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Cryptocurrency News Articles
The وجهة of the Web3 Gaming World Has Ballooned to Immense Proportions in Recent Years
Jul 23, 2024 at 02:04 am
These days, a seemingly countless number of development studios are competing to produce games that transcend the ‘blockchain’ label by offering genuinely immersive playing experiences
The realm of Web3 gaming has witnessed an explosive growth in recent years, with countless development studios vying to create games that go beyond the 'blockchain' label by offering immersive playing experiences and attractive rewards for users.
From the early days of blockchain-powered games that were essentially point-and-click releases with minimal story, immersion, or skill-based gameplay, the new generation of titles is pushing the boundaries of what the technology makes possible.
Here are some of the most notable Web3 gaming companies making waves in 2024:
Mythical GamesFounded by a team of former Blizzard and Activision developers (known for producing popular titles like Call of Duty, World of Warcraft, and Skylanders) in 2018, Mythical Games is a technology and game development company renowned for creating player-driven games, including those that focus on true ownership of in-game assets.
Among the numerous gaming titles under Mythical Games' umbrella is NFL Rivals, a blockchain-based football management and arcade game officially licensed by the NFL. The digital collectible card game has seen over 4 million downloads and offers players true ownership of player cards and team items.
Another upcoming title from Mythical Games is a Pudgy Penguins game slated for 2025, which will bridge the gap between the digital and the real world through partnerships with Walmart and Target.
As one of the pioneers of Web3 gaming, Mythical Games has spearheaded the push for the "play-to-earn" model, allowing players to earn real income from their gaming experiences. Their successful integration of blockchain technology into mainstream sports and gaming IPs (like the NFL) is also setting new standards for the industry.
Animoca BrandsOne of the most active investors in promising Web3 gaming titles, Animoca Brands has helped develop a diverse portfolio of blockchain-based games in recent years.
Among the most notable titles in Animoca's catalog is The Sandbox, an interactive virtual world where users can build, own, and develop their own plots of virtual land – and monetize their experience using the game's native token, SAND.
Plots of land in The Sandbox can be developed into almost anything the player sees fit, including virtual storefronts which display items up for sale – from NFTs, to other land parcels, to real-world products.
Animoca Brands is constructing interconnected digital worlds where assets can be used across multiple games and platforms. Their investments in various Web3 projects are also fostering an ecosystem of interoperable blockchain titles that put players front and center.
PolygonPolygon has made several noteworthy technological advancements that have changed the landscape of Web3 gaming, specifically with its development and launch of zkEVM (zero-knowledge Ethereum Virtual Machine), and its Polygon SDK (software development kit). These tools make it easier than ever for development teams to spin up blockchain-based gaming titles which benefit from fool-proof security.
Also of note is the numerous partnerships Polygon has secured with mainstream gaming studios, among them Ubisoft and Atari, with the aim of integrating Web3 ideals like real ownership of in-game items into Ubisoft games.
The blockchain currently hosts an array of eclectic gaming titles, from the cyberpunk-themed Neon District, to fantasy MMORPGs like Ember Sword, as well as collectible NFT game Aavegotchi and the virtual horse-racing game, Zed Run. Earlier this year, Polygon teamed up with Immutable to launch a $100m ‘Inevitable Games Fund’ to bootstrap game development.
Sonic OdysseySonic Odyssey is a cutting-edge new infrastructure development which aims to streamline the process of building games on chains like Ethereum and Solana.
The first Solana Layer-2 solution designed specifically for blockchain gaming, Sonic leverages the Solana Virtual Machine (SVM) and the HyperGrid framework, enabling developers to write programs compatible with both the Ethereum and Solana ecosystems.
This allows for seamless execution of Ethereum Virtual Machine programs as SVM contracts, facilitating a highly scalable and low-cost gaming environment that naturally broadens the landscape of the Web3 gaming industry by fostering interoperability.
Zeebit recently announced that it will launch its testnet on Sonic in the near future, becoming Solana’s first ever on-chain risk-on microgaming platform.
