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Alien Worlds Blockchain Game New Update 1.3.0 Introduces Bug Fixes and Gameplay Improvements

Alien Worlds blockchain game launches new update to make the gameplay more exciting and player-friendly along with numerous bug fixes. The updates involve Syndicates, Missions, Mining, and more.

Alien World releases a new update, fixing bugs for a seamless gaming experience.

The popular blockchain-based game recently released a new update that includes several bug fixes to improve the overall user experience.

Alien Worlds Syndicates Bug Fixes

The first issue addressed by the fix was related to the management of Candidacy for Custodians. Previously, there was a bug that prevented Custodians from properly managing their Candidacy status, which could cause confusion and frustration for players. This issue has now been resolved, allowing Custodians to manage their Candidacy status more easily and effectively.

The second issue addressed by the fix was related to the unstaking of votes. Previously, there was a discrepancy between the UI and on-chain information regarding the unstaking delay for votes. This could lead to confusion and mistakes when unstaking votes, which could in turn potentially impact the player\’s experience in the game. This issue has now been resolved, ensuring that the UI and on-chain information for unstaking delay is consistent and accurate.

The \”Update Custodian Proposals table in Planet Details page\” is a new feature in the game Alien Worlds that improve the functionality and usability of the Planet Details page. This feature provides players with a more comprehensive view of the Custodian Proposals table, which can help them to make more informed decisions and engage more fully with the game.

An issue related to the slider functionality in the Add Vote Power overlay was also fixed in the recent update, which could cause confusion and frustration for players.

Alien Worlds Vote Power Fix and More

The game also fixed the \’Vote Power\’ decimal point in the Syndicates sidebar. This fix addresses an issue related to the decimal point in the Syndicates sidebar, which could cause confusion for players when trying to view their current vote power. The fix ensures that the decimal point is displayed correctly, allowing players to view their vote power accurately and easily.

The issue that was confusing players when staking tokens is over as well. Previously, there was a bug that had the Vote Power overlays swapping when staking tokens. This was leading players to mistakenly stake tokens on the wrong option.

The Tokenomics Update in the Blockchain Game

Previously, some players may have noticed that their staked tokens were not appearing in the main sidebar. Even though they had successfully staked their tokens. This could have led to confusion and frustration for players who were unable to easily track their staked tokens. This issue is not over by fixing incorrect values for ‘Staked Wax Trilium’ in the main Sidebar.

In the recent update, Alien World has implemented a new feature that allows users to purchase tokens directly from the Fixed Convert Planetary Token overlay if they do not have any tokens available for conversion. This means that users can now easily acquire tokens without having to leave the platform. Or even use a separate cryptocurrency exchange.

It appears that there was a bug in a user interface (UI) feature that was troubling proposals from all Syndicates in line for the display. It displayed only the proposals from the currently selected planet. Syndicates are groups of players within a blockchain-based gaming platform who work together towards common goals.

The bug is no more, meaning that the UI feature now functions correctly and only displays proposals from the currently selected planet. This should improve the user experience for players, as they will be able to more easily locate and view proposals that are relevant to their specific planet and Syndicate.

Alien Worlds Mining Improvements

Another bug was related to the \’Sort By\’ component on the SwitchTools page. It was causing tools to automatically sort by shine instead of the selected option. The fix ensures that tools are now sorted by the selected option in the UI.

The second bug was related to the sorting of assets by charge in the \’Sort By\’ component. The bug was causing inaccurate sorting of player tools by charge time when a player selects the option. The fix ensures that player tools are now accurately sorted by charge time when the \’Sort By\’ option is selected.

Mission Improvements

The update will also repair a bug in its user interface (UI). The bug was causing to pull all mission NFTs instead of caching and reusing images for duplicate NFTs. This had the effect of slowing down the user experience, making it more difficult for players to easily view their Mission NFT inventory.

Overall, the new update released by Alien Worlds includes several significant bug fixes that improve the overall user experience. These fixes ensure that players can enjoy the blockchain game without any technical issues, making it more enjoyable and accessible for everyone. The Alien Worlds team deserves credit for their diligence in identifying and addressing these bugs, while the players are looking forward to future updates that will continue to improve the game.

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Blockchain Gaming News Roundup: Epic Games vs Web3 Games, Playtests, and New Features

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Stay up-to-date with the latest in blockchain gaming! Read our roundup of exciting developments, including new features in popular games like Alien Worlds and Splinterlands, Epic Games\’ stance on Web3 gaming, and The Pokemon Company\’s interest in the industry. Get the scoop on Gala Games\’ playtests and regular updates, as well as the public playtest for Walking Dead Empires. Don\’t miss out on the fun – check out our news roundup today!

A lot of blockchain gaming activity happened this past week where Gala Games announces playtests, Epic Games announcement, Alien Worlds, Gods Unchained, Splinterlands, and more.

Another week full of blockchain gaming activities, updates, tests, and more. We saw Alien Worlds rolling out its massive update improving gameplay, fixing bugs, and adding new features to the game. Furthermore, Gala Games continues to progress in its blockchain gaming projects releasing regular updates and scheduling playtests. Get ready to enter the playtest for Walking Dead Empires, Eternal Paradox, Grit, Last Expedition, and Legends Reborn. We also saw Epic Games\’ announcement against Web3 games that are engaging in malpractices or scams. Moreover, the Pokemon company is also searching for Web3 experts showing its intention to enter the industry. Gods Unchained launching new set of trading cards, Splinterlands\’ new land gameplay, and Walking Dead Empires public playtest.

Let’s hop into the details of how the week went for the blockchain gaming industry.

Alien Worlds Blockchain Game Update 1.3.0 Part 1
Gala Games Announces Playtests
Legends Reborn
Last Expedition
Grit
Epic Games New Announcement on Web3 Games
Gods Unchained New Deck of Cards
Splinterlands New Land Gameplay

Alien Worlds Blockchain Game Update 1.3.0 Part 1

First we have Alien Worlds newest update 1.3.0 which introduces gameplay enhancements and metaverse features. This update will improve players\’ experience across Syndicates, Missions, and Miscellaneous. The update includes bug fixes for Syndicates, Missions, Mining, Teleport, and Landowner\’s Allocation, which aim to enhance the game\’s stability and performance. Syndicate members can now collaborate more effectively through various enhancements, including an updated Planet Selector button and a more transparent selection process for Candidates/Custodian members. Additionally, new challenges and rewards have been added to the mission system, along with a feature that prevents login UI from showing on unsupported browsers for a smoother and more secure gaming experience.

Gala Games Announces Playtests

In gaming news, Gala Games is keeping up the pace with regular updates for released games and open playtests for games in development. This month, players can participate in playtests for Walking Dead Empires, Eternal Paradox, Legends Reborn, Grit, and Last Expedition. The Eternal Paradox playtest started on March 14th and runs for two weeks, with rewards for players who participate in four different challenges. Unfortunately, the playtest is only available on mobile, but both Android and iPhone users can access it with their Gala Games account. Players who link their Gala Wallet in-game have a chance to win up to $500 worth of Gems, the game currency.

