Gaming

Fortnite esports tournament (Shutterstock)
Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is more distributed.
Fortnite esports tournament (Shutterstock)

Yat Siu, Co-Founder of Animoca Brands (CoinDesk)
Animoca Brands Raises $20M for Metaverse Project Mocaverse
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Yat Siu, Co-Founder of Animoca Brands (CoinDesk)

Web3 gaming (Oatawa)
Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network
Intella X, Neowiz’s Web3 arm, has joined Avalanche Arcad3 to build blockchain games in the crazed market.
Web3 gaming (Oatawa)

A screenshot from the trailer for nWay and Animoca Brands' new game "Wreck League." (nWay)
Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline
The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.
A screenshot from the trailer for nWay and Animoca Brands' new game "Wreck League." (nWay)

(Getty Images)
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
(Getty Images)

Money Cash Currency Bills (Pixabay)
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
The capital will help Xterio add more games and artificial intelligence integrations to its platform.
Money Cash Currency Bills (Pixabay)

(Ben Griffiths/Unsplash)
Sega Rethinks GameFi Plans, COO Calls Blockchain Gaming 'Boring': Bloomberg
Sega earlier promised it would carefully assess play-to-earn gaming models and NFTs to make sure its efforts in the space weren’t seen as “simply money making.”
(Ben Griffiths/Unsplash)

Fableborne (Pixion Games)
Avalanche-Backed Web3 Gaming Studio Pixion Games Closes $5.5M Seed Round
The funds will go towards building out Fableborne, the studio’s flagship Web3 game.
Fableborne (Pixion Games)

Touchdown in NFL Rivals game
NFL Rivals Scores 1M Downloads for NFT-Based Mobile Game
The game hit the milestone in under two months since its release in the Google Play and Apple Stores.
Touchdown in NFL Rivals game

Gamers celebrating success (Getty Images)
It’s Game On for Web3: How Gaming Will Onboard a Billion People
As we look to onboard new users into Web3, experts argue that gaming is the ideal vehicle for adoption “because there are so many gamers in the world who are already used to t...
Gamers celebrating success (Getty Images)