OP Games has announced its ambition to support, launch and host up to 500 play-to-earn games by the end of 2022. Their main hub will be OP Arcade, and their first in-house developed NFT project Arcadians will launch on October 19th. They’ve received $8.6 million in venture capital funding from Polygon Studios, Bitcoin.com and many […]
The virtual world MMO of Cradles: Origin of Species has received a $1.2 million seed investment from Animoca Brands, Huobi Ventures and various other investment groups. The development team will use the investment to build their next-gen MMORPG with its dynamic NFTs and slowly dying game world. Wait? A dying game world? Yes, DRepublic has […]
Sky Mavis has announced that they raised $152 million to grow their play-to-earn revolution with Axie Infinity and the development of a wider ecosystem. The Series B investment round was led by a16z, which also backed numerous other web3 projects. Sky Mavis will use the fund to develop Axie Infinity and prepare their Ronin sidechain […]
A new virtual world has entered the metaverse, as Bloktopia aims the become a social education hub for those interested in crypto and blockchain technology. The virtual world of Bloktopia will introduce and teach people about blockchain and crypto, while also allowing users to play games and earn some tokens. This virtual world, again wrongly […]
Blockchain gaming company Animoca Brands has invested an undisclosed amount into the Solana-powered virtual universe of Star Atlas. This way they want to grow the community of Star Atlas through cross-platform collaborations and cross-license intellectual property between Star Atlas and brands from the Animoca portfolio. Star Atlas is an virtual universe on the Solana blockchain, […]
Fantasy football game company Sorare is reportedly expecting a $532 million investment in their effort to go mainstream with their blockchain-powered product. This news came from Business Insider, and Sorare didn’t confirm or deny the news. They simply had ‘nothing to announce’. According to other sources, the investment in Sorare would give the company a […]
Actress Camila Cabello, lifestyle celebrity Paris Hilton and actress Priyanka Chopra are among the investors pumping another $65 million in avatar company Genies. All three will also become a Genies avatar themselves, possibly accompanied with an NFT collection of digital wearables. CEO and founder Akash Nigam emphasized that Genies as a company wants to be […]
Mythical Games, the studio behind the upcoming blockchain-powered game Blankos Block Party, has received another $75 million in funding. This brings the total of their funding to $120 million. If that entire budget would be put in the development of one game, we’d be talking about AAA budgets. However, the funding isn’t for Blankos Block […]
Animoca Brands, the company behind blockchain-powered games like The Sandbox and F1 Delta Time, is now valued $1 billion, after raising $88,888,888 in funding. They received funding from venture capital groups and investors, including crypto exchange Huobi and NFT fund Metapurse. The company is planning to use the funding for further aggressive expansion in the […]
Last week Epic Games, the company behind Fortnite and the Epic Games Store, has completed a $1 billion funding round to develop its vision for the metaverse. The investment includes money from Sony Group Corporation and other investment groups. Epic will it to develop the metaverse in the long term, while adding more social events […]
