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

Nolan Bushnell, widely known as the "godfather of video games," has had a profound impact on the gaming and entertainment industries throughout his career. Currently serving as the Chief Knowledge Officer at Moxy, a blockchain-based esports company, Bushnell offers his visionary insights into the convergence of blockchain technology, gaming, and the broader cryptocurrency landscape in a recent interview.Traditionally, cryptocurrency and nonfungible tokens (NFTs) faced skepticism from the gaming community. Bushnell attributes this skepticism to the rapid rise of play-to-earn games, which were among the earliest adopters of blockchain technology. These blockchain-based games introduced a unique feature: players could accumulate digital assets and earn money within the game by trading NFTs.According to Bushnell, the disdain for cryptocurrencies among traditional gamers stems from the mechanics of play-to-earn games. He argues that dedicated gamers value fun over monotonous grinding, a gameplay element present in many play-to-earn games. In his words, "What gamers want is fun, and unfortunately, these play-to-earn games are 100% dependent on the greater fool theory to work." The greater fool theory suggests that the success of play-to-earn games relies on attracting new participants willing to invest money, which in turn benefits earlier participants, raising concerns about the long-term sustainability of such ecosystems.Bushnell's illustrious career spans a wide array of groundbreaking projects and adventures that have left an indelible mark on the world. While he is often referred to as the "father of video games" for his role in founding Atari, his contributions extend beyond gaming. He was instrumental in launching Chuck E. Cheese, a popular American restaurant chain that combines entertainment and dining. Furthermore, Bushnell is credited with hiring Steve Jobs, the visionary co-founder of Apple Inc., during Jobs' early career.Given his extensive experience, Bushnell's insights into the synergy between blockchain and gaming carry significant weight. He believes that blockchain technology is poised to bring about a transformative shift in the gaming industry.Bushnell identifies three fundamental pillars of blockchain's impact on gaming. First and foremost, he emphasizes the ability of blockchain to facilitate secure and seamless transactions within the gaming ecosystem. He notes, "We want to make gaming a place where people can compete, and to have good competition, you need to be able to easily and securely transfer funds." This addresses a critical issue in the gaming world—ensuring the safe transfer of digital assets and in-game currencies.The second pillar centers on the utility of smart contracts. Bushnell contends that smart contracts can revolutionize not only gaming but also various interpersonal agreements. He explains, "So much of what we do in life is build relationships and then decide how they will work." Smart contracts, which autonomously execute agreements without the need for trust, have the potential to reshape player interactions and interactions with game developers.The third pillar concerns the secure storage of digital asset values, such as cryptocurrencies and tokens, on the blockchain. The safety and decentralization inherent in blockchain technology instill trust and transparency that conventional gaming platforms often lack.Bushnell's personal journey into the realm of cryptocurrencies underscores the transformative potential of blockchain technology. Initially introduced to cryptocurrencies by Brock Pierce, a key figure in the creation of Tether, Bushnell paid little attention to this emerging digital asset when Bitcoin was valued at around $50. However, like many worldwide, his interest grew significantly as he witnessed the astronomical rise in Bitcoin's price. This surge prompted him to delve deeper into the world of blockchain and cryptocurrencies, recognizing their broader implications.Discussing his approach to cryptocurrencies, Bushnell acknowledges the inherent price volatility in the crypto market. He highlights the power of collective perception of value, asserting that "Anytime humans are capable of sharing a perception of value en masse, we're usually in the clear." In essence, he recognizes the potential for cryptocurrencies to reshape traditional financial paradigms through a shared understanding of their value.

The world of cryptocurrency and Web3 gaming is a rapidly evolving landscape where innovative opportunities for passive income are emerging. Staking, a concept that can seem complex at first, plays a pivotal role in this ecosystem by allowing individuals to profit from holding specific cryptocurrencies. This blog explores the exciting concept of Web3 gaming and how staking rewards are being integrated into games like LandRocker to enable players to earn more money.In 2022, the cryptocurrency market witnessed over $20 billion in transactions on the Ethereum network alone, with additional billions on networks like Solana, Cardano, and BNB Chain. What makes this market even more appealing is the ability to invest in a "staking" account and passively accumulate cryptocurrencies over time. The concept of crypto staking, which has gained popularity in the digital realm, has now made its way into the Web3 gaming industry. As this industry continues to expand, it is constantly searching for ways to enhance the player experience. The synergy between players earning more money and the overall improvement of the gaming experience creates a win-win situation.The Surge of Staking in the Crypto World:Blockchain technology relies on a consensus mechanism to validate transactions. The initial approach, known as Proof-of-Work (PoW), was resource-intensive and led to inefficiencies on most blockchain networks. Proof-of-Stake (PoS) emerged as an alternative mechanism for verifying transactions, wherein users are randomly selected to validate blocks, forming a subset of validators.PoS is more efficient than PoW, but it requires a significant number of users to participate in staking or provide liquidity to the network. Cryptocurrency exchanges have introduced staking pools to facilitate user participation in staking. In exchange for locking their cryptocurrency holdings and helping secure the network, users receive passive income in the form of regular deposits.Even if users do not intend to sell their cryptocurrencies, they can still benefit by participating in staking, earning attractive returns. This is evidenced by the billions of dollars' worth of crypto assets that are staked annually, underscoring the popularity of this passive income method.Staking for New Web3 Gamers:Despite the potential rewards, many individuals remain unfamiliar with staking due to its perceived risks and complexity, which presents a barrier to its integration into the Web3 gaming ecosystem. Some may be intimidated by the intricacies of cryptocurrency trading, and even members of the Web3 community may lack the necessary knowledge of using cryptocurrency exchanges.To address this challenge, Web3 gaming developers are working to seamlessly integrate betting mechanisms into their games. This approach allows players to engage in cryptocurrency-related activities without the need to learn a new system or navigate the complexities of crypto trading. Users can bet on in-game assets, such as LRT (LandRocker Tokens), to obtain additional in-game benefits, better tools, or to contribute to liquidity pools for passive income.By making staking a natural part of the gaming experience, Web3 gaming platforms are lowering the entry barriers for players who want to earn money or simply enjoy playing "play-to-earn" (P2E) games. This in-game betting model showcases the viability of cryptocurrency trading within the Web3 gaming ecosystem. Staking in Web3 gaming, as exemplified by LandRocker, is not an afterthought but an integral component designed to enhance user engagement.Final Word:Web3 gaming presents an exciting opportunity for players to interact with cryptocurrency processes without the need to navigate the complexities of the broader cryptocurrency ecosystem. By seamlessly integrating staking into fundamental gameplay loops, users can maximize their engagement within these ecosystems while pursuing various objectives based on their preferences.The expansive world offered by LandRocker is a testament to the potential synergy between gamers and crypto enthusiasts in the Web3 gaming space. As the Web3 gaming industry continues to evolve, it is likely that more innovative approaches to staking and earning through gaming will emerge, further bridging the gap between the gaming and cryptocurrency worlds.

