Gamefi Corner #4
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Alibaba Cloud and Avalanche have joined forces to facilitate the deployment of Metaverse on Blockchain.
Alibaba Cloud and Avalanche have partnered to create a metaverse on the blockchain, using their respective strengths to build a secure and scalable virtual world. Alibaba Cloud will build a launchpad called Cloudverse, which will allow businesses to customize and maintain their metaverse environments on the Avalanche blockchain. Meanwhile, Avalanche will ensure decentralization and interoperability across metaverse ecosystems using its high-performance smart contract platform. Through this partnership, developers can create a secure virtual world that connects seamlessly to a broader ecosystem.
Solana-Based Hxro Brings On-Chain Gambling
Hxro Network has launched Bitblox Games, a Solana-based gaming studio that aims to tap into the $68 billion online gambling industry by providing on-chain games for both existing and new audiences. Bitblox will introduce its games in a peer-to-peer format to reduce the risk of those who don't take the opposite side of the bet. The studio's goal is to allow players to bet against each other in fast-paced, skill-based games that expand beyond traditional igaming. Bitblox aims to debut its first offerings at the CasinoBeats Summit 2023 in Malta later this month.
Animoca Brands has announced the release of MotoGP Guru Game.
MotoGP Guru is a new game where fans can predict the winners of 11 different events over a race weekend and score points for correct answers. The game also allows users to create leagues with friends, and riders, teams, and sponsors have their own private leagues. There is also a new weekly video series called Guru Speak hosted by MotoGP commentator Nick Harris and five-time World Champion Jorge Lorenzo. Prizes are up for grabs, including a Gresini Racing 2022 Ducati Panigale V4R used by Enea Bastianini in 2022 and the MotoGP Guru Paddock Experience with Gresini Racing MotoGP. The game is backed by Animoca Brands and Gryfyn, who also sponsor last year’s Grands Prix in San Marino, Aragon, and Phillip Island, as well as the upcoming MotoGP Ignition Manager game.
Proof has collaborated with Mona to establish the Moonbirds Monaverse.
Proof, an NFT collective, has partnered with Mona, a 3D world-making platform, to create a virtual hangout called "Moonbirds Monaverse" for the Moonbirds community. The virtual world was previewed during the Consensus conference and Mona will assist with the technical aspects of making the universe bigger and better. Moonbirds is a 10K PFP project that grants access to their special community and has made $644 million in sales. The new virtual world promises town halls, art reveals, viewing parties, and other fun activities for its users.
Looking to take down some zombies? Check out the R3V3NGE Open Beta.
R3V3NGE is a free-to-play zombie shooter game set in a futuristic tunnel system. Players can earn tokens by killing zombies and use them to upgrade weapons and purchase new ones. The game also offers Lootbox NFTs and Avatars, which provide perks such as whitelisting for future mints and revenue sharing. R3V3NGE plans to include a player-run DAO system, allowing players to guide game development and receive a share of profits. The game is available on the Polygon network and can be downloaded via the Elixir launcher.
Can Immutable's Passport Wallet successfully attract gamers with its design?
Immutable has launched its Passport wallet, which is targeted towards gamers and works across games on its Ethereum scaling network, Immutable X. The wallet is non-custodial and offers fiat deposits, withdrawals, and crypto swaps within the wallet. Compared to traditional digital wallets like MetaMask or Coinbase Wallet, Immutable Passport users do not need a password to login. Immutable claims that user security is not compromised as a result of the simpler sign-in process. The new wallet could help reduce friction for those new to crypto in the gaming industry. Immutable's efforts to bring in a broad mainstream audience through its GameStop partnership and ecosystem of over 100 games could take considerable time to yield results.
The Sandbox and Gamer Arena have joined forces in a new partnership.
The Sandbox and Gamer Arena, a leading gaming platform in Turkey, have formed an exclusive partnership to create a unique and interactive gaming experience for players. The collaboration will offer two modules: the Challenge and Earn module from Gamer Arena, and the Play, Create, Earn module from the Sandbox. Both companies will explore ways to enhance excitement levels and attract new players to their platforms, with virtual events and competitions incentivized by earning rewards in local currencies. The partnership will begin on May 2, 2023, for two weeks. Gamer Arena uses blockchain technology to ensure fair gameplay and offers its own cryptocurrency called GAU as rewards for players. The platform hosts popular games like PUBG, Fortnite, and Call of Duty with opportunities for players to win prizes and earn recognition for their skills.
Animoca Brands is taking the lead in bringing One Championship to mobile NFT gaming.
