Yoda Labs Monthly Recap
Game on for Web3 in April
April was an awesome and good news intensive month for blockchain gaming, as we saw Web2 brands such as Brave Browser, Jack Daniels, and Square Enix making their mark. Web3 native brands and personalities remain heavily involved in game development and continue to push the envelope further. Yoda Labs has you covered!
Also in our monthly digest:
Microsft-Activision broken deal is good for Web3 studios
Dr. Disrespect’s Snapshot V event fills an Esports stadium
Yuga Labs’ Legends of Mara has players asking for more
PUBG creator launching a metaverse game with NFTs
China embraces the metaverse and builds out a district
Web2 giants to drop any Web3 terminology to drive mass adoption
Zilliqa is launching a Web3 gaming console
Yoda Labs exclusive research report featuring expert insights into the Immutable Gaming Ecosystem
Stay tuned for the next one very soon!
Web3 Gaming News 🎮
Microsoft-Activision deal failure could benefit Web3 game developers by reducing competition from larger traditional gaming studios and opening up opportunities for Web3 native brands
Onenet has released Bushi, an Overwatch-like hero shooter that is NFT-enabled with a unique look and inspired by the likes of Spellbreak, GunZ The Duel, and battle royale smash Fortnite
Kapital DAO launched Odyn, a browser-based gaming platform to make Web3 gaming easier for players
Deadrop, co-founded by Dr Disrespect, has sold 10,000 Founder Pass NFTs and showcased its Snapshot V pre-alpha build at Esports Stadium
Gala Games is set to release ‘Grit,’ a Wild West battle royale game with optional NFTs, on the Epic Games Store featuring gunslinging gameplay with different card "suits" attached to weapons
AIGameToEarn launches whitelist for its upcoming platform combining artificial intelligence and gaming with limited spots for the purchase of AI NFTs and a $100K monthly leaderboard
Aqua.xyz is launching an NFT marketplace for gamers, with a focus on asset quality and in-game marketplaces to prevent player dropoff
Animoca Brands and ONE Championship are teaming up to release a mobile game in 2024 using NFTs and allowing players to own in-game assets, including fighters
Chainmonsters shuts down its game servers and pauses development due to poor performance in their land sale and inability to raise additional funding
Brave partners with 3XP Web3 Gaming Expo to sponsor the 3XP Esports Arena in Pasadena, featuring $BAT token rewards for tournament winners and a variety of web3 games
Eternal Dragons have released a mobile app in alpha testing, expanding the availability of the Solana-based auto-battler game to Android users
Seedify launches Shockwaves, an AI-powered NFT gaming platform with first-person shooter gameplay allowing players to earn and spend money within the game's economy using the Neuros token
Storybook Brawl, a Web3 video game acquired by FTX, is shutting down due to the collapse of the crypto exchange and the inability of its parent company to find a way forward
Wemade signs contracts with game companies worldwide for its Wemix Play platform, adding new games and upgrading to Wemix Play v3
Cross The Ages, a mobile-based collectible card game, combines fantasy and sci-fi elements, allowing players to collect digital and physical cards to explore a dystopian universe
Elixir partners up with Square Enix, to offer traditional gaming fans access to Web3 games with a wider goal of pushing Web3 gaming adoption
Symbiogenesis by Square Enix fails to capture the attention of traditional gamers but the creators of the Final Fantasy series are committed and building new IP around this Web3 game
Gaming hardware maker Razer is stepping into Web3 games via its incubator ZW3I and is looking to fund games that are immersive and have engaging gameplay
Novel Labs and Faraway are developing Serum City on Ethereum, which will use ApeCoin as its primary in-game currency and feature Mutant Apes as the main characters
In Serum City, Mutant Apes are the main characters, and MAYC is among a few NFT collections that will provide owners access to the game
iLogos Game Studios has teamed up with Immutable to create web3 games by combining their gaming and blockchain expertise
Zilliqa launched a Web3 gaming console with a built-in miner and crypto wallet to capitalize on the growing Web3 gaming market whilst expanding the ZIL ecosystem at the same time
The HUXLEY showed fans its immersive gaming world, a multiplayer game experience indicating a significant step towards the full game release
Bluzelle launches Capella, a platform that has a streamlined process to trade and store gaming assets on Cosmos.
Gunzilla launches Gunz a new gaming L1 on Avalanche to optimize for the perfect user experience whilst also removing the need to use AVAX tokens.
Aether Games the gaming studio behind League of Legends and God of War partners with Mysten Labs an initial developer of the Sui network to build dark fantasy Web3 games.
