fifa

Lionel Messi Backs Web3 Startup Matchday, Raising $21M in Seed Round

Lionel Messi\’s Play Time invests in Matchday, an upcoming NFT blockchain football game in Web3 that will offer true ownership.

FIFA is working with the studio to make Web3 games, which will be backed by professional soccer star Lionel Messi\’s venture capital firm, Play Time.

The Web3 gaming startup Matchday has raised $21 million in seed capital for developing a range of soccer games. Notably, one of the companies funding Matchday is owned by soccer legend, Lionel Messi. In addition to Messi\’s company, Play Time Sports – Tech HoldCo LLC, venture capital firms such as Courtside Ventures, Greylock, Capricorn Investment Group, Horizon Ventures, and HackVC have also invested in the project.

Messi Invests in Web3 Football Blockchain Game

Matchday has teamed up with both Argentine soccer player Lionel Messi and Spanish soccer star Alexia Putellas. Putellas is the founder of the company\’s new game series on a global scale. Messi, who is the captain of the Argentine national team and plays for Paris Saint-Germain FC, has put a lot of money into the NFT space. He is one of the best football players who has put a lot of money into NFTs.

Lionel Messi currently serves as the brand ambassador of Sorare, a popular NFT fantasy football game, and Socios, a fan token platform. In addition to his ambassadorship, he has also made an investment in Sorare. Messi has reportedly entered into an endorsement deal with Socios worth $20 million. Additionally, he has launched an official NFT collectible through the Ethernity Chain Platform.

Derrick Ko, co-founder and CEO of Matchday, said in a statement that the company is making a game for a group of soccer fans that hasn\’t been reached yet. He also said that the game will be set up for people who don\’t play it all the time. In the same way, Matchday\’s chief gaming officer, Sebastian de Halleux, said he was excited about the game.

NFT Game Matchday

Matchday\’s chief gaming officer, Sebastian de Halleux, said that the new game will be easy for anyone to play and will focus on giving players real ownership of digital items that they can be proud of. Matchday has been making soccer games for a long time and has official licenses from FIFA and FIFPRO, the players association. In a statement, De Halleux said, \”Our games will be open to all players and will be based on true ownership of digital items that will be a source of pride for all players.\”

The company is confident about its next project because Halleux has worked on similar projects before at Electronic Arts, a big game publisher. Halleux worked on the FIFA game series and the Madden NFT game series while he was at Electronic Arts.

Reasons behind Football in Web3

Stats show that Web3 users have spent about $4.3 billion on non-fungible tokens (NFTs), which give the user ownership. With their new project, Matchday is building on the idea that \”ownership is equal to emotion.\” The company thinks that blockchains can help football fans feel like they own the game.

Matchday was the first to suggest making a soccer game based on the blockchain. The fact that experts like FIFA, the official group in charge of the World Cup, are involved makes it important. The players\’ union, FIFPRO, is also involved. Derrick Ko, co-founder and CEO of Matchday, said in a statement that the games will be made for \”casual\” users. \”We are building for a football audience that hasn\’t been reached yet,\” Ko said.

\"Lionel
Lionel Messi, Backs Web3 Startup Matchday, Raising $21M in Seed Round

Matchday has also gotten help from some of the biggest venture capital firms. One of these is Play Time Sports – Tech HoldCo LLC, which is owned by Lionel Messi, a famous football player. The company plans to launch in 2023, along with a player card made by the NFT. Different football players from all over the world will be shown on the card. Once the game is out in full, players will be able to buy and use these cards.

Inspirations behind Matchday

Without a doubt, football is the most popular sport in the world. It is thought that almost 3.5 billion people around the world play the game. Football is a lot of fun to watch, but it also opens up a lot of business opportunities. The chief gaming officer of Matchday talks about numbers from FIFA that show that about 5 billion people watched the World Cup on average in 2022.

Sebastian de Halleux highlighted that games are also highly popular among people, in addition to football. According to statistics, nearly 3.5 billion people worldwide play video games. Moreover, they spend over $2900 billion on gaming, surpassing the amount spent on other entertainment forms such as music and movies. Although both sectors generate huge revenue, Sebastian proposed the concept of integrating them. This was the inspiration that led to the development of the Matchday project.

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Explore our Top Games and game lists to discover the best P2E games, game developers and read our fresh daily video game news to stay informed about the latest developments in the world of gaming. Contact us for any PlayToEarn Game News or send us your PR if you\’re launching a game, and our PlayToEarn Game news writers will cover it. Join us now to explore and discover the best Play-To-Earn (P2E) games out there with our video game review site.

Weekly Blockchain Games and Web 3.0 News Roundup

Welcome to the weekly roundup of crypto exchanges. A lot has happened. Let’s have a look at the top stories of this week:

  • Microsoft invests in Korean blockchain game
  • Square Enix financial report and projection of blockchain technology
  • NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure
  • FIFA takes the leap toward blockchain games
  • Mythical Games cuts down on its staff

Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX. However, we also saw that cryptocurrencies have made rebounds this week as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as peer to peer electronic transaction without any financial intermediation. And, Ethereum remains the standout protocol to build decentralized applications.

