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

After China and Korea crusades against the crypto industry, India also plans to follow suit. At the end of 2021, India announced a bill

South Korea has one of the leading NFT based games in the industry, yet these video games are still banned in the country.

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.

According to marketing analysts Newzoo, mobile gaming is showing promising and extraordinary indicators in terms of revenue and acquisition.

Mobile gaming is an important segment of the gaming industry, but as a game developer what should you expect from mobile games in 2023?

Industry experts have released predictions for 2023 in the mobile gaming industry, specifically focusing on the use of blockchain technology and NFTs, as well as the growth of the hypercasual sector. These predictions provide insight into the future of mobile gaming and how it may be impacted by developments in the web3 space.

Polygon Studio’s CEO Ryann Wyatt shared his candid insights on NFT's and their future in the video game industry.

NFT Video Games worth your money and time, is a question asked much lately! Video games are one of the first ones to adopt the NFT's.

In 2024, the gaming world is abuzz with the potential of NFTs (Non-Fungible Tokens), as they continue to be at the forefront of technological trends alongside cryptocurrencies and the metaverse. While these concepts have garnered considerable attention, their impact on the gaming industry remains uncertain. This summary delves into what NFTs might bring in 2024 and assesses the stance of major gaming developers.NFTs have been touted as the future of gaming, but skepticism abounds. Some fear that gamers may prioritize trading digital assets over enjoying actual gameplay, raising concerns about the industry's direction. Additionally, the environmental consequences of increased blockchain transactions are a pressing issue.Currently, several games support NFTs, including DeFi Kingdoms, Splinterlands, Bomb Crypto, and Axie Infinity, experiencing success in terms of trading volume and popularity. However, mainstream games have yet to fully embrace NFT integration, despite widespread interest in NFT and blockchain gaming.Notable developers in the industry have varying perspectives on NFTs:Ubisoft's CEO supports NFTs and blockchain integration, already introducing NFTs in Ghost Recon: Breakpoint.Electronic Arts (EA) expresses promise in NFTs but has not made any public commitments.Sony, through its subsidiary Sony Pictures, has introduced Spider-Man NFTs.Capcom licensed Street Fighter for an NFT card collection.However, other major players like Take-Two, Sega, Epic, and Square Enix are cautious and have not announced NFT projects. Valve has actively barred NFT games from its market, while Microsoft's Phil Spencer appears unimpressed by blockchain and NFTs.In 2024, the gaming industry is immersed in discussions about NFTs, Play-to-Earn (P2E) games, cryptocurrencies, the metaverse, VR, AR, AI, and various other technological advancements. This evolving landscape is closely monitored by enthusiasts and industry professionals alike, as gaming continues to intersect with entertainment, technology, and the broader digital world.

He believes that the play-to-earn crypto games phenomenon will be the new norm for gamers in the next five years.

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.

Blockchain Tech and Video Games, what is all the Fuss About? People have stopped using traditional ways to make money because crypto, NFT, and blockchain-based games have so much potential. Nowadays the trendy buzzwords in the tech world are NFTs, cryptocurrency, blockchain, DeFi, and more. And the video game industry has also picked up with the newest trend as it did in the past with others.

Bright Star studios fly high with new investment deals. The video games studio is famous for its play to earn MMORPG game Ember Sword

Play to Earn Games and what it tells about the new digital economy in the making. Crypto Games and NFT games are hot these days.