All the Player 1s & Player 2s are welcome!

In today’s digest:

• Crypto metaverses are gaining popularity following Mark Zuckerberg’s latest announcement.
• Ubisoft could release cryptocurrency games in the near future.
• Electronic Arts (NASDAQ 🙂 has not yet entered NFTs. However, it is actively seeking blockchain experts.
• Midway has teamed up with Lucas Films, Disney and Lucas Films to make an NFT video game.
• Funding parade: Animoca Brands raises $93M for The Sandbox. Blankos Block Party gets $1.25B valuation from A16z. Binance invests $1M to fund a game called Play-to Earn about Sharks.

Metaverses Become a New Gaming Trend following Facebook’s Announcement

This week’s milestone in crypto gaming was not surprising, and it is thanks to Mark Zuckerberg, who made the crucial business decision of renaming Crypto Gaming. Facebook Inc (NASDAQ:). Meta Platforms Inc. They seem to be moving in the direction of digitizing society.

In addition to hype, there were many sentiments in the crypto community about the announcement. Axie Infinity’s co-founder in particular disliked that Meta’s new logo is too similar to his game.

On the other hand, the popularity of crypto metaverses skyrocketed as Decentraland, The Sandbox, and Enjin’s coins and tokens each gained by approximately 300% in value.

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• Yes, the whole world uses Meta’s products and services, such as Facebook, Instagram, WhatsApp, and even Oculus. The audience reach is far greater than the amount of crypto users. Though this means a wider draw, it’s upsetting that most of the crypto metaverse’s cumulative developments will be used by the giant while its true creators may be forgotten.

Ubisoft’s CEO has hinted that their games might feature NFTs or blockchain in the future

Some of the most prominent players in traditional gaming are now open to praising NFTs and other metaverse technologies, riding the hype wave. Ubisoft, which has invested in Animoca Brands and backed Nine Chronicles as well as organizing events for crypto developers, is a known supporter of cryptocurrency gaming. However, Ubisoft had not made any announcements about the future use of NFTs and blockchain technology in their games.

Recently, the company’s CEO, Yves Guillemot, claimed that the gaming industry is “changing regularly with lots of new revolutions happening” and Ubisoft “will imply more play-to-earn that will enable more players to actually earn content, own content…”

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• This statement can be interpreted two ways: either for the implementation of NFTs into pre-existing projects, like Assassin’s Creed and Far Cry, or the creation of brand-new IPs based on blockchain technology.

EA has yet to enter NFTs but is still looking for blockchain specialists

Another of the biggest players in the traditional gaming industry, Electronic Arts, has also had its say on play-to-earn games, as CEO of the company, Andrew Wilson, echoed the sentiment that blockchain gaming is “the future of our industry.”

The company has decided to not rush to it like Ubisoft. Despite being in the best position, with licenses to FIFA and the NHL as well as the NBA, to create digital collectibles of sport, however,

On the other hand, the company’s job listings, for senior directors with blockchain and NFT experience in multiple offices, are still open, and have been since summer.

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• EA may soon lose its FIFA exclusive license. EA could also have used the FIFA license to produce official NFT collectibles which could have been used for their AAA football game.

Midway brings together developers from Lucas Films (Disney), Lucas Films (Activision) and Lucas Films (Lucas Films).

Blockchain games are growing in popularity, even though Mark Zuckerberg has not announced it. Former employees of Lucas Films, Disney Midway and Activision have teamed up to develop a AAA-decentralized blockchain game.

MetalCore will be an MMO that focuses on mecha and support up to 100 players per arena. No gameplay footage has yet been released, but we do have the first trailer. The game will fully support NFTs, which are set to be auctioned in January 2022, though the game’s official release date hasn’t yet been announced.

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• We need gameplay videos to be able to draw any conclusion, even though we have a great list.

Funding Parade: Animoca Raises $93M for The Sandbox, A16z Backs Blankos Block Party’s $1.25B Valuation, Binance Invests $1M into a Play-to-Earn Game about Sharks

Mark Zuckerberg likely didn’t even notice how he opened the tap, and money flowed into the crypto gaming industry. This week has seen a steady stream of investment into promising multiverses- and NFT-based projects.

First of all, Mythical Games, the creators of Blankos Block Party, the first NFT-featured game to be presented at the world’s biggest gaming expo, E3, reached $1.25 billion in valuation after Series C investment funding.

Second, SoftBank Vision Fund invested their largest ever amount in a cryptocurrency project. This provided The Sandbox with $93 million of war cash. LG, Samsung (KS), and Liberty City Ventures are some of the other backers.

Binance Labs, an incubator and venture capital firm, has invested over $1M in Star Sharks. This is a metaverse of crypto-marines.

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