Web3 Gaming Digest (December 7, 2022)

Jethro Sandico

Dec. 07, 2022

Today’s curated stories will feature music Non-Fungible Token (NFT) projects and Web3 games taking the spotlight a bit from their blockchain compatriots.

The World of Web3 truly is an exciting space to be in. As brands continue to employ the nascent technology to deliver the best experiences for their customers, the future of blockchain starts to paint a more optimistic view.

Companies and projects that made waves as of late in Web3 include Warner Bros., Winamp, Polygon, Infinite Reality, Cowen Digital, Animoca Brands, and Pixelynx, among others.

Furthermore, our roundup is also rich with Web3 gaming updates. Titles that made some moves include Rumble Kong League, Kingdom Under Fire: A War of Heroes, Legends at War, Battle For Giostone, and The Lost Glitches, among others.

Let’s take a look at some of the most significant stories in Web3.

Top Stories

  • Web3 game developers Immutable and Honig Studios have unveiled their upcoming blockchain-based trading card game (TCG) The Lost Glitches. The project will launch on the Immutable X ecosystem. Moreover, the title recently secured funding from the German Federal Ministry of Transport and Digital Infrastructure’s $72 million German Bundestag gaming fund (INN).

  • Interactive Web3 platform LGND.io, record label conglomerate Warner Music Group (WMG) and Polygon blockchain have teamed up to launch the LGND Music NFT marketplace. Essentially, the project will allow users to play collectible “Virtual Vinyls.” The platform is slated to launch in January 2023, along with best-selling dance record label Spinnin’ Records (NFTG).

  • Infinite Reality, a company that provides tools for metaverse building, has partnered with Warner Bros. Discovery Sports. The project plans to deliver Web3-based virtual world experiences for a track cycling event called the “UCI Track Champions League.” Basically, the racing series features cyclists racing around a velodrome track, and competing for an entire season (VB).

  • Collectible NFT basketball game Rumble Kong League (RKL) showcased a number of changes on the project. The team shared a brief video giving an in-depth look at new implementations. This includes animations for defensive moves, portal, and fine-tuned abilities. Last but not the least, RKL’s much-awaited marketplace is now in the final stages of its development (TW).

  • Moonbirds NFT founder Kevin Rose has acquired a $16 million mansion in Brentwood Park. Moonbirds is an Ethereum-based NFT project that consists of 10,000 owl avatars. The collection’s sale generated $445 million in revenues and raised $50 million in an Andreesen Horowitz-led Series A funding round (D).

Web3 Games

  • Avalanche-based Multiplayer Online Battle Royale (MOBA) game Battle For Giostone (BFG) has formed a partnership with AMG DAO. The collaboration aims to “onboard more people into Web3.” AMG DAO is a European Play-to-Earn (P2E) gaming guild that boasts over 2,000 scholars, across 42 games. The BFG team believes that guilds are the best way to bring players into the space “since they are a collective community that works together with one goal” (BFG).

  • Sci-fi Web3 game Mech’s “Mech Bot” free mint is now live. According to the team, the “Mech family” now has 5,000 new members. “Congratulations to everyone who got a Mech Bot minted today!” the team tweeted. “Stay tuned for new updates on the game development, releases and future plans” (TW).

  • Legends at War is launching its 2nd Beta Tournament on the 17th of December. The game combines P2E and Massively Multiplayer Online/Real-Time Strategy (MMORTS) elements. 2,500 invite-only players are set to compete in a 7-day battle, with over 150 winners getting their share of the $5,000 prize pool (TW).

  • In celebration of racing/breeding game Snail Trail’s recently introduced isometric view feature, the team is hosting a weekly contest for the “Slime Gang.” To join the competition, players must post on Twitter, a screenshot of their Competitive Race or Mega Race wins. Winning participants will receive Genesis Snail NFTs and 1,000 $SLIME rewards every Sunday (TW). 

  • Blockchain platform Locus Chain developer Bloom Technology, launched the world’s first serverless online game Kingdom Under Fire: A War of Heroes (Gold Edition). In 2000, the RTS game’s initial version was released in over 30 countries worldwide and sold over 500,000 copies (GP).

NFT News

  • Classic Windows-based media player Winamp has announced the launch of its version 5.9.1 for desktop. This latest iteration features several improvements including reduced memory footprint and upgraded security, among others. Most importantly, the once-popular application now allows users to play music NFTs (DC).

  • Spanish contemporary artist Edgar Plans and Candle Media’s Exile Content Studio are slated to launch a continuation of the “Lil’ Heroes NFT” collection. The next project – called “Lil’ Villains” –  will mint on the 12th of December. Holders of the artworks can gain access to a Training Camp, which offers limited edition items, merchandise, and event tickets (BW).

  • Digital assets security firm Ledger has unveiled a new device called “Ledger Stax,” which they plan to release during the first quarter of 2023. The company’s upcoming crypto wallet extension Ledger Connect will also enable connection to Web3 apps.  “The time is now for a device for more mainstream users. At the same time, we must not compromise on security,” Ledger CEO and Chairman Pascal Gauthier stated (NFTN).

Into the Metaverse

  • Web3 game developer and venture capital company Animoca Brands has taken a majority stake in Pixelynx, Inc. PIXELYNX, the company’s music metaverse gaming platform, is founded by electronic music producers deadmau5 (Joel Zimmerman) and Richie Hawtin (Plastikman) (YF).

  • Metaverse builder Croquet Corporation announced the availability of its free “Metaverse Web Showcase.” In essence, the platform is a fully immersive virtual world that users can embed interoperably into any 2D website to enhance experiences. Among the industry experts who will benefit from the project include developers, designers, and website managers, among others (PRN).

  • Hotel and package deal company Travelzoo divulged plans to raise $10 million in cash investments from its stockholders. With this capital, the company’s founder can increase ownership, as well as fund the travel metaverse experience that Travelzoo introduced in July. Moreover, the added fuel can help the subsidiary recover from their $63 million loss this year (SK).

  • According to a report by consulting and strategy firm Strategy & Middle East, the metaverse industry has the potential of contributing around $7.6 billion to Saudi Arabia’s economy annually by 2030. In addition, the kingdom’s $500 billion megacity NEOM’s digital subsidiary has also built its own metaverse (AN).

Around the Blockchain

  • Investment bank and financial services company Cowen’s digital arm in Europe has hired former Blockchain.com management executive Taylor Cable. Joining Cowen Digital Europe as managing director, the Moore Capital Management veteran will lead the division’s operation in the continent, as well as activities in Asia (NFTG).

  • NFT-fi (NFT finance) pioneer Pine Protocol has raised $3 million in a recent funding round. Investors that supported the project include digital asset company Amber Group, Sparkle Ventures (an investment firm jointly created by Animoca Brands), as well as the founders of  metaverse project The Sandbox. Basically, Pine Protocol offers non-custodial NFT-backed loans. This model allows holders to use their NFT assets as collateral for borrowing cryptocurrencies (PRN).

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