5 News Which Will Make You Bullish On Web3 Gaming.
Web3 games are digital games that use blockchain technology as their underlying component.
Did you know, As the Web3 concept is new, very few promising projects are working on the evolution of the web3 gaming industry this confirms that we are early to Web3 Gaming.
Key Takeaways:
FITCHIN launches Web3 gaming and esports community Playground
Immutable raised $500 million to promote web3 gaming
The Web3 gaming Platform GameInfinity announces the presale and Airdrop
MPL forays into web3 gaming, in talks to raise $10-$15 million
Red Door Digital raises $5M to build Web3 games
FITCHIN launches Web3 gaming and esports community Playground
Fitchin has launched a Web3 gaming platform that integrates crypto, NFT blockchain games, and esports.
FITCH is a Web 3.0 Gaming Community Playground that unites esports teams, providers of content, and fans by giving gamers everything they want in one place: exciting competitions, social interactions with pro players, NFT collectibles, and more."
Santiago Portela, CEO of FITCHIN said “FITCHIN is the partner of choice for professional esports teams and content creators that want to grow their fan base through value-add experiences, while also generating new revenue streams.”
The platform provides monetized engagement and helps the teams to grow their fan base.
Immutable raised $500 million to promote web3 gaming
An Australian-based Web3 gaming firm Immutable ($IMX) has launched a $500 million venture investment fund to boost the adoption of Web3 games and Web3 projects.
“We see gaming being one of the biggest opportunities in web3 to have ever existed, and The total addressable market is going to be enormous and much bigger than what gaming is today — a $100 billion industry for in-game items alone,” said Robbie Ferguson, president, and co-founder of Immutable,
According to Immutable, the fund will collaborate with crypto and gaming investors including GameStop, Animoca, Arrington Capital, Double Peak, Airtree, King River Capital, and BITKRAFT.
Immutable has also raised $200 million in a Series C funding round in March 2022, which was led by Singapore state investment fund Temasek at a $2.5 billion valuation.
GameInfinity - The Web3 gaming Platform announces the presale and Airdrop
GameInfinity’s Web3 token airdrop and presale are LIVE, also GameInfinity to launch its 4th Web3 game in the Mid of August.
GameInfinity is a BSC-based fully decentralized Web3 gaming platform built for gamers to play games, earn $GAMEIN (P2E), and built their Web3 game profile.
The platform the GAMEIN token at $0.0027 per token and will be listed on PancakeSwap at the price of $0.015.
The platform is running with 3 web3 games, 70000+ gaming sessions with 20000+ verified users, and constantly growing.
20+ games to be launched by the end of 2022 Q4, according to the project roadmap.
MPL forays into web3 gaming, in talks to raise $10-$15 million
MPL is reportedly in talks with Spartan Capital and Polygon to raise $10-$15 Million USD for its new Web3 gaming project.
Mobile Premier League (MPL) is India’s largest eSports and mobile gaming platform that consists of numerous puzzle games, Quiz games, sports games, and more.
This gaming app offers real cash prizes for playing your favorite mobile games.
The platform is launching a new web3 gaming venture, GGX (expected to be NFT marketplace), as the gaming unicorn taps the play-to-earn (P2E) game sector.
Red Door Digital raises $5M to build Web3 games
Taiwan-based gaming firm Red Door Digital (RDD) has closed a $5 million seed round to build high-quality games for the emerging Web 3 ecosystem.
Red Door Digital is a developer of blockchain games and gaming applications for metaverse communities.
“Web 3 and the metaverse might be buzzwords right now, but more immersive online interactions is the undeniable trajectory for gaming, and we want to make games that bring mainstream gamers on board,” said Joseph Derflinger CEO of RDD.
Red Door Digital currently has three titles under development, with the first, Reign of Terror, set for release in the summer of 2022.
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