How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
GTA and CoD veterans’ new studio collabs with Immutable
Web3 gaming ecosystem Immutable is helping Random Games join the blockchain gaming world. The studio was founded by veteran developers and storytellers from famous franchises including Grand Theft Auto, Call of Duty, Fortnite, Batman, Star Trek, The Walking Dead, Star Wars and South Park. The collaboration centers around Unioverse, a Web3 sci-fi franchise spanning multiple mediums.
Random Games plans to create a platform offering high-quality assets for game creation without royalty fees. The Unioverse community will be encouraged to produce their own stories, games and content using official assets.
Unioverse hopes to foster a continuous stream of professional and user-generated content, given its royalty-free nature. Users can monetize their creations by selling merchandise such as comic books, T-shirts and lunchboxes and retain all the profits.
Immutable’s vice president of global business development, Andrew Sorokovsky says Immutable will provide the blockchain platform, tools and services, including its zkEVM for scaling and Immutable passport for digital IDs:
This will allow the team to focus on shipping a great game without having to become blockchain experts in the process — letting us take care of the heavy lifting,”
Unioverse features Hero NFTs, which are high-quality 3D digital items that you can own in the digital world. Hero NFTs started minting with ‘Reyu’ in Jan. 2023 and sold 20,000 NFTs, which was followed by the launch of ‘Krishah’ in June. With over a million NFTs minted and more than 110,000 verified accounts with connected wallets, they also debuted the first part of a six-part comic book series and introduced Proving Grounds, their first alpha game environment, in May.
Random Games previously raised $7.6 million in a seed funding round co-led by Resolute Ventures and Asymmetric.
Brawlers by Magic: The Gathering creator to launch on Epic Games Store
Brawlers, a player-versus-player blockchain card game will be launched on the massive, mainstream Epic Games Store.
It’s the debut game of Tyranno Studios, WAX blockchain’s inhouse game development team led by gaming industry veteran Michael Rubinelli, who has 25 years of experience at companies such as Disney, Electronic Arts and THQ.
Centered around the theme of pro-wrestling, Brawlers’ player-versus-player (PvP) mode was designed by Richard Garfield, famous for his creation of the popular card game Magic: The Gathering.
Releasing a blockchain game on EGS is a big deal for any developer, as the platform has over 230 million users, including 70 million monthly active users. But releasing a blockchain game on the platform is an even bigger deal as Web3 companies generally can’t access such a massive audience under such a reputable name. WAX’s Chief Gaming Officer Rubinelli calls EGS the “next step on our journey to the mass adoption of Web3.”
This launch further accelerates the paradigm shift in gaming as a whole, bringing blockchain-powered fairness, inclusivity and player-centric approach even closer to the mainstream audience.”
In the game, players compete in wrestling matches and earn BRWL tokens which can be used to craft or purchase content. Apart from the Brawlers themselves, every in-game item can be crafted, used, sold, traded or gifted among players as they’re NFTs.
Garfield emphasized the game’s similarity to traditional physical card games, where players can buy card sets and maintain complete control over their assets, enabling easy trading and exchange.
The game allows cross-platform functionality via NFT bridges to Polygon, Ethereum and Binance’s BNB Chain.
Over $2 billion invested in blockchain gaming so far in 2023
Blockchain gaming investments are up $600 million in the third quarter of 2023, bringing the year-to-date total to an impressive $2.3 billion in the midst of a bear market, according to DappRadar and BGA Games’ most recent joint blockchain gaming report.
However, 2023’s tally only accounts for 30% of the preceding year’s total investments. But considering the state of the wider market, it’s a respectable figure that proves that a lot of people are willing to bet a lot of money that blockchain games will still be The Next Big Thing.
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The report underscores how Web2 gaming giants are “making assertive strides into the Web3 realm.” One of the most notable being FarmVille creator Zynga’s successful introduction of Sugartown, which received instant adoption and high praise from the Web3 community. It’s a welcome development as better studios generally mean better games.
Daily unique active wallets (UAWs) saw an uptick of 12% compared to last quarter, reaching a daily average of 786,766 UAWs. Alien Worlds, a community-built metaverse, kept its crown as the most-played blockchain game of Q3 2023, capturing over 60% of WAX’s blockchain activity.
Web3 gaming’s flagship titles, Axie Infinity and Gods Unchained, blazed the trail in terms of transaction volume, with volumes of $90 million and $55 million, respectively.
