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Play-to-Earn
Nyan Heroes Raises $7.5M to Develop Play-to-Earn Game
The investment brings the company's valuation to $100 million.

Paradigm, a16z Back $12M Round for Blockchain Game Platform LootRush
The Steam-like platform makes it easier for new users to try play-to-earn games.

Framework Ventures Exec on Future of Web 3 Gaming and DeFi
Framework Ventures Co-founder Vance Spencer discusses their $400 million fund to back Web 3 gaming and DeFi initiatives. Spencer highlights the shift from free-to-play to play-to-earn, competition with Web 2, and the increasing interest in play-to-earn gaming in the South East Asian and Latin American markets.

Yield Guild Games Partner Ola GG Raises $8M to Expand P2E in Spanish-Speaking Markets
The funds will be used to acquire yield-generating NFTs and create language-specific educational content.

Lightning Payments Come to Mobile Games, Fueling Bitcoin Adoption
THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold. This piece is part of CoinDesk's Payments Week.

Louis Vuitton Releases New NFTs, Continues Blockchain Gaming Experiment
Luxury brand Louis Vuitton is adding a new collection of non-fungible tokens (NFTs) to its Louis the Game app in the form of in-game rewards. “The Hash” group discusses efforts made by legacy brands to explore Web 3 and capture new audiences while noting the accelerated growth of blockchain gaming through play-to-earn models.

Stepn Runners Undeterred by ‘Move-to-Earn’ Game’s Pricey NFT
The Solana-based game is booming despite its cost to participate.

Wax Studio’s Blockchain Brawlers Game Earns $357M in First Week
The company claims its new P2E game is more secure than Axie Infinity.

Axie Infinity Owner to Reimburse Players After Massive Hack
The owner of Axie Infinity, blockchain gaming firm Sky Mavis, has vowed to reimburse players of stolen crypto following the $625 million exploit of the play-to-earn game’s Ronin network. “The Hash” team discusses why the attackers could face difficulties using the stolen funds, and how law enforcement could be involved in this situation.

DeFiance Capital, Delphi Digital Co-Lead $6M Round for ‘Crypto Raiders’ NFT Game
The makers of the Polygon-based role-playing game prefer the term “play-to-own” over “play-to-earn.”