Microsoft Invest in Web3.0

We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the proud developer behind the popular MMO game series Mir. WeMade’s newest venture is in the blockchain in blockchain mainnet called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain. Moreover, the company also has an NFT auction site allowing NFTs and DAOs. Besides, WeMade newest title Mir4 is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the total fund of the $46 million investment round.

Square Enix\’s Eyes Web3.0 and Blockchain Games

In other news, Square Enix\’s financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles. The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investment in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox.

\"Symbiogenesis:
Symbiogenesis: Square Enix Announces it\’s First Ever Ethereum-Based NFT Game

South Korean Giant NCSoft Invests in Web3.0 Company

The blockchain gaming industry continues to thrive and gain investments, especially from Asian companies.NCSoft, South Korea’s gaming giant made $15 million worth of investment in Mysten Labs of the previously announced $300 million funding round. Mysten Labs\’ ongoing project is Layer 1 blockchain development which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof of stake blockchain. Its recent $300 million fundraising was led by FTX Ventures, other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures.

FIFA Launches 4 Web3.0 Blockchain Games

Finally, FIFA parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with 4 Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have an input in between. Moreover, the players will earn four unique collectibles in AI-controlled players. 

The second game is FIFA World Cup 2022 in the Upland Metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets providing full ownership to players. 

\"FIFA
FIFA UPland

The third game is FIFA World Cup Qatar 2022 on Phygtl. Phygtl is a fan engagement mobile application.

The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming.

Blockchain Gaming Developer Mythical Games Lays Off Staff

Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting leading to the laying off of 10% of its employees. The company is valued at more than $270 million in venture capital, previously the company was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn. The company’s leading project in blockchain gaming is Blankos Block Party which is suffering from a low daily active user count leading to difficulty finding games for online players.

PlayToEarnGames.com is a website where we keep an overview of all games in the genres of P2E, NFT, Crypto, Web3, and Blockchain games. Check out our games page or find a \”play-to-earn\” games list here. More information about W3 Play can be found on our about us page. Our news is daily updated on all video games and game developers.

Welcome to this weekly roundup of crypto and blockchain gaming news. A lot has happened during the week, especially involving big blockchain gaming companies, but not necessarily in auspicious ways. But first..! W3 Play and PlayToEarnGames.com Submit New Games: I would like to ask all web3 and blockchain game developers to check if their games are on our websites. If not, do contact me. You only have to check this site since all of our sites use one database. Translations have begun, with four languages added so far: German, French, Spanish, and Portuguese. Features Community: we are starting phase 2 of our platform development, where we will focus on launching a community platform with a local focus. We are looking for partners that can offer interesting features to our gaming community. If you feel, you have something, contact me! Video Gaming Reviews: Our video editorial team has started their first video. Therefore, we are looking for video footage of games that are currently on our platform so we can add it to our YouTube channel, called Play To Earn Games. Click here to contact us about new games and promotions. So the news. Lets dive in, shall we? Let’s have a look at the top stories this week: Microsoft invests in a Korean blockchain game. Square Enix financial report and projection of blockchain technology. NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure. FIFA takes the leap toward blockchain games. Mythical Games cuts down on its staff. Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week, we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX. However, we also saw that cryptocurrencies have made rebounds this week, just as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as a peer-to-peer electronic transaction without any financial intermediation. And Ethereum remains the standout protocol to build decentralized applications. We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the game developer behind the popular MMO game series Mir. WeMade’s newest venture is in a blockchain company called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain. Moreover, the company also has an NFT auction site that allows NFTs and DAOs. Besides, WeMade's newest title, Mir4, is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the $46 million investment round. In other news, Square Enix's financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain, with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles. The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investments in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox. The blockchain gaming industry continues to thrive and attract investments, especially from Asian companies. NCSoft, South Korea’s gaming giant, invested $15 million in Mysten Labs as part of the previously announced $300 million funding round. Mysten Labs' ongoing project is Layer 1 blockchain development, which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof-of-stake blockchain. Its recent $300 million in fundraising was led by FTX Ventures. Other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures. Finally, FIFA's parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with four Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have input in between. Furthermore, AI-controlled players will earn four distinct collectibles. FIFA World Cup 2022 is the second game in the upland metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets that provide full ownership to players. The third game on Phygtl is the FIFA World Cup Qatar 2022. Phygtl is a mobile application for fan engagement. The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming. Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting, leading to the laying off of 10% of its employees. The company is valued at more than $270 million in venture capital; previously, it was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn. The company’s leading project in blockchain gaming is Blankos Block Party, which is suffering from a low daily active user count, leading to difficulty finding games for online players.