Legends Reborn

Another new playtest for Legends Reborn starts today, March 16th, although it may be delayed. The previous playtests have run for two weeks, and the end date for this test has not been announced yet. Legends Reborn is a TCG-style game that allows players to add effect and spell cards to their deck by playing limited creatures to the board. The game is building two versions: a standard non-web3 release on Steam and a web3 version that may include NFTs and the option for players to monetize their playtime. Stay tuned for updates on the playtest through their Discord announcements channel.

Last Expedition

In another playtest, Last Expedition is launching into early access on Monday, March 20th, with Node Licenses distributed to everyone who owns a Node Bundle. Bundle owners will also receive an early access code for the latest dev build on Steam. Last Expedition is a team-based extraction game where players race to be the first to extract three fragments while battling hostile monsters and other players. The game relies on Node Operators running and hosting games, so it\’s logical for them to have a first look and try out the hosting features. For a glimpse of the gameplay, check out their recent YouTube video.

Grit

Finally, we have Grit, a western-themed FPS battle-royale game that requires a key to participate in their playtest. Signing up on their website https://grit.game/ is all it takes to get one. Grit holds playtests every Thursday, with different time slots to cater to players from all over the world. To stay updated on the latest info, check out their Discord server, which is also a great place to connect with other players.

Epic Games New Announcement on Blockchain Games

In recent news, Epic Games has issued a warning to blockchain and NFT games engaging in fraudulent activities and scams on its platform, stating that they will be removed from the Epic Games Store immediately. Despite this, Epic Games acknowledges the success of some blockchain-based games. These announcements highlight both the potential and challenges of blockchain gaming as it becomes more popular.

Gods Unchained New Deck of Cards

Gods Unchained is set to release its latest Band of the Wolf card set at the end of March. The set introduces a new crafting system and an Ally card ability, along with 38 new cards. The packs will be available for four weeks and will be limited in quantity. Band of the Wolf packs will go on sale starting March 30th, with prices ranging from $2 to $210. Early shoppers will receive discounts on packs, with the discount scaling down until $600k worth of packs have been sold. The total number of packs available is 223,500, with an additional 125,100 reserved for promotions and giveaways.

Blockchain Game Splinterlands New Land Gameplay

Splinterlands has released documentation detailing their plans for the first phase of their Land gameplay, including land surveying, card staking, and resource production. In this phase, land plots will produce Grain, SPS tokens, and research points towards the Secrets of Praetoria. Players will stake Splinterlands cards (up to 5 per plot) to work their land, generating Production Points based on the card\’s rarity, level, and set. There are also additional bonuses or penalties based on the terrain type and card affinity. Totems and Titles can also be staked to plots for further bonuses.

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Immutable X Deliberate Market Manipulation or a Possible Hack?

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A recent investigation by GA Meta shows a probable market manipulation by Immutable X for Gods Unchained, Illuvium, and Blocklords.

According to a recent investigation by popular YouTuber GA Meta or The Grand Angle Meta, something fishy and questionable is going on with Immutable X blockchain games. Either Immutable X is artificially boosting its own games to create a fake perception of success or it is suffering from a hack. Nonetheless, the investigation highlights malpractice in IMX\’s popular blockchain games when it comes to artificial exchanges. The investigation sheds light that how Immutable X might hyperinflating its collection of NFTs or trading cards. Let’s check the stats put forward by GA Meta.

Immutable X Manipulating Trading Cards Values?

Blockchain technology firm Immutable X has unveiled its latest platform that allows collections of non-fungible tokens (NFTs) to circumvent gas charges and trading volume restrictions. The platform integrates Starknet technology, which enables faster, cheaper, and more scalable transactions on the Ethereum network. As part of its research on the platform, the company analyzed the trading volumes on Immutascan.io and found that the first five games on the list were metaverse games. This development aligns with the expectations of the GAM channel, a popular gaming and tech news outlet.

According to a recent report by the GA Meta team, Gods Unchained is the clear leader in terms of trading volume on the Immutascan marketplace. However, what sets it apart is the wide margin between the top two games and the rest of the field. Cross the Ages and Illuvium are one to ten behind, while Undead Blocks is a distant one to one hundred. The report suggests that the popularity of Gods Unchained and Blocklords must be exceptional to justify such a huge difference.

Further investigation of the Gods Unchained marketplace reveals an interesting trend. The majority of cards listed are worth only a few cents, which is not surprising given the game mechanics of traditional card games. As the seasons change, old cards become obsolete and lose their value. This dynamic results in newer cards taking their place, and it explains why many of the cards on the marketplace have little value.

The Gods Unchained NFT Trading Cards Question

The decreasing value of player-held cards poses a challenge for web3 play-to-earn advocates. This undermines the principles of digital collectibles and NFTs in web3 gaming, making it a problematic issue. Merely integrating NFTs and crypto into classic game mechanics will not suffice for metaverse games. These projects require a fair and sensible financial system to remain viable.

Unlike older game models, where inflation or asset proliferation is resolved by a one-size-fits-all update, blockchain technology adds value via community, ownership, and digital scarcity. NFTs provide various benefits that enhance the long-term value of game assets. This innovative approach is what inspired Vitalik Buterin to create the Ethereum network. Therefore, it is crucial to update and innovate gaming systems for any web3/NFT-based gaming experience to thrive.

Despite expectations of massive trades for ultra-rare cards on the Gods Unchained marketplace, recent data shows only 50 trades occurring in a week. Many cards are worth only a few cents, and the total value of the trades does not exceed $100. Even with thousands of hourly trades in ETH, the volume falls short of the predicted $3 million mark. The source of this money influx remains unclear.

Blocklords performance on Immutable X and Rising Questions

The Blocklords game also shows a similar trend. Despite generating approximately $2.5 million per week, there are minimal USDC or ETH transactions on the Blocklords \”Banners\” marketplace. However, when the GA team switches to buying with IMX, the native cryptocurrency of Immutable X, the situation changes dramatically.

The team discovers that IMX transactions are prohibitively expensive on each of these gaming platforms, with some cards priced at over $400. The same items in USDC cost only a few dollars. The logic behind the prices of digital items multiplying by x200 simply by switching to a different cryptocurrency is unjustifiable.

Multiple Address Transaction on Immutable X

The GAM team investigates the Blocklord card game on Immutascan and finds multiple addresses engaging in transactions with one another using IMX currency. These addresses are believed to be automated, as they execute up to 20 trades at regular intervals. The team discovers that these addresses regularly withdraw the crypto on IMX, which provides liquidity to buy other cards on the marketplace and continue the chain. This pattern is also noticed with Gods Unchained Cards on Immutascan, where most addresses buy and resell the same assets repeatedly.

