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

Thirdweb got $24 million in a Series A funding round in August 2022. Big investors like Hahn Ventures, Polygon Labs, Coinbase Ventures, and Shopify contributed to this round. The company is now worth a whopping $160 million more because of this big investment. After their funding round went well, Thirdweb made a move to strengthen their position in the Web3 gaming market. They recently appointed Atif Khan, a seasoned Facebook executive, as their new Vice President of Gaming. Khan has a lot of experience because he was the Head of Mid-Market and In-App Ads for Global Gaming at Facebook. This smart hire shows that Thirdweb wants to improve the Web3 gaming experience and strengthen their position in the industry.

Explore the latest developments in web3 gaming, from Sorare's alternative entry method to Eternal Paradox playtest, Sky City beta, and more. So, this week, when Eternal Paradox asked the Gala Games community to take part in its second playtest, everyone was amazed. We also saw Mino Games put out an RPG called Dimensionals. Also happening are the launch of Worlds Beyond's alpha game, Sky City's closed beta testing, and Alien World giving its players a new way to play Minecraft in 3D. In addition, Binance and Coinbase were sued by the SEC in the United States, which was news for the web3 industry. On the other hand, we have news from France, where both the government and the game publisher Sorare have taken steps toward following the rules. Stay tuned, because we'll talk about these changes in depth.

The company that runs the Avalanche blockchain, Ava Labs, recently announced that Avalanche Arcad3 would be coming out. The goal of this initiative is to get traditional game developers and blockchain game developers to work together. Ava Labs wants to make it easier to use blockchain technology in games by giving developers a place to try things out and get help. Gree and Gumi, two of Japan's best-known metaverse and entertainment companies, have joined Arcad3 as early partners. This partnership makes it possible for blockchain games to be used in new ways in the near future.

The Web3 game launcher of Hyperplay got $12 million in Series A funding. The platform lets players bring wallets, NFTs, tokens to every game. Even though HyperPlay's launch date is November 2022, it just finished a $12 million Series A funding round to beat out its competitors and speed up the growth of the web3 game launcher. The Web3 game launcher from HyperPlay is called a "future platform." This big investment will speed up the work on its Web3 game launcher that is built in. Thanks to the new platform, players can carry their wallets, NFTs, and tokens with them in every game. The user-friendly design of HyperPlay makes sure that interactions with in-game wallets are smooth and easy, which improves the overall gaming experience for users.

Unicorn Party, the latest offering from Laguna Games, is making waves in the blockchain gaming industry. With a series of casual mobile games under the Crypto Unicorns brand, Unicorn Party aims to address the main challenges hindering the mass adoption of blockchain games. By providing exciting gameplay experiences, easy onboarding, and accessibility for both Web2 and Web3 gaming audiences, Unicorn Party is poised to bridge the gap and revolutionize the crypto gaming world. In an interview with a famous game news website, Lois Wang, executive producer of Unicorn Party, said “We’re expanding into different genres for this IP so that we can put a variety of games in front of the players. Unicorn Party will be a multiplayer PvP game series where we can experiment with different genres and diversify our audience.”

SEC Suit Against Binance: What Does It Mean for Coinbase and the Crypto Market? The SEC's lawsuit against cryptocurrency exchange Binance has sent shockwaves through the cryptocurrency market and Coinbase. The recent lawsuit filed by the Securities and Exchange Commission (SEC) against Binance, the biggest cryptocurrency exchange in the world, has sent shockwaves through the cryptocurrency market. Analysts think that this lawsuit could be the start of a similar investigation by regulators into the rival exchange Coinbase. The SEC says that Binance, its CEO Changpeng Zhao (CZ), and Binance.US broke securities laws by selling unregistered securities like the BNB token and the Binance-linked BUSD stablecoin to the public. Also, the staking service on Binance is said to break securities laws. These events have had a big effect on the cryptocurrency market, and Coinbase's stock price has dropped a lot as a result.