Ancient8 Chain on Ethereum Layer 2 has officially launched, marking a significant milestone in the gaming and blockchain industries. Developed by Ancient8.gg, this platform is poised to revolutionize Web3 gaming by offering a seamless and cost-effective gaming experience. Its mission is to drive the adoption of decentralized gaming worldwide and attract the next 100 million Web3 citizens.Ancient8 Chain leverages the power of the Optimism Superchain and OP Stack Layer 2 technology, seamlessly integrating with Ethereum without requiring any code changes. This breakthrough infrastructure provides game developers with unprecedented access to features while significantly reducing costs, addressing a major challenge in Web3 gaming.Scalability and throughput are major advantages of Ancient8 Chain. By combining OP Stack and Optimistic Rollups, it overcomes the limitations of the Ethereum mainnet, enabling a higher volume of transactions and eliminating bottlenecks and delays that often hinder user experiences in Web3 gaming. This scalability is pivotal in making blockchain gaming more popular and sustainable.The compatibility of OP Stack with the Ethereum Virtual Machine (EVM) simplifies the transition for developers, allowing them to migrate code and infrastructure from Ethereum seamlessly. The cost-effective rollup architecture enhances user accessibility, fosters interoperability, and encourages collaboration within the blockchain community.Ancient8.gg operates on a community-driven approach, where inclusivity and cooperation are paramount. The Ancient8 Collective comprises core partners and thought leaders in Web3 gaming, united in building the Ancient8 Chain ecosystem. This collective approach underscores the platform's commitment to creating tools that empower game developers to create immersive, scalable, and affordable blockchain games.The Ancient8 Chain's cost-effectiveness distinguishes it as a game-changer for Web3 game developers seeking innovative solutions. By enabling developers to harness Ethereum's strengths without altering their code, it promotes the creation of enjoyable gaming experiences.The introduction of the Ancient8 Foundation represents a significant step towards decentralization, emphasizing community participation and governance. This shift ensures fair resource allocation, providing developers with an equal footing for creativity and innovation while addressing resource disparities.Ancient8.gg actively supports games and protocols contributing to the growth of the Ancient8 Chain, both financially and within the ecosystem. This support fosters collaboration, innovation, and the overall enhancement of Web3 gaming.The launch of Ancient8.gg marks a pivotal moment in the world of Web3 gaming, as Ancient8 Chain reshapes how people engage with games through its global reach and robust technological foundation. Its emphasis on scalability, openness, and community-driven innovation propels Web3 gaming forward, unlocking the full potential of blockchain technology.Ancient8 Chain embodies the dedication of the Ancient8 Collective and their unwavering vision to lead the blockchain revolution while providing users and developers with the necessary tools to play a crucial role in this groundbreaking journey. Ancient8.gg is undeniably a trailblazer in game development innovation, built on principles of unity, innovation, and the creation of a decentralized and vibrant gaming Metaverse.

In the ever-evolving realm of play-to-earn gaming, innovation reigns supreme, and yesterday saw five monumental developments that sent shockwaves through the industry. Enjin, Ancient8, BNB Chain, Spider Tanks Arena, Alien Worlds, and Colonize Mars all took center stage with groundbreaking announcements. From Enjin's revolutionary blockchain to Ancient8's Layer 2 solution, opBNB's game-changing launch, Spider Tanks Arena's user experience overhaul, and the cosmic collaboration between Alien Worlds and Colonize Mars, these developments are driving the play-to-earn revolution forward at a breathtaking pace. Let's delve into the details of these game-changing moments.1. Enjin Blockchain Revolution: Enjin's new blockchain, built on Substrate, is a game-changer. It incorporates asset management directly into the blockchain, eliminating the need for smart contracts. "Fuel Tanks" and "Discrete Accounts" streamline user experience. Integration with Efinity is set to make Enjin a NFT creation hub, propelling Web3 gaming forward.2. Ancient8's Layer 2 Solution: Ancient8, a prominent gaming guild, unveiled Ancient8 Chain, an Ethereum Layer 2 solution powered by Optimism's Superchain. It addresses scalability and transaction cost issues, while the Ancient8 Foundation ensures decentralized governance. Protocols like Space3 and Dojo Launchpad signal global expansion plans.3. BNB Chain's opBNB: BNB Chain launched opBNB, a Layer 2 network, boasting incredible transaction speeds of 4,000 TPS, outclassing Ethereum's 17 TPS. Robust security features and enticing airdrop incentives are in the pipeline, setting new standards for the BNB ecosystem.4. Spider Tanks Arena Upgrade: Spider Tanks Arena's Patch 1.4 enhances the user experience with revamped Drop Pods, real-time statistics, improved reporting tools, and a Freecam feature for immersive spectator engagement. Gala Games continues to prioritize user satisfaction.5. Cosmic Salvagers Unites Alien Worlds and Colonize Mars: "Cosmic Salvagers," a collaborative mini-game contest between Alien Worlds and Colonize Mars, offers rare NFTs and TLM tokens as prizes. Entry is exclusive, requiring specific NFT blends. The contest, starting on September 25th, promises thrilling adventures on Mars.These developments underscore the rapid evolution and boundless opportunities in the play-to-earn gaming sector. Brace yourself for a transformed gaming landscape that's advancing at an unprecedented pace.

Gods Unchained is a pioneering web3-based card game that has been making significant waves in the world of blockchain technology, cryptocurrencies, and NFTs (Non-Fungible Tokens). With the recent introduction of 'Sealed Mode,' this crypto card game is poised to take the gaming and NFT communities by storm. At its core, Gods Unchained is a prime example of the 'play-to-earn' concept, fusing blockchain technology, NFTs, and traditional card gaming to create an ecosystem where players not only experience immersive gameplay but also earn valuable digital assets in the process.One of the fundamental aspects of Gods Unchained is its operation on the Ethereum blockchain, utilizing NFTs to represent each card within its extensive collection. This means that every card in the game is a unique digital asset with intrinsic value, granting players true ownership over these assets. This sets it apart from traditional digital card games, where players typically do not have genuine ownership of their in-game cards. In Gods Unchained, players can buy, sell, and trade their NFT cards on the Immutable X Marketplace, unlocking new dimensions of value and ownership in the gaming world.The driving force behind Gods Unchained is a team led by Nick Clay, a former director of the renowned Magic: The Gathering Arena. Nick Clay's expertise in game design, balance, and player engagement is instrumental in the success and innovation of Gods Unchained, setting high expectations for the game's future.The introduction of 'Sealed Mode' within Gods Unchained is a game-changer. This new format has the potential to revolutionize the digital card game industry by bringing the popular 'sealed deck' tournament format from traditional card games like Magic: The Gathering into the digital realm. Sealed Mode in Gods Unchained operates as follows:Entry Fee: Players interested in Sealed Mode must pay an entry fee of 15 Gods Unchained (GODS) tokens, which is roughly valued at $2.65.Random Card Selection: Upon entry, each player is provided with a random selection of three gods, from which they must choose one to build their deck around.Card Pool: Players also receive 60 random cards drawn from various Gods Unchained card sets, including Etherbots, Mortal Judgement, Winter Wanderlands, and more.Deck Building: Players are tasked with constructing a minimum 30-card deck exclusively from the cards provided in their sealed pool. They cannot use cards from their personal collection in Sealed Mode.Gameplay and Rewards: In Sealed Mode, players compete until they either lose three matches or win seven. Rewards are based on a player's performance, with better records yielding greater rewards.Cosmetic Rewards:Additionally, players who achieve four or more wins can exclusively obtain cosmetic rewards through Sealed Mode, creating an incentive for players to excel in the tournament.The introduction of NFTs into traditional gaming formats, as exemplified by Sealed Mode in Gods Unchained, showcases the transformative potential of NFTs in the gaming world. On the Immutable X network, which is a layer-2 solution built on top of the Ethereum blockchain, each player's sealed pool represents a non-fungible token for every card. This means that every card is a unique, tradable digital asset with real-world value.This innovative move by Gods Unchained disrupts the traditional gaming industry, where players typically invest time and money into games without any tangible ownership of their in-game assets. By allowing players to genuinely own, trade, and profit from their digital card collections, Gods Unchained redefines the rules of the game.Furthermore, Immutable X, the platform on which Gods Unchained operates, has been actively working on scaling solutions to enhance the gaming experience. They recently unveiled a wallet application called 'Passport,' aimed at simplifying the login process for gamers and improving the user experience. Additionally, Immutable X introduced its zkEVM (Zero-Knowledge Ethereum Virtual Machine) testnet to scale Ethereum for video game players. This move ensures smooth and efficient gameplay while reducing network congestion and lowering gas fees.In conclusion, Gods Unchained's Sealed Mode exemplifies the game's commitment to innovation and player empowerment. Through the play-to-earn model, NFT utilization, and the introduction of engaging gameplay formats like Sealed Mode, Gods Unchained is reshaping the digital card gaming landscape, offering players both an immersive gaming experience and genuine ownership of their in-game assets, while pushing the boundaries of what is possible in the world of blockchain gaming.