The Wash Trading Question on Immutable X

The five game collections on IMX with the lowest trading fees are Blocklords, Gods Unchained, Immortal Game, Sparkadia, and Undead Blocks, with fees of up to 0.5%. To qualify for the $21,000 daily reward on Immutable X, players must earn a high percentage of points compared to other traders, requiring a daily trading volume of at least $700,000, generating $3,500 in fees at 0.5%. However, it is unlikely that this volume is solely from IMX, as traders may have created their own marketplace or negotiated fee reductions with some of the low-fee game creators. While the $20,000 reward is profitable, it doesn\’t account for project costs or fees paid by average users. In reality, the $20,000 in IMX rewards corresponds to a maximum of $450,000 for 4.5% fees, which is what an average user pays to sell an asset on Blocklord.

The Illuvium on Immutable X Question

On March 11th, the GAM team noticed that a large part of the unusual trading volumes had shifted to Illuvium since March 9th. Illuvium had recently launched a cosmetic NFT series called Illuvitars, with initial sales being low but increasing rapidly in the following days. However, the GA Meta team found that a significant portion of the traffic driving these sales might be artificial. Upon investigation, they discovered that around 90% of the activity on Illuvium might be artificial, with a pattern of addresses responding to each other and conducting thousands of transactions at standardized prices in a short amount of time, indicating a well-defined entity is driving these volumes.

A collection that previously had sale volumes under $50,000 saw a sudden surge in sales to over $1 million on Thursday, Friday, and Saturday, leading to suspicions of artificial traffic. Upon analysis of the block explorer, the GA Meta team found that 90% of the traffic was indeed artificial, with similar addresses answering each other in a pattern. Additionally, while the volumes of other games like Gods Unchained and Blocklords decreased, the volumes on Immutable X\’s Illuvium collection increased, suggesting the involvement of a well-defined entity driving the volumes.

In addition, it\’s worth noting that Illuvium is now the only game left on the list of projects that offer IMX rewards based on trade volumes. The continued use of these practices could lead to the perception that the marketplace volumes are being manipulated, making it crucial for the Immutable X platform to take action to prevent such practices.

You can check the detailed investigation here.

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NFT Rebranding? Web3 Gaming Community CEO\’s Candid Take

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NFT rebranding is necessary for mass adoption of Web3 games, Community Gaming CEO Chris Gonsalves shares his thoughts on the matter.

The adoption of Web3 games has yet to reach a broader audience beyond the cryptocurrency community. Despite the introduction of digital assets like non-fungible tokens (NFTs), these games have faced strong opposition from gamers who perceive them as a ploy to exploit players through small but frequent transactions. To address this, Community Gaming, a Web3 esports platform, has partnered with Game7, a decentralized autonomous organization (DAO) focused on Web3 gaming, to launch the 3XP Gaming Expo. The event aims to promote the benefits of digital assets in gaming and change the negative perception surrounding NFTs.

Community Gaming Partners with Game7 for NFT Web3 Rebranding

In an interview with Decrypt at ETH Denver, Chris Gonsalves, CEO of Community Gaming, acknowledged the negative branding surrounding NFTs. He also suggested that game developers should refer to them as \”digital assets,\” \”digital collectibles,\” or \”legendary skins.\” Gonsalves argued that gamers are accustomed to purchasing skins and other in-game items, so they could embrace digital assets with a more positive outlook.

The 3XP Gaming Expo will take place in Los Angeles on June 8-9, ahead of the Electronic Entertainment Expo (E3) from June 13-16. The event will feature various discussions and exhibits showcasing the potential of digital assets in gaming. Additionally, the expo will provide a platform for game developers to showcase their blockchain-based games and other Web3 gaming products.

Through this collaboration, Community Gaming and Game7 hope to increase awareness and adoption of digital assets and Web3 gaming. As the gaming industry continues to evolve and embrace blockchain technology, events like the 3XP Gaming Expo could serve as catalysts for innovation and growth in this exciting new space.

The Challenge of NFT Mass Adoption in Gaming

According to Gonsalves, the slow uptake of Web3 games is attributable to low-quality experiences offered by some games and the prevalence of scams that have tarnished the industry\’s reputation. \”Let\’s be real,\” Gonsalves said. \”A lot of these games were not good, and they made promises they could not keep. We also had the profile picture craze, which created confusion. And gamers mistakenly believed that NFTs were only expensive animal art.\”

To rebuild trust in the industry and encourage more players to embrace blockchain-based gaming experiences, the gaming community must address these challenges. By partnering with the 3XP Gaming Expo, Community Gaming hopes to highlight the potential of digital assets in gaming and showcase some of the promising new Web3 games currently in development.

The Future of Web3 NFT Games

Chris Gonsalves believes that the future of Web3 gaming is bright, thanks in part to the entry of traditional game studio veterans into the space. Major publishers such as Activision Blizzard and Riot Games are creating Web3 games that prioritize gameplay over the hype around blockchain technology and tokenomics.

Gonsalves said that these game developers have the experience and expertise needed to create engaging games that can compete with popular titles like Call of Duty, Hearthstone, and Valorant. Unlike some previous Web3 games, which failed to meet gamers\’ expectations, these new titles are designed to provide a high-quality experience.

\”They know what it takes to build a game,\” Gonsalves said. \”They know how long it takes, and so they\’re not calling them NFTs and they\’re not leading with \’rah rah blockchain\’ and tokenomics.\”

The Future of Web3 NFT Games

As the gaming industry continues to evolve and explore the possibilities of Web3 technology, events like the 3XP Gaming Expo could prove instrumental in driving innovation and adoption. With the support of influential companies and industry players, Web3 gaming could soon become a mainstream phenomenon.

Chris Gonsalves, CEO of Community Gaming, believes that the future of Web3 gaming is bright, thanks in part to the entry of traditional game studio veterans into the space. According to Gonsalves, major publishers such as Activision Blizzard and Riot Games are creating Web3 games. These top gaming companies prioritize gameplay over the hype around blockchain technology and tokenomics.

\"NFT — NFT Rebranding Web3 Gaming Community CEO Candid Take

As the Web3 gaming industry continues to grow and mature, the entry of established game studios could help to bridge the gap between traditional gaming and blockchain-based gaming experiences. With a focus on fun and engaging gameplay, Web3 games could soon become a mainstream phenomenon embraced by gamers worldwide.

Conclusion

Web3 gaming has been facing challenges, including criticism from gamers, scams, and poor gameplay. Non-fungible tokens (NFTs) have received a lot of backlash and negativity. As a result, there have been calls for NFT rebranding to change the negative perception of digital assets in gaming.

Chris Gonsalves, CEO of Community Gaming, suggests that referring to NFTs as \”digital assets,\” \”digital collectibles,\” or \”legendary skins\” could help to change gamers\’ perception of them. He believes that the future of Web3 gaming is bright, thanks in part to traditional game studio veterans entering the space. Major publishers such as Activision Blizzard and Riot Games are creating Web3 games, and they prioritize gameplay over the hype around blockchain technology and tokenomics.

