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Blockchain Gaming and Virtual Worlds Market Report April 2023: DappRadar

The article gives insights into the Growth, Fluctuations, and Innovations in the Blockchain Gaming and Virtual Worlds Industry. Blockchain gaming experienced a slight decline in activity in April 2023 according to a recent report by DappRadar. The report suggests a 10% decrease in overall activity. However, blockchain games still accounted for 38% of on-chain activity, demonstrating their continued relevance and potential for growth. The emergence of new gaming chains such as Arbitrum and Immutable X, with Arbitrum experiencing a 118.36% increase in users and Immutable X witnessing an 8.88% growth, reflects the ongoing expansion of the blockchain gaming ecosystem. This growth will lead to further innovation and a wider range of gaming experiences in the future.

WAX is the most popular game chain right now, with more than 320,000 unique active wallets (UAW) being used every day. Polygon is in second place with more than 140,000 UAW, followed by Hive with about 86,000 UAW and BNB Chain with 82,000 UAW. Game makers and investors are both interested in Sui, a new blockchain network. Its price has already gone up by 3,800%, which is a lot. Sui is a good option for Web3 game developers because it takes a unique approach to on-chain assets and technical specs. Game designers like that it can process deals in parallel and scale horizontally to keep transaction fees low. Its NFTs can be updated in real time, and it uses a \”object-based\” model. Even though Sui is not compatible with Ethereum, it has gaming benefits that could make it popular with gamers in general. Sui is becoming more popular in the market, which is a good sign for the network\’s growth. It\’s because more Web3 game makers and players are going there.

Virtual Worlds Dapps

In April 2023, the number of trades and sales in virtual worlds dapps fell by 74%, as money moved towards meme coins like PEPE. Increased transaction costs and NFT traders selling their holdings at a loss to join the meme bandwagon were also factors in the drop. Otherdeeds for Otherside, which has a huge share of the market, saw its trade volume drop by 65%, to $34.7 million. But Otherside added a new tool that lets players convert their Otherdeeds into special NFTs and mint them. It separates the stories into the basic Otherdeeds and the expanded Otherdeeds. Even though the economy as a whole was going down, trading traffic in The Sandbox went up by 18.83% because of the Mega City 3 Land Sale. The sale was for more than 250 plots, and buyers of luxury plots could get special asset NFTs.

Epic Games Store and Blockchain Gaming

In the gaming business, blockchain gaming has become a promising new area in the past few years. The Epic Games Store\’s switch to blockchain gaming is one of the newest things to happen in this field. Epic Games opened the Epic Games Store in December 2018 as a digital store for PC games. It goes up against other online stores like Steam and GOG. The first blockchain game to be sold on the Epic Games Store was Blankos Block Party by Mythical Games. It came out in September 2022. Since then, the company has added 18 games to the part of its website for blockchain games.

This is an important move by Epic Games Store because it comes at a time when Steam has chosen not to let blockchain games on its platform. Epic Games Store is using this change to make money in the growing blockchain game industry. Even though CEO Tim Sweeney didn\’t want to use blockchain technology in its own games at first, the company has changed its focus to blockchain gaming. But the company now sees how blockchain technology could be used in games. Also, NFTs can be used to decentralize ownership of assets and create digital rarity.

Epic Games Store\’s move to blockchain games could lead to a big increase in sales. Also, bringing in a wider range of creators and gamers. In 2022, more than $7.6 billion was put into the blockchain gaming business. The investment shows that businesses that want to explore this space have a bright future ahead of them.

Investments in the Blockchain Gaming Industry

In recent years, a lot of money has been put into the blockchain gaming business. In April 2023, $421 million was put into metaverse projects and blockchain games. Bitkraft got $221 million for its second token fund, which shows that investors are still interested in the gaming business. Krafton and Naver Z gave $37 million to Migaloo and hope for it to become a joint venture based in North America. Scytale Digital put $20 million into Mythical Games, which will move its Mythical Chain to the Polkadot network and build a Mythos environment there.

These investments show that the blockchain gaming business has the potential to grow and change. As more investors realize how valuable blockchain gaming is, more money will be put toward making new games and projects in the metaverse.

In April 2023, the number of trades and sales in virtual worlds dapps went down, and money moved towards meme coins like PEPE. But despite the overall drop, trade volume in The Sandbox went up because of the Mega City 3 Land Sale, which offered more than 250 plots and special asset NFTs to people who bought premium plots. DappRadar says that Topia\’s trade volume went up in April 2023, after it had been slow because Minecraft wouldn\’t let NFTs or blockchains be integrated into the game.

