Solanas first gaming SVM surpasses 1M monthly active users

Despite the significant milestone, Web3 gaming still needs more soft infrastructure for mass adoption, according to Sonics CEO

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Web3 gaming is rocket ship ready to blast off, say industry execs

The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games.

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Majority of gamers still unaware of blockchain gaming survey

A OnePoll survey found that more than three-quarters of adult gamers have never heard of blockchain gaming or have never played a blockchain video game, indicating a huge untapped opportunity.

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Blockchain gaming investments reached nearly $1B in April

The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month.

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Animoca Brands leads $7M funding round for Param Labs

The lack of Web3 gaming infrastructure remains the biggest hurdle for mainstream adoption, according to Param Labs CEO.

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OKX Ventures invests in Web3 play ARPG to train AI game Blade of God X

The game is currently available in early access on the Epic Games Store.

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VC Roundup: Gaming investments surge 94% in Q124 as market rebounds

This edition of Cointelegraphs VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs.

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Web3 gaming needs to shift from play-to-earn to play-and-earn Bitget

The industry could see a shift toward player-centric Web3 games this cycle as Web2 founders enter the GameFi space, according to Bitgets managing director.

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Axie Infinity's Ronin Network Expands with New Games

Sky Mavis has announced that four gaming studios will be launching games on the Ronin Network, expanding its native gaming ecosystem. The move is aimed at creating more community-centric, rewarding, and fun gaming experiences while also attracting more users to the Web3 space. (Read More)

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[Exclusive] Web3 Games Collective to ‘Pave Way’ for Popular Games to Enter Metaverse

As per W3GC, the alliance formed can do this goal through the individual contributions of the members to collectively drive adoption.

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LayerZero’s market shifting, there’s a better environment ahead for everyone, CEO says

The outlook for the crypto industry is bright. As a matter of fact, the present isn’t even all that grim, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, told Cointelegraph at the Collision conference in Toronto. “2015 was basically unbearable. […] Nobody cared; there was nothing. This really doesn’t seem that bad to me,” Pellegrino [...]

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Mythical Games raises $37M for in-game marketplace in Series C round

The company expects to raise another $20-$30 million when the full round closes in the coming months.

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Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?

From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3.

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Paris Blockchain Week 2023: A net positive for the entire crypto industry

The major yearly blockchain event, Paris Blockchain Week, brought together some of the biggest names in the blockchain and crypto industry in 2023. The three-day event starting on March 21 turned out to be a net positive for the crypto industry as prominent industry players came together to discuss and share their thoughts on the [...]

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Sony eyes NFT transfers across multiple game platforms, reveals patent

Sony Interactive Entertainment, the video game goliath running the PlayStation brand, filed a patent for a framework allowing users to transfer and utilize nonfungible tokens (NFTs) across multiple game platforms.  Over several years, Sony’s interest in crypto has been evidenced by numerous partnerships and trademark registrations. Adding to this list, Sony filed a patent titled [...]

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Emfarsis Director Leah Callon-Butler Secures Seat at Blockchain Game Alliance Board

Leah, known for championing blockchain and expertise in communications, has received high praise from industry leaders for her commitment to the field.

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Gods Unchained launches on Epic Games Store, GODS Spikes 50%

Gods Unchained, a blockchain card trading game developed by Immutable Studio, has launched on Epic Games Store (EGS). Following this launch, GODS, the native token of the Gods Unchained ecosystem, has rallied 50% from June 2023 lows, expanding in line with the broader cryptocurrency markets spearheaded by Bitcoin, which is currently trading above $31,000. Gods [...]

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Animoca Brands cuts metaverse fund target to $800M: Report

Hong Kong-based Animoca Brands, a developer of blockchain gaming technology, has reportedly cut its target for its metaverse fund by a further 20% to $800 million, Reuters reported citing sources familiar with the matter. The blockchain gaming technology company reportedly scaled back on its billion-dollar goal due to volatility in the crypto sector. The company [...]

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Web3 Games Collective Alliance Formed to Boost Mass Adoption of Blockchain Gaming

The group aims to simplify the landscape, grow the ecosystem for mass adoption, and mitigate risks for investors, developers, and partners.

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CCP Games secures $40M funding for upcoming Web3 game

Independent game developer CCP Games, known for its multiplayer online game EVE Online, has announced that it has secured $40 million in financing from external partners to develop a new triple-A title set in the EVE Universe.  We’re excited to announce that we have secured $40M financing, led by @a16z, to create a new AAA game [...]

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