Web3 gaming could soon become a mainstream phenomenon with the support of influential companies and industry players. Events like the 3XP Gaming Expo, which aims to promote the benefits of digital assets in gaming and change the negative perception surrounding NFTs, could serve as catalysts for innovation and growth in this exciting new space. As the gaming industry continues to evolve and explore the possibilities of Web3 technology, the future looks promising for blockchain-based gaming experiences.

The Growing Popularity of NFT Gaming and Its Impact on the Web3 Industry

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Discover the impact of NFT gaming on the Web3 industry. Learn how it\’s transforming the gaming world and paving the way for a new era of digital asset ownership.

NFTs, or non-fungible tokens, have been making waves in the digital world, particularly in the gaming industry. As more game developers and enthusiasts recognize the potential of NFT gaming, the Web3 industry is poised for growth and adoption. In this article, we will delve into the impact of NFT gaming on the Web3 industry and explore the reasons behind its growing popularity.

NFT Games and Web3: The Perfect Match?

NFT games are a natural fit for the Web3 industry, which seeks to bring decentralization and transparency to various sectors. NFTs, as unique digital assets, can be bought, sold, and traded on the blockchain, making them ideal for use in gaming. With NFTs, gamers can own unique in-game items, skins, and other collectibles that they can trade with other players, creating a new economy within the game.

NFT Gaming: A New Revenue Stream for Game Developers

Game developers can benefit greatly from the growing popularity of NFT gaming. By incorporating NFTs into their games, they can create a new revenue stream and offer players a new level of engagement. With NFTs, game developers can create limited edition items and exclusive content that can only be obtained through purchase or gameplay.

The Importance of Quality in NFT Gaming

The success of NFT gaming depends largely on the quality of the games and the in-game items. Low-quality experiences and scams have hindered the uptake of Web3 games in the past, and it is crucial for developers to focus on creating engaging and immersive games that can compete with popular titles like Call of Duty and Fortnite.

NFT Gaming and the Entry of Traditional Game Studios

The entry of traditional game studios into the NFT gaming space is a significant development. Major publishers like Activision Blizzard and Riot Games are creating Web3 games that prioritize gameplay over the hype around blockchain technology and tokenomics. By leveraging their experience and expertise, these game developers can create engaging games that meet gamers\’ expectations.

\"NFT — mobile gaming, blockchain games, NFTs, Web3, play and own

NFT Gaming: A Catalyst for Innovation and Growth

The growing popularity of NFT gaming is a catalyst for innovation and growth in the Web3 industry. The 3XP Gaming Expo, launched by Community Gaming and Game7, aims to promote the benefits of digital assets in gaming and change the negative perception surrounding NFTs. By showcasing the potential of digital assets in gaming and providing a platform for game developers to showcase their blockchain-based games and other Web3 gaming products, events like the 3XP Gaming Expo could serve as catalysts for innovation and growth in this exciting new space.

Conclusion

In conclusion, NFT gaming is a growing trend in the gaming industry that has the potential to revolutionize the Web3 industry. With NFTs, gamers can own unique in-game items and create a new economy within the game. Game developers can benefit from the growing popularity of NFT gaming by creating a new revenue stream and offering players a new level of engagement. The success of NFT gaming depends on the quality of the games and the in-game items, as well as the entry of traditional game studios into the NFT gaming space. Events like the 3XP Gaming Expo can serve as catalysts for innovation and growth in the Web3 industry.

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Exploring the World of Crypto Gaming: Benefits, Top Games, and Future Outlook

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Discover the world of crypto gaming in this comprehensive guide. Learn about play-to-earn and NFT games, how to buy and start playing, and how crypto games make money.

Cryptocurrency has revolutionized the way we view financial transactions, and now it\’s changing the face of gaming. Crypto gaming combines the excitement of gaming with the security and transparency of cryptocurrency. It\’s a relatively new concept, but one that is gaining popularity quickly. In this article, we\’ll take a deep dive into the world of crypto gaming, exploring its history, advantages, and potential future. Whether you\’re a seasoned gamer or new to the world of cryptocurrency, read on to discover the benefits, top games, and future outlook of this exciting and innovative industry.

Introduction

Cryptocurrency and blockchain technology have been transforming industries for years, and the gaming industry is no exception. Crypto gaming is the fusion of cryptocurrency and gaming, where players can use digital currencies like Bitcoin, Ethereum, or others to play games and make in-game transactions. This innovative concept is gaining popularity as more gamers seek new ways to play games and earn rewards.

The history of crypto gaming can be traced back to the early 2010s when Bitcoin was first introduced. Since then, numerous games have integrated cryptocurrencies, creating a new genre of gaming that is growing in popularity. Cryptocurrencies offer advantages like decentralization, transparency, and security that traditional currencies can\’t match, making them an ideal fit for gaming.

The importance of crypto gaming in the gaming industry lies in its potential to create a more decentralized and equitable gaming experience. By using cryptocurrencies, game developers can create a fairer and more transparent environment for gamers, reducing the potential for cheating, hacking, or fraud. Additionally, crypto gaming offers new opportunities for players to earn rewards through play-to-earn games and NFTs. As the gaming industry continues to evolve, crypto gaming is poised to be an important part of its future.

What is Crypto Gaming?

Crypto gaming is a new and exciting genre of gaming that uses cryptocurrencies to facilitate in-game transactions. In a crypto game, players can use digital currencies to buy, sell, and trade in-game items like weapons, skins, or other virtual assets. These transactions are facilitated using blockchain technology, which provides an unalterable record of all transactions and ensures a secure and transparent gaming environment.

One of the main advantages of using cryptocurrencies in gaming is the level of decentralization it provides. Cryptocurrencies are not controlled by a central authority or government, which means that no single entity has control over the transactions. This level of decentralization reduces the potential for cheating, hacking, or fraud, which can be a problem in traditional gaming environments.
There are several popular crypto games that are gaining traction in the gaming community. Some of the most popular crypto games include Axie Infinity, The Sandbox, Gods Unchained, and Splinterlands. These games offer players unique gameplay experiences that are not available in traditional games, like the ability to earn real-world rewards through play-to-earn games.

Play-to-Earn Crypto Games

Play-to-earn (P2E) games are a type of crypto game that allows players to earn real-world rewards by playing the game. In a P2E game, players can earn cryptocurrencies or other rewards by completing tasks or achieving certain milestones within the game. This creates a new way for players to earn money while playing their favorite games, which has the potential to change the gaming industry as we know it.

One of the most popular P2E games is Axie Infinity, a blockchain-based game where players can breed, raise, and battle creatures called Axies. Players can earn the game\’s native cryptocurrency, Axie Infinity Shards (AXS), and Non-Fungible Tokens (NFTs) by participating in battles and tournaments. This has created a new market for NFTs, where players can sell and trade their digital assets for real-world currency.

NFT Gaming

NFT gaming is a type of crypto game that uses non-fungible tokens (NFTs) to represent in-game assets like characters, weapons, and other virtual items. NFTs are unique digital assets that are stored on a blockchain, making them unalterable and unique. This creates a new way for players to buy, sell, and trade in-game assets, which can have real-world value.

