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“# Digital land in Decentraland sells for $913K… to a virtual property developer ” A virtual plot of real estate situated within the Ethereum-based open-world game, Decentraland, has sold for more than $913,000 — valuing the intangible property on par with the average price of a real world house in Brooklyn, New York. Virtual real…
“# Yield Guild Games doubles down on play-to-earn model with $4M funding round ” Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be…
“# Mythical Games raises $75M to speed up NFT gaming ” Los Angeles-based NFT games developer Mythical Games announced a $75 million Series B financing with new and existing investors. The company plans to use the fund to popularize ownership in games through playable nonfungible tokens (NFTs). The funding round was led by WestCap Group….
“# Guild of Guardians pre-game registrations hit 133K as NFT sales surge ” The community behind Guild of Guardians, an NFT-based role-playing game, appears to be enthusiastic about the forthcoming title after they snatched up nearly all of the NFTs that were part of the so-called founder’s sale. Since going live earlier this week, Guild…
“# NFT game developer Animoca Brands completes capital raise at $1B valuation ” NFT-focussed game developer Animoca Brands has announced the completion of an $88,888,888 capital raise based on a valuation of $1 billion. The raise was announced on Thursday, with participants including Kingsway Capital, HashKey Fintech Investment Fund, RIT Capital Partners and Huobi. Up…
“# Atari creates new blockchain division amid leadership shuffle ” Atari has announced the creation of a new blockchain division as part of an organizational shuffle within the company. In a press statement issued on Tuesday, the gaming behemoth revealed the creation of two new divisions — Atari Gaming and Atari Blockchain. The former will…
“# Double jump.tokyo signs up to layer-two scaling solution for NFTs ” Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or NFTs, across all its games. Immutable X is a layer-two solution for the…
“# Number-two gaming DApp raises $2 million in private utility token sale ” Gaming decentralized application Alien Worlds announced on Monday that it had successfully raised $2 million in a sale of its utility token, Trilium (TLM), to selected private investors. Alien Worlds is currently the number-two-ranked gaming DApp by number of users, according to…
“# Unpopular opinion? The problem with blockchain gaming is blockchain ” The use of blockchain in crypto-based games could be a hinderance to the adoption as well as an exciting unique selling point. Now, before you start taking up your decentralized pitchforks and demanding that I be immediately chased out of Blockland and never spoken…
“# Decentralized esports tournament series looks to bring traditional gamers to crypto ” Non-fungible token-focused investment firm Polyient Games is launching a new online tournament to introduce mainstream gamers to the crypto space. In an announcement today, Polyient Games said it would be partnering with esports tournament platform Community Gaming for a $100,000 series featuring…