Ready to experience play like never before?
Ultra Games is launching on the 25th of April 🎮
Explore a variety of games, participate in exclusive tournaments, and get rewarded for referring your friends!
Read the details:
— Ultra (@ultra_io)
Apr 5, 2023
WAX Antelope upgrade hopes to boost Web3 gaming adoption by streamlining the development process and enhancing gaming experience
Maxelium Games will release Viking Crypto Punks, a new Web3 game, in the second half of 2023; players can create over 60 million NFTs for unique gaming experiences.
Waypoint Gaming has partnered with NFT Champions with a view to becoming the #1 Web3 gaming event
Stella Fantasy, a high-quality Web3 ARPG, has officially launched and is now available for all adventurers to enjoy.
Legends of Mara, Yuga Labs’ highly anticipated 2D web-based game, has provided more details featuring Hunting, Farming, and Enchanting types of Vessels
Farmers World, the third-ranked blockchain game on DappRadar, is well on it way to surpass the popularity of traditional farming games
Community Gaming confirms layoffs of 17 employees, the Web3 esports platform is citing economic struggles in the gaming industry.
TQ Games the studio behind Shrapnel offered a free mint and is delighting customers by sending the AVAX token for gas fees
🎆 STELLA FANTASY GRAND LAUNCH 🎆
Stella Fantasy Grand Launch is finally here.
All Adventurers can now access the game and enjoy Stella Fantasy.
— Stella Fantasy (@rStellaFantasy)
Apr 13, 2023
Forj by Animoca Brand and VIKER launch Web3 mobile game tournament using the PolkaPet World digital collectibles franchise, where holders can win a share of $5K in $PETS tokens
Gadget-Bot Productions has announced the launch of Kaidro, a new Web3 RPG game with NFTs for unique playable characters with their own storylines and character-specific items
Crypto Unicorns lets players vote on the next game to be developed to ensure the community has a say and meets their needs.
Qorbi World has announced the alpha testing of its first game, ‘One Tap,’ a free-to-play 1v1 FPS deathmatch game that includes blockchain rewards and cross-game NFT assets
ZEBEDEE and Guilds wagering platform hosted a Bitcoin Games Day with the intention to invite the next slew of gamers by offering huge BTC/USD rewards.
Tetro Tiles an easy to play, but tough-to-master puzzler on iOS and Android rewards players with small amounts of Bitcoin
No need for a crypto wallet to be involved in Web3 gaming
Actually, no need for crypto anything to be involved in Web3 gaming.
Tetro Tiles is the latest example of a team that is on a mission to convert traditional gamers. Actually, that may not be their mission at all - but raising awareness of Web3 gaming is being done via their reward mechanism.
Before getting to rewards a number of purposeful decisions have been made. Offering, multiple ways to log in such as Gmail, Twitter, or email accounts there is no onboarding friction. The game is available on Apple’s App Store and Google Play Store is perfectly accessible and the fact it is mobile-ready is perfect for cauls gamers. Add to the fact that the game had a name change from Bitcoin Blocks to Tetro Blocks - the game has a perfect product market fit.
So simple it doesn’t need a tutorial the game is fun and engaging. Satoshis, the smallest denominations of Bitcoin are offered as rewards. Players don’t need to cash them out and can continue racking up these in-game rewards. By why let that go to waste? Players that do want to cash out, can. For that, the Lightening network is used and a wallet is needed. Who said Web3 gaming needs to be called Web3 gaming? Soon it’ll just be called gaming and players won’t even know.
15K sats🟠 by playing TETRO TILES and 165K points!! A beast! 👾🚀
— THNDR (@THNDRGAMES)
Apr 21, 2023
Beam, a new gaming-focused blockchain on Avalanche, has been launched by Merit Circle DAO, aimed directly at gamers and game developers to deploy on-chain games with ease
Tezos India and GoLive Games launched a new NFT cricket strategy game, ‘Cricket Stars’, featuring player vs player modes, knockout tournaments, and esports tournaments
Gala Games is holding a token airdrop event for their new v2 tokens with improved security features and a token burn mechanism which could make them more valuable
Ed Chang Head of Gaming at Ava Labs thinks its too early to tell which genre is best for Web3, instead the company is positioning itself as the Netflix of Web3 games
Runiverse to announce its first tournament, allowing users to join communities and compete in Run-to-Earn competitions that incentivize social interaction and bridge the crypto and gaming communities.
