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

Get ready for a game revolution as Illuvium, the Ethereum-based blockchain RPG, gets ready to make waves on the Epic Games Store. This story lets you explore the world of Illuvium, which was made by the same people who made the blockchain game business. Find out about the open-world RPG features, how to use NFT, and how to play other games without any problems. Find out about the creative moves Epic Games made that made Illuvium a popular game. Join us as we look into how traditional games and blockchain technology are coming together, as more and more big names in the industry become interested in this game-changing trend. Illuvium's Epic premiere is coming up, and the stage is set for an immersive trip at the cutting edge of game trends. In a groundbreaking move set to redefine the gaming landscape, Illuvium, a blockchain gaming startup, is gearing up for its debut on the Epic Games Store on November 28. Built on the Ethereum-based Immutable X platform, Illuvium is not just a game; it's an open-world RPG that leverages NFTs and blockchain technology. Players can explore the 3D Overworld, capturing creatures known as Illuvials, and engage in strategic battles in the "Arena" using these NFT assets.Epic Games, recognizing the innovative use of blockchain in Illuvium, emphasizes the integration of blockchain technology to unify assets across games, creating an interconnected blockchain game universe. This move by Epic Games aligns with a broader trend in the gaming industry, with major publishers such as Electronic Arts, Sega, and Ubisoft expressing heightened interest in blockchain gaming and NFT technology. Electronic Arts plans to incorporate NFTs into EA Sports titles, Sega has licensed intellectual property for third-party blockchain games, and Ubisoft has experimented with free NFT drops in Ghost Recon Breakpoint.Illuvium's listing on the Epic Games Store is poised to introduce Web3 gaming concepts to millions of new gamers, given the platform's extensive user base of over 180 million players. The game's integration with Epic's auto-update features is expected to streamline the gaming experience, allowing Illuvium to focus on development.The broader trend of on-chain gaming is underlined by a 6% month-over-month increase in the user base, surpassing 750,000 unique active wallets in August 2023, according to DappRadar's data. As a testament to the excitement surrounding Illuvium's integration with Epic Games, the associated ILV token has experienced a notable surge, recording a 20.7% increase in the last 24 hours, according to CoinGecko.The significance of Illuvium's Epic Games debut extends beyond a mere game release; it marks a pivotal moment in the journey of blockchain gaming, stepping out of niche markets and into the mainstream gaming arena. Players and industry enthusiasts are eagerly anticipating the convergence of traditional gaming and blockchain technology, and Illuvium's Epic Games debut promises to be a significant step forward in this transformative journey. The stage is set for an immersive gaming experience, blending cutting-edge technology with the excitement of traditional gameplay.

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.

It seems like the wave of NFTs has lost its momentum as its once staunch supporters in the gaming industry are now running away from it.

Video Game Industry NFT: A Real Change or Just a Way to Make More Money?The tech and gaming industries have been all about NFTs and blockchain gaming for the past few years. But there are different opinions on the subject in the gaming industry. Some call it a revolution and the future of gaming. Others aren't sure about it and think it's just another way to make money. Also, gamers and fans have said what they think about the problem and are very vocal about it.

Video games industry as a catalyst to NFT mass adoption. NFT's are now a household term and commonly used by all of us!

Zynga Goes Blockchain Gaming and Hires Matt Wolf as VP. Zynga catches up with the hot and rising trend of NFT's and blockchain gaming

EA, Electronic Arts sees Huge Potential in NFT Games. NFT Games and Blockchain technology are the buzzwords in the gaming industry nowadays.