GameFi studios are booming once again as crypto prices recover
New Web3 gaming projects continue to enter the sector as the price of cryptocurrencies surge.
GameFi projects, the darling of the crypto industry that captivated investors’ attention during the bull run of 2020 to 2022, have made a much-anticipated comeback as Bitcoin (BTC) eyes all-time highs.
On May 15, Ethereum Web3 gaming studio Immutable announced the release of its flagship title, Guild of Guardians (GOG), on Google Play and the Apple App Store. Guild of Guardians sees players venture into Elderym, a world on the brink of destruction at the hands of the Dread. To save the world, players assemble a team of Guardians to embark on an adventure fighting through dungeons and bosses while earning GOG token rewards.
According to Immutable Games director Chris Clay, the team is planning to showcase the Immutable Passport and Immutable zkEVM. “The past fifteen months of development have been a whirlwind of laying the foundation for a game and universe we’ve only just begun building upon,” he said.
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Author: Zhiyuan Sun