Bitkraft Ventures hires Riot Games and Temasek former employees to expand in Asia and invest in promising gaming and interactive entertainment startups
NFL Rivals is a fantasy football game that holds an official NFL license whilst utilizing NFTs within its mobile game is looking to move to Polkadot
Octo Gaming is now listed on KuCoin so competing players can monetize and cash in their time spent playing mobile casual games.
Polygon has become the second-largest gaming Blockchain with only WAX having higher daily unique address wallets.
Jack Daniel's is releasing an AR game partnering with Yahoo Creative Studios which includes music NFTs and alcohol rewards as part of their Web3 initiatives.
Consumption in Web3 gaming - is that even possible?
One would not think that a real-life experience of eating and drinking could be replicated in the virtual world. But food and drink brands are dominating the headlines as they capitalize on the benefits of first mover advantage. Last week we reported Wrigley, Papa John’s, and Mcdonald’s metaverse presence.
Now we see the prominent Whiskey brand Jack Daniels entering Web3. What’s more, they have done it with calculated precision. Knowing that mainstream metaverse adoption is still quite far away the company has adopted a more reserved approach by embracing AR and casual gameplay. Many believe AR will be the stepping stone into wider metaverse adoption and an equal amount of voices have expressed that casual games are the way forward for Web3 gaming adoption.
Additionally, they have chosen to feature Music NFTs. This is a stroke of genius. Not only is it slowly entering Web3, but it chooses to do so without the stigma of PFP-based NFTs. Music NFTs are also in their infancy so the brand is getting in on a scene that is yet to peak. Add to the fact that drink and music go hand in hand it’s a no-brainer, and it's a classy move whilst rewarding their loyal customers at the same time. Cheers to that JD.
Web3 Gaming Trends 🚀
Asia is predicted to make up 80% of all Web3 gamers, according to a recent study by DappRadar and Pacific Meta
Non-genuine Web3 gamers can harm the game's stability and economy and reduce genuine gamers, according to a recent study by Footprint Analytics
Tencent, Alibaba, and ByteDance are investing heavily in China's Metaverse industry, which the government has designated a strategic industry and is expected to increase 40% this year
Adapting to the changing landscape of Web3 gaming, from free-to-play to pay-to-win
XSET signs Bryan "Brycent" Johnson as its first Web3 gaming content creator, marking its foray into Web3 gaming
Web3 gaming is changing from Pay-to-Earn to Play-and-Earn because players now want to earn real-world value for their time and effort, not just tokens for in-game achievements
CS: GO skin sold for $500K, highlighting the potential of NFT gaming assets to enhance the gaming experience and provide verifiable ownership and new engagement opportunities
INTA releases white papers on NFTs and the Metaverse to assist brand practitioners in adapting to new digital ecosystems
Yuga Labs's Otherdeed NFT collection features unique traits with utility beyond aesthetics, and the recently announced LOTM, showing the potential of Web3 gaming and nature of NFTs.
Feature.io and filmmaker David Ayer are creating ‘Lollipop’, a Polygon-based car racing game that has interactive multimedia and storytelling as we see more integration of streaming, films and games.
Firms are going out of their way to drop Web3 terminology
To the traditionalists, anything that mentions Crypto, NFTs, or Web3 is pre-judged as a scam. Granted the industry has taken a few knocks. Web2 industry veterans such as David Ayer of “The Fast and Furious” and “Suidice Squad” is making a stand.
At its heart, Lollipop is a Web3 video game that uses NFTs. However phrases such as “digital collectibles” and “interactive media experience” are preferred as it avoids the negative stigma. Throw in other phrases like “episodic streaming, gaming, and professional sports“it is only Web3 technology that can combine all elements.
Perhaps this is unfair to those that are 24/7 Web3 natives. If changing the phrases leads to wider adoption then this could be a pill that we have to swallow. Ask any Web3 person if they like the term digital collectible and they will rebuke it, look at you funny, and walk away. But no one in Web3 can come up with a better term. So for now we may have to stick with this trend.
That’s of course until Apple comes up with a name - and in turn, claims that they invented the blockchain, NFTs, and Web3 gaming.
Blockchain RPGs use limited NFTs to create a sustainable and profitable business model for a new gaming experience.
Alan Tan co-founder of Shanda Games introduced a new concept called player-centric gaming and Web3 game called MetaCene highlighting more cooperative models
MetaPoint's $POT smart contract got hacked, losing 2,515 $BNB worth $1M, highlighting the need for Metaverse and crypto industry security.
