gaming / 28 posts found

Snoop Dogg and Billy Ray Cyrus’ New Release Asks You to Compete for NFTs

Comments are off for this post.
Few artists have achieved staying power at Snoop Dogg’s level. A name synonymous with rap music and hip-hop culture, the LBC legend has remained at the forefront of trends far beyond the original scope of his career. That, of course, now includes trends in the metaverse. A prominent player in the NFT space, Snoop is considered a seasoned veteran of blockchain-based music endeavors. With major feats like a multi-million dollar ($45 million by some accounts) collection with Gala Music, numerous NFT mixtapes, and the reconstruction of iconic Death Row Records as a Web3 label under his belt, when Snoop makes […]

Why Game Industry Veterans Are Entering Web3 In Droves

Comments are off for this post.
In 2018, millions of people were unwittingly onboarded to Web3. This mass onboarding happened thanks to Axie Infinity, a pay-to-earn (P2E) video game that lets users earn real cash. Although an array of (very vocal) detractors continue to staunchly oppose blockchain gaming, the space has grown considerably in recent years. In fact, from 2021 to 2022 alone, blockchain gaming usage increased by 2000 percent, attracting scores of experienced Web2 game developers and executives in the process. But why? What exactly makes the promise of Web3 game development so alluring? We spoke to Web3 builders who made the jump from traditional […]

Can Blockchain Gaming Be Good? A 90s-Era Nintendo Legend Weighs In

Comments are off for this post.
In the early 1990s, game industry exec Tony Harman was sitting on a long flight to Kyoto, Japan. After publishing a report questioning the then-widely accepted dogma that only Japanese studios could make good games, word spread from his U.S. office to its Japanese headquarters. While he didn’t know it then — Harman was headed for a date with destiny. Upon arriving in Japan, he had only one place to go: Nintendo’s global headquarters, for a meeting with the man behind the legend: Shigeru Miyamoto — one of the creators of the Italian plumber named Mario. But what was Harman […]

Securities and NFTs: A Legal Guide for Gamers and Game Developers

Comments are off for this post.
As you’ve likely experienced, games are expensive to build. Gaming companies have traditionally raised money from publishers, crowdfunding platforms (like Kickstarter, Indiegogo, or Gamefound), or by selling equity in the company to venture capitalists (VCs) and angel investors. But with crypto, there are now two additional ways to raise money: by selling game tokens and/or NFTs. In this new paradigm, Web3 gaming companies have raised millions of dollars from traditional investors, such as venture capitalists, and a non-traditional class of participants — and the public, via public token sales and NFT mints. However, while Web3 games can open new avenues […]

In Web3, Ownership Could Eclipse the Popularity of Play-to-Earn

Comments are off for this post.
If you’ve paid even the slightest bit of attention to the blockchain gaming space, you’re already familiar with a three-letter word that’s come to define this growing gaming sector in the past years: play-to-earn. The world first heard about play-to-earn (P2E) games thanks to Axie Infinity, the massive blockchain gaming juggernaut that aimed to reward players with real money in return for their time and effort. But it’s been a long five years since Axie first showed up on the radars of the terminally online. Today, the game is still reeling from a massive $615 million dollar hack, and the […]

Gala: A Platform Spending Billions to Build a Web3 Powerhouse

Comments are off for this post.
For Web3 companies in the entertainment industry, it’s crucial to understand how flexible NFT minting can be, especially when the goal is to onboard as many people to Web3 as possible. This is why diversifying platforms still under construction is so common among firms making their ascent in the space. And Gala is attempting to do just this. Perhaps best known for its Gala Games and Gala Music platforms, it took steps to expand its lead within Web3 via the August reveal of Gala Film, a platform that offers users the opportunity to enjoy “watch-to-earn” mechanics. Calling Gala “ambitious” may […]

A Muhammad Ali-Inspired Web3 Game Is Lacing Up Its Gloves

Comments are off for this post.
The Alpha: The celebration of the 47th anniversary of Muhammad Ali’s career-defining Thrilla in Manila pay-per-view bout will go down on the metaverse, according to a press release shared with nft now. Muhammad Ali Enterprises and Non-Fungible Labs have partnered up with Altered State Machine to provide the Greatest’s loyal fanbase a truly unique AI metaverse boxing experience. This AI-driven metaverse game, called Muhammad Ali — The Next Legends, will feature digital boxing avatars equipped with Altered State Machine’s AI NFT brains. The mint for these AI boxers will go live on October 1 via a Pro-Pack bundle that features […]

Pixelmon Has New Leadership. Can It Overcome the Rug Pull Allegations?

Comments are off for this post.
The Alpha: When Pixelmon first launched in February 2022 with a 10,005-piece collection of pixellated character NFTs, the NFT community quickly grew excited at the prospect of what seemed like a Web3-focused competitor to Pokémon. All that excitement swiftly turned into scorn the moment the Pixelmon team revealed what the game they were building would look like. Due to each NFT’s hefty 3 ETH price tag, the NFT community went on to call Pixelmon a “$70 million rug pull.” Pixelmon has announced the hiring of a new leadership team to help correct its course, according to an announcement initially reported […]

GameStop’s New FTX Partnership Could Boost Web3 Onboarding

Comments are off for this post.
The Alpha: Following the July launch of its very own NFT marketplace, brick-and-mortar gaming retailer GameStop is doubling down on its Web3 strategy in a new partnership with the crypto exchange platform FTX. The partnership aims to funnel GameStop’s growing Web3-savvy customer base toward FTX’s suite of Web3 services, according to GameStop’s official statement — crucially, FTX has an NFT marketplace of its own. GameStop also hopes to take this partnership IRL by providing FTX gift cards at select physical branches of the gaming store. Why it matters Despite the middling and sometimes overwhelmingly negative reception of GameStop’s NFT marketplace, […]

Blockchain Gaming Needs Triple-A Titles to Truly Go Mainstream

Comments are off for this post.
For better or for worse, one of the buzziest words in the gaming landscape is now “blockchain.” Blockchain gaming, crypto games, NFT games — whatever feels most apt works. While the Web3 community believes gaming may be the biggest driving force in onboarding the mainstream into Web3, gamers themselves have long resisted the idea. In the wider gaming community, blockchain games don’t receive the highest respect. But why? For most gamers, the problem might not have anything to do with environmental concerns or the looming threat of bad faith actors licking their paws at any mention of the word “blockchain.” The […]
error: Content is protected !!