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Open World Metaverse Platform, Bullieverse Launches ‘Bear Hunt’ Introducing Bear NFTs To The Game

Open World Metaverse Platform, Bullieverse Launches ‘Bear Hunt’ Introducing Bear NFTs To The Game

The launch of the complete version of Bear Hunt introduces a new class of non-fungible tokens, Bear NFTs to the Bullieverse metaverse. Decentralized gaming protocol, Bullieverse announced the launch of its complete version of Bear Hunt, which is the first Web 3 play-to-mint NFT game on the platform. The game introduces a wide range of […]

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London-based blockchain game developer, First Light Games completes a $5 million token sale funding round

First Light Games has successfully completed a $5 million private token sale round led by Animoca Brands and Mechanism Capital to develop its play-to-earn mobile-based game, Blast Royale. In an announcement today, London-based game development firm, First Light Games successfully closed a $5 million private token sale in an effort to boost the development and adoption of its blockchain-based mobile game, Blast Royale. The private token sale was led by top investors in the space including Mechanism Capital and Animoca Brands, a blockchain firm that has already invested in over 150 NFT-related companies over the past year. The funds raised will be used to continue to develop the game, attract top talent, and grow the game community. Furthermore, the funds will be used to create new features in the game including tournaments and high-stakes Blast Royales, planned to be launched later in the year as First Light Games plans a push into esports. The private sale also welcomed participation from other top crypto investment companies and angel investors including Dragonfly Capital, DeFiance Capital, Play Ventures Future Fund, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Ancient 8, and AvocadoDAO. Nick Chong and Santiago R Santos were the notable angel investors in the round. The presence of top and influential crypto investors in the company sets the foundation for a successful GameFi ecosystem on Blast Royale,  Neil McFarland, CEO of First Light Games shared. With a shared vision, the investors aim to make “Blast Royale one of the best gaming titles (in the blockchain space)” and provide gamers with a “compelling and fun gameplay that makes Battle Royale game suitable for the Web3 generation,” Neil added. Developed in 2021, during the NFT and GameFi boom, Blast Royale offers users a platform to battle in a royale survival match. The gameplay involves 30 players entering the fighting grounds in a ‘last one standing’ competition to win various rewards. Players battle and use their rewards to build up their characters using NFT items won or collected within the game. The players’ meta inventory influences the quality of items carried into a match and the utility of their character. Blast Royale uses two native tokens, Blast ($BLST), the primary token, and Craft Spice ($CS), the in-game play-and-earn token of the Blast Royale metaverse. The $CS token gives players a wide range of utility within the game including buying enhancing equipment for your character or repairing damaged equipment. Players earn $CS tokens when playing the battle royal matches based on their performance, invested time, and overall effort. The $BLST token is the main token on the Blast Royale marketplace where users can purchase NFTs. Having invested in over 150 gaming and NFT-related startups, Animoca Brands executive chairman and co-founder, Yat Siu believes Blast Royale will transform the GameFi industry with its “high quality of gameplay”. “Given the progress so far and the First Light Games team’s strong pedigree of several iconic hit games, we believe that Blast Royale will be an appealing and compelling metaverse entry for a new generation of gamers,” Siu commented. In a similar breath, the Principal at Mechanism Capital, Eva Wu reaffirmed the company’s goals of investing in the growing crypto gaming industry. “When a space like crypto gaming is in its infancy, it’s incredibly important to back strong thinkers who shape how the space evolves,” Eva Wu said in an interview. “We’re very excited to work with the team [Blast Royale] to tackle what a play-to-earn world might look like.” At the end of Q2 2022, the Blast Royale development team is planning on launching a testnet for the game, which, if successful, will usher in the global launch of the game in Q3. Finally, the team has also added a competitive metagame layer to the gaming equipment, giving players strategic agency over the optimal loadout to bring into battle.