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Blockchain Gaming and Virtual Worlds Market Report April 2023 DappRadar

Play to Earn Gaming News

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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.

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New Update 1.3.0 Introduces Bug Fixes and Gameplay Improvements

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.

Play to Earn Gaming News

Looking for the best games where you play to earn money (P2E)? Check out our site for reviews of video games. Our huge collection of P2E games has been carefully put together to give you all the information you need. Include the type of game, the platform, the tokens, the white papers, and links to social media. Our site also has game trailers and in-depth reviews, so you\’ll always know what\’s new in gaming. We are proud to give you daily news updates about the latest Play-to-Earn, P2E, blockchain, non-fungible tokens (NFTs), crypto, Web3, and metaverse games.

Check out our \”Top Games\” and \”Game Lists\” to find the best P2E games and game developers, and read our \”Video Game News\” every day to find out what\’s going on in the gaming world. Contact us if you have any PlayToEarn Game news or send us your press release if you\’re launching a game, and our PlayToEarn Game news writers will cover it. Our video game review site will help you find the best Play-to-Earn (P2E) games out there.

Alien Worlds Blockchain Game Update 1.3.0 Part 1

Alien Worlds Blockchain Game Releases Update 1.3.0 with Gameplay Enhancements and Metaverse Features.

Alien Worlds, the popular blockchain game, has just released its latest update 1.3.0, bringing a range of gameplay improvements and new features to the metaverse. This update is great news for players and fans who are always looking for more engaging and exciting gameplay experiences.

Improvements to Player Experience

The new update includes various improvements to enhance the player experience across Syndicates, Missions, and Miscellaneous. The update includes various bug fixes across Syndicates, Missions, Mining, Teleport, and Landowner\’s Allocation, aimed at making the game more stable and improving the overall performance, ensuring a smoother and more enjoyable gameplay experience.

Enhancements to Syndicates

The update introduces several enhancements to Syndicates, allowing players to collaborate more effectively with other members. The Updated Planet Selector button in the Syndicates sidebar allows Syndicate members to easily navigate and select the planet they want to mine directly from the Syndicates sidebar. Moreover, the addition of the Member Terms Checkmark to the Candidates/Custodian members’ selection process creates a more transparent and informed selection process, which can lead to a stronger and more committed community of members.

New Missions

The release includes improvements to the game\’s mission system, adding new challenges and rewards for players to enjoy. The new feature \”Supported Browsers will not show login UI\” ensures that players have a smooth and secure gaming experience and prevents potential issues that may arise from using unsupported browsers.

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Alien Worlds\’ latest update, 1.3.0 Part 1, brings improvements to gameplay mechanics, syndicates, missions, and the metaverse.

Miscellaneous Updates

In another update, the developers have removed all hash marks from background images to create a cleaner and more cohesive visual aesthetic. This small change can have a significant impact on the overall look and feel of the game, creating an immersive environment for players to explore and enjoy.

Social Metaverse to Play, Create, Share, and Thrive

Alien Worlds offers a vast range of opportunities for players to engage with other players, create unique experiences, and showcase their skills and creativity. Players can mine, explore, trade, and compete with each other in a dynamic virtual world. The game uses blockchain technology, which means that players have ownership over their assets and can trade them on external NFT markets or in-game markets. This offers a unique opportunity for players to earn real-world value from their gameplay and interactions within the game.

Conclusion

Overall, Alien Worlds blockchain game offers a truly immersive and engaging social metaverse experience that is unlike anything else in the gaming world. The metaverse is constantly evolving, making it a must-play game for anyone looking for a unique and exciting gaming experience. With the new update 1.3.0, players can look forward to an even more enjoyable and engaging gameplay experience.

Play to Earn Gaming News

Looking for the best games where you play to earn money (P2E)? Check out our site for reviews of video games. Our huge collection of P2E games has been carefully put together to give you all the information you need. Include the type of game, the platform, the tokens, the white papers, and links to social media. Our site also has game trailers and in-depth reviews, so you\’ll always know what\’s new in gaming. We are proud to give you daily news updates about the latest Play-to-Earn, P2E, blockchain, non-fungible tokens (NFTs), crypto, Web3, and metaverse games.

