Weekly Crypto Gaming News – Facebook & Meta, Ubisoft, Electronic Arts, Activision, Disney, Lucas Films, Millions for P2E Games By DailyCoin

Weekly Crypto Gaming News – Facebook & Meta, Ubisoft, Electronic Arts, Activision, Disney, Lucas Films, Millions for P2E Games

Cryptocurrency Nov 05, 2021 04:30PM ET

Saved. See Saved Items.

This article has already been saved in your Saved Items

Weekly Crypto Gaming News – Facebook & Meta, Ubisoft, Electronic Arts, Activision, Disney, Lucas Films, Millions for P2E Games

Welcome to all the Player 1s and Player 2s!

In today’s digest:

Crypto metaverses are gaining popularity following Mark Zuckerberg’s latest announcement.
Ubisoft may release crypto games in the future.
Electronic Arts (NASDAQ:EA) has yet to step into NFTs, but is still looking for blockchain specialists
Developers from Activision, Disney, Lucas Films, and Midway have gathered to create an NFT mecha video game.
Funding parade: Animoca Brands raise $93M for The Sandbox, A16z backs Blankos Block Party in $1.25B valuation, Binance invests $1M in a Play-to-Earn game about sharks.

Metaverses Become a New Gaming Trend following Facebook’s Announcement

Crypto gaming reached an important milestone this week, surprisingly, thanks to Mark Zuckerberg and his crucial business decision to rename Facebook Inc (NASDAQ:FB). to Meta Platforms Inc. The company seems to be taking the direction of further digitizing society as they work to develop a VR messenger, a VR version of Instagram, their own marketplace for digital goods, and even a social network similar to Decentraland using Oculus.

Alongside hype, the announcement generated a range of sentiments across the crypto world. Axie Infinity’s co-founder in particular disliked that Meta’s new logo is too similar to his game.

On the other hand, the popularity of crypto metaverses skyrocketed as Decentraland, The Sandbox, and Enjin’s coins and tokens each gained by approximately 300% in value.

Flipsider:

Yes, the whole world uses Meta’s products and services, such as Facebook, Instagram, WhatsApp, and even Oculus. This means that audience outreach far exceeds the number of cryptocurrency users. Though this means a wider draw, it’s upsetting that most of the crypto metaverse’s cumulative developments will be used by the giant while its true creators may be forgotten.

CEO of Ubisoft has Hinted That Their Games Might Feature NFTs and Blockchain in the Future

On the wave of hype, some of the biggest players in traditional gaming have seemingly felt free to praise NFTs and the metaverse. Of course, Ubisoft is already a noted supporter of crypto gaming, having invested in Animoca Brands, backed Nine Chronicles, and organised some events for blockchain developers. On the other hand, they had never made any forward announcements regarding the use of NFTs or blockchain technologies in their own games.

Recently, the company’s CEO, Yves Guillemot, claimed that the gaming industry is “changing regularly with lots of new revolutions happening” and Ubisoft “will imply more play-to-earn that will enable more players to actually earn content, own content…”

Flipsider:

This statement can be interpreted two ways: either for the implementation of NFTs into pre-existing projects, like Assassin’s Creed and Far Cry, or the creation of brand-new IPs based on blockchain technology.

EA Has Yet to Step into NFTs, But is Still Looking for Blockchain Specialists

Another of the biggest players in the traditional gaming industry, Electronic Arts, has also had its say on play-to-earn games, as CEO of the company, Andrew Wilson, echoed the sentiment that blockchain gaming is “the future of our industry.”

However, they have decided not to rush into it as fast as Ubisoft, even though the company is in one of, if not the best position to release digital sport collectibles, as they hold licenses to FIFA, the NHL, and the NBA.

On the other hand, the company’s job listings, for senior directors with blockchain and NFT experience in multiple offices, are still open, and have been since summer.

Flipsider:

Interestingly enough, EA is currently poised to lose its exclusive FIFA license, just as they could have leveraged it to release official NFT collectibles, that could have in turn been used in their AAA football game.