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Blockchain-based game Blast Royale raises $5 million in a private round led by Animoca Brands and Mechanism Capital

Blockchain-based game Blast Royale raises $5 million in a private round led by Animoca Brands and Mechanism Capital

According to a statement by First Light Games, the parent company of Blast Royale, the game has attracted top investors in a private sale funding round, successfully raising $5 million. The funds raised will be used in enhancing the development of the game, attracting top developer talent, marketing, and growing the game’s community across the […]

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Better Graphics And More Intense Gameplay Promise To Revolutionize Play-To-Earn Gaming

Play-to-earn games like Axie Infinity exploded in popularity during the COVID-19 pandemic, giving thousands of video games enthusiasts in low-income countries like the Philippines a chance to earn a living. The rise of P2E was a godsend for many, because in the Philippines its gross domestic product declined 9.6% in 2020, its biggest drop in more than 70 years, according to a study by IHS Markit. With so many Filipinos finding themselves out of work, thousands flocked to P2E games. Axie Infinity’s team reported in March 2020 that more than 29,000 new players from the Philippines signed up to the game, out of 70,000 new sign-ups worldwide in the same month. Those players were signing up because Axie Infinity, and other P2E games offer them a chance to earn a viable income simply from playing and completing achievements. What’s more, Axie’s community provided a solution to the requirement that players purchase an NFT before they can start playing, offering scholarships to new players in return for a slice of their income. P2E’s rapid growth in low-income countries has been well documented, but the real breakthrough for the industry will only come when it manages to tap the traditional community of video game players who’re not motivated primarily by earnings. That means catering to the 66% of gamers that Statista says primarily play games to unwind and decompress. Unlike NFT-based games, traditional video games offer a much wider genre of titles, with ultra-realistic graphics and rich storylines. Immersive sandbox games such as Grand Theft Auto give gamers a way to completely escape from reality and become totally immersed in a new world, where they can put their own mundane lives on hold to become the hero in an engaging story. The biggest P2E games don’t do this – to put it bluntly, the gameplay in Axie Infinity is about as dull as it gets, and until the industry does something about this, conventional gamers who play for fun are unlikely to want to get in on it. Top-Tier P2E Games Are On The Way The winning combination is to have both P2E elements, a low barrier to entry, and an exhilarating and enjoyable gameplay experience. Thankful, developers of some of the most promising up-and-coming P2E titles seem to be aware of this. Take Battle Drones, a soon-to-be-released game on the Solana blockchain, which is a 3D isometric shooter game that bears similarities with classic titles such as Call of Duty and Fortnite. Video game purists will be eager to hear that Battle Drones’ developers have built the game using Unreal Engine, a popular and widely-used game engine developed by Epic Games. Using Unreal Engine, developers can create massive virtual worlds with incredibly rich graphics and smooth motion, meaning an altogether different level of realism than is possible with today’s P2E games. With Battle Drones, the developers plan to launch with a player-vs-environment mode called Onslaught where players will be able to win rewards such as BATTLE tokens and drone parts. There’ll be a community leaderboard too, so players can chart their progress and fight for recognition among their peers. In future, Battle Drones will add additional game modes such as Co-op, multiplayer, tower defense and even a drone racing mode to enhance the experience for players. Players will be able to customize their drone NFTs with various parts they can purchase from the Drones Bones Store or win by beating their opponents and completing challenges.  The team also has ambitions to launch regular player-vs-player Battle Royale contests, where numerous players will get together and battle it out. A second promising title that’s aiming to turn the P2E dynamic on its head is Plutonians, a forthcoming MMORPG Metaverse space strategy game that will have elements of strategy RPG, shooter action, multiplayer PvE, and social alternate reality games. Plutonians is built using a combination of Unreal Engine 5 and WebXR and will take place in an enormous metaverse that’s accessible through multiple screens including augmented reality, virtual reality, web and mobile. It will be a space trading adventure game in the mold of the classic game Elite, where players have the freedom to become a space pirate and spend their time looting other vessels they come across. Alternatively, they can take a more diplomatic approach, trading with others at the nearest spaceport cantina. Players will need to seek items including increasingly elaborate and more powerful spaceships, weapons and technology, while traversing through the immense Plutonians universe to explore new worlds and opportunities. What Does This Mean For Guilds? New titles such as Battle Drones and Plutonians promise to open up the world of P2E games to a much broader audience of gamers that care first and foremost about gameplay alone. The ability to earn a living will merely become a bonus for gamers seeking an escape from the grind of their daily lives, but one that’s potent enough that it could well become the norm, with P2E aspects eventually incorporated into most new video game releases. With that, it becomes harder to predict which P2E games will have staying power, something that could have big implications for gaming guilds such as Yield Guild Games, Crypto Gaming Guild, and Avocado Guild to name a few. Guilds play a vital role in the P2E economy, giving players without the financial means access to the NFTs they need to start playing. Yield Guild Games and its rivals have amassed vast collections of NFTs that they rent to scholars in exchange for a slice of their income, but it’s a model with inherent risks – if a game loses popularity, those NFTs will quickly lose their value, to the detriment of the guild that’s invested in them. As P2E shifts its focus onto gameplay and newer, more exciting games constantly enter the fray, we’ll likely see a shift in guild’s strategies. One guild, Balthazar, is already doing this. Balthazar is a decentralized autonomous organization, similar to other guilds, but its business model is very different. Rather than buy NFTs, it rents tokens from individuals before loaning them to its most promising “wizards”. Balthazar sees itself as the “Airbnb” of P2E gaming guilds, its chief executive John Stefanidis told Stockhead in a recent interview. “We want to stay as asset-light as possible,” he said, explaining that it’s impossible to predict which P2E games will endure. Balthazar has a second model in the works with Balthazar Buy, a soon-to-be-launched marketplace aimed at investors. Balthazar will recommend promising NFTs for investors to buy, and then when they purchase those tokens, it will rent them from investors and loan them to its wizards. It makes sense because Balthazar is well-placed to identify the highest-yield NFTs, Stefanidis told Stockhead. The way the P2E game industry is headed, it will only be a matter of time until the space is saturated with dozens of top-tier games that are not just fun to play, but also boast massive communities, on the level of Dota, Counterstrike and GTA. Maybe even Battle Drones and Plutonians will one day enjoy the same level of recognition. Meanwhile, progressive guilds such as Balthazar will be well placed to profit from it, giving anyone who wants to join in the action an opportunity to do just that.   Image: Pixabay

