Tag: Games

On May 18, venture capital firm Andreessen Horowitz (a16z) announced the launch of a $600 million fund focused on metaverse games. A16z is looking to expand its reach into the gaming industry, which generated more than $300 billion last year. With the new fund, named “Games Fund One,” the team plans on investing in various…

The global pandemic changed everything for creators: The stay-at-home orders accelerated the shift toward blockchain and Web3 advancement, writes Doug Petkanics, a co-founder at Livepeer, where the team is building a decentralized live video broadcast platform to enable the next generation of video streaming. After two years and many COVID-19 restrictions finally subsiding, the world…

Steam wasn’t accepting Bitcoin for long due to its volatility and ‘50% of transactions were fraudulent,’ says Gabe Newell, the Valve president. Bitcoin was adopted as a payment method on Steam in April 2016. However, it was removed in December 2017 due to the volatility of cryptocurrency’s price and “a significant increase in the fees…

Crypto exchange FTX is starting its own gaming unit focused on encouraging gaming studios to use crypto, blockchain technology, and NFTs. The company aims to the 2 billion-plus gamers market around the world, who can now collect and own digital items. Crypto exchange FTX’s US affiliate has announced the launch of a gaming unit called…

The company driving Abu Dhabi’s fast-growing gaming industry, AD Gaming, has signed a partnership agreement with Attarius Network, a local crypto and blockchain company. The first in the region deal aims to bring blockchain solutions to the emirate’s game developers. According to a statement, Attarius Network, focused on developing blockchain gaming, will build an all-in-one…

Carry1st, a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z), with investments from Avenir and Google. Carry1st will use this funding to expand its portfolio, teams, and user base, as well as develop Web3 infrastructure in Africa to support…