Left Fielder Media and Neon's collaboration on the game "Shrapnel" highlights their dedication to crafting immersive narratives through Web3 technology. Left Fielder Media, known as a leading entertainment industry player, has demonstrated a commitment to pushing storytelling boundaries. Founded by Dom Cole and Stephen Philms, LFM aims to create authentic stories that resonate with diverse audiences. This article explores how their partnership with Neon on "Shrapnel" underscores their devotion to immersive storytelling, strategic alliances, and innovative utilization of Web3 tech.LFM, often referred to as a "media technology studio" by Cole, recognizes the expanding gaming industry's need for diverse characters and ideas. Their engagement with Neon's ambitious multiplayer shooter, "Shrapnel," stands out due to their meticulous attention to storytelling and character development. The character Hassan Calloway exemplifies their focus on multi-layered narratives, family legacy, and personal strength. This attention to detail enhances player connection and immersion within the game's world.LFM's commitment extends beyond the game itself. Collaborating with Neon, they intend to amplify the "Shrapnel" universe beyond gaming. They're collaborating with the Equity Space Alliance to foster equitable ownership in the space industry, aligning with similar-minded groups to broaden perspectives and foster inclusivity.Moreover, LFM sees potential in Web3 technology, leveraging non-fungible tokens (NFTs) to create tradable in-game assets. This enhances fan engagement and transforms virtual items into collectibles, deepening the connection between players and the game world.The influence of Mark Long, Neon's founder and a gaming industry veteran, has guided LFM's storytelling endeavors. Cole and Philms prioritize diversity, aiming to empower underrepresented voices in creative roles and reshape science fiction narratives. Authenticity remains central; LFM draws from real-life events and cultural perspectives to shape their characters and stories.LFM's creative prowess extends beyond collaborative projects, evident in their independent work such as "Member 16," an innovative space tourism venture blending comics, short-form content, and a feature film. Their diverse skill set in photography, fashion, and art direction, coupled with global marketing experience, positions them as leaders in immersive storytelling with cross-cultural appeal.The impact of Left Fielder Media and Neon's partnership reverberates beyond "Shrapnel." Their emphasis on authenticity, diversity, and multi-platform experiences is poised to reshape storytelling across mediums, leaving an enduring mark on the metaverse and beyond.

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

There are some top web3 and NFT games rolling out massive updates in June, notably, Champions Ascension makes its move to Polygon this month. We all know that Web3 games have been making a lot of noise in the gaming industry lately. Several AAA games can already be played, and others are putting out beta versions. But some of the best Web3 and NFT games are putting out big updates and exciting new content inside the game. So, in June 2023, what Web3 games should you try? We've put together a list of some of the best Web3 games to play in the next few weeks.

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.

Explore the best play-to-earn crypto games of 2023 and transform your gaming experience. These top P2E games, including Ecoterra, Tamadoge, and Axie Infinity, offer exciting ways to earn cryptocurrency while having fun. Play-to-earn games are revolutionizing the gaming industry by allowing players to monetize their skills and own in-game assets. From building virtual worlds in RobotEra to battling digital pets in Axie Infinity, these games provide both entertainment and financial rewards. With blockchain technology, players can buy, sell, and trade digital assets, creating a thriving market and a player-driven economy. Dive into this booming crypto gaming trend and start earning today. For more insights and the latest updates on crypto, NFT, and blockchain gaming, visit our Games and News pages. With these points, you're all set to dive into the detailed breakdown of the best play-to-earn crypto games in 2023. Let's get into the specifics!

Explore the transformative world of play-to-earn games, where fun meets earnings through crypto tokens and NFTs. Gaming redefined. The way people play games is changing, with "play-to-earn" games getting a lot of attention. This new idea gives players crypto tokens or NFTs for their in-game accomplishments. Some industry experts and investors, like Alexis Ohanian, think this model will work in the long run, but others aren't so sure. Alexis Ohanian, who helped start Reddit and started the venture capital firm Seven Seven Six, has spoken out in favor of "play-to-earn" games. He thinks that in the future, gamers will want to be paid for the time they spend playing games.