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SIDUS HEROES: Merging NFTs, DeFi, and Gaming Into a Play-To-Earn Metaverse

The race to set up the building blocks of the metaverse is on and many companies are hard at work establishing the world’s first open-source, decentralized virtual universe. This race has in part been galvanized by the rise of NFTs (Non-Fungible Tokens), whose values have shot up in price in direct correlation with rising cryptocurrency prices. One of the biggest initiatives out there currently working to establish a metaverse with a play-to-earn gaming model is the SIDUS HEROES project. This is a first-of-its-kind Web Graphics Library (WebGL) and massively multiplayer online role-playing game (MMORPG) platform set in an outer space metaverse scenario at a time when machines have merged with living things. Inside the SIDUS HEROES universe, life, as we know it, has changed beyond anything we’d recognize today, and the technology, having permeated everyday life, has passed the point of no return. The game provides players with the adventure of interstellar exploration and a battle royale experience, as well as the opportunity to build social, political, and economic partnerships within the game’s ecosystem. In this metaverse with its play-to-earn economy, players fight for scarce resources that are scattered throughout its universe. The platform’s economy is supported by a two-token system – one that is used in payment for work or services rendered and the other to enable voting as members of the platform’s decentralized autonomous organization (DAO). What Exactly is SIDUS HEROES? At its core, SIDUS HEROES is an MMORPG that’s built using the play-to-earn model, which means it incorporates aspects of decentralized finance, NFTs, and blockchain connectivity. By doing so, it hopes to establish a thriving metaverse economy. SIDUS HEROES is a new type of video game where players get to earn real rewards for their efforts or actions in the game. Thanks to the incorporation of NFTs into its blockchain, each player gets ownership rights over the in-game assets they either earn as rewards or purchase using the platform’s native tokens. The game’s internal economy is built with tangible value in mind, thereby making a substantial contribution to the leisure economy in which players can earn a living from simply playing games and interacting on the platform. What’s more, SIDUS HEROES takes the entire concept to an entirely different level owing to an infrastructure that allows players to engage with the platform, without having to download sophisticated applications onto their PC, Android, iOS or Mac devices. With a simple click of a button, players can begin experiencing the SIDUS HEROES universe using any browser, since the platform comes with a Web Graphics Library (WebGL). How the SIDUS HEROES Game Works As mentioned earlier, the game is set in a futuristic universe inhabited by 12 races. There are different communities within the game’s metaverse based on the different races. The features that come with a player’s avatar are determined by the race it belongs to. Due to the different races, the gameplay involves clashes and battles between the races. Players can form groups with other individuals from different backgrounds to push a common agenda within the SIDUS HEROES game. Players can build fighting legions, do battles with other players in the Arena or challenge other players to a duel. Other players may instead choose to explore the SIDUS HEROES metaverse and seek out adventures or become outer space pirates who plunder the virtual seas. Explorers traveling through the SIDUS HEROES universe also get to discover hidden gems in the form of monsters and other space creatures that can be tamed, bred, and used in battles. These in-game space creatures are bought as NFTs and can be traded for other digital assets within the platform’s ecosystem. What’s more, players with a creative bent can become farmers, builders, and creators using the platform’s NFTs infrastructure to mint new in-game assets that can be sold within the platform’s ecosystem. SIDUS HEROES Tokenomics The platform’s economic model influences the gaming experience and is tied to its play-to-earn model, which is designed to incentivize players to keep coming back to the platform. The team behind the platform believes that the incentives built into the metaverse are enough to keep each player engaged for at least 3 years, thanks to the earning opportunities they’ve incorporated into it. Players don’t just earn