Looking for the newest GameFi developments? We’ve been keeping a close eye on the GameFi industry this week and have curated the most thrilling and up-to-date updates just for you. Here’s a roundup of all the noteworthy GameFi news from March 27-31, 2023.
FLASK Announces Beta Version of Web 3.0 GameFi Platform NAODA
Blockchain game company FLASK has revealed that the international beta of its Web 3.0 GameFi platform, NAODA, will be released on April 7, 2023. The platform aims to offer high-quality gaming experiences with community-driven features and strategic partnerships.
NAODA will issue Proof-of-Participation (POP) digital badges to users who participate in gaming and platform features. These badges record individual player’s achievements, and NAODA’s NFT Marketplace allows players to redeem them as tokens. As the platform evolves, earning POPs can provide opportunities to participate in future governance for NAODA’s ecosystem.
The official version of NAODA is set to be released in the second half of 2023. FLASK will be attending the 2023 Consensus event in Austin, Texas, from April 26-28 as an official sponsor, issuing special POP badges to attendees who visit the company’s booth.
FLASK is a KOSDAQ-listed company that relaunched in 2022 with ambitions to lead in the expansion of blockchain and Web 3.0 technologies. The company plans to provide expanded GameFi services through its upcoming blockchain game platform, NAODA, and high-end games scheduled for release in the first half of this year.
Blockchain Gaming Executives Predict Mainstream Studios Will Warm Up to Web3 Tech
Blockchain gaming executives believe that mainstream game studios will eventually change their tune on blockchain technology, despite recent bans on NFTs and blockchain integration. Although gaming skeptics doubt crypto and NFTs, Walter Lee, gaming growth lead at BNB Chain, predicts that mainstream studios will adopt them once regulation guarantees player safety. He believes player demand will tip the scale of blockchain tech in mainstream games.
According to Grant Haseley, a success story is enough to inspire mainstream adoption, says the executive director of Wagyu Games, a Web3 and mobile game development company. Haseley thinks mainstream is hesitant as it undermines content payment model.
Justin Hulog, the chief studio officer at Immutable Games