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

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.

Sorare is a free-to-play NFT football fantasy card game that is changing the way people play games on the web3. Learn about the appeal of Sorare's rarity system, which makes some player cards very valuable and hard to get. As you build your ultimate team, football stars like Erling Haaland, Leo Messi, and Cristiano Ronaldo become valuable items because they are hard to get and have real-world monetary value. Use Sorare's special power and go on a game adventure you'll never forget. According to Brian O’Hagan, the head of growth at Sorare, the game loop comprises four simple steps making it addictive. You start with scouting and collecting players, based on your scouting you compose a lineup of 10 players and field five of them

The booming market for gaming skins in the web3 gaming industry indicates an optimistic future for non-fungible tokens (NFTs) and blockchain technology. Gaming skins, which enhance characters' appearance and skills, are rapidly becoming indispensable in gaming. This trend lays the foundation for significant impacts on NFTs, particularly in the realm of gaming assets. The growing demand for customizable in-game apparel and items, as seen in the market for gaming skins, presents an opportunity for the NFT industry in the gaming sector. Despite skepticism surrounding NFTs, if the demand for skins continues to thrive and gain widespread acceptance, the NFT industry can leverage this trend and overcome ongoing debates.

Amsterdam's RBL Labs is revolutionizing web3 gaming with their groundbreaking title, LegendsOfCrypto (LOCGame). With global attention and an innovative approach to blockchain gaming, RBL Labs is poised to transform the future of casual web3 gaming. Backed by notable investors like Signum Capital and NGC, they are on an exciting trajectory. The studio's achievements have been recognized through their selection for the Cointelegraph Startup Accelerator and acknowledgment by the European Blockchain Convention (EBC) as one of the top 10 European blockchain startups. RBL Labs is establishing itself as a prominent player in the web3 gaming industry.

The Managers Collection and Trailblazing NFT Advancements by NFTGuys: Discovering the Endless Possibilities of ERC6551. In the digital age, when creativity takes on new forms, NFTs have become a game-changing way to protect and manage digital assets. The Managers Collection is one of the first NFT projects to use the innovative ERC6551 standard, also known as Token Bound Account (TBA). This makes it stand out from the other NFT projects. The talented people at NFTGuys made this project possible with their knowledge. They work hard to explore the huge potential of ERC6551 and change the NFT landscape. Let's learn more about what ERC6551 is, how it can be used, and how The Managers Collection is leading the way in this new era of NFTs.

Sorare, a Web3 card game based on Ethereum, has successfully navigated the crypto winter by maintaining a thriving in-game economy. While most Web3 games struggled economically, Sorare stood out as one of the most popular games in recent years. It is an NFT card game centered around fantasy sports and utilizes the Ethereum blockchain. In 2022, Sorare's secondary market sales exceeded $350 million, and it has already amassed $90 million in 2023. The game's success can be attributed to its stable tokenomics model, strategic partnerships, acquisition of football licenses, and expansion into multiple sports. Brian O'Hagan, Sorare's growth leader, discussed the company's business approach in a recent podcast interview conducted by Naavik.

Non-Fungible Tokens (NFTs) are becoming more popular, which has gotten people in the blockchain and cryptocurrency communities interested. From the NFT sales of Grimes to the popularity of the Nyan Cat meme, these unique digital assets have caught the attention of artists, collectors, and investors. Before you can fully understand what NFTs mean, you need to know what they are and how they work. Non-fungible Tokens (NFTs) are digital assets that can't be copied or replaced. NFTs are different from fungible assets like Bitcoin and other cryptocurrencies because they have their own unique traits. Think of them as the digital equivalent of trading cards or collectibles that you can only get once.

