The landscape of non-fungible tokens (NFTs) is seeing a shift in South Korea, with major retail companies like Lotte, Hyundai, and Shinsegae announcing their departure from the NFT market. This decision comes as a response to the slowdown in the industry and a strategic redirection of resources towards core business operations. Major Retail Companies Exit
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Gamee, a hypercasual gaming platform operating under Animoca Brands, has witnessed a surge in activity within its network recently. While initially running its games on the social app Telegram, the pivotal moment that propelled Gamee to new heights was the $15 million hack of Polygon in early 2024. This incident led to the transfer of
Parallel, a groundbreaking NFT-based card game powered by Ethereum, made an impactful debut on the Epic Games Store, marking a significant milestone in the digital gaming realm. With a team of industry veterans from renowned companies like Blizzard, Epic Games, and Ubisoft, Parallel brings a fresh and innovative approach to the gaming industry. Immersive Sci-Fi
Gangster Arena 2, the latest release from Uncharted, sets a new standard for degen gaming on Blast platform by offering a unique blend of mobile idle tycoon mechanics and PVP game theory. Unlike traditional games, Gangster Arena 2 challenges players to immerse themselves in the role of a mob boss, strategically increasing their gang’s reputation
Animoca Brands Corporation Limited and its subsidiary Bacasable Global Limited have recently announced that their user-generated content platform, The Sandbox, has successfully raised $20 million in funding. This funding round includes a valuation cap of $1 billion for the platform, solidifying Animoca’s reputation as a pioneer in advancing digital property rights within the open metaverse.
The Arbitrum Foundation, known for its Ethereum Layer 2 scaling solution, has taken a bold step towards fostering growth in the gaming industry within its ecosystem. By approving a proposal to distribute 225 million ARB tokens, valued at approximately $215 million, over the next three years for the Gaming Catalyst Program (GCP), the foundation aims
Overworld Arena, the latest expansion from Xterio, is making waves in the world of web3 gaming. This new mini-game is designed for browser play, offering players the chance to engage in PVP betting without the need for NFTs, making it accessible to a wider audience. The incorporation of blockchain technology in Overworld Arena showcases the
McDonald’s Singapore has taken a bold step into the world of metaverse with the introduction of “My Happy Place,” a digital environment created in partnership with Bandwagon Labs. This innovative platform, accessible through the McDonald’s app, offers users a mix of virtual and real-world experiences, with exclusive benefits for owners of the 2023 Grimace NFTs.
The metaverse is no longer a distant concept. It’s here, transforming the digital world and how we interact within it. Creating a metaverse app is a complex yet rewarding endeavor. It requires a blend of creativity, technical prowess, and an understanding of the digital landscape. This guide will walk you through the process of creating
The collaboration between MetaMask and HyperPlay has ushered in a new era for Web3 gaming, revolutionizing the way users interact with blockchain technology in the gaming world. By introducing a games directory into the MetaMask Portfolio, this partnership aims to streamline the user experience and bridge the gap between traditional and blockchain gaming platforms. The
