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Final Fantasy creator reveals ‘aggressive investment’ in blockchain games

Final Fantasy creator Square Enix is set to double down on blockchain game development despite turbulence in the crypto market, according to a Jan. 1 letter from the Japanese company’s president, Yosuke Matsuda. The letter, titled “A New Year’s Letter from the President,” aimed to recap the company’s major accomplishments in 2022 and explain its plans for 2023. Out of 15 paragraphs, seven were about blockchain gaming, showing that blockchain gaming is a major focus of the company’s investing strategy going forward. ⚔An introduction to SYMBIOGENESIS ①⚔ Starting from today we’ll begin introducing Symbiogenesis, starting from the concept✨ Symbiogenesis is a new franchise by SQUARE ENIX, which brings real game utility ⚔ to 10000 collectible NFT artworks ...

Animoca Brands continues shopping spree with MotoGP mobile dev acquisition

One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gaming subsidiaries. The company announced the purchase of WePlay Media, which developed the popular blockchain-game MotoGP Championship Quest, on Sept. 16. According to the agreement, the acquisition is ian effort to bolster user engagement in motorsport mobile gaming.  Graeme Warring, the co-founder and chief operating o of WePlay Media and co-creator of MotoGP, called the acquisition an exciting development for both parties as they expand their reach to motorcycle fans across the globe. “Animoca Brands has the ability to reach hundreds of millions of users in core growth demographics to expand the sport’s fan base and create engagement opp...

How GameFi contributes to the growth of crypto and NFTs

The crypto industry has grown tremendously over the past couple of years, and one of its biggest drivers is the GameFi industry.  GameFi — a portmanteau of gaming and finance —enables gamers to earn rewards while playing. The market has been growing steadily and presently has a token market cap of approximately $9.2 billion. Notably, GameFi networks have continued to thrive despite the crypto winter. Indeed, the industry is forecasted to reach a $74.2 billion valuation by 2031. How GameFi networks work GameFi ecosystems are based on blockchain technology and use different in-game economic setups to reward players. The rewards are usually in the form of nonfungible tokens (NFTs) that are tradable on major marketplaces. The items are typically in the form of virtual lands, costumes and ...

ESL Gaming & EarlyGame Join Forces to Launch New Mobile Gaming Brand

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South Africans Score Big Through Nedbank-linked Game

Image sourced from PYMNTS. Expand, a mobile app that rewards players with cash and airtime for their knowledge and attention to brands, products, and services, has taken South Africa by storm. At 20:00 every weeknight, tens of thousands of people from every corner of the country are glued to their mobile device screens in an attempt to win their share of cash and airtime, and a chance to win up to R10 000 ($645,48) in cash. A first of its kind globally, Expand is a digital game of skill that was made possible through a partnership between Nedbank and Expand. Since Expand first launched on 4 October 2021 as a web-based game, thousands of fun-loving South Africans have shared in cash and airtime prizes worth more than R5,5 million ($355 047,16). According to Maude Korte, Head of Commercialis...

10 Great Android Games You Can Play Offline

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‘Off the charts’: Zynga blockchain exec praises P2E gaming talent

Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first nonfungible token game this year, Zynga’s blockchain gaming aspirations are taking shape.  Matt Wolf, marketing veteran with experience at Electronic Arts and Sega, is the new vice president of blockchain gaming for Zynga. He’s setting up a new team, bringing a wealth of “traditional gaming” experience to play-to-earn (P2E). In an interview with Cointelegraph, he said the talent pool in P2E gaming is: “Off the charts in terms of economics and traditional finance firepower — incredible people. Also, on the innovation side and on the technology side, it’s off the charts.” However, he surmised many gamers’ thoughts when commenting on the gamification elements of nonfungible tokens (NFT)...

Global Video Game Market to Hit $92 Billion in Value This Year

Sourced from Wikimedia. As one of the leading forms of entertainment today, the video games industry continues to generate remarkable profits from its huge player base. According to data gathered by GCN, the global video games market is set to jump over $92 billion value in 2020, growing by 10.9% year-on-year. With $54.6 billion profit or nearly 60% of that amount, mobile games remain the most significant revenue stream of the global video games industry. Video Games Revenue Increased by $15.56 billion in Three Years In 2017, the global video games industry reached $76.5 billion in revenue, revealed Statista Digital Market Outlook. By the end of 2018, this figure rose to $79.2 billion. The increasing trend continued during the last year, with the revenue reaching $83.1 billion. /* custom c...