Tilting Point collaborates with Polygon Studios and LootRush raises $12 million
Tilting Point collaborates with Polygon Studios and LootRush to raise $12 million
Stay updated with Gamefinity on the latest news and events in the NFT gaming realm through the following article:
Mobile games SpongeBob and Warhammer forge partnership with Polygon
Free-to-play mobile game publisher Tilting Point has partnered with Polygon Studios for several years to launch 10 Web3 games over the next two years. Polygon Studios and Tilting Point plan to assist native Web3 game developers in scaling their games alongside free-to-play game developer partners, as well as studios looking to transition from Web2 to Web3 games.
The first three games include the strategic space game Astrokings from South Korean developer AN Games, which Tilting Point acquired earlier this year, the virtual casino game The Walking Dead: Casino Slots based on the AMC series, and Chess Universe by Tilting Point partner Kings of Games.
Mobile: ASTROKINGS Featured in Google Play Store in 30 countries - BunnyGaming.com
Polygon Studios CEO Ryan Wyatt expressed excitement about the company's commitment to "enhancing user ownership and role-playing gameplay." Established in 2012, Tilting Point's most popular free-to-play games include Warhammer: Chaos & Conquest, Narcos: Cartel Wars, and SpongeBob: Krusty Cook-Off.
Warhammer: Chaos & Conquest - Khorne Warlords Bundle on Steam
TEAM DAO raises $5 million in Series A funding
Decentralized asset management organization Tokenized Esports Management, or TEAM DAO, has described itself as the first Guild 3.0 of the metaverse. The fantasy esports alliance without tokens (NFTs) recently announced a $5 million Series A funding round led by Krust Universe and Animoca Brands.
Other investors include Great South Gate, Shima Capital, Anti Fund, Algorand, GSR, NGC Ventures, Libra Ventures, Nexo Capital, EX Capital, CoinHako, and Octava.
Krust Universe is an investment arm of South Korean tech giant Kakao. Animoca Brands has recently acquired major game publishers Eden Games and Darewise Entertainment.
According to TEAM, the new funding will be used to further develop technology infrastructure, expand teams, and grow player bases. Their appointed top leadership declared the company is leading a culture-defining gaming ecosystem for "newbies, amateurs, and average players." He added that TEAM's upcoming public token sale will "catapult cryptocurrency into everyday life."
What is TEAM DAO? (TEAM) Overview of the TEAM DAO Project - GFS Blockchain
Axie Infinity remains the highest market cap game
According to the latest Crypto Head report evaluating 50 play-to-earn (P2E) games on ChainPlay, Axie Infinity tops the market cap at $15.81 million. Cross Link ranks second with $13 million and Decentraland third with $4.63 million. The average market cap value of all crypto games researched is $1.25 million.
What is Axie Infinity? Can you earn money with Axie Infinity? Game download link
For most searched games on Google over the past six months, Axie Infinity also leads with over 29 million searches worldwide. The second and third most searched games, Bomb Crypto and Splinterlands, have fewer than five million global searches each.
What is Bomb Crypto? What makes Vietnamese people FOMO into this GameFi project? - Bitcoin news website, cryptocurrency
Crypto Head also examined the popularity of cryptocurrencies on Twitter and games with the most expensive tokens. Axie Infinity also secured a spot on that list.
LootRush aims to make NFT gaming the mainstream trend
LootRush, an NFT marketplace for crypto gamers, closed a $12 million seed round led by crypto firm Paradigm on Thursday, with participation from Andreessen Horowitz. Other backers include Y Combinator, founders of Brex, and several angel investors, including founders of Axie Infinity, Plaid, Wildlife Studios, Dapper Labs, and The Chainsmokers.
According to the company, LootRush aims to become the PC game distributor like Steam but for blockchain-based and NFT-driven electronic games. It aims to eliminate barriers to entry for Web3 gamers and is known for offering cost-effective NFTs. A blog post stated, "We will enable players to own NFTs and we help NFT owners find great players."
Thus, Gamefinity has compiled the latest information on NFT and Web3 games this week, and we will continue to update you with the latest developments.