Upland attracted over 3M users and paid $1.8M to players who traded properties through their NFT-to-USD program, highlighting the growing trend of virtual economies within the Metaverse
NFTs are now being used in the iGaming industry for deposits, rewards, granting access to casinos and loyalty programs where players could own a slot machine and benefit as business owners
Brycent becomes the first Web3 gamer to officially partner with Ledger a bullish moment for both parties as renowned companies are beginning to take Web3 games seriously
Gaming is expected to drive mainstream adoption of web3, as NFT projects aim to integrate with gaming projects due to the high usage of digital assets and skins by gamers.
Gaming is the mainstream gateway for web3
It's the largest native group of people who regularly leverages digital skins, items, and assets and 99.9% of them aren't in web3
Most NFT projects will shift or have some product exposure to gaming.
— Brycent 🚀 (@brycent_)
Apr 4, 2023
Web3 Funding News 💸
TinyTap, an educational learning game, raises $8.5M to become a Web3 platform employing Publisher NFTs to empower content creators and increase value for teachers and parents.
XRSPACE raises $25M led by Foxconn Technology Group and Taiwan's National Development Fund to develop new 3D live and social experiences in the metaverse platform
Karate Combat raises $18M led by Bitkraft Ventures but also has participation from Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey and others
DWF Labs invested $16M in Raca to further develop, expand and promote the Raca Platform and their Web3 gaming ecosystem
Fingerlabs secures investment from WeMade Play and a venture capital firm with a view to make extensive collaboration in the game and metaverse sectors
Bitkraft the gaming VC has raised $221M in its second token fund and is looking to invest in Web3 teams that have an abundance of experience
Web3 gaming has raised over $7 billion in funding over the past 18 months, making it the crypto industry's most funded sector, according to recent reports
Web 3 gaming has raised over $7 billion in the past 18 months, more than any other sector in Crypto 🎮
I’ll uncover the key to it going mainstream 👇
— Trissy (@Cryptotrissy)
Apr 30, 2023
Exploring the Metaverse 🛸
Sandbox launches its Mega City 3 LAND sale in China, drawing inspiration from the vibrant city of Greater China to create a futuristic hub that seamlessly blends tradition and innovation
Next e.Go Mobile and Microsoft are collaborating to exhibit an electric vehicle production process in an industrial Metaverse Demo in Germany
Hola City, uses farming aand harvesting and allows players to build businesses which generate income via the native Hola token
Sensorium's Metaverse gaming project, UNDER, conducts private sales of NFTs and burns $500k worth of SENSO tokens for a healthy tokenomics ecosystem and user monetization
SinVerse is holding a land sale on April 21st to allow players to purchase plots and build businesses.
Pikamoon, a new P2E game, lets players battle and explore in the immersive Pikaverse self-funded by a team of experts who have learned from the past mistakes of other MMOs
Lamina1 Is Building for the Open Metaverse aims for Web3 developers to focus on digital ownership and fair pay
LaMelo Ball and The Sandbox join forces to create 'Meloverse' focusing on 21-year-old NBA star LaMelo Ball and seeking to engage LaMelo Ball fans and draw young people to Web3 and Metaverse
LaMelo Ball and The Sandbox join forces to create 'Meloverse
Celebrities and athletes still the best way to draw attention
This tried and tested approach still seems to work for a number of different reasons. Celebrities and athletes have big fan bases and impacts. Fans are more interested in projects they encourage. The fame and influence bring in media coverage.
In doing so, celebrities and athletes receive extensive media coverage, which can assist promote a project. This is a perfect recipe to increase a project's exposure on news, social media, and blogs. Both celebrities and sportsmen instantly raise awareness for a topic by creating viral moments and tapping into that fan base.
In addition, there is an emotional connection. Fans typically feel strongly about their favorite celebrities or athletes. Fans may be more loyal to a project sponsored by someone they like. In doing so a celebrity or athlete's endorsement can boost a project's credibility, especially if they're an expert or have relevant experience. The partnership can lend credibility to the idea.
Collaboration with a famous person can boost a project's brand. Many Web3 have used such techniques with a view to give a project prestige, exclusivity, and originality.
PUBG Creator to launch Migaloo a metaverse game platform where the team is partnering with Naver Z to launch an NFT metaverse building game similar to Roblox where players can create, buy, and sell in-game assets in a "create-to-earn" system
The "Dream Space: New Wave in the Metaverse" NFT exhibition in Macau features Hanjin Tan's NFT artworks, including the first Chinese-language music NFT in the world
Gucci and the Bored Ape Yacht Club are teaming up to create a Metaverse with NFT community’s fictional characters and storylines, making an impact in the world of digital luxury.
HELIX a virtual world based in New York City offers high-quality metaverse graphics allowing users to create and host servers, customize scripts, and develop limitless gamified scenarios.
