Weekly Digest

February 9-15

This week was marked by giveaways, from Reddit to Super Bowl. Did you grab any of the free NFTs offered?

Also in our weekly digest:

  • Square Enix and Polygon partner up for a Web3 title

  • Limit Break's Super Bowl ad considered a fiasco by some

  • LeBron's NBA Top Shot NFTs skyrocket after record-breaking NBA performance

  • Are E-sports tournaments dipping their toes into blockchain?

  • Amazon invests in Web3 Friendly studio in a $20M round

Web3 Gaming News 🎮

Web3 Gaming Trends 🚀

  • Reddit has minted about 1.3M Super Bowl NFTs on Polygon onboarding millions to Web3 by leveraging mainstream events and positioning the industry for wider adoption in 2023.

  • Esports organizations have begun using blockchain to host tournaments and distribute prize pools, according to Dave Harris, managing director of esports investment firm Guinevere Capital.

  • Blockchain gaming active users dropped 30% in three months but John Linden, CEO of Mythical Games with $1B valuation, is hopeful for the future as multiple Web3 games started surpassing a million users already.

  • Footprint Analytics 2022 GameFi report displays a rising trend in new game developments. In 2022, BNB attracted highest number of new protocols - 296. Polygon doubled its gaming protocols from 153 to 306, Wax from 53 to 137. The trend is expected to rise even more vigorously in 2023.

Exploring the Metaverse 🛸

Funding News 💸

  • Finnish game developer Tower Pop has raised $2.1m in funding for its new game, Omega Royale. After this round, Tower Pop has raised $2.8M in total.

  • Mino Games raised $15M to create a Dimensionals Web3 game. The company has so far raised $25M for their various Web3 gaming projects.

  • Amazon Funds Web3-Friendly Studio Superplastic in $20M round get first dibs TV shows, films and gamified experiences

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

“We Have Hope. Hope That Things Will Get Better. And They Will.”
-Hera Syndulla

See you same place same time next week!


Yoda Labs team