Industry News
Authors: Rendered Venture Capital & Griffin Gaming Partners
The 2023 Game Development Report highlights key insights in four areas:
Market Dynamics: Rising development costs, studios shifting to live service models, and the need for new tools.
Industry Challenges: Artists facing higher costs and workflow issues, developers dealing with lengthy build times and custom middleware, and testers grappling with complex live service games.
Evolving Production: Focus on faster releases and scalable development for effective live services.
Emerging Tech Trends: Upcoming trends in technology impacting game development
Web3 Game Development
Shrapnel NFT Shooter Hits Early Access on Epic Games Store Read More
Shrapnel," an NFT-based first-person shooter on Avalanche, has launched early access on the Epic Games Store. Access is exclusive to holders of the game's Extraction Pack NFTs, offering three-day play windows. About 3,000 NFTs, priced between $20 and $100, have been sold, providing feedback opportunities and rewards for early players. The full free-to-play game is set for a 2025 release, aiming for AAA quality with significant community involvement in its development.
Visit The Game on CARV: https://carv.io/games/carv_shrapnel_/detail
Synergy Land Prepares for Land Sale and Mainnet Launch on February 22 Read More
Synergy Land sets its land sale and mainnet launch for February 22, offering land plots in multiple rounds with discounts for NFT holders. Payments can be made with USDT, MATIC, WETH, and SNG tokens. Buyers receive bonuses and a Galebeak pet. A SNG token-only marketplace launches February 7, enhancing this town-building and dungeon exploration game.
Visit The Game On CARV: https://carv.io/games/carv_synergy_land/detail
Echoes of Empire Launches: A New Era of Space Strategy Gaming Read More
Echoes of Empire, a 4x space strategy game, launched on January 30th, 2024, offering a play-and-earn model accessible to all players. Starting with a base, players can build ships, harvest resources, and engage in PvP battles. The game features a unique earning mechanism through Stardust, convertible into GALA tokens. As part of the Gala Games ecosystem, Echoes of Empire combines strategic gameplay with blockchain technology, providing a free-to-play experience with realistic earning potential.
Serum City Launch: A New NFT-Based Game Read More
Serum City, a city-builder game leveraging NFTs from Yuga Labs' collections, has launched. Owners of NFTs from specific collections, including Mutant Ape Yacht Club, can claim a free Ethereum access pass, with Ethereum gas fees applicable. Developed by Novel Labs and Faraway, the game introduces Mutant Ape characters and uses ApeCoin as in-game currency. Access will expand with new seasons, incorporating more players from the eligible NFT holder community.
Solana Hunger Games Sparks Excitement with AR Crypto Game Read More
GG.zip's "Solana Hunger Games," an augmented reality (AR) game, has garnered significant attention, crashing its site with over 2 million views in 24 hours. Set for a spring launch, the game combines AR treasure hunting with crypto elements, allowing players to earn the G token. Backed by notable crypto figures and Delphi Digital, it offers a new twist on competitive AR experiences. The game, invite-only for now, has sparked a frenzy on Crypto Twitter, with players eagerly sharing invite codes.
Web2 Players
Infinity Realms Expands Gaming Horizons with Open-World MMO Read More
Infinity Realms introduces an open-world MMO, aiming to blend multiverse adventures with blockchain technology. Launched in 2022, it promises a unique mix of medieval, steampunk, and cyberpunk worlds. Partnering with Enjin Blockchain, it focuses on a player-driven economy, utilizing NFTs for dynamic gameplay and asset ownership. Transitioning to Unreal Engine 5.3 in 2024, Infinity Realms seeks to match AAA game quality, emphasizing player collaboration and a robust NFT economy.
Financing
Saltwater Games Secures $5.5M in Seed Funding for Web3 Expansion Read More
Saltwater Games secures $5.5 million in seed funding after acquiring Maze Theory, Nexus Labs, and Quantum Interactive. The round, led by Deus X and Fourth Revolution Capital, aims to boost team, tech, and global operations. Tim Grant of Deus X joins as chairman for strategic direction.
Forgotten Playland Secures $7M for Social Party Game Development Read More
Forgotten Playland raises $7 million to innovate social party gaming with unique minigames, backed by Merit Circle IO, The Spartan Group, CsquaredVC, and Paper Ventures.
Pixelmon Secures $8M Seed Funding for Game Development Read More
Pixelmon raises $8 million from Animoca Brands, Delphi Ventures, and Foresight Ventures to develop four new games featuring signature creatures, showing progress in decentralized gaming.
Yooldo Secures $1.5 Million Funding, Valuation Hits $13 Million Read More
Yooldo completes a $1.5 million funding round, valuing at $13 million, supported by investors like double jump.tokyo and Aptos Foundation. Funds will enhance technology, expand games, and grow the community in Web3 gaming revolution.
SoulLand Secures Funding and Launches on Mobile Platforms Read More
SoulLand announced in January 2024 that it has secured funding from notable investors, including Foresight Ventures, Redline Labs, and others. Following this successful funding round, SoulLand is now available for download on both Google Play and the iOS App Store. The game has achieved over 500,000 global registered users and maintains more than 35,000 daily active users, demonstrating significant growth and engagement within its community.
Airdrop & Free Mints
MixMob Origin Launches Exclusive Airdrop Campaign Worth Over $10,000 Read More
MixMob Origin is hosting an exclusive airdrop campaign with rewards totaling 1,000,000 SUD$ (approximately $10,000). The campaign runs from February 1st to February 22nd, with distribution scheduled for February 29th.
Visit The Game On CARV: https://carv.io/games/carv_mixmob/detail
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