Some of the most popular NFT games include CryptoKitties, Axie Infinity, and The Sandbox. In these games, players can buy, sell, and trade unique digital assets using cryptocurrencies like Ethereum. The value of these assets is determined by supply and demand, creating a new market for virtual assets.

How to Buy Crypto for Gaming?

To buy cryptocurrencies for gaming, players need to create a digital wallet that can hold their preferred cryptocurrency. There are several popular cryptocurrency exchanges that players can use to buy and sell digital currencies, like Coinbase, Binance, or Kraken.

Once a player has set up their digital wallet and chosen their preferred cryptocurrency, they can buy the cryptocurrency using a credit card, bank transfer, or other payment methods. After the transaction is complete, the cryptocurrency is deposited into the player\’s digital wallet, and they can use it to play crypto games or make in-game transactions.

How to Start Playing Crypto Games?

To start playing crypto games, players need to create a digital wallet that can hold their preferred cryptocurrency. They can then choose a crypto game that they want to play and register for an account. After registering, players can buy, sell, and trade in-game assets using their digital currency.

There are several popular crypto game platforms that players can use to find new games and connect with other players.

One of the most significant benefits of using crypto in gaming is that it provides gamers with greater control over their assets. Unlike traditional games where in-game items and currencies are owned and controlled by the game developer, crypto games are built on blockchain technology, which enables players to own their assets and manage them independently.

Furthermore, the use of crypto in gaming has opened up new opportunities for players to earn money while playing. Play-to-Earn (P2E) games, for instance, allow players to earn cryptocurrencies by participating in the game\’s economy and contributing to its growth.

Play-to-Earn Crypto Games

P2E games are a relatively new concept in the gaming industry that has gained a lot of attention in recent years. In P2E games, players are rewarded with cryptocurrency for completing in-game tasks or contributing to the game\’s economy. This new model of gaming has created a paradigm shift in the gaming industry, where gamers can now earn money while playing their favorite games.

How P2E games work

P2E games work by creating a digital economy within the game, where players can earn, trade, and spend cryptocurrencies. Players are rewarded with cryptocurrency for completing tasks such as completing quests, participating in battles, or contributing to the game\’s economy. The more a player contributes to the game, the more cryptocurrency they can earn.

Benefits of playing P2E games

One of the most significant benefits of playing P2E games is the potential to earn money while playing. P2E games have created a new way for players to monetize their time spent gaming. Additionally, P2E games create a sense of ownership and control over in-game assets, as players can directly manage and trade their cryptocurrency earnings.

NFT Gaming

Non-Fungible Tokens (NFTs) have recently become a popular trend in the world of crypto gaming. NFTs are unique digital assets that are verified on a blockchain, making them impossible to replicate or counterfeit. NFTs have created a new way for game developers to monetize their games and for players to own unique in-game items.

Explanation of NFT gaming

NFT gaming involves the use of NFTs to create unique in-game items that can be owned and traded by players. These items can range from weapons and armor to unique character skins or even entire game assets. The use of NFTs creates a sense of ownership and rarity around these in-game items, as they are unique and verified on a blockchain.

Benefits of NFT gamingOne of the primary benefits of NFT gaming is the creation of unique and rare in-game items. NFTs enable game developers to create a new revenue stream by selling unique in-game items directly to players. Additionally, NFTs give players a sense of ownership and control over their in-game assets.

\"Buying — Buying Crypto for Games – Play-to-Earn

Examples of popular NFT games

Some popular NFT games include Axie Infinity, Decentraland, and The Sandbox. These games use NFTs to create unique in-game assets and economies, enabling players to own and trade their in-game items.

How to Buy Crypto for Gaming

For players looking to get into crypto gaming, the first step is to purchase cryptocurrency. There are many popular cryptocurrency exchanges that players can use to buy and sell cryptocurrencies.

Explanation of how to purchase cryptocurrencies for gaming

To purchase cryptocurrency, players must first set up an account with a cryptocurrency exchange. Once their account is set up, players can then purchase cryptocurrency using a bank transfer or credit card. Once purchased, the cryptocurrency can be transferred to a digital wallet, where it can be used for gaming.

Examples of popular cryptocurrency exchanges

Some popular cryptocurrency exchanges include Coinbase, Binance, and Kraken.

How to Start Playing Crypto Games

Getting started

Non-fungible tokens, or NFTs, have taken the world by storm in recent years, and the gaming industry is no exception. NFT gaming involves the use of these digital assets in games, allowing players to collect, trade, and own unique in-game items.
NFT gaming has revolutionized the way players think about in-game items. Unlike traditional games where items can be easily duplicated, NFTs are unique and have proof of ownership on the blockchain. This means that players can truly own their in-game items and can even sell them for real money.

Some popular NFT games include Axie Infinity, Decentraland, and Gods Unchained. These games have gained massive followings and have even generated millions of dollars in revenue.

Benefits of NFT gaming include increased player engagement and ownership of in-game assets. The use of blockchain technology ensures that items cannot be duplicated or stolen, creating a sense of security for players.

How to Buy Crypto for Gaming

If you\’re interested in getting started with crypto gaming, you\’ll need to purchase some cryptocurrency. Here are some steps to help you get started:

Choose a cryptocurrency exchange – There are many exchanges available to purchase cryptocurrency, including Coinbase, Binance, and Kraken.
Create an account – Once you\’ve chosen an exchange, create an account and verify your identity.

Add funds – You\’ll need to add funds to your account to purchase cryptocurrency. Most exchanges accept bank transfers, credit cards, or debit cards.
Purchase cryptocurrency – Once you\’ve added funds, you can purchase cryptocurrency like Bitcoin, Ethereum, or others.

Transfer to a crypto game platform – After you\’ve purchased your cryptocurrency, you\’ll need to transfer it to a crypto game platform like Axie Infinity or Decentraland.

How to Start Playing Crypto Games

Once you\’ve purchased your cryptocurrency and transferred it to a game platform, you\’re ready to start playing crypto games. Here are some steps to help you get started:

Choose a game – There are many crypto games available, so choose one that interests you and fits your skill level.

create an account – Most crypto game platforms require you to create an account to start playing.

Fund your account – Some games require you to fund your account with cryptocurrency to start playing.

Start playing – Once your account is set up and funded, you can start playing the game and earning cryptocurrency.

Making Money with Crypto Games

One of the biggest draws of crypto games is the ability to earn money while playing. There are several ways to make money with crypto games, including:

Play-to-Earn (P2E) – As mentioned earlier, P2E games allow players to earn cryptocurrency by playing the game. The more you play, the more you can earn.
Trading – Some games allow players to trade in-game items or NFTs for real money. This is a great way to earn money if you have rare or valuable items.
Tournaments and Competitions – Many crypto games offer tournaments and competitions with cash prizes. If you\’re skilled at the game, you could win big.
Investments – Some players invest in cryptocurrency or NFTs with the hopes of making a profit.

