Tokenized Walking Dead Ethereum-based NFT metaverse “The Sandbox” has partnered with Skybound Entertainment to incorporate a Walking Dead game in the virtual world. The Walking Dead is famous thanks to the TV show, however, the story and characters are based on original comics from Skybound Entertainment. The Sandbox is owned by NFT game and property developer Animoca brands, with the firm describing it as “part virtual real-estate, part amusement park.” It already has an impressive list of existing partnerships such as The Smurfs, Care Bears, Atari, Deadmau5 and CryptoKitties. “The team will give users the possibility to get pieces of …

French video game developer Ubisoft is furthering its blockchain ambitions by joining the Aleph.im network in the capacity of channel node operator, setting the stage for further collaboration with the distributed cloud platform. As a core channel node operator, Ubisoft is contributing to Aleph.im through staking, validating and managing the decentralized network. While all nodes are able to join the network, its status as core channel node activates only after it has staked 500,000 ALEPH tokens. Jonathan Schemoul, founder and CEO of Aleph.im, said the company’s “primary mission is to make decentralized cloud services a reality.” “At Ubisoft, we believe …

Every day, we hear of more involvement by big industry players (for example, Epic Games and Roblox) as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected digital experiences. The problem is that none of this matters until netizens are able to truly own digital assets. And it all starts with gaming. Video games make us feel like we can do anything. These virtual worlds of limitless potential allow us to transcend the realities of everyday life as we become heroes. They give us the sense that we are in control of our own destiny. Games …

Distributed ledgers, in the form of blockchain technology, are jostling their way into financial markets, healthcare systems and the global supply chain, but perhaps the most significant disruption has yet to come. In recent months, nonfungible tokens (NFTs) have taken the spotlight as a stamp of legitimacy for digital goods, ranging from art to worn-out internet fads. However, the gaming industry is uniquely suited for the integration of NFTs, something already recognized by several notable entities in the gaming industry, particularly Sony, Ubisoft, GameStop and even Sega. If you find this hard to conceive, the analogy of the livable arcade …

Eagle eyed denizens of Crypto Twitter have spotted a mistake in the NFT of the web’s source code famously auctioned at Sotheby’s this week. The auction of “This Changed Everything” on June 30 with a $5.4 million sale and was offered by its inventor, Sir Tim Berners-Lee. The NFT dubbed consists of four elements: the original source code, an animated visualization of the code, a letter written by Sir Tim reflecting on his creation, and a digital poster of the full code. Despite the sale having a direct connection to Sir Tim, whoever it was that converted the original text …

A virtual plot of real estate situated within the Ethereum-based open-world game, Decentraland, has sold for more than $913,000 — valuing the intangible property on par with the average price of a real world house in Brooklyn, New York. Virtual real estate is sold in the form of nonfungible tokens (NFTs) dubbed LAND in Decentraland, with the digital plot being sold to virtual real estate-focussed investment firm, Republic Realm. The plot actually represents 259 parcels of digital land, with the transaction settling for 1,295,000 of Decentraland’s native MANA tokens — worth roughly $913,000 at the time of sale. On Twitter, …

Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be used to invest in nonfungible token, or NFT, assets of play-to-earn games, the company announced Wednesday. YGG describes itself as a decentralized gaming guild of players who generate yield from NFT-based games. Gabby Dizon, YGG’s co-founder, further explained the rationale behind the guild: “At its core, YGG is a community of play-to-earn gamers. Think of it as a massively …

Los Angeles-based NFT games developer Mythical Games announced a $75 million Series B financing with new and existing investors. The company plans to use the fund to popularize ownership in games through playable nonfungible tokens (NFTs). The funding round was led by WestCap Group. Other participants include 01 Advisors, Gary Vaynerchuk’s VaynerFund, Galaxy Digital, Javelin Venture Partners, Alumni Ventures and Struck Capital. The game developer studio raised a total of $120 million so far. Mythical Games is working on blockchain-based games, specifically games that use playable NFTs. The company is led by its CEO John Linden, who was the president …

The community behind Guild of Guardians, an NFT-based role-playing game, appears to be enthusiastic about the forthcoming title after they snatched up nearly all of the NFTs that were part of the so-called founder’s sale. Since going live earlier this week, Guild of Guardians’ NFT sale has raised over $3 million, the company announced Wednesday. The title raised $2 million in the first hour of the founder’s sale and $2.8 million in the span of 24 hours. The sale featured a collection of playable in-game NFTs ranging from $200 to $100,000 in value. The NFTs will become playable once Guild …

An immersive blockchain game where players vie to collect Immortal Shards has announced the launch of play-to-earn elements — enabling devoted gamers to earn recognition for their skills and combat cred. HodlGod’s new feature means that an array of nonfungible tokens and raffle tickets will be dropped randomly in the middle of gameplay, emerging above a character’s head. However, collecting these NFTs isn’t enough… you need to survive until the end of the game in order for them to be truly yours. This approach is set to make playing HodlGod even more competitive than it was before — not least …

NFT-focussed game developer Animoca Brands has announced the completion of an $88,888,888 capital raise based on a valuation of $1 billion. The raise was announced on Thursday, with participants including Kingsway Capital, HashKey Fintech Investment Fund, RIT Capital Partners and Huobi. Up to 93.4 million newly issued shares in Animoca Brands will be distributed to the investors at a subscription price of $0.85 each. Animoca Brands co-founder and chairman Yat Siu noted that its strategic investors share the company’s “vision for NFTs redefining equity and property rights online.” Kingsway founder and CEO Manuel Stotz added: “The emergence of digital property …

An Axie Infinity player from the Philippines bought two houses with his earnings from the popular crypto-powered play-to-earn game. Earlier this month, 22-year-old John Aaron Ramos, who plays under the pseudonym “Magnus TV,” took to social media to announce that he had purchased two houses in the Philippines from profits earned playing Axie Infinity. In the post, Ramos attributes the purchases to the surging price of Axie’s in-game token Smooth Love Potion (SLP), which rallied 940% from $0.035 on April 24 to more than $0.364 on May 2. SLP has since retraced 45% and last changed hands for roughly $0.20. …