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In the first few weeks of the year, a considerable amount of capital was allocated to investment pools looking for the next big thing in GameFi — the collision of crypto and gaming. In January, FTX established a $2 billion fund to target gaming; shortly after Singapore’s Crypto.com Ventures upped
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The crypto market seems to have lost its luster for a while now, with the overall market valuation falling below $2-trillion. Despite Bitcoin’s 13th birthday celebrations, the crypto carnage has persisted. The blue-chip cryptos are now battling for action with a dramatic drop in volumes. However, the current drop has
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NFTs existed prior to 2021, but it was last year that digital art exploded in the blockchain space, and digital artists shone in the NFT spotlight. While the crypto world became an exciting place to be, a new generation of NFT artists entered the world’s largest artistic movement to date. Crypto
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The blockchain gaming eco-system is rapidly evolving with new developments all the time in crypto (play-to-earn), NFTs (digital assets), and social-fi (individual de-fi). On a wider scale, a parallel can be drawn - how Las Vegas was built. At first, there was one bistro with a few slot machines and
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Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of decentralized finance (DeFi) and blockchain gaming that incentivizes users based on a play-to-earn model. According to Huobi Research, on-chain data suggests that GameFi initiatives
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Seedify and Gamefi are the top gaming launchpads in the blockchain sector. ERTHA is pleased to have launched there and sold out the community pools in 53 and 32 seconds respectively. To back up, ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on Binance
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YGG is a great example of this. In a blog post this summer, Arianna Simpson, a general partner at Andreessen Horowitz who invests in crypto, wrote about this opportunity in regard to the investment in YGG. “Right now, there is a largely untapped economic opportunity in emerging markets to provide
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When it comes to gaming, certain genres are always in vogue. Shooter RPGs. Survival games. Immersive action-adventure odysseys focused on exploration and discovery. And, of course, battle-based games that revolve around towering fighting machines known as mecha. This isn’t a surprise, of course. Talking robotics with cannons for arms have broad
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GameFi is one of the hottest new trends to emerge from the crypto industry, combining decentralized finance (DeFi) and non-fungible tokens (NFTs) with blockchain-based online games.Unlike many traditional online games, which operate on a “pay-to-win” model and allow players to purchase upgrades in order to gain an advantage over others,
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Gamesta is the smart contract-based guild enabling investors to connect and empower thousands of underprivileged players throughout the world. Gamesta Guild believes the value of any game is created by the network of players playing it. Each player, regardless of their wealth or means, represents the same value in a
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