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

A huge change is coming to Web3 gaming in 2024, according to Gabby Dizon, co-founder of Yield Guild Games. This is a shocking revelation for the gaming community. Dizon thinks that the popular play-to-earn (P2E) model will change, which will lead to a big shift toward free-to-play games. The main idea behind this paradigm shift is lowering the barriers to entry, which makes it possible for a lot of people to use it by putting an emphasis on easy gameplay over immediate token ownership. Dizon focuses on a strategic evolution and says that games should be free to play at first so that players can get involved without any problems before they start to own NFTs and earn tokens. This change isn't just a guess; it's part of a larger push by Web3 game developers to put immersive gameplay experiences ahead of tokenomics that are only about making money. Dizon thinks that as the industry gets past its problems, there will be a lot of high-quality games made by well-funded teams that will use new tokenomics and earning models. Soon, AI will be fully integrated, which will open up a whole new genre of games where players will interact with AI characters, making the experience even better. Get ready for a gaming revolution that will change the Web3 world.

Enter the world of groundbreaking NFT collections and Web3 innovation with the in-depth exploration of RBL Labs' disruptive NFT series, 'The 4Cs (Forces).' This article delves into the latest trends in blockchain technology, Web3, and the thriving NFT market. Unveiling a satirical yet innovative approach, 'The 4Cs (Forces)' redefines NFT utility, blending art, satire, and engaging rewards across its 2,500 avatars, each categorized into distinct rarities like Prestige, Elite, Super Elite, and Legendary. Discover the characters—Creators, Cybers, Catalysts, and Controllers—embodying the pillars of the crypto ecosystem. Moreover, the article navigates through the unique benefits, merchandise, and gaming experiences these NFTs offer, shedding light on the evolving trends shaping the crypto industry's future.

The Tokyo Games Show 2023 in Japan has unveiled a groundbreaking partnership between Elixir Games and Telos, poised to reshape the landscape of Web3 gaming and offer enticing rewards to players. This strategic collaboration aims to simplify access to Web3 projects and marks the integration of Telos into the Elixir Games Launcher. Furthermore, Telos is set to become the inaugural partner for the Elixir Awards program, with a commitment to offer one million $TLOS in on-chain rewards, ensuring an enduring sense of excitement among gamers.Key Highlights:Elixir Games and Telos Partnership: This partnership intends to provide gamers with straightforward access to high-quality Web3 games, making it more accessible for millions of potential players to enter the dynamic world of Web3 gaming via the user-friendly Elixir Games Launcher.First Round of Games on Telos via Elixir: Several exciting games, including Kiraverse by ParamLabs, LandBox by PWNED Studio, and TarzanTM by XLABEL, are set to premiere on Telos via Elixir. The inclusion of Altura will offer access to in-game NFTs, enhancing the rarity and thrill of these games.Elixir Games Launcher Exclusives: The Elixir Games Launcher will feature exclusive titles like Chronos, a post-apocalyptic role-playing game by SphereStudios; Mokens League, a cooperative online football game with real-time gameplay by Monsterleaguestudios; Tinies, a mobile action brawler by Elixir Games; No Way Back, a ninja combat royale game by Elixir Games; Tollan World, a web-based pixel art role-playing game by Foretold Studios; Safrootics, an open-world exploration role-playing game by AlabStudio; and Caveworld, a blend of combat, building, and bartering.Telos’ Ideal Blockchain for Gaming: Telos is well-suited for gaming use cases due to its capability to process over 15,200 transactions per second and generate blocks in under 0.5 seconds, without any unexpected downtime or delays. Its emphasis on speed and stability aligns with Elixir's mission to innovate within the Web3 gaming industry.Elixir Game Launcher's Versatility: Elixir Games offers a versatile and powerful platform that accommodates both Web2 and Web3 game developers. With strategic backing from gaming giant Square Enix, Elixir Games plays a pivotal role in the gaming industry.Upcoming Event: An official partnership start event is planned during the 2023 Tokyo Game Show, where launch dates for each game and additional information will be shared.Tokyo Game Show Highlights: The Tokyo Game Show, running from September 20th to September 24th, is hosting various presentations, including major prizes for games like Sonic Frontiers, Monster Hunter: Rise: Sunbreak, and Pokémon Scarlet & Violet. Viewers can catch the event's highlights on the official Tokyo Game Show social channel.About Telos: The Telos Foundation is a non-profit organization working independently of the Telos blockchain, focusing on its development and governance. Telos has gained recognition for its speed, security, and commitment to decentralization, with over a million active users, 250 decentralized apps (dApps), and 100 active partners.About Elixir Games: Elixir Games is an American technology company with a global workforce. Since its inception in 2019, it has been a leader in game distribution, in-game payments, and authentication, offering a comprehensive distribution tool for a wide range of games, including approximately 120 PC games developed in partnership. Elixir Games supports both Web2 and Web3 gaming.

