Yoda Labs Monthly Recap

Game on for Web3 in January!

January has been a long month, but it has been great for Web3 Gaming. Heroes of Mavia is now available worldwide on both iOS and the Play Store. Not to be outdone, Captain Tsubasa Rivals is breaking records and topping the mobile charts. Yuga Labs and Faraway Games have partnered up to create a new mobile game. Diablo III is being recreated within Nifty Island. The rumored $MOCA token is real and will be released this year. EA Sports' CEO hints at creating a metaverse within its gaming ecosystem. 2024 is shaping up nicely for Web3 gaming to become mainstream.

Also in our monthly round up:

  • Immutable is set to launch 'Katana Inu’ a next-gen battler

  • Shrapnel map was released in Fortnite

  • DOOM comes to Doge inscriptions

  • SNES emulator recreated on BTC inscriptions

  • Ronin grows from strength to strength

  • Illuvium launches Creator Rewards Program

  • GMME loses 600 million $GMEE tokens in breach

  • Fusion of Web3 gaming and esports gathers pace

  • January has been a huge month for Web3 gaming investments

Today The Game - Special Look and Interview 

Web3 Gaming News of the Week🎮

  • Web3 gaming developers are focusing on incentivizing NFT ownership

  • Web3 gaming developers are being targeted by scammers who use sophisticated tactics to lure them into deceptive schemes

  • Gamer Arena is a Web3 gaming platform that aims to democratize competitive gaming by utilizing AI and blockchain technology

  • David Amor, CEO of Playmint, believes fully onchain games will revolutionize the gaming industry

  • The fusion of gaming and sports has led to the rise of eSports App Development

  • Swedish esports organization Ninjas in Pyjamas has partnered with Web3 technology company XBorg

  • FaZe Clan has announced a multi-million dollar partnership with cryptocurrency casino and trading platform Rollbit

The Merging of Web3, Crypto, and Gaming/Esports

Recent partnerships between Web3 companies and gaming/esports businesses show how these industries are merging. The ongoing partnerships are exposing crypto and blockchain-based gaming to more gamers.

The integration of Web3 platforms into traditional gaming organisations shows the growing use of blockchain and digital assets in online entertainment. Tokenized in-game asset ownership and decentralised finance solutions for players and fans showcases that mainstream gaming/esports companies are adopting Web3 technology to engage gamers at a rapid pace.

Crypto and Web3 tech are becoming more relevant in consumer technologies and their activities - this convergence is only the begining!

We have previously covered this in our in-depth article co-authored with Dappradar, BGA and Sura Gaming too. Check it out!

  • Blockchain brings reliability and security to games, 23% respondents said blockchain has made games more dependable

  • Ronin Blockchain Thrives as Top Gaming Chain: Boosted by Axie Infinity Enhancements and New Titles like 'Pixels'

Web3 Funding News 💸

  • Vermilion Studios secured $7M funding for the social party game Forgotten Playland, backed by Merit Circle DAO

  • AOFverse, a London-based mobile gaming studio, has secured $3 million in a private funding round led by Animoca Ventures

  • NuggetRush raised over $2 million in its presale, offering community-owned play-to-earn gaming with rewards

  • OKX Ventures Invests $100 Million in Matr1x: A Major Boost for the Web3 Platform Focused on Cyberpunk-Themed Esports Games

  • Age of Dino, a next-generation MMO dinosaur-themed game, has secured $8 million in a seed funding round

  • ArenaX has secured a $6 million funding round led by Framework Ventures

  • UK mobile gaming studio AOFverse secures funding from The Arbitrum Foundation

Follow us on Twitter to stay up to date with the latest news and announcements!

See you same place same time next week!

❤❤❤

Yoda Labs team