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Web3 Gaming News Roundup (November 23, 2022)

Posted November 23, 2022 2:47 pm
7 min
By Jethro Sandico

Today’s Web3 gaming news roundup is packed with various advancements in the space. From established brands to startup projects, the blockchain is certainly teeming with life.

Big names that recently made some noise in Web3 include Disney, Kellog’s, PacSun, Playboy, Pepsi, The Smurfs, and Verizon, among others. Meanwhile, Non-Fungible Tokens (NFTs) and the metaverse continue to expand with developments from Artifract, Magic Eden, and The Sandbox, as well as celebrities Paris Hilton, Snoop Dogg, and Tony Hawk, among others.

Web3 gaming is also growing steadily with a plethora of upcoming projects. Gamers who have never heard of Ex Populus, CARV, Knockout, and Moonstream, can be easily forgiven, since new initiatives are born in the nascent space every day.

Join us as we cover the fast-paced world of Web3.

TOP STORIES

  • Popular metaverse game The Sandbox is launching its three-part “LAND” sale this week. Basically, LAND are pieces of virtual real estate NFTs that make up the open-world game. The project is a collaborative effort with popular brands such as Paris Hilton, Playboy, Tony Hawk, and Snoop Dog, among others (DC).

  • Entertainment giant Disney has reappointed former executive Bob Iger, an industry veteran whom the Web3 community views as a proponent of NFTs and the metaverse. Iger is well-known for leading the acquisitions of Pixar, Marvel Entertainment, and Lucasfilm, as well as the entertainment assets of 21st Century Fox (BIC).

  • NFT marketplace Magic Eden has announced plans to integrate with Ethereum Layer-2 (L2) scaling solution Polygon. The company plans to delve deeper into Web3 gaming and NFT ecosystems. Other brands that also integrated with the protocol recently include Disney, Instagram, and Starbucks (TC).

  • Beloved little blue cartoon characters The Smurfs are joining game-based learning metaverse The Winkyverse. “We know that the Smurfs have a special place in children’s hearts, so driving educational content is really important for us,” stated Fabienne Gilles, Head of Consumer Products and Business Development at IMPS, the official licensors of The Smurfs (BSCN).

Web3 Gaming

  • Over the previous weekend, food manufacturing corporation Kellog’s entered the world of Web3. Subsequently, the breakfast cereal brand unveiled plans to create NFT characters based on Pop-Tarts for MMO/Party game Blankos Block Party. In mid-September, Fornite Creator Epic Games’ marketplace listed Blankos as its first NFT game (NFTG).

  • Web3 gaming ecosystem Ex Populus has acquired LAMO, an entertainment package that offers a PC game, augmented reality (AR) experience, and a toyline. The entity made a name when it licensed several top tier gaming streamers and turned them into playable characters in its own PC game. The release was also accompanied with collectible interactive vinyl figures (INN).

  • Los Angeles-based Web3 game credential company CARV announced that it has raised $4 million in a recent seed funding round. The project’s lead investor is global investment firm Temasek’s venture capital subsidiary Vertex. Basically, the platform allows players to aggregate their gaming data across various Web3 titles (LI).

  • Mobile entertainment and gaming platform builder Live Tech Games has launched KnockOut. The new project is an interactive game that also employs a live trivia tournament model. To kick things off, KnockOut will feature the ongoing World Cup series as its focal point. Additionally, British free-to-air public broadcast television network ITV will provide coverage of the global sporting event (EG).

  • Moonstream, an economic infrastructure Web3 engine for blockchain games, has won a spot in the Startup Battlefield 200 at TechCrunch Disrupt 2023. Basically, the judges will select from thousands of early-stage startups. The remaining top 20 will vie for TechCrunch’s $100,000 top prize (NW).

  • Tokyo-based virtual reality (VR) game developer Thirdbase has raised $15 million in a recent third-party funding round. The company plans to use the capital to recruit more talent and build new projects. Some of the titles under Thirdbase’ portfolio include Captain Tsubasa – Rivals and Swords of Gargantua (VB).

NFTs

  • Recently, soft drink corporation PepsiCo has introduced an NFT collection for the Indian market. Dubbed “Pepsi Black Zero Sugar,” the project features 20 artworks by illustrator Timea Balo. “With Pepsi Black’s ‘Zero’ sugar philosophy at its core, these collectible art NFTs have been designed keeping in mind the passion points those youngsters can connect and relate with,” PepsiCo India design director Tanu Sinha stated (FE).

  • Sales for the Saudi Arabia-themed NFT collection “The Saudis” skyrocketed up to 387%. This is due to the Saudi team’s rare win against football powerhouse Argentina, at the Qatar World Cup. On the other hand, the Lionel Messi-led team’s token $ARG dropped by 21% in a 24-hour time frame, after the underdog squad demolished them 2-1 (CD).

  • Video game publisher Rockstar Games has banned NFTs and cryptocurrencies from fan-operated servers for Grand Theft Auto V. Apparently, players have been using blockchain-based tokens to provide them unique ownership of assets such as cars and weapons (DC).

  • Filipino NFT platform Artifract has formed a partnership with the Belvedere Museum, to promote NFTs of “The Kiss,” a famous work by Gustav Klimt, one of the greatest Austrian painters in modern history. The Belvedere Museum in Vienna is well-known for holding the largest collection of Austrian art in the world (MT).

Metaverse

  • Retail clothing brand PacSun continues to push their Web3 initiatives. The company has engaged in metaverse and digital fashion projects utilizing virtual reality (VR), augmented reality (AR), and 3D technologies. Furthermore, the California-headquartered brand also launched its “PACWORLD” project on game creation platform Roblox (HB).

  • Metaverse project Holoearth is slated to open a beta version of its lobby on November 24. The new feature, which also serves as a foyer to the project, allows players to communicate using avatars (SE).

  • Entertainment technology company Color Star Technology’s Web3 subsidiary Color Metaverse has formed a partnership with Moremoon. Basically, Moremoon is a cultural diffusion company, and the creators of the Zombies Cat project. The collaboration will focus on creating new metaverse contents, metaverse IPs and a metaverse theme park (PRN).

  • The recently concluded 2022 G20 Bali Summit saw the launch of a metaverse version of Indonesia’s future capital city Nasuntara. Jagat, a metaverse-based social platform, helped turn the project into a reality with the customizable features and immersive experiences that it can offer (YF).

More From the Blockchain

  • Telecommunications conglomerate Verizon recently received an award in Enterprise Transformation. The Blockchain Research Institute’s Web3 & Blockchain Transformation Awards (W3B Awards) granted the honors. The company’s “Hyperledger Fabric” technology was hailed for its capability to streamline invoice and dispute handling processes (V).

  • Venture capital company Digital Currency Group (DCG) CEO Barry Silbert assured its shareholders that DCG is safe from any financial collapse. Apparently, the company owes Genesis Trading $575 million worth of intercompany loans. Earlier this week, Genesis warned of looming bankruptcy, which is attributed to crypto exchange FTX’s epic downfall (DC).

  • Asset management firms Apollo Global Management and Hamilton Lane are launching new investment vehicles on the blockchain. The investment firms will utilize Web3-based financial services company Figure’s Digital Fund Services (DFS) platform. Basically, DFS will provide support for on-chain fund subscriptions, as well as administration and funding operations (TB).

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