Fenix Games, a prominent player in the web3 gaming industry with a track record of successful titles like Madden Mobile, Need for Speed Mobile, The Sims Mobile, and Plants vs. Zombies, has recently entered into a strategic partnership with Immutable, a leading web3 platform. The primary objective of this collaboration is to identify, support, and launch a diverse array of web3 games with the aim of gaining widespread popularity among the general public. Additionally, the partnership intends to bring Fenix Games' top-notch web3 publishing tools into the realm of blockchain-powered games to make them more contemporary and innovative.Key Points:Fenix Games' Notable Portfolio: Fenix Games has an impressive history of developing and publishing both licensed and original games that have captivated millions of gamers globally. Some of their standout titles include Madden Mobile, Need for Speed Mobile, The Sims Mobile, and Plants vs. Zombies.Blockchain's Impact on Gaming: The collaboration between Fenix Games and Immutable reflects the transformative potential of blockchain technology on the gaming industry. It is expected to revolutionize game development, funding, and marketing. Future game economies are anticipated to be built on blockchain liquidity, decentralized autonomous organizations (DAOs), and interoperability between various systems.Immutable as a Secure Platform: Fenix Games embarked on a quest to find a reliable platform that could facilitate the integration of games into the web3 environment. Immutable's secure infrastructure and proven commitment to the field made it an ideal partner for Fenix Games. The collaboration aims to help game developers navigate the complexities of web3, reduce risks, and accelerate the growth of the industry.Andrew Sorokovsky's Perspective: Immutable's VP of Global Business Development, Andrew Sorokovsky, expressed enthusiasm about the partnership, highlighting Fenix Games' team's extensive experience in both AAA publishing and web3. He anticipates collaborating to shape the future of gaming.Fenix Games' Role in Web3 Growth: Fenix Games intends to leverage its years of expertise to attract and support the best game development teams, guiding them in the transition to web3. This involves selecting, advising, and publishing exceptional services on Immutable's gaming platform, contributing to the rapid expansion of the web3 games industry.Mythical Games Lawsuit: It's worth noting that Mythical Games has filed a lawsuit against Fenix Games, accusing three former executives of working for Fenix while they were supposed to be raising funds for Mythical. Allegedly, they stole a strategic business plan from their positions at Mythical to secure personal financing. Fenix Games has not publicly commented on this lawsuit.About Immutable: Immutable is recognized as an innovator in the gaming industry, with a mission to grant digital ownership to every player while ensuring the ease and security of creating exceptional web3 games. Their ecosystem offers solutions for game studios and developers to monetize Ethereum-based games efficiently, with support for scaling through zero-knowledge (zk) technology.Fenix Games' Vision: Fenix Games is a Web 3.0 game publisher founded by individuals with experience in both the gaming industry and Wall Street. The company aims to transform how people engage with games by involving them as stakeholders. Leveraging decentralization and blockchain technology, Fenix Games aspires to build a portfolio of diverse gaming projects.In conclusion, Fenix Games' collaboration with Immutable signifies a significant step in the evolution of web3 gaming, combining established expertise with innovative blockchain technology to shape the future of the industry. The partnership aims to facilitate the growth of web3 games, making it more accessible for both developers and players. However, the ongoing lawsuit with Mythical Games adds a layer of complexity to Fenix Games' journey in the web3 gaming space.

Taking a look at Emilian Ciocanea's interview about how blockchain games have changed and how commercial NFTs are used in Gold Fever. As the CEO and founder of Gold Fever, he is making it possible for gaming and blockchain technology to work together. This article goes into detail about the main points Ciocanea brought up in an interview. We'll talk about how blockchain gaming is going right now, what makes Gold Fever different, and what the future holds for immersive experiences and real-world economic convergence.

Square Enix, Ubisoft, and many other traditional publishers are shifting their focus toward blockchain technology, web3, and NFT games. As web3 technology transforms the gaming industry, several web2 video game publishers around the world are dabbling in NFT games in order to stay ahead of the competition. These publishers are refocusing their efforts on incorporating blockchain technology, cryptocurrencies, and NFTs into video games. Some of the world's largest gaming companies are gradually showing interest in Web3, with platforms such as PC shooters, mobile games, and multiplayer metaverse games in mind. Furthermore, the majority of the game publishers on our list have their headquarters in Asia, with only one in the United States and one in Europe. This dominance corresponds to DappRadar's prediction that Asia will become a Web3 gaming hub. In this article, we'll look at some notable game publishers who are launching new projects in the web3 gaming market.