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

September 2023 has witnessed the emergence of groundbreaking titles that are redefining the industry. From collectible RPGs to virtual prisons and even blockchain-infused sports experiences, these games are not only pushing the boundaries of gameplay but also exploring the unique potential of blockchain technology. Join us as we delve into the world of Meta Toy DragonZ SAGA, Inmates, Rumble Arcade, Infinite Victory, Gabby World, Project T, Champions Tactics, LootCraft, and Words3. These games, each with its own distinctive genre and token ecosystem, offer a glimpse into the exciting trends shaping the future of blockchain gaming. This article highlights these games, shedding light on the emerging trends, unique features, and the integration of blockchain technology:Meta Toy DragonZ SAGA: Developed by Sandbox Network, this mobile-based collectible RPG immerses players in a mythical world of dragons and wind-up toys. With PVP and PVE features, the game utilizes the AGLD token on Immutable for an immersive gaming experience.Inmates: On Cardano's blockchain, Inmates offers a unique NFT ecosystem set within a prison environment. Players can buy, stake, and interact with prison-related NFTs using the SMOKES token, adding depth to the gameplay.Rumble Arcade: Created by Tribo Games, this tactical battle game emphasizes strategic team setups and thoughtful battle moves. Built on Ethereum and featuring Flamey NFTs on Opensea, it showcases the potential of blockchain and NFT integration.Infinite Victory: Bit Fry Games' basketball-infused arcade-style game incorporates blockchain technology, offering players the opportunity to enhance their experiences with AGLD tokens and NFTs. It bridges the gap between web2 and web3 and educates players about 'phygital' ownership.Gabby World: Developed by Gabby World DAO, this fully on-chain game world focuses on user-generated and AI-generated content. Players shape AI characters, storylines, challenges, and the game's trajectory. Its closed beta launch generated excitement for its potential.Project T: From the creators of Axie, Sky Mavis, Project T is a virtual meetup platform with mini-games and community interactions. Deploying on Ronin, it offers a glimpse into the evolving landscape of virtual social interactions in blockchain gaming.Champions Tactics: Grimoria Chronicles: Ubisoft enters the web3 space with this PC-based RPG, set to deploy on the Japanese gaming blockchain Oasys. It introduces mythical champions and tactical battles, hinting at a redefinition of the RPG genre within blockchain gaming.LootCraft: Part of the Lootchain ecosystem, LootCraft presents a 3D voxel autonomous world with mining, crafting, and building features. Powered by the AGLD token, it showcases the potential of on-chain experiences with engaging gameplay.Words3: This game transforms the classic crossword game Scrabble by infusing it with cryptoeconomic dynamics. Developed by Small Brain Games on Base, players can buy letters, dynamic letter prices, and earn based on others' usage of their letters.These games collectively represent the evolving landscape of blockchain gaming, offering innovative gameplay, decentralized ownership, and token-based incentives. As blockchain technology continues to advance, the industry is poised to deliver even more captivating and immersive gaming experiences, reshaping how players interact with the gaming world. Stay tuned for further updates and releases as the blockchain gaming revolution continues to unfold.

