Crypto Gaming Round-up #6
MetaPortal Gaming Index is launching on Wednesday, March 2nd. $GAME is designed to provide exposure to the emergent crypto gaming space. Investing across games, virtual worlds and gaming platforms, the index is a simple and effective way to express the view that crypto games will capture a greater share of the burgeoning gaming market.
FTX US launches FTX Gaming unit
FTX US, the US affiliate of Sam Bankman-Fried's crypto exchange, is creating a new gaming division to help publishers integrate blockchain into their games. In retrospect, this was inevitable.
It looks like FTX is aiming to provide a sort of crypto gaming-as-a-service solution, working with publishers on token launches, NFT sales, wallet integrations and other blockchain-related matters. There are many other players pursuing a similar product offering in the space, but we wouldn’t bet against SBF.
CyBall is live
CyBall, a futuristic football-themed crypto game, went live last week. It saw decent activity and user numbers, which wasn’t too surprising given all the major guilds have invested in the game and its NFTs. Yield Guild Games, Merit Circle and GuidFi are all investors in CyBall. All said and done, in 5 days, the game saw 11,000+ users and 150,000+ matches played.
The game has different modes, requiring anywhere between 3 to 7 NFTs to play. With the cheapest NFT currently priced at $340, CyBall was clearly designed with guilds in mind.
The Metakey team shares some designs of playable avatars
We have been talking quite a bit about interoperability, including in our latest article on crypto gaming. Avatar interoperability is something that could be possible in the near-term and the Metakey art team released some cool images of what will be 3D interoperable avatars, playable in Decentraland and Sandbox to start with.
The team has plans to integrate these with other games going forward and given the level of fidelity of these assets, they should be playable in most game environments.
Axie Infinity hits $4bn in lifetime trading volume
Axie Infinity has now crossed $4bn in all-time sales, according to CryptoSlam, and is the first crypto game to do so. It’s also the third largest marketplace in crypto, arguably second due to all the wash trading on LooksRare, sitting behind OpenSea with approximately $23bn and LooksRare with $18.5bn.
Splinterlands partners with Warner Music Group
Splinterlands announced that they entered into a partnership with Warner Music Group that will see some WMG artists creating unique, arcade-style games with play-to-earn elements. The focus will be on mobile first, accessible games used to build communities and unlock new revenue streams for artists.
Seedify ready for a busy month
Seedify, a gaming launchpad project, is heading into a busy month with several IGOs and private sales. Now, we at MetaPortal are not big fans of launchpads in general, but that doesn’t mean we shouldn’t cover them at all.
Seedify seems to have helped many games raise capital, with a typical raise amount of somewhere between $200k and $500k, and is generally chain agnostic. Here’s the list of what’s on tap in March.
The Everai website goes live
We haven’t heard of Everai before, but rather enjoyed browsing their new website.
The project has a pretty grand vision, aiming to “build a long-lasting brand based on the Everai Heroes and their Universe.” Starting with the Everai hero, Duo, and the 10,000 NFT mint, the team wants to create a powerful backstory and communicate it through various media forms, from music to anime series. Long-term, there are plans for gaming and virtual world integrations, with the team “only one step away from integrating our 2D Heroes into one of the most renowned 3D” virtual worlds.
Parallel PD3 drop sells out amid technical issues
We have been diggin into Parallel quite a bit recently with the inclusion of the ParagonsDAO token in our new gaming index. Team held its 3rd pack drop on Saturday which was marred by technical difficulties.
Nevertheless, the team sold out 52,000 packs with 10 cards in each pack for 0.075E. Naturally, with so many assets hitting the market (even though you still need to withdraw them from the vault and pay gas before being able to list on OpenSea) the prices on secondary have fallen significantly.
Other news
Guild of Guardians open applications for the Pre-Alpha Demo
The World's first Chess games with Play-to-Earn is coming
Cross The Ages is coming to the Ultra ecosystem
My Neighbour Alice's token $ALICE gets listed on Coinbase
Spielworks launched the first season of its NFT title – Wombat Dungeon Master
@ametel01 is building an implementation of OGame with planets as NFTs and resources ERC20 tokens