Check out our \”Top Games\” and \”Game Lists\” to find the best P2E games and game developers, and read our \”Video Game News\” every day to find out what\’s going on in the gaming world. Contact us if you have any PlayToEarn Game news or send us your press release if you\’re launching a game, and our PlayToEarn Game news writers will cover it. Our video game review site will help you find the best Play-to-Earn (P2E) games out there.

Ubisoft\’s Rabbids NFTs and Wallet-Free Gaming

February continues to see plenty of blockchain gaming activity. We have new in-game content, NFT airdrops, beta testing, new partnerships, ease of access, and many more. The biggest news is that Ubisoft is still making progress in Web3, having launched its Rabbids NFTs on the Sandbox. Moreover, we have super news for gamers that do not want to indulge in any digital wallets, Champions Ascension goes wallet free. Top blockchain game Gods Unchained launches its pre-alpha mobile test, Genopets adds minigames, and Planet IX brings new in-game drops. Let’s check out these blockchain gaming developments in detail.

  • Ubisoft Launches Rabbids NFTs
  • Planet IX Making Further Progress
  • Audius and Mini Royale Nations Enters Music Partnership
  • Genopets Hosts Mini-games
  • Gods Unchained Going Mobile
  • No Wallet Required to Play Champions Ascension
  • Another Migration to ImmutableX

Ubisoft Launches Rabbids NFTs

Ubisoft is looking into Web3 technology. This is the company that made the popular Assassin\’s Creed series. The Sandbox blockchain game now has Rabbids NFT avatars, which is one of its recent moves into the space. Ubisoft is one of the most well-known traditional video game companies that is trying out Web3 and has already made a few steps in that direction. In December 2021, Ubisoft became the first major video game publisher to release in-game NFTs with Ghost Recon Breakpoint, which received mixed feedback from fans. But the company is still committed to Web3 and has just released Rabbids NFT avatars for The Sandbox, a metaverse game built on Ethereum.

Ubisoft is offering 2,066 Rabbid avatars on Polygon, an Ethereum scaling network. The NFTs are priced at 100 SAND, equivalent to approximately $78 at current rates. This release is timed to coincide with the Lunar New Year, specifically the year of the rabbit in 2023. The Rabbids are in various styles, and buyers can view them in four different tiers on the Sandbox game website.

Planet IX Making Further Progress

Planet IX is one of the most successful blockchain games in Web3 and it continues to grow by leaps and bounds. The game where players strive to revitalize a desolate planet, is expanding its range of options. The latest release, Cargo Drop 3, offers players even more possibilities for expanding their Mission Controls, as well as the addition of Rovers – autonomous vehicles that help players harvest tiles.

Cargo Drop 3 from Planet IX features a variety of NFTs and packs. Each Cargo Drop 3 pack includes a Rover, an Avatar Pack, and a Large Pack, providing players with plenty of new options to explore.

There are three types of Rovers in Planet IX, and they aid players in gathering resources, while also being capable of discovering M3ta-M0ds that help improve facilities. Avatars, on the other hand, are non-playable characters that provide in-game benefits and access to future airdrops and bonuses.

Furthermore, Cargo Drop 3 introduces the C-Tile contract, which offers players a third layer of hexes that are stakable around their Mission Control. Each Cargo pack is priced at $199, with a maximum of 100,000 Cargo Drop 3 mints available. Players can buy these packs on the official Cargo Drop 3 page.

Audius and Mini Royale Nations Enters Music Partnership

Mini Royal is combining Web3 games and music by teaming up with Audius, a decentralized music streaming platform. With this collaboration, Mini-Royale players can now listen to Audius\’ music streams while playing the game.

The partnership between Mini Royale and Audius is a cross-app, cross-chain collaboration that combines the worlds of streaming music and Web3 gaming. Through a built-in player on the Mini-Royale site, players can now stream tracks from the Audius platform while they play the game.

Genopets Hosts Mini-games

Two new minigames have been added to the pet-owning game Genopets, where players walk to earn rewards. These mini-games, called \”Feed and Fetch,\” are designed to help players keep their Genopets fed and happy. By doing so, players can achieve better Step to Energy conversion rates. In addition to these mini-games, Genopets has also added Food and Toy items to the game earlier this year. Players can receive a random selection of 3-6 items once a day when they convert their steps into energy. However, there are some changes expected on these mini-games in the upcoming Genopets update. Player feedback on losing inventory has ultimately made the developers rethink it.