In a whirlwind of action, major gaming announcements, including Krafton's NFT venture, Sky Mavis' Axie Game Jam, Meta's Horizon Worlds expansion, SAGE Labs' Solana launch, and other exciting developments, are setting the stage for a transformative play-to-earn gaming experience.In the rapidly evolving world of play-to-earn gaming, a series of groundbreaking developments have recently emerged, promising to redefine the gaming experience. Here's a comprehensive summary of yesterday's five major news snippets that are poised to transform the gaming landscape:PUBG Developer Krafton Unveils New Metaverse Game Overdare: South Korean gaming behemoth Krafton, known for its iconic PUBG franchise, has entered the NFT space with the announcement of 'Overdare.' Initially referred to as Project Migaloo, this mobile-centric game is set for a soft launch in December, followed by a full release by mid-2024. 'Overdare' leverages Krafton's in-house blockchain, Settlus, and was developed in collaboration with Naver Z Studio. It introduces an innovative create-to-earn (C2E) model, allowing players to trade NFT-based assets and earn in USDC. However, the inclusion of mandatory NFTs and concerns surrounding token volatility remain points of debate.Sky Mavis Elevates the Stakes with Axie Game Jam: Sky Mavis has thrown down the gauntlet for game developers with its inaugural Axie Game Jam 2023. Featuring an enticing prize pool of $20,500, participants have until October 14th to form teams and register. The event officially commences on October 15th when Sky Mavis unveils the contest's theme, igniting a coding frenzy. With top winners standing to earn up to $8,000, this competition promises to drive innovation within the gaming industry.Horizon Worlds Ventures Beyond VR: Meta's 3D metaverse platform, Horizon Worlds, is breaking free from its VR limitations. Meta has announced early access to Horizon Worlds on Android's Meta Quest app and web browsers, aiming to make the platform universally accessible across different devices. This expansion is seen as an effort to enhance inclusivity, despite initial criticisms of not being a pioneering metaverse experience.SAGE Labs: The Vanguard of Web3 Gaming: On September 21st, SAGE Labs is set to revolutionize the Web3 gaming landscape with its launch on the Solana Mainnet. Developed by Star Atlas, SAGE Labs promises intricate game mechanics and a complex economic loop involving crafting and freighting, among other activities. Furthermore, an enticing $1.5 million Golden Ticket promotion is on the horizon, offering substantial rewards to players. This launch holds particular appeal for those interested in decentralized gaming and true asset ownership.Multiple Launches Shake the Core of the Gaming World: Beyond these major announcements, the gaming sphere has seen several other noteworthy updates. MetaKing Studios has launched its strategic game "Blocklords," now accessible through the Epic Games Store. Laguna Games is gearing up for a significant update in "Crypto Unicorns" with the introduction of the "Shadow Forge" game mode. "Meta Toy Dragonz Saga" is set to enter open beta on September 20th, and "Star Atlas" will debut its resource-intensive game update on September 21st. In a touching gesture, The Sandbox has launched the "Incheon Landing Operation" game, dedicating all proceeds to charity.In conclusion, the play-to-earn gaming industry is on the cusp of a transformative era, characterized by innovative blockchain systems, substantial prize pools, and a renewed focus on inclusivity. Expect more seismic shifts as this ever-evolving landscape continues to evolve and captivate gamers worldwide. Stay tuned for further developments in this dynamic space.

Pixels, the leading Web3 game on the Polygon blockchain, has made a groundbreaking decision to shift its operations to Sky Mavis' Ronin Blockchain. This move has sent shockwaves through the gaming community, considering Pixels' current top-ranking status on the Polygon blockchain, and it holds significant implications for both Polygon and Ronin, particularly in light of Ronin's recovery from a past hacking incident.Pixels, a social browser game, is set in an open farming environment where players can explore, level up their abilities, and interact with other players while completing quests. With over 1.5 million monthly on-chain transactions, 100,000+ monthly active wallets, and a daily player base exceeding 5,000, Pixels stands as the most popular Web3 game on Polygon based on the unique number of active wallets.Sky Mavis, the creator of the immensely successful Axie Infinity, which played a pivotal role in igniting the blockchain gaming trend in 2021, has promised various benefits for Pixels' transition to Ronin. These advantages include lower petrol fees, access to marketing and consulting support, and the utilization of the Mavis hub, Ronin's platform for distributing Web3 games.Ronin, developed by Sky Mavis, is a blockchain specifically tailored for Ethereum virtual machine-based games. It has evolved to accommodate millions of daily users, and in March, Sky Mavis began extending the use of Ronin to other game companies. These companies can harness Sky Mavis' products and expertise to create successful Web3 games that emphasize ownership, community engagement, and interactive gameplay. Notable game companies such as Directive Games, Tribes, Bali Games, Bowled.io, SkyVu, and Zillion Whales have already expressed their commitment to building on Ronin.Luke Barwikowski, CEO of Pixels.online, emphasized the strategic nature of this decision, stating that "Sky Mavis is the only company that has reached scalability in Web3 gaming, so partnering with the team and moving to Ronin made a lot of sense." He highlighted the hands-on experience and proven track record of the Sky Mavis team as key factors in the decision to migrate Pixels to Ronin.Aleksander Larsen, COO of Sky Mavis, highlighted Pixels as the second most popular Web3 game among real players, just behind Axie Infinity. Larsen expressed excitement about Pixels joining Ronin and offering access to infrastructure and technology. He also hinted at the potential for the community to build an "Axie place" in the future, facilitating gatherings for players.Sky Mavis cited its impressive scalability in Web3 gaming as a key factor in Pixels' migration. Studios like Pixels are drawn to Ronin for its value-added services and partner support, underlining the attractiveness of the Ronin blockchain for game developers.Furthermore, Immutable zkEVM, a gaming-focused chain, is set to go live on Polygon's mainnet, indicating the competitive landscape in blockchain gaming. Similar to Polygon, Ronin operates with the Ethereum Virtual Machine and focuses on gaming, making it a formidable player in the space alongside Immutable zkEVM.Pixels is not merely a game but an immersive experience that harnesses Web3 technology to offer gamers true digital control. It has seamlessly integrated NFTs into its ecosystem, incorporating web3 communities and transforming over 65 NFT collections into playable game characters. The Pixels team is also actively building its Web3 infrastructure, aiming to provide users with the best possible experience while allowing other Web3 games to use it as a foundational platform for blockchain development.In summary, Pixels' decision to migrate from Polygon to Ronin represents a significant turning point for both the game and the blockchain gaming industry as a whole. With the support of Sky Mavis and Ronin's robust infrastructure, Pixels aims to continue its growth trajectory and deliver an immersive gaming experience to its players. This move underscores the dynamic nature of the blockchain gaming sector, where strategic partnerships and decisions can reshape the future of the gaming industry.

