Sega trademarked the concept of its own NFTs at the peak of the last bull market, but now it’s returning to the sidelines
Play-to-earn gaming forms a high barrier to entry by default and severely hinders a game’s ability to grow
Outside of gaming, crypto funding was quieter than usual this past week, but investors are still committing to startups building in the space
GameFi is the integration of gaming and finance and is often framed as an essential stepping stone to the metaverse. We sat down with Blockworks reporter Ornella Hernandez to ask if current market conditions have changed this thesis.
Grant Haseley, a former Goldman Sachs analyst, breaks down what’s changed in GameFi and what’s attracting venture capitalists to the sector
The game’s struggles call the sustainability of play-to-earn gaming into question
Blockworks Exclusive: The startup, which runs on the Polygon blockchain, rolled out its own crypto wallet earlier this year
Blockworks Exclusive: The startup, Factor6 Capital, plans to start trading outside capital early next month
The announcement comes exactly two months after Brinc closed a $130 million funding raise led by Animoca
The new fund will be called Mechanism Play and will focus entirely on gaming investments and direct partnerships with studios to develop new games, the firm said in a statement
The popular play-to-earn game intends to launch its battle experience, Origins, and a land-based gaming experience, Project K, as well as update graphics, animations and gameplay
“It’s likely that gaming is the introduction for most people into some sort of durable digital assets,” Kan told Blockworks
Industry experts weigh in on blockchain gaming predictions for 2022 which include a potential market correction, an uncertain regulatory environment and onboarding millions of more users
Solana has had a wild week with the network freezing up on the backs of a popular IDO and announcements from Galaxy Digital and a Fed Decision
The capital will also go towards NFT projects, blockchain-based games and other decentralized apps, according to the Seychelles-based company.
There’s a “decent probability” NFTs could be the driving force to crypto adoption, the FTX boss said.