Gods Unchained Going Mobile

This week, Gods Unchained opened its pre-alpha testing for the game’s mobile version. The gaming community is testing the game’s Android version and giving feedback to the developers on bugs and experiences.

The initial Gods Unchained mobile alpha test is available first to those on the elected Council of Mortals and those with Mount Olympus access, which is granted to players with large collections of GU cards. Access to the mobile pre-alpha for these players begins on February 24th, while others can join on February 28th. Anyone who played during February has a chance to receive an invitation.

No Wallet Required to Play Champions Ascension

Champions Ascension recently made a major accessibility improvement by eliminating the need for players to own a Web3 wallet in order to play the game. This comes after they made the pre-alpha free to play and got rid of the need for an invite code. Developers are continually striving to reduce the barriers to entry for web3 games, and many are finding ways to allow players to enjoy the game without the need for blockchain tokens or NFTs, while still providing access to these features for those who are interested. Champions Ascension is the latest game to join this movement.

Another Migration to ImmutableX

Chainmonsters has announced that they will be transitioning from the Flow blockchain to Immutable X just before their official launch. The move was made to ensure that the game is set up in the most suitable space for its requirements, with players soon being able to mint NFTs from the game.

In a statement, the Chainmonsters team said that they were interested in Immutable X because it was always making and using new developer tools, like the Immutable Passport that was just released. These tools enable the team to focus more on developing the game and implementing updates than on technical aspects.

Play to Earn Games News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You\’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games.

Check out our Top Games and game lists to discover the best play-to-earn games. And don\’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you\’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

DappRadar Report January \’23

The Blockchain Gaming Industry Bullish in January 2023,DappRadar Reports

Video games and gamers constitute almost half of all the activity on blockchain technology in the last month of the new year. This new metrics report by DappRadar shows that blockchain gaming is pretty bullish at the moment thanks to several reasons. With the advent of technology, the world of gaming has also evolved. In recent years, blockchain gaming seems to be the first choice for many investors in the gaming industry. This new technology has the potential to transform many industries. In addition, blockchain gaming has enhanced user experience by offering a reliable, secure, and transparent way to perform digital transactions. This trend has progressed in a variety of ways, from letting players design their own characters, themes, and even gameplay.

Despite a challenging 2022, the blockchain sector has made a promising start in 2023. One of the leading industries taking a lead this year is blockchain gaming. A recent DappRadar report uncovered some interesting trends regarding the growth of blockchain gaming and funding.

Gaming Tokens Bullish in 2023

In the last month, gaming tokens gained an impressive surge, showing positive signs for the industry. Blockchain gaming activity as estimated by on-chain data increased by 1.31% in January, with 858,621 daily Unique Active Wallets (dUAW) accounting for 48% of dapp activities. Furthermore, the market value for top-performing gaming tokens saw a massive increase of 122% on average. The digital utility token of the Gala Games (GALA) also surged by 218% of its actual value.

ApeCoin and SAND Leads

Among these tokens, ApeCoin remins a dominant player with a market value of $2,112,042,188 as of January 31 and an increase of 51.99% from January 1. SAND is closely following with a market capitalization of $1,254,095,738 and a gain of 86.64%.

GALA Shows a Lot of Potential

The report claims that as industry hype hits general audiences, demand for those gaming tokens is increasing. For instance, Gala Games earned recognition after acquiring a new mobile gaming firm with 15 titles and $20 million in assets managed. As a result, the Gala blockchain network now has a considerably larger user base. Also, a Gala Music artist received a Grammy nomination, which increased awareness of the network. Cryptoslate suggests that FLOKI is currently one of the year\’s top-performing gaming tokens. Despite the fact that the coin has gained 239% over the last 30 days, it is still 88% below its all-time high.

MAGIC Records Increase

MAGIC has also experienced a boost with the hype around TreasureDAO. The goal of this new system is to unite producers, collectors, and fans in a special environment that will be beneficial for them. The gaming industry has responded favorably to the idea, which has assisted in raising the value of MAGIC.

Avalanche\’s AXS Gains Ground

Last but not least, AXS is making ripples with the start of Homeland and Axie Origins Season 2. These actions have increased the AXS blockchain network\’s accessibility and sparked interest among both investors and gamers.

