Weekly Digest

February 16-22

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 🎮

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.

Exploring the Metaverse 🛸

Funding News 💸

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“You must unlearn what you have learned.”
-Yoda

See you same place same time next week!

❤❤❤

Yoda Labs team