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

Today, let's dive into the incredible world of Taki Games and their groundbreaking partnership with Game7. It's not just a story about a new mobile game hitting the market; it's a narrative of how a small idea can light up the path for millions, much like the ripple effect of a single, well-intentioned action. Remember the joy of unlocking that rare item in your favorite game? Imagine if that joy wasn't just confined to the digital world but had value in the real world too. That's where Taki Games steps in, blending the thrill of gaming with the tangible benefits of Web3 technology. Let's paint a picture of a gaming network, not just any network, but one that's owned by gamers themselves, pulsating with the energy of its native currency token, TAKI. This is where Taki Games shines, partnering with Game7 to weave blockchain-based loyalty into the fabric of mainstream gaming. Their latest marvel, Game7 Food Fighter, is a testament to their vision, bringing together addictive gameplay with the magic of Web3, enabling players to collect and own virtual treasures.

Despite the broader crypto market correction, recent reports indicate a thriving ecosystem in the resilient world of Web3 gaming. The third quarter of 2023 saw an impressive $600 million infusion into Web3 gaming projects, bringing total investments for the year to more than $2.3 billion. Taking advantage of the market's calm, developers are driving a surge in quality and standards, with highly anticipated games on the horizon. While Axie Infinity dominates transaction volume, there are concerns that the industry's concentration of success is limiting diversity. The shift away from play-to-earn models and toward long-term gameplay experiences is clear, emphasizing true digital asset ownership. Nonfungible tokens (NFTs) are becoming increasingly important in business models, allowing players to have a financial stake in the success of the game. As the crypto market prepares for a bull run, the Web3 gaming space remains optimistic about long-term interest, bolstered by ongoing investments, major gaming company involvement, and the promise of diverse gaming experiences.

The 2023 Blockchain Game Alliance (BGA) report delves into the blockchain gaming industry's current state, highlighting key trends and insights from 536 professionals globally. This comprehensive study showcases the strategic rise of the Middle East and North Africa (MENA) region, bolstered by significant investments and regulatory clarity. Oceania's innovative contributions, despite low representation, underscore its global influence. The survey reveals diverse professional roles, with a strong presence of senior leadership and a variety of expertise spanning gaming, crypto, and development. Notable companies like The Sandbox and Animoca Brands illustrate the industry's dynamic ecosystem. As the blockchain gaming landscape evolves, the report sets the stage for future explorations, emphasizing true digital ownership and the potential for mainstream adoption in 2024. Industry leaders provide valuable perspectives, reinforcing the transformative power of blockchain in gaming. Stay connected to the pulse of blockchain gaming with the BGA's in-depth analysis.

In our most recent article, we talk about a wide range of industry updates, partnerships, and big new releases that are changing the way people play games in the ever-changing world of play-to-earn games. We look at how this changes the way characters look and gives them special rights in games by focusing on important examples like Citizen Conflict, a well-known Web3 game, and its groundbreaking ZODIAC Magic Angel NFT collection. The detailed report from Game7 looks at Web3 gaming trends in great detail, covering important topics like how to make blockchain games and how funding works. Major new games like Animoca's Phantom Galaxies and Zynga's Sugartown are launching all the time on Web3. This shows how many options there are for players. Animoca Brands' decision to make the Chiliz Chain stronger as a key validator is a smart one that could change how sports fans interact with each other. Also, Japan's big investments in web3, AI, and gaming startups, led by SBI Holdings, are a huge change in the way the country uses technology. Come with us as we look into these interesting new developments that show how the industry is changing and growing, and how there are seemingly endless opportunities in play-to-earn gaming.

HyperPlay is a Blockchain Game Launcher in Early Access. Hyperplay is the first Web3 blockchain game launcher of its kind and is being made for MetaMask by Game7 and Jacob.eth.HyperPlay, a Web3 blockchain gaming launcher, is currently available for early access. The software was co-created by Web3 gaming DAO Game7 and former MetaMask operations lead, who goes by the pseudonym Jacob.eth. The app is available for all major platforms but is developed and optimized especially for MetaMask users.HyperPlay is the world's first Web3 game launcher. It lets users bring their wallets, NFTs, tokens, and achievements into any game they want to play. HyperPlay is really permissionless and was created for the Web3 community. Instead of charging developers fees, the new platform plans to make money through cryptocurrency services like exchanges and bridges. Jacob told Decrypt that HyperPlay is "fixing the distribution problem and freeing game developers from the fear of being de-platformed by major monopolies like Apple and Google, or Steam." He prefers to go by his first name or his ‘.eth’ handle in order to protect his privacy. Jacob explains that, unlike the Apple store, they prefer not to take the 30% share of the developer's in-game economy."We're an extremely developer-friendly product,” He clarified. Instead, Jacob stated that HyperPlay will make money by providing "convenient features" within the software; much like MetaMask does, rather than taking a percentage of game sales or transactions. At launch, HyperPlay will have a lot of games, such as Undead Blocks, DeFi Kingdoms, The Sandbox, Voxie Tactics, and The Bornless, to name a few. Both Web3 games and non-crypto games will be supported by the launcher.