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” Nifty News: Hyundai partners with Meta Kongz, Activision surveys on NFTs, and more “ South Korean automobile manufacturer Hyundai announced today, April 18th, that it has partnered with the Meta Kongz NFT project to create a limited collection of 30 NFTs launching sometime in May 2022. Hyundai also created a new Twitter handle @Hyundai_NFT…
” Dear game developers: Blockchain is not pure evil “ Blockchain-based play-to-earn (P2E) games stole the show in 2021, exploding from a fringe hobby into a major part of the decentralized space. They even helped people in developing economies put food on the table, as these games’ economic models do not shun things like farming in-game…
” Animoca Brands to bet big on MMORPG blockchain games “ Animoca Brands, the parent company of The Sandbox, added Eden Games to its portfolio on Tuesday. Eden Games is a publisher of popular racing games including the Gear.Club and Test Drive series. Animoca hopes this acquisition will enhance its REVV Motorsport ecosystem of blockchain-based racing games on Polygon….
” ‘Natural extension’: Sega’s Super Game project looking to add NFTs “ Japanese gaming giant Sega is looking at integrating cloud technology and NFTs as part of its new “Super Game” project to connect different games to each other. The news has caused a predictable backlash from the crypto-skeptic section of the gaming community, with…
” The aftermath of Axie Infinity’s $650M Ronin Bridge hack “ In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a combined value of over $600 million. The breach on the Ronin bridge…
” Animoca Drives into Crypto Racing Games With Latest Acquisition “ Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is a France-based firm that was founded in 1998. Engine Gaming and Media sold its…
” Blue Chip and Metaverse NFTs propel growth of NFT Market, says Nansen report “ On Tuesday, blockchain data analytics platform Nansen released its quarterly report on the state of nonfungible tokens, or NFTs. The report highlighted the rapid growth of the NFT market over that of the cryptocurrency market year-to-date, and it predicts of an $80…
” Crypto Raiders explains how blockchain gaming attracts new users to Web3 “ At the height of the nonfungible token (NFT) rally in 2021, Sky Mavis, the creator of Axie Infinity, rolled in like the Trojan horse and coined the term play-to-earn (P2E) for blockchain games. Axie Infinity grew in popularity after amassing a $3…
” Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plans “ Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a $2 billion funding round with plans to accelerate the company’s vision to make its mark in the Metaverse. The deal, which is still subject…
” Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks “ Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network. AXS/USD dropped to $46.69 on Monday, its lowest level…