Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.Out of 2,817 games launched between 2018 and 2023, which were included in the study, only 690 of them still have a somewhat active player base. ...
Can Sony and Microsoft bring blockchain to gaming consoles?
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain ...
Animoca becomes largest validator of Telegram’s TON blockchain
Web3 investment firm Animoca Brands is set to become the largest validator of Telegram’s TON (The Open Network) blockchain and plans to deliver blockchain-based games to the messaging app’s 800 million strong user base.An announcement shared with Cointelegraph outlined how the partnership ...
Mainstream approval critical for blockchain games — Gaming execs
Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future. Video games have become a favorite pastime for a lot of people all over the world and h ...
Square Enix announces auction dates for Symbiogenesis NFTs
Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first batch will be auctioned from Nov. 27-28, the second from Nov. 30-Dec. 4 and ...
Free-to-play Web3 games hold the key to mass adoption, YGG co-founder
Next year’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being completely free-to-play to dr in players, says Yield Guild Games CEO and co-founder Gabby Dizon. Speaking to Cointelegraph, Dizon said unlike games such as Axie Infinity — w ...
Roblox CEO ‘dreams’ of in-game cross-platform NFTs and digital objects
The frontman of the popular virtual universe game Roblox, David Baszucki, has said he ‘dreams’ of having the ability to move nonfungible tokens (NFTs) and digital objects across multiple platforms. Following the company's Q3 2023 earnings call, Roblox founder and CEO ...
Spot Bitcoin ETF hype reignited zest for blockchain games: Yat Siu
Enthusiasm surrounding a possible spot Bitcoin (BTC) exchange traded fund (ETF) isn’t just driving up the price of Bitcoin — it's also sparked a resurgence of enthusiasm for blockchain games, says Animoca Brands founder Yat Siu. Speaking to Cointelegraph at Hong Kong Finte ...
Game review: Immutable’s Guild of Guardians offers mobile dungeon adventures
From Oct. 9–20, Immutable invited playtesters to try out an early demo of its upcoming mobile game, Guild of Guardians.Guild of Guardians was first announced in 2021. Its utility token, Guild of Guardians Gems (GOG), went up for sale in December 2021, raising over $5.3 million for the ...
Games need decentralized randomness to be fair
Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography ...
Nifty News: Adidas unveils resident Web3 artists, Mutant Ape sells for 500 ETH and more…
The Adidas /// Studio, also known as the Triple Stripes Studio, has launched a Web3-based digital artist in residency program to showcase and support budding creators in the NFT space. The program was announced on Aug. 31, and it will officially launch on Sept. 4 via a series of online and ...
Atari Founder Optimistic About Web3 Games: Ownership and Education in Focus
Nolan Bushnell, the founder of Atari and inventor of Pong — one of the first commercially successful video games — has shared optimism for the future of Web3 games, particularly as it comes to bringing ownership to virtual worlds. During the Digital Entertainment Leadership Forum in Hong Kong on ...
Immutable zkEVM begins testnet phase with 12 Web3 games in development
Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.Work on the zero-knowledge Ethereum Virtual Machine (zkEVM) network began in March after Immutable announced a partnership with Polygon Labs. Polygon’s own “holy grail” Eth ...
Immutable’s Gods Unchained launches on Epic Games Store
Immutable Games’ Web3 trading card game Gods Unchained is now listed on the Epic Games Store and is available to its 230 million customers, according to a June 21 announcement.Gods Unchained is a collectible trading card game similar to Hearthstone or Magic: The Gathering Arena but with ca ...
Cointelegraph Pitch Room launched, bridging promising projects to quality investors
Cointelegraph presents Pitch Room, a new stage in the effort to boost innovation in the crypto space, dedicated to investors interested in deal flow. Pitch Room opens doors for promising startups in the Web3 space, exploring new markets and building solutions with the potential to disrupt ...
GameStop NFT back in the spotlight after partnership with Illuvium
On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer merchandise retailer GameStop to debut a 20,000 nonfungible token (NFT) collection starting June 12.According to developers, the “Illuvitars” NFTs are “dynamic coll ...
Weekly Funding Roundup: Diverse Projects Raise $214.35 Million from Prominent Funds
Worldcoin raised the most money at $115 million Four of the projects did not disclose the amount of investment The most active funds this week were Polygon Fund, OrangeDAO, gmjp All of them participated in two rounds of funding Here is the ...