Weekly Digest

January continues to jump forward in Web3 gaming - Sky Mavis upgraded its Ronin wallet while strengthening Ronin security with official Google cloud validation. Classic 90’s game Doom was ported to Dogecoin yet again proving innovative Web3 tech. Illuvium launched the Creator Rewards Program, but not everything is gg as GAMEE has suffered a $600M token theft. What will it take to show the world that Web3 gaming is not the Wild West?

Also in our weekly digest:

• Honda is partnering with Darewise and Animoca Brands

• Cool Cats partners with Immutable

• Crypto Unicorns migrate from Polygon to XAI

• Sega Singapore partners with Finschia to push Web3 gaming

• GameStop closes its NFT marketplace

• Esports, Web3, and cryptocurrency gaming are increasingly combining

• Web3 gaming is part of 1RoundTable Partners' $800M fundraising

Today The Game - Special Look and Interview 

Web3 Gaming News of the Week🎮

• Sky Mavis launches the 'Apeiron NFT' on Mavis Hub, initiates Axie Infinity: Origins Season 7 and upgrades its crypto wallet

• DOOM, the 90’s classic, is now on Dogecoin using Ordinals technology

• Illuvium is launching a Creator Rewards Program for web3 creators

• Nakamoto Games introduces a new platform chat feature, allowing users to communicate directly with friends and opponents

• Laguna Games is migrating Crypto Unicorns and related NFT games from Polygon to Arbitrum's Xai gaming network

• Cool Cats partners with Immutable for, Cool Cats: Match Quest, set to launch in Q2 2024

• Google gets it when it come to Sky Mavis and Ronin, watch the video as the company is now an offical validator securing the network

• Nifty Island launched its open beta and its Play-to-Airdrop campaign is in full flight

• Homeland, Axie Infinity's flagship game, is set to introduce NFT axies and other features

• Delabs Games has launched a Metabolts playtest, an early look at the anime RPG set in a dystopian world

• Yield Guild Games partners with Iskra to innovate Web3 Gaming, focusing on enhanced Questing Systems

• Good Gaming Inc. announces the official launch date for its first mobile game, Galactic Acres

• Endless Clouds is partnering with Immutable to launch its upcoming NFT games, Treeverse and Capsule Heroes

• Game studio iCandy partners with Matter Labs to develop a dedicated gaming infrastructure and tools on zkSync

• Honda is partnering with Darewise and Animoca Brands Japan to develop a new Web3 automotive gameplay for Life Beyond

• GAMEE has experienced a security breach resulting in the theft of 600 million $GMEE tokens

• Unstoppable Domains, Tuschay Studio, and The Sandbox have partnered to create a metaverse gaming project

• Paris Hilton's 11:11 Media has partnered with Hilton to launch a loyalty campaign in the Slivingland metaverse on Roblox

• Sega Singapore has partnered with Finschia to explore Web3 gaming's potential

• HYCHAIN Testnet goes live: boasting lightning-fast speeds, scalability, and optimized for gaming

• GameStop has closed its NFT marketplace, citing regulatory uncertainties in the Web3 crypto space

• WAGMI Games has partnered with AlturaNFT and launched a WAGMI Marketplace powered by Altura

• Cricket NFT platform Rario has announced it will shut down its current product and launch a new one by March

• Maniac Panda Games is set to launch the multiplayer Trading Card Game Underground Waifus on WEMIX PLAY

Web3 Gaming Trends 🚀

• 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!

• Meme coins, inspired by internet memes, are transforming the digital gamification industry

• The WIPO Podcast discusses the growing disputes in the video games and esports industry

• The gaming industry is shifting towards casual gaming, with Web3 transforming the landscape

Web3 Funding News 💸

• 1RoundTable Partners plans to raise up to $800 million for a new fund targeting growth-stage startups

• Arcade2Earn raised $4.8 million in a private token round led by Crypto.com Capital

• AOFverse has raised $3 million in a private funding round led by Animoca Ventures

• Stan has raised over $2 million in funding, with investors including CoinDCX Ventures and Coinswitch Ventures

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