving landscape of Web3 gaming, developers are on a quest to create decentralized applications (dApps) that not only captivate players but also secure a significant place in the competitive market. Achieving success in this innovative arena requires more than just a groundbreaking idea; it demands a strategic approach to development, community engagement, and market fit. Our series of titles guides aspiring and seasoned game developers through the crucial steps of crafting dApps that resonate with the gaming community. From essential development tips and strategies to insider secrets for building engaging and successful Web3 games, these insights offer a comprehensive roadmap. Whether you're transitioning from gamer to creator, or you're looking to elevate your existing game dApp, our focused titles provide the knowledge and tools necessary to navigate the challenges of Web3 gaming, ensuring your project not only launches successfully but thrives in this dynamic ecosystem.

The Funding is for Lowlife Forms, their Debut Blockchain game, and Web3 Game-verse platform VitalXP raises $3M in funds for its debut blockchain NFT game Lowlife Forms, it also plans to utilize funding for its Web3 game-verse platform. VitalXP has raised an extra 3 million dollars in pre-seed financing. The funding came for an action-packed gameverse platform and its debut game, Lowlife Forms. This huge funding, led by Streamlined Ventures and Marbruck Investments, demonstrated how people are still trusting Web3-based games, despite a cryptocurrency crash and challenging circumstances in the blockchain industry. The Round also shows that Web3 games and projects are still getting the funding and attention of investors. Lowlife Forms is set in a gritty yet amusing science-fantasy universe, populated by alien smugglers. The universe has droid bounty hunters, mercenaries, scam artists, and psychotic crime lords. The story resides at the nexus of mysterious shamanistic magic and alien technology.Tarik Malak, creative director for Lowlife Forms, explains how they are starting from the roots, all the way up. That includes the community, helping the players and fans to be part of the experience from day one. The game’s story and development are kind of open-ended, meaning it will develop along the way with the experience of all the factors involved.

Sony Game Developers and Ex-EA Developers Comprise Avalon Corp TeamAvalon Corp.'s Digital Universe receives $13 million in funding to launch an AAA project in the Web3, metaverse, and blockchain gamingThe world is molding itself towards the crypto universe for investments as well as the future. Big companies are getting interested in blockchain and metaverse or AAA multiverse and looking for different ways to be a part of it. In a similar effort, Bitkraft Ventures has raised $13 million in funding along with other companies to fund Avalon Corp, a Web3 gaming startup working on Avalon universe. The companies included are Hashed, Delphi Digital, Mechanism Capital, Coinbase Ventures, and others. The round also received funding from some angel investors, including former Microsoft executive Charlie Songhurst and Twitch co-founder Kevin Lin.The big news is their team of developers, has worked in huge tech companies like Electronic Arts, Microsoft, Blizzard, and Sony. The studio's first game will be Avalon, which runs on Unreal Engine 5 and has some MMO and Web3 metaverse elements. However, CEO of Avalon Corp Sean Pinnock and Chief Product Officer Jeffrey Butler told Decrypt in an interview that they don't perceive Avalon as a metaverse. The main reason for the reluctance is how the term has been taken and misapplied in the digital world.Butler remarked of the term "metaverse" that "everyone's kind of leaping onto this word and just pounding the poor word to death," adding that practically every big brand, whether they be a fast food chain or fashion industry, has somehow associated themselves with the creation of their own metaverse.

After selling the Dookey Dash Key NFT, Mongraal, the winner of Yuga Labs' Dookey Dash NFT game competition, received 1000 ETH.

Companies involved in blockchain and cryptocurrencies are thinking about changing the names of concepts like crypto, NFT, blockchain, Web3. Web3, Blockchain and NFT Projects are urging to Stop Calling it Crypto as it has become “Old school."Big companies are abandoning terms like NFTs and Web3, partly due to the bad name and bear market. Words and names have had huge importance in commerce and the economy since the inception of the crypto market. There was a time when companies used to add the “blockchain” word to their names and would see their valuations skyrocket. But now these terms have turned into toxic words, and people are trying to distance themselves from them. If you are looking for NFTs on social media, you will have to search for “digital collectibles” instead of NFTs; otherwise, you might never find one.Brynly Llyr, head of blockchain and digital assets of the World Economic Forum, recently suggested that the crypto market should renounce old names. And instead, rebrand itself as “decentralized systems.” If you think about it, it’s not that bad of an idea at all, as these terms and jargon have turned into a safe haven for all the digital pirates. A big Bitcoin mining company, known as Riot Blockchain, has recently rebranded itself and is now called Riot Platforms. Sounds funny, right?

Yield Guild Games (YGG) is pioneering the intersection of blockchain technology and gaming, marking a significant evolution in the digital world. This innovative platform transforms the traditional gaming experience by leveraging the play-to-earn model, where players are not just participants but also stakeholders in a decentralized ecosystem. YGG provides gamers with opportunities to earn through blockchain-based games, fostering a community where skills, participation, and contributions are valued and rewarded. By offering access to a wide range of games and digital assets, YGG is not just a gaming guild; it's a gateway to financial empowerment and a deeper understanding of Web3 technologies. Its unique approach includes the use of NFTs to represent membership and achievements, creating a transparent and verifiable digital identity for its members. YGG is at the forefront of creating sustainable gaming economies, promoting inclusivity, and shaping the future of gaming in the Web3 era.

The Appchain thesis offers distinctive solutions to two of the most significant issues faced by Web3 and blockchain gaming developers. Learn more.

Get fun and rewards with our top 500 play-to-earn games 2024! Play exciting game titles that offer in-game assets like NFTs and Cryptos. Set out on a gaming adventure with our hand-picked list of the Top 10 Play-to-Earn Games! If you're sick of traditional games that give you little in return, these titles will change your gaming experience. Immerse yourself in a world where every moment of enjoyment is accompanied by valuable in-game rewards. Whether you're a seasoned gamer or just getting started, these Play-to-Earn games offer an exciting blend of entertainment and monetary rewards. From strategic challenges to immersive simulations, each title on our list provides a distinct blend of gameplay and the chance to earn rewards while having fun. Don't pass up the opportunity to improve your gaming experience—explore our Play-to-Earn games and discover a new level of excitement where every move you make counts toward both enjoyment and valuable in-game prizes. It's time to change your game and reap the benefits!