from fighting, there are rewards to be had from contributing to the labor market through the platform’s supported professions, which depend on where the player prefers to operate. Each profession has an important role in the game’s ecosystem. For this reason, the SIDUS HEROES platform features a dual-token economy. Its two native tokens are the SIDUS and the SENATE. Both tokens act as the platform’s internal currency and can be used to make purchases. However, only the SENATE token can be used to buy premium assets such as virtual plots of land and spaceships or station modules within the game. The SIDUS token, on the other hand, is primarily used to purchase wearable NFTs for a player’s avatar, as well as other enhancements and equipment within the game. When it comes to the platform’s governance and decision-making through the DAO, players holding the SENATE token get to vote on various changes to the SIDUS HEROES universe. Payments for other internal services and platform commissions are made with the SIDUS token. Both tokens benefit from a deflationary process, which creates positive pressure on the demand for the platform’s in-game assets. The maximum supply of SENATE tokens stands at 300 million and 30 billion for SIDUS tokens. NFTs in the SIDUS HEROES Metaverse Non-fungible tokens are a key aspect of building any metaverse and the team behind the SIDUS HEROES project has brought together numerous artists and developers to design a unique NFT concept. Within the SIDUS HEROES metaverse, every in-game asset, whether it be a spaceship, a character, or a piece of equipment, is an NFT. The platform uses a proprietary blockchain network in addition to WebGL technology, allowing every player to have easy access without the need for additional sophisticated devices or software. WebGL makes it possible for each player to dive into the game and experience the incredible 3D graphics that make up the SIDUS HEROES metaverse, using only a simple browser. This makes access to the platform’s NFTs very easy, especially for a global audience who is eager for a simplified way to own and trade NFTs. Not only can NFTs be bought and sold on the platform’s marketplace, but there are also special edition NFTs. Overall, the platform features 3 NFT collections which include the SIDUS NFT HEROES, the SIDUS GENESIS NFTs, and the SIDUS ACADEMY NFTs. The SIDUS NFT HEROES features a collection of 6,000 unique characters and ownership of each NFT from the collection can get a holder an in-game character or a ticket to the SIDUS GENESIS game. The SIDUS GENESIS NFT collection originates from the SIDUS NFT HEROES collection. This set features a new collection of NFT cards with 3 levels of rarity. Each rare card can give a holder entrance to the game. Then there is the SIDUS ACADEMY NFTs which are a set of NFTS that will transform into in-game characters giving owners access to the SIDUS HEROES metaverse and game. SIDUS HEROES Partnerships and Future Outlook Going forward, the SIDUS HEROES team plans to continue its partner-building strategy with high-profile investors and the most popular YouTube creators. In this way, the project can drum up support with the help of social media influencers and prominent crypto and blockchain VC firms. So far, the team has partnered with quite a number of notable figures in the blockchain industry, including the fast-growing VC fund Anti Fund, founded by Geoffrey Woo and Jake Paul (the famous YouTuber and entrepreneur). Apart from Jake Paul’s contribution, the SIDUS HEROES project will also benefit from influencers such as Alex Becker, MrBeast, and EllioTrade, who collectively bring with them an audience of over 120 million. In the second quarter of 2022, SIDUS HEROES will expand its universe with the addition of new star systems, the launch of a mobile web version, and the launch of a reputation reward system for those loyal to the SIDUS token. Developments are also underway to establish a launchpad for players, giving them away to raise capital and support for their own in-game projects. Overall, the SIDUS HEROES team is busy at work building the platform and ensuring that the tokenomics model is stable. The platform’s roadmap envisions a future where NFTs will be used in various ways, including for the purchase of virtual garments, land, avatars, homes, and other items within the game. The intention is to introduce a type of gameplay that’s designed to incentivize players to go beyond seeking entertainment, one that empowers them to become investors and entrepreneurs in their own right.