MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds
Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed.
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Function over fun? Analyst says P2E games don’t need to be ‘fun’ to retain users
Play-to-earn games struggle to retain users, which is exactly why one analyst says they need to focus on function over fun.
Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode
After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards…
GameFi and crypto ‘natural fit’ for game publishers: KBW 2022
Korean experts believe that crypto would play a major role in the gaming ecosystem, and within the next 3 years, the majority of games might have an in-game crypto economy.
Condense to live stream IRL events into the metaverse
Metaverse infrastructure company Condense closes $4.5M seed round with plans to live stream real-world events into the metaverse.
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile…
Chipotle takes ‘buy the dip’ literally with new $200K crypto giveaway
The restaurant chain will give away Bitcoin, Ether, Solana, Avalanche, and Dogecoin through its online game.
Developer Behind the World’s Best-Selling Video Game Has No Intentions of Using Blockchain and NFTs in Minecraft
On July 20, 2022, Mojang Studios the Swedish video game developer behind the world’s best-selling game of all time said blockchain or non-fungible token (NFT) technologies are “not permitted to…
Blockchain-based games see an uptick in users despite bear market conditions
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions.
Play-to-Earn vs. Move-to-Earn explained
The key differences between play-to-earn and move-to-earn explained. Are you ready to earn money while you play and move?
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