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GameFi
Avalanche-Based Blockbuster Game Shrapnel Completes $7M Token Sale
Games studio Neon has raised $17.5 million so far to bring Shrapnel to Avalanche.
Wax Studio’s Blockchain Brawlers Game Earns $357M in First Week
The company claims its new P2E game is more secure than Axie Infinity.
Community Gaming Raises $16M in SoftBank-Led Round to Expand Crypto Esports
The competitive gaming platform is expanding into Latin America and Southeast Asia.
Metaverse Majors Struggle as User Base Falls Short of Market Expectations
Decentraland, Axie Infinity and The Sandbox have larger valuations and fewer active users than non-blockchain games.
Money Continues to Pour Into GameFi, but Will Developers Follow?
One of the hottest sectors for investors is seeing mixed reactions from top talent.
First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out
Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.
Taiwan's Red Door Digital Raises $5M to Build AAA-Games for Web 3
Red Door Digital's leadership team includes executives from EA Games, Ubisoft, and Tencent.
Hex Trust Raises $88M for Crypto Custody Focused on the Gaming Sector
The funding round was co-led by Animoca Brands and Liberty City Ventures.
GameFi Is a New Game for Southeast Asia Players
Economic conditions and widespread digital adoption have created a foundation for the region to become the global capital of the play-to-earn model.
GameFi’s Promise and Reality Are Still Worlds Apart
In creating closed, interoperable environments, are developers forgetting to ensure that players are having fun?
