While all categories of blockchain have been blazing hot in 2021, gaming took the top spot with nearly 13% of all investments.Footprint Analytics: Number of Investment by CategoryWith the seasons seemingly moving from DeFi to NFT and now to GameFi, the second half of the year was overtaken by huge gaming announcements and figures. For example, on August 6th, Axie Infinity … [Read more...] about Will GameFi be a new battlefield for blockchains?
GameFi
Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects
Binance Smart Chain (BSC) and Animoca Brands are launching a $200 million investment program to incubate early cryptocurrency-focused gaming projects building on BSC.BSC and Animonica announced Dec. 6 that they are co-investing up to $100 million each to support game projects in the GameFi sector.One of the largest blockchain ecosystems, BSC will be investing from its $1 … [Read more...] about Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects
Animoca Brands and Hex Trust Partner to Provide Institutional-Grade Wallets for GameFi
Animoca Brands and Hex Trust are partnering to provide institutional-grade wallets and financial services for online gamers, the two companies said in a press release on Thursday.Animoca Brands is a leading investor in decentralized gaming and non-fungible tokens (NFTs)—with a $2.2 billion valuation as of October. Hex Trust is a crypto custodian and financial services provider … [Read more...] about Animoca Brands and Hex Trust Partner to Provide Institutional-Grade Wallets for GameFi
GameFi Opens New Paths for Financial Inclusion
Widespread blockchain technology and cryptocurrency adoption are rapidly advancing blockchain-based gaming. GameFi is the term for the combination of DeFi and gaming, where gamers can earn financial incentives through playing games. By improving their characters and moving up levels, gamers can create value, which, because it’s stored on a blockchain, is owned by them and not … [Read more...] about GameFi Opens New Paths for Financial Inclusion
Solana-Based GameFi Title Genopets to Partner With Yield Guild Games
“Some of these guilds are literally using spreadsheets to keep track of their players’ earnings,” Jay Chang, co-founder of Genopets, told CoinDesk in an interview. “Our system saves everyone time, and lets the guilds focus more on other things, like the educational component.” Source link … [Read more...] about Solana-Based GameFi Title Genopets to Partner With Yield Guild Games