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Animoca Brands and Venture Accelerator Brinc Launch $30 Million Play-to-Earn Guild Fund

Animoca Brands and Venture Accelerator Brinc Launch  Million Play-to-Earn Guild FundThe blockchain firm Animoca Brands announced the company has partnered with the venture accelerator Brinc in order to launch a play-to-earn (P2E) Guild Accelerator Program. Both firms plan to dedicate $30 million over the next two years toward early-stage startups focused on expanding the global P2E ecosystem. Animoca Brands and Brinc Launch P2E Fund for […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Yield Guild Games Raises $1.45M for Philippine Typhoon Relief

The relief fund has been used to purchase essential goods like medicines, power generators, and canned food for affected communities in the Philippines.

Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16's Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need.

The funding was used to purchase essential goods like medicines, power generators, and canned food, which were turned over to the Philippine Army and Navy and non-profits to distribute among affected communities.

There is still about $458,000 worth of crypto and tokens that have been donated to the relief fund but they have yet to be converted to fiat currency for deployment, according to a representative from YGG.

The Filipino division of the play-to-earn gaming guild “YGG Pilipinas” announced the relief operation a day after Typhoon Odette hit the country, quickly raising $110,000 in a number of crypto tokens including SLP, AXS, ETH, WETH, and USDC by the end of the day.

YGG Pilipinas Country Manager Luis Buenaventura led the initiative. He explained to Cointelegraph that the Philippines represents the largest portion of the YGG community, so Odette was close to their hearts.

“We’re Filipino-led; many of the senior staff reside here in the Philippines and indeed the largest portion of the global play-to-earn community is based here, which is why so many of the play-to-earn projects came out to contribute to the cause when they saw the extent of the typhoon damage.”

“Our community is as important to us as our core team, and many of them were either driven from their homes or have been living without running water or power for a month now,” he said, adding that many staff members were living in areas badly affected by the typhoon.

Aside from funds collected by the YGG community, a number of others in the broader Web3 community also got involved. Co-founder of NFT play-to-earn game Axie Infinity Jeffrey “Jihoz” Zirlin donated 1,000 AXS ($55,400) to the relief fund on Christmas day. He said:

“As we work together to help our brothers and sisters in the Philippines recover and rebuild, we remember that this is what our community is about."

YGG co-founder, Gabby Dizon, said that the relief effort showed the power and unity of the Web3 gaming community. “This is our testimony that we are more than just a community of gamers,” he said.

Meanwhile, players of the play-to-earn game DeFi Kingdoms (DFK) also voted to donate a total of $500,000, with the developer team chipping in an additional $250,000.

Related: 40,000-member players guild raises $6M to make P2E gaming easier

Since some of the people who were affected by Odette needed cash more urgently than relief goods, YGG also launched an aid project “Crypto Ayuda” to send cash aid to individuals who needed direct assistance.

Recent estimates claim that Typhoon Odette affected around 9 million people, with nearly 325,000 remaining displaced to date. The Typhoon damaged over 50,000 homes and $260 million worth of agricultural goods.

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand BenefitsNicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could be due to a lack of awareness of the benefits […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November

Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last NovemberThe blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently published a report on how Ronin, Axie Infinity’s sidechain, […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Defi Kingdoms Reaches Record Activity Levels on Top of Metaverse Push

Defi Kingdoms Reaches Record Activity Levels on Top of Metaverse PushDefi Kingdoms, a metaverse-based blockchain game, is experiencing a rise in activity due to the push that metaverse projects are now having in the market. According to Dappradar, the activity on the game has risen considerably. This is also accompanied by the rise in the price of its native token, JEWEL, issued on top of […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Square Enix President Talks NFTs, Metaverse, Blockchain Gaming in New Year’s Letter

Square Enix President Talks NFTs, Metaverse, Blockchain Gaming in New Year’s LetterYosuke Matsuda, president of Square Enix, a leading game developing company, has voiced his opinion about the rise of new technologies and trends like NFTs, blockchain gaming, and the metaverse concept in the gaming space. Matsuda explains the business strategy around these, detailing how Square Enix is moving to include them in their upcoming games. […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Behind the scenes of the first AAA shooter game built on the blockchain

In anticipation of the next paradigm shift for gaming, Neon Media focuses on building responsible systems, messaging and engagement, as well as product evolution.

Shrapnel is the world's first AAA shooter game built on the blockchain, at the intersection of community, creation and ownership. The team is comprised of BAFTA and Emmy award-winning talent that has worked on blockbuster franchises such as HALO, Call of Duty, Madden, Bioshock, Destiny, Star Wars, Hawken Skylanders, Westworld and more. It is built on the blockchain gaming platform, Forte. In an exclusive ask-me-anything session with Cointelegraph Markets Pro, Don Norbury, head of studio at Neon Media, the game's developer, offered an in-depth take on what the game has to offer. 

Shrapnel game banner. Source: Shrapnel

Cointelegraph Markets Pro User: When I think of gaming, I think of Galaga, Pac-Man, Tomb Raider, Timesplitters. These games were fun and puzzling and contained adrenaline-filled additions. So how do you keep "Play-to-earn" (P2E) from being button-pushing for dollars?

