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

In the world of gaming, big changes are happening. Companies like Sony are using something called blockchain to make buying games safer. Games now let you earn real money or special items, known as NFTs, just by playing. This is called play-to-earn. Also, games are becoming more welcoming for everyone, including more female gamers and creating characters and stories that reflect a diverse range of people. New technologies, like AI, are making game characters smarter and more lifelike. Plus, with cross-play, you can play with friends no matter what device you're using. Exciting games like "Everdome" and "StarHeroes" are bringing new adventures, and platforms like "The Sandbox" are allowing players to create their own game worlds. All these advancements mean gaming is not just for fun anymore; it's a place where you can earn, learn, and connect with others from all over the world.

In a groundbreaking development for the gaming world, Moxy.io, a forward-thinking blockchain-powered gaming infrastructure provider, has announced a strategic partnership with GDA Capital, a globally recognized leader in digital assets and blockchain investment. This collaboration is set to significantly impact the competitive gaming landscape by integrating blockchain technology to enhance gaming experiences, reward systems, and community engagement. With the investment from GDA Capital, Moxy.io plans to leverage these new resources to further innovate and expand its platform, bringing the benefits of blockchain to gamers worldwide. Michael Gord, founder and CEO of GDA Capital, will be joining Moxy as the Head of Web3, bringing his vast expertise to help drive Moxy’s web3 initiatives. This partnership symbolizes a pivotal shift in the gaming industry, aiming to set new standards for innovation and adoption of blockchain technology in gaming, and promising a more immersive, rewarding, and connected gaming ecosystem for players everywhere.

In a dynamic leap forward for the gaming industry, significant funding rounds and strategic investments are setting the stage for a revolutionary future. Studio 369's MetalCore, a groundbreaking blockchain-powered game, has successfully secured a $5 million funding round, highlighting the growing interest in integrating blockchain technologies with gaming. Simultaneously, Starknet's $120 million fund aims to enrich the web3 gaming experience, signaling a robust commitment to innovation within the gaming ecosystem. Further enhancing the infrastructure, Blockus has garnered $4 million to streamline web3 gaming technologies, facilitating easier player onboarding and engagement. Amidst these developments, Saudi Arabia has announced a $120 million investment to foster local gaming and esports ventures, underlining the sector's global economic and cultural significance. Additionally, Gamer Arena's recent backing from DOMiNO Ventures showcases the escalating enthusiasm for competitive gaming platforms, emphasizing the blend of esports, AI, and blockchain as pivotal elements of the industry's evolution. This collective momentum underscores a transformative period, with these initiatives propelling gaming into new realms of engagement, technology, and investment.

The e-sports giant Team Liquid has teamed up with the creators of a cutting-edge NFT game, Illuvium, in a way that will change the way people play games forever. Victor Goossens, founder and co-CEO of Team Liquid, brings his esports knowledge to this groundbreaking partnership with Illuvium. They will test and give advice on the player-vs-player (PVP) dynamics. Legendary League of Legends players like "Broxah" and content creators like "Midbeast" are going to look at Illuvium, which will make the project more in line with the high standards of competitive gaming that Team Liquid upholds. This partnership goes beyond testing; it also includes the release of exclusive NFTs with Team Liquid themes. This shows that traditional esports and the new trends of blockchain and Web3 gaming are coming together. Plans are still in the works for a co-hosted e-sports tournament with a $100,000 prize pool in 2024. Take part in this life-changing journey where gaming, NFTs, and e-sports meet, paving the way for the future of Web3 gaming.

Deaddrop is a brand-new free-to-play AAA vertical extraction shooter (VES) that uses non-fungible tokens (NFTs) to take online multiplayer competition to a whole new level. Deadrop was made by Midnight Society, a studio run by Dr. Disrespect, a well-known YouTuber and content creator. Players of all skill levels will enjoy it. Dr. Disrespect, whose real name is Herschel "Guy" Beahm IV, started the game company Midnight Society. Deadrop came out on July 30, 2022, from the studio that made it. It is a fast-paced shooter with a gameplay feature called "vertical extraction," which gives the popular battle royale genre a new twist. Since it came out, Deaddrop has gotten a lot of attention, especially from people who like competitive games like Call of Duty.