Dapper LabsDapper Labs focuses on creating a symbiosis between blockchain technology and mainstream sports fans, enabling new ways for the latter to interact with their favorite teams and players. Its ‘Flow’ blockchain infrastructure is designed specifically for the high throughput that blockchain gaming demands.
Dapper Labs’ gaming titles include NBA Top Shot, a platform for collecting, buying, selling and trading officially licensed highlights from the National Basketball Association. NFL All Day is similar in that it allows players to collect and trade officially licensed NFL moments.
PixelversePixelverse has blossomed from a standalone game into what it calls a ‘multiverse’ built around the EVM-compatible Layer-2 Pixelchain. Deeply integrated with the Open Network (TON) ecosystem and its 15 million daily active users,
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- 5 Polkadot Alternatives That Could Turn a $1000 Investment into a $2M Fortune by January 2025
- Sep 25, 2024 at 10:15 pm
- With the cryptocurrency market constantly evolving, certain digital assets are showing immense promise. Investors eyeing rapid gains are turning their attention to Polkadot alternatives. This article delves into five potential contenders poised for significant growth by January 2025. Discover which coins could transform a $1000 investment into a remarkable $2M fortune.
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- Rollblock (RBLK): The Trending Altcoin That Could Rival Shiba Inu and Dogecoin's 2021 Runs
- Sep 25, 2024 at 10:15 pm
- As the crypto world continues to buzz with trending altcoins, many are asking: is there a token that could match the legendary Dogecoin rally or Shiba
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- RCO Finance (RCOF): The New Ethereum Presale Token That Has Investors Buzzing
- Sep 25, 2024 at 10:15 pm
- The renewed bull rally in the crypto market has seen top meme coins like PEPE and Shiba Inu (SHIB) record double-digit weekly gains. As a result, investors have started flocking to these tokens. However, RCO Finance (RCOF), an emerging Ethereum presale token, has received the lion's share of investor interest.
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- Kaspa, Cardano, and BlockDAG Emerge as Standout Performers in the Cryptocurrency Space
- Sep 25, 2024 at 10:15 pm
- Kaspa has seen its price rise by 259.6% over the past year as many broaden their portfolios, anticipating the next major market move.
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- OKX Lists POL on its Perpetual Futures Market
- Sep 25, 2024 at 10:15 pm
- NASSAU, The Bahamas, Sept. 25, 2024 (GLOBE NEWSWIRE) - OKX, leading crypto exchange and global Web3 technology company, has issued updates for September 25, 2024.
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- Dogecoin's (DOGE) 9.3% Weekly Gains Renew Traders' Calls for an Uptrend
- Sep 25, 2024 at 10:15 pm
- By Shaurya Shubham - IntoTheBlock data shows an increase of 63.5% in large transaction volume and a rise of 8.5% in daily active addresses.
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- Rexas Finance (RXS): The Real Dogecoin Killer
- Sep 25, 2024 at 10:15 pm
- There’s a new contender that could knock down the long-standing Dogecoin in the crypto space. Enter Rexas Finance RXS, a project that has been able to make all sorts of investors including analysts and crypto enthusiasts interested in it in recent times. This threat will come in the form of a token that costs less than $0.08. Rexas Finance RXS is expected to rise 20x by the year 2025, potentially overshadowing Dogecoin (DOGE).
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- Toncoin's Price Battle: Will It Break Through or Slip Below?
- Sep 25, 2024 at 10:15 pm
- Toncoin (TON) remains steady in its price range of $5.39 to $5.82 after a slight weekly rise of 2.87%. It faces a resistance level at $6.04 but is supported at $5.17.
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- Discover 5 Promising Altcoins Poised for Substantial Gains in October 2024
- Sep 25, 2024 at 10:15 pm
- As Bitcoin edges closer to the $100,000 mark, excitement in the crypto market is palpable. Investors are eagerly searching for the next big