Final Fantasy creator reveals ‘aggressive investment’ in blockchain games
Final Fantasy creator Square Enix is set to double down on blockchain game development despite turbulence in the crypto market, according to a Jan. 1 letter from the Japanese company’s president, Yosuke Matsuda. The letter, titled “A New Year’s Letter from the President,” aimed to recap the company’s major accomplishments in 2022 and explain its […]
2023 will see the death of play-to-earn gaming
Play-to-earn gaming enabled by blockchain technology has grown exponentially over the few years. Gamers have embraced the opportunity to collect cryptocurrencies or nonfungible tokens (NFTs) that have been produced in blockchain-based games. Through the advent of this new technology, players have been able to generate income by selling in-game NFTs or earning cryptocurrency rewards, both […]
‘Big Time’ and other Web3 games take home the gold at the inaugural GAM3 awards
The Web3 gaming awards event, the GAM3 Awards, hosted by Polkastarter Gaming, has announced 16 winners at a live event on December 15. According to an announcement shared with Cointelegraph, prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, Ultra, Naavik, Galxe, Hacken, Venly, […]
Anonymous crypto developers belong in prison — and will be there soon
In the months following the announcement of my company’s first experimental title, Cyberstella, visits to my personal LinkedIn profile increased by an astonishing 300%. What does this tell us about the rising trend of anonymous developers popping up in every Web3 community to spam users with investment opportunities and then disappear from the face of […]
Web3 game DOGAMÍ secures $14M total funding
DOGAMÍ, an augmented reality mobile game involving nonfungible token (NFT) pet companions, has completed a $14 million seed funding round, according to a Dec. 12 press release provided to Cointelegraph. The Web3 mobile gaming company raised $7 million led by VC firm XAnge after initially securing $6 million from industry leaders in January 2022. DOGAMÍ, […]
Axie Infinity is toxic for crypto gaming
Blockchain gaming is only four years old — a toddler compared to the rest of the industry. It has a lot of growing up to do, particularly when it comes to play-to-earn games. I’m a 28-year game industry veteran. I’ve produced 32 titles in that period of time on everything from Sega Genesis to Oculus […]
Fenix Games raises $150M to fuel next-generation blockchain gaming
Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game publishing company specifically for mainstreaming blockchain games. Fenix Games’ latest funding round saw participation from investors, including Phoenix Group and Dubai-based venture capital firm Cypher Capital, reported local news […]