Atari has announced the creation of a new blockchain division as part of an organizational shuffle within the company. In a press statement issued on Tuesday, the gaming behemoth revealed the creation of two new divisions — Atari Gaming and Atari Blockchain. The former will focus on continuing the developmental work on Atari’s catalog of popular retro gaming titles as well as the rebooted VCS consoles. As part of the announcement, Atari also revealed that current CEO Frédéric Chesnais will head the Atari blockchain division, while Wade J. Rosen will take over as the new company chief executive. Before the …
Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or NFTs, across all its games. Immutable X is a layer-two solution for the Ethereum blockchain, created by Immutable — the team behind the Gods Unchained trading card game. It aims to promote NFT adoption by reducing gas fees and allowing for more dynamic game mechanics. The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers, including SuperfarmDAO, Illuvium and Mintable, shortly …
Gaming decentralized application Alien Worlds announced on Monday that it had successfully raised $2 million in a sale of its utility token, Trilium (TLM), to selected private investors. Alien Worlds is currently the number-two-ranked gaming DApp by number of users, according to DappRadar. Investors in the recent token sale included Animoca Brands, developer of The Sandbox and F1 DeltaTime; Longling Capital, which created China’s Meitu app; 3Commas; and Digital Assets Group. Alien Worlds is a decentralized finance metaverse in which planets are run as decentralized autonomous organizations. Trilium is used as a governance token across these six DAOs and has …
The use of blockchain in crypto-based games could be a hinderance to the adoption as well as an exciting unique selling point. Now, before you start taking up your decentralized pitchforks and demanding that I be immediately chased out of Blockland and never spoken of again, please let let me explain. This is not a suggestion that blockchain games are bad, or that the addition of blockchain is detrimental to games. On the contrary, there are hardly any existing genre of game which couldn’t be greatly enhanced through the integration of blockchain elements. From provable fairness and permanent immutable ledgers …
The value of the Decentraland (MANA) token climbed 31% leading into March 9, following news that classic game manufacturer Atari would set up a gaming casino inside Decentraland’s virtual realm. Announced on March 8, a partnership between Atari and Decentral Games will see the launch of Atari Casino within Decentraland this coming May. The casino is expected to feature various Atari-themed games, playable with MANA tokens, the DAI stablecoin, Decentral Games’ own DG token, or Atari’s eponymous Atari Token (ATRI). Decentral Games is a community-owned ecosystem-based inside Decentraland, which is governed by its own users with the help of a …
Non-fungible token-focused investment firm Polyient Games is launching a new online tournament to introduce mainstream gamers to the crypto space. In an announcement today, Polyient Games said it would be partnering with esports tournament platform Community Gaming for a $100,000 series featuring games using non-fungible tokens, or NFTs. The esports games will reportedly “function as a method of introducing mainstream gamers to the world of cryptocurrency and blockchain assets” by allowing players to acquire digital collectibles and use NFTs as in-game items. "The marriage between decentralized technology and gaming will be one of the most significant themes of the coming …
Video games and online gaming have become some of the largest industries on the planet over the past 30 years as digital technology and the internet have interconnected people from around the world and transformed us into a global society. Decentralization and blockchain technology are gathering steam as a transformative new way to operate and build an ecosystem, and Ultra is one gaming-focused project that has been gaining momentum in recent months. Ultra, a blockchain-based PC game distribution platform, is created for gamers and game developers and allows users to develop multiple revenue streams, including the ability to resell games …
The popularity and sale of NFTs have exploded over the past few months as many artists and collectors have been consistently selling entire NFT collections for millions of dollars. One platform that has emerged as a fan favorite is Axie Infinity (AXS), a blockchain-based trading and battling game inspired by games like Pokémon and Tamagotchi. In the game, players collect, breed, raise, battle and trade token-based creatures known as Axies. In the past two months, the market cap for AXS has increased 600% from $19.25 million to its current value of $115 million as users rush to the platform for …
France-based game publisher Ubisoft just launched One Shot League, a new free-to-play fantasy soccer game powered by crypto assets. One Shot League was developed by the Ubisoft Strategic Innovation Lab in collaboration with Sorare, an Ethereum-based fantasy soccer game built around collectable cards in the form of NFTs. Discover an all-new fantasy football experience with One Shot League! Developed by the Ubisoft Strategic Innovation Lab, build your squad for the Belgian Pro League and win digital collectible @SorareHQ cards ⚽ #NFT — Ubisoft (@Ubisoft) March 2, 2021 They’ve partnered with the Jupiler Pro League, the professional soccer league of Belgium. …
The publisher of F1 Delta Time, Animoca Brands, announced a partnership with Ethereum layer-two solution, Polygon, on Feb. 18. Under the partnership, the entirety of the REVV token motorsport ecosystem will be deployed on the Polygon network, starting with the aforementioned F1 Delta Time. This will ensure that players are not hampered by excessive gas fees on the Ethereum blockchain. High gas fees can cripple blockchain-based games, as many in-game actions require performing a transaction to complete. As many such games offer opportunities to play-to-earn, this also limits (and in some cases can completely negate) the potential for returns. Polygon, …
Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services with zero set-up fees and no monthly minimums. The platform’s native FUN token is the fuel behind every function on the FunFair platform and players need to use it to place bets, and winnings are also paid out in the same way. FUN tokens are used to compensate game developers and pay for fees and services to affiliates and within the game. Since Jan. 28, …
The concept of yield farming has gained a lot of traction over the past year or so particularly because it enables crypto owners to stake their assets in return for tangible returns within short time windows. And while the thought of earning a profit on one’s investment may not be new at all, the idea behind yield farming — where users can earn rewards for making use of a particular DeFi application — is largely confined to the purview of the decentralized finance sector. Also, much like yield farming, nonfungible tokens, too, have become extremely popular over the last couple …