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Flappy Bird Foundation Secures $2 Million in New Funding Round

According to Odaily, the Web3 mobile game project Flappy Bird Foundation has announced the completion of a new funding round, raising $2 million. The round was led by Kenetic Capital and Scytale Ventures, with participation from Big Brain Holdings, Optic Capital, and 4SV. The newly acquired funds will be used to integrate a series of new Web3 features aimed at attracting both nostalgic players and a new generation of gamers. Under the management of the newly established Flappy Bird Foundation, the intellectual property of the game will continue to be protected.
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Off The Grid Tops Free Games on Epic Games Store

According to Odaily, Gunzilla Games' blockchain-based battle royale game 'Off the Grid' has secured the top spot among free games on the Epic Games Store. Despite being labeled as an early access game, it has also gained significant attention on the Twitch streaming platform, with 154,440 viewers tuning in to watch live gameplay of the new version on October 11.'Off the Grid' incorporates blockchain features built on a custom Avalanche subnet called GUNZ. This ecosystem allows players to mint NFTs representing in-game items such as weapons and skins. By converting these items into NFTs or other on-chain assets, players can maintain control over their in-game possessions and potentially access a secondary market for these assets.Previously, Gunzilla Games released the early access version of 'Off the Grid' on Sony's PlayStation 5 and the Epic Games Store. Early previews of the game highlighted its AAA-level graphics and gameplay.
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Ubisoft Launches First Web3 Game Champions Tactics: Grimoria Chronicles

According to Cointelegraph, Ubisoft, the renowned French video game company behind popular titles like Assassin’s Creed and Far Cry, has announced the release of its first game incorporating Web3 technology. Titled Champions Tactics: Grimoria Chronicles, the game is set to launch on October 23 and will be deployed on the Oasys layer-2 Home Verse, a blockchain-powered ecosystem for Web3 gaming. In an interview with Cointelegraph, Sylvain Loe-Mie, the game’s executive producer, highlighted the benefits of Web3 technology in enhancing player experience. He stated, 'Web3 technology enables players to own their in-game assets in a meaningful way. This ownership creates a deeper connection with both their Champions and the overall experience.' The game is described as a tactical role-playing game (RPG) where players assemble teams of champions to compete in player-vs.-player (PvP) battles. Set in a dark fantasy world, the game emphasizes team building, strategy, and combat. Players can own, trade, and use 75,000 unique digital collectible champions to build their teams for battle. Champions Tactics: Grimoria Chronicles will feature a 'Forge' system, allowing players to customize their champions and create new ones. Loe-Mie noted that the Forge system might face challenges, such as balancing to ensure all crafted champions remain fair and competitive. He assured that Ubisoft is committed to fine-tuning these elements to deliver a seamless and rewarding experience for everyone. Ubisoft’s entry into Web3 gaming has already included alpha and beta tests to gather feedback from players and ensure the game’s mechanics are well-balanced. However, reliance on digital collectibles can come with risks, as seen in previous Web3 games like Axie Infinity, where market fluctuations led to economic instability. Loe-Mie acknowledged that 'market volatility and fluctuating demand' could impact the entire system but emphasized that the focus remains on creating a sustainable game where digital collectibles enhance the experience rather than dictate it. An industry report titled 'The Future of Web3 Gaming is Competitive: Global Gaming Report 2024,' created by Web3 gaming protocol Elympics in collaboration with the Blockchain Game Alliance (BGA) and blockchain game data tracker PlayToEarn, revealed that more than 10% of survey participants cited crypto wallet complexity as the primary reason they hadn’t played blockchain games. This highlights a significant barrier for gamers transitioning from Web2 to Web3 gaming.
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Complicated Crypto Wallets Hinder Web3 Gaming Adoption

According to Cointelegraph, the intricate process of using cryptocurrency wallets is a significant barrier preventing some gamers from engaging with Web3 games. This insight comes from a collaborative industry report titled 'The Future of Web3 Gaming is Competitive: Global Gaming Report 2024,' produced by Elympics, the Blockchain Game Alliance (BGA), and PlayToEarn. The report surveyed 1,000 gamers worldwide to understand their perspectives on blockchain gaming. The survey revealed that over 10% of participants cited the complexity of cryptocurrency wallets as the main reason for not trying blockchain games. Additionally, 7.3% of respondents mentioned a lack of understanding of the value behind Web3 gaming. Another 2.4% of gamers expressed satisfaction with Web2 gaming, while 9.1% indicated that blockchain-based gaming does not appeal to them. When asked about their motivations for playing games, many participants highlighted airdrops and the potential to earn money as primary reasons. The opportunity to compete with other players was also a significant factor. Elympics CEO Michal Dabrowski acknowledged that Web3 gaming has struggled to attract mainstream gamers but noted a potential shift on the horizon. Dabrowski emphasized the role of infrastructure players like The Open Network (TON) in introducing powerful social distribution networks and highly engaged communities to the Web3 gaming space. He believes that as more developers build within Web3, high-quality games will gain more traction. Despite the challenges posed by complicated crypto wallets, efforts are being made to address this barrier. For instance, The Open Network (TON) has been working on solutions to make crypto interactions more seamless. On April 19, TON Foundation's director of investments, Justin Hyun, mentioned that Telegram’s Mini Apps would offer such convenience that users might interact with crypto without even realizing it. Since then, the TON ecosystem has seen a surge in users, with projects like Hamster Kombat attracting over 300 million users and onboarding them to Web3 games.
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Seraph's Latest Season Sees Significant Growth And Player Engagement

