#Games and GameFi

News and articles about blockchain, cryptocurrencies, and the development of Web3 in the gaming industry, as well as GameFi projects.

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ForkLog 42 23.07.2022

What is GameFi?

What is GameFi? How do projects in this field differ from traditional video games? How are they categorised? We explain in ForkLog’s explainer cards.

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ForkLog 18 22.07.2022

Epic Games Store chief backs NFT games

Tim Sweeney, head of the Epic Games Store, said the digital video game store does not plan to abandon NFT projects.

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ForkLog 14 21.07.2022

Minecraft developers rule out NFT integration

Mojang Studios, the studio behind Minecraft, said it does not support or permit integrating blockchain technology and NFTs into the game.

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ForkLog 16 20.07.2022

Square Enix Backs Zebedee in $35 Million Funding Round

The game-industry-focused fintech startup Zebedee raised $35 million in a Series B funding round. It was led by Kingsway Capital, the press release says.

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ForkLog 12 13.07.2022

Samsung launches virtual space in the Roblox metaverse

Samsung Electronics has launched the Space Tycoon virtual playground in the Roblox metaverse. The initiative is aimed at Generation Z, the company said.

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ForkLog 10 13.07.2022

STEPN reports $122.5 million quarterly profit

In the second quarter of 2022, the M2E platform STEPN posted a profit of $122.5 million from app usage fees.

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ForkLog 10 07.07.2022

Planetarium Labs, Singapore-based Web3 gaming startup, closes $32 million Series A

Singapore-based Web3 gaming startup Planetarium Labs closed a $32 million Series A round, led by NFT game developer Animoca Brands.

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ForkLog 8 15.06.2022

Merit Circle DAO terminates investment contract with Yield Guild Games

Participants in Merit Circle DAO approved a proposal to cancel the SAFT, entered into with the GameFi guild Yield Guild Games (YGG). The DAO will buy out the latter’s stake for 1.75 million USDC.

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ForkLog 9 08.06.2022

Solana to set up a $100 million fund to back Web3 startups in South Korea

Solana Ventures and the Solana Foundation established a $100 million fund to invest in South Korean startups with a focus on DeFi, NFTs, and GameFi.

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ForkLog 11 07.06.2022

NFT game Illuvium raises over $72 million from sale of virtual land

The team behind the role-playing NFT game Illuvium, focused on monster battles, has closed the round selling virtual land plots worth about $72.2 million.

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ForkLog 8 07.06.2022

Axie Infinity turnover falls to February 2021 levels

Axie Infinity's weekly trading volume fell below the $1 million level for the first time since February 2021.

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ForkLog 11 06.06.2022

Gala Games unveils first NFT game on Epic Games Store

By the end of the year, Epic Games Store users will gain access to the platform's first NFT game, GRIT, according to Gala Games.

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