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

The world of Web3 was buzzing with excitement as major players announced game-changing partnerships and events on "Super Sunday". Immutable and Polygon joined forces, while gamers eagerly anticipated the Eternal Dragons Tournament and Yuga Labs' second trip into the metaverse. Here's a closer look at the exciting developments shaping the future of Web3.Another edition of Super Sunday with a lot of blockchain gaming industry news. This week saw several massive developments including Immutable and Polygon, two of the big guns in the blockchain industry, joining hands to launch zkEVM. Moreover, we have Eternal Dragons Alpha Tournament, CCP Games planning an AAA blockchain game, and popular and nostalgic Neopets planning a comeback as a Web3 game. A major update by Yuga Labs this week is the launching of Second Trip to the other side, Spider Tanks releasing a massive update, and finally, Mocaverse reveals Moca NFTs.

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

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

Urvit Goel of Polygon says that 2023 will be a big year for the Web3 industry and metaverse. He says that this is when we will see high-quality blockchain games.There are a lot of hopes for blockchain games, and many people expect them to live up to those hopes. Since 2023 is a "put up or shut up" year, it's likely that things will work out. But it's more likely that we'll see great Web3 games that are already being made by people with a lot of experience making games. Urvit Goel, Vice President of Games at Polygon, talked to VentureBeat about how important 2023 will be for the blockchain gaming industry. He also talks about the role that Polygon is playing in making the change happen.Goel said that 2023 will be a big year for the gaming industry, especially in terms of how blockchain technology is used. People will pay close attention to the promises made about upcoming games, and it's important that results start to show. Many developers are still in stealth mode and haven't put out any products yet. As more games come out, it will be easier to figure out how good they are and where the industry is headed. Polygon is making progress in the right direction, as it recently integrated Magic Eden into its chain. Additionally, blockchain games like The Sandbox, Decentraland, and more have embraced Polygon. However, it isn't as easy as it sounds, especially after the FTX collapse and the raging crypto winter. Despite the challenges, Dappradar reports that the Web3 blockchain gaming sector saw more than $500 million in investments. Goel facilitates the integration of cutting-edge technologies and marketplaces into the development process. He does this with a view to producing superior products. In support of this, Polygon has created a fund worth $100 million to invest in Web3 gaming and related sectors. A significant portion of this funding has been provided from the company's own resources, derived from a previous funding round that generated $450 million.Goel says that the blockchain gaming industry is growing up very quickly. At first, most people were interested in how blockchain and cryptocurrencies could be used to make money. This made games that were easy to understand and didn't impress serious gamers. Goel, on the other hand, thinks that the industry has reached a point where good games are being made. This shows a change toward becoming more mature and trustworthy.Goel says that the only developers left in the blockchain gaming industry are those who are very dedicated to making high-quality games that gamers will enjoy. Most of the time, these teams have a lot of money and all the tools they need to make great games. On the other hand, Web2 developers who move into Web3 projects are also likely to make a difference in the field. Even though the business has changed recently, Goel doesn't see any signs of a slowdown in the near future.

In a recent episode of Decrypt's gm podcast, Polygon Labs' President Ryan Wyatt shares his insights on the future of Web3 blockchain games. He believes gamers will eventually adopt Web3 adaptations, driven by improved gameplay and true digital ownership through NFTs. Despite initial skepticism and challenges, Wyatt emphasizes that gamers, being tech-savvy, are likely to embrace these innovations as technological barriers decrease. He discusses the potential of NFTs to revolutionize digital property rights in gaming, allowing players to buy, sell, and trade in-game assets freely. Wyatt also highlights the need for developers to create engaging and sustainable Web3 gaming experiences. As blockchain technology evolves, Web3 games might simplify the user experience and integrate seamlessly with traditional gaming models. Dive into Wyatt's vision for the future of gaming, where Web3 and NFT gaming are set to transform the industry.

Square Enix’s Web3 project Symbiogenesis has updates. It partners with the Polygon blockchain network to offer players fast, secure transactions. An experience centered around digital collectible art and a virtual turn-based adventure will be created through Symbiogenesis.

Five NFT Games 2022 to look forward. The games of the future that have taken the internet by storm have several names to them!

Fractal has expanded into Polygon and will launch with thirty partners from that ecosystem. Web3 gaming platform founded by Justin Kan, founder of Twitch

Mastercard and Polygon join hands to support music talent by launching a Web3-based Artists Accelerator Program, Check out the details here.

Polygon Studio’s CEO Ryann Wyatt shared his candid insights on NFT's and their future in the video game industry.

Blockchain gaming firm Cross the Ages announced funding from Ubisoft, Polygon, and crypto gaming unicorn Animoca Brands among others.

Turnt Gaming has raised $4.3 million for its new arcade fighting and skilled-based crypto game. The game will use blockchain and feature NFT's

The winter holiday season is well underway, and several play and earn games are coming with their alphas, new features, NFT rewards, and updates. Also, our favorite characters from childhood, the Smurfs, have shown up in the popular blockchain game The Sandbox. And finally, we see DeGods and Y00ts migrating from Solana to Ethereum and Polygon. We will see how this decision impacts Solana and why Dust Labs took the decision to migrate. Stay with us until the end as we wrap up this week with all of the important updates in one place for you to keep up with what's going on in the Web 3.0 gaming space.

Hackers on the Prowl as $404 Million Lost in Attacks this Month. There is an influx of massive amounts of money hackers try to break in