Is Crypto Gaming Free?

While some crypto games are free to play, others require players to purchase cryptocurrency or in-game items to get started. Additionally, some games may have in-game purchases or fees to access certain features.
It\’s important to do your research and understand the costs that come with a game before you start. However, many players find that the potential earnings from playing crypto games outweigh the initial cost

NFT Gaming

In recent years, NFT (non-fungible token) gaming has emerged as a popular subset of crypto gaming. NFTs are unique digital assets that are stored on the blockchain and cannot be replicated, making them valuable and collectible. In NFT gaming, these tokens can represent in-game items, characters, and even entire game worlds.

One benefit of NFT gaming is that players have true ownership of their in-game assets, which they can buy, sell, and trade just like physical collectibles. This creates a new level of immersion and investment in the gaming experience.

Popular NFT games include Axie Infinity, a Pokémon-inspired game where players can battle and collect creatures, and The Sandbox, a virtual world where players can build and monetize their creations.

How to Buy Crypto for Gaming?

To start playing crypto games, you will need to purchase some cryptocurrency. There are several popular exchanges where you can buy crypto with fiat currency, such as Coinbase, Binance, and Kraken.

After creating an account on an exchange, you can purchase popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. These will help players buy in-game items, participate in play-to-earn games, and trade on crypto game platforms.

How to Start Playing Crypto Games

Once you have purchased some cryptocurrency, you can start playing crypto games. There are several platforms for hosting a variety of crypto games, such as Gala Games, Enjin, and Immutable X.

To being, create an account on a crypto game platform and link your crypto wallet to the platform. You can then browse and choose from a variety of games, purchase in-game items, and start playing.

Making Money with Crypto Games

One of the most exciting aspects of crypto gaming is the ability to make money while playing. Play-to-earn games offer a unique opportunity to earn cryptocurrency by completing in-game tasks or challenges. NFT gaming also allows players to own and sell valuable in-game assets.

Crypto games can also generate revenue for game developers through the sale of in-game items and through transaction fees on their platforms. Some games also use a profit-sharing model where players can earn a portion of the game\’s revenue.

Is Crypto Gaming Free?

While many crypto games offer free-to-play options, some games require an initial investment of cryptocurrency to start playing. In addition, many games offer in-game purchases of items and upgrades that can enhance the gaming experience.

It is important to do research and carefully consider the costs and benefits of each game before investing in cryptocurrency and playing.

Future of Crypto Gaming

The future of crypto gaming is bright, with many experts predicting significant growth in the industry. As blockchain technology becomes more widely adopted, it is likely that more games will incorporate cryptocurrencies and NFTs.

Advancements in virtual reality and augmented reality technology may also lead to new and innovative crypto gaming experiences.

Crypto Gaming Conclusion

Crypto gaming offers a new and exciting way to play games and earn money. With the ability to truly own in-game assets and participate in play-to-earn games, crypto gaming has the potential to revolutionize the gaming industry.

If you are interested in exploring the world of crypto gaming, start by purchasing some cryptocurrency and creating an account on a crypto game platform. With a growing number of games and platforms to choose from, there has never been a better time to get started.

Play to Earn Gaming News

Epic Games New Announcement Regarding Blockchain Games with “Bad Behaviour”

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Epic Games\’ new announcement sternly warns blockchain and NFT games engaged in frauds and scams on its platform, these Web3 games will be kicked out of the Epic Games Store with immediate effect.

Despite some negativity, some of the blockchain NFT games are doing pretty well, says Epic Games.

Epic Games has recently made headlines with two announcements related to the growing trend of blockchain-based Web3 gaming. On one hand, the company has expressed enthusiasm for the success of some of the crypto games available in its online store. On the other hand, Epic Games has also stated that it will initiate a crackdown on blockchain games with \”bad behavior.\” Blockchain games that engage in fraudulent activities or scamming players. These two statements highlight the potential of blockchain-based gaming as well as the challenges that come with its increasing popularity.

Epic Games Store Houses Blockchain and NFT Games

First, let\’s take a look at Epic Games\’ positive stance toward blockchain-based gaming. The company has been experimenting with blockchain technology and cryptocurrency for some time. It has recently expanded its offerings to include a variety of games that incorporate blockchain-based assets and cryptocurrencies. These games have shown promising results, with Epic Games stating that some of them have done \”pretty well\” in terms of sales and player engagement.

This success has a number of factors behind it. One of the main advantages of blockchain-based gaming is the ability to create unique and valuable in-game assets that players can buy and sell. These digital assets are tradable on blockchain-based marketplaces. This opens up new revenue streams for game developers, as well as provides players with a sense of ownership and investment in the games they play. Furthermore, blockchain-based gaming also offers increased transparency and security, which can be particularly attractive to players who are concerned about fraud and cheating in traditional online gaming environments.

Tim Sweeney Embraces Web3

Epic Games founder Tim Sweeney has a different perspective on the issue of blockchain gaming and its reception by other online marketplaces.

While some marketplaces, such as Steam, have been hesitant to embrace crypto games, Sweeney argues that this is not because they believe \”crypto\” is inherently bad. Instead, he suggests that these marketplaces are primarily concerned with collecting their 30% fees. Moreover, they are willing to block any games that don\’t comply with their policies. Sweeney also pointed out that these marketplaces continue to distribute \”bad stuff.\” While Epic Games is taking a stand against fraudulent activities and bad behavior in blockchain gaming.

Epic Games Store Warning for Blockchain “Bad Boys”

However, Epic Games\’ positive stance towards blockchain-based gaming adds another to the chapter. Its recent announcement that it will initiate a crackdown on games having \”bad behavior.\” The bad behavior here points towards those blockchain games and developers that might engage in fraudulent activities. This move comes as the popularity of blockchain-based gaming has led to an increase in fraudulent activities, including scams, phishing attempts, and other forms of fraud. Epic Games has stated that any games found to be engaging in these activities will see the exit door immediately.

While this crackdown may be seen as a necessary step to protect players, it also highlights the challenges that come with the growth of blockchain-based gaming. Because blockchain-based games operate on decentralized networks, it becomes difficult to regulate and police them in the same way that traditional online games are regulated. This can make it easier for fraudulent actors to operate and scam unsuspecting players.

Epic Games is Aware of Challenges in Web3

According to Axios, Epic Games Store GM Steve Allison has stated that Epic Games is aware of the controversies and negative reputation that often surround cryptocurrency ventures. Additionally, it will take swift action to shut down any fraudulent activities or bad behavior in blockchain gaming. Allison also expressed uncertainty about whether their limited support of blockchain gaming will generate significant revenues. A clearer picture is expected to emerge over the next year as more blockchain-based games are released. Currently, there are only five such titles on the Epic Games Store, almost 20 more will launch by early 2024.

