Gaming

State of Web3 Gaming in 2023

Video

State of Web3 Gaming in 2023

A new report by Game7 finds that more than 81 new blockchain networks targeted gaming this year, while nearly 50 blockchain games were halted. Game7 Core Contributor George Is...

State of Web3 Gaming in 2023

By CoinDesk Staff

Nov 17, 2023 at 4:50 p.m. UTC

Nov 17, 2023

cdtvFM ClipGamingWeb 3Game7George isichos

Sunrise over Victoria Harbor in Hong Kong (Unsplash)

Finance

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

The company's plan highlights Hong Kong's rising profile as a digital asset hub.

Sunrise over Victoria Harbor in Hong Kong (Unsplash)

By Krisztian Sandor

Nov 15, 2023 at 5:07 p.m. UTC

Nov 15, 2023

Web3BitcoinEtherGamingHong Kong

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Opinion

It’s Time for Web3 Games to Embrace Play AND Earn

Web3 games shouldn't try to replace traditional gaming with decentralized gaming, but instead create crypto-powered alternatives gamers actually want to play, Web3 marketing e...

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By Kelsey McGuire

Nov 1, 2023 at 4:45 p.m. UTC

Nov 1, 2023

OpinionGamingWeb3NFTs

Yat Siu, co-founder and executive chairman of Animoca Brands. (Shutterstock/CoinDesk)

Finance

Animoca Brands Courts $50M Investment From Saudi Arabia's NEOM

Animoca will build Web3 service capabilities with global commercial application alongside NEOM to support its aspirations as a futuristic tech hub.

Yat Siu, co-founder and executive chairman of Animoca Brands. (Shutterstock/CoinDesk)

By Jamie Crawley

Oct 30, 2023 at 1:05 p.m. UTC

Oct 30, 2023

Animoca BrandsSaudi ArabiaMetaverseGaminginvestment

(Pipat Wongsawang/Getty Images)

Opinion

Decentralization on a Spectrum: How Fully On-chain Games Are the Future of Web3 Gaming

Game developers should stop worrying about Web3’s friction and think more about many true benefits that blockchain can bring, says Leah Callon-Butler.

(Pipat Wongsawang/Getty Images)

By Leah Callon-Butler

Oct 24, 2023 at 4:06 p.m. UTC

Oct 24, 2023

Fortnite esports tournament (Shutterstock)

Web3

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)

By Jamie Crawley

Sep 29, 2023 at 8:33 a.m. UTC

Sep 29, 2023

Epic GamesFortniteMetaverseLayoffsWeb3 gamingGaming

Yat Siu, Co-Founder of Animoca Brands (CoinDesk)

Web3

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)

By Jamie Crawley

Sep 11, 2023 at 8:53 a.m. UTC

Sep 11, 2023

Animoca BrandsMetaverseGamingWeb3IdentityFundraise

Web3 gaming (Oatawa)

Technology

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)

By Shaurya Malwa

Sep 7, 2023 at 6:22 a.m. UTC

Sep 7, 2023

AvalancheDeFiGaming

A screenshot from the trailer for nWay and Animoca Brands' new game "Wreck League." (nWay)

Web3

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)

By Rosie Perper

Aug 3, 2023 at 4:14 p.m. UTC

Aug 3, 2023

NFTsWeb3Yuga LabsAnimoca BrandsGaming

(Getty Images)

Web3

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)

Jul 18, 2023 at 12:00 p.m. UTC

Jul 18, 2023

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