Tag: Games

Mythical Games, a blockchain-based gaming company, has raised $150 million in a Series C round led by Andreessen Horowitz (A16z) at a $1.25 billion valuation. The firm will use the funds to expand its team, scale operations, and bring new game developers to its non-fungible token (NFT) platform. The American venture firm Andressen Horowitz led…

The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem, writes Anirudh Tiwari on Cointelegraph. The gaming industry is a multi-billionaire dollar market traditionally dominated by giant corporations like Atari, Sony, Microsoft, and Nintendo, among others. Throughout their history, these major firms have aimed…

Valve has issued an update to Steam‘s rules that forbids blockchain-based games, which allow NFT and crypto trading. The developer says Valve is removing blockchain games ‘because NFTs have value.’ Studio SpacePirate Games said Thursday on Twitter that Valve would remove all blockchain games from the Steam platform. A screenshot of Steam’s developer rules and…

The digital ownership conferred by blockchain will allow the Metaverse to fulfill its true potential as community-owned and community-governed, writes Yat Siu on Cointelegraph. Every day, we hear of more involvement by big industry players (for example, Epic Games and Roblox) as we creep closer to the Metaverse, a shared persistent virtual environment of interconnected…