What Is NFL Rivals? Web3 Gaming By Square Enix? Playstation And Metaverse!? | Weekly GameFi Update (Week 20, 20/05/2022 – 26/05/2022) | crypto.com
Crypto.com Accelerate the... 27.05.2022 11:23
Square Enix to heavily invest in Web3 gaming after selling Tomb Raider franchise. Sony dives into the Metaverse using the Playstation platform.
Key Takeaways
In its Q1 earnings report, Square Enix revealed that they plan on heavily investing in Web3 gaming, including implementing NFTs in more of their games and issuance of their own tokens. The gaming giant sold the rights to Tomb Raider, among other titles earlier this month to make way for the sweeping changes.
In their latest annual corporate strategy meeting, Sony announced their intention to dive into the metaverse. The electronics giant plans on using the Playstation brand to “create new experiences in the area of the metaverse”.
a16z has announced a US$600M Web3 gaming fund, named “GAMES FUND ONE”. The initiative will go towards gaming studios and other companies building infrastructure for Web3 titles.
The total market cap for GameFi tokens now stands at US$35.47 billion, down -1.48% from last week.
Highlights
Saga raises US$6.5M seed round to help build dedicated blockchains for gaming and entertainment
Azra Games raises US$15M for play-and-earn RPG with NFTs
The Smurfs village to debut in the metaverse after partnering with The Sandbox
Gap partners with Roblox for metaverse experience
Pantone partners with Spatial Labs for metaverse wearable hardware product
Zoom introduces new metaverse meeting feature in beta
Apple unofficially targeting the metaverse with mixed reality headset
Soap brand Dove files metaverse patents
Metaverse social app BUD raises US$36.8M in Series B funding
World Economic Forum jumps on the metaverse craze with virtual global collaboration village
Boss Cat Rocket Club builds first all-inclusive metaverse on Cardano
NFL and Mythical Games to launch ‘play-and-own’ NFT game ‘NFL Rivals’
Game Updates
Nitro League updates roadmap for its racing metaverse
Crypto Blades introduces its largest patch to date
Decentraland is postponing The Wearable fee changes
Sorare adds scarcity filter
Shine Fusing goes live on Gods Unchained
Realms of Ethernity staking goes live
Top Gainers and Losers
Top Games Metrics
Top 15 Largest Tokens by Market Cap
Daily Gamers by Blockchain
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