Porsche’s first foray into NFTs appears to have flopped after recording underwhelming sales and was heavily criticized by the community.
Casual gamers a ‘critical’ audience for blockchain games: GameFi execs
Many casual gamers are still reluctant to play games that use blockchain tech, but gaming execs believe one good game could change that.
Samsung investment arm considering spot-Bitcoin ETF in Hong Kong
With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed.
NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu
Yat Siu thinks it’s only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility.
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us.
Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs
The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced.
Gamers want fun, not a grind fest for tokens — Animoca subsidiary
Once blockchain games can offer a similar experience to League of Legends or Fortnite they will become more popular, argues Blowfish Studios’ Luke Sillay.
Minecraft ban ‘hypocritical’ and NFTs are inclusive: Animoca’s Yat Siu
“They did not cite evidence, they didn’t even correctly point out what NFTs are, nor did they talk to NFT Worlds,” noted Animoca Brands co-founder Yat Siu.
Square Enix plans to issue tokens and invest heavily in Web3 gaming
The major game developer is reshaping its business strategy to include a more robust NFT ecosystem by investing in blockchain gaming infrastructure.
Animoca Brands buys major stake in Aussie digital services agency
Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition.
Animoca Drives into Crypto Racing Games With Latest Acquisition
The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach.
BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding
APE has closed above a key interim support level, raising its possibilities to extend its rebound move.
Animoca Brands targets social media giants in latest Web3 expansion plans
“You will continue seeing us take that approach as we sort of, you know, try to shepherd companies into Web3,” said Animoca Brands chairman and co-founder Yat Siu.
BitsCrunch raises $3.6M in funding for NFT analytics tools
Several high-profile investment firms contributed to the funding round, suggesting interest in the space is far from waning any time soon.
Nifty News: Anime-ca Brands, Steve Aoki’s NFTs more profitable than decade of studio albums
Animoca is entering the Japanese market with a new subsidiary aimed at Japanese IP while Rarible NFT offerings will be available as part of a new VR experience.
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms.
Fan Controlled Football raises $40M to expand league with Bored Apes and Gutter Cats
“One of the most powerful things that tokenization does is release the energy of fans into tangible forms of value and meaning, we see this effect in NFTs and also social tokens,” said Animoca Brands co-founder Yat Siu.
Animoca Brands’ Lympo NFT platform hacked for $18.7 million
The sports NFT minting platform suffered from a hot wallet security breach across several project wallets losing $18 million in its native LMT tokens.
Animoca Brands’ treasury increased in value by 5X over two months
The firm has enjoyed tremendous success from its early plays on NFT game platforms and metaverses that provide digital equity to its users.
Sandbox Metaverse Alpha launches Nov. 29 after four years in development
SAND prices have surged to a new all-time high as The Sandbox announces its highly anticipated play-to-earn metaverse event.