Prom

<p>Blockchain gaming attracts thousands of players, and also companies that want to join the ride. You know some crypto ones, such as Animoca Brands funding <a href="https://ancient8.gg/research/en/articles/web3-gaming-and-nft-market-report-2022" rel="noopener noreferrer nofollow">61</a> relevant projects. However, Web2 companies also play an essential part: <a href="https://chainplay.gg/state-of-gamefi-2022/" rel="noopener noreferrer nofollow">Chainplay’s 2022 GameFi report</a> even proves that 3 out of 4 contributors worldwide enter the world of blockchain thanks to GameFi. Let’s name some of them and point out their motivation!</p><h2 id="header-0">Gaming Studios</h2><p>Web2 gaming studios shift to promising GameFi, contributing to its development and adoption. For instance, being a notably non-blockchain metaverse, Roblox <a href="https://playtoearn.net/news/roblox-is-looking-into-nft-and-web3-integrations-after-q3-earnings-miss" rel="noopener noreferrer nofollow">integrated</a> Web3 with PlayDapp, where users can enjoy both unique NFT characters and Roblox ones, attend schools, go to the market, fish, or play football. Meanwhile, <a href="https://www.shacknews.com/article/129534/ubisoft-invests-in-cross-the-ages-nft-game" rel="noopener noreferrer nofollow">Ubisoft</a>, a French video game publisher known for such titles as Assassin’s Creed, backed Cross the Age, the mobile-first collectible card game with a full value cycle.</p><h2 id="header-1">VCs</h2><p>VCs seem to be the main source of the <a href="https://cryptotvplus.com/2021/11/top-10-vcs-investing-in-gamefi-projects/" rel="noopener noreferrer nofollow">known</a> funding GameFi. So, let’s name a few of them. Galaxy Interactive wants to raise $325 million for GameFi. It contributes to well-known titles such as <a href="https://godsunchained.com/" rel="noopener noreferrer nofollow">Gods Unchained</a> and Guild of Guardians. Bitkraft Ventures, a software engineering consultancy, announced to raise $75million for next-gen blockchain gaming projects. Meanwhile, LD Capital keeps supporting the blockchain world, boosting gaming platforms like Metaverse Magna.</p><h2 id="header-2">Big Market Players</h2><p>Meanwhile, VCs themselves are supported by <a href="https://dailyhodl.com/2022/08/18/blackrock-google-and-morgan-stanley-investing-billions-into-blockchain-and-crypto-technology-report/" rel="noopener noreferrer nofollow">the open market players</a>. There are several famous giants highly interested in GameFi! For example, regarded as the world’s top blockchain-friendly contributor, Alphabet enhanced the blockchain industry with $1.5 billion into the sector, including such gaming companies as Dapper Labs.</p><p>Samsung poured sources in <a href="https://www.moneycontrol.com/europe/?url&#61;https://www.moneycontrol.com/news/business/cryptocurrency/samsung-alphabet-blackrock-among-40-top-firms-investing-in-blockchain-and-crypto-9060831.html" rel="noopener noreferrer nofollow">13</a> blockchain projects, including <a href="https://forkast.news/headlines/samsung-investment-axie-infinity-sky-mavis/" rel="noopener noreferrer nofollow">Axie Infinity</a>, Sky Mavis, and CryptoKitties. Meanwhile, it also supported the very GameFi-empowering <a href="https://forkast.news/atari-yat-siu-nft-gaming-blockchain-adoption/" rel="noopener noreferrer nofollow">Animoca Brands</a>! Another example is LG Technology Ventures, which contributed to Sandbox’s $93 million <a href="https://www.foley.com/en/insights/news/2021/11/foley-advises-lg-technology-the-sandbox-venture-b" rel="noopener noreferrer nofollow">venture capital financing</a>.</p><h2 id="header-3">Motivation</h2><p>The main reasons for Web2 enthusiasts’ <a href="https://cryptoslate.com/podcasts/why-game-developers-are-adopting-web3-gaming-slatecast/" rel="noopener noreferrer nofollow">interest</a> include the potentially “sustainable and rewarding” future of GameFi and the better adoption of F2P, making up 60% of the market. Next, they emphasize the opportunity to improve retention by empowering users’ ownership.</p><p>While deciding which projects to support, multiple factors are considered. Check data from several reports! Most contributors regard <a href="https://www.investing.com/news/cryptocurrency-news/gamefi-investors-are-now-prioritizing-fun-factor-over-money-survey-2881341" rel="noopener noreferrer nofollow">fun</a> as the main driving force of GameFi projects that should be considered. 71% stand for the catchy <a href="https://www.investing.com/news/cryptocurrency-news/gamefi-investors-are-now-prioritizing-fun-factor-over-money-survey-2881341" rel="noopener noreferrer nofollow">gameplay</a>, <a href="https://www.playtoearn.online/2022/08/19/investors-joining-crypto-gamefi/" rel="noopener noreferrer nofollow">69%</a> focus on community, and 66% put backers and partners first. Meanwhile, impressive tokenomics are vital for 49% of respondents.</p><h2 id="header-4">Conclusion</h2><p>As you see, <a href="https://www.bccn3.com/news/is-there-a-future-for-gamefi" rel="noopener noreferrer nofollow">destined</a> to grow bigger, GameFi keeps attracting Web2 titles. Thus, its wider adoption is expected. Hold on tight, and stay tuned to check whether it will come true!<br /></p><p><strong>Follow Prom:<br />Website: <a href="prom.io/" rel="noopener noreferrer nofollow">prom.io/</a><br />Twitter: <a href="twitter.com/prom_io" rel="noopener noreferrer nofollow">twitter.com/prom_io</a><br />Telegram Announcements: <a href="t.me/prom_ann" rel="noopener noreferrer nofollow">t.me/prom_ann</a><br />Telegram Chat: <a href="t.me/prom_io" rel="noopener noreferrer nofollow">t.me/prom_io</a><br />Discord: <a href="discord.gg/prom" rel="noopener noreferrer nofollow">discord.gg/prom</a><br />Instagram: <a href="instagram.com/prom_io_official" rel="noopener noreferrer nofollow">instagram.com/prom_io_official</a><br />YouTube: <a href="www.youtube.com/channel/UC2mC_ZMPnrivHGgz5CaZnvQ" rel="noopener noreferrer nofollow">www.youtube.com/channel/UC2mC_ZMPnrivHGgz5CaZnvQ</a></strong></p>

GameFi: Top Web2 Contributors

Tabla de contenidos

Prom

Otros artículos publicados el 18 abr 2023

MicroStrategy’s CEO, Michael Saylor, integrates work email address with BTC Lightning Network

Is Crypto Actually Money? Singapore Judge Says No

MarginFi Unveils Tailored ChatGPT Model for Cryptocurrency

EU legislators call for safe AI development

Crypto Exchange Bybit Sets up Its Global Headquarters in Dubai

SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!