The GameFi platform Arcade has secured $3.2 million in early investment for its mission to make web3 gaming accessible to everyone. Arcade’s notion of mass-market gaming in which anybody may earn monetary incentives attracted a number of industry giants and well-known investors. The seed round was led by Crypto.com and
Hyperchain X’s first product,the gaming NFT marketplace and NFT mystery boxes Launchpad,is going to be launched on the 1st of October. Hyperchain X is the world’s first community driven token in gaming. The NFT marketplace of Hyperchain is fully dedicated to the gaming industry and designed for gamification. Users can
The producers of Fortnite have granted the team an Epic MegaGrant. The program encourages the development of noteworthy, original works. Epic Games has provided funding to Grease Monkey Games, an Australian indie studio that is a subsidiary of Animoca Brands, so that they may create Torque Drift 2, a blockchain-based
Decentralized finance is gradually becoming a mainstay in users’ daily lives worldwide. With the help of blockchain technology, DeFi is getting closer to replacing traditional financial methods and revolutionizing the finance industry. According to a Coinshares report, an institutional crypto investing platform, more than $9.3 billion in annual institutional inflow
In the traditional Internet field, the growth of games has always been in a strong position compared to other sectors, especially in the global outbreak of COVID-19 in 2020. After the online economic stimulus, the online gaming sector saw rapid development in 2020. According to Newzoo’s 2021 market summary report,
Several new projects are entering the crypto industry each day and the volume is growing gradually. The current trend in the crypto market is NFT, GameFi, and metaverse projects. While the rise of GameFi and metaverse projects depicts the importance and potential of these sectors. The updates and advancements in
DeFi Kingdoms is challenging Axie Infinity with its P2E and NFT gaming. Known as GameFi, blockchain gaming exploded in 2021. The enthusiasm around blockchain-based play-to-earn games in 2021 has proved the interest and scope, with both new and existing initiatives aiming to inject new life into the industry. Known as
Players will be able to purchase and sell stuff on several blockchains. LD Capital and Akatsuki also participated in the funding round. For users looking for a location where they can buy anything from avatars and rare weapons to virtual land and pets, Lootex is going to be their one-stop-shop
Initial Game Offering (IGO) launchpads are decentralized platforms Seedify.fund is a Decentralized Incubator and the IGO Launchpad. IGO launchpad built on Polygon Chain is Gamestarter. Crypto gaming is receiving massive attention, also unique active users in the gaming category have been outperforming. Accordingly, Initial Game Offering (IGO) launchpads are decentralized
YooShi (YOOSHI) price spikes to over 40% in a day. It is one of the hot trending GameFi tokens (Game + DeFi + DAO + NFT) on BSC. YooShi (YOOSHI) price spikes to over 40% in a day. According to CoinMarketCap, the YOOSHI price is $0.000000144 with a 24-hour trading
