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Games - Page 8

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Axie Infinity Has Beaten Even Ethereum in Network Fees Thanks to its Sidechain

Axie Infinity Has Beaten Even Ethereum in Network Fees Thanks to its Sidechain

Facebook may be grabbing headlines with its talk about the metaverse as the basis for the company’s future, but blockchain game Axie Infinity already has a metaverse up and running and it’s grabbing something longer-lasting: revenue. Protocol revenue on Axie Infinity yielded $305 million over the last 30 days, compared with $91.4 million for Ethereum,…
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Yield Guild Games Raises $12.5M in 31 Seconds on Token Sale

Yield Guild Games Raises $12.5M in 31 Seconds on Token Sale

Yield Guild Games, an investment DAO focused on the use of NFTs in virtual worlds and blockchain games, raised $12.5M in 31 seconds on July 27.  The launch, which happened on Sushiswap’s Miso token launch platform, caused a frenzy as only 32 wallet addresses bought up 25M of the DAO’s YGG tokens in the span…
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Immutable X Releases Token and Plans Airdrop for Gods Unchained Owners

Immutable X Releases Token and Plans Airdrop for Gods Unchained Owners

Immutable X, an NFT-focused layer 2 solution on Ethereum from the team behind the NFT trading card game Gods Unchained, has unveiled its native token, $IMX. Since launching its Alpha version in April the Immutable X protocol has facilitated over 250K NFT trades. It offers gas-free NFT minting, trading, and collecting. The $IMX token will…
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Polygon Doubles Down on Gaming and NFTs with $100M Fund

Polygon Doubles Down on Gaming and NFTs with $100M Fund

Polygon is raising a $100M fund to support blockchain game developers and NFT creators, and tapping the chops of Atari, the trailblazer that gave the world Pong, Space Invaders, and Asteroids. Polygon has already attracted over 100 NFT and gaming projects, according to awesomepolygon.com. But now the scaling solution is pursuing a far more ambitious…
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What Bear Market? YGG Goes Big on Gaming NFTs with Token Launch

What Bear Market? YGG Goes Big on Gaming NFTs with Token Launch

Defying the funk that’s gripped the broader crypto market, Yield Guild Games (YGG) announced today that it will release its YGG token on July 27 on Sushiswap’s MISO launchpad. The move comes as NFTs are increasingly being utilized in gaming. Launched in October 2020, YGG is a decentralized autonomous organization (DAO) that invests in NFTs;…
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Axie Infinity Digital Land Sold for Record $1.5M

Axie Infinity Digital Land Sold for Record $1.5M

The Tamagotchi x Pokemon web3 crossover Axie Infinity has broken the record for the largest NFT sale yesterday afternoon as a community member purchased a digital plot of land for 888.25 ETH, worth over $1.5M at the time of writing. The sale comes alongside the launch of Axie Infinity’s custom sidechain, Ronin, which launched last…