SpongeBob and Warhammer score mobile game Polygon partnership
The publisher of the free mobile game to play Tilting Point has entered into a multi-year partnership with Polygon Studios to launch 10 web3 games over the next two years. Polygon Studios and Tilting Point plan to help native web3 game developers expand their games along with free -to -play developer partners, as well as studios that want to connect from web2 to web3 games.
The first three titles in the work are the interstellar strategy game “Astrokings” from Korean game developer AN, which Tilting Point acquired earlier this year; virtual slot game “The Walking Dead: Casino Slots,” based on the AMC series; and “Chess Universe,” by partner developer Tilting Point Kings of Games.
Polygon Studios CEO Ryan Wyatt shared the company’s excitement about “winning user ownership and immersive ensemble.” Founded in 2012, Tilting Point’s most popular free-to-play games include “Warhammer: Chaos & Conquest,” “Narcos: Cartel Wars,” and “SpongeBob: Krusty Cook-Off.. “
Today we announce a partnership with @0xPolygon to bring the best of Web3 technology to the devs and their gamers! See here, in Samir’s own words, how it influences our model.#metaverse #blockchain #nft #cryptogaming #Titik Miring #raisyourgamehttps://t.co/hW8HOTFXH6
– Tilting Point (@TiltingPoint) 5 May 2022
TEAM DAO raised $ 5 million in the Series A round
The Tokenized Esports Asset Management decentralized autonomous organization, or TEAM DAO, describes itself as the first Guild 3.0 metaverse. The fantasy league esports nonfungible token (NFT) recently declare a $ 5 million Series A funding round led by Krust Universe and Animoca Brands. Other investors include Great South Gate, Shima Capital, Anti Fund, Algorand, GSR, NGC Ventures, Libra Ventures, Nexo Capital, EX Capital, CoinHako and Octava.
Krust Universe is the investment arm of South Korean technology giant Cocoa. Animoca Brands as well recently acquired two major video game publishers: Eden Games and Darewise Entertainment.
According to TEAM, the new funding will be used to develop technology infrastructure, develop teams, and expand its player base. Appointed Grand Leader stated that the company leads a game-culture ecosystem defining for “noobs, amateurs and midtier gamers.” He added that the upcoming TEAM token sale will be “[catapult] the adoption of crypto into everyone’s daily life. ”
@TEAMDAOcom complete a $ 5m SeriesA round co-led by @animocabrands + @Klaytn_official $ TIM
GreatSouthGate @shimacapital @antifundvc @GSR_io EverseCap @NGC_Ventures LibraCapVentures @NexoCapital ExCapital @coinhako RisingCap @Octava92275045https://t.co/iNQrGfOmni
– TEAM DAO Tokenized Esports Asset Management (@TEAMDAOcom) 28 April 2022
Axie Infinity remains the game with the highest market cap
according to for the latest report by the Head of Crypto that rated the top 50 play-to-earn (P2E) games on ChainPlay, Axie Infinity covered the full market diluted $ 15.81 million. Cross Link is at close range of $ 13 million and Decentraland is in third place at $ 4.63 million. The average market capitalization value of all crypto games studied was $ 1.25 million.
For most of the games searched by Google over the past six months, Axie Infinity also took the crown with more than 29 million searches worldwide. The second and third highest rated games, Bomb Crypto and Splinterlands, both have less than five million global searches.
The head of Crypto also saw the popularity and crypto game Twitter with the most expensive tokens. Axie Infinity also earned a spot on the list.
LootRush wants to take on the mainstream of NFT gaming
LootRush, the NFT marketplace for crypto gamers, closed there was a seed round of $ 12 million led by crypto firm Paradigm, with the participation of Andreessen Horowitz. Other supporters include Y Combinator, founder of Brex, and several angel investors, including founder Axie Infinity, Plaid, Wildlife Studios, Dapper Labs and The Chainsmokers.
According to the company, LootRush aims to be like Steam, as a distributor of PC games, but for blockchain and NFT -based video games. It wants to remove barriers to entry for gamers to play web3 games and is known for offering cost-effective NFTs. A blog post stated that “We will enable gamers to have NFTs and we help NFT owners find great players.”
– LootRush (@LootRushGames) 5 May 2022
More GameFi news
STEPN namely Solana (SOL) NFT-based mobile applications that use GameFi elements, such as move-to-earn, to enable NFT sneaker holders to earn tokens while running. Created for fitness enthusiasts and people who want to get a step back every day, this project leads the movement to earn money and challenges users to cash in on Green Satoshi Token (GST).
Japanese video game publisher Square Enix is going divest the popular Tomb Raider franchise for $ 300 millions and invest the proceeds into blockchain, artificial intelligence (AI) and cloud computing technologies. Cointelegraph previously revealed Square Enix CEO Yosuke Matsuda plans to integrate NFTs into play-to-earn blockchain games.