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

The global blockchain gaming market is projected to reach USD 65.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 70.3% from its estimated value of USD 4.6 billion in 2022. Blockchain gaming, the convergence of blockchain technology and the gaming industry, has experienced rapid growth and shows immense potential for the future. This emerging field has captured the attention of both gamers and developers alike, as it offers opportunities to transform the gaming experience, introduce novel revenue streams, and enhance security measures. In this article, we delve into the current state of blockchain gaming and explore forecasts for its industry in 2023.

According to recently confirmed reports, this year’s Super Bowl will not feature any crypto advertisement. The advertisement deals fell apart due to FTX’s collapse and resultant bankruptcy. Fox Sports confirmed the news by saying that this year there is “Zero representation” for crypto companies in the ad lineup.

Blockchain-based game developers and other Web3 companies had quite a run with Super Bowl last year. This year’s Super Bowl LVII will see Limit Break, a blockchain-based game developer, showcasing its Web3 project in front of millions of people.

Blockchain Technology, Video Games equals Earning Opportunities for every gamer! Play To Earn (P2E) Opportunities are all over in 2022.

Five NFT Games 2022 to look forward. The games of the future that have taken the internet by storm have several names to them!

The gaming industry is discussing NFT. Know what?As a gamer, you've probably heard the term NFTs in the last year or so. It's confusing. NFTs have to do with cryptocurrencies and the blockchain, but why are they being linked to games? Why are video game publishers are now creating NFT-based games? What do gamers have to do with N-FT's? I mean what are NFT's? Many do not know about it. The answer lies in the interdisciplinary barren and drylands of the economy and computer sciences. Bear with us today, as we will answer all your questions.

Trailblazer Games Raises $8.2 M for its Blockchain Game Eternal Dragons. Singapore-based gaming studio decides technology in web3

Ubisoft pushes further with its plans with NFTs and blockchain by partnering up with Aleph.im. The partnership will bring playable NFTs

French hyper-casual game company Voodoo announces that it plans to make massive investments in blockchain-based mobile games.

China’s offensive against crypto-related things continues and now it has warned its citizens via state television.

Gala Games has made tremendous efforts and progress when it comes to blockchain technology and gaming. C2 Ventures Launch $100 Fund w/ Gala

Ubisoft launch NFT's for its games starting from Ghost Recon: Breakpoint. The NFTs in Ghost Recon Breakpoint are unique virtual collectibles

Animoca Brands and Binance Smart Chain joined hands to launch a $200 million investment program to facilitate crypto gaming startups.

Play Ventures sets up the Play Future Fund and puts $75 million into blockchain gaming.A gaming venture capital company called Play Ventures has raised $75 million for a blockchain gaming fund called the Play Future Fund. The fund will put money into blockchain gaming startup projects and web3 startups. Singapore-based Play Ventures has put money into three companies: Community Gaming, ReNFT, and GuildFi. All three projects have something to do with blockchain gaming, and Community Gaming is using NFTs and blockchain to run a tournament.

The funding for Forte came when other NFT gaming companies have crossed the $1 billion valuations. Some companies reached unicorn status