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.