BNB Chain is on a mission to reach one billion users in the realm of Web3 and blockchain gaming. As a prominent player in the world of Web3, BNB Chain is making significant strides, particularly in the field of blockchain gaming. The platform envisions creating an ecosystem for the next billion Web3 users by leveraging decentralized technologies and promoting interoperability. This ambitious goal aims to enhance users' gaming experiences and streamline transactions.Web3 gaming, or blockchain gaming, has gained popularity by integrating blockchain technology into video games. BNB Chain recognizes the vast potential of Web3 gaming and has made it a central focus of its development efforts, aiming to revolutionize the gaming industry by offering players innovative and improved gaming experiences.One key aspect of Web3 gaming is the concept of true ownership within games. Through Non-Fungible Tokens (NFTs), players can buy, sell, and trade unique virtual items that they have full control over. This paradigm shift empowers players and creates new avenues for monetizing gaming skills and assets. Additionally, blockchain technology ensures secure, transparent, and immutable transactions, reducing the risk of fraud and fostering trust among players and developers.BNB Chain's commitment to Web3 gaming is evident in its user-centric approach, emphasizing an improved user journey. Notably, the platform has shifted away from mandatory blockchain wallet connections, instead opting for social logins that link users' social identities to wallets. This approach simplifies asset management and empowers users to make decisions about their assets independently.In its pursuit of Web3 gaming excellence, BNB Chain places a strong emphasis on supporting developers. The platform aims to provide developers with a robust infrastructure for building Web3 applications. An essential addition to BNB Chain's ecosystem is BNB Greenfield, a decentralized storage platform designed to transform data ownership and management. BNB Greenfield complements BNB Smart Chain (BSC) seamlessly, offering a decentralized approach to data management.BNB Greenfield addresses one of the most significant challenges facing blockchain platforms: scalability. It distinguishes itself from other decentralized storage services by offering easy scalability, smooth cloud integration, and compatibility with both Web2 and Web3 standards. Integration with BSC and the Ethereum Virtual Machine (EVM) environment sets BNB Greenfield apart, utilizing Optimistic Rollups to achieve scalability.Optimistic Rollups is a scalability solution that optimizes main blockchain computing resources by running transactions off-chain and posting only transaction data on-chain. BNB Chain has harnessed this concept in the creation of opBNB, a game-changing solution that enhances the user experience on BSC. opBNB operates as a layer 2 chain integrated with the Ethereum Virtual Machine (EVM) and built on the Optimism OP Stack.Notably, opBNB can increase the gas limit to an impressive 100 million, a substantial improvement over Optimism's 30 million. This enhanced gas limit allows opBNB to handle over 4,000 transfer transactions per second, significantly boosting transaction throughput. Despite its high throughput, the average cost of a transaction on opBNB remains cost-effective at less than $0.005 USD. By employing Optimistic Rollups, computation and state storage are moved off-chain, reducing congestion and lowering transaction costs, making opBNB an efficient solution for users and developers alike.

Saudi Arabia is undergoing a remarkable transformation driven by the convergence of Web3 technologies and its forward-thinking Vision 2030 initiative, aimed at diversifying the nation's economy beyond oil dependency. To achieve this, the country is actively embracing emerging technologies, particularly focusing on Web3 innovations such as blockchain and artificial intelligence (AI), as well as venturing into the gaming industry to foster economic growth and global influence.Vision 2030 and Web3 Interest:Saudi Arabia's Vision 2030 is a comprehensive plan designed to diversify the economy and reduce dependence on oil.The nation is embracing Web3 technologies due to its young and tech-savvy population, coupled with a strong gaming culture.The Boston Consulting Group reports that Saudi Arabia contributes 45% of the Middle East's gaming industry, valued at over $1.8 billion, highlighting its potential as a gaming powerhouse.In 2017, the Saudi E-sports Federation was established to regulate and grow the gaming industry.Saudi Arabia's Investments in Web3 Gaming:The Public Investment Fund of Saudi Arabia committed a substantial $38 billion to the gaming sector, signaling its intent to become a global gaming hub.However, challenges remain, including the absence of clear regulations governing cryptocurrencies and virtual assets, hindering the integration of Web3 technologies.Learning and Collaboration:Saudi Arabia actively seeks expertise from other areas to learn about best practices and strategies for Web3 adoption.Industry leaders, such as Yat Siu of Animoca Brands and John Linden of Mythical Games, acknowledge the gradual adoption of Web3 within the gaming sector.The Path to Web3 Mass Adoption:Transitioning from Web2 to Web3 involves more than providing digital wallets; it requires financial literacy and an understanding of digital assets.Users must comprehend the value and utility of their digital assets and participate in network effects to maximize their worth.The Future of Web3 Gaming in Saudi Arabia:The Web3 gaming sector holds great promise, with Saudi Arabia expected to play a significant role in its evolution.John Linden predicts that the Web3 gaming segment could onboard 50 to 100 million players in the next two years.Mythical Games aims to reach 10 million players for its titles by the end of 2023.Clear regulations for cryptocurrencies and virtual assets are crucial for fostering innovation and growth within the Web3 gaming landscape in Saudi Arabia.

Planetarium Labs made a groundbreaking debut at Korean Blockchain Week by unveiling two revolutionary role-playing games, Verse8 and Immortal Rising 2. These games are poised to redefine game development and player experiences. Verse8, created with the guidance of Jake Song, the CEO of XLGames and the mind behind the Lineage series, stands out as an open-source decentralized roguelike RPG protocol, emphasizing decentralization and open content creation. It fosters a thriving multiplayer world where players become creators, shaping their virtual realms.Verse8's unique multiverse concept allows players not only to explore but also to construct their virtual worlds, offering powerful tools for content creation and monetization. Community hubs facilitate collaboration among creators and enhance engagement. Immortal Rising 2, a sequel to the highly successful Immortal Rising 1, retains its fast-paced gameplay and introduces innovative Web3 elements, ensuring a stable in-game economy and dynamic guild warfare.Planetarium Labs, known for its success with Nine Chronicles, a fully on-chain idle RPG game, seeks to revolutionize the gaming industry by incorporating blockchain technology and reducing centralization. Their choice of Libplanet blockchain technology underscores their commitment to this vision. Alan Lau, Chief Business Officer of Animoca Brands, the parent company of Planetarium Labs, anticipates the impact of Web3 gaming, highlighting Immortal Rising 2 as a testament to their passion, creativity, and teamwork in shaping the future of blockchain gaming. This move signifies the potential for Web3 gaming to transform the industry.

Mystic Moose, a prominent video game developer, has launched the "Planet Mojo Marketplace" powered by the Polygon blockchain, aiming to create a centralized hub for Mojo Melee players. This update promises faster service and lower transaction costs for players in the Mojo Melee virtual world, just in time for holiday-themed events and trades between Champions and Mojos.The Planet Mojo Marketplace enables players to trade Mojo Melee NFTs on the Polygon blockchain, offering a seamless experience with support for Sequence Wallet, Horizon Blockchain Game's infrastructure, quick credit card transactions, and multi-chain compatibility within the EVM ecosystem. This release coincides with the Fall Faceoff competition, where top players have the chance to win rare NFTs, gem packs, and other rewards.Additionally, Mystic Moose's collaboration with Amazon Prime Gaming intensifies, with Amazon showing its commitment to Web3 technology and blockchain-based games. Amazon's involvement with NFT projects, including its own upcoming NFT initiative, reflects the company's dedication to interactive storytelling and empowering players.Mojo Melee, an auto-battler game similar to Auto Chess and Teamfight Tactics, offers Amazon Prime members a free NFT and in-game currency, further strengthening the partnership between Mystic Moose and Amazon Prime. Players can claim exclusive rewards until September 27.Mystic Moose, composed of industry veterans with backgrounds in major gaming companies, is dedicated to developing the Planet Mojo metaverse platform, offering esports and PvP competitions set on an otherworldly planet. Players can create teams of mythical animals to compete, emphasizing player control over virtual possessions and the game's evolution.In summary, Mystic Moose's Planet Mojo Marketplace enhances the player experience with NFT trading, while ongoing collaborations with Amazon Prime Gaming provide exclusive benefits to players. Mystic Moose remains at the forefront of the evolving game industry, focusing on immersive and player-centric experiences.

