Weekly Crypto Gaming Update: December 11-17, 2023
The crypto gaming sector is experiencing a surge of growth, marked by exciting collaborations and breakthroughs. Don’t miss out on these key moments from the last week.
Forbes Enters Web3 with Interactive Campaigns
Forbes, the esteemed business publication, has unveiled a sequence of interactive campaigns in partnership with Galxe, a leading web3 gaming studio. These initiatives will offer Forbes readers and Galxe gamers unique NFTs, incentives, and experiences. The inaugural campaign, “Forbes x Galxe: The Future of Finance,” set to debut on December 18, will delve into blockchain and crypto’s transformative effects on finance.
Google Cloud Joins XPLA as a Validator
XPLA, the gaming-focused blockchain by South Korean gaming giant Com2uS, has named Google Cloud as its inaugural volunteer validator. Google Cloud will lend its computational prowess and security to the XPLA network, which underpins the hit mobile game Summoners War: Chronicles. XPLA’s vision is to forge a decentralized gaming realm that empowers genuine digital ownership, cross-platform play, and scalability.
Enjin’s Transition to Polkadot-Based Blockchain
Enjin, a trailblazer in blockchain gaming, has successfully transitioned from Ethereum to the Enjin Blockchain, built on Polkadot. This new blockchain promises enhanced transaction speed, affordability, and scalability for gaming and NFT transactions. It also facilitates asset transfers across different blockchains, promoting interoperability.
Rising Stars: IMX and BEAM Game Tokens
The crypto gaming market has witnessed a spike in the value of certain game tokens, notably IMX and BEAM. IMX, the core token of Immutable, the company behind titles like Gods Unchained and Guild of Guardians, has seen a staggering 300% increase over the past month, peaking at $10.72 on December 14. Similarly, BEAM, the currency of Beamable, a social gaming platform compatible with Unity, has experienced a 200% rise, reaching a new high of $0.42 on December 15.
Pudgy Penguins Unveils ‘Pudgy World’
Pudgy Penguins, a beloved Ethereum-based NFT collection, has announced its forthcoming game, ‘Pudgy World.’ This social open-world adventure allows Pudgy Penguin NFT owners to explore, socialize, and engage with fellow penguins. The game will also incorporate quests, mini-games, and events, rewarding participants with exclusive NFTs and tokens.