Blockchain Analyst Highlighted the Growth

Sara Gherghelas, a blockchain analyst at DappRadar, told Cointelegraph that it is safe to predict blockchain games will remain to be an evolving segment in the industry based on on-chain data from the previous two years.

“This is because blockchain gaming is already a vertical in the traditional industry. As blockchain gains more traction, it will bring more adoption to Web3 games which will become mainstream.”

Because of the buzz surrounding the Yuga Labs ecosystem, ApeCoin has experienced a rise in demand. Another high point for the NFT giants was the Sewer Pass debut in January. To play the skill-based game Dookey Dash, you need the Sewer Pass.

Report Summary

To summarize our analysis, blockchain gaming has collectively raised $156 million from 10 investments in the industry. Courtside ventures became the most notable investor with a total of $100 million for its third early-stage capital fund. It would be correct to say that consistent funding has prepared the ground for a significant boost in 2023.

This year appears to be a recovery period for the blockchain industry after a challenging time. Investors are now backing studios that have a track record of developing Web3 games, and they are planning for the future up to five or ten years ahead. In 2023, the blockchain gaming market will experience a change in plan that will give developers new challenges and opportunities as players and investors place a higher priority on quality than quantity. The future looks promising, and we believe that the blockchain gaming sector will continue to develop and advance.

Play to Earn Games News

Looking for the best play-to-earn games? Look no further than our video game review site. Our large collection of P2E games has been looked over and has all the information you need. From genre and game platform to tokens, whitepapers, and Discord and Twitter social media links, we have it all. In addition, we offer game trailers for each game, as well as game videos where we provide in-depth reviews. We pride ourselves on being up-to-date, and offer daily updates on the latest news in the world of video gaming. You\’ll find everything you need to stay informed about your favorite play-to-earn, blockchain, NFT, crypto, P2E, Web3, or metaverse games. Check out our Top Games and game lists to discover the best play-to-earn games. And don\’t forget to read our fresh daily game news to stay up-to-date on the latest developments in the world of gaming. With our video game review site, you\’ll have everything you need to explore, discover, and enjoy the best P2E games out there. If you have PlayToEarn Game News, please contact us. If you are launching a game, or have PR around a new game, send it and our PlayToEarn Game news writers will cover it.

NFTs In Games Inevitable

NFTs in Video Games is Inevitable: Here\’s Why You Should Embrace it

Despite the reluctance, there is an apparent shift from conventional gaming to NFTs and Blockchain-based Web3 games. The world of gaming has changed a lot in the last decade or so. The introduction of NFTs and in-game finance has revolutionized the gaming experience, attracting the masses that weren’t that much in the gaming world. People were hesitant over spending money on in-game items even before the introduction of NFTs. Just 23% of gamers buy in-game products according to a recent survey. However, developers might use this business model effectively given the amount of money that is accessible to companies that offer in-demand game assets.

But why is NFT gaming the future of video games? There\’s an evolutionary reason behind it, let\’s find out.

Pay to Access In-Game Accessories

It all began with the introduction of buyable horse armor in The Elder Scrolls 4: Oblivion for $2 in 2006. It was the beginning of downloadable content (DLC) after full access. Despite the criticism and reluctance, this was the start of a major shift in the games industry and its business structures, opening the door for in-game assets and downloadable content. From pay-to-play, the gaming industry moved to free-to-play and then towards DLC.

Since then, some of the most popular video games have made use of in-game purchases a lot. Free games, like League of Legends and Fortnite, made a hell lot of fortune despite being free to play. The micro-transactions took the market size to around US$67.28 billion. Diablo 3 by Blizzard, had the players’ trade, bid on, and purchase items features, but failed owing to criticism and fan backlash. In 2022, they faced criticism again for the mobile version of Diablo – Diablo Immortal, which had an in-game hero up-gradation feature, costing up to 300000 US$.

Gamers Not Buying the Idea of In-Game Purchases, So Why NFTs?

The common criticism was that buying downloadable upgrades and bonuses rendered the game\’s purpose moot. However, what if the downloadable content served as the foundation for a market that enhanced rather than detracted from the intricate worlds that players inhabit in such games? These assets frequently disappear along with the games they were bought or won in. The problem with these conventional games was that gamers may invest hundreds of hours to collect these in-game assets or spend real money, only to have those assets lost or digitally forgotten when it\’s time for a new game or a sequel or if the gaming company closes.