According to BlockBeats, the highly anticipated AAA Web3 game Seraph recently concluded its latest season, showcasing significant growth and player engagement. Season 0 (S0) ran from August 22 to September 25, during which player participation and transaction volumes surged, further boosting Seraph's prominence in the GameFi sector. During this period, Seraph generated over $2 million in total game revenue and attracted more than 90,000 active players, setting a new record. Additionally, the peak concurrent player count reached 7,500. NFT activities also performed well, with transaction volumes exceeding 2,600 ETH and over 52,000 NFT transactions processed. These figures highlight Seraph's popularity among players. Since its early testing phase, Seraph has gradually emerged as a dark horse in the Web3 gaming ecosystem. To date, the game's NFT transaction volume has reached 17,000 ETH, with total transactions surpassing 163,000, solidifying its leading position in the Web3 gaming field. Earlier this year, Seraph's 45-day preseason test attracted 61,000 players, with retention rates steadily increasing and users spending an average of 7 hours online daily. This phase generated $3 million in fiat revenue and 360 ETH in cryptocurrency revenue, with total transaction volumes exceeding $90 million. The Rush series event, held from July 12 to August 16, also contributed to Seraph's growth. During the event, Seraph successfully attracted over 700,000 Feather NFT holders, which are on-chain vouchers for future Seraph token exchanges. The event facilitated over 17 million on-chain transfers, helping Seraph top the BNB Chain's GameFi rankings. These data points demonstrate Seraph's dominance within the BNB Chain ecosystem. With Seraph's complete migration to the BNB Chain and opBNB platform, its collaboration with the chain's ecosystem will further drive community expansion and gameplay innovation. Seraph CEO Tobin emphasized the importance of this partnership: 'The support of the BNB Chain ecosystem is crucial for our rapid growth. With Seraph's assets fully integrated into the BNB Chain, we can offer a more dynamic and engaging gaming experience to our growing player base.' The ongoing collaboration with BNB Chain will not only expand Seraph's player reach but also enhance the game's infrastructure, laying the foundation for continued success in future seasons.
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Lamborghini Launches Web3 Platform For Blockchain Gaming

According to Cointelegraph, luxury car manufacturer Automobili Lamborghini has unveiled a new Web3 platform named 'Fast ForWorld,' enabling its cars to be utilized in blockchain games. On October 2, Lamborghini announced a collaboration with Web3 gaming company Animoca Brands. This project marks Lamborghini's first interoperable blockchain-based implementation of their iconic vehicles in gaming. The two companies will develop a digital collectible platform called Fast ForWorld, which will operate with Motorverse, an Animoca Brands subsidiary managing a digital vehicle ecosystem. Gamers will be able to buy, sell, and drive Lamborghini cars in various Motorverse games, including Torque Drift 2, REVV Racing, the Motorverse Hub, and Fast ForWorld’s proprietary experience. The initial version of Fast ForWorld is set to go live on November 7, featuring a 3D wallet for storing items and interacting with digital cars. Lamborghini initially announced its partnership with Animoca Brands on August 8, aiming to explore new Web3-based brand engagement initiatives. Yat Siu, co-founder and executive chairman of Animoca Brands, emphasized that Lamborghini is among the first brands to adopt Motorverse's interoperability standards. Siu stated that the partnership will create a truly interconnected Web3 gaming experience for motorsports fans and gamers, making Lamborghini collectibles accessible and playable across various virtual environments. This collaboration is expected to serve as a blueprint for interoperable digital vehicles and set a new standard for digital engagement. The announcement comes as Web3 games continue to attract millions of users. For instance, the Telegram clicker game Hamster Kombat has onboarded over 300 million users, while another Telegram clicker game, Catizen, reached 800,000 paying users within its first six months. As the gaming sector grows, other brands are also entering the Web3 gaming space. Shoe retailer Puma recently partnered with the Web3 soccer game UNKJD, integrating Puma’s brand into in-game content, including the creation of Puma-based characters with new skins and skills.
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