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

Gaming Industry's Astonishing Leap in Asia and MENA by 2028 The world of gaming is on the brink of an unprecedented expansion, with the Asia and MENA regions leading the charge A groundbreaking analysis by Niko Partners, an authority in market research within the gaming, esports, and streaming domains, highlights the substantial growth trajectory expected through 2028 This article delves into the key findings and insights from their recent report, which encapsulates dynamics across 13 pivotal markets including China, India, Japan, Korea, and various Southeast Asian and MENA countries Towards a $100 Billion Threshold At the heart of the findings lies an eye-opening projection: the gaming market in Asia and MENA is poised to breach the $100 billion mark by 2028 This reflects not just a quantitative leap but signifies the changing contours of the global entertainment and leisure landscape...

Farcana, a gaming startup based in the UAE, has received a strategic investment from Animoca Brands, a Web3 industry leader based in Hong Kong. This is a groundbreaking partnership between gaming and blockchain. This important partnership aims to make Farcana's upcoming AAA Web3 game, which is also called Farcana, the most popular game in the MENA region. Farcana, which is run by Founder and CEO Ilman Shazhaev, stands out because it combines Unreal Engine 5 with blockchain technology. This gives players a unique third-person PC arena shooter experience with real Bitcoin rewards. The undisclosed investment from Animoca Brands not only gives us much-needed money, but it also shows that we are both committed to driving Web3 development in the MENA region. This partnership is a big change in the way multiplayer online games are being made. It makes Farcana and Animoca Brands leaders in the fast-paced world of Web3 gaming, with a focus on redesigning tokenomics, improving the in-game economy, and strategic documentation.

Immutable zkEVM is making waves in the MENA market by partnering with Moon Gaming to bring the web3 game, Medieval Empires, to a new audience. Built on the Polygon-powered Immutable zkEVM, this blockchain game promises immersive historical gameplay, strategic alliances, and epic battles. With over $7 million in funding, Medieval Empires joins a roster of notable titles on Immutable’s platform. The game utilizes blockchain technology for true asset ownership, enhancing the gaming experience. Immutable zkEVM offers developers a comprehensive toolkit, including smart contracts, NFT trading, and gasless transactions. This expansion taps into the growing demand for web3 gaming in the MENA region, leveraging Medieval Empires' regional expertise. With a strong community and continuous updates, Medieval Empires is poised for success. Explore the future of blockchain gaming with Immutable zkEVM and Medieval Empires today!

In an exciting leap forward for the digital world, Animoca Brands and Manga Productions have embarked on a pioneering partnership to revolutionize the Web3 and blockchain landscape in the MENA region. This collaboration marries Animoca Brands' expertise in blockchain and Web3 technologies with Manga Productions' rich storytelling and content creation prowess, setting the stage for innovative projects that leverage the best of both worlds. Aimed at enhancing digital property rights, promoting local talent, and fostering educational initiatives in blockchain technology, this partnership is a beacon of progress. It signifies a commitment to not only advancing the digital entertainment sector but also empowering the region's youth with the skills and opportunities needed to thrive in the burgeoning Web3 ecosystem. By integrating Manga Productions' captivating characters and stories into Animoca Brands' extensive gaming and digital platform, this alliance promises to bring a new era of immersive, culturally rich experiences to the global stage.