Axie Infinity has collaborated with NFT collection CyberKongz to bring the Play & Kollect game to the Ronin network in the world of web3 gaming. McDonald's has also made a significant move by entering the Sandbox Metaverse with "McNuggets Land," a virtual experience commemorating the 40th anniversary of Chicken McNuggets. Qubit, a web3 wallet, aims to improve web3 player accessibility and onboarding. Star Atlas has shrunk but remains committed to releasing new features. MetalCore Alpha 3's futuristic first-person shooter gives players the opportunity to win prizes. Finally, Ubunation rewards early supporters with NFT drops and special benefits. These developments demonstrate the growing interest in web3 gaming and its potential for novel experiences.

A look into how Sky Mavis, Axie Infinity, and its Ronin blockchain network have fared up so far, and what the future holds for Play-to-earn. In recent years, blockchain technology has opened up new possibilities for the gaming industry, particularly in the form of play-to-earn games. Axie Infinity stands out as one of the most popular and successful examples and an epic fail equal parts. However, Axie Infinity is not just a game, but a complex ecosystem. This includes multiple stakeholders, from players to developers to investors.

Sky Mavis, a big name in the Web3 gaming industry, has announced that four new games, Bowled, Tribesters, The Machines Arena, and Axie Match 3, are now available on the Ronin blockchain network. The company has teamed up with several game studios, such as Directive Games, Tribes Studio, Bali Games, and Bowled io, to expand its offerings and reach new markets. Sky Mavis is working with these studios to make new Web3 games that use the advanced features and capabilities of the Ronin sidechain. This article talks about how important this announcement is and how it could affect the Web3 gaming industry.

Biggest hacker heists to date against crypto gaming where the hackers took off with $600 million. The victim is crypto gaming; Axie Infinity.

Axie Infinity Deploys Desperate Changes to its Resuscitate its Limping Economy.Axie Infinity, the torchbearer of P2E, decides to implement a few changes to its economic model after plunging stats of its token price, NFT valuation, and trading volume. After its astronomical popularity last year, this is the first time the game suffers a decline in popularity.Axie Infinity changes its economic systemThe Ethereum based game enjoyed massive success last year and racked up almost $4 billion in NFT trading volume.However, things went south lately for Axie Infinity as its token and NFT values took a downfall. The plunging values of the game have put the entire play-to-earn model into question. Assessing the failing economy of the game, the creators of Axie Infinity have decided to introduce changes designed to bring the game economy back to life.The prime change is related to SLPs where the game will reward fewer SLP tokens. Moreover, the game will focus more on online arena battles and their rewards. The changes will go live with the game’s 20th season on both mobile and PC.As of now, Axie Infinity requires a player to buy its NFT assets which are known as Axies. To begin playing the game, a player needs to buy at least three of these NFTs. The player then earns by breeding and battling monsters which yield token rewards.The P2E model of Axie Infinity also resulted in community-based scholarship programs. These scholarship programs worked in third-world countries where NFT asset holders rent Axies to players in return for a cut in token rewards. This scholarship program also played a massive role in Axie Infinity’s success last year.Axie Infinity changes its economic systemHowever, the momentum quickly took a plunge, and the game’s token SLP decreased below $0.10. The falling value of the token put a massive strain on the scholarship guilds.Moreover, AXS also plunged nearly 70% when compared to its peak value. Its NFT trading volume decreased from $754 million in November to $301 million in December.And to top it all off, Sky Mavis’ data shows a drop in concurrent players from a peak of 2.7 million in November to 2.2 million at the end of January.Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.If you want to stay up-to-date of my daily game news, then follow me on Google News.

Blockchain gaming enjoys the high tide as Hong Kong-based crypto game studio Animoca Brands raises $360 million in a recent funding round.

Twitch founder Justin Kan joins the trend and comes up with his NFT project called Fractal. It will serve as a marketplace for gaming NFT's

Animoca Brands is a Hong Kong-based blockchain game developer and is behind bringing K-pop to the NFT domain.

The funding for Forte came when other NFT gaming companies have crossed the $1 billion valuations. Some companies reached unicorn status

The Q3 of 2021 shows that the Play to Earn business models and games backed by blockchain technology will sustain their growth.

Sky Mavis, the developer behind the famous NFT based game Axie Infinity, raises $152 million in recent funding led by Andreessen Horowitz