games

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. ...

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 ...

In this week’s newsletter, read about footballer Cristiano Ronaldo facing a lawsuit after promoting nonfungible tokens (NFTs) tied to crypto exchange Binance, and find out how an NFT collector thwarted a hacking attempt by a person impersonating a journalist. In other news, Azuki DAO is rebrandin ...

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 ...

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 ...

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 ...

In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the ...

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 ...

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 ...

AAA gaming studio Ubisoft has partnered with blockchain game firm Immutable to collaborate on developing Web3 games through its Strategic Innovation Lab.An announcement shared with Cointelegraph said the two studios will combine their expertise to intertwine mainstream gaming development q ...

Blockchain-based game Illuvium is set to tap into an audience of millions of PC and mobile gamers with its upcoming listing on Epic Games Store, which is home to massively popular titles like Fortnite.Illuvium, an interoperable blockchain game developed by Illuvium Labs, will feature on Ep ...

Gaming console Xbox is tapping into artificial intelligence (AI) with a new partnership intending to boost game creators by integrating generative AI into their game creation toolkits. In a blog post, Xbox general manager of gaming AI Haiyan Zhang announced that the company is buildin ...

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 ...

Individual creators and brands will ultimately determine the future of the metaverse, as opposed to any centralized entity, according to the co-founders of The Sandbox.On Nov. 3, the team behind the Ethereum-based metaverse launched The Sandbox Map, allowing “LAND” owners to pu ...

Investing in Web3 gaming has required a greater level of due diligence through a testing cryptocurrency bear market, according to Animoca Brands CEO Robby Yung.Yung, who is also co-founder of popular Metaverse platform The Sandbox, highlighted more robust check-boxes when considering Web3 ...

Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups.Selected from over 1000 startup applications, the 16 participants of the second c ...

Web3 gaming developer Neon Machine raised $20 million in series A funding toward the development of its highly-anticipated extraction shooter “Shrapnel.” This round follows a $10.5 million seed round completed in June of 2021. It was led by Polychain Capital and included funding from ...

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 ...

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 ...

It’s been a challenging quarter for crypto, Binance has confirmed in its Q3 market pulse report. The market was down in many sectors, the report found, although the entry of institutional players such as Deutsche Bank, Sony and PayPal helped offset some of the pain. The global c ...

Blockchain gaming is going from strength to strength — underpinned by the explosion of nonfungible tokens, which continue to achieve mainstream adoption. The FRUITS Eco-Blockchain Project is building on this momentum by allowing NFTs to be redeemed for a coveted, real-world object: a physi ...

The Web3 game Mars4, which allows players to explore the surface of Mars, has unveiled two new exclusive rovers inspired by Tesla's Cybertrucks.For decades, space enthusiasts have had a fascination with Mars. NASA's Perseverance rover is giving us regular insight on what life is lik ...

Roblox, an online game platform with over 200 million monthly active users, now accepts XRP (XRP) as a payment method, according to an Oct. 17 announcement from BitPay on X (formerly Twitter).News Alert ...

The world has enthusiastically embraced artificial intelligence (AI), recognizing its potential to revolutionize various aspects of life. AI has been tested across different industries, challenging the status quo and revitalizing ecosystems that have faced trials and errors over the years. In thi ...

Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030. In a bid to diversify its economy away from a dependence on oil, the kingdom has embraced emerging technologies, such as blockchain and artificial intelligence (AI), and tapped into bo ...

In the ever-evolving digital landscape, the distinction between Web2 and Web3 gaming has gained exponential significance. Web2 gaming is typically characterized by centralized, self-contained ecosystems, while Web3 gaming embraces blockchain technology, decentralization and the concept of ...

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 ...

Web3 game Golden Egg Wonderland received a major update with new features, in-game characters and a way to exchange Golden Egg NFTs for physical golden eggs.Web3 gaming has become one of the most popular sectors of the blockchain ecosystem, providing a medium for other blockchain-ba ...

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 ...

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 ...

Gaming retail company GameStop has announced it will remove its digital wallets from the market starting in November, citing “regulatory uncertainty of the crypto space.”In a notice posted to its website, GameStop said iOS and Chrome Extension wallets will no longer be available starting o ...

The esports market is expected to grow at a significant rate, from $1.42 billion in 2022 to a massive $4.47 billion in 2030. Its growth will be driven by the increasing use of smart devices, along with the growing accessibility of internet connectivity, the continued popularity of streamin ...

Solana’s (SOL) price briefly surged to a new year-to-date peak on June 14 after Ripple’s partial win against the United States Securities Exchange and Commission in the case contesting XRP’s (XRP) position as a security. The token recorded gains of 48.09%, reaching a peak of $32.40 as ...

Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases. In an announcement sent to Cointelegraph, the team explained that within the program, users who acquire NFTs c ...

A new era in video gaming is just around the corner, and it’s being driven by a vision of on-demand esports. By enhancing traditional video games with esports gameplay that offers players real payouts, and by offering developers an easy solution to incorporate esports game modes into ...

Sega co-COO yawns at P2E gamesThe co-chief operating officer of Sega has called play-to-earn games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space.Bloomberg reported on July 6 that Shuji Utsumi, the co ...

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 ...

HSBC files metaverse and NFT patentsBritish banking institution HSBC filed a series of metaverse and nonfungible token (NFT)-related trademark applications. A June 12 filing to the United States Patent and Trademark Office (USPTO) show the bank’s trademarks including meta ...

Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite. The move would mark a potentially huge opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more ...

Bitcoin (BTC) mining is estimated to emit 65.4 megatons of CO2 annually. This is the conclusion reached in 2021 by a group of climate and economic researchers in Europe in the report “Revisiting Bitcoin’s carbon footprint.” This emission is comparable to the carbon footprint of an entire c ...

Play-to-earn games took the world by storm in 2021, and at their peak, some enthusiasts in South East Asia were able to supplement their incomes by getting involved.However, a crushing bear market and a series of hacks changed all that, and to make matters worse, the tokenomics with ...

In a major step towards mainstream gamer adoption for crypto, Nike’s nonfungible token (NFT) platform .Swoosh will soon be integrated with EA Sports games, potentially allowing Nike's virtual footwear and apparel to appear in games.In a June 1 statement, Nike said that its “virtual creatio ...

The Pixel Penguin alleged ‘charity project rug’ Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.” The project quietly launched in February, but drew a lot of attention on May 31 following ...

Sei Labs, a leading Tier 1 blockchain developer, has recently raised $30 million in its latest funding round, valuing the company at $800 million. Notable investors such as Jump Crypto, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures, and Bix ...