One Championship, a Singapore-based MMA entity, has partnered with Notre Game, a subsidiary of Animoca Brands, to develop a mixed martial arts mobile game featuring NFTs called One Fight Arena. The game is set to debut in early 2024 and will allow players to engage with the sport via the digital realm. The characters will be backed by NFTs, making it easy for players to verify their authenticity and track their history. It will be released as a free-to-play title that does not require engagement with NFTs. The partnership comes as Asia positions itself to become the leading light for Web3 games.
HoneyLand has now entered the open beta stage and is getting ready for a full release in the upcoming months.
HoneyLand is a play-to-own game with detailed characters based on resource gathering. It started as an NFT game but has now launched a mobile version in open beta, with a Web2 version to follow. The game has reset since the alpha stage and aims to grow a mainstream user base. The HXD token is only available inside the game, and NFT staking will evolve along with building a native marketplace. HoneyLand balances its economy with simulated mining and aims to be a unique Web2 game that is played fully as a traditional game, not connected to the Web3 economy and tokens.
Mythical Games plans to move its ecosystem to Polkadot.
Mythical Games has launched NFL Rivals, a Web3 arcade American football game in partnership with the NFL, and announced that they are leaving Ethereum for the Polkadot network. Mythical Games' blockchain, Mythical Chain, is currently in the top four blockchains in terms of monthly digital asset sales and handles more gaming transactions a day than any other blockchain. The move to Polkadot is due to slow transaction speeds and scaling issues as they induct new games into their ecosystem. The Mythos DAO will also be migrating to Polkadot, along with the entire Mythical ecosystem.
Fanton has obtained $300K in pre-seed funding and is striving to transform play-to-earn gaming in the TON ecosystem.
Fanton, the leading play-to-earn game in the TON ecosystem, has secured $300,000 in a pre-seed funding round led by First Stage Labs, Yolo Investments, and Existential Capital. The investment puts Fanton's value at $5 million and positions it to become the first unicorn in the TON ecosystem. Fanton Fantasy Football is an online game on Telegram that allows users to create and manage football teams using player cards. Users score points based on their chosen players' performances in real-life matches. With over 190,000 users from 137 countries and steady weekly growth of 20%, Fanton is well-positioned to revolutionize the play-to-earn gaming landscape in the TON ecosystem. The use of NFTs and the possibility of earning cryptocurrency add a unique aspect to the game.
NEMS Token has been revealed by Nemesis, paving the way for the next frontier in gaming.
The Nemesis, a Metaverse company, is launching its ERC-20 payment token called NEMS on May 8th, 2023. The token will allow players to cash out and earn real money through a Play-and-Earn model. It will be restricted to holders of The Nemesis NFTs and will be available for purchase at $0.15 per token. The token will also allow users to buy virtual real estate plots on which they can build custom Metaverses. The Public Sale will take place in the following weeks on Uniswap and BTCEX at $0.20 per token and will then be listed on BingX and BitMart. The platform offers an innovative gaming experience accessible to anyone through a desktop browser or iOS/Android mobile app with a circular economy system where players can earn COINS, the in-game currency used to purchase different virtual assets or cash out through NEMS.
Pegaxy is getting ready to release a new alpha version of their game and is giving out early game passes.
Pegaxy NFTs are still valued above 500K but the game lost its P2E model due to depreciating tokens and NFTs. Pegaxy is trying to reinvent itself with a new mobile game that will be skills-based and more sustainable. The game has over 500K NFTs issued, but some users have given up on their items. Pegaxy aims to regain interest and trust by banning multi-accounting, achieving success against bots, and releasing a new game with a different asset balance. The biggest challenge for Pegaxy is rebuilding trust after the significant slide in NFT prices and the inability to recover initial investments for top-tier Pega.
WME has signed a deal with Pudgy Penguins to create Web3 gambling games and other projects under the Bitblox brand.
Pudgy Penguins, a blue chip nonfungible token (NFT) project, has signed a representation deal with Hollywood talent agency William Morris Endeavor (WME) to expand its brand and audience across film, television, and gaming. Pudgy Penguins is the twenty-first highest-selling NFT project of all time, generating $250.2 million worth of sales on secondary markets since launching in July 2021. The project has already made moves to get its intellectual property out into the mainstream, including soft-launching physical Pudgy Penguin figurines with proof of ownership recorded on Ethereum.
Creta has recently finished a profitable private investment round, with Polygon Ventures playing a vital role as one of its investors.
Creta, a company specializing in video game development and Web3 gaming solutions, has completed a successful private investment round with Polygon Ventures as one of the investors. The funds raised will be used to further advance Creta's Web3 gaming platform and create a seamless gaming experience for fans worldwide. Creta is focused on developing captivating content built on sustainable business models, including innovative products such as Kingdom Under Fire and Fortress. The partnership with Polygon Ventures will help Creta access valuable resources and expertise to strengthen its position in the gaming industry.