Gala Games, the prominent blockchain and web3 gaming ecosystem, is currently embroiled in a significant internal dispute that has sent shockwaves throughout the industry. The conflict involves top management, including CEO Eric Shiermeyer and co-founder Wright Thurston, who are facing accusations of misconduct.The dispute came to light when Eric Shiermeyer, representing Gala Games, filed a lawsuit against Wright Thurston in a Utah District Court. Shiermeyer alleges that Thurston, with the assistance of his investment firm, True North United Investments, orchestrated the theft of approximately $130 million worth of GALA tokens in Q1 2021. Thurston allegedly conducted complex transactions that moved the tokens from a secure wallet to 43 different wallets. When confronted, Thurston initially claimed the tokens were safe, but he subsequently engaged in a series of intricate transactions, including sales and exchanges, from September 2022 to May 2023.Moreover, Thurston is accused of acquiring licenses necessary to operate Gala ecosystem nodes without payment and subsequently selling these licenses for personal gain.In retaliation, Thurston's company, True North, filed a countersuit against Schiermeyer on Gala's behalf. This countersuit accuses Schiermeyer of mismanagement, causing Gala to sell and waste valuable company assets, and borrowing millions from Gala for personal expenditures. It also alleges that Schiermeyer set up Gala companies in Switzerland and Dubai without consulting Thurston, despite Thurston being a director of Gala. True North claims that Schiermeyer provided Thurston with incomplete or incorrect business records when requested.Both leaders are seeking each other's removal from Gala Games, along with various forms of relief and the return of GALA tokens. Thurston is additionally suing for at least $750 million in damages and other relief.The lawsuit has shed light on Thurston's troubled history, including involvement in businesses with legal and financial issues, as well as past disputes with the Securities and Exchange Commission (SEC). These factors have raised questions about Thurston's business ethics and practices.Gala Games, known for hosting popular games like Champions Arena, Grit, Spider Tanks, and Mirandus, relies heavily on the GALA token for its in-game economy. However, GALA's value has plummeted by 72% since January, largely due to broader market trends affecting cryptocurrencies like Bitcoin and Ethereum. The ongoing legal disputes have added a layer of uncertainty to Gala Games' future, causing concerns among investors and stakeholders about its stability and plans.

With the release of Web3 games, the gaming industry has been on the verge of a big change. The use of blockchain technology and NFTs gives gamers a sense of ownership and creative freedom, as well as a sense of reward and freedom. In this article, we'll explore the exciting worlds of the top 20 Web3 games, where players become real stakeholders in virtual realms. The first 10 are: Infinite Victory, Words3, Wild Forest, SpeedThrone, Champions Tactics: Grimoria Chronicle, Rumble Arcade, Project T, Inmates, Galaxy Commanders, Battle of Three Kingdoms – Sangokushi Taisen.Infinite Victory: A game by Bit Fry Games and Immutable, combining basketball with other sports elements to teach players about 'phygital' ownership, active community participation, and inclusive gaming experiences.Words3: Puts a crypto twist on the popular crossword game Scrabble, where players use letters to make words with changing letter costs, aiming for higher scores and potential ETH rewards.Wild Forest: A real-time strategy game for mobile devices by Ronin, featuring player-versus-player deck-building with in-game assets like unit and skin NFTs.SpeedThrone: An esports racing game powered by Unreal Engine 5, combining car NFTs and the CRS token on Cardano, offering gameplay improvements through NFTs and VIP access.Champions Tactics: Grimoria Chronicle: An immersive PC RPG set in a world of mythical champions, offering tactical battles and magical adventures.Rumble Arcade: A web3 game focused on tactical battles, where players collaborate to navigate different battle scenarios, with unique Flamey NFTs available on Opensea.Project T: A virtual meetup game by Sky Mavis, creators of Axie Infinity, promoting player interaction through fun minigames and exploring the world of sapidae.Inmates: A Cardano blockchain NFT ecosystem project set in a prison setting, where players can purchase and wager on characters, earning SMOKES tokens through staking.Galaxy Commanders: A space-based player-versus-player game emphasizing strategic ship battles, cooperative modes, and missions, with plans to introduce customizable NFTs.Battle of Three Kingdoms – Sangokushi Taisen: A trading card game by double.jump tokyo, offering computer-based gameplay and continuous updates with new characters.

The Istanbul Blockchain Week 2023 event took place on August 22 and 23, attracting experts, developers, enthusiasts, and investors in the blockchain and cryptocurrency space. The event stood out due to its location in Istanbul, a growing hub of interest in blockchain technology. The event's focus on Islamic finance and Web3 technologies captured significant attention.Having evolved from small gatherings in the past, Istanbul Blockchain Week has grown into a global event with thousands of attendees. This year's edition covered diverse topics such as DeFi, Trading, Regulation, Mining, Venture Capital, and more, catering to the varied interests of its attendees.Notably, the event omitted discussions on NFTs, reflecting a shift in market trends as interest in NFT trading had significantly declined. Instead, the event showcased activities and engagements that involved artificial intelligence and blockchain integration.One of the event's highlights was Desi, a conversational AI robot developed by SingularityNET and Yaya Labs. This demonstrated the integration of AI technology within the blockchain and cryptocurrency ecosystem.The event's major focus was on Islamic finance, recognizing the potential of aligning blockchain with the principles of Islamic finance. Experts in this field discussed the importance of ethical finance and sustainable development, addressing a market of 1.9 billion people dissatisfied with traditional financial services.Artificial intelligence was also prominently featured during the event. Speakers explored how Web3 and AI could synergize and transform data ownership, privacy, and control. The concept of using blockchain technology to enable individuals to own and manage their own data was discussed as a potential disruptor to the existing "Big Tech monopoly."While the crypto industry has been rapidly growing worldwide, including in Turkey, adoption in the country has been somewhat slower. Nevertheless, Istanbul remains an active center for blockchain and crypto-related activities.

Web3 gaming is an innovative fusion of blockchain technology and gaming, poised to have a significant impact on the industry. It combines the utility of blockchain within video games, creating a new category called Web3 games. Enthusiasts believe it holds immense potential and could emerge as a major player in the gaming landscape.While Web3 gaming has garnered excitement and investment, challenges are evident. Despite its growth, daily unique active wallets remain low compared to the global gaming community, suggesting untapped potential. However, measuring progress solely based on wallet activity might not provide an accurate assessment due to factors like market exits and cash-outs.Regulatory concerns loom large as government oversight becomes more relevant with Web3 gaming's rise. The classification of tokens and NFTs is unclear, as illustrated by the SEC's case against Binance. Varied perspectives exist within the gaming industry, with some giants like Epic Games showing interest through marketplace additions, while others, like Sega, express skepticism about the speed of growth and the balance between "play-to-earn" mechanics and fun gameplay.Developing sustainable token economies poses a significant challenge. The process of content creation requires time and iterative efforts for success, and striking the right balance between rewards and gameplay enjoyment is crucial. Overloading users with rewards can detract from the intrinsic fun of the game.To forge a successful path forward for Web3 gaming, a long-term commitment is essential. Despite its current stage, recognizing its nascent state and untapped potential is vital. A blend of high-quality gameplay and effective blockchain integration holds the key to unlocking the promised potential of Web3 gaming.

