Sony Group Corp seeks to take on a highly influential role in nurturing the metaverse through some of its key entertainment services.
The firm plans to establish an overseas entity that will be in charge of Issuing, managing, and investing the company’s own tokens, a move that suggests it now wants to adopt a robust game economy.
The platform will be powered by the ISK Tokens which will serve as the exclusive asset for the platform’s pioneer Non-Fungible Token (NFT) and also be deployed as the governance token along the line.
Two players will work together on projects focusing on the emerging Metaverse space and NFTs. The first sale of NFTs shall go live later this month.
Have a look at our list of the 10 most anticipated Gamefi projects to be launched in 2022.
The acquisition will see Infinite Reality integrating Rekt’s esports and entertainment business while merging with its own gaming, social, virtual, and remote production.
The Eden Games acquisition by Animoca Brands is not the first in recent times. At the beginning of this year, Animoca Brands announced the acquisition of mobile game developer Grease Monkey.
With the new funding, GOALS will onboard additional staff to its engineering team including about 30 game developers.
Mobile Premier League (MPL) closed a Series D funding round with $95 million led by Composite Capital and Moore Strategic Ventures.
Aonuma said that the release date of Legend of Zelda will take place during the spring of 2023. Previously, Nintendo expected to release the game in 2022.
Glance will make use of Gambit’s experience to inaugurate living gaming ventures like contests, shows, live streams, and multi-player games on the lock screen.
The two companies will work together towards the design and marketing of blockchain-based games, NFT games, and services.
FTX CEO said that Storybook Brawl has all the essential elements of being a great game and thus they will proceed ahead with integrating crypto and NFTs into it.
According to the official announcement by Epic regarding the humanitarian relief for Ukraine, Xbox will also be participating in the effort.
Lava Labs intends to put the capital in its first game dubbed AFAR, which involves 25 players contesting against each other through set obstacles.