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

The health and fitness industry has long been searching for ways to motivate people to get moving. While there are countless workout apps, gyms, and fitness studios available, the sedentary lifestyle of modern-day society has still left much to be desired. That's where Walken comes in - a move-to-earn mobile app that uses blockchain technology and NFTs to incentivize movement. Walken captures the step counts from your smart devices and rewards you with WLKN tokens, the native game currency. The app has released its roadmap, covering some of the important aspects of the game. While many move-to-earn games have a similar ecosystem, Walken is doing something differently. For one, they are introducing better localization support, adding seven additional languages. Additionally, 60 million tokens from the community pool reinvested into the M2E game, which is a game changer, bringing more value to the ecosystem.

In recent years, the Esports industry has been one of the fastest-growing ones, and by 2022, it is expected to make more than $1 billion. But there will be problems along the way, as there are in any industry that grows quickly. In recent years, the esports industry has had to deal with some big economic problems, and the ongoing pandemic has only made these problems worse. Community Gaming, a Web3 platform for esports tournaments, just announced that it has let go of 17 employees, which is just over 17% of the company's staff. The move comes at a time when the esports industry is still having trouble. In the past few months, it has forced other businesses and sports teams to make similar decisions. Community Gaming is still hopeful that Web3 solutions could help esports organizations get through the recession.

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.

Attention gamers! This week's Super Sunday roundup of the latest Web3 gaming news is here. Get ready for exciting launches, betas, and platforms from Polygon, ArcheWorld, Mighty Action Heroes, LimeWire, Mojo Melee, Gala Music, and Razer. From free mint events and land sales to open betas and early access, there's a lot going on in the world of blockchain games. Don't miss out on the latest updates and developments. Read on to get all the details!

The early 2000s was a revolutionary period for the music industry as it saw the rise of peer-to-peer file-sharing services like LimeWire. LimeWire allowed users to share and download music and movies for free, which was a game-changer at the time. However, with the rise of digital music platforms like iTunes, LimeWire became obsolete and shut down in 2010. Fast forward to 2023, LimeWire has been resurrected in Web3, and a music-downloading game called the LimeWire Game has been released. The game simulates an old Windows operating system with LimeWire software running. It allows players to relive the nostalgia of the early 2000s.

Even though everyone is making more Web3 games, there is no doubt that Asian games could take up a big part of the market. Asia is expected to make up more than 80% of Web3 gaming, since Asia is the best at making games and has a large and growing number of Internet users. That's a huge number, especially considering how hard it is to play games in these places.

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.

Web3 gaming is an exciting and rapidly evolving space, and one content creator who has quickly made a name for himself in the industry is Brycent. With his daily streams and sharp industry commentary, Brycent has become a knowledge base for newcomers in Web3 gaming and NFTs. His commitment to iteration, soliciting feedback, creating with consistency, and embracing the possibility of failure has earned him a loyal following of over 300,000 followers across Twitter, YouTube, and Twitch.

Web3 gaming is changing how we play online, with new rewards, asset ownership, and community interactions. This article explains what Web3 is, how it relates to gaming, and why it matters. Web3 is the latest version of the internet, also known as the decentralized web, which builds on the concepts of Web1 and Web2 by adding decentralized technologies like blockchain and peer-to-peer networking for a more open and secure internet.

The DappRadar report reveals that the Web3 gaming industry raised $739 million in Q1 2023, with $434 million in March alone. Good funding is essential for Web3 games to succeed, with half of March's investment ($214 million) going towards game and metaverse companies, and $159 million to infrastructure firms. Though there was an 8.58% decline in daily unique active wallets (dUAW), gaming still accounts for nearly half (45.6%) of the Web3 industry. The report suggests that the Web3 gaming industry is thriving, with significant investment and opportunities for future growth and development.

The gaming industry has seen tremendous growth in recent years, with an increasing number of people turning to gaming as a form of entertainment. The rise of Web3 gaming has brought about new opportunities and challenges for the industry. One of the most promising projects in this field is the Meta Masters Guild’s Expansive Gaming Ecosystem. It aims to create a decentralized platform for gamers, game developers, and game publishers to interact and collaborate. The ecosystem consists of several components, such as a gaming marketplace, a token system, and a community platform.

The Web3 industry is growing at an impressive rate, but what does the future hold for Web3, AI, and ML on industries? The Web3 industry is growing and thriving at an impressive rate. Especially in the last six months or so, we've seen a lot of Web3 projects and games make it to the market or the announcement board. At the moment, experts in the field are talking about the common problems and challenges with integrating digital wallets, merging smart contracts, NFTs, decentralizing projects, and combining them.

The Superb Games team launches Superb Wallet for Web3 games and gamers supporting seamless transactions as well as a transition from Web2 to Web3.The world of blockchain gaming has seen a surge in popularity in recent years, but it still remains a complex and intimidating space for many gamers. For too long, the trials and tribulations of trying to play a typical Web3 game have involved creating a wallet, connecting it to the game, transferring cryptocurrency, purchasing an NFT, and buying in-game tokens. This cumbersome process has deterred many gamers from entering the world of Web3 gaming.

Ultra, the web3-powered video gaming entertainment platform, has announced the launch of Ultra Games, a next-generation games store for PC and web3 PC titles. The creators of this product are industry professionals who have worked at top gaming companies such as Ubisoft, Wargaming, Playstation, and Nintendo. The platform aims to reduce fees, create new revenue streams for developers, and offer unique community-building and engagement features.