Web3 Gaming Faces Significant Decline in Venture Capital
The Web3 gaming sector is experiencing a drastic downturn, with global venture capital investments p…
Web3
NEXUS to Rebrand as ONE Corp. in Push for Full-Stack Web3 Gaming Platform
NEXUS plans to change its name to ONE Corp. at a shareholders' meeting on November 16, accelerating …
Majority of July's Web3 Gaming Funding Concentrated in One Game
In July, over half of the funding allocated to Web3 gaming was directed towards a single title, high…
QuestCore Secures $50 Million Investment for Web3 MMORPG Arcane World
South Korean blockchain gaming startup QuestCore has raised $50 million in Series C funding, led by …
QuestCore Secures $50 Million in Series C Funding for Web3 MMORPG Arcane World
South Korean blockchain gaming startup QuestCore has raised $50 million in Series C funding, signali…
Proof of Play Ceases Operations Amid Challenges in Web3 Gaming
Proof of Play, a Web3 game developer, announced on August 5 that it will cease operations due to dif…
Katana Inu Launches Early Access and Confirms PS5 Release Plans
ChainVision Games' free-to-play PvP action game Katana Inu enters Early Access today, October 22, 20…
Mythical Games Secures $37 Million for Web3 Game Ecosystem
Mythical Games, a Seattle-based web3 game studio, has raised $37 million in an extension of its Seri…
Gala Games Faces $206 Million Exploit as GALA Token Drops 15%
Gala Games, a key player in the web3 gaming sector, has experienced a significant security breach, l…
UnCaged Studios Secures $24 Million in Series A Funding
Israeli gaming startup UnCaged Studios, known for the AAA Solana game MonkeyLeague, has raised $24 m…
Proof of Play Secures $33 Million Funding for Web3 Game Development
Web3 gaming company Proof of Play has raised $33 million from a16z’s Chris Dixon and Greenoaks. The …
CCP Games Secures $40 Million for New Web3 Project Based on EVE Online
CCP Games, known for EVE Online, has raised $40 million to fund the development of a new AAA Web3 ga…
GIGACHADBAT Concludes Delabs Play Season 2 with $50 Million $CHAD Distribution
GIGACHADBAT has completed Delabs Play Season 2, distributing 50,000,000 $CHAD tokens based on player…
Konvoy Ventures Launches $150 Million Fund to Support Web3 Gaming Startups
Konvoy Ventures has introduced a new fund, Konvoy Fund III, aimed at investing $150 million in early…
WEMIX Launches 'Assault! Demon Squad' Global Release
WEMIX has officially launched 'Assault! Demon Squad,' a Web3 game that integrates blockchain technol…
Boyaa Interactive Expands Bitcoin Holdings Amid Web3 Gaming Push
Boyaa Interactive International Limited has acquired approximately 152 Bitcoins for about US$11.56 m…
Recent Funding Rounds Highlight Growth in Web3 Gaming
Several Web3 gaming projects have secured significant funding, reflecting increased investor confide…
Igloo to Shut Down Abstract on December 15, 2026, Amid Web3 Gaming Changes
Igloo Inc. has announced the shutdown of its layer 2 blockchain, Abstract, set for December 15, 2026…
GameFi Sector Faces Severe Decline: 93% of Web3 Games Inactive
A report from Caladan reveals that 93% of Web3 gaming projects launched since 2020 are now inactive,…
Ronin Network Achieves Milestone of 1.2 Million Daily Active Unique Wallets
Sky Mavis' Ronin Network has reached a significant milestone of 1.2 million daily active unique wall…
Portal Launches Gen8 Beta for Creating 2D Games from Text Prompts
Portal has launched the beta version of Gen8, a prompt-to-play engine that allows users to create 2D…
Valeverse: Valentino Rossi's Web3 Gaming Experience Launches on The Sandbox
Launched on October 31, 2023, 'Valeverse' is a new Web3 gaming experience co-developed by VR46 Metav…
France Enhances Regulation of Web3 Game Advertising
The French gambling regulator, ANJ, is expanding its partnership with the advertising oversight agen…
BlockQuest Fiesta PH to Host Free Web3 Gaming Festival in Laguna
The BlockQuest Fiesta PH, a free Web3 and gaming festival with a ₱100,000 prize pool, is set for Oct…
Delabs Secures $12 Million for Web3 Game Development
Delabs has successfully closed a funding round, raising a total of $12 million for its Web3 game pro…
PiP World Secures $10 Million for Web3 Gaming Ecosystem
Dubai-based game developer PiP World has raised $10 million in a seed funding round led by fintech c…
Immutable Launches $500 Million Fund for Web 3.0 Gaming Investment
Immutable, an Australian web 3.0 gaming company, has announced the launch of a $500 million venture …
Porsche Ends Web3 Initiative and PIONEERS CIRCLE Community
Porsche has announced the closure of its Web3 initiative and the PIONEERS CIRCLE community, which be…
NEAR Intents Suspends Operations Following $3.8 Million Exploit
NEAR Intents has halted its services after a security breach resulted in losses of approximately $3.…
Nexters Acquires OneStore for $626 Million, Aims to Build a Blockchain Gaming Hub
Nexters, a blockchain gaming platform, has acquired OneStore, a South Korean app marketplace, for ap…