In 2023, the cryptocurrency and NFT markets are experiencing a period of uncertainty and volatility after the extreme highs of 2021 and subsequent crash in 2022. The transition from fear to greed and now to a more neutral sentiment characterizes the current state of these markets. The unpredictable nature of the bitcoin market, coupled with concerns about U.S. price hikes impacting liquidity, has contributed to the ongoing turbulence. Within this context, Toby Rush, co-founder of Redeem, highlights the challenges facing the web3 and blockchain ecosystems, emphasizing the critical need for improved user interfaces (UIs) and regulatory transparency.Rush identifies that despite the potential of Bitcoin, web3, and DeFi (Decentralized Finance) to reshape the market, their impact has been limited compared to other indicators since the market crash of the previous year. The total value locked (TVL) for DeFi protocols, according to DefiLlama, has not fully recovered from its steep decline. The NFT market has also seen a collapse, leading to fewer users engaging with web3 technologies.The lack of user-friendly experiences, particularly in terms of front-end UIs, is considered a primary factor contributing to this trend. Rush acknowledges that while progress is being made in the web3 space, the majority of users still struggle to navigate it. He underscores the importance of seamless onboarding processes, akin to those implemented by tech companies for mainstream products and services. Rush asserts that creating new onboarding frameworks is crucial to simplifying the user experience, eliminating technical complexities such as non-custodial wallets, complicated crypto interfaces, and gas fees.Another development discussed is the concept of Account Abstraction (ERC-4337), which allows users to use smart contract wallets with versatile verification logic as their primary accounts. This enhancement improves security and usability by introducing simpler ways of accessing crypto wallets and web3 accounts, akin to logging into email or favorite apps.Addressing the NFT market, Rush argues that businesses must adapt to existing consumer behaviors and mental models for success. He suggests that expanding on existing use cases can help users embrace decentralized products more readily. Despite the "expensive JPEGs" perception associated with NFTs, Rush asserts that these assets are gaining traction in various sectors, with applications like event tickets and loyalty programs. However, the industry faces challenges regarding regulatory clarity and transparency. The regulatory landscape remains uncertain, and Rush highlights the need for better communication and proactive measures from regulatory bodies to provide a conducive environment for blockchain-related assets.In conclusion, 2023 is characterized by a cryptocurrency and NFT market in flux, with challenges stemming from complex user experiences and regulatory uncertainties. Toby Rush's insights underscore the necessity of improving UIs, establishing clearer regulations, and expanding use cases to drive the adoption and success of web3 technologies and blockchain assets.

The world of popular video game marketplaces has presented challenges for web3 games and NFT blockchain games, as platforms like Steam and the iOS App Store have enforced bans on their inclusion. These blockchain-powered games struggle to establish a foothold in well-established gaming stores due to various reasons. While opinions on web3 games are polarized, some embrace their potential while others hold reservations. Steam and the iOS App Store are prominent examples that have prohibited NFT and crypto games, while platforms like Google Play Store and Epic Games Store allow them under specific conditions. However, emerging marketplaces like Elixir and Ultra have emerged as supportive spaces for web3 games.Notably, despite the ban on Steam, developers are finding creative means to launch web3 games on the platform. Steam's ban on NFT and blockchain games, implemented in 2021 during a cryptocurrency bull market, specifically targets games based on blockchain technology that enable cryptocurrency or NFT exchange. This decision carried significant weight, given Steam's vast user base of 20-30 million active gamers. Consequently, developers are devising strategies to market their web3 games on Steam, either by eliminating blockchain elements entirely or by utilizing third-party redirects for NFTs.Several instances demonstrate developers successfully releasing their web3 games on Steam, including titles like Champions Ascension, The Bornless, Superior, and Angelic. These games employ diverse tactics to circumvent Steam's restrictions. Champions Ascension, for example, directs users to its external website for NFTs and blockchain elements while adhering to Steam's terms of service (TOS). The Bornless abstracts crypto elements in the Steam version, leaving decisions regarding blockchain integration to players. The game developers' aim is to both launch their product on Steam and shift prevailing negative perceptions surrounding NFTs.While accessing Steam's large user base is a desirable goal, game developers face intense competition in capturing gamers' attention. Despite the multitude of players on Steam, a significant portion gravitates towards a handful of popular titles. Recent data from GameDiscoverCo reveals that a considerable proportion of users engaged with the top 10 games among the top 1,000 titles on Steam. This scenario presents challenges beyond platform entry, as developers must navigate an oversaturated market where gaining visibility is a formidable task. This situation is particularly concerning for multiplayer games dependent on sufficient player numbers for successful matchmaking.Developers who are enthusiastic about cryptocurrency integration are employing various tactics to showcase their games on Steam and attract players. Some publishers, like Gala Games, are creating versions of their games that exclude NFTs, such as the upcoming game Superior. Jason Brink, Blockchain President of Gala Games, confirmed plans to release a "non-NFT" version of Superior on Steam, where in-game items cannot be purchased with cryptocurrency. Gala Games also intends to provide NFT-based games through Elixir, a cryptocurrency-compatible game launcher. Angelic, an RPG developed by Metaverse Game Studios, adopts a similar approach with the backing of companies like Animoca Brands and Pantera Capital. Angelic's developers aspire to introduce its web3 features to the Steam version progressively.In conclusion, while popular game marketplaces have barred web3 and blockchain games like Steam and the iOS App Store, innovative developers are finding ways to circumvent these bans and introduce their offerings to a broader audience. This endeavor involves strategic adaptations to integrate with platforms while navigating challenges posed by market saturation. As blockchain rules evolve, developers may seize opportunities to reintegrate crypto elements into their games on these platforms.

Blockchain, a digital ledger that is decentralized and can't be changed, is changing the way assets are tracked and transactions are made. It gives security, transparency, and the chance to make money through cryptocurrencies. Even though it has problems like high costs and concerns about the environment, it can be used for more than just finance. When you learn about blockchain and invest in it, you open the door to a future where it will have a big effect on many industries. Blockchain's ability to change things promises new ideas and new ways of doing things as it grows, even if it will always be hard to understand. To make it through this technological frontier, it's important to understand and embrace its potential.

Illuminati Capital, a trailblazer in blockchain and decentralized technologies, is making a profound impact on the emerging Web3 landscape. The prominent company recently raised a substantial $50 million fund dedicated to the Web3 ecosystem. Distinguished by its unique approach to venture investing, Illuminati Capital stands out among investment firms. Concentrating on early-stage startups and boasting a formidable consortium of partners, the firm is poised to wield significant influence in the ever-evolving Web3 realm. Let's delve into the key concepts and strategies that define this innovative venture capital enterprise.Unveiling Illuminati Capital's Accomplished Investor TeamIlluminati Capital boasts an impressive array of partners with diverse backgrounds and a long track record of achievements. The trio of investors collectively invested nearly $1 billion in blockchain-based startups. Notably, Vickaash Agrawal, a partner at the firm, has secured an exceptional reputation through over 120 successful blockchain investments. His expertise spans data analysis, infrastructure development, regulatory comprehension, and mining, all of which prove invaluable in the dynamic and intricate Web3 domain.Dhaval Parikh, another partner at Illuminati Capital, adds strength with his extensive experience in blockchain investment. With a comprehensive grasp of the Web3 landscape spanning more than five years, Parikh contributes significantly to due diligence, risk assessment, portfolio management, and trend analysis. His background in venture capital enhances his ability to pinpoint promising opportunities that harmonize seamlessly with the company's objectives.Completing the triumvirate is Laura K. Inamedinova, a partner and CEO of LKI Consulting. Armed with a marketing prowess cultivated through servicing over 250 clients, Inamedinova plays a pivotal role in supporting portfolio companies with community building, branding, marketing strategies, and user acquisition. This holistic strategy ensures that the projects backed by Illuminati Capital garner the requisite attention and traction for early-stage growth.Investment Focus and Forward-Looking StrategyIlluminati Capital directs its investments across a diverse array of projects, underscoring a commitment to diversification and seizing opportunities in varied technological domains. Its involvement in decentralized finance (DeFi), blockchain gaming, artificial intelligence (AI), NFT infrastructure, and real-world assets (RWA) underscores the expansiveness of the Web3 landscape. Through this targeted approach, Illuminati Capital aspires to wield substantial influence in shaping the decentralized economy of the future.Setting itself apart from competitors, the firm's investment methodology is characterized by its partners' expertise and a history of astute blockchain investments. Illuminati Capital's investments of $30 million in various Web3 projects have appreciated to a combined value exceeding $150 million, illustrating its aptitude for identifying projects with considerable growth potential. Armed with this insightful data, the firm curates a portfolio that seamlessly aligns with its strategic objectives.Engagement and Holistic SupportIlluminati Capital's commitment to its portfolio extends beyond financial backing. The diverse backgrounds of its partners empower them to provide founders with tailored guidance and hands-on collaboration. Startups benefit from personalized advice informed by the partners' collective proficiency in data analytics, marketing, blockchain technology, and venture capital.Moreover, the firm actively aids portfolio companies through practical involvement. Illuminati Capital goes the extra mile to ensure the success of its investments, encompassing activities such as exchange listings, business development, public relations, and collaboration with key opinion leaders (KOLs). This comprehensive support system facilitates accelerated growth for startups, enabling them to navigate challenges and capitalize on opportunities within the competitive Web3 landscape.Linking Tangible Assets to the Digital FrontierAt the heart of Illuminati Capital's strategic vision lies the fusion of physical assets with the burgeoning digital realm. The company spearheads the utilization of blockchain technology to bridge real-world possessions and activities with the nascent digital landscape. Through investments in sectors like digital currency (DeFi), blockchain gaming, and NFT infrastructure, Illuminati Capital pioneers the connection between today's centralized economy and the decentralized economy of the future.Emerging as a dynamic catalyst, Illuminati Capital is propelling the expansion and transformation of the Web3 ecosystem. Its visionary investments, hands-on support, and commitment to shaping the decentralized economy distinguish it among venture capital entities. Backed by partners with comprehensive expertise spanning diverse domains, Illuminati Capital is primed to leave an indelible mark on the unfolding Web3 narrative.

