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Moonveil Entertainment, a web3 gaming studio, has unveiled a $5.4 million seed investment round, co-headed by Gumi Cryptos Capital and Arcane Group. The investment was spearheaded by Gumi Cryptos Capital and Arcane Group, with additional contributions from Longhash, IOSG, and Infinity Ventures Crypto. Established in the final quarter of 2022, Moonveil has
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Layer-1 blockchain Avalanche is known for its speed, low cost, scalability, and security. Blockchain horse racing game NEOBRED has announced that it is integrating with blockchain Avalanche to provide players with a superior gaming experience by leveraging the network’s speed and cost-effectiveness. A spokesperson from NEOBRED said of the integration: “We are excited
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Currently, there are a few key benefits we can point to when talking about the value that Web3 brings to games, including digital asset ownership, open and permissionless marketplaces, interoperability, transparency, provable scarcity, and community building. But earlier this year, Philip La, a former product manager for Axie Infinity and
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Sensei Inu’s presale is gaining attention for its unique approach. The project is presenting an opportunity that sets it apart from other meme coins and presales. Sensei Inu vs. the competition Sensei Inu’s presale has come into focus and is gaining attention, prompting a closer examination by market participants. The project seeks to
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Cloud gaming as a key aspect of what Microsoft is bringing to the world of gaming. A recent deal saw tech giant Microsoft Corp (NASDAQ: MSFT) paying $69 billion to acquire US game publisher Activision Blizzard Inc (NASDAQ: ATVI). However, according to venture capital (VC) firm Konvoy, that Microsoft’s deal might
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BitPay, the pioneering crypto payment service provider based in Atlanta, Georgia, has taken another significant step in its collaboration with global video
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SEGA’s co-COO Shuji Utsumi and Double Jump Tokyo CEO Hironobu Ueno expect a future where blockchain technology is prevalent across the gaming industry. In a recent interview with Japanese publication Dengeki Online, Utsumi and Ueno gave their collective insights into the progress of the highly anticipated game, Battle of Three Kingdoms,
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A lot was said about the metaverse when the Microsoft deal to acquire Activision Blizzard was announced in January 2022. The attention mainly was on business communications, rather than gaming. If public statements and leaked documents are any guide, the Activision deal could promise more for the future of crypto
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Blockchain gaming projects have seen $2.3 billion in investments in 2023, with the third quarter getting $600 million despite crypto market prices seemingly being in a bearish mood all year. According to a report from the decentralized applications (DApp) tracking platform DappRadar, the first quarter of 2023 netted $739 million in
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On Oct. 13, NvirWorld partnered with the Internet Computer Protocol (ICP) to activate the web3 ecosystem. The Memorandum of Understanding (MOU) between the two companies will see NvirWorld integrate the ICP network into its web3 game ecosystem and expand it. As part of the agreement, NvirWorld will operate a web3 gaming launchpad
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