‘Breakthrough growth’ will be driven by Web3: HK financial secretary

    Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector. Hong Kong’s Financial Secretary, Paul Chan Mo-po has reiterated his support for blockchain technology, calling it the next wave of “breakthrough growth” in the digital technology industry in a recent blog…

    Illuvium’s collapsing token represents the problems with GameFi

    GameFi developers have been focused on raking in money — and they’ve forgotten that they need to make games fun in order to win over players. Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated…

    Metaverse investments: Opportunities and risks of the trillion-dollar VR market

    What are the best metaverse projects that investors should keep on their radar? Cointelegraph Research ranks the top metaverse projects. The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph…

    Bridging virtual and real economies with blockchain gaming — Interview with Gold Fever

    Exploring the integration of real-world economics within the virtual realms of blockchain gaming through commercial NFTs. The world is on the precipice of an exciting new era in gaming, which will see the incorporation of blockchain technology as a revolution in the space. With enhanced player ownership and the possibility of real-world economics within virtual…

    Polygon becomes second largest gaming blockchain after user activity surges in March

    Polygon overtook Hive for the second spot in last month, as the growth in unique active wallets was driven in part by the Hunters On-Chain RPG game. Surging user activity on Ethereum layer-2 (L2) Polygon in March saw the network become the second-largest blockchain gaming network in terms of unique active wallets (UAWs). According to…

    Gamers made up nearly half of all blockchain activity in January: DappRadar Report

    A new report from DappRadar revealed that during the first month of 2023, blockchain gaming made up 48% of all DApp activity. Play-to-earn blockchain gaming experienced a downturn over the last year as gamers prioritized improving the gameplay experience. However, according to a new report from DappRadar, in the first month of 2023, gamers made up nearly…