The article, as reported by Ed Chang of Ava Labs, discusses the growing trend of web3 gaming, a fusion of traditional online gaming and blockchain technology. Explore the world of Web3 gaming with insights from industry experts. Discover challenges, opportunities, and the future of blockchain-infused gaming. While the concept is gaining traction, there are significant challenges to overcome in order to fully realize its potential. Web3 Gaming Expansion: Web3 gaming is a rapidly expanding industry that combines online gaming with blockchain technology. Despite its potential, both game developers and players have yet to fully embrace this innovation. Reputation and Trust: Gaming studios have been striving to improve their reputation, especially after the "play-to-earn" era. Gaining the trust of Web 2 gamers is crucial, as investors and businesses are keen on attracting the next generation of users to cryptocurrency and web3 technologies. Challenges in "Play and Earn" Strategy: Ed Chang points out that integrating blockchain features into games can benefit all genres. However, there are debates in the industry about the balance between the "play" and "earn" components in web3 games. Striking the right balance is essential to create compelling games without compromising quality and enjoyment. Metrics and Development: Chris Akhavan, the Chief Gaming Officer of Magic Eden, suggests that web3 gaming is still in its early stages. Developers are exploring metrics specific to web3 gaming, such as Wallet and Marketplace usage, in addition to traditional metrics like Installs and Daily Active Users. Complex Game Development: Creating engaging web3 games can be a complex and time-consuming process, leading to a delay in their release. However, experts anticipate a shift away from the play-to-earn model as web3 ownership and alignment between players and developers increase. Improving User Experience: The user experience (UX) remains a significant challenge in web3 gaming. Simplifying the process of creating wallets and linking them to gaming platforms is crucial for reducing friction and increasing user satisfaction, potentially leading to broader adoption. Play-to-Earn Evolution: The "play-to-earn" approach, which gained prominence in the web3 gaming industry between 2021 and 2022, is undergoing a rebranding. Terms like 'play to own,' 'play and earn,' and 'win to earn' are now used to better describe the mechanics of these games and improve clarity and confidence in the industry. Web3 Gaming Predictions: Asia, particularly South Korea and Japan, is expected to lead in the adoption of web3 gaming over the next five years. These regions with strong gaming cultures and growing interest in blockchain are likely to see the success of web3 gaming models before Western markets. Infrastructure Improvement: The future of web3 gaming faces uncertainties due to various challenges and cryptocurrency volatility. Addressing issues with the user interface and striking a balance between enjoyment and profitability are essential. The industry is shifting towards making games that seamlessly incorporate blockchain technology without altering the core gaming experience. Final Thoughts: The article concludes that all gaming genres, especially those with robust economies, can benefit from web3 ownership. Developers must focus on creating exciting experiences for players to stand out in the market. Overall, web3 gaming has a promising future if challenges related to design, user experience, and monetization can be effectively addressed. The industry is expected to grow and attract mainstream gamers as more web3 games are developed and released.

