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” Former head of TikTok gaming leaves Web2 to build core Web3 protocol “ Cointelegraph had the opportunity to chat with Jason Fung, former head of gaming at TikTok, about his new company Meta0, why he decided to make the leap into Web3 and what he feels the future has in store for him. The…
” VC firm Konvoy launches new $150M fund, eyes blockchain-based games “ Venture capital firm Konvoy Ventures is set to fork out at least $30 million to back various cryptocurrency and blockchain-based games. The American firm announced the launch of Konvoy Fund III, with $150 million in capital that it plans to invest in a…
” Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more “ Polium, a company that markets itself as “building the products and infrastructure for Web3 gaming,” has said it’s launching a gaming console that will support multiple blockchains and nonfungible tokens (NFTs). The…
” GameFi continues to grow despite crypto winter: DappRadar report “ Blockchain games were the subject of the latest DappRadar x BGA Games Report #5, published on Tuesday. The report looked at healthy ecosystems and investments coming into the GameFi and metaverse markets. Several projects were covered in detail in the report, which outlined their…
” Legal battle avoided after YGG and Merit Circle DAO agree to a deal “ A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd and Yield Guild Games (YGG) after the organizations reached a deal after the DAO originally voted to remove YGG. Merit…
” Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace “ Major toy brand Mattel has signed a multi-year partnership with forthcoming toy-focused non-fungible token (NFT) marketplace Cryptoys to exclusively feature its brands on the platform. Cryptoys is expected to launch in late summer 2022 on the Flow (FLOW) blockchain and is the flagship product…
” Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea “ Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea. In addition to supporting projects built on Solana (SOL),…
” Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games “ Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its virtual NFT-based horse racing and wagering game. The latest move from Budweiser adds to the $120,000 it spent on NFT fan art and the…
” Metaverse tokens up 400% year on year despite altcoin bloodbath “ Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%, Axie Infinity (AXS) up 511%, and STEPN (GMT) up 746% according to…
” $72M Illuvium NFT Land Dutch auction saves buyers thousands on gas fees “ Open-world blockchain game Illuvium managed to keep the average transaction fee for its nonfungible token (NFT) Land at about $20 by holding the Dutch auction on the Illuvium X Layer-2 scaling solution. The price to mint the NFTs was a fraction…