GAMEFI
Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO
Animoca Brands CEO, Yat Siu sees the GameFi ecosystem as a major avenue to welcome people into the new economy the metaverse is creating
Bybit-Backed Gaming Platform Enters the Web3 World for Enhanced Experience
Yeeha Games, a $50 million-funded GameFi platform backed by crypto exchange Bybit, has entered the Web3 world to act as the bridge between gaming and finance (GameFi) and traditional gaming.
GameFi Industry Expected to Reach $2.8B by 2028
A study shows the growth and adoption of the crypto GameFi business are expected to make the game-earning NFT gaming industry reach $2.8 billion by 2028.
Gamefi 'Land of Conquest' gets Backing from Huobi Ventures, to Start Beta Version in Aug
Blockchain game development company Land of Conquest received investment from Huobi Ventures.
KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.
Animoca Brands Subsidiary Lympo Launches SPORT Token
Animoca Brands subsidiary Lympo launched the SPORT token to replace the Lympo utility token LMT.
Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund
To expand the blockchain ecosystem, UAE-based venture capital firm Cypher Capital has launched a $100 million seed fund with a special interest in digital asset investments.
Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.
HolyShxxt!'s NFT and Future GameFi plans Shows HK's Potential
Hong Kong-based non-fungible token (NFT) and blockchain developer HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.
Korean Government Reportedly Asks Google and Apple to Remove P2E Gaming Apps
Crackdowns targeting blockchain and cryptocurrency affiliated entities are taking a new twist in South Korea as the government has started blocking play-2-earn (P2E) gaming apps.
Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership
Following Kikitrade's plan to widen its participation in the blockchain gaming and non-fungible token market, Hong Kong-based startup firm Animoca Brands has increased its shareholding to become the second-largest shareholder.