Don Norbury: Shrapnel is currently a core PC game for the primary game client. We have a rich website for everything beyond the "shooting people in the face" elements. Our longer-term goal is to target a mobile client, but early scoping/focus for a project's primary game client is critical to success, given the other elements we're tackling.

We're not making Cow-Clicker 9000 over here... We're making an intense extraction-based shooter with creator tools. I think the P2E tracks that have been laid out are a fantastic concept and framework to understand and take into account when designing economies or understanding player/human motivations and incentives. However, the pure versions of games in that space are wildly different experiences than something like Shrapnel.

Our team comes traditionally from a space where we work on something for three years before the public becomes aware of it. While we still believe a certain amount of baking is required (and creative chaos contained), we think there are fantastic ways the community can become involved in the process and grow with the project as features, utility and agency are built and iterated on.

CT Markets Pro User: Can you give us an idea of your roadmap going into 2022 and beyond?

DN: We have been planning and building this project for a long time now, and you'll see more details around the roadmap and engagement very soon — so keep an eye on our social channels. We believe tokens of both utility and nonfungible natures are table-stakes at this point, and we're excited to share innovation in the space on the decentralized protocol front in addition to our work on making a fantastic extraction shooter.

CT Markets Pro User: What makes Shrapnel different from regular multiplayer shooting games?

DN: It's an extraction shooter, lose-your-loadout high-stakes-treasure-hunting design. You bring in your gear, and you need to get loot out. There are a couple of examples of this genre in the space already, such as Escape from Tarkov and the Dark Zone mode from The Division. Still, it's relatively unexplored and is ripe for a AAA approach where we sand off rough edges and bring a flair for the dramatic equation around world-building and mechanics. Additionally, we have a range of user-generated content tools that range from access to more complex across various asset types in the project. Finally, Shrapnel will be partially built, quite literally, by the community in ways that allow them to own the platform and their creations and to be recognized for their contribution and participation.

CT Markets Pro User: What experience does Neon Media have with games? 

DN: Our entire careers are based in AAA game development and transmedia production. So we all have multiple decades of experience building studios, executing globally-distributed publishing projects, and building some of the biggest franchises in the industry. Studios/companies like LucasArts, Xbox, Activision, Irrational, EA, HBO... and projects like Halo, Call of Duty, Bioshock, Star Wars, Madden, Westworld. So I suppose we're a little obsessed... maybe overly so.

CT Markets Pro User: What can the Forte blockchain/NFT platform, or a Neon/Shrapnel investor, bring to the table? 

DN: One of the primary issues preventing wider-scale adoption of games in the crypto space is frictional elements and risk. When we think about aspects like wallet/key management,  Know Your Customer (KYC)/Anti-Money Laundering (AML), or transportability of assets, these are spaces for crypto-savvy people. There is an element of familiarity and acceptance. Still, for the average gamer, this is faaaaaar too much. When we build games, we want the player to get in and experience the visceral emotional moments rapidly, even to the point of minimizing the initial install size of a client so you can get in and shoot someone in the face as quickly as possible. Forte is focused on reducing the typical friction and ensuring compliance and future-proofing to allow the game experience to thrive.

CT Markets Pro User: How do you view the future of interoperability? Will this project live on one chain or several?

Related: Gamer-hate: Ubisoft’s new NFT project video gets 96% dislike ratio

DN: This is a great question that is near-and-dear to our hearts at Shrapnel. We are building the protocol with interoperability in mind as much as possible. One of our core pillars at Shrapnel is: "We're not the metaverse; we're part of it." We see blockchain and DeFi as the TCP/IP of the metaverse, and most projects that claim "metaverse" are mostly referred to as "sandbox games." We want every future platform to enable their expression of Shrapnel, both the parts created by our team in Seattle and all the future imaginings of the creators within the Shrapnel platform.

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Game Developer Moonray PBC Raises $3.5 Million, Aims to Bring NFT and Blockchain Gaming to Bitcoin

Game Developer Moonray PBC Raises .5 Million, Aims to Bring NFT and Blockchain Gaming to BitcoinOn December 14, Moonray PBC, the developer behind the multiplayer action-role-playing game (RPG) Moonray, announced that the project has raised $3.5 million from strategic investors. Moonray is considered the first metaverse and gaming non-fungible token (NFT) exchange built on the Bitcoin network via Stacks. Moonray PBC Leverages Stacks to Build a Blockchain Game on Bitcoin, […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union

Bored Ape Yacht Club Partners With Animoca Brands to Launch BAYC Play-to-Earn Game

Bored Ape Yacht Club Partners With Animoca Brands to Launch BAYC Play-to-Earn GameOn Monday, the blockchain game developer and investor Animoca Brands announced a partnership with the Bored Ape Yacht Club (BAYC) in order to develop a BAYC play-to-earn game leveraging the collection’s popular NFTs. Bored Ape Yacht Club has seen 23,016 sales to date and has a market valuation of around $2.05 billion. BAYC and Animoca […]

Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union