Companies like Temasek, Xterio, and others have allotted around $750 million to blockchain games and startups Metaverse since the beginning of August. According to a report by data collection and analysis company DappRadar, Web3-based games and Metaverse projects have raised $748 million since August 1, 2022. Last month, an average of 847,000 Single Active Wallet (UAW) Daily Engagement with Blockchain Games, 11 % decrease compared to July. One of the most popular games in the field – Axie Infinity – surpassed $4 billion in all-time NFT revenue, while an additional 36,000 people joined as daily ..read more

After first raising concerns about the wallet, Michael Benko said he was happy to finally get an official answer about the whale’s mysterious wallet. After much speculation, the wallet containing over 22 billion of Axie Infinity’s Smooth Love Potion (SLP) in-game token supply has been identified as an address belonging to Binance. Axie Infinity player and tech co-founder Michael Benko highlighted the first wallet, who raised concerns about it having more than 50% of SLP’s total circulating supply, which could potentially affect game ecosystem. Following a Cointelegraph report on the matter, Ax ..read more

Online gaming is taking on a new shape and form, with many metaverse games powered by blockchain technology. Metaverse is a noble concept of a completely virtual world where people can interact with each other, just like in the real world. In many ways, video games are pioneers in many of the things the metaverse is looking to incorporate, such as avatars, virtual currency, and trading in virtual items. Let’s take a look at five exciting metaverse games, starting with the three most popular and two coming soon that you can play this year! Top Metaverse Games 1. Decentraland Decentraland is a g ..read more

Today, the gaming industry is valued at around $175 billion and is predicted to surpass $200 billion by 2023. Meanwhile, another industry, cryptocurrency, is constantly evolving and expanding. . With a huge market share coupled with the versatility of cryptocurrencies, it is inevitable that these two trends will come together to create GameFi. What is GameFi? Simply put, GameFi is the incorporation of games into finance. It is a platform where users can earn money through playing games. GameFi covers a wide variety of games, rules and structures so it will not be limited to any particular tech ..read more

Ancient8 is happy to announce a strategic partnership with Puzzle Royale, an engaging GameFi RPG with a strong community. Partnership Announcement @PuzzleRoyale is partnering with @Ancient8_gg the biggest #P2E guild in Vietnam We are so grateful for the opportunity to work with your team and excited to bring refreshing gameplay to your community. Read more herehttps://t.co/SRtJ2zDYLd pic.twitter.com/G5OfSYsKN1 — Puzzle Royale (@PuzzleRoyale) February 14, 2022 Puzzle Royale – Summon, Battle, Conquer! The High King’s death brought down the barrier between the universes, and a war broke ou ..read more

Axie Infinity has just announced the launch of the RON token according to a latest tweet on the evening of January 27. The mission of renowned game developer Sky Mavis is to create an immersive, fun and rewarding gaming experiences for everyone. This is best facilitated on open, decentralized platforms that allow everyone to contribute, work and grow as a community. Ronin is a core component of this platform, designed to address the severe transaction bottlenecks encountered during the build and expansion of flagship NFT game Axie Infinity over the past 4 years. After much success, Axie Infini ..read more

As a blockchain-based trading card game, DracooMaster is under the spotlight. The rich gameplay experience it brings to players has made it absolutely one of the most favored blockchain games on the market. Now to cater to players at competitive levels, DracooMaster is across its world its first-time-ever tournament, officially named Dracoo Champion Series 2022. According to reports, multiple prestigious universities Europe, America, Oceania and Southeast Asia have professed their interest in compete in this tournament. The Champion Series page on DracooMaster’s official website shows that the ..read more

Sky Mavis, the parent company of Axie Infinity, has announced that it will focus all its efforts on developing a free-to-play version called Origin. According to the plan, Sky Mavis will close the Axie Infinity Classic version (aka Axie Infinity V2) after season 21 of the game, which ended on June 24. After the closure, Sky Mavis will continue to develop a free-to-play version, Axie Infinity Origin, in order to “develop its full potential“. The closing of the “Classic” version comes at a time when user activity in Axie Infinity has decreased significantly. Today, the daily player count of the ..read more

Rob Schmitt of Toucan Protocol believes that blockchain games (GameFi) could have a much better environmental reputation if games integrated carbon offsets. Nonfungible tokens (NFTs) and blockchain technology have developed an unfortunate stigma in some parts of the community because of their adverse environmental impact – but can that perception be changed by integration carbon offset into the NFT game? GameFi, or gaming finance, combines with NFT and gaming. According to app tracker DappRadar, blockchain games account for nearly $12 million daily from over a million players. Toucan Protocol ..read more

The GameFi and Metaverse industries are slowly losing traction as time goes on, but as the market faces a sudden rebound, Axie Infinity (AXS) has faced a sudden price increase after introducing a some new features in the market are recovering. Axie Infinity introduces community coffers and “progressive decentralization” One of the fundamental reasons behind the strong growth can be tied to the presentation of how the Axie Community Treasury is being managed. Previously, the project reported that it had grown to $1 billion in value thanks to the growth of both the project and the GameFi industr ..read more