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Gaming has gradually become a popular part of the crypto sector as the industrys level of adoption grows. While use cases like finance and supply chain management may be more popular uses of digital assets, the crypto gaming industry is also quite significant and has pulled in big numbers. For instance, between January 2021 and […]
The post Four Popular Crypto Games and How to Play Them appeared first on Coindoo.
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The post A Beginner’s Guide to Playing and Winning in Crypto Keno appeared first on Coindoo.
GameFi cleverly merges the excitement of gaming with the financial strategies of decentralized finance (DeFi), offering players the chance to earn real money as they play. Essentially, GameFi transforms gaming into a profitable activity. This innovative concept has been rapidly gaining traction following the success of play-to-earn (P2E) games like Axie Infinity and Sandbox, which […]
The post Leading Voices in GameFi: The Top 10 Influencers Shaping the Industry in 2024 appeared first on Coindoo.
Crypto gaming is making a comeback with Immutable leading the charge. This led IMX, the native token of the platform, to give strong bullish signals, giving investors and traders a substantial 10% uptick since last week. Related Reading: Early Signs Of Breakout Solana To Explode By 900%, According To Analyst The move was supported by an increase in activity within the Immutable network itself, with more than enough game announcements since last week. Hype aside, Immutable is currently solidifying its position within the crypto gaming industry. Major News For The Crypto Gaming Industry Immutables platform for the crypto gaming industry has been proven effective. With an active roster of over 200+, its growth continues to attract more developers to build games on Immutable. Immortal Rising 2 was recently announced that it will be released on Immutable, bringing more attention to the platform with Planetarium Labs CEO and Founder JC Kim stating in a recent interview hes excited to join forces with Immutable which will help them deliver cutting-edge gaming experiences, for users. We are excited to join forces with Immutable to build Immortal Rising 2. This partnership marks a significant milestone in our mission to deliver cutting-edge gaming experiences, Planetarium Labs CEO and Founder JC Kim said in a recent interview. This move came after Immortal Rising 2s success in South Korea and the global gaming market, with over 2 million downloads and a $24 million revenue. Onboarding a hotshot of a game on Immutable will bring more than enough capital to improve its systems. Immortal Rising will hold a second closed beta test with an evaluation occurring today, July 23rd, for the CBT applicants. Another bombshell for Immutable is from a recent blog post that was released today. According to their metrics, over 380+ games are currently in development on Immutables platform. They also boasted the platforms zero-knowledge Ethereum virtual machine (zkEVM) is one of the fastest growing chains in history with over 2.2 million active users. This is a strong indicator that industry-wise, Immutable has a trustworthy platform for developers to use, thus giving investors and traders confidence that IMX is a worthwhile investment. Will Your Portfolio Be Evergreen? IMXs current position is somewhat unstable and safe at the same time. The $1.458 support level has held since the later part of June, but the $1.706 resistance has also held its ground against the bulls. If the bulls have a chance of getting through $1.706, any major market action done by the top cryptocurrencies could influence the price whether for the better or for worse. Related Reading: Chainlink Inches Closer To $18 Despite Bearish Pressure Analyst However, if the bulls can break through $1.706 they will have an open road toward the ~$2 mark. Keeping this in mind, investors and traders should hold until any sign that the market slippage today is only temporary and not a prelude to worse things to come. But with the positive on-chain news it has this month, there is a chance IMX will go against the grain of a market downturn and continue its rise. Featured image from Bloomberg, chart from TradingView
A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.
Treasure Tapper's latest expansion, QUESTS, allows players to unlock luxurious items and exotic locations to boost their rewards. Tokens will soon be minted on the TON blockchain. (Read More)
A clicker game on Steam recently became the talk of the town after flipping some of the most popular games on the platform. Banana became a sensation for its NFT-like rewards, which can be sold for over $1,000 on Steams marketplace. However, the clicking phenomenon has sparked a debate among crypto community members about the state of crypto and web3 gaming. Related Reading: Master Of Scams: Metallicas Hacked X Account Promotes Solana Token Peeling Steams Clicker Game Sensation Banana is an indie game on Steam that consists of clicking the image of a banana to obtain rewards. Although not the first of its kind, its players are rewarded with digital bananas every few hours. Rewards can go from common bananas worth pennies to rare bananas, which can be sold for up to $1,300. The free-to-play game hit the news after it surpassed some of the most popular titles on the platform. Banana flipped Elder Ring and Baldurs Gate 3 in the most-played games list. The clicker game only came second to Counter-Strike 2. As of this writing, the game remains the fourth most played game on Steam, with over 344,000 current players and a 578,000 peak in the last 24 hours. Moreover, it reached an all-time peak of 917,000 players earlier this month. However, the simplicity of the game raised some alarms among gamers. Many believed the clicker game contained malware that turns devices into crypto miners. While others wondered if the game was a scam of sorts. One of Bananas developers, Hery, denied the accusations. Hery told news media outlet Polygon that it is pretty much a stupid game with bananas, not a scam. Many users also speculated if the game was related to NFTs and cryptocurrencies, as it had an NFT-like feeling but without the blockchain technology. A Banana team member clarified that Banana wants nothing to do with crypto. They explained that the game had no intention of integrating crypto as it doesnt mix well with Steam. Additionally, they emphasized that it started as a goofy game to collect some bananas on your Steam profile. Are Crypto And Web3 Gaming Going Banana? Although Banana doesnt plan on integrating with the crypto industry, the game sparked several conversations among the community. Several members took the opportunity to discuss its implications for web3 gaming. A user highlighted the games popularity despite its simple mechanics, proposing the industry doesnt need AAA games to break out. Several community members agreed and suggested theres a misconception about the type of games needed in web3. Although complex and super action games are believed to be the only option, dudes just wanna have fun and make points, said an X user. Seemingly, the sentiment among many was that the industry is making it more complicated than it is. Some users believe that Banana and similar games could help with web3 gaming. The meme quality of the game was pointed out as a potential catalyst for broader adoption. Similarly, this week, Avalanche Gaming discussed Bananas implications on its Gamified Show. According to Paul Bettner, game developer and co-founder of Playful Studios, Banana could be a getaway to the larger world of crypto gaming. To Bettner, the behavior that we all love and participate in web3 as degens and web3 and crypto native users is, in fact, universal. While watching the phenomenon of Steams clicker sensation evolve, the game developer noticed that users were a bunch of degens that dont know theyre degens yet. Related Reading: Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors Ultimately, he considers that people are learning how to degen. If most of these users knew what a wallet or a blockchain was, they would realize they could do that at 1000x the scale on a blockchain. Featured Image from Unsplash.com, Chart from TradingView.com
The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games.
