NFTs and Blockchain Gaming on the Rise in India Despite Regulatory Uncertainty
India's Web3 industry is seeing increased adoption beyond just cryptocurrencies, with blockchain gaming and NFTs also gaining popularity. NFTs are being utilized for digital assets in the metaverse, as well as for copyright and royalty rights. Despite Indian NFT companies accounting for 5% of the global share and being used to fund creative ventures, regulatory uncertainty remains a hindrance to widespread adoption of NFTs and blockchain gaming in India.
Chain of Alliance Launches Public Alpha 1.0 on Chromia Testnet Sigma, Redefining Turn-Based RPG Gaming
Chain of Alliance has launched Public Alpha 1.0 on Chromia Testnet Sigma, marking a significant milestone in its journey to become the premier turn-based, party-builder RPG multiverse. The company aims to redefine the landscape of turn-based RPG gaming and create a vibrant and inclusive community driven by a shared passion for the genre. With a clear and attainable roadmap for the year ahead, the game is now available to experience firsthand on the official website.
DEA Launches Web3 Advertising Service "Answer to Earn" with Cryptocurrency and NFT Incentives
Digital Entertainment Asset (DEA), a GameFi company based in Singapore, has announced the development of a new Web3 advertising service called "Answer to Earn" on the PlayMining GameFi platform. This innovative service allows companies to promote their brands through interactive surveys and quizzes, while users are rewarded with cryptocurrency and NFT incentives for their participation. DEA is currently seeking partnerships with interested companies to participate in the Proof of Concept (PoC) phase, with the aim of launching the service in 2023. The PlayMining platform, which includes an NFT Marketplace and an immersive NFT gaming and Metaverse platform, is a pioneering business model for content creation.
Kana Labs Receives Investment from MARBLEX, Collaborating to Onboard Next Billion Web3 Users
Blockchain firm <mark class="cdx-marker">Kana Labs</mark> has received investment from MARBLEX, a GameFi-centered blockchain ecosystem firm. Both companies aim to onboard the next billion users from Web2 to Web3, and Kana Labs' focus on the DeFi market made it an ideal partner for MARBLEX.
STAR DUKE: Can a Strong DeFi Model Unlock the Prosperity of GameFi?
Star Duke is a blockchain game that combines DeFi and NFTs to create a unique Play-to-Earn (P2E) metaverse.Overall, Star Duke offers an immersive DeFi-powered gaming experience with a focus on sustainability and community involvement.
KARMAVERSE: For GameFi, back to its foundation is the only way to go.
KARMAVERSE is a blockchain-based metaspace game platform aiming to bring back the fun and gameplay elements to the GameFi sector. By integrating multiple game universes, NFT marketplaces, in-game DEX/wallets, and a dynamic balance adjustment system, KARMAVERSE strives to create an engaging gaming experience while incorporating blockchain technology and Play-to-Earn opportunities.
FlerkenS: Moving towards Web3 data democratization
FlerkenS is a blockchain-based data collection platform, aimed at achieving user data autonomy, democratization and tokenization in the Web3 environment
Lifeform Completes $300M B Round Led by IDG Capital
（Cointime,15th May）Lifeform has completed its B round of financing, with IDG Capital leading the investment. The round has resulted in a $300m valuation, and IDG Capital will provide partnerships and co-build a digital citizen world with Lifeform. The platform plans to develop diverse scenarios such as GameFi and metaverse conferences with its users to create an exciting multiverse.
This funding boost is expected to help Lifeform expand its ecosystem and stay ahead of competitors. IDG Capital's investment is a significant vote of confidence in Lifeform's business model and long-term growth potential.
Pikamoon's $PIKA GameFi Token Could Deliver 1000% Better Returns Than Theta Network (THETA)
A new player has entered the GameFi world and is expected to deliver better returns than Theta Network. While some analysts believe that Theta Network could see a turnaround in 2023, Pikamoon is a GameFi project that is set to outshine it with its advanced technologies, gaming modes, and strategic tokenomics. Investors have the opportunity to make a 300% return by investing in PIKA now, before its launch in 2023. With demand for the token expected to rise, this is a great investment opportunity for early adopters. Don't miss out on the chance to invest in Pikamoon.
Playcraft Raises $2 Million in First Funding Round, Set to Launch Alpha Test Version
PlayCraft has raised $2 million in its First Financing Round and plans to start the Second Funding Round in May for continuous game R&D, project operation, and marketing promotion.
