gaming / 53 posts found
Inside Axie Infinity: A Deep Dive Into the World’s Largest P2E Game
Axie Infinity isn’t just one of the biggest play-to-earn (P2E) games out there — it’s also one of the biggest NFT projects in the entire community, full stop. In large chunks of the world, Axie Infinity reigns supreme as the single most popular NFT. When it launched in March 2018, it presented users with an offer that almost seemed too good to be true: the chance to earn real money by playing a game. However, Sky Mavis’ Poké-clone has seen a rough couple of months. The company is still reeling following a March 2022 hack that saw hundreds of millions […]
NFT Game Developers Take on Minecraft After Blockchain Ban
Following Minecraft’s outright ban on in-game NFTs, some blockchain-based projects have been forced to find new homes. Case in point: NFT Worlds, a beleaguered metaverse gaming project that once enabled users to mint, buy, and trade various Minecraft-compatible 3D worlds. With Minecraft’s ban in place, NFT Worlds’ proprietary $WRLD token immediately tanked in value, exacerbating the effects of an industry-wide downturn. Source: CoinMarketCap NFT Worlds saw this potentially-catastrophic news as a rallying call. Like many others in this bear market, the company has no other choice but to keep building. In a lengthy public statement, the NFT Worlds team announced […]
An Upcoming Web3 Game Wants to Help You Relive Your Memories
Metaverse experiences don’t always have to be huge community-spanning affairs or ways for fans to engage more deeply with their beloved IPs. Outside of Web3, we’ve already seen the idea of using VR to craft deeply personal experiences for users. Let’s start with how this idea is approached in popular culture. In the opening minutes of 2016’s Captain America: Civil War, viewers were treated to yet another cutting-edge technological development from fictional futurist Tony Stark: BARF. In the film, the technology enabled its users to virtually relive their memories in vivid detail. Of course, included in that package is the […]
Here’s How Gamers Are Responding to Minecraft’s Sweeping NFT Ban
Since NFTs first entered the public spotlight in early 2021, one group has rallied against letting this technology into their lives: gamers. That leaves regular or core gaming experiences like Call of Duty, Valorant, and Fortnite in an entirely different market category than their blockchain-enabled counterparts. Despite their growing valuations and popularity, blockchain games are still struggling to compete with their mainstream gaming counterparts. For example, Decentraland and The Sandbox are two games that’ve tried popularizing the concept of buying and selling virtual real estate as NFTs have both struggled to hit even 1,000 active monthly users as of writing. […]
Final Fantasy VII NFT Project to Honor the Game’s 25th Anniversary
One of the longest-running and most beloved video game series of all time is getting the NFT treatment. Today, software platform Enjin and well-known video game company Square Enix announced the upcoming launch of a collectible set of digital cards and figures inspired by “Final Fantasy VII,” the iconic 1997 RPG, according to a recent press release. Enjiin, a software platform that lets developers create their own NFTs on Ethereum and integrate them into games and apps, and Square Enix, the company behind the famous game, are releasing the collection in honor of the game’s 25th anniversary. The release will […]
Can a Major Esports Network Convert NFTs’ Biggest Detractors?
There’s far more to NFTs than the generative PFP projects you may stumble upon while scrolling through social media. But for many, the conventional conception of what NFTs are is rooted in a field far removed from the arts: play-to-earn (P2E) games. This is especially true in Asian countries, where P2E experiences like the beleaguered Axie Infinity reigned supreme in a recent analysis done by CashNetUSA gauging the most popular NFTs in the world by region. Enter TechStorm — a Singapore-based digital esports media network that aims to function as a regional hub for Web3, fostering collaborations ranging from gamefi […]
Here’s Why Many Gamers (Rightfully) Aren’t so Game on NFTs
For many gamers, animosity toward NFTs has yet to wane. Even as the NFT ecosystem balloons further, branching out into seemingly every sector of the entertainment industry, an array of (very vocal) detractors continue to staunchly oppose digital collectibles. Across all the industries — music, fashion, film, finance, and so on — NFTs are undoubtedly most abhorred in the gaming industry. From casual players all the way up to e-sports professionals, many have denounced the implementation of NFTs and similar blockchain-based endeavors within the space. And it isn’t just consumers. Prominent game developers and companies alike have opposed NFTs. Even […]
GameStop’s NFT Marketplace Goes Live to Mixed Reception
GameStop’s NFT marketplace is officially live as of July 11, 2022. Users who’ve set up their GameStop wallets are now free to fill them with NFTs from the marketplace, along with any Ethereum they’ve set aside for this big day. So how’s it doing? Well, financially speaking, pretty good. Reports from GameStop analysis Twitter account GMEdd indicate that within 12 hours, the marketplace has grossed well over $1 million in trading volume. The GameStop NFT Marketplace has reached over $1,000,000 in volume since launching nine hours ago. — GMEdd.com (@GMEdd) July 12, 2022 GMEdd also cited MetaBoy as the marketplace’s […]
Why P2E NFT Games Need to Double-Down on ‘Play’ Instead of ‘Earn’
When Brazilian game developer Mark Venturelli virtually took the stage at Brazil’s International Games (BIG) Festival on July 8, he was ostensibly set to give a talk on his vision for the future of game design. Instead, Venturelli used his platform to deliver an impassioned speech to the festival’s attendees on why NFTs vis-à-vis play-to-earn (P2E) games are wholly incompatible with his personal vision for how game design should strive to progress in the coming years. A brave move, to say the least, considering that blockchain gaming platform Lakea was among the festival’s corporate partners. A cynical view of Web3 […]