Weekly Digest

Web3 Gaming Remains Strong Despite a Rough Year! Investors rush to fund web3 gaming and Sandbox is accelarting collaborations. We knew it was only a matter of time Axie accessories are here. The blockchain lives on as kill-to-earn-game launched on Solana. Polkastarter wraps up the year as Gaming Awards winners announced. This, and much more as we welcome you to the Yoda Labs Weekly Newsletter of December 19.

Blockchain Gaming News

● Sandbox partners with Wemade to accelerate collaborations in the web3 gaming space. Sandbox is the biggest metaverse project in the web3 space, with more than 4 million users and a $690 million valuation. While Wemade is one of the largest South Korean web2 gaming companies, with over a decade of production experience.

● Gaming giants Animoca Brands, and the best-in-class interoperability solution LayerZero jointly launch a global hackerhouse initiative to demonstrate real-world use cases of interoperable digital assets.

● Ev.io, the Solana-based, kill-to-earn game has launched a beta version. The mobileversion will be released in 2023.

● Spielworks announces ‘Dungeon Worlds’, an added feature to the popular game Dungeon Master. The new feature allows influencers to effectively run their own dungeons.

● Axie Infinity Philippine has launched the first-ever Axie accessories to fortify the connection between players and their axies.

● Elixir Labs has announced the launch of its brand new, PC-based Play-to-EarnMMORPG Astel of Astra.

● Square Enix invests into NFT gaming firm, Beeple speaks on NFT art future and more.

● Metaverse Game Studios Debuts First AAA Web3 Narrative Strategy RPG on ImmutableX.

● Start Atlas wins Best Graphics award, Superior wins Best Action Title, whilst Big Time wins Game of the Year in the Polkastarter Gaming GAM3 Awards ceremony.

● Play-to-own, NFTs and Web3: Crypto Raiders drops knowledge with NFT Steez.

● Game studios promise more fun with Collaborate-to-earn Model.

● Become a part of the next big thing in crypto gaming with Calvaria – gon't miss the presale.

● Trinity Gaming partners with EmChain FZE to facilitate content business in the Indian web3 and blockchain gaming space.

● Bye bye Solana. DeGods to Ethereum and Y00ts to Polygon. DUST token will still bind the two communities and move to both blockchains.

● My Neighbor Alice saw its second land sale on December 16th. Originally developed to promote blockchain adoption among the gaming community, version 2.0 is now available with many new in-game features added.

● Watch virtual panels, keynotes and workshops hosted by Block Chain Alliance (BGA) that took place throughout 2022. These include, panel discussions on the Metaverse, the questions around what qualifies as an in-game asset, and blockchain gaming on Enjin.

● Washington Post and Vanity Fair Illustrator Oscar Llorens is set to release ‘Faces’ NFT collection on Crypto.com The collection drops on the 28th December.

Blockchain Gaming Trends

● Experts believe that the blockchain gaming space will be worth $66 billion in 2027.

● 75% of game developers expect to work on web3 game projects due to the growing popularity of blockchain gaming.

● Investors rush for web3 gaming in funding winter.

● Game developers expect to work on web3 games in the future: Survey.

● How Gaming Industry is evolving with blockchain.

● DeFi, NFT, blockchain games: Key takeaways from DappRadar's 2022 review.

● How this company is reimagining blockchain gaming.

● Fantazy: Blockchain Based Fantasy Gaming App Gets Launched on Main Net.

● The Multi-IP blockchain game PetaRush launched its 2nd closed beta and Win-to-earn feature.

● Why is gaming the best Entry Point into the Crypto World?

● A ‘Knowledge Hub’, ‘Game Media’ and ‘Player Data Management’ are some areas where gaming guilds can aim to become a net value-add to a games ecosystem. Fromnet-value extraction to net-value adding, gaming guilds should benefit players in the collective.

Exploring the Metaverse

● Experts at Grayscale project the metaverse to be a multi-trillion-dollar industryby 2030. Currently, the web3 metaverse is valued at less than 5 billion.

● Yuga Labs appoints Daniel Alegre as its CEO. Daniel Alegre is the former COO of Activision-Blizzard, the company behind Call of Duty.

● Telecom giant Huawei believes that the current infrastructure is insufficient to service the needs of the Metaverse.

● Old-generation dating apps like Tinder are in trouble, as a third of single adults are excited to find love in the metaverse.

● Warner Music, Polygon team up to launch web3 music platform ‘LGND’.

● If social media has scarred my generation, what will the metaverse do?

● Metaverse technology will contribute heavily to the Automotive Industry next year, Nvidia Says.

● Future of banking: A metaverse bank, on your browser soon.

● Metaverse experience to sway real-world travel choices in 2023: Survey.

● FTC opposes Microsoft’s metaverse-focused Activision Blizzard purchase.

● CoinGecko reveals the Top 10 Metaverse Tokens by market cap.

● Samsung is investing more than $35 Million in Latam-focused metaverse initiatives

● Will the Metaverse Dream Survive the declining interest: Predictions for 2023

Funding in the Web3 Gaming and Metaverse Space

● Social Collectible platform Revel finishes a $7.8 million seed funding round led by DragonFly Capital.

● DWF Labs, the leading web3 investment company, invests $1 million in Mars Labs to furnish the growth of Mars Metaverse.

● AR NFT Game Onlybots raises $3 million Seed Capital led by Polygon Studios and Hashkey Capital.

● Web3 game Dogami raises $7M in a seed extension funding round led by XAnge, with participation from Bpifrance, Blockchain Founders Fund, and Wagram Capital. Dogami is part of the virtual pet movement in the metaverse, dubbed as the web3 adoptable dog.

● Animoca Brands launches new $2bn metaverse business fund

● Shibuya announced its successful seed funding round of $6.9 million by Andreessen Horowitz and Variant Fund.

● Forte Makes $5M Strategic Investment in SuperLayer to expand beyond web3 gaming.

● Digital Entertainment Asset Secures $10M from LDA Capital to Expand its GameFi Platform.

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