Mythical Games Cuts Down, FIFA In Blockchain, NCSoft Invests In Mysten Labs And More

Welcome to this weekly roundup of crypto and blockchain gaming news. A lot has happened during the week, especially involving big blockchain gaming companies, but not necessarily in auspicious ways. But first..!

W3 Play and PlayToEarnGames.com

Submit New Games: I would like to ask all web3 and blockchain game developers to check if their games are on our websites. If not, do contact me. You only have to check this site since all of our sites use one database. Translations have begun, with four languages added so far: German, French, Spanish, and Portuguese.

Features Community: we are starting phase 2 of our platform development, where we will focus on launching a community platform with a local focus. We are looking for partners that can offer interesting features to our gaming community. If you feel, you have something, contact me!

Video Gaming Reviews: Our video editorial team has started their first video. Therefore, we are looking for video footage of games that are currently on our platform so we can add it to our YouTube channel, called Play To Earn Games. Click here to contact us about new games and promotions.

So the news. Lets dive in, shall we?

Let’s have a look at the top stories this week:

  • Microsoft invests in a Korean blockchain game.
  • Square Enix financial report and projection of blockchain technology.
  • NCSoft invests in Mysten Labs to develop Web3 gaming infrastructure.
  • FIFA takes the leap toward blockchain games.
  • Mythical Games cuts down on its staff.

Crypto is one of the few industries in this world that faces regular crises and gets jolted every now and then. This week, we saw the bankruptcy of one of the most prominent players in the crypto industry, FTX.

However, we also saw that cryptocurrencies have made rebounds this week, just as they did during previous recessions. So, the crypto industry is still holding on and avoiding washouts, meaning they are only getting stronger. Bitcoin stands tall as a peer-to-peer electronic transaction without any financial intermediation. And Ethereum remains the standout protocol to build decentralized applications.

We will identify the trend in crypto and blockchain gaming in the weeks to come after FTX’s bankruptcy. However, the previous week saw Microsoft investing in Korean blockchain gaming company WeMade, the game developer behind the popular MMO game series Mir.

WeMade’s newest venture is in a blockchain company called Wemix 3.0. The platform will deploy a blockchain network and allow cryptocurrency transactions to be verified and recorded on the blockchain.

Moreover, the company also has an NFT auction site that allows NFTs and DAOs. Besides, WeMade’s newest title, Mir4, is arguably the world’s first AAA blockbuster blockchain game. It is not known how much Microsoft invested in the $46 million investment round.

In other news, Square Enix’s financial results show an overall revenue fall despite Final Fantasy 14’s rise in sales. However, the report shows Square Enix’s focus on the new domain of blockchain, with blockchain games and entertainment as its medium-term strategy. The company also unveiled its first NFT IP, Symbiogenesis, launching its first sale of NFT collectibles.

The report also shared further plans with Shi-San-Sei Million Arthur NFTs, investments in the Bitcoin platform Zebedee, investments in Blocklords, Cross The Ages, Animoca Brands, and the Sandbox.

The blockchain gaming industry continues to thrive and attract investments, especially from Asian companies. NCSoft, South Korea’s gaming giant, invested $15 million in Mysten Labs as part of the previously announced $300 million funding round.

Mysten Labs’ ongoing project is Layer 1 blockchain development, which will serve as infrastructure for Web3 games. The company emerged in 2021 and launched its first project, Sui, a decentralized proof-of-stake blockchain. Its recent $300 million in fundraising was led by FTX Ventures. Other notable participants were Jump Crypto, Apollo, Sino Global, Dentsu Ventures, and Coinbase Ventures.

Finally, FIFA’s parting ways with EA led to its entry into the blockchain gaming space for the very first time. The organization will start with four Web 3.0 games that will coincide with the FIFA World Cup 2022. The first game among the lot is AI League: FIFA World Cup Qatar 2022 Edition. The developer behind the game is Altered State Machine. The game is a 4-on-4 casual football game where AI will compete and players will have input in between. Furthermore, AI-controlled players will earn four distinct collectibles.

FIFA World Cup 2022 is the second game in the upland metaverse. This project is a collaboration between FIFA and Upland. Upland is a blockchain-based metaverse with virtual land assets that provide full ownership to players.

The third game on Phygtl is the FIFA World Cup Qatar 2022. Phygtl is a mobile application for fan engagement.

The fourth and final FIFA game on the blockchain is Matchday Challenge: FIFA World Cup Qatar 2022 Edition. It is a social prediction game based on football cards. It will be interesting to see how football game fans around the world take FIFA’s new ventures in Web3 gaming.

Finally, we have Mythical Games, a blockchain game developer, going after cost-cutting, leading to the laying off of 10% of its employees.

The company is valued at more than $270 million in venture capital; previously, it was valued at $1.25 billion. The reason given by the company behind the recent firing was the economic downturn.

The company’s leading project in blockchain gaming is Blankos Block Party, which is suffering from a low daily active user count, leading to difficulty finding games for online players.