In the third quarter, virtual worlds experienced a dip from the last quarter’s $58 million as numbers showed $13 million in trading volume with 28,000 land sales. Despite virtual worlds’ declining trading volume, substantial investments like Animoca Brands’ $20 million funding for Mocaverse keep the metaverse fire alive.
Upland’s Spark shines on Ethereum
Metaverse platform Upland will enable trading of its in-game utility token, Spark, on Ethereum. The decision was approved by 87.25% of voters in a recent community governance vote.
Known as the Sparklet White Paper, the proposal was presented to the Upland community in late September. The plan involves bridging the game’s in-app token, Spark, to the Ethereum blockchain, where it will be mirrored and minted as the Sparklet token. Each Sparklet is equivalent to one-thousandth of a Spark.
Upland co-founder and co-CEO Dirk Lueth says the move is a win for decentralization:
Adhering to our mission to build the largest digital open economy, Sparklet allows us to take the next step towards progressive decentralization in a responsible way by offering tradability to our users while having mechanisms in place that can shield and protect Upland’s economy from unwanted externalities.”
A finite supply of 1,000,000,000 Sparklet tokens will be issued on Ethereum, although Upland has not shared the exact timeline yet. The Sparklet supply will be mirrored by the minting of 1,000,000 Spark on the EOS blockchain, ensuring a balanced ownership structure between the platforms.
Hot Take: Guild of Guardians
Guild of Guardians is a mobile rogue-lite squad RPG that is being developed by Mineloader and published by Immutable. It held a “friends and family demo event” this week for testing and I was one of the fortunate people that got to try the game.
As soon as the game opens, nicely composed Harry Potter-esque background music welcomes you to the world of Guardians. The demo consists of core dungeon battles, crafting loops, quests and level-up options. The graphics look decent, while the music and sound effects are on point.
Players assemble a team of heroes and venture into dungeons for combat. When assembling a team, you need to consider factional, elemental and class synergies and team composition. For instance, a team composed entirely of Hordes receives a raw attack boost, while teams of all fire elements have an increased chance of inflicting damage over time. Heroes are also split into traditional RPG roles like tank, healer, support and DPS – short for damage per second, which is used to describe damage-focused characters.
The main challenge Guild of Guardians needs to tackle is that squad-based PvP gaming has somewhat matured. None of the heroes feel original or new, and the user interface looks like every fantasy-element-bearing mobile game ever.
Of course, it’s not fair to judge such aspects by a “friends & family” demo, so it’s better to check the full version to see if there are improvements and refinements to form your own opinions — it’s going to be free-to-play anyway. Who knows, you might love it and find your next 600-hour addiction!
More from Web3 gaming space:
– Zynga’s Web3 IP Sugartown introduces an NFT collection called Oras.
– NFL Rivals announces 6-month partnership with Amazon Prime Gaming.
– Gods Unchained Season 2: Tides of Fate launches Oct. 25.
– Social web game Habbo ditches ‘Habbo NFTs’ for ‘Habbo Collectibles’ in its terminology.
– Animoca Brands subsidiary Darewise raises $3.5 million in token presale for sci-fi Web3 game Life Beyond.
– Business simulation strategy game Legacy launches on Oct. 26.
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The government wants councils to crush more vans used to fly-tip rubbish, as it announces a crackdown on the illegal dumping of waste.
No new funding is being given to local authorities for the initiatives, with ministers saying the seven percent raise announced in the budget can be used.
As part of the announcement, the government has also proposed that fly-tippers could face up to five years in prison, although this would require a change in the law.
Environment Secretary Steve Reed attacked the Conservatives’ record. Pic: PA
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Environment Secretary Steve Reed said: “Councils will get much more aggressive against fly-tippers and that includes using the latest technology, things like the new mobile CCTV cameras and drones to identify, track and then seize the vehicles that are being used for fly-tipping to a yard like this and crush them.
“That’s both as a punishment for those people who are dumping the rubbish but also as a deterrent for those who are thinking about doing it.”
He added: “We’re also looking to change the law so that those rogue operators who take rubbish from someone’s home and then dump it on a nearby road – they were getting away almost scot-free under the previous government – they will now be looking at potentially five-year prison sentences.”
The minister claimed the fly-tipping was “out of control” under the last government.
Data from the Department for Environment, Food and Rural Affairs (DEFRA) shows local authorities in England dealt with a record 1.15 million incidents last year – a 20% increase from 2018/19.
Environment Agency chief executive Philip Duffy said: “We’re determined to bring these criminals to justice through tough enforcement action and prosecutions.
“That’s why we support the government’s crackdown on waste criminals, which will ensure we have the right powers to shut rogue operators out of the waste industry.”