Web3 and blockchain technology are ushering in transformative changes across various industries, extending beyond their well-discussed impact on video games. Under the umbrella term of Web3, blockchain technology stands out as a pivotal element with the potential to reshape sectors like business and finance. By providing a secure platform for direct peer-to-peer interactions, blockchain eliminates the need for intermediaries, streamlining processes and fostering openness. This promising advancement, however, is not without its challenges, as it raises concerns about fraud and lack of regulation.In the business and finance realms, blockchain's potential is particularly profound. The banking industry is poised for a revolution as decentralized finance (DeFi) emerges to democratize lending and establish a web3-centric financial system. The rise of cryptocurrencies and NFTs also impacts asset management, prompting institutions to consider their integration into portfolios. This expansion presents investors with novel opportunities to diversify their holdings.Blockchain's influence extends to environmental sustainability through the concept of "regenerative finance" (ReFi). Blockchain acts as a guardian of "green credentials," ensuring investments align with environmental goals. This innovative approach harmonizes with the broader Web3 and blockchain synergy, aiming to safeguard planetary resources.The blockchain-powered DeFi movement also disrupts traditional lending paradigms by facilitating direct peer-to-peer lending, exemplified by platforms issuing billions in loans without intermediaries. Ripple's streamlined money transfer system further demonstrates blockchain's role in enhancing financial transactions on a global scale, efficiently accommodating both traditional and digital currencies.Moreover, blockchain's impact is palpable in the realm of Information Technology (IT) by promoting decentralized data storage. This approach enables individuals and businesses to share storage resources directly, eliminating middlemen and fostering secure, long-term data preservation. Additionally, community-driven initiatives like the Helium network challenge the dominance of corporate and governmental entities, creating a decentralized paradigm for telecommunications and internet provision.While the transformative potential of Web3 and blockchain can be daunting, it offers numerous prospects for businesses and experts to innovate, optimize processes, and develop new products and services. Adapting to the dynamic changes is crucial for success, demanding vigilance and nimbleness. Embracing this evolution, businesses can navigate challenges like ninjas, seizing opportunities and crafting remarkable outcomes amidst the surprises that the future holds.

In July 2023, the NFT trading volume witnessed a significant decline, attributed to the volatile state of the blockchain and cryptocurrency market. Sales figures dropped by 29%, while the number of transactions decreased by 23%, according to a recent analysis by DappRadar. Despite this overall downturn, a glimmer of hope emerged from the realm of gaming NFTs towards the end of the month.The NFT market showcased remarkable diversity with various projects such as DMarket's Go skins, Gods Unchained's gaming NFT cards, Sorare's fantasy sports NFTs, and the innovative Watch2Earn program supported by NFTs. These NFTs extended beyond Ethereum and were also present on platforms like Mythos Chain, ImmutableX, and Binance.Amidst the challenging market conditions, it's important to recognize the progress NFTs have made. Even during this period of decline, there are opportunities for strategic investments in NFTs. While the market has been struggling, there are indications of eventual recovery.For instance, the CyberKongz Genkai mint experienced initial difficulties selling all 9,000 NFTs on Ethereum, leading to a reduction to 3,000 units. Notably, the Ronin faction successfully sold all 3,000 of their NFTs within an hour, revealing the presence of potential collectors.Cryptocurrency market volatility posed challenges for NFTs. Bitcoin-associated ordinals faced difficulty in sales, dropping to a ranking below the top five on the blockchain. The blockchain industry as a whole experienced a decline in rankings due to limited functionality and incentive for collectors to trade Bitcoin-related NFTs.July 2023 saw the lowest monthly sales total, amounting to $493 million, since June 2021. Despite this decrease, the market remained relatively close to the previous week's totals. Noteworthy NFT collections were analyzed:DMarket achieved substantial sales of around $5.2 million through skins for games like Counter-Strike: Global Offensive and Team Fortress 2.ImmutableX's popular game, Gods Unchained, generated impressive sales of $4.8 million as players engaged with its immersive gameplay.Sotheby's new generative art platform debuted with Vera Molnar's NFT drop, resulting in price increases driven by market demand.Binance's PLAYNFT collection ranked high, generating $1.7 million in revenue, especially through their innovative Watch2Earn platform.While Ethereum sales increased by 18%, the total sales in July ($271 million) were the lowest since June 2021. Binance secured the third position with $6 million in sales, closely following AIWorld Nodes and PLAYNFTs.Polygon's reported $5 million in sales preceding the announcement of Palm blockchain's transition to Polygon was not yet reflected in volume.Mythos and ImmutableX occupied the fifth and sixth positions, demonstrating the capability of gaming NFTs to compete with other major blockchains.Bitcoin's weekly sales dropped below $5 million, placing it as the ninth most profitable cryptocurrency.In an interesting turn, CryptoDickButts, a prominent NFT collection, announced the transfer of project administration to the largest holder of their new NFT series.In summary, the NFT market faced challenges in July 2023 due to market instability, yet a resurgence is anticipated, much like previous years. Gaming NFTs stand as a promising sector, buoyed by the launch of engaging games. Despite current setbacks, the diverse and evolving nature of the NFT landscape suggests a potential rebound in the future.

Golden Egg Wonderland is a groundbreaking Web3 game that incorporates blockchain technology and play-to-earn mechanics, with the main storyline based on Aesop's Fables. Players can raise and crossbreed birds to obtain NFT eggs, which have monetary value in the real world. Blockchain-enabled transparency and traceability in the game ensure the authenticity of in-game assets. It intends to evolve continuously, with planned phases introducing location-based features and real-world NFT exchanges for physical gold. This convergence of gaming and tangible rewards creates a long-term GameFi economy, revolutionizing the gaming industry. Golden Egg Wonderland exemplifies the potential for collaboration between blockchain technology, gaming, and real-world value.

Japan is reclaiming its position as the gaming industry's leader, with an emphasis on Web3 and blockchain technology. Japan has a rich gaming history and a culture that values innovation, as well as government support and an enthusiastic business community. In Japan, Web3 technology is thriving, with the government actively supporting digital assets and blockchain. The gaming industry is critical to the advancement of Web3, as it uses its unique intellectual property to create new experiences. To reimagine classic IPs, Japanese studios are collaborating with reputable blockchain builders. Aside from gaming, major Japanese corporations are betting on blockchain's revolutionary potential. Furthermore, Asian talent, particularly from South Korea and China, is entering Japan's burgeoning blockchain gaming scene via partnerships and collaborations.

Blockchain gaming is changing the industry with things like true ownership, play-to-earn incentives, and integration with the Metaverse. NFTs let you own in-game items, which keeps the game's economy going. Decentralization lets developers be more creative and also encourages competition that focuses on quality and the user. Artists are helped by NFTs because they protect intellectual property and give out royalties. Through the Metaverse, blockchain links the real and digital worlds, making it possible for people to interact and own things in both. Emerging economies benefit from new business opportunities and stability. Blockchain gaming is changing the economy of the future by giving creators more power and bringing people from all over the world together in a seamless digital ecosystem.

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.

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.

Cool Cats, the globally recognized character brand, is set to captivate gamers with the release of three highly anticipated games. Partnering with renowned developers nWay, iCandy Interactive, and Sync Studios, Cool Cats aims to deliver immersive gaming experiences that will further solidify their position as a beloved and inclusive brand. Each game offers a unique gameplay style, showcasing the diverse creative talents involved in their development. Let's dive into the details of these exciting releases.

