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Huobi Global, a cryptocurrency exchange, has declared a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform. In an official blog post on March 31, Huobi announced a partnership with Gala Games for the development of the Web3 ecosystem. The two companies will collaborate to invest in and list projects
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“We’ve seen an emphasis on infrastructure investment for blockchain games, and many teams are doing great work tackling important problems in the technology and services ‘stack’” said Steven Chen, core contributor at Game7. “A focus on bringing in more quality games and [intellectual property] will drive the sector forward, as
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According to Claudio Riff, the CEO of Pooky, a sport prediction game powered by blockchain, gaming may be one of the more effective ways of getting users to experience the potential of blockchain and Web3 without dealing with the associated complexities. Onboarding People to Web3 Through Gaming Pointing to the gaming industry’s
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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 AAA title set in the Eve universe. We're excited to announce that we have secured $40M financing, led by @a16z, to create
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The patent, originally filed last week, would allow players of Sony products such as its flagship Playstation to have an interoperable Web3 gameplay experience. Gamers would be allowed to transfer in-game assets between devices such as virtual reality (VR) headsets, tablets, computers and smartphones. The patent application also noted that
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Iceland-based CCP, which was founded in 1997, said in the announcement that the new game would use smart-contract technology to create relationships between the virtual worlds and players. Other investors in the round included Makers Fund, Bitkraft, Kingsway Capital, Hashed and Nexon, among others. Source
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The commitment comes ahead of next month's launch of EOS Ethereum Virtual Machine (EVM). Source
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The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals are introducing victims to this kind of game and then use malware to extract the funds from
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Danish toy giant Lego is building on its metaverse push by partnering with gaming facilitator Epic Games to target digital markets. The Lego Group is collaborating with gaming engine company Epic Games to launch a metaverse-driven initiative targeting digital markets. According to reports, the popular Danish toy company seeks to diversify its entertainment offerings
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A crypto startup backed by the American rapper Jayceon Terrell Taylor, better known as “The Game,” had its registration revoked by the United States Securities and Exchange Commission (SEC) for violating securities laws after failing to file periodic reports.ParagonCoin Limited, a crypto firm focusing on the marijuana industry, had its
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