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Founded by Ex-CEO of Riot Games Asia, Ambrus Studio Pioneers the 'Play for Fun' Approach in the Web3 Gaming World

Ambrus Studio champions a "Play for Fun" approach instead of "Play to Earn," aiming to attract authentic players who genuinely appreciate the gaming experience.
Founded by Ex-CEO of Riot Games Asia, Ambrus Studio Pioneers the 'Play for Fun' Approach in the Web3 Gaming World

Skytopia: Weekly Update (June 15th, 2023)

It's a weekly update that summarizes community activities of Sklytopia.
Skytopia: Weekly Update (June 15th, 2023)

Over 500K Monthly Active Users: Explore How Gameta Boosts Web3 Adoption Through Hyper-Casual Games and Play-to-Earn Strategies

In April, Gameta successfully secured $5 million in seed funding, with prominent institutions like Binance Labs, Arcane Group, Gate.io Labs, Ceras Ventures, and Huobi Ventures contributing to the investment.
Over 500K Monthly Active Users: Explore How Gameta Boosts Web3 Adoption Through Hyper-Casual Games and Play-to-Earn Strategies

Decentralized Application Industry Grows by 9.97% in May, Led by Gaming and DeFi Sectors

The decentralized application industry experienced a growth of 9.97% in May, with an average of 1,967,051 daily unique active wallets. The gaming and decentralized finance (DeFi) sectors were the main drivers of growth, although DeFi saw a decline in total value locked.

DeFi Still Faces Trust Issues Despite Potential for Revolutionizing Financial Industry

Despite the growing popularity of cryptocurrency and decentralized finance, DeFi still faces trust issues from insiders and outsiders alike. The total value locked in DeFi protocols decreased by over US$200 billion in 2022, reaching US$53 billion by year-end. However, ignoring DeFi is not an option as it is essential for the development of future blockchain applications.

WEMIX and Hub71 Partner to Accelerate Growth Opportunities for Web3 Startups

Korean blockchain developer WEMIX and Abu Dhabi's global tech ecosystem, Hub71, have signed an MoU to create and accelerate growth opportunities for their respective portfolio companies and Web3 startups. WEMIX startups will have the opportunity to join Hub71's community of over 200 startups and gain access to its range of value-add programs and incentives.

Reddit co-founder predicts majority of gamers will demand "play-to-earn" model within next five years

Alexis Ohanian, founder and General Partner of venture capital firm Seven Seven Six, believes that "play-to-earn" gaming is the future and that within the next five years, the majority of gamers won't play games unless they are being properly valued for that time. Ohanian cited the success of Axie Infinity and the six-figure sales of virtual items in other games as evidence that the "play-to-earn" model will become standard for video games. However, many crypto industry executives and developers disagree, arguing that "play-to-earn" is not a sustainable model for the industry and that monetary value should not be the main value metric for gamers.

"Another World: A Metaverse Game Where Players Flex Bored Ape and Other NFTs in a 3D Environment"

Another World is a metaverse game that allows players to showcase their Bored Apes, Clone X, OnChainMonkey, and Azuki NFTs in a 3D environment inspired by the Apes' swampy homelands and Azuki's Japanese anime-inspired aesthetic.

QORPO Game Studio aims to bring triple-A gaming to Web3 with Citizen Conflict and AniMate

In the first quarter of 2023, the Web3 gaming industry experienced growth and exciting developments, with traditional Web2 gaming companies investing $739 million in blockchain games and metaverse projects. Gaming has become a major point of interaction between users and Web3, with almost half of blockchain activity coming from gaming.

Arcade Meets Blockchain: Ordz Games Combines GameFi, Ordinals, and BRC20 Tokens

Ordz Game combines multiple innovative elements such as GameFi, Ordinals, and BRC-20 tokens to create a unique experience for users.
Arcade Meets Blockchain: Ordz Games Combines GameFi, Ordinals, and BRC20 Tokens