Games news-Page 12
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess used to broaden the minds’ of Bitcoin (BTC) minors. Cointelegraph spoke to the creators of popular Bitcoin-related games and educational tools to understand why teaching kids about sound money is critical, and some of the best ways of doing so. SHAmory, a portmanteau of SHA-256 (the cryptographic function that hashes inputs in Bitcoin) and memory, …
Adoption / June 19, 2022
Fun first, finance second: How this game is transforming the world of play-to-earn
Play-and-earn games have become a significant part of the crypto ecosystem in recent months — and they've even enabled some players to make a living. But some titles have been criticized for failing to offer compelling gameplay — with critics claiming that NFTs and financial incentives suck the fun out of games. Monster Racing League, a multiplayer racing game, is aiming to change this by delivering an engaging experience that wouldn't be out of place on a major console. With a demo game already available, interested players are able to experience this for themselves. By combining skill and strategy, players …
Blockchain / June 16, 2022
Here’s how the Metaverse enables inclusivity for genderqueer people
In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant. It warrants a discussion on digital citizenship and the “inclusivity” of individuals and their identities in the virtual realm, and it provides new meaning for those with gender dysphoria or who identify as genderqueer. In the real world, there is a known bias against those who do not identify with the sex assigned to them at birth. According to a recent study, approximately 2.7% of …
Adoption / June 11, 2022
Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games
Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draft horses in its virtual NFT-based horse racing and wagering game. The latest move from Budweiser adds to the $120,000 it spent on nonfungible token fan art and the beer.eth domain name it purchased via the Ethereum Name Service in August 2021. Zed Run was founded by Sydney-based Virtually Human Studio in early 2019, and its racing horse NFTs initially went for around $30 to $80 to mint but have since gone on to be highly sought-after assets that trade for thousands of dollars on secondary …
Nft / June 8, 2022
Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity
On Tuesday, Sky Mavis, creator of the popular fantasy monster-battle nonfungible token (NFT) game Axie Infinity, announced that it had accepted the first user-created projects in its Axie Infinity Builders Program. Out of 2,000 applications submitted, just 12 were selected for the Builders Program. Among the many perks, chosen teams will receive a minimum $10,000 grant — denominated in Axie Infinity's governance token, Axie Infinity Shards (AXS) — to fund project development. They will also receive permission to monetize their game using the Axie Infinity brand with a revenue-share model. Notable projects include Across Lunacia, a platforming adventure for Axie …
Technology / May 31, 2022
GameStop unveils beta cryptocurrency wallet and upcoming NFT platform
American electronics retail firm GameStop has taken a step into the world of cryptocurrencies, unveiling a proprietary blockchain wallet that will feature nonfungible token functionality. The GameStop Wallet will allow gamers to acquire, send and store Ether (ETH), ERC-20 tokens and NFTs through a self-custodial browser extension running on the Ethereum blockchain. A mobile application is also in the works. It’s official! The GameStop Wallet is here. Download: https://t.co/dK2dmRmwRI — GameStopNFT (@GameStopNFT) May 23, 2022 The wallet will run on Ethereum’s Loopring layer-2 scaling protocol designed for decentralized exchanges, which boasts of high throughput, low-cost trading and payment capability. Users …
Adoption / May 23, 2022
Crypto gaming and the monkey run: How we should build the future of GameFi
You’ve seen it before. An amazingly talented gaming founder teams up with a top-tier studio, promising to create a wondrous game experience built on the industry’s most powerful engines. But then, it happens: It’s paired with a dubious shitcoin that launches well before even a morsel of game content drops. In the not-so-distant past, mainstream media may have referred to the hype-fueled crypto bull market — but, with Bored Ape floor prices still in the clouds, we’ll respectfully call it what it is: the monkey run. Market volatility aside, Metaverse evangelists still claim that Web3 finance will revolutionize the way …
Adoption / May 21, 2022
People want to be paid crypto to exercise in the Metaverse: Survey
A new survey has found that over 80% of people surveyed would be motivated to take up more physical exercise if they were paid in cryptocurrency for their efforts. The survey, which was conducted by fitness website FitRated, asked 1,001 Americans for their thoughts on blockchain-related fitness technology. The survey found that a staggering 40% of people surveyed would be willing to cancel their current physical gym membership for one in the Metaverse. 81% of respondents would be more motivated to stay fit if they were incentivized by cryptocurrency payments. Previously, a study conducted by the National Bureau of Economic …
Blockchain / May 20, 2022
How NFTs are making real estate investments more attainable
Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so many plots of land available in the world today unless explorers move beyond Earth’s borders. One more benefit of real estate is passive income since many real estate investors make money through rent payments that provide a steady income stream on top of the property’s value increase. Of course, leveraging a real estate asset makes the …
Blockchain / May 19, 2022
How will GameFi and P2E blockchain gaming evolve in 2022? Report
Crypto gaming has grown in popularity as more players collect and trade digital assets, generating a dependable income for game developers and creating value for players. In a recently published report, Cointelegraph Research shows how Axie Infinity gamers in the Philippines were able to earn their regular monthly salary in 2020 simply by playing the game, at a time when measures to prevent the spread of the COVID-19 pandemic brought economic hardship to the country. Axie Infinity is a powerhouse of play-to-earn (P2E) blockchain gaming, not unlike Bitcoin’s (BTC) status as the powerhouse of cryptocurrencies. Like Bitcoin, it has the …
Adoption / May 19, 2022
What is Sorare, and how to play it?
Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about what exactly Sorare is and how it works. What is Sorare? Sorare is a blockchain-based fantasy soccer game adored by many soccer fans worldwide. The founders of the platform want to give fans the opportunity to develop and play the game, even when they can’t play it on the field. Users can …
Technology / May 19, 2022
$3B flows to metaverse and Web3 gaming this month as a16z tips in $600M
Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million fund dedicated to gaming startups with a focus on Web3, saying it believes “Games infrastructure and technologies will be key building blocks of the Metaverse.” Dubbed Games Fund One, the fund will invest in three main areas: game studios, consumer applications — which support player communities, with Discord used as an example — and gaming infrastructure providers. The a16z team said “The coming Metaverse will be built by games companies, using games technologies” and that the industry has already “solved many of the problems that need to be solved …
Technology / May 19, 2022