Weekly Digest

January 12 - 18

  • 2023 is set to be a critical year for web3 gaming to reach new industry heights

  • Is Play-And-Earn the Gen2 answer for P2E? 

  • Are NFTs coming to PUBG?

  • Gaming projects are breaking free from Solana and charting new territories

  • A new gaming-focused layer one blockchain is about to shake things up

  • Score a free EXPO Pass to the most epic web3 gaming event of the year in Dubai

Get the inside scoop on the hottest Web3 gaming trends and movements in our weekly Yoda Lab newsletter.

Web 3 Gaming News 🎯🎮

  • The Roguelite RPG 'The Beacon' is the latest hit out of the TreasureDAO ecosystem built on Arbitrum. Certain features makes this RPG entirely different than other games of the same genre.

  • BAYC brings us a new mint that revolves around playing a web-based, mini-game called Dooky Dash. But this isn’t just for everyone. Playing this mini-game requires a Sewer Pass

  • Synergy Land’s move to Polygon joins a slate of other gaming and NFT projects migrating to a new blockchain

  • Tiny Colony, a building and management game, is the latest NFT project to announce a shift away from Solana. But its choice of destination is not Polygon.

  • Player Unknown BattleGrounds (PUBG) has joint forces with the web3 platform – Banger Games. The partnership is intending to integrate NFTs into PUBG

  • A South Korean court ruled against the release of a blockchain-based play-to-earn (P2E) game last Friday after determining that in-game non-fungible tokens (NFT) promote speculation.

  • With many benefits for gamers and game developers, the first gaming-focused Layer-1 blockchain known as Neon Link is out of stealth mode after a successful launch.

  • Tinder's chief product officer joins N3twork's team, bringing expertise in product development. To advance their product offerings, Josh Sell will work with former EA, Kabam, Zynga, Glu, and Disney game developers.

  • Playing Chess on your phone can now earn you bitcoin - Zebedee is going back to the classics as play-to-earn game advance.

Web3 Gaming Trends 🔥🚀

  • With a massive shift away from P2E and $18 billion poured into web3 gaming, 2023 could be a blast-off year for the sector argues the Immutable founder

  • Giving builders a cut of the player revenues is potentially the future way to motivate them. Playmint, a UK-based on-chain gaming studio, thinks its model is the answer.

  • Famous Web3 gamer and trendsetter Brycent argues that Web3 games can use the secrets that help games on Steam grow and scale easily. Use a dedicated social gaming launcher because it benefits gamers and the growth of your game.

  • Protecting 3rd party content creators and ensuring transparency, RPG Dungeons and Dragons implements protections to comply with the anticipated regulations.

  • Hypetrains are not enough. Before web3 gaming can achieve greater public adoption, it must overcome various obstacles.

  • With mobile gaming taking the charge, Venture Capitalists are placing their bets on experience rather than gambling on speculating.

  • Gen1 is over, enter Gen2 and adopt the service economy strategy as Play-And-Earn is the next step after Play-To-Earn.

  • Signs of things to come? Prepare yourself and your players - Japanese Tax Agency Wants to Tax Crypto Gaming Profits and NFT Sales.

 

Exploring the Metaverse 🛸🤖

  • Netvrk and Matrix World have made it into the top 10. But what is at number 1? DappRadar has given its take on the top Metaverse virtual worlds for 2023.

  • The biggest International Crypto, Blockchain, and Metaverse exhibition, ICBM Expo is fast approaching. Taking place on March 3–4, 2023 at the Festival Arena, Festival City Dubai, UAE it is sure to showcase the most pioneering contributors within the space

  • Public access to Seoul's metaverse project is now available. The mayor has confirmed the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes.

  • Just three weeks after its official release on Optimism Goerli, the Floki team have significantly updated Valhalla, their Metaverse game, with 6 key features mostly on PVP and achievements.

  • Game of Silks is a metaverse game that resembles thoroughbred horse racing in real life. The organization has now implemented Chainlink Verifiable Random Function successfully (VRF).

  • The Sandbox is one of the top names in the metaverse development industry, and its in-game land sale saw sales topping $1.5 million as 2022 drew to a close.

Funding in Gaming, and the Metaverse Space 💸💰

  • Gaming saw 1,320 announced and/or closed deals for mergers and acquisitions as well as investments, with deal values  hitting $127 billion in 2022.

  • Prior to its Q1 launch, Polygon-backed web3 gaming platform Intella X raises $12 million. Animoca Brands, Magic Eden, Planetarium, Big Brain Holdings are just some of the names that are among the investors.

  • Searching for real estate in the metaverse? A platform for purchasing and selling virtual real estate is being developed by Metahood and has just raised $3 million.

  • African-based gaming publisher Carry1st raises $27M. The fundraising round, which intends to expand Web3 gaming in Africa, mostly from Bitkraft Ventures and Andreessen Horowitz.

  • Just four days after the start of its presale, the newest play-to-earn game platform, Meta Masters Guild, raised $200,000 from eager investors.

We would love to continue the discussion with you! Follow us on Twitter to stay up to date with the latest news and announcements!

“I like firsts. Good or bad, they’re always memorable.” Ahsoka TanoSee you same place same time next week

❤❤❤

Yoda Labs team