The Introduction of Blockchain and NFTs: The New Era of Gaming

We are currently witnessing technology advance to a level in which players have total control over their in-game assets. Developers and studios can support actual gamer ownership of in-game assets by utilizing cutting-edge technology like blockchain. Game ownership gives a lot back to gamers for their time and resources, and, of course, loyalty. A gamer\’s portfolio of in-game assets means a lot to the gamer as well as the community. So, owning it adds a lot instead of beginning again from scratch when playing a new game or a sequel of an existing IP.

On the blockchain, the skin is exchangeable as an NFT, or non-fungible token. NFTs are a particular class of blockchain token that cannot be exchanged for another, making them perfect for in-game assets since the legitimate owner can unquestionably demonstrate ownership. This implies that any breach, hack, or attempt to remove the weapon skin by the game platform will be ineffective.

An asset\’s potential and usability dramatically rise when bought as an NFT. It no longer depends on the game it came from. For the first time, players could really take assets off the gaming platform with this guaranteed proof of ownership. This opens up a potential cash stream for developers and players alike because it means that in addition to being utilized in another game, the item may also be placed for trade or sale on NFT marketplaces. Despite the rise of the technology, only 2% of studios are actively implementing blockchain technology in their projects, and the majority claimed they have no interest in doing so.

NFTs and the Future of Gaming

Evolution in the gaming sector is the need of the hour, if we are to maintain the micro-transaction market for the gaming industry. Giving players actual ownership over their in-game possessions not only fosters a sense of increased agency on their part, but it may also open up new revenue streams for game studios and creators.

Educating the extremely vocal gaming community about how blockchain and Web3 might improve their gaming experience presents a problem. While the GDC research may indicate that 61% of developers are reluctant on implementing blockchain technology in games, organizations that pay attention to their users\’ requirements have a more upbeat outlook. But, for those who do, the advantages will ultimately work in their favor and serve to enhance players\’ gaming experiences. However, there will always be a segment of the target market that will refuse to spend any money on in-game things.

Play to Earn Games News

Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviews, daily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let\’s play and earn together!

Super Bowl Sunday Gaming News

It is almost Super Bowl Time. Ready for the commercials? It did hit the news this week: Super Bowl LVII will Not Feature Crypto Ads: Deals Fell Apart and Limit Break Invests Millions in Live NFT Minting during Super Bowl 2023.

For our USA friends; Happy Sunday. Go Eagles, Go Chiefs.

Welcome to another edition of Super Sunday news with all the important news on blockchain gaming from this last week.

The momentum from last week continues this week, with several new alpha gameplays being released, new partnerships and fundings, new NFT launching and Mint, and much more. The past week we also saw FTX fallout in Super Bowl advertisement deal cancellation for the crypto industry. So, this year people will see only beer ads instead of crypto or blockchain. As for the gamefi, we have Project Red inviting players to play and test gameplay for free. A couple of other games like Faraway Lands, BattleFly have alpha and early access respectively. There are also plenty of alpha gameplays already live and running so a lot is happening in Web3 games. In another update, we have Illuvium eyeing to introduce yet another game to its already pumping IP.

Let’s check in detail what’s new in blockchain this week:

●     Illuvium Announces Illuvitars

●     Planet IX Launches New Missions and Updates

●     Project Red Announces Free to Play Weekend

●     Shrapnel Announces Free Mint

●     Bullieverse New Soulbound Reward Badges

●     The Sandbox and ZepetoLabs Enter into a Partnership

●     BattleFly Early Access is Open

●     Faraway Land’s First Public Alpha is Out

Illuvium Announces Illuvitars

Illuvium is on a roll and continues to impress its fanbase with new, unique, and exciting features. This week Illuvium came up with Illuvium: Beyond where players will enjoy customizable NFT avatars based on in-game characters. These customizable NFTs are Illuvitars that will work everywhere in the Illuvium DAO. These Illluvitars will work as your profile picture which of course is customizable with plenty of cosmetic items. You can check the news in detail here.

Planet IX Launches New Missions and Updates

Planet IX has just released a new Tile Contract that offers players the chance to expand their Mission Control by 12 extra hexes. This exciting development provides ample space for growth, and for the time being, accessing these tiles is offered at no cost.

Planet IX has gained a massive following in recent months, becoming one of the most sought-after web3 games. This PIX-collecting, click-mining, and building game continues to thrive, with the latest update featuring an improved Mission Control and the ability to construct n additional twelve hexes.

