The world of Web3 is flowing with optimism as established brands and startup projects ramp up efforts to provide better experiences. Well-known names that made the headlines today include Sony, Lacoste, and Porsche. They are joined by promising companies such as Roboto Games, Mantisco, Glip, and Nifter, to name a few.
Furthermore, some blockchains are also showing some strength as of late. This includes protocols such as Avalanche, BNB Chain, Ethereum, and Polygon, among others. Despite downturns in the market, the aforementioned ecosystems are enjoying various developments in Web3 gaming, Non-Fungible Tokens (NFTs), and the metaverse.
For the Web3 gamers, titles such as Pulsar, Sunflower Land, Legends of Venari, and Axie Infinity, among others, also shared some notable updates and achievements to the community.
Despite what the naysayers think, the blockchain industry is certainly doing fine. In fact, even combat athletes Mike Tyson and Khabib Nurmagomedov have entered the space with their support for a couple of projects.
Here are the stories that made waves in Web3 today.
- Electronics and entertainment giant Sony has unveiled a $360 wearable motion-tracking system for the metaverse called “Mocopi.” In essence, the product bears a lot of similarities with motion capture suits used to create characters from movies such as Avatar, Rise of the Planet of the Apes and Avengers (CD).
- French clothing brand Lacoste is set to open its first virtual store in the metaverse. The project was made possible with the help of Emperia, a virtual reality (VR) platform for retail and fashion. “Having a presence in the metaverse during such a significant shopping season and utilizing NFTs in a practical way that creates a sense of community, will take Lacoste to the next level,” Emperia co-founder and CEO Olga Dogadkina said (CSA).
- Game dev studio Roboto Games has raised $15 million in a Series A funding round. Venture capital firm Andreessen Horowitz (a16z) led the fundraise. The company will use the capital to build its second title Foragers and Fighters, and hire more talent. Other investors that joined the round include Ancient8, Animoca Brands, and Gumi Cryptos Capital, to name a few (CD).
- In efforts to bolster its Web3 initiatives, automobile powerhouse Porsche has unveiled its upcoming NFT collection during the Art Basel in Miami. The project will feature the works of Hamburg-based designer/3D artist Patrick Vogel. Furthermore, holders of the Porsche NFTs are granted exclusive access to various experiences, both in the metaverse and the physical world (P).
- Avalanche-based sci-fi MMO/RTS game Pulsar is set to launch the game on its Discord server. Community members will get the chance to download and access the project’s Miner Tutorial build via the Launcher. Moreover, players will be able to enjoy the game’s mechanics including mining, refining, building, and engaging in battles (TW).
- Mining simulation game Sunflower Land has been selected as finalist for “Start Up of the Year” in Blockchain Australia’s upcoming Blockies 2022 awards. The event recognizes Web3-based projects, companies, and individuals for their achievements in the space (TW).
- Seoul-based Web3 game developer Mantisco has onboarded its Ascent Program through a partnership with London’s top Web3 accelerator Outlier Ventures. Basically, the collaborative project will help Mantisco with token design and economy, community building, and funding, among others (INN).
- Web3 gaming wallet Glip announced that it has secured $2.5 million in a fundraising round. Early stage venture fund Hashed Emergent led the round along with Beenext and existing investor Prime Venture Partners. According to Glip founder and CEO Parth Choudhary, the company’s mission is to “build the world’s largest Web3 gamer platform” (UT).
- Decentralized fundraising platform PolkaStarter’s GAM3 Awards event has recently revealed the nominees for various game categories. More “laid-back” projects were also given the chance to shine with the “Best Casual Game” award. Titles included in this bracket include Blankos Block Party, Thetan Arena, My Pet Hooligan, Axie Infinity, and Legends of Venari (TW).
- Top NFT marketplace OpenSea has announced plans to integrate Binance’s ecosystem – the BNB Chain – on its own Seaport Protocol before the end of the year. The new marketplace protocol will allow users to buy, list, and trade BNB Chain NFTs on OpenSea. According to BNB Chain investment director Gwendolyn Regina “the integration will bring a large number of creators,” to the ecosystem (CT).
- In other related news, Binance NFT (Binance’s digital asset marketplace), has launched the “Mike Tyson Golden Mystery Box” NFT collection. Set to drop on the 1st of December, the project consists of 4,750 digital collectibles priced at 44 $BUSD per piece. In addition, the lucky owner of a Gold NFT will grant its holder a chance to meet the legendary boxer in person (BSCN).
- Thought-provoking artist/photographer Andres Serrano is re-launching his 1987 photograph titled “Piss Christ,” as his first NFT project. The iconic collection will be part of the leading British auction house Christie’s “NextWave: The Miami Edit,” digital art sale. Widely considered as “transgressive art,” Serrano’s work usually employs offensive elements to shock his crowd (C).
- Technology company ClickStream Corp’s subsidiary Nifter has started a $40 million seed funding round. The entity plans to utilize the capital for global expansion, asset acquisition, and large-scale marketing. Nifter also launched its Beta version at the Art Basel in Miami, which showcased the NFT music marketplace’s foray into other mediums such as visual art and collectible memorabilia (BW).
Into the Metaverse
- A team supported by long-reigning UFC lightweight champion Khabib Nurmagomedov has launched an online “Museum of Footballs” in the metaverse. Previously, the company had amassed a vast collection of footballs from some of the most important tournaments in history, before transitioning to Web3. Furthermore, the project is also dropping its “vFootballs” NFT collection in mid-December (GNW).
- Metaverse and entertainment company Infinite Reality (IR) has unveiled plans to release a suite of immersive digital technology products. With the introduction of IR’s plug-and-play virtual environments “Infinite Skybox Infinite Showroom” and “Infinite Mainstreet,” the latest offering will redefine experiences in the virtual world including live events and online shopping (INN).
- Blockchain-focused medicinal marijuana advocate CannaVerse Technologies has created a metaverse for the cannabis community. Dubbed “Cannaland,” the platform is a one-stop shop for everything pot-related. In the long run, the virtual world aims to offer more immersive entertainment and shopping experiences to its patrons (CT).
- Web3-based luxury fashion brand Cult & Rain is dropping a “Core Collection” which consists of 250 limited edition physical sneakers. The shoes are based specifically on popular designs from Cult & Rain’s Genesis collection. Moreover, fans can purchase the sneakers through the company’s metaverse shopping and e-commerce platform Cultr World (PRN).
More From the Blockchain
- Solana-based crypto wallet Phantom announced plans to add support for competitor blockchains Ethereum and Polygon. The update will cover desktop, iOS, and Android apps as well. “We are excited to bring the Phantom experience to the wider Web3 community” Phantom CEO and co-founder Brandon Millman said in a statement (DC).
- The Tezos Foundation has entered into a professional services agreement with cross-platform game engine Unity. Tezos Foundation focuses on promoting and developing the Tezos blockchain ecosystem, as well as other related technologies. The partnership will make use of Unity’s Accelerate Solutions group to create a Web3 blockchain software development kit (SDK) (CN).
Stay up to Date
Subscribe to our newsletter: Web3 Gaming News and Research