Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Dive into the gaming future with Bitkraft Ventures' massive $275 million fund aimed at revolutionizing the gaming landscape for developers and players alike. This strategic move not only highlights the fusion of gaming with cutting-edge AI and blockchain technologies but also sets the stage for a new era of interactive and immersive gaming experiences. Get the lowdown on the unique collaboration between 9GAG and Affyn, merging meme culture with blockchain gaming, making waves with their innovative in-game items in Buddy Arena. Don't miss out on Sheepfarm's Adventurefest, a celebration that combines gaming achievements with real-world rewards. Plus, get a sneak peek into Cloudborn, a game that stands out at GDC with its advanced AI NPCs and Web3 features, promising a future where gaming is more than just play—it's an experience. Welcome to the next level of gaming!

MadWorld, an innovative mobile NFT shooter game developed by Carbonated Inc., is setting the stage for a revolution in the gaming industry. With early access registrations open for iOS and Android users, the game uniquely integrates NFT-based territory control elements into its gameplay, allowing players to own, upgrade, and trade tokenized versions of real-world locations. Supported by a robust $11 million investment from industry giants like Com2uS and Andreessen Horowitz, MadWorld combines competitive shooting action with strategic land ownership mechanics. The game is spearheaded by Travis Boatman, a veteran in the mobile gaming sector, emphasizing the potential of mobile platforms to pioneer Web3 technologies. Set in a post-apocalyptic world, it promises a rich narrative and a dynamic, tokenized economy, aiming to bridge engaging gameplay with blockchain's innovative capabilities while navigating regulatory landscapes to ensure consumer protection. MadWorld is poised to redefine mobile gaming, blending traditional elements with groundbreaking blockchain technology as it gears up for its 2024 public launch.

In November, crypto and Web3 projects were booming because venture capitalists poured a lot of money into innovative projects. This was a clear sign of renewed confidence and capital flow. Key players like Brevan Howard and Coinbase Ventures led an investment of $225 million in the cross-chain protocol Wormhole. This shows that people are interested in blockchain interoperability again. Rokid, which is backed by Temasek Holdings, has raised $112 million for its big plan to make the next generation of virtual reality hardware. The article talks about the different types of funding available, such as how BITKRAFT Ventures helps early-stage startups and how big rounds of funding have been given to collaboration platform Baton, Layer-1 protocol Saga, game studio Bazooka Tango, Authentick's new wallet-free collectibles platform, and Web3 exploration platform Intract. Join us for an in-depth look at the funding highlights from November. We'll talk about the important players, game-changing projects, and new trends that are shaping the fast-paced world of crypto and Web3 innovation.

