The Future of Gaming on the Blockchain
The GameFi space is a huge, evolving space that’s constantly innovating as time goes on. Traditional game development studios are seeing the huge amount of investment capital in the space and are looking to see how the blockchain could solve some of the problems they face, or, enhance a players experience.
Niantic, the company behind Pokémon Go, starting to explore the blockchain
Earlier this year, Niantic had met the team behind SpotX Games, a Miami-based company that describes itself as “a web3 innovation studio for the real-world metaverse”. Hanke was taken with SpotX’s work and acquired the studio. “The potential for web3 is to move us back — to a more decentralized version of the internet,” Hanke said. “And to recapture some of that spirit and vision that was there when it started.”
Game developer Akatsuki announces $20 million web3 fund
Japanese entertainment and gaming firm Akatsuki said on Wednesday that it has raised a $20 million fund focused on investing in web3 projects. The fund, dubbed Emoote, will look to back startups working on projects in GameFi, non-fungible tokens (NFTs) and the metaverse, Akatsuki said in a press release. The name Emoote was chosen to signal that NFT consumption is based on “emotional values,” Akatsuki added.
WWOC: The creator of Elon Musk’s favorite cryptocurrency co-creator says he’s a ‘grifter’ that doesn’t understand coding ‘as well as he made out’
Jackson Palmer, the Australian co-creator of Dogecoin, recently spoke to Australian news outlet Crikey where he gave his opinion of our new twitter overlord. Jackson described Mr Musk as “a grifter” who “sells a vision in hopes that he can one day deliver what he’s promising, but he doesn’t know that. He’s just really good at pretending he knows.
What we cover in this episode:
- Market Recap
- Why the company behind Pokémon Go is getting crypto-curious
- Game developer Akatsuki announces $20 million web3 fund
- Arcane Research finds Ethereum GameFi Activity Collapses By 96%
- WWOC: The creator of Elon Musk’s favorite cryptocurrency co-creator says he’s a ‘grifter’ that doesn’t understand coding ‘as well as he made out’
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