‘The social benefits are huge’ — Web3 gaming to shift digital ownership

There is no substitute for experience. Even when an experience can feel regrettable, like getting your brother’s Runescape account banned. Robbie Ferguson grew up as an avid gamer, accumulating thousands of hours playing his favorite games. One fateful day, he logged into Runescape and set in motion a series of events that would forever change … Read more

GameFi continues to grow despite crypto winter: DappRadar report

Blockchain games were the subject of the latest DappRadar x BGA Games Report #5, published on Tuesday. The report looked at healthy ecosystems and investments coming into the GameFi and metaverse markets. Several projects were covered in detail in the report, which outlined their continued success and growth. Splinterlands, Illuvium, Galaverse and STEPN have continued … Read more

Scams in GameFi: How to identify toxic NFT gaming projects

Over the last couple of years, games using blockchain technology have been actively developing and attracting new players, and the decentralized games market — broadly referred to as GameFi — has gained great popularity.  The GameFi industry started back in 2013, and since then, the sphere has been slowly developing, but in 2021 the popularity … Read more

Axie Infinity: AXS price risks deeper losses despite 90% drawdown already

Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below. Low … Read more

Here’s how the Metaverse enables inclusivity for genderqueer people

In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant. It warrants a discussion on digital citizenship and the “inclusivity” of individuals and their identities in the virtual realm, and … Read more

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea – Bitcoin News

Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and … Read more

WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a gaming protocol that operates on the Klaytn network, aims to get in on the GameFi revolution and this week, the project’s native token (WEMIX) rallied even … Read more

GPU prices are still on a decline: Is Bitcoin’s sorrow gamers’ joy?

The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago. For instance, the price of a GPU from Nvidia GeForce … Read more

A16z Launches $600 Million Web3 Gaming Focused Fund – Bitcoin News

A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements … Read more

Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX – Bitcoin News

Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company and co-founder … Read more