Gaming
The First ‘Move-to-Earn’ NFT Game Raises $8.3M
Genopets, a Solana-based NFT “move-to-earn” game where players are rewarded for the steps they take in real life, combining free-to-play and play-to-earn style gameplay, has raised $8.3 million in a seed funding round led by Konvoy Ventures and Pantera Capital. "The Hash" squad discusses the latest development in the world of crypto gaming signaling mainstream blockchain awareness and disruption of traditional gaming.
Yield Guild Games Taps HaloDAO to Help Gamers Put Earnings in DeFi
Yield Guild Games (YGG), a key investor in the “play-to-earn” arena, has teamed up with the stablecoin-focused decentralized finance (DeFi) project HaloDAO to allow its gamers to cash out using its stablecoin and gain yield. "The Hash" squad discusses the latest move signaling the importance of DeFi in emerging economies and the world of blockchain games.
The Latest NFT Fad Is a Text-Based Fantasy Game Building Block
“The Hash” squad discusses the evolving world of non-fungible tokens (NFTs), with the latest craze among the simplest and the strangest yet: “Loot: (for Adventurers),” a text-based NFT side project from social media network Vine co-founder Dom Hofmann, that randomly generates a list of items ostensibly intended for players of a fantasy video game.
What to Know About the Play-to-Earn Phenomenon in NFT Gaming
Beryl Li, the co-founder of Yield Guild Games (YGG), told CoinDesk non-fungible token (NFT) games are doing more to deliver financial inclusion than a bank account ever has or will.
FTX Strikes Deal With Yield Guild Games to Sponsor Axie Infinity Players
Sam Bankman-Fried’s cryptocurrency exchange FTX has struck yet another sponsorship deal. This time, with decentralized gaming startup Yield Guild Games (YGG) to sponsor Axie Infinity players from developing countries.
FTX Strikes 7-Year Deal With Riot Games’ ‘League of Legends’
Sam Bankman-Fried’s cryptocurrency exchange FTX has signed a multiyear deal with Riot Games for the rights to display its branding during a seasonal tournament of the popular “League of Legends” online game. “The Hash” panel discusses the latest move from FTX, helping bring crypto awareness to the gaming community and beyond.
How Crypto Is Changing The Gaming Business
Jeffrey (Jihoz) Zirlin, co-founder of Sky Mavis, the game developer behind popular blockchain-based trading and battling game Axie Infinity, discusses how new economies of "play-to-earn" are transforming the world of traditional video gaming. "What we're seeing is gaming's massive potential to be a trojan horse for crypto adoption," Zirlin said.
Sky Mavis Co-Founder on Future of Blockchain Games
“Community Crypto” host Isaiah Jackson is joined by Jeffrey (Jihoz) Zirlin, co-founder of game developer Sky Mavis, to discuss what the future holds for blockchain games and non-fungible tokens (NFTs). Plus, the social experience of Sky Mavis’ flagship NFT pet game Axie Infinity and the potential risks of playing to earn.
Polygon Launches Unit to Grow Blockchain Gaming and NFTs
Polygon has launched Polygon Studios, focused on helping to advance blockchain gaming and non-fungible tokens (NFTs). The co-founder and COO of the India-based Ethereum-scaling project, Sandeep Nailwal, discusses how the new unit could transform the gaming industry's existing business model. "NFTs [are] basically going to be the gateway to bring masses into [the] blockchain," Nailwal said. Plus, insights into the state of crypto regulations in India and the Polygon ecosystem.
