NFT News Today Official TheBitTimes.com

Blockchain Capital secures a record $580 million in new funding to invest in emerging and later-stage crypto initiatives, focusing on decentralized finance, gaming, and blockchain infrastructure. The freshly obtained investment will be channeled towards budding and innovative startups specializing in diverse crypto sectors. This includes the trending decentralized finance (DeFi), crypto gaming , and the foundational infrastructure of these domains. We're thrilled to share the closing of 2 new funds – our 6th early stage fund and 1st opportunity fund. Together, they total $580 million and serve to reinforce our commitment to leading the global transition to decentralized, blockchain-based systems. ↓https://t.co/Vr2uYnGlF7 — Blockchain Capital (@blockchaincap) September 18, 2023 The San Francisco-based VC firm secured its funding through two novel funds. The firm’s portfolio, already boasting $2 billion in managed assets, is set to diversify even further.  D...

Oasys and Adventure Gold DAO (AGLD DAO) have formed a collaborative partnership, representing a notable advancement in the establishment of a synergistic shared ecosystem. The newly established collaboration aims to enhance the scope of completely on- chain games and support the expansion of Autonomous Worlds (AW). The advanced architectural design of Oasys, which operates without the need for gas, together with the infrastructure and assistance provided by AGLD DAO for Autonomous Worlds, will enable builders inside the Oasys Chain and Lootverse, to effectively establish autonomous and decentralized digital ecosystems, as per the latest insights shared by the gaming -optimized block chain with Finbold on September 12. Through the integration of various characteristics, the collaborating entities will establish new benchmarks in terms of game efficacy and ingenuity while enhancing the principles of impartiality, availability, and communal autonomy within block chain space. ...

Could higher-quality gameplay and a completely free experience allow Web3 titles to attract more users? Play-to-earn games took the world by storm in 2021, and at their peak, some enthusiasts in South East Asia were able to supplement their incomes by getting involved. However, a crushing bear market and a series of hacks changed all that, and to make matters worse, the tokenomics within top-tier titles were unsustainable, meaning the rewards on offer had to be drastically reduced. Some gamers are also dismissive of the proliferation of nonfungible tokens (NFTs) and cryptocurrencies, arguing that they take the fun out of the experience by making everything about money. Ubisoft is just one of the big brands that has faced negative feedback from its customers. Even for players who are open to nonfungible tokens, getting involved can be an expensive endeavor. In-game assets aren’t always cheap, especially when gas fees are factored in. And there’s also the risk of a disappointing return...

The tournament, “0xMonaco: Battle of Titans,” is scheduled to kick off on Jan. 29 and will bring together developers from around the blockchain space. MatchBoxDAO — a collective of developer s, artists and designers building on-chain Gaming infrastructure with StarkNet — has announced the launch of MatchBox Arena, an esports experience specifically designed for developer participation. Dubbing it the “World Cup of the Web3 companies,” the team said the Gaming tournament is designed to find out which company has the best technical team.  We are finally launching: "Matchbox Arena" With the "Battle of Titans" as the first CTF competition released on the platform, we'll officially release "Matchbox Arena" tomorrow where the players will be able to upload their code.https://t.co/vGbEuyzus0 More info below — MatchboxDAO (@matchbox_dao) January 17, 2023 The tournament, titled “0xMonaco: Battle of Titans,” will bring together Web3 developers from c...