Epic Games\’ statements highlight both the potential and challenges of blockchain-based gaming. On one hand, blockchain-based gaming offers a number of benefits. These include unique and valuable in-game assets, increased transparency and security, and new revenue streams for developers. On the other hand, the decentralized nature of blockchain-based games can make them more difficult to regulate. Moreover, policing fraudulent activities is also not present. Consequently, it can harm players and damage the reputation of the blockchain gaming industry as a whole.

In short, Epic Games\’ recent statements regarding blockchain-based gaming highlight both the potential and challenges of this emerging industry. While blockchain-based gaming offers a number of exciting opportunities, it is important to address the challenges. There are numerous challenges of fraud and other forms of bad behavior in the crypto sector. These challenges need catering in order to create a safe and sustainable ecosystem for players and developers alike. By working together to address these challenges, we can unlock the full potential of blockchain-based gaming. Moreover, to pave the way for a more innovative and exciting future in gaming.

Play to Earn Gaming News

Amazon Plans to Launch its NFT Marketplace: What to Expect?

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Amazon plans to launch its NFT marketplace next month which will feature digital collectibles and more, but what to expect from it in Web3?

Amazon made headlines earlier when it announced to launch of its digital collectibles marketplace. Its digital collectibles or NFT marketplace will integrate with physical goods. However, the mantra will remain the same delivering it to customers\’ doorstep. So, what do we expect from Amazon entering the Web3 industry and launching its own NFT marketplace? So, far we have news that it will showcase 15 NFT collections for sale exclusively for US customers. However, it plans to expand its NFT marketplace features throughout the world. So, Web3 and NFT enthusiasts will have the opportunity to buy Amazon digital collectibles by using their Amazon accounts via debit or credit cards.

Amazon brings ease of access and lowers the entry barrier for its customers by making NFT purchases a lot easier. It will achieve it by providing transactions without the requirement of digital wallets or crypto wallets such as Metamask. This means that customers shall buy NFTs without using cryptocurrencies like Ethereum ETH.

Furthermore, the NFT word is already got quite a beating in the market. Amazon might change the language for its marketplace. The change in language might play a positive role in making it go mainstream. So, we can expect the name to be either Amazon NFT marketplace or Amazon Digital Marketplace, or Amazon Digital Collectible Store. Besides, it was reported earlier by the Big Whale about its name approaches and what it might use.

Amazon Enters Web3 Plans to Launch Digital Collectibles Marketplace

Amazon is gearing up for a major milestone in the world of e-commerce. The tech giant is set to launch its highly anticipated NFT platform after months of development and some delays. Our sources indicate that the platform will go live on April 24th. This platform, first reported by Blockworks in January, will be accessible through a dedicated tab on Amazon\’s Digital Marketplace. Initially, the platform will only be available in the United States, but Amazon plans to gradually expand access to users worldwide, including Europe.

According to recent reports, Amazon is set to offer a unique shopping experience to its customers by introducing fashion-oriented NFTs. These will integrate with physical clothing, including jeans, trainers, and sweatshirts. Upon purchase, Amazon will deliver the NFTs to the customer\’s NFT accounts. As for the physical stuff, Amazon will deliver them to their doorstep.

Nike, a company that has been leading the way in linking NFTs to physical products, acquired virtual assets company RTFKT last year and integrated it into their \”Nike Virtual Studio\” to offer a series of Nike-branded NFTs. One example of this is Nike\’s Dunk Genesis CryptoKicks NFT range, which is linked to the retailer\’s real-world Dunk sneakers. With Amazon\’s upcoming NFT platform, shoppers can look forward to a similar innovative shopping experience.

Amazon NFT Marketplace Development So Far

Amazon, the multinational tech and online retail company founded by Jeff Bezos, is continuing to make strides in incorporating Web3 features into its platforms. In January of this year, a Blockworks report suggested that Amazon will launch a digital assets enterprise involving NFTs. Sources familiar with the matter said that the Amazon NFT initiative will enter the industry and ensure its availability to consumers worldwide in the spring.

Furthermore, in the same month, Amazon Web Services (AWS) announced a partnership with web3 firm Ava Labs to accelerate the adoption of blockchain technology. These steps by Amazon demonstrate the company\’s commitment to embracing the Web3 ecosystem and integrating blockchain and NFTs into their business model.

The Ups and Downs in NFTs

The launch of Amazon\’s digital collectible services faced delays following the collapse of the Bahamian cryptocurrency exchange FTX in November 2022. The collapse of FTX had a significant impact on the reputation of the entire crypto ecosystem, leading to a decrease in interest from web2 firms and retailers in launching NFT marketplaces.

However, the interest in NFTs among consumers has been gradually gaining momentum. Data from DappRadar suggests that the market for digital collectibles has been showing signs of recovery since the beginning of 2023. A recent report from DappRadar revealed that NFT trading volume reached $946 million in January, up 38% from December 2022.

Companies such as Gucci, Nike, and McDonald\’s are among those developing digital collectibles. They plan to use it as a promotional strategy to boost interest in their offerings. Gucci, for instance, is running its own NFT-based metaverse event in The Sandbox. The fashion label has created the first significant virtual environment on the metaverse platform that incorporates the brand\’s NFTs, called \’Gucci Vault Land\’. These developments indicate that the NFT market is gaining momentum once again, despite earlier setbacks.

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Pokémon Enters Blockchain Gaming: Searches Web3 Expert

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The Pokemon Company is looking for a Web3 expert. The listing shows that it has plans to get into blockchain and NFT gaming, as well as the metaverse.

Blockchain developers make assumptions as The Pokémon Company is hiring a Web3 gaming expert. A recently posted web3 job listing amazed the game developers as the Pokémon Company is looking for someone who will explore technological discoveries and offer strategic advice to the company\’s leadership. Also, the company is seeking someone with established connections in the Web3 community. This news predicts the entry of Pokémon Company into the web3 gaming world. However, there is still no proper evidence or official declaration initiated by the company itself.

The Pokémon Company was founded in Tokyo in 1998. Nintendo, Game Freak, and Creatures, which were each their own business, started it off as The Pokémon Center Corporation. Each game is made by Game Freak, which then gives the finished product to Nintendo so that it can be sold all over the world. It changed its name to The Pokémon Company in the year 2000. The company has made a popular kids\’ TV show, more than a dozen animated movies, a trading card game, a line of merchandise, and a number of games that are hard to put down.

The Pokemon Company Embracing Web3?

Game developers and businesses are making guesses about what will happen when Pokémon joins the blockchain. The Pokémon Company hasn\’t started selling on web3 yet. But we\’ve already seen other developers work hard to bring the genre into the blockchain gaming world. But they have also had some big failures along the way. A recent job posting, on the other hand, suggests that things might be about to change.

In the job description, it says that the company is especially looking for someone who knows a lot about web3 games, such as blockchain platforms and NFTs, and is very good at them. But it needs applicants who are \”well connected to a network of venture capitalists and entrepreneurs in the technology fields mentioned.\” This means that they want someone who already knows a lot about the field.

