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Gaming
Galaxy Digital’s Entertainment Arm Raises $325M Fund for NFT, Gaming Bets
Galaxy Interactive has already showered about $150 million on projects such as Art Blocks.
Sequoia Games Brings Augmented Reality to Board Games Using Algorand Blockchain
The Catan-style game combines a physical board with NFT-backed characters that can be bought and sold between players on Algorand’s blockchain.
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.
VC Fund NFX Launches Crypto Gaming Seed Fund
The venture capital fund recently lined up $450 million to invest in seed-stage companies.
Yield Guild Games Invests $175K in Merit Circle to Expand Scholarship Program
YGG will work with the decentralized autonomous organization to expand its play-to-earn scholarship model in developing countries.
Blockchain Firm TangoChain Launches Platform for Play-to-Earn Games, NFT Creation
TangoChain focuses on gaming and NFTs, and its model involves giving players financial incentives to play and progress through games.
Neopets Looks to NFTs to Revive Its Early-Aughts Glory
The virtual pet universe has tapped Solana’s Raydium exchange for an NFT drop high on nostalgia.
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.
Immutable Raises $60M in Funding to Boost NFT Trading
The Ethereum Layer-2 protocol says it has created the underlying infrastructure for any business to build a game, marketplace or NFT application.
Huobi Ventures Sets Up $10M GameFi Fund
The crypto exchange’s VC affiliate wants in on the “play-to-earn” hype.