The convergence of cryptocurrency and gaming has given rise to a groundbreaking phenomenon called crypto gaming, where players can earn cryptocurrency while playing games. This article explores the world of crypto gaming, focusing on legitimate opportunities, popular games, methods of earning, and the potential for investment.Legitimate opportunities in crypto gaming provide players with immersive experiences where they can own in-game assets and trade them in open marketplaces, thereby enhancing gameplay and offering real-world rewards. The rise of play-to-earn games is reshaping the gaming landscape, allowing players to convert in-game achievements into tangible cryptocurrency rewards.Several notable crypto games are highlighted, including ApeMax, CryptoKitties, Gods Unchained, Axie Infinity, Decentraland, Sorare, The Sandbox, and My Crypto Heroes. These games offer unique gameplay mechanics and opportunities for players to earn cryptocurrency while participating.The article also introduces various gaming-specific cryptocurrencies like Tamadoge, RobotEra, Lucky Block, and Battle Infinity, which contribute to the evolving landscape of crypto gaming.Methods of earning cryptocurrency in games include faucet websites, airdrop giveaways, using the Brave browser, and participating in yield farming. Proper wallet management and withdrawing funds are crucial aspects of managing earned cryptocurrency rewards.For those looking to explore free crypto games, options like Gods Unchained, Splinterlands, Blankos Block Party, EV.io, and The Sandbox offer rewarding experiences without financial commitments. Axie Infinity stands out as a dominant player in the crypto gaming space, offering significant rewards and market capitalization.Some games even offer the opportunity to win real Bitcoin rewards, like Bitcoin Alien Run. The diversity of the crypto gaming ecosystem spans various blockchains, each offering a range of experiences.The concept of ownership is central to crypto gaming, enabling players to own in-game assets across different games and networks. The article concludes by emphasizing the promising investment opportunities that lie at the intersection of cryptocurrency and gaming, as both industries collaborate and innovate for a dynamic future of immersive experiences and economic potential.

Crypto Guilds has announced the highly anticipated launch of CG Meta Game, a groundbreaking metaverse project set to debut on June 19th, which has excited crypto gaming enthusiasts. This innovative venture combines immersive gaming with blockchain technology, offering a unique blend of strategy, exploration, and earning potential through the integration of cryptocurrencies and NFTs. In CG Meta Game, players engage in quests within a web3 environment, reaping rewards for their accomplishments.The core concept of CG Meta Game involves players being paid to explore a new web3 game each month, essentially creating a game within a game. The gameplay revolves around existing games, with mechanics centered around NFTs and their upgrades. The amount players can earn is linked to their ability to enhance their assets and NFTs. The virtual world promises a rich array of quests, challenges, and opportunities for players to showcase their strategic prowess within the Crypto Guilds Meta Game.Central to the experience are the Crypto Guilds NFTs, which serve as the avatars players use within the game. These NFTs carry a 10% royalty fee and are initially limited to 1000 CG NFTs upon launch. These blockchain-encrypted digital assets hold significant value and can be traded, sold, or exhibited to other players, fostering a thriving in-game marketplace.Additional characters will be introduced through future sales, with half of the proceeds contributing to reward pools. The characters can be upgraded by completing in-game quests, and the strength of a character influences earning potential.The game's reward system includes a Pool of rewards for each quest, encompassing game cash prizes, game NFTs, 10% royalty fees from CG NFT trades, 2% of the total $VIL supply, and extra rewards from Quest Sponsors. These rewards are designed to incentivize user engagement and facilitate broad adoption.The game's revenue stream is bolstered by royalties collected from Crypto Guilds NFTs. These royalties are aggregated monthly and added to the reward pool, utilizing a blacklisting system for enforcement.Players receive Badges upon quest completion, soulbound tokens tied to their characters. Badges enhance subsequent reward pools, effectively boosting profits. Accumulating badges maximizes earning potential, making NFTs more valuable and allowing players to earn more.$Villians ($VIL) coins are earned by completing monthly quests, representing the essence of villains within the CG narrative. These coins can be staked and locked to create equipment. An initial airdrop of 10% of the $VIL supply aids in understanding the game's economy. $VIL coins, Crypto Guilds NFTs, and badges are distributed in discovery boxes.Equipment items, which can be traded as NFTs, enhance the earning potential of Crypto Guilds NFTs when equipped. Unlike badges, equipment is transferable, enabling broader participation in the CG ecosystem.The in-game quests start simple but become competitive over time, with leaderboards influencing reward distribution. This environment fosters a sense of community among web3 gamers, who can collaborate, join guilds, and partake in events.As a B2B ecosystem, Crypto Guilds connects numerous Guilds and Games. The launch of Meta Game represents a step forward, merging reality and fiction by incorporating real figures from the crypto community into the CG Lore.

