Gaming-focused blockchain, Zilliqa announced that it has launched a web3 gaming console prototype with an in-built crypto miner and web3 wallet. The layer-1 network stated that the move is designed to “onboard millions of non-crypto natives into the blockchain gaming ecosystem.” Source: Zilliqa Following its recent partnership announcement with Zilliqa, the Xborg founder, Louis Regis,…
Immutable’s Guild of Guardians on building trust to onboard traditional gamers
Following the emerging trend within web3 gaming, Guild of Guardians looks to promote the concept of “play-and-earn” instead of play-to-earn. The game, from the team behind Gods Unchained, Immutable Studios, focuses on digital asset ownership as a byproduct of engaging game design and replayability. Guild of Guardians elite talent CryptoSlate spoke with Sangita Sarkar, Head…
What will future GameFi models look like?
The terms GameFi 1.0, 2.0, and 3.0 refer to the iteration of GameFi titles as they move from earliest and least sustainable to more sophisticated as the industry evolves. While tokenomics of different projects are a significant factor (e.g., the number of coins within the game), others, like funding and game quality, are also critical….
W3E to host world’s first web3 esports tournament this November in Istanbul
Web3 gaming company W3E will be hosting the world’s first Web3 e-sports tournament on Nov. 17 as a part of Istanbul Blockchain Week. The event will occur in Istanbul between November 14 and 17. The W3E global e-sports tournament will take place on the last day of the whole event. The ESA e-sports arena will…
Nansen Ronin report reveals 82.7% drop in Q2 TVL, struggle to attract validators but bullish signs ahead
The Ronin bridge, an Ethereum sidechain designed to facilitate the growth of the Axie Infinity universe, has had a mountain to climb following its major exploit in April, which led to hundreds of millions of dollars being stolen by hackers. A report from Nansen Alpha exclusively shared with CryptoSlate identified the state of the ecosystem…
August 2022 GameFi Report
While the number of new users entering GameFi has dropped precipitously, the average number of transactions per user is increasing steadily. Therefore, with the users in the market today more likely to be actively gaming, GameFi data from August can help us understand which projects and ecosystems are sustainable in the long run. Splinterlands and…
Upland paves the way to the mass market with an open and inclusive economy
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Upland, the layer-1 metaverse, has secured a unique position to attract the mass market with its open and inclusive economy. The mobile-first metaverse features a gamified experience that enables players to buy virtual properties on the…
The Play to Earn craze may be over with new coalition of gameplay-first communities
When you think of web3 or blockchain gaming, you most likely think of the term play-to-earn, a craze that swept the industry in 2021 with games such as Axie Infinity soaring in popularity, web3 gaming guilds such as YGG exploded, and play-to-earn was all the rage. In 2022 the phenomena continued with other types of…
Blockchain gaming company Xterio bags $40M led by FunPlus, FTX Ventures
Blockchain gaming company Xterio has raised $40 million to develop Web 3.0 game franchises, the startup announced on August 30. The funding was led by FTX Ventures, the venture capital arm of crypto exchange FTX, FunPlus, Makers Fund, and XPLA, the press release said. Switzerland-headquartered FunPlus is a video game developer and publisher publishing games…
Study discovers 40% of web3 gaming accounts are bots using on-chain data
Levan Kvirkvelia, the founder of Jigger, an anti-bot protection software, has released a report asserting that 40% of the player base of web3 games are bots. The study found evidence of 20,000 bots across over 60 web3 games. Louis Regis, founder and CEO of Xborg, exclusively confirmed to CrytoSlate that “many games artificially boost their…