This week was dominated by gaming exhibit announcements, from Axie Infinity to Wildcard. Are you in line for alpha access?
Also in our weekly digest:
My Neighbour Alice shifts from competition to collaboration
Champion Aseccension gets rid of web3 wallets for players
Ubisoft reaffirms its web3 stance as it launches avatars for the metaverse
Mastercard to deliver in-game currency gifting as it partners with Xsolla
VSPO a Chinese Esports company receives $256M from Saudi-Government backed game Savvy Games Group
Web3 Gaming News 🎮
Melee on the Meteor, the first public showing of Wildcard, will happen on February 23. This long-awaited game, which took 5 years to make, is finally here.
Parallel, a sci-fi-themed TCG, opens early access for the planned alpha launch date on February 28th.
Axie to start Axie Homeland Alpha Season 1 on February 22nd, for players who own an Axie land plot.
The testnet of Nekoverse, a cat-themed, turn-based strategy game, is still open with a prize pool of 5 million ASG tokens for the participants.
Planet IX, a leading P2E Polygon game, sees impressive growth after its expansion to BitKeep NFT Market.
Immutable X announced Immutable Passport, a new upcoming addition to their ecosystem that works as a part wallet, part login authenticator.
Champions Ascension announces players will no longer need a web3 wallet to play the game.
Crypto Unicorns hires Andrew Campbell, a former Axie Infinity Esports Head, to expand its "multiverse" as Product and Market Growth Lead.
Loco, a leading game streaming platform, enters the Avalanche Multiverse incentive program to develop a line of Web3 products offering cutting-edge fan experiences using a custom Avalanche Subnet.
Ryan Wyatt the gaming and esports icon who now leads Polygon labs, believes the next Bezos will be from Web3.
Web3 Gaming Trends 🚀
Game Space releases the Galaxy Plan, Casual GameFi could soon dominate the Web3 Gaming market.
My Neighbour Alice shifts to immersive storytelling and moves away from P2E competition to collaboration, encouraging in-game interaction and teamwork.
Generative AI could drive the future of Web3 game development, a tech that has seen tremendous hype, allowing creatives to bring new ideas to life at incredible speed.
More web2 gaming studios adopt web3 technology and intrude on conventional gaming, and this could result in a permanent shift in the gaming industry.
NFT renting coming to the PlayStation ecosystem and can become the norm in gaming if other big brands follow in Sony’s footsteps.
Gamers continue to dominate blockchain activity; they accounted for nearly half of all activity in January: DappRadar.
Ubisoft reaffirms its Web3 stance by adding Rabbids NFT avatars as major Web2 gaming studios are still bullish on Web3.
Mastercard and Xsolla partner up to deliver enhanced checkout experiences and easy-to-pay solutions thanks to the direct integration of Credit Card loyalty points and in-game currency gifting.
Mobile gaming currently accounts for 60% of the gaming market share generating more revenue than console & PC gaming combined. In 2023, Web3 gaming is expected to follow the same trend with more mobile developers joining the fray.
Mobile #gaming accounts for 60% of the market share and generates more revenue than PC & console gaming combined.
In 2023, #Web3 gaming is expected to experience a similar evolution, reducing the accessibility challenges this space currently faces. https://t.co/jxcYyRqrMv
— Yoda Labs: Web3 Gaming News | Trends | Research (@yodalabs_)
Feb 17, 2023
Exploring the Metaverse 🛸
Macy's Thanksgiving Day Parade metaverse experience to feature five NFT galleries.
Tencent denies lay-off rumors and announces 'Personnel Reshuffle' at its Metaverse unit. The company also pulls the plug on Metaverse hardware following Microsoft’s cuts in its VR unit
The Undeads metaverse introduces a player-driven economy and a seamless onboarding process that doesn’t require players to immediately acquire an NFT to play
Neal Mohan the new YouTube CEO is bullish about Web3 technologies like NFTs and the Metaverse betting on creators building deeper relationships with their fans.
AXA France enters the metaverse, with ‘Axadia’ enabling the wider audience to explore the company’s vision, principles, hiring procedures, and social responsibilities.
Dragon Ball creator Toei Animation partners with The Sandbox for a brand-new metaverse game that brings the Japanese animation brand’s most popular characters to life.
We are pleased to share that our subsidiary @TheSandboxGame has partnered with @ToeiAnimation, to create experiences based on TOEI ANIMATION's intellectual properties on LANDs in The Sandbox's #Web3 #gaming #metaverse.
Read the full announcement: https://t.co/nxayQf5ZXb
— Animoca Brands (@animocabrands)
Feb 23, 2023
Funding News 💸
Born To Die, a fast-paced 3D shooter game secures Pre-Seed Funding for $1.5M and launches Genesis NFTs.
Hashed and Coin98 lead a $4M Pre-Series A financing round for Aura Network to expand ecosystem ahead of mainnet launch.
Nefta, a Web3 engines platform, raises $5M in a seed round led by Play Ventures' Future Fund to accelerate hiring and capitalize on huge market interest.
Million on Mars raises $3.5M led by Great Southgate and Widus Partners for its blockchain-based space sim.
Hiro Capital and Skybound Entertainment led the funding round for Telltale to bring its first new games to market, such as the highly-anticipated The Expanse: A Telltale Series.
ESports Chinese gaming company VSPO receives $265M from Saudi government-owned Savvy Games Groups.
A16z Crypto and DWF Labs Lead Round for $13.8M Token Sale of YGG, a play-to-earn gaming guild.
Game studio Unagi, raised $5M in a round led by Sisu Game Ventures to expand Ultimate Champions to push beyond sports.
Azra Games raises $10M in a round led by A16z for Legions and Legends NFT game, bringing the total amount raised for the seed round to $25 million.
Animoca Brands invests in EthSign to develop a token management platform for automating token allocation.
Curio raised $2.9M from various backers, including Bain Capital, to fund the creation of blockchain gaming built on user-generated content.
Strider receives $5.5M from its backers, including Makers Fund and Fabric Ventures to build a gamified platform driven by storytelling.
IndiGG riases $20M as it is acquired by Kratos Studios to build the world's largest gamers' nation - A new network state governed by gamers.
Paradise Tycoon raises $1M for the social building and crafting multiplayer game, and the creative commons license ensures complete digital ownership beyond the game.
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See you same place same time next week!
Yoda Labs team