No More Static NFTs in Web3 and blockchain gaming as Mystic Moose comes up with its noble idea of real-time 3D model NFTs for Planet Mojo and more.Bring your in-game NFTs or digital collectibles to the next level by making them livelier. No more boring static NFTs, now, you can convert them into real-life 3D models thanks to blockchain game developer Mystic Moose. Mystic Moose is a blockchain game developer famous for its Web3 games like Planet Mojo and Mojo Meelee. The studio introduces this new idea to let gamers convert their NFTs to real-time 3D models. Besides the conversion, the studio plans to introduce customizable features where NFT owners will unleash their creative ideas. The idea of converting NFTs to 3D models is a novel one in NFT gaming and Mystic Moose leads from the front.

Lionel Messi's Play Time invests in Matchday, an upcoming NFT blockchain football game in Web3 that will offer true ownership.FIFA is working with the studio to make Web3 games, which will be backed by professional soccer star Lionel Messi's venture capital firm, Play Time.The Web3 gaming startup Matchday has raised $21 million in seed capital for developing a range of soccer games. Notably, one of the companies funding Matchday is owned by soccer legend, Lionel Messi. In addition to Messi's company, Play Time Sports - Tech HoldCo LLC, venture capital firms such as Courtside Ventures, Greylock, Capricorn Investment Group, Horizon Ventures, and HackVC have also invested in the project. Matchday has teamed up with both Argentine soccer player Lionel Messi and Spanish soccer star Alexia Putellas. Putellas is the founder of the company's new game series on a global scale. Messi, who is the captain of the Argentine national team and plays for Paris Saint-Germain FC, has put a lot of money into the NFT space. He is one of the best football players who has put a lot of money into NFTs.Lionel Messi currently serves as the brand ambassador of Sorare, a popular NFT fantasy football game, and Socios, a fan token platform. In addition to his ambassadorship, he has also made an investment in Sorare. Messi has reportedly entered into an endorsement deal with Socios worth $20 million. Additionally, he has launched an official NFT collectible through the Ethernity Chain Platform.Derrick Ko, co-founder and CEO of Matchday, said in a statement that the company is making a game for a group of soccer fans that hasn't been reached yet. He also said that the game will be set up for people who don't play it all the time. In the same way, Matchday's chief gaming officer, Sebastian de Halleux, said he was excited about the game. Matchday's chief gaming officer, Sebastian de Halleux, said that the new game will be easy for anyone to play and will focus on giving players real ownership of digital items that they can be proud of. Matchday has been making soccer games for a long time and has official licenses from FIFA and FIFPRO, the players association. In a statement, De Halleux said, "Our games will be open to all players and will be based on true ownership of digital items that will be a source of pride for all players."The company is confident about its next project because Halleux has worked on similar projects before at Electronic Arts, a big game publisher. Halleux worked on the FIFA game series and the Madden NFT game series while he was at Electronic Arts. Stats show that Web3 users have spent about $4.3 billion on non-fungible tokens (NFTs), which give the user ownership. With their new project, Matchday is building on the idea that "ownership is equal to emotion." The company thinks that blockchains can help football fans feel like they own the game.Matchday was the first to suggest making a soccer game based on the blockchain. The fact that experts like FIFA, the official group in charge of the World Cup, are involved makes it important. The players' union, FIFPRO, is also involved. Derrick Ko, co-founder and CEO of Matchday, said in a statement that the games will be made for "casual" users. "We are building for a football audience that hasn't been reached yet," Ko said.

The introduction of NFTs and in-game finance has revolutionized the gaming experience, attracting the masses that weren’t that much in the gaming world. People were hesitant over spending money on in-game items even before the introduction of NFTs.

No NFTs for Activision Blizzard players as Mike Ybarra has quashed the rumors of Activision Blizzard incorporating NFTs in its games

The deal between FTX and Good Luck Games wasn't well-received by gamers. Storybook Brawl became victim of negative reviews on Steam.

Significant reasons behind Play to Earn games popularity is its model where you earn real money while playing games. Sounds cool, isn’t it?

Axie Infinity’s run in 2021 was spectacular in terms of NFT transactions with a transaction volume of more than $3.5 billion.

While on a promotion spree of Valve’s newest venture and product Steam Deck, Gabe Newell has shared thoughts on several subjects.

Crypto and gaming nexus is getting a solid expansion with FTX crypto exchange launching its gaming department.