Crypto meets reality TV in a hit online game just scooped by Uniswap.
In the beginning, there was Bitcoin. This was the pioneering cryptocurrency, although at the time, there were plenty of critics who assumed it was pioneering straight into a black hole. Surely nothing could replace fiat currency and certainly not a decentralised token that was untested, volatile, and completely digital. Only Bitcoin did take off, and even […]
The post What Crypto Coins Are Most Used for Gaming Purposes? appeared first on Coindoo.
The digital age has ushered in a revolution across industries, with the online sports betting sector witnessing one of the most significant transformations. At the forefront of this change is SportBet, a pioneering crypto betting platform that harnesses the EOS blockchain to offer a decentralized sportsbook unlike any other. This site is setting new standards […]
The post Ever Dreamed of Unlimited Crypto Betting? How About SportBet’s Decentralized Platform appeared first on Coindoo.
Research by the Financial Conduct Authority (FCA) in the UK found that 68% of younger cryptocurrency traders compare dealing in cryptocurrencies with gambling. This is not surprising, given that most gamblers and traders are risk-loving. US businessman and investor Warren Buffett recognized the similarities between the two activities when he said, Something like bitcoin, it […]
The post The Symbiotic Relationship Between Cryptocurrency and Gambling Statistics and Research Results appeared first on Coindoo.
For many reasons, placing a bet while playing an online casino game can be immensely fun. This excitement can be doubled in an instant if a player gets lucky and ends up winning. Even though today’s online platforms do everything they can to make this withdrawal process as simple and fast as possible, things can […]
The post Stuck Withdrawal? How to Resolve Delays at iGaming Platforms appeared first on Coindoo.
In the rapidly evolving landscape of digital entertainment, a new horizon emerges, blending the adrenaline-pumping action of space combat with the groundbreaking possibilities of Web3 technology. Enter Nova Frontier, a competitive mobile game that not only promises to redefine gaming but also offers a tantalizing speculative opportunity for gamers and investors alike. Introducing Nova Frontier […]
The post Nova Frontier: Unveiling the Future of Web3 Mobile Gaming appeared first on Coindoo.
The gambling scene is changing big time with the introduction of Metaverse casinos. It’s like stepping into a whole new world where everything you know about gambling gets a futuristic twist. Imagine putting on a headset and finding yourself in a bitcoin casino UK that’s limited only by imagination. The term ‘metaverse’ itself has first […]
The post Gambling in the Metaverse: Everything You Need to Know appeared first on Coindoo.
The GameFi ecosystem is growing, but which projects are at the forefront, and where should you be looking to play this year?
The post The Top Five GameFi Projects of 2023 appeared first on Coindoo.
Crypto dice offers an exciting and immersive online gambling experience, where players can roll virtual dice and potentially win or lose cryptocurrency. With its accessibility, anonymity, and transparency, it has gained popularity among cryptocurrency enthusiasts and online gamblers alike. As a first-time game player of crypto dice, you may be curious about the potential for […]
The post How Successful Can I Get with Playing Crypto Dice? appeared first on Coindoo.
These coins are intrinsic parts of gaming ecosystems. Let's dive into the top 10 crypto gaming coins
Mobile games are now just as popular as console and PC games. This is mainly thanks to the technological revolution of the mobile industry towards the mainstream. Crypto, incidentally, is also increasing its influence within the same space. With both sharing similar online and connectivity elements, it is just a matter of time before the […]
The post Mobile Gaming and Crypto Should Become One appeared first on Coindoo.
In this article, we will talk about how to play Axie Infinity, the most intriguing features of the game, and what you can win by playing it.
The post How to Play Axie Infinity? Beginner’s Guide to Mastering NFT Gaming appeared first on Coindoo.
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