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

Ultra Games is a top-tier gaming ecosystem that was started by industry veterans from Ubisoft, Playstation, and Nintendo. Smartoys store owner CLD Distribution worked with Ultra Games to make Ultra Arena. This new esports tournament platform is designed to give players of all skill levels the chance to compete in Web3 games and win different prizes. There will be tournaments for popular games like League of Legends, Overwatch 2, CSGO, PUBG, and others. Prizes will include digital games, collectibles, licensed products in the real world, and the $UOS ecosystem token. The goal of the platform is to build a strong sense of community in the gaming world by bringing together gamers, publishers, esports organizations, and brands.

A well-known web3 game developer, Delabs, has been able to raise $4.7 million to speed up the development of its blockchain-based games, like "Rumble Racing Star." The game passed a test for which people had to be invited and give positive feedback. With programs like Rumble Racing Star, Space Frontier, and Meta Bolts, Delabs hopes to get more people to join its community. The fact that well-known investors took part in the funding round shows that Web3 and its potential in the gaming industry are becoming more popular. Delabs focuses on giving players true digital ownership of in-game assets so that they can have the best gaming experience possible. The company's diverse group of producers and artists makes sure that the games are of high quality and easy to use.

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.

Web3 gaming is changing the way people play games with blockchain, NFTs, and play-to-earn systems. This billion-dollar market that is growing quickly is changing the way the business world works. It's important to know about Web3 networks, non-fungible tokens (NFTs), and smart contracts. Games stand out because they have different ways to play, NFTs for in-game items, and play-to-earn incentives. The fact that Web3 is decentralized makes sure that assets are owned by the right people and that everything is clear. Building a strong community is important, and communication and trust are key parts of that. Interoperability makes it easy to move assets from one game to another. Scalability, user experience, strategic partnerships, and marketing must all be top priorities for success. By using "play-to-earn," players can turn their experiences into money. Web3 gaming has a bright future with a lot of growth and potential.

With "McNuggets Land" in The Sandbox, an Ethereum-based virtual gaming platform, McDonald's Hong Kong has made its first step into the metaverse. The goal of the collaboration is to find out what Web3 and virtual worlds can do so that people can interact with McDonald's in new ways. Even though people have different opinions, this move is the fast food giant's attempt to connect with its customers all over the world by taking advantage of how popular Web3 and NFTs are. McNuggets Land is a fun place to celebrate the 40th anniversary of Chicken McNuggets. It has characters made out of McNuggets and classic McDonald's mascots. Players can finish quests to get rewards in the real world and on the blockchain.

Ubunation, a new web3 platform based on community and positive change, is launching an exclusive NFT drop for early supporters and NFT fans. The Founders Badge NFT drop is set for July 30, 2023, and will give people the chance to become founding members of UBUNTION. This one-of-a-kind chance gives them access to a wide range of unique benefits, making them part of an elite group of people who benefit from the UBUNTION community. The platform focuses on a good cause in the web3 domain. This lets people in the web3 community become influential founding members and help the project succeed. Keep an eye out for this fun event and take advantage of the chance to be a part of something really special.

Together with Immutable, Eyeball Games was able to get $1.5 million in pre-seed funding for the development of the NFT-based game Eyeball Pool. White Star Capital led the fundraising round, which also included Polygon Ventures, Ocular, Great South Gate Ventures, and well-known angel investors. White Star Capital put money into the round from its Digital Asset Fund, which is backed by Ubisoft. Eyeball Pool was made by the same people who made the popular mobile game 8 Ball Pool. It aims to bring pool games into the 21st century with Web3 features and full asset ownership. The game will come out in a few months, but only NFT owners will be able to take part in a closed beta test before the official mobile launch in the first quarter of 2024.

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.

Solana Labs has made GameShift API, an innovative web3 tool that makes making games easier and gives NFT solutions. GameShift was started by the original creators and developers of the Solana blockchain network. It gives game developers access to third-party crypto applications, making it easier for them to make games on the Solana platform and move existing games to the network without any problems. Play-to-own features and other web3 elements can be added to games using the API. This lets game developers add a "ownership layer" using blockchain technology. With Solana's network, players can really own in-game items as NFTs and trade them freely, breaking out of traditional games' walled gardens.

Ubisoft, the game developer that made Assassin's Creed, is now working with Cronos as a node validator. This makes Ubisoft a bigger part of the NFT gaming world. With this partnership, Ubisoft is joining yet another blockchain network, which shows how committed the company is to using cutting-edge technology. Cronos is happy to announce that gaming giant Ubisoft will join the Cronos network as a validator. The company has promised to support and promote the Cronos network. Ubisoft will run a node on the open-source platform that works with both Ethereum and Cosmos. This will make sure that the network works well and is safe. Ubisoft is working with 27 other well-known validators, such as Crypto.com and Blockdaemon, to create and verify blocks as part of a decentralized gaming landscape.

Own The Zone is a revolutionary Web3 women's football game introduced for the FIFA Women's World Cup AU NZ 2023. Developed by Reality+ and OTZ Sports, it leverages blockchain technology and real-time data to provide an unparalleled gaming experience. Players can strategize and make decisions based on live match data, offering an immersive football management experience. The game's integration of Non-Fungible Tokens (NFTs) enables players to collect unique digital assets and earn rewards, enhancing their engagement. Own The Zone fosters community building, allowing enthusiasts to showcase their expertise and unite football fans worldwide in celebrating the excitement of women's football.

Web3 technology is changing the gaming industry by shifting the focus from creators to players. It does this by giving players ownership of in-game assets and the chance to make money in the real world. The Web3 gaming industry is driven by decentralization, security, tokenization, and ownership, and it is expected to be worth more than $200 billion by the end of 2023. Web3 makes it possible for players to make money from their digital assets by making games more immersive and interactive. Scalability, on the other hand, is still a problem that needs money and new technology to solve. Web3 isn't just the way things will be in the future; it's already here, making it possible to decentralize and cut out middlemen. Blockchain technology can't be separated from Web3, which is changing the way games are played.

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.

Ember Sword, a much-anticipated Web3 MMORPG, is getting ready for another alpha land sale. After their last sale, which brought in a whopping $701,000, Bright Star Studios is confident that they will be able to raise a lot of money. At the last sale, there were 4,000 buyers. Demand was so high that the sale sold out in just six hours. In response to what people say, the game's creators are always updating the game's content to make it better overall. Ember Sword stands out from other web3 game studios because it combines NFT land sales with exciting new features. This makes it a promising new game.

Space Nation Online is a groundbreaking Web3 MMO game that is making a name for itself in the gaming industry. This new game was made by veterans of the video game and movie industries, and it promises to be an experience like no other. In an exclusive interview, Space Nation CEO Jerome Wu says that the game's complex plot will be revealed during the upcoming week-long alpha test, giving players a chance to learn about the history of a new human society. As they interact with non-player characters, go on missions, build ships, and collect items, players will see their characters grow and enjoy talking to other players in the game's dynamic environment. Space Nation Online will take you on a trip into the future of games.