MetaFight, a blockchain game based on mixed martial arts (MMA), announced the completion of a new round of strategic financing, with Animoca Brands participating and becoming its partner. The specific amount has not been disclosed. It is reported that MetaFight is building an immersive interactive gaming experience for free fighting fans around the world, and the new funds will be used to advance its game development and open up digital property in the metaverse.

As we near the new year, there are six scaling solutions in crypto whose gaming scenes I’m watching closely right now. Let’s take the pulse of these projects and give you some things to look out for in case the gaming sector swells in crypto in 2024!

Farcana, a blockchain gaming studio, has raised $10 million in seed funding from companies such as Animoca Brands, Polygon Ventures, Fenbushi Capital, and Merit Circle to further develop its third-person multiplayer shooting game. Rarestone Capital, MMPro Trust, Unpopular Ventures, Kapo Capital, Emchain, Hasu Capital, and Dravus Investment also participated in this round of financing.

Jonah, a partner at Game Fund Partners, posted on X that the Immortal Game team has withdrawn from Web3 games. They raised $15 million and are now trying to return to Web2.The Immortal Game team responded in the comments, clarifying that they are strong supporters of Web3 and game ownership. However, they believe that playing for money is not sustainable, especially for chess. They are still actively developing Web3 features for their platform, especially solutions for online chess cheating. More new features will be launched in the coming months.

Web3 gaming has remained unfazed by the bear season. But how does the expected bull run impact interest in blockchain-based games?

On December 12th, My Neighbor Alice, a blockchain game, has migrated from BNB Chain to Chromia network before launching on the Chromia mainnet. On the occasion of releasing the fourth season content package today, the developers have also launched a corresponding cross-chain bridge, allowing NFT owners to transfer their assets to the new chain to create new Chromia NFTs in the game. According to the press release, players participating in the game on the new chain do not need to pay gas fees or sign transactions.

On December 8th, the Japanese entertainment and gaming startup Gacha Monsters completed a $3 million seed round of financing, led by Animoca Brands and with participation from Infinity Ventures Crypto, FBG, and Big Time Games. The new funds will be used to create and distribute various forms of intellectual property (IP), such as video games, anime, manga, physical goods, and Web3.<br>It is reported that Gacha Monsters' first self-developed game is Poglin, and the alpha version will be launched in Q1 of 2024. The company plans to make Poglin a multimedia IP that covers anime, games, Web3, and physical goods.

Sky Mavis, the team behind the Web3 game Axie Infinity, has announced a partnership with Singaporean game developer Foonie Magus. This will involve the introduction of the new game "Apeiron" to the Ronin blockchain. A demo version of Apeiron is already available on the Epic Game Store, with a mobile version expected to be released globally in the first quarter of 2024.

XAI announced on the X platform that the Sentry node sale will start at 4:00 AM UTC on December 7th (12:00 PM Beijing time on December 7th). Users who want to participate need to have ETH on Arbitrum, with a starting price of $300 or approximately 0.15 ETH, and no need to pre-install node software.

Bitget Research Institute stated that according to RootData data, the GameFi sector's investment rebounded in October this year, with financing amount exceeding 100 million US dollars in October, a 61% increase from September's 67 million US dollars, while financing amount in July and August this year were both less than 15 million US dollars. In addition, GameFi positive events emerged in November, including Pixels, Illuvium, Gala Games, TreasureDAO, and others releasing positive news in November. In addition, traditional gaming giants such as Unisoft entering the market have raised users' expectations for the playability of blockchain games. With the increase in confidence in the GameFi track by capital, the optimization of gaming experience, and the lowering of user thresholds, more funds and users will be attracted in the future.