Developers from Activision, Disney, Lucas Films, and Midway Gather to Create an NFT Video game

Blockchain games are gaining momentum, even without Mark Zuckerberg and his Meta announcement. A group of developers who have previously worked for Activision, Lucas Films, and Disney Midway, the creators of Mortal Kombat, have decided to create a AAA decentralized blockchain game.

MetalCore is going to be a mecha themed MMO with support for up to 100 players in a single arena. As of yet no gameplay has been shown, and the only thing we have is a first look trailer. The game will fully support NFTs, which are set to be auctioned in January 2022, though the game’s official release date hasn’t yet been announced.

Flipsider:

Even though the list of developers is quite impressive, we at least need to see gameplay videos before we can jump to any type of conclusion.

Funding Parade: Animoca Raises $93M for The Sandbox, A16z Backs Blankos Block Party’s $1.25B Valuation, Binance Invests $1M into a Play-to-Earn Game about Sharks

Mark Zuckerberg likely didn’t even notice how he opened the tap, and money flowed into the crypto gaming industry. Throughout this week there has been a veritable parade of investments into some promising projects featuring NFTs and multiverses.

First of all, Mythical Games, the creators of Blankos Block Party, the first NFT-featured game to be presented at the world’s biggest gaming expo, E3, reached $1.25 billion in valuation after Series C investment funding.

Secondly, the SoftBank Vision Fund made their first ever large investment into a crypto project, providing The Sandbox with a $93 million war chest. Other backers included LG, Samsung (KS:005930), and Liberty City Ventures.

Finally, Binance Labs, a venture capital and incubator firm, invested almost $1M into Star Sharks, a crypto marine metaverse

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Crypto market crash wipes out millions from North Korea's stolen crypto funds By Cointelegraph - Jun 29, 2022

North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the recent crypto market turmoil...

EU officials reach agreement on AML authority for supervising crypto firms By Cointelegraph - Jun 29, 2022

The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs. In a...

US govt delays enforcement of crypto broker reporting requirements: Report By Cointelegraph - Jun 29, 2022

The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers to report additional information, could...

Add a Comment

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read Investing.com's comments guidelines and agree to the terms described.

I Agree

Write your thoughts here

Are you sure you want to delete this chart?

Delete Cancel

Post

Post also to:

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d1-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

Are you sure you want to delete this chart?

Delete Cancel

Post

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

US 30	30,921.5	-107.8	-0.35%
US 500	3,802.4	-16.4	-0.43%
Dow Jones	31,029.31	+82.32	+0.27%
S&P 500	3,818.83	-2.72	-0.07%
Nasdaq	11,177.89	-3.65	-0.03%
S&P 500 VIX	28.16	-0.20	-0.71%
Dollar Index	104.898	+0.040	+0.04%

Crude Oil WTI	109.84	+0.06	+0.05%
Brent Oil	112.56	+0.39	+0.35%
Natural Gas	6.476	+0.052	+0.81%
Gold	1,821.05	+3.55	+0.20%
Silver	20.730	-0.008	-0.04%
Copper	3.7840	+0.0123	+0.33%
US Soybeans	1,565.75	-6.75	-0.43%

SPDR S&P 500	380.34	-0.31	-0.08%
iShares Russell 2000	170.69	-1.75	-1.01%
Invesco QQQ Trust	283.80	+0.26	+0.09%
Direxion Daily Junior Gold Miners Bull 2X Shares	36.13	-1.53	-4.06%
iShares Silver	19.14	-0.05	-0.26%
ProShares Ultra VIX Short-Term Futures	14.37	+0.10	+0.70%
ProShares UltraPro QQQ	24.88	+0.05	+0.20%

Apple	139.23	+1.79	+1.30%
Alphabet A	2,234.03	-6.12	-0.27%
Tesla	685.47	-12.52	-1.79%
Amazon.com	108.92	+1.52	+1.42%
Netflix	178.36	-1.24	-0.69%
Meta Platforms	163.94	+3.26	+2.03%
Bank of America	31.86	-0.40	-1.24%

Weekly Crypto Gaming News – Facebook & Meta, Ubisoft, Electronic Arts, Activision, Disney, Lucas Films, Millions for P2E Games

Related Articles