Project Red Announces Free to Play Weekend

Project Red, which recently launched its public alpha, now presents free-to-play weekends for everyone. Starting this weekend (Feb 10th-12th), Project Red becomes part of the growing list of high-quality FPS games in the web3 arena.

Every other weekend, the public alpha of Project Red will be accessible to all, allowing anyone to download the game and participate in playtests. This Mafia-themed FPS is still in its early stages, with the current alpha limited to the Blood Arena, an FPS competition within the game world.

While Project Red is currently in alpha testing and hosting contests with prizes, free-to-play players will not receive rewards at this time. However, this is an excellent opportunity to try out the game, offer feedback, and get a glimpse of one of the latest FPS games in the web3 space.

Shrapnel Announces Free Mint

Shrapnel, a super promising FPS extraction NFT game announces its free mint for Sigma Containment Units or SCU. You need to get a hold of the whitelist spot if you are eyeing these limited NFTs. These NFTs will will provide additional benefits like:

●     Membership to a holders-only community

●     Early access to the Creator Tools

●     Exclusive content for the Creator Tools

●     Limited Edition content from Partner Collabs

●     Rare in-game SCU skins

Making it to the Shrapnel Whitelist has multiple ways. The quickest and most straightforward way is to possess an Operator NFT and verify your wallet on Discord. Additionally, keep an eye on contests, giveaways, and community collaborations on Shrapnel\’s social media channels. They also plan to launch an application form in the near future.

Surprisingly, this mint will take place simultaneously on three different blockchains – Ethereum, Polygon, and Avalanche. The NFTs will be divided evenly among each chain, with a total of 3,333 SCU units available on each. One lucky minter on Avalanche will even receive a rare 1/1 SCU airdropped directly to them!

Bullieverse New Soulbound Reward Badges

Bullieverse never forgets its early supporters and loyal fanbase as they dedicate new Soulbound badges to them as BLISS tokens. BLISS, or Bullieverse Soulbound Badges, serve as a perpetual community recognition system through soulbound (account bound) rewards.

These badges keep a record of an owner\’s involvement in various activities across the Bullieverse. The first badge is awarded to those who participated in Beary\’s Bootcamp, a staking event for holders of hibernated BarBearian NFTs. In addition to the Badge, the Bootcamp event also granted hibernating Bear owners with CuraBull tokens, which vest into BULL tokens over a 12-month period.

The Sandbox and ZepetoLabs Enter into a Partnership

This week we also saw the Sandbox entering into a partnership with ZepetoLabs. For those of you who don’t know, ZepetoLabs is a world-renowned gaming company responsible for hugely popular games. Some of the games are Cut the Rope, CATS: Crash Arena Turbo Stars, King of Thieves, and Bullet Echo.

As per The Sandbox\’s statement, the partnership will expand the metaverse, bringing new offerings and Web3 engagement opportunities to the ZeptoLab community through engaging experiences and true digital ownership-based collectibles. This collaboration will help drive the growth of The Sandbox and further establish its presence in the Web3 gaming world.

BattleFly Early Access is Open

The web3 gaming space has welcomed a new auto-battler game with the launch of BattleFly\’s early access. This play-to-earn game, which features butterfly-themed ship customization, is open to anyone with a BattleFly NFT and a few MAGIC tokens. To participate in the early access, you must need at least one BattleFly NFT available at https://trove.treasure.lol/collection/battlefly. Moreover, you will also need at least 5 MAGIC tokens to stake with your Battlefly. So, there is a little investment early on. Furthermore, you will need to join BattleFly Discord channel and complete the onboarding formalities.

Faraway Land’s First Public Alpha is Out

Faraway Land, a town-building game under Mini-Royale, opens up its first public alpha. The game offers players to craft NFTs for Mini-Royale. Please note that Faraway Land is not the official land gameplay for Mini-Royale but rather a separate, cross-project game.

Play to Earn Games News

Welcome to PlayToEarnGames.com! Your ultimate destination for all things gaming. Here you will find game reviewsdaily news updates, and an extensive list of the latest games. Our goal is to keep you informed and entertained. If you have a game or exciting news that you would like to share, we encourage you to reach out to us. Stay tuned for daily updates and be sure to check back often for new additions to our growing list of games. Let\’s play and earn together!