Reddit co-founder predicts majority of gamers will demand "play-to-earn" model within next five years
Alexis Ohanian, founder and General Partner of venture capital firm Seven Seven Six, believes that "play-to-earn" gaming is the future and that within the next five years, the majority of gamers won't play games unless they are being properly valued for that time. Ohanian cited the success of Axie Infinity and the six-figure sales of virtual items in other games as evidence that the "play-to-earn" model will become standard for video games. However, many crypto industry executives and developers disagree, arguing that "play-to-earn" is not a sustainable model for the industry and that monetary value should not be the main value metric for gamers.
"Another World: A Metaverse Game Where Players Flex Bored Ape and Other NFTs in a 3D Environment"
Another World is a metaverse game that allows players to showcase their Bored Apes, Clone X, OnChainMonkey, and Azuki NFTs in a 3D environment inspired by the Apes' swampy homelands and Azuki's Japanese anime-inspired aesthetic.
QORPO Game Studio aims to bring triple-A gaming to Web3 with Citizen Conflict and AniMate
In the first quarter of 2023, the Web3 gaming industry experienced growth and exciting developments, with traditional Web2 gaming companies investing $739 million in blockchain games and metaverse projects. Gaming has become a major point of interaction between users and Web3, with almost half of blockchain activity coming from gaming.
Arcade Meets Blockchain: Ordz Games Combines GameFi, Ordinals, and BRC20 Tokens
Ordz Game combines multiple innovative elements such as GameFi, Ordinals, and BRC-20 tokens to create a unique experience for users.
QWAN Foundation Launches Universal Gaming Token for Web3 with Major Industry Players on Board
The QWAN Foundation is set to launch its QWAN token on May 31, which will be listed on multiple exchanges. QWAN aims to become a universal gaming token for web3, with major players already supporting its vision. Web3 gaming allows players to truly own their in-game assets as NFTs and use fungible utility tokens within a circular economy.
PancakeSwap (CAKE) becomes first DEX to launch its own GameFi
According to the official statement by
the PancakeSwap (CAKE) team, its pioneering GameFi platform Pancake
Protectors kicks off in mainnet. The new project invites all enthusiasts
of decentralized video gaming to exciting gameplay with fictional
characters, PvP battles for towers, tournaments and so on.
Epic Games Expands Web3 Game Lineup: 20 New Titles Coming Soon!
Currently, Epic Games already has five NFT games available in their marketplace. However, their executive, Steve Allison, has exciting news to share. He revealed their ambitious plan to introduce nearly 20 additional NFT games, expanding the gaming options for enthusiasts and further embracing the potential of blockchain technology. Although Epic Games is not the developer behind the NFT games, Allison states that the games in their lineup are achieving impressive results.
Pikamoon (PIKA) Emerges as Dominating GameFi Token with Potential for 4500% ROI by 2023
The introduction of the GameFi token is causing a stir in the crypto world due to its disruptive features that are expected to revolutionize the GameFi landscape. Crypto investors, enthusiasts, and whales are showing interest in the token due to its impressive value and utility. Experts predict that the token, Pikamoon (PIKA), will outperform other GameFi tokens like AXS, making it a strong contender in the market. PIKA's integration into the Pikaverse metaverse, where it serves as the native currency, is driving transactions and powering the in-game marketplace, creating a surge in demand and generating explosive returns for investors. The presale of PIKA has already made early investors crypto millionaires, with a potential 4500% ROI predicted by the end of 2023, making it an unparalleled investment opportunity in the crypto market.
BNB Chain Launches New DeFi and GameFi Projects, Sees Significant Growth in NFT Ecosystem, Onboards Cyber Titans and Bidao, Poised to Overtake Tron
BNB Chain has expanded its projects in DeFi and GameFi, with a growing NFT ecosystem and new project onboarding. While currently second to Tron in daily active addresses, this may change in the future. Despite a slight price decline, BNB's MVRV Ratio and velocity suggest potential for growth.
Udys Solutions Receives NSE Approval for SME IPO
Udys Solutions Ltd, a company focused on blockchain, AI, and gaming technology, has received NSE approval for an SME IPO. The company plans to invest around Rs 80 million to establish a gaming studio and a multi-gaming platform. The new Yudy’s Game Studio will create high-quality games for multiple platforms and also develop games for other publishers. The company aims to expand its game portfolio, enhance the gaming experience, and grow gamer communities. Udys Solutions is set to be the first game developer to publicly list and have its own publishing platform.