Google Play has announced a big policy change that will let developers add non-fungible tokens (NFTs) and other digital assets to their apps and games. The new rules say that developers have to tell users if their apps use blockchain technology. By adding user-made content and one-of-a-kind NFT rewards, this move is meant to make users more loyal and improve traditional games. Google and Reddit worked together on this change. Reddit is known for its successful Avatar NFTs. The rules make it easier for users to trust apps, but they also keep real-money gambling from happening and stop apps that don't meet the requirements from selling NFTs through in-game purchases.

Farcana, a new Web3 team arena shooter game, has teamed up with Animoca Brands, a company based in Hong Kong. Farcana wants to change the team shooter genre by adding dynamic character skills and a Bitcoin reward system. This partnership is a big step in that direction. In a joint statement, the two companies talk about how important Animoca Brands will be to Farcana's tokenomics and Web3's go-to-market strategies. With its deep knowledge of the industry and large network, Animoca Brands is in a good position to help Farcana realize its goal of giving Web3 gamers an immersive, satisfying, and easy-to-access experience. This partnership shows that Farcana has a lot of potential and can grow quickly with the help of Animoca Brands.

Eyeball Games, the company that made the popular mobile game 8 Ball Pool, is working with Immutable, a blockchain technology company, to add blockchain and non-fungible tokens (NFTs) to their new game, Eyeball Pool. This new project wants to change pool games by adding blockchain technology and non-fungible tokens (NFTs). This will make the games more immersive and community-driven. When Eyeball Pool comes out in full in early 2024, players will be able to own it in ways that aren't possible in other games and enjoy fun ways to play. Eyeball Games is using the huge success of 8 Ball Pool to look into the potential of blockchain and improve the pool gaming experience for people all over the world.

Navigating the World of Crypto and Web3 Games in Japanese Gaming: Insights on My Crypto Heroes and Captain Tsubasa - RIVALS. Japan is a leading gaming country embracing the integration of blockchain technology in video games. In today’s article, we will look at how Japanese crypto games are performing. Additionally, how much potential do the Japanese blockchain games have in store? Japan has a rich legacy when it comes to games, furthermore, it has a massive global outreach and potentially stands as the most profitable gaming market in the world. Whether it is PlayStation, Nintendo, or web3 games, the Japanese love games and pay for good fun.

Unleash the Power of Blockchain Technology and Web3 Games: Challenges, Opportunities, and the Road to NFT Gameplay and Ownership. The gaming industry has always been driven by innovation, constantly evolving to meet the demands of a tech-savvy audience. Now, a new player has emerged on the scene, promising to revolutionize the very essence of gaming. Blockchain gaming, with its potential to redefine ownership, transparency, and engagement, is capturing the attention of both fervent blockchain advocates and gaming enthusiasts worldwide. While it faces challenges in winning over gamers and developers, the stage is set for an exciting journey into the future of interactive entertainment.

Check out the In-Depth Guide to the Card Game Cross the Ages, which lets players mint their cards as NFTs on the Immutable X blockchain. Unlike traditional collectible card games (CCGs), Cross the Ages brings a fresh perspective and incorporates elements of the blockchain, allowing players to mint their cards as non-fungible tokens (NFTs) on the Immutable X blockchain. While the game offers NFT features, they are entirely optional and do not disrupt the balanced gameplay experience. Whether you choose to delve into the world of NFTs or not, Cross the Ages is an immersive and engaging experience that caters to both casual players and competitive strategists.

In Japan, Blockchain Gaming, Cryptocurrencies, and Non-Fungible Tokens (NFTs) are open to new ideas, new rules, and cultural compatibility. Japan has long been renowned for its technological finesse, gaming heritage, and progressive approach to regulation. As the world ventures into the exciting realm of blockchain technology and crypto, Japan stands out as a pioneer, leading the charge in the emerging sector of blockchain gaming. It is at the forefront of the new blockchain gaming business. Japan is in a good place to lead the blockchain and non-fungible token (NFT) gaming revolution because of its unique cultural compatibility, large number of game developers, forward-thinking government policies, and thriving gaming ecosystem.

Learn how blockchain technology, non-fungible tokens (NFTs), and immersive experiences are changing open world games. In the past few years, the gaming industry has changed a lot. Open world games have become more popular and keep players from all over the world interested. The world has been completely taken over by Axie Infinity, a blockchain-based game that was made on the Ethereum network. This article looks at how open world games, blockchain technology, and the latest changes in the gaming industry all fit together. Axie Infinity has changed how people see and interact with virtual worlds with its unique mix of game mechanics and NFT (Non-Fungible Token) integration. In this game, players take on the roles of cute creatures called Axies, each of which has its own skills and traits. Players can build virtual empires and compete for glory by breeding, fighting, and trading Axies.

PlayToEarnGames.com is your one-stop shop for the newest play-to-earn games, game reviews, Crypto, NFTs, Web3, Blockchain and P2E gaming! Play-to-earn games are a new trend that has taken the world by storm in the ever-changing world of online games. When people play these games, they can win real money. Not only can players get lost in the immersive gameplay of these new adventures, but they can also earn real-world or cryptocurrency rewards while doing so. PlayToEarnGames.com is the place to go if you want to learn how to find your way around the exciting world of play-to-earn games and keep up with the latest releases and industry trends.

Crypto Market Soars as New Blockchain Partnerships and DeFi Innovations Drive Adoption.Due to a number of important events, the cryptocurrency market has grown by a huge amount in the past few months. The world of cryptocurrencies is changing at a rate that has never been seen before, from big partnerships between blockchain projects and traditional institutions to big steps forward in decentralized finance (DeFi). In this article, we'll look at the latest news about digital currencies, focusing on the positive trends that are shaping their future. Established financial institutions and cryptocurrency projects are collaborating in interesting ways, which is a big step toward mainstream adoption.

Blockchain gaming has been going up in an amazing way, dominating on-chain transactions and getting a lot of users in the Web3 environment. In April, data company DappRadar said that a big chunk of all on-chain transactions were related to gaming. It makes up 38% of all crypto trades right now. Even though the number of daily active wallets went down a little, gaming-related activities continued to grow. In the study, blockchain games were at the center of everything and made up a big part of on-chain transactions. Even though the number of daily active wallets dropped by 10% compared to the month before, 38% of all crypto transactions were tied to gaming. This number shows how gamers are becoming more and more interested in the blockchain area.

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.

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.

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.

FTX collapse ripple effect continues to date as another casualty happened where a Web3 card game bites the dust. Sam Bankman-Fried’s favorite game Storybook Brawl is shutting down its servers on May 1st. The decision came just after 13 months of its acquisition by FTX. It is yet another addition to the list of casualties. Good Luck Games, the creator of Storybook Brawl, announces on Twitter that the Web3 card game will shut down amid no direction forward. Apparently, the creators tried their best to find a way to keep the game afloat. However, they couldn’t find a way forward and hit a dead end. Good Luck Games was acquired by FTX US (also known as West Realm Shires) and fell under the "FTX Gaming" banner.

The internet has come a long way since its inception in the 1990s. From simple static web pages to complex, interactive applications, the web has evolved dramatically over the years. Today, we are witnessing the emergence of Web 3.0, which promises to take the internet to the next level with the help of blockchain, AI, and decentralization. This blog will explore the evolution of the web, from Web 1.0 to Web 3.0, and discuss the technologies and concepts that are shaping the future of the internet. Web 1.0, also known as the static web, refers to the early days of the internet when the web was primarily a collection of static HTML pages. The web was mainly used for publishing information and providing basic functionalities such as email and file sharing. The characteristics of web 1.0 were limited user interaction, unidirectional flow of information, and a lack of dynamic content. Moreover, It was mainly for information dissemination rather than interaction and collaboration.