Laguna Games went on a dangerous adventure that took them from the world of dragons to the magical world of unicorns. The fact that they turned down the chance to work on the famous "Game of Thrones" IP in favor of making their own NFT game, Crypto Unicorns, shows that they have the guts to try something new and join the Web3 revolution. Laguna Games chose a different path, the Crypto Unicorn realm, which gave them the chance to be creative and try new things. Laguna Games did not stop at crafting a unique game. They wanted to give their community more power by putting in place a DAO, which stands for "Decentralised Autonomous Organisation." Andrew Campbell, who is in charge of product and growth at Laguna, said that he was aware of the risks that came with this experimental approach. But he was sure that the rewards would be great if they could find their way through this uncharted territory.

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.

Yuga Labs is releasing the debut season of its HV-MTL Forge Web3 game. Players can now create and share their own spaces for voting contests. The HV-MTL Forge is a crafting game for HV-MTL NFT holders. Today, Yuga Labs is introducing the meta layer, allowing players to personalize their forge and vie for social recognition. Yuga Labs partnered with Makemepulse to develop this game within the Bored Ape Yacht Club universe. It features six seasons and two modes.

Mythical Games, the proud developers of NFL Rivals and Blankos Block Party, has successfully secured 37$ million in Series A funding round. The dominating firm further seeks $20–30 million in value to be made public later this year. According to a statement from Mythical Games, the funding will allow to carry out Mythical ambition of providing creativity to video games through Web3 infrastructure. Scytale Digital served as the lead investor in the Series C1 expansion round. Other new investors included ARK Invest, Animoca Brands, MoonPay, Proof, and Stanford Athletics.

Read about the Future of NFT games in 2023: Trends, Forecasts, and the Game Industry's evolution. Find some of the exciting possibilities! Discover the exciting possibilities. With these game-changing trends set to shape the industry, the future of NFT games in 2023 looks good. The growing number of players shows that more and more people are interested in NFT games, which is bringing in more gamers and developers. As the number of players grows, there will be more opportunities for new ways to play and work together. This will drive the evolution of NFT games. Cross-platform integration lets players use their NFT assets in multiple games and platforms without having to change anything. This makes NFTs more valuable and gives players a consistent gaming experience no matter what platform they use. As this trend grows, players will have more control over their virtual assets and the games they play will be more connected and immersive.

Ubisoft announces Champions Tactics Grimoria Chronicles, a web3 game powered by the Oasys blockchain, joining Square Enix and Sega in Web3.. Ubisoft, a well-known game developer, has recently announced the release of Champions Tactics: Grimoria Chronicles. It is a web3 game that will incorporate the Oasys blockchain technology. This is a significant step forward in the gaming industry's adoption of this innovative trend. Notably, Square Enix and Sega are embracing web3's potential by incorporating it into upcoming projects. The first teaser for Champions Tactics: Grimoria Chronicles came out recently on the internet. This is likely to get people talking in the crypto community. This is happening at a time when many people are hoping for a comeback after NFTs and other similar assets lost a lot of value.

Pixion Games, a Web3 game studio, has raised $5.5 million in seed funding for Fableborne, which is their most popular game. Among the investors in the funding round were the Blizzard Fund of the Avalanche Foundation, Shima Capital, and ReadyPlayerDAO, among others. Pixion will use the money to make Fableborne, an action role-playing game where players can interact with on-chain assets on the Avalanche network, even better. Kam Punia, the founder and CEO of Pixion Games, said that he wants to hire more people to help improve the game's technology and leadership.

Darren Glover delves into the challenges that video game streamers and Web3 content creators face when entering the crypto space. Skepticism about the use of NFTs in gaming, fraudulent activities, and profit-driven Web3 elements all pose challenges. Glover advises content creators to balance content creation with Web3 elements, with a focus on well-known social platforms. He recommends TikTok, YouTube Shorts, and Instagram Reels to avoid excessive jargon. Recognizing the sentiment of NFT, he encourages introspection and a captivating approach. Glover emphasizes community ownership and decentralized streaming as an alternative to centralized platforms like Twitch. Within the Web3 landscape, notable creators contribute to educating audiences about blockchain and cryptocurrency.