When it comes to Web3, the listing doesn\’t make it clear what The Pokémon Company might do, whether it\’s with NFTs or a blockchain-based game. People were even asked to contact the company with their thoughts on possible Web3 goals. They did not get an answer right away, though.

Pokemon NFT Game in Web3?

In general, the listing looks like it\’s for a job that will help a 24-year-old business be more innovative. People generally agree that this business is the most valuable entertainment brand in the world. The Corporate Development Principal will make a \”innovation challenge\” for people inside the company. It will also look into the possibility of working on new technology with companies from outside the government.

The Pokemon brand has been around for a long time and has led to a wide range of video games, media, and products, like toys, clothing, TV shows, movies, mobile games, and tie-ins. The Pokémon Company is the company that they all work for. Even outside of Japan, Nintendo sells all of the Pokémon video games for consoles, but it does not own the company itself. The Pokémon idea of collecting monsters could work well for NFT games or even unique digital products.

The Pokemon NFTs in Web3 Games Case: Pixelmon

Pixelmon made a whopping $70 million in NFT sales at the beginning of 2022. However, the artwork came under severe criticism and trolling. Even the founder of the artwork came to terms that it was a horrible mistake.

Syber, who started the project, said that the release was \”unacceptable,\” but he insisted that work will continue on it. NFTs are unique blockchain tokens that make it possible to find out who owns a digital asset. In Pixelmon, each NFT shows that the player owns an in-game asset. Syber said over the weekend that the NFTs that were made did not really represent how the in-game assets looked. He said he was sorry and told the OpenSea NFT about \”a horrible mistake\” on Discord.

In another tweet, he said, \”The plan was always to use the money from mint to make better and more accurate models.\” He also says that the NFTs \”can be changed, and we know that what they look like now isn\’t very good. They will be made better.\” He also said that the money raised would be used to make Pixelmon.

In September of last year, a new management team took over the project to try to save it. It came out with new artwork and a new timeline.

\"The — The Pokemon Company is on the outlook for a Web3 expert, the listing shows plans where it might enter the blockchain and NFT gaming or metaverse.

Nintendo\’s Outlook on the Metaverse and Web3

In February of last year, Nintendo President Shuntaro Furukawa said, \”The idea of the metaverse—a more dynamic and immersive form of the internet used for gaming, social connections, business, and more—seems to have \”huge promise\” for the game industry.\” He stressed that Nintendo is not in a hurry to make games for the metaverse. In the meantime, Niantic, the company that made the popular mobile game Pokémon Go, is putting money into augmented reality games that take place in the \”real world.\”

Other companies may benefit from the framework Niantic puts at the offering for NFT experiences. An example is the music metaverse game Elynixr by Pixelynx. The firm has a popular electronic music creator behind it, Deadmau5.

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Square Enix will Launch its Blockchain Games Next Year

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Next year, Square Enix will release its first NFT blockchain game. Plans for the future show that Web3 games will still be on its list.

Square Enix\’s plan for NFTs and blockchain technology is not clear, but it looks like this idea will be useful for the foreseeable future.

Square Enix\’s recent Outline of Financial Results Briefing indicates that the company will continue its web3 plans. The intention was evident in the statement made by its current CEO and president, Yosuke Matsuda. He was answering a question during the Financial Results Briefing, back on February 3rd, 2023.

Matsuda Shares Square Enix NFT Games Plans

Square Enix CEO Yosuke Matsuda says that the company\’s new blockchain games will come out in the fiscal year 2023/24. But this news comes after the company\’s latest album, Forspoken, did not do as well as expected. The number of sales of the game was called \”lackluster.\” Even with this setback, Square Enix is still optimistic about how well its blockchain games could do.

A reporter asked Matsuda about the company\’s growth plans for FY2024/25 during a Q&A session. Matsuda says that the big titles don\’t just come out during the fiscal year. He also added that the company has its release schedule in a way that includes a variety of new titles in FY2025/3 and beyond. Matsuda also says he hopes people will be excited about the blockchain games Square Enix plans to release in FY2024/25 and later.

Previous Popular Game Developers Attempt at Web3 Gaming

Several game companies, like Ubisoft, have tried out NFTs and blockchain technology in the past. With the announcement of Ubisoft Quartz in early 2022, Ubisoft\’s move into this area was one of the most well-known examples of a publisher looking into NFT technology. But the project lost steam after the first NFT game, Ghost Recon Breakpoint, came out.

But Square Enix\’s plan for its non-fungible tokens (NFTs) and blockchain technology is still not clear. No matter what happens, this idea is definitely here to stay in its long-term plans.

Dr. Disrespect, a popular streamer, recently called people who don\’t like NFTs \”brain-dead headline followers\” who don\’t see the potential of blockchain technology. Dr. Disrespect is currently making a game called Deaddrop that has to do with NFT.

Matsuda\’s answer started off well when he said Square Enix has a lot of new games coming out in the next few years. But his comment that the company plans to release blockchain games in the future is likely to be met with resistance from gamers. When blockchain gaming has been tried before, it has been met with hostility. So, if Square Enix goes ahead with this plan, it could lead to more questions about the future of the company.

Even though some gamers don\’t like the \”play to win\” business model, Square Enix is still getting into this market. Yosuke Matsuda said that Square Enix has a strong lineup of new games planned for FY2025/3 and beyond, which will help the company keep growing after the release of highly anticipated games like Final Fantasy XVI and the possible release of Final Fantasy VII Rebirth in FY2024/25. But he also said that the company planned to release blockchain games in FY2024/25 and later, and he hoped that people would be interested in them.

Matsuda, the New CEO and the Challenges ahead

Yosuke Matsuda has been the CEO of Square Enix for 10 years and has been promoting NFTs and blockchain technology for the past couple of years. He is now set to be replaced by Takashi Kiryu pending shareholder approval in June. The company says that the organizational changes are needed to try to come up with more new technologies. Kiryu, the new CEO, has only been with Square for a few years. Before that, he was a General Manager at the Dentsu Innovation Initiative, a business group that looked for opportunities in the metaverse and other places.

It looks like Square Enix has been having a lot of trouble lately. Its stock price has been going down for the past five years, and it has had trouble making successful games outside of its mobile gacha games and the Final Fantasy series. Even though the company tried to build on the success of the Final Fantasy VII Remake, Crystal Dynamics and Eidos Montreal recently left the company at a big discount. Square Enix is unhappy with how well third-party projects like Guardians of the Galaxy are selling. Also, it seems like some of its games don\’t get enough time, attention, or money to be fully successful.

It\’s certainly possible that Square Enix is looking to double down on new tech trends, including blockchain and NFTs, with the appointment of Takashi Kiryu as CEO. But it\’s also important to remember that the company has had some problems in recent years, like falling sales and trouble finding hits outside of its main series. Kiryu\’s history of looking into new technologies could help Square Enix find new ways to grow and succeed in Web3. But only time will tell how his hiring will change the overall strategy and direction of the company.