However, the Conservatives claimed that rubbish is “piling high” in areas like Birmingham as refuse workers strike against a pay and jobs offer from the Labour-run council.
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Gangs ‘make millions’ from waste
Village blocked by rubbish
Shadow environment secretary Victoria Atkins said: “Wherever Labour is in charge, waste is piling high – like in Birmingham, where Labour’s inability to stand up to their union paymasters has left rat-infested rubbish littered across the street.
“And with statistics showing that of the 50 worst local areas for fly-tipping, 72% are Labour controlled, it is clear that voting Labour gets you rubbish and rats.
“So the British public deserve real action, not this series of reheated announcements and policies already introduced by previous governments that Labour is peddling.”
Liberal Democrat deputy leader Daisy Cooper said: “Under the Conservatives’ watch, local communities have been plagued by a fly-tipping epidemic.
“From overflowing bins to piles of hazardous waste, fly-tipping is blighting our landscapes, poisoning livestock on farming land and causing misery for residents.
“Enough is enough.
“The Liberal Democrats are calling for a fly-tipping fighting fund, to push for stronger local enforcement and tougher penalties for offenders.”
US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial Day holiday.
According to an April 29 Politico report, Thune made the comments in a closed-door meeting with Republican senators, who hold a slim majority in the chamber. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, was introduced by Senator Bill Hagerty in February and passed the Senate Banking Committee in March.
Thune did not mention any crypto or blockchain-related bills in his public comments on US President Donald Trump’s first 100 days in office. Since his Jan. 20 inauguration, Trump has signed several executive orders with the potential to affect US crypto policy, including one affecting stablecoins. Still, many of the actions do not carry the force of law without an act of Congress.
Related: $649B stablecoin transfers linked to illicit activity in 2024: Report
The proposed GENIUS bill could essentially restrict any entity other than a “permitted payment stablecoin issuer” from issuing a payment stablecoin in the United States. The House of Representatives, also controlled by Republicans, has proposed a companion bill to the legislation: the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act.
Trump accused of conflicts of interest over stablecoins, crypto ventures
The president’s executive order, signed on Jan. 23, established a working group to study the potential creation and maintenance of a national crypto stockpile and a regulatory framework for stablecoins. Republican lawmakers followed by introducing the STABLE and GENIUS acts.
Trump also introduced the order before World Liberty Financial, a crypto firm backed by the president’s family, launched its US-dollar pegged USD1 stablecoin. Many Democratic lawmakers said that Trump’s ties to the firm, coupled with his political influence and position, could present an “extraordinary conflict of interest that could create unprecedented risks to our financial system” as Congress considers the two stablecoin bills.
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
A court in India has ordered the encrypted email service Proton Mail blocked in the country for refusing to share information with authorities.
In an April 29 hearing of the High Court of Karnataka, Justice M Nagaprasanna ordered the government to “block forthwith” domain names associated with Proton Mail, citing authority under the country’s Information Technology Act of 2008. The order stemmed from a complaint filed in January by a New Delhi-based design firm, alleging that some of its employees received offensive emails through the service.
It’s unclear whether the ban will take effect or face other possible challenges in court. The Proton team reported in March 2024 that Indian authorities had similarly proposed ordering the service blocked in response to alleged “hoax bomb threats,” but it continued to operate in the country.
The crackdown on Proton Mail appeared to be part of a larger global trend to pursue action against platforms based on users’ activities, such as the arrest of Telegram founder Pavel Durov in France in part for allegedly failing to moderate illicit content. Cointelegraph reached out to Proton for comment but did not receive any response at the time of publication.
Related: Crypto projects prepare to battle for privacy in Switzerland
In Spain, Proton AG — the Swiss company behind the platform — provided information to the authorities about one of its users in 2024. The move had many privacy advocates questioning the security of their data with the centralized service.
Vying for market share in the world’s most populous country
Cryptocurrency exchanges are no stranger to legally sanctioned crackdowns attempting to curtail their activities in a country, or in some cases, face blocks or bans. US authorities imposed sanctions on crypto mixing services like Tornado Cash in 2022, facing swift backlash from the industry and legal challenges, while South Korea reportedly blocked 14 exchanges on the Apple store for allegedly operating without the proper registration.
In India, users face a 30% tax on profits from crypto trading, which has been in effect since April 2022. Though crypto firms operating in the country endure increasing regulatory oversight, India is estimated to have more than 100 million digital asset holders out of its roughly 1.4 billion people.
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