Fidelity International creates Metaverse experience in Decentraland teaching younger generations about financial planning, money management, and investing.
Alien Worlds is expanding its Metaverse through the Galactic Hubs grants program and player-DAO Syndicates, fostering a thriving community and creating exciting player opportunities.
Line Next launches AlphaCrewz a 3D avatar customizing platform that offers high-definition avatars that can also be used in Line’s coming metaverse ecosystem.
The evolving space of Avatars
Customization seems to be the theme of late. After all, owning digital assets is one of Web3's greatest strengths. Companies like Line Next and its AlphaCrewz Avatars are pushing the boundaries of utility.
We know many people believe NFTs are too scammy and don't bring enough value to be adopted by the public. This makes it difficult for Web3 companies, especially in the gaming industry, to reach those people.
If you’re old enough to remember Nintendo Wii you surely remember the introduction of the Mii avatar. For the first time, you could create a digital representation of yourself. And then use that creation within a game - it was magical madness that just made gaming fun.
With new use cases arising such as introducing customizable NFT avatars into a messaging app (used by 200 million people no doubt), this could be the initial way to onboard millions of users. With the company planning to launch a metaverse, it could easily become the metaverse of metaverses. Such an approach could be used for Web3 gaming. However for this to succeed true interoperability standards need to be agreed upon. We are still early.
The Metaverse industry in France is set to reach $22.1B by 2030, up from $5.1B, according to the France Metaverse Market Intelligence report
Mindverse launched a closed beta globally, an AI firm offering tools to create customizable AI virtual assistants with potential applications in the Web3 industry
UK Government made a new department for exploring Metaverse and Web3 to boost the economy and will study new industry regulations
Increasing presence from various Governments in the metaverse
Governments are showing an interest in the metaverse and it’s easy to see why. Not only is it an emerging technology but it also has the potential to impact various aspects of society. As the metaverse allows users to interact with each other and digital content in real-time, this creates a new form of social experience.
Governments are recognizing that it may have implications for areas such as education, entertainment, commerce, and even governance. For example, the metaverse could be used to provide new forms of online education, facilitate virtual conferences and events, or even offer new opportunities for remote work and collaboration.
Additionally, there are concerns about the potential for the metaverse to be used for illegal or harmful activities, such as cybercrime or exploitation. Governments may be interested in getting involved to help regulate and monitor the metaverse to ensure that it is a safe and ethical space for users.
We’ve seen the Dubai police department, South Korea, and now the UK setting up shop within the metaverse - we surely see this trend continuing.
OneLAND the metaverse market analysis platform for virtual lands saw a month-high increase in sales by 52.8%, thus indicating positive growth in the Metaverse market
Mattel turns virtual collectibles platform into a P2P marketplace for collectors. allowing owners to trade and sell their virtual collectibles on the platform
Shiba Inu Metaverse project is attracting Hollywood attention for immersive entertainment experiences with Unreal Engine 5.1 and tools like Plot Builder and Avatar Builder
CyberBrokers has launched the Mech Assembly, a platform to create personalized Mechs with billions of configurations, paving the way for NFTs in the open Metaverse
Azuki and Line Friends Creators collaborate to create new Web3 content, merchandise, and immersive Metaverse experiences
BNB backed metaverse SecondLive allows users to create virtual avatars, engage in activities, and generate Web3 content to profit from their creations in the expanding Metaverse ecosystem
Ariva teamed up with Rapper French Montana and USmVerse to make a VR platform for anyone with a VR headset to explore and build in a virtual world
Meta World: My City, a new Metaverse board game by Netmarble is a component of the MBX gaming blockchain featuring a virtual real estate and building collection, available on mobile to onboard gamers
Upcoming Free Gaming Mints ⚒️
Cubic Crate Season I
With Cubi, users can get rewarded for their participation in the Sui and Cubic ecosystems - Mint your Cubi for free
Kingdom Story: Heroes War is a Strategy Development NFT RPG. Players can collect over 300 Generals from the Three Kingdoms, minting them into NFTs.
Stealth zombie survival battleground, by EarnAlliance- Be one of three survivors to make it out alive!
Arcadians: Reloaded NFTs are inspired by classic arcade games. Each Arcadian is custom-made by the minter from a pool of traits. Players will forge their own Arcadians through a mint game, where gameplay determines attributes based on your score. The higher you score, the more traits you can customize.
Follow us on Twitter to stay up to date with the latest news and announcements!
“A challenge lifelong it is, not to bend fear into anger.”
See you same place same time next week!
Yoda Labs team