Innovative Blockchain Games Boost Mass Web3 Adoption – Here’s How
Web3 Gaming is transforming the blockchain space. The GameFi industry has progressively expanded its dominance, attracting over $22.5 billion in total investments. This era began in late-2020 when Andre Cronje, the founder of Yearn.Finance, introduced the notion of GameFi. His tweet about gamification in a decentralized setting took crypto Twitter by storm. A slew of innovations drove the industry forward steadily since then. NFTs have propelled GameFi to a new level, merging entertainment and financial incentives. Moreover, the metaverse has introduced an additional utility and value....
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In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming. A new survey commissioned by blockchain entertainment provider Coda Labs suggests that despite the huge amount of money being poured into Web3 gaming, traditional gamers are still yet to warm up to crypto or NFTs and have little interest in Web3 games. According to the survey, gamers pointed to practical barriers as their main reason for shying away from Web3 games, with gamers often not knowing how they might work and....
PRESS RELEASE. The blockchain game, built by GAMEDIA and published by Web3 industry leader Gala Games, is currently operating its final round of playtests before making preparations for the full October 31st launch. Spider Tanks is one of the first games powered by Web3 (blockchain) tech from Gala Games, with official release scheduled for Halloween 2022. The game is an arena style PvP brawler. Players customize their tanks in a garage that consists of player-owned upgradeable parts. These parts are also owned as transferable blockchain items, commonly known as NFTs. The launch of Spider....
The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games. Nonfungible token (NFT) gaming is getting a facelift. A new collaboration between Laguna Games, a Web3 research and development entertainment developer, and Lens Protocol allows players to connect across multiple gaming experiences.These new decentralized gaming IDs will allow players to connect their profiles across Crypto Unicorn’s web and mobile NFT gaming platforms.The Lens integration is a binder that takes profiles on its network and connects them with the avatar system behind....
PRESS RELEASE. Jackson, Wyoming (August 29, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, will launch on October 31, 2022 as the debut game on Project GYRI, Gala Games’ proprietary games-first blockchain. In anticipation of the launch, starting today Gala is kicking off a limited time sale for its Spider Tanks Planetary Nodes. Planetary Nodes will be operated by community members who have purchased licenses in this sale. In return for using their computing resources....
A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology. United Arab Emirates (UAE) has emerged as one of the fastest-growing destinations for Web3 projects, thanks to the initiatives taken by its government.A recent research report published by the Web3 platform Crypto Oasis Ecosystem highlighted the dominance of UAE in the Web3 economy as it identified more than 1,450 active Web3 organizations with nearly 7,000 individuals.The report divided Web3-based projects into two....