Category: gaming

A16z Launches $600 Million Web3 Gaming Focused Fund

A16z Launches $600 Million Web3 Gaming Focused Fund

A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements […]

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Game Developer Group States Using NFTs in Gaming Presents Ethical Issues

Game Developer Group States Using NFTs in Gaming Presents Ethical Issues

The International Game Developers Association (IGDA), a group integrated by a number of game developers and programmers from companies across the globe, has addressed the use of NFTs (non-fungible tokens) in the gaming industry. The director of the group has stated that the introduction of these elements in gaming projects presents “ethical issues,” and this […]

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PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services

PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services

Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to […]

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Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea

Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea

Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca […]

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Mapping out Jump Crypto’s portfolio

Mapping out Jump Crypto’s portfolio

Quick Take While Jump Trading has built its name and reputation in the traditional finance world being one of the largest traders by volume, its been involved with the crypto sector in some capacity since 2015 Throughout 2021, Crypto trading firms, including Jump ramped up their venture investing in early-stage startups and projects In total, […]

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YouTube’s head of gaming leaves to join Polygon Studios as CEO

YouTube’s head of gaming leaves to join Polygon Studios as CEO

Ryan Wyatt, who served as YouTube’s Head of Gaming for seven years, is leaving next month to become CEO of Polygon Studios.  Polygon Studios is the gaming and NFT arm of Polygon, an Ethereum scaling project. In his new role, Wyatt will lead Polygon Studios across gaming, entertainment, fashion, news and sports and grow the […]

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FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption

The cryptocurrency firm FTX has announced the launch of a $2 billion venture capital fund called FTX Ventures. The fund’s focus will be on advancing blockchain and Web3 technology alongside investments in “social, gaming, fintech, software, and healthcare.” FTX Reveals $2 Billion Venture Capital Fund, Hires Lightspeed Partner Amy Wu FTX Trading Limited has announced […]

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Deciphering the Metaverse: The emergence of trading card game innovation

Deciphering the Metaverse: The emergence of trading card game innovation

Quick Take This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds Over the last week, NFT trading activity on Ethereum, in particular, has been celebrating a meteoric comeback In the blockchain gaming sphere, the trading card game category is starting to distinguish itself as a flourishing hotbed of innovative […]

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Square Enix plans to invest more in blockchain gaming in 2022

Square Enix plans to invest more in blockchain gaming in 2022

One of the world’s best-known gaming companies intends to grow its footprint in the world of blockchain-based gaming this year. Square Enix president Yosuke Matsuda spent much of a January 1st letter discussing what he termed “decentralized gaming,” noting that “I hope this becomes a major trend in gaming going forward.” “If we refer to […]

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Mapping out the blockchain gaming ecosystem

Mapping out the blockchain gaming ecosystem

Quick Take Blockchain gaming has become a very popular topic of discussion due to its wide variety of game-play modes, real-use cases, and economic models. The integration and leveraging of NFT technology into blockchain games has enabled game developers and studios to offer in-game upgrades, assets, and unlock liquidity. Forte has raised over $900 million, […]

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