#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 24 25.11.2021

Axie Infinity NFT land plot sells for a record 550 ETH

A user paid 550 ETH (about $2.46 million) for a plot of virtual land in the Axie Infinity NFT game.

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ForkLog 6 24.11.2021

Decentraland and The Sandbox tokens jump 30% in a day

Prices for GameFi metaverse tokens Decentraland (MANA) and The Sandbox (SAND) hit all-time highs at $5.33 and $7.21 respectively.

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ForkLog 11 24.11.2021

Blockchain-gaming startup Avocado Guild raises $18 million in Series A

Blockchain gaming startup Avocado Guild raises $18 million in a Series A round led by Animoca Brands and QCP Soteria Node.

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ForkLog 16 17.11.2021

The Sandbox to launch alpha version of its metaverse

The blockchain gaming platform The Sandbox announced a partial rollout of its metaverse to a limited group of users on November 29, 2021.

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ForkLog 8 12.11.2021

Gaming guild The Club buys Star Atlas NFT ships for $3 million in USDC

The Club gaming guild invested $3 million in USDC in Star Atlas NFT project's in-game ships.

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ForkLog 14 05.11.2021

FTX, Lightspeed and Solana Ventures establish a $100 million fund to back blockchain games

Solana Ventures, Lightspeed Venture Partners and FTX announced the creation of a $100 million fund to invest in startups developing blockchain games. The announcement was reported by Yahoo Finance.

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ForkLog 22 02.11.2021

October 2021 in Numbers: Record Bitcoin ETF Debut, Meme Token Rally, and $2.9B for Ethereum Miners

Bitcoin and Ethereum hit all-time highs, a trend toward meme tokens and GameFi emerged, trading volume on leading spot exchanges approached $1.5 trillion, and the stablecoin market capitalization reached $125 billion — all in ForkLog’s latest analytic report.

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ForkLog 12 02.11.2021

Binance Labs Invests in Blockchain Game Star Sharks

Binance's venture arm announced strategic investments in the Star Sharks project as part of developing the gaming sector within the Binance Smart Chain (BSC) ecosystem. ForkLog has been told by company representatives.

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ForkLog 32 01.11.2021

Squid Game-inspired token plunges from $2,856 to near zero in minutes

The price of the SQUID token, launched inspired by the popular Netflix series “Squid Game”, plummeted within minutes from $2,856 to $0.005.

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ForkLog 30 30.10.2021

Ubisoft to develop blockchain games based on the play-to-earn concept

The video game developer and publisher Ubisoft plans to invest in blockchain startups and create its own projects based on the play-to-earn concept. This was stated by the company's CEO Yves Guillemot during a teleconference covering Ubisoft's first half of the 2021/22 fiscal year.

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ForkLog 11 29.10.2021

Squid Game-inspired token released; price up almost 300% in 24 hours.

A token named Squid, inspired by the popular Netflix series 'Squid Game', has been released. Its price is rising rapidly, but users report difficulties selling the asset on PancakeSwap.

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ForkLog 8 29.10.2021

Central Bank flags a new type of gaming financial pyramid that raises funds through cryptocurrencies

The Russian central bank has recorded the spread of a new type of financial pyramid schemes masquerading as online investment games, which also attract funds via cryptocurrencies. This was stated by Valery Lyakh, head of the Central Bank's Department for Combating Improper Practices.

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