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“# RPG adventure game Illuvium boosted by $2M gaming guild fundraise ” Polemos, a play-to-earn (P2E) gaming guild specialized in NFT games, has raised $2 million in a strategic funding round to focus on its open-world role-playing game. Soon-to-be-launched as an open beta in Q1 2022, Illuvium is an open-world RPG adventure game built on…
“# $500M blockchain gaming proposal Game7 to come online with backing from industry veterans ” As outlined in a prepared statement obtained by Cointelegraph, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers worldwide to the blockchain ecosystem. Entities backing the proposal include BitDAO,…
“# Xbox head Phil Spencer is skeptical about NFTs in video games ” Phil Spencer, Microsoft’s head of gaming, commented on his skepticism towards nonfungible tokens, or NFTs, in an interview with Axios: “What I’d say today on NFT, all up, is I think there’s a lot of speculation and experimentation that’s happening, and that…
“# Small-cap altcoins stage a recovery as Bitcoin traders aim to recapture $60K ” The fortitude of Bitcoin (BTC) holders continues to be tested on Nov. 17 as a number of attempts to push the price to $59,000 and below grow. This level has been well defended by bulls but analysts are still watching for…
“# Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend ” Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red. Best-performing crypto sector…
“# Nifty News: YGG partners with 8 P2E games, Ice Cube and Quiznos drop NFTs ” Decentralized gaming guild Yield Guild Games (YGG) has partnered with, and invested in, eight new play-to-earn (P2E) blockchain games. YGG lends out nonfungible token (NFT) gaming assets to Guild players so that they can earn rewards from a long…
“# Sandbox Metaverse Alpha launches Nov. 29 after four years in development ” Animoca Brands’ virtual property and gaming firm The Sandbox is opening up part of its Metaverse to players for the first time via a multi-week play-to-earn (P2E) Alpha event. But only a handful of lucky players will get to enjoy the full…
“# IoTeX ‘MachineFi’ rebrand backs 200%+ rally to a new all-time high ” In the past 30 years, the growth of the internet and digital technology has transformed the way the world operates and now artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a…
“# Axie Infinity guild CGU helps players enter the fantasy play-to-earn NFT game with ‘scholarships’ ” Axie Infinity, a monster-battling NFT game, has been gaining a lot of traction with over $600 million Axies bought and sold in the past month. Each Axie is a nonfungible token, or NFT, minted on the Ethereum (ETH) blockchain. Similar…
“# 5 reasons why blockchain-based gaming economies are the future ” Anyone who hasn’t been living under a rock is probably aware that the gaming industry has been on an absolute tear. It’s one of the industries that has benefited from the COVID-19 pandemic in a big way. That said, the average investor might not…