Gala Games is propelling the future of blockchain gaming with the introduction of $Gala (v2), marking a new era for their ecosystem. This upgraded token aims to enhance players' gaming experiences while enabling them to earn rewards through competition. Gala Games announced the launch of $Gala (v2) on May 15th, bringing significant improvements such as enhanced burn mechanisms, security upgrades, and future upgradability to its Ethereum contract.The company's focus on a decentralized market, player token rewards, and stakeable tokens for greater benefits underpins its commitment to innovation. The Gala (v2) token, built on Ethereum as an ERC-20 token, seeks to expedite transactions within the Gala Games ecosystem and provide access to platform services.One notable aspect is the integration of Gala (v2) into the ecosystem's decentralized marketplace, enabling secure and transparent value exchange, including the trading of in-game items and digital assets. Gala Games has been proactive in communicating with its community and ensuring a smooth transition for token holders from $Gala (v1) to $Gala (v2).Gala Games has garnered attention with its projects that prioritize player ownership and decentralization. Among these is "Town Star," a play-to-earn town-building game where players compete to create efficient towns. Another project is "Spider Tanks," a PVP brawler game featuring real-time tank combat with customizable tanks and physics-based movement.With a focus on empowering players and advancing the possibilities in the gaming sector, Gala Games aims to create a thriving ecosystem that benefits all participants.

Immutable Labs, a Sydney-based crypto company, has introduced the Immutable Passport, a solution aimed at overcoming barriers to adoption in the Web3 gaming space. While blockchain games have allowed players to own in-game digital assets and earn cryptocurrency, challenges like high entry costs and complex onboarding processes have hindered mainstream adoption.Entry barriers, such as the necessity to purchase expensive NFTs to play games, have discouraged many potential players. Additionally, the complexities of setting up crypto wallets and purchasing specific cryptocurrencies have deterred newcomers. Immutable Passport seeks to address these issues by providing a single-sign-on (SSO) system for accessing multiple games, simplifying the onboarding process and reducing user acquisition costs.Immutable Labs' co-founder, Robbie Ferguson, describes the Passport as a self-custodial wallet that enables users to log in using their email and a one-time password. The goal is to create an interoperable blockchain gaming universe that benefits both players and developers. While resistance from major players in the gaming industry and negative sentiments toward cryptocurrencies pose challenges, Immutable Labs is actively supporting game developers with a $500 million fund to foster the growth of Web3 gaming.The Immutable Passport represents a significant step toward making Web3 gaming more accessible and engaging, with the aim of driving mainstream adoption in the future.

Panzerdogs is a super fun, casual, multiplayer online tank battle NFT game running on the Solana blockchain network. This Web3 game offers in-game digital asset ownership to its players which are tradable on marketplaces. Panzerdogs is a team-based tank brawler game where the fun lies in exploding your opponent’s tank. You will play as a unique cute NFT dog inside a war tank with a war helmet on your head.

Gaming has come a long way from being a hobby for a small group of enthusiasts to become a multi-billion-dollar industry. Esports, or competitive gaming guild, has emerged as a significant force within gaming. Professional players and teams compete in global tournaments for millions of dollars in prize money. However, not all gaming communities are focused on making money. Some are celebrating the fun and community of gaming. Also, they are doing it through gaming guilds and decentralized autonomous organizations (DAOs).

Web3 gaming is getting better and growing, and classic Web2 games are also starting to use technology. Companies like Neopets, MapleStory, and Atari are joining Web3 technologies with their popular and nostalgic blockchain game IPs. MapleStory is one of only a few games that have been successful and are still going strong. Since it came out in 2003, the game has been going strong, accomplishing rare things and building a strong, loyal community.

ArcheWorld, a one-of-a-kind debut MMORPG using blockchain technologies, plans to launch NA & SA servers on April 19th, 2023. Web3 gamers can head out to ArcheWorld website for pre-registration. Additionally, players can also win exciting prizes in Fandom Card NFTs, and Land NFTs if they invite their friends to the servers. So, get ready folks, mark your calendars! April 20, 2023, is the big day for all you ArcheAge fans out there!

Unstoppable Games, led by CEO Nick Lexmond, has been working on its flagship game, Influence, for more than a decade. The game, which is built on the Starknet blockchain, is a massively multiplayer online (MMO) game set in a star system that is about 15 light years away from Earth. The NFT-based game is centered on the idea of how humans would survive in an asteroid belt and deal with the logistical complexity of dealing with independently orbiting bodies. Unstoppable Games is working on creating an "unstoppable game" that cannot be turned off or controlled by a central authority. The contracts for the game are open, and players have ownership over the game's stewardship

Polygon rises in Web3 gaming with blockchain adoption and NFTs. Here are the key factors behind its success in the gaming sector. Adoption of blockchain technologies and NFTs: the rise of Polygon in the gaming sector and the key factors behind its success in Web3. One of the key players rising high in the adoption of blockchain technology and NFTs is Polygon, a layer-2 scaling solution for Ethereum.

Experience the top blockchain and NFT games of March 2023 for the ultimate gaming adventure. Discover the most innovative games in the industry loved by gamers worldwide. Today we have Splinterlands, Alien Worlds, Upland, Sorare and Trickshot Blitz for you! A blockchain game uses a special kind of technology called blockchain, and it can have items called NFTs that players can buy, own, and trade, which are unique and special to that game. Regular games don't have these things.

Are you ready to play games at the next level, gamers? Blockchain games are a new technology that is shaking up the gaming business. With the potential to change how players talk to each other and use game assets.As blockchain technology continues to grow in popularity, more and more game makers are using it. Giving gamers more ways to get rewards and trade digital assets.But what do gamers think about this new tech? Are they ready to play games that use the blockchain? Or do they think it makes the game more complicated and isn't necessary?In this article, we will talk about how gamers see blockchain games. Also, how well these games work technically and how people like them. And what will happen to blockchain games in the gaming business in the future.

Are you a gamer looking for the next big thing in the gaming industry? Or maybe you're a game developer searching for innovative technologies to incorporate into your games? Blockchain Games!Look no further than blockchain games, the latest trend in the gaming world. In this article, we'll take a closer look at what blockchain games are, how they work, and the benefits of using blockchain technology in the gaming industry. Join us on this exciting journey into the world of blockchain games.

Zero-Knowledge Proof (ZKP) is a cryptographic protocol that ensures privacy, which is something that traditional blockchain systems don't do. It lets one person show another person that they know a certain piece of information without giving away any more details about it. In the context of blockchain technology, ZKP can be used to check if a transaction or identity is real without giving away any sensitive information. In traditional blockchain systems, every transaction on the network is available publicly to all the nodes in the network. While this ensures transparency and immutability, it also makes it easy for anyone to see the transaction details. This includes the sender's and receiver's addresses and the amount of cryptocurrency being transferred. This lack of privacy can be a significant issue for individuals and businesses who want to keep their financial transactions private.ZKP addresses this privacy concern by enabling parties to prove that a certain statement is true. It does this without revealing the statement itself. For example, Alice could prove to Bob that she knows the password to her email account without revealing the password itself.

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Welcome to the ultimate guide to blockchain gaming, where the digital and gaming worlds collide to offer an unparalleled experience. This guide takes you through the essence of blockchain games, providing a fresh perspective on gaming by merging technology with entertainment. Discover how these games leverage decentralized technology, giving players true ownership of in-game assets and the opportunity to earn real-world rewards. We'll navigate through the vast landscape of blockchain gaming, offering insights on finding the best games through list websites and social media platforms. Learn what makes a blockchain game stand out, from innovative gameplay and robust in-game economies to security and decentralization. Highlighted examples like Axie Infinity, Gods Unchained, and The Sandbox showcase the success and potential of blockchain gaming. Armed with tips on reviewing these games, this guide is your go-to resource for diving into the future of play, empowering you as both a player and a pioneer in the digital universe.

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.

A simple answer to the question is the ability to transfer something from one system to another like transferring a file from an Android to an iPhone. However, in Web3, it means transferring a token, crypto, avatar, etc from one blockchain to another. This interoperability functions impacts almost everything in the Web3 domain.

In a interview, Yosuke Matsuda, the president of Square Enix, reiterated that the future of video games will feature blockchain technology.

Gamefi is the most trendiest niche in the cryptocurrency industry at the moment, no less than a gold rush.

The recent addition of capital of blockchain is Dragonfly Capital’s third funding round. The focus is on investing in crypto-based projects

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!