blockchain gaming
SludgeFeed Joins Hands with OpenSea for Seamless Adoption of Blockchain Gaming
SludgeFeed, a platform in the blockchain gaming sector, has collaborated with OpenSea, a notable digital marketplace for crypto collectibles, to propel the adoption of blockchain gaming by presenting relevant items on its structure.
Malta-Based Lawyer Joseph Borg Says Blockchain is the Future of Gaming
Blockchain has begun to transform the way consumers interact with games. It has introduced an emerging gaming trend: blockchain games that give the possibility to earn for both owners and players. Today, these types of games are causal and built on exchanging and collecting operations. However, the potential power of blockchain for the gaming industry is huge.
Ethereum and Formula 1 Racing Team Up for Blockchain-Based Gaming
In-game purchasing and item collection has seen growing popularity in the gaming industry. Gamers are investing time and money into attaining the best items money can buy.
Cryptocurrency is Highly Influencing the Gaming Industry
Cryptocurrency is said to be the payment of the future. Since the introduction of Bitcoin in 2009, many industries have incorporated and accepted cryptocurrency as a reliable option for payment. With rising competition and seeing the concrete future in the business of digital currency, many cryptocurrency service providers are available to choose from.
Japan’s Double Jump.Tokyo Raises $24m to Scale Blockchain Gaming Products
Double Jump.Tokyo is targeting to partner with major game developers. The Japanese blockchain company has raised $24 million in a Series C funding round.
Animoca Brands Cuts Metaverse Fund Target to $800M
Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.
South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations
South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.
WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund
WEMIX PTE. LTD. has invested in five Chinese game developers through a $30 million blockchain game-specialized fund, created with Mirana Ventures. This move aims to nurture blockchain gaming enterprises and expand the WEMIX3.0 ecosystem. The fund, part of a joint initiative with Mirana Ventures, an investment division of Bybit, has already utilized $6.4 million. The investees, working on diverse game genres, will feature their games on WEMIX PLAY, a blockchain game platform under WEMIX3.0.
75% Investors Joins Crypto Space due to GameFi, Survey Shows
Despite the recent market crash might discourage investors. A survey shows that 75% of investors join the crypto space due to GameFi.=
Blockchain Gaming is Having a market caps increment
The research also found that top gaming token market capitalization rose 122% in January.
Bored Ape Yacht Club wins legal battle, Mandala Metaverse selects Polkadot, Square Enix partners with Elixir Games, and Cricket Stars launches on Tezos
Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT collection, have won a legal battle against Ryder Ripps and Jeremy Cahen, the creators of the RR/BAYC NFT collection. Mandala Metaverse has chosen Polkadot to host its first major NFT drop, called the "Cryptonauts". Square Enix has partnered with Elixir Games to bring blockchain gaming to the mainstream. Cricket Stars, a multiplayer NFT cricket strategy game, has been launched on the Tezos blockchain.
Bored Ape Yacht Club wins legal battle
Bored Ape Yacht Club (BAYC) creator Yuga Labs has won a legal battle against copycat non-fungible token (NFT) project RR/BAYC. The United States District Court found that the co-creators of RR/BAYC had infringed Yuga Labs’ trademarks, and Yuga Labs is entitled to an injunction and damages. In other news, Mandala Metaverse has chosen Polkadot to host its first major NFT drop, Final Fantasy developer Square Enix has partnered with Elixir Games for blockchain gaming, and a free-to-play multiplayer NFT cricket strategy game called Cricket Stars has launched on the Tezos blockchain.
Polygon Emerges as Second-Largest Blockchain Gaming Network
In March, Polygon saw a surge in user activity, making it the second-largest blockchain gaming network in terms of unique active wallets. Polygon's Hunters On-Chain game, which has seen a 17,000% UAW increase in the past 30 days alone, was a significant contributor to this surge. Polygon's NFT integrations and partnerships with big-name companies like Warner Music, Starbucks, and Reddit have also contributed to its bullish momentum.
Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030
The blockchain gaming market is predicted to surge from $154.46 billion in 2023 to $614.91 billion by 2030, fueled by trends like DAOs, crypto adoption, AR/VR, cloud gaming, and creative collaborations.
Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.
FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption
FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.
Ubisoft to Launch Blockchain-Based Collectibles to Support UNICEF
Ubisoft, the French-based video gaming company has launched blockchain-based collectibles in a bid to raise funds for UNICEF. Cryptocurrencies are taking the lead in fundraisers particularly due to their anonymous nature.
Gamers Invest Just Over 1 Million USD In Blockchain for Virtual Real Estate
Investing in real estate is what many call a sound investment, however, does this also apply to virtual seaside views and luxury apartments in the gaming worlds as well?
Korean Blockchain Games Are Becoming More Mainstream in Global Markets
The latest Game “Crypto Legends” and “Knights Story” developed by Weneepl and Biscuit gaming have been released into the markets with a large demand happening all across the world. In Korea due to market rulings and regulations, the games are not in full availability in Korea, but booming abroad.
Litecoin And Atari Bring the Highly Anticipated Atari Token to The Market
US videogame producer Atari has partnered with Litecoin to facilitate cryptocurrency usage and payments across its gaming ecosystem.
SiGMA Europe Virtual Expo will focus on the European gaming and tech marketplace
SiGMA Group is excited to announce the launch of their November event, SiGMA Europe Virtual Expo. The online event, which runs from the 24th to 25th, will focus on the European gaming and tech marketplace.