Yee-Haw Monster Trucks Raises $3.3M to Develop Ethereum Blockchain-Based Virtual World, The Citadel
Los Angeles-based gaming studio Yee-Haw Monster Trucks has secured $3.3m in seed funding to continue developing The Citadel, a sci-fi virtual world built entirely on the Ethereum blockchain. The game will be governed by its community of players and will use decentralized and fully open source architecture. The Citadel will host all of its game state, assets, and logic directly on blockchain smart contracts instead of conventional server-based architecture. Yee-Haw Monster Trucks plans to launch a public playtest for The Citadel soon and is currently hiring artists and engineers.
Blockchain game Illuvium will be available on Epic Games Store
The blockchain game Illuvium will be available on the Epic Games Store on November 28th.
Chain game Citadel received US$3.3 million in seed round financing, led by 1kx
Blockchain gaming company Citadel has raised $3.3 million in seed funding, led by 1kx with participation from Shima Capital, Hashed, Matchbox DAO, Ready Player DAO, and several angel investors.
October Web3 Gaming Industry Faces User Acquisition Challenges Despite Market Cap Growth
October Web3 Gaming Industry Faces User Acquisition Challenges Despite Market Cap Growth
A variety of NFTs are being distributed for free on Amazon Prime Gaming, the gaming service provided by Amazon
Amazon Prime Gaming is currently offering a variety of NFTs for free.<br>The number of NFT games under Amazon Prime Gaming continues to increase, and recently the PvP card game "Brawlers" on WAX and the auto-battler game "Mojo Melee" on Polygon announced their collaboration with Amazon Prime Gaming.<br>Previously reported in March, Amazon's own NFT marketplace "Amazon Digital Marketplace" may soon be released, but currently NFT-related services are available through "Prime Gaming".
Animoca Brands Lianchuang: The craze related to Bitcoin spot ETFs promotes the recovery of the GameFi field
Animoca Brands co-founder Yat Siu said that the market's enthusiasm for the expected launch of a Bitcoin spot ETF has not only pushed up the price of Bitcoin, but also reignited people's enthusiasm for blockchain games.
Yat Siu said: "Token value is a way to build confidence in users and utility. This is not just about making money, but also about feeling confident about what you own." Yat Siu explained that measuring the growth and confidence of the GameFi sector can be done by closely monitoring on-chain activities.
In addition, Yat Siu believes that if a spot Bitcoin ETF product is approved, it will have incredible benefits for the entire industry, increase the legitimacy of the industry, and attract a large amount of new investment from traditional financial institutions.
The Sandbox: Will launch its fund Game Maker Fund with 100 million SAND in 2024
On November 3, The Sandbox officially announced that it will launch its Game Maker Fund with 100 million SAND coins in 2024. The fund aims to support initiatives from game and digital experience designers within The Sandbox's metaverse, and achieve this goal by funding and releasing their projects.
Immutable's zkEVM network to deploy trio of upcoming blockchain games
Immutable has announced that three upcoming blockchain games, GensoKishi Online, Cursed Stone, and Sailwars, will be deployed on the gaming-centric Ethereum scaling network, Immutable zkEVM, which is built using Polygon's zkEVM technology and is fully compatible with the Ethereum Virtual Machine. The scaling network will allow the games to handle larger volumes of transactions with lower costs than Ethereum's mainnet. GensoKishi Online, developed by Metap, is a "metaverse-native reincarnation" of the popular Elemental Knights Online game, while Cursed Stone is a 3D open-world MMORPG that will allow players to own and trade dynamic NFT assets. Sailwars is a Web3 game inspired by naval skirmishes and fantasy epics. Other games being built on Immutable zkEVM include Shardbound, MetalCore, and Space Nation.
MOBOX invests US$7 million in token MBOX repurchase and destruction
Web3 gaming platform MOBOX announced that it will use $7 million in treasury funds to launch a new token buyback and burn plan, starting with a $1 million buyback in this phase. <br>
Algorand Ventures announces investment in earning game Fracctal Monsters
Algorand Ventures has announced an investment in the game Fracctal Monsters, with the amount undisclosed. In Fracctal Monsters, players have the opportunity to breed, battle, explore, train, and evolve virtual pets. With this investment, the team plans to continue creating immersive online pVp experiences, developing a Steam version of the game, and expanding beyond the digital realm.