In a dynamic world where gaming has become more than just entertainment, it's essential to stay informed about the latest developments in the play-to-earn gaming industry. Our article delves into the world of renowned games and their exciting updates, featuring prominent names like The Sandbox, Decentraland, Forge, Midnight Society, and Axie Infinity. From new adventures and personalized user experiences to significant funding announcements and thrilling virtual showdowns, we uncover the trends and innovations shaping the future of this ever-evolving gaming genre. Join us on this journey as we explore how these developments are redefining the play-to-earn gaming landscape. In this comprehensive article, we delve into the vibrant and ever-evolving world of play-to-earn gaming. The gaming industry has transcended traditional entertainment, and we're here to keep you updated on the latest trends and noteworthy developments.Our journey begins with The Sandbox, a leading player in the metaverse, and their exciting announcement of a new adventure titled "Dr. Bomkus' Trials". Scheduled for launch on October 25, this adventure presents players with six unique worlds, each offering distinctive time-based challenges and competitive leaderboards. Successful players will have the chance to earn coveted crystals, with the top 1000 competitors also being rewarded with additional SAND tokens. These crystals hold the key to a secret vault teeming with treasures. To participate in this adventure, players need a Bomkus Pass, available for free to LAND and Avatar owners starting from October 20, while others can obtain it on secondary markets to ensure eligibility for these enticing rewards.Then, we pivot to Decentraland, where a groundbreaking feature known as NAME has been introduced. This innovation bids farewell to numerical identifiers, ushering in a more personal and human-like digital experience. Each NAME comes paired with an ENS subdomain, simplifying transactions and enhancing overall user interaction. Moreover, NAME owners can build their own 3D virtual spaces, thereby adding a creative and personal touch to the Decentraland metaverse. These unique names also serve a vital function within Decentraland's decentralized autonomous organization (DAO), empowering users to play a more active role in shaping the platform's future.The gaming revolution continues with Forge, which recently secured an impressive $11 million in seed funding. This financial boost was made possible by industry giants such as Makers Fund and BITKRAFT Ventures, along with contributions from Animoca Brands and others. Forge stands out by rewarding gamers for their skills and, with the launch of their beta platform, introduces players to exciting new quests, allowing them to earn experience points and unlock valuable gaming content. Collaborations with industry leaders further bolster Forge's position, promising a more enriched gaming experience.Our journey takes us to the captivating world of Midnight Society, where the much-anticipated DEADROP Midnight Ride event kicks off from Las Vegas. This event boasts a pre-show at 1 PM PT, followed by a livestream, a thrilling showdown, and a meet-and-greet with the creators. The event's pinnacle is the launch of Deadrop Creator Modes (DCM), which revives classic gaming experiences, offering fans a unique gaming adventure. To streamline the pre-ordering process for the eagerly awaited Deadrop Snapshot VII, Game Access Passes are made available, heralding a new chapter in interactive gaming that blends entertainment and innovation.Finally, we turn our attention to Axie Infinity, which has introduced an exhilarating event called SLP Surge: Chest Rush. This event sees players engage in intense battles over three days, with each victory bringing them closer to SLP Chests. These chests offer the opportunity to win a minimum of 15 SLP or hit the jackpot with 100,000 SLP. The event commenced on October 20, 2023, and will conclude on October 23, 2023, urging players to dive into the Origins world and seize this golden opportunity to secure substantial SLP chests.In conclusion, the play-to-earn gaming universe is teeming with innovation and fresh experiences. From new adventures and personalized features to substantial funding announcements, thrilling virtual showdowns, and rewarding challenges, this gaming genre is evolving and promising a future full of exciting possibilities for gamers worldwide. As the industry continues to redefine itself, it's a dynamic landscape worth keeping a close eye on. Get the scoop on The Sandbox, Decentraland, Forge, Midnight Society, and Axie Infinity - latest in play-to-earn gaming

Sony Game Developers and Ex-EA Developers Comprise Avalon Corp TeamAvalon Corp.'s Digital Universe receives $13 million in funding to launch an AAA project in the Web3, metaverse, and blockchain gamingThe world is molding itself towards the crypto universe for investments as well as the future. Big companies are getting interested in blockchain and metaverse or AAA multiverse and looking for different ways to be a part of it. In a similar effort, Bitkraft Ventures has raised $13 million in funding along with other companies to fund Avalon Corp, a Web3 gaming startup working on Avalon universe. The companies included are Hashed, Delphi Digital, Mechanism Capital, Coinbase Ventures, and others. The round also received funding from some angel investors, including former Microsoft executive Charlie Songhurst and Twitch co-founder Kevin Lin.The big news is their team of developers, has worked in huge tech companies like Electronic Arts, Microsoft, Blizzard, and Sony. The studio's first game will be Avalon, which runs on Unreal Engine 5 and has some MMO and Web3 metaverse elements. However, CEO of Avalon Corp Sean Pinnock and Chief Product Officer Jeffrey Butler told Decrypt in an interview that they don't perceive Avalon as a metaverse. The main reason for the reluctance is how the term has been taken and misapplied in the digital world.Butler remarked of the term "metaverse" that "everyone's kind of leaping onto this word and just pounding the poor word to death," adding that practically every big brand, whether they be a fast food chain or fashion industry, has somehow associated themselves with the creation of their own metaverse.

Bright Star studios fly high with new investment deals. The video games studio is famous for its play to earn MMORPG game Ember Sword