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Web3 Games Collective Features: Yield Guild Games (YGG), Game7, Magic Eden, & Fenix Games

admin — Tue, 04 Apr 2023 19:59:17 +0000

Web3 Games Collective features: Yield Guild Games (YGG), Game7, Magic Eden, & Fenix Games.

Four blockchain game startups have formed the Web3 Games Collective (W3GC) to “leverage their expertise in creating a wave of breakout blockchain games”. The members of W3GC include Yield Guild Games (YGG), Game7, Magic Eden, and Fenix Games.

The companies made the announcement at the Game Developers Conference (GDC). The founding members say they plan to leverage their collective expertise and resources to focus on improving discovery, distribution, and sustainable growth for high-potential, quality blockchain game projects.

Steven Chen, core contributor at Game7.

Gabby Dizon, cofounder of Yield Guild Games.

Rudy Koch, CBO of Fenix Games.

Chris Akhavan, Chief Gaming Officer at Magic Eden.

Web3 Games Collective Features: Yield Guild Games (YGG), Game7, Magic Eden & Fenix Games

admin — Wed, 29 Mar 2023 01:23:08 +0000

Web3 Games Collective features: Yield Guild Games (YGG), Game7, Magic Eden, & Fenix Games.

Four blockchain game startups have formed the Web3 Games Collective to leverage their expertise in creating a wave of breakout blockchain games. The members of W3GC include Yield Guild Games (YGG), Game7, Magic Eden, and Fenix Games.

The companies made the announcement at the Game Developers Conference. The founding members say they plan to leverage their collective expertise and resources to focus on improving discovery, distribution, and sustainable growth for high-potential, quality blockchain game projects.

Steven Chen, core contributor at Game7.

Gabby Dizon, cofounder of YGG.

Rudy Koch, CBO of Fenix Games.

Chris Akhavan, Chief Gaming Officer at Magic Eden.

Yield Guild Games Raised $13.8 Million In Funding Round Led By a16z Crypto and DWF Labs

admin — Mon, 06 Mar 2023 00:49:36 +0000

Yield Guild Games (YGG) has generated US$13.8 million in a token purchase from the YGG treasury led by DWF Labs along with the participation of a16z Crypto, Galaxy Interactive, Sangha Capital Fund, Sanctor Capital, and David Lee to support the guild’s decentralization initiatives. YGG was co-founded by Beryl Chavez Li and Gabby Dizon. Yield Guild Games will appaarently be using the funds to accelerate the development of its soulbound reputation token (SBT). The SBT tokens were test-launched last year but were only offered as rewards for in-game activities.

SBT tokens are permanently linked to a person’s wallet, making them non-transferable. The company plans to place the tokens directly into games. YGG will reward creators with SBT tokens for completing selected tasks or quests. The company is launching a revamped version of its web app in March 2023, with the Soul token expected to play a big role in the guild’s ecosystem platform.

Softbank Partners With Oasys As An Official Validator To Develop Blockchain-Based Services

admin — Mon, 06 Mar 2023 00:24:38 +0000

Softbank partners with Oasys as an official validator to develop blockchain-based services. Oasys is an environmentally-friendly, gaming-optimized Proof-of-Stake blockchain built for gamers by gamers. The company also recently revealed that Square Enix joined its project as the final of 21 initial node validators on its platform. Moreover, at the end of last year, Oasys announced a raise of $20 million and a new partnership with Mythical Games.

Oasys already has strong institutional backing and some of the other initial validators on its blockchain include: Bandai Namco Research, SEGA, Ubisoft, Netmarble, Wemade, Com2uS, and Yield Guild Games.

Gameplay Galaxy Has Raised $12.8 Million for Their Web3 Decentralized Competitive Gaming Ecosystem

admin — Fri, 09 Sep 2022 03:29:34 +0000

Gameplay Galaxy announced it has raised $12.8 million in funding for its web3 decentralized competitive gaming ecosystem. The creators of Trials Xtreme are also preparing to launch a new entry in the series as the first game on the platform.

Blockchain Capital led the round, with Merit Circle, Com2uS, Mysten Labs, Solana Ventures, Yield Guild Games, and Hustle Fund participating. The company plans to use the funding to build out more features for the platform, as well as new games. It also intends to offer its own web3 wallet to users, as well as ease onboarding for web2 users.

Gameplay Galaxy users will be able to earn money by competing in Trial Xtreme’s races and competitions, and will also be able to earn their own in-game assets, including NFTs. The creators also say that users who don’t wish to engage with these mechanics can enjoy the racing by itself.