Auto Added by WPeMatico

Legal battle avoided after YGG and Merit Circle DAO agree to a deal

The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.

Continue ReadingLegal battle avoided after YGG and Merit Circle DAO agree to a deal

Study: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries

India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in…

Continue ReadingStudy: India Leads the World in NFT Gaming, Fewer P2E Players in Western Countries

Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX

Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC…

Continue ReadingWeb3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX

Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report

Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain…

Continue ReadingSquare Enix to Reinforce Blockchain Bet, According to Latest Earnings Report

Twitch co-founder raises $24M for Web3 gaming firm Metatheory

The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022.

Continue ReadingTwitch co-founder raises $24M for Web3 gaming firm Metatheory

Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot

Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which values these…

Continue ReadingSquare Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot