Weekly News Digest with CARV | Yuga Labs New Developments
Industry News
Blockchain 2023 review and DappRadar game report Read More
In 2023, blockchain gaming significantly outperformed other sectors in the crypto industry, reflecting its resilience and appeal. With a substantial $2.9 billion investment in Web3 gaming and metaverse initiatives, the sector attracted significant attention. Notably, blockchain games represented a considerable 34% of all decentralized app activities, engaging over 1.1 million daily active users. Major gaming blockchains like WAX, Klaytn, and Near saw significant advancements, contributing to the overall growth of the sector. These developments reflect the increasing integration of blockchain technology in gaming, showing potential for further innovation and adoption.
CARV's cofounder was quoted in Cryptonews' feature of this report: Read More emphasizing the industry's growth and maturation during a challenging bear market. He highlighted the convergence of diverse talent and established studios in the blockchain gaming space, indicating a readiness for wider mainstream adoption. This growth phase, according to Yu, marked a pivotal moment for the industry, paving the way for its future expansion and acceptance. CARV's SOUL Drop event is going on now, visit the link to enter!
Web3 Game Development
Yuga Labs Elevates NFT Dominance with 'Dookey Dash Unclogged Read More
Yuga Labs, the firm behind Bored Ape Yacht Club NFTs, has launched 'Dookey Dash Unclogged,' a sewer racing game set for February release on mobile and PC. Developed with Faraway, a game development company, it's part of the HV-MTL collection and offers both free and play-to-earn options, along with benefits for certain NFT holders. The game features new characters, vehicles, leaderboards, and an in-game store, plus tournaments, a battle pass, and prize pools. Notably, holders of BAYC, MAYC, BAKC, and HV-MTL NFTs get token benefits.
Visit Yuga Labs Gaming for more information: Yuga Labs Gaming
Endless Clouds Partners with Immutable for 'Treeverse' and 'Capsule Heroes' NFT Games Read More
Endless Clouds, a game studio, collaborates with Immutable to launch 'Treeverse' and 'Capsule Heroes' on Immutable’s zkEVM blockchain. These games, offering early access on Steam, will support Immutable Passport, a crypto wallet. 'Treeverse' is an MMORPG, while 'Capsule Heroes' is a PvP brawler game, both emphasizing player ownership through NFT assets. This partnership marks a significant step in blockchain gaming, blending traditional gaming with the emerging NFT space.
Visit The Game: https://treeverse.net/
Snaky Cat: New Multiplayer Game with Crypto Rewards Launches on Coinbase's Base Read More
iCandy Interactive, in partnership with Animoca Brands, a leader in blockchain gaming and AI, has launched 'Snaky Cat' on Coinbase's Base. This multiplayer game, inspired by classic Snake games, features competitive gameplay with snake-like cats. Players vie for leaderboard positions, earning TOWER tokens as rewards. The game, requiring TOWER tokens for participation and a crypto wallet connection, represents a blend of traditional gameplay and blockchain rewards, furthering play-to-earn mechanics in the gaming industry.
Visit The Game: https://snakycat.io/
Web2 Game
Palworld Isn’t a Crypto Game—But It Is a Vampire Attack on Pokémon Read more
Palworld, launched on January 19, has quickly become a gaming sensation, selling over six million copies. Dubbed as "Pokémon with guns," this PC and Xbox indie game blends the charm of Pokémon with the intensity of survival games like Ark: Survival Evolved. Despite controversy and potential legal attention from Nintendo, Palworld has captivated players by offering a more adult, unhinged version of the classic monster-catching experience, fulfilling a demand many Pokémon fans didn't know they had.
Visit To Play: Palworld
Financing
10n8 Little Dragon Secures $1.5 Million in a Rapid 72-Hour Fundraising Effort Read More
10n8 Little Dragon, a gamified Bitcoin accelerator, successfully raised $1.5 million in just 72 hours. The round saw contributions from 50 investors and VC firms, including Centauri Digital Asset Group and Mirai DAO. The project, which aims to accelerate APAC projects and introduce them to English-speaking markets, offers a unique ecosystem where users can stake, play, and earn across various pools and games. Utilizing the BRC-20 standard on the Bitcoin blockchain, 10n8 Little Dragon is set to popularize this technology and expand its reach. The ecosystem includes Dragon Pools for staking-based yield and Gamified Pools for earning Bitcoin, alongside engaging games like Mini-Dragon Staking and Red Envelope Hunter.
Visit The 10n8 Little Dragon Twitter: https://twitter.com/10n8BRC20
Arcade2Earn Completes $4.8 Million Private Token Round, Prepares for Public Sale Read More
Arcade2Earn, a GameFi platform on Ethereum and powered by Avalanche, has completed a $4.8 million private token round, indicating readiness for global Arcade launch. The Token Generation Event (TGE) sets the stage for ARC token's public sale, underscoring investor confidence. Arcade2Earn's Mission Pools system facilitates cross-chain reward management in Web3 games, marking a significant step in gaming and blockchain industry expansion.
Visit The Arcade2Earn: https://www.arcade2earn.io/
Spellborne Secures $1.35M Funding from Top Industry Players for Game Development Read More
Mon Studios has successfully raised $1.35 million for the continued development of Spellborne. This strategic funding round includes contributions from founders and executives of leading companies such as Animoca Brands, YGG, Faze Clan, Immutable, and Tatsumeeko. The investment signifies strong industry support and confidence in Spellborne's potential in the gaming market. This influx of capital is set to propel the development and expansion of Spellborne, further solidifying its position in the gaming industry.
Visit The Spellborne: Spellborne
Airdrop & Free Mints
Note: This is just a compilation of airdrop information. You need to do your own research to identify the project situation. Not Financial Advise.
Nifty Island: Web3 Metaverse Game Launches Innovative Public Beta Read More
Nifty Island, a Web3 metaverse game, has launched its public beta, blending island building, social hangouts, and competitive gaming. This community-driven platform allows players to customize their islands, engage in various games, and compete for rewards and airdrops. The game introduces a "Play to Airdrop" (P2A) mechanism, enabling players to earn ISLAND tokens by active participation. It also features Legendary Palms, exclusive NFTs offering benefits like airdrops. Nifty Island aims to redefine Web3 gaming by prioritizing gameplay and community engagement.
Visit The Nifty Island: https://niftyisland.com/
Clashed Announces Minting Schedule for January 30th with Three Release Phases Read More
Clashed, a GameFi platform offering crypto rewards through skill-based games, is hosting its anticipated minting event on January 30th in three phases: Guaranteed (1-5 PM UTC), First-Come-First-Serve (5-8 PM UTC), and Public Sale (8-9 PM UTC). This event, designed to be fair for all participants, aligns with Clashed's focus on community, Web 3 integration, and utility-based NFTs, generating excitement among its users and investors.
Visit The Clashed: https://clashed.io/
XOCIETY to Release 1,499 New Frontier Avatars on January 30th Read More
XOCIETY, an MMOTPS game in a vibrant metaverse, is expanding its universe with the release of 1,499 Frontier Avatars on January 30th. These avatars, more than digital characters, mark a new phase of exploration and competition in the game. This release reflects XOCIETY's dedication to a dynamic gaming environment, enhancing player engagement and introducing innovative, community-driven experiences in the evolving online gaming world.
Discover credential-gated reviews, analytics, and events by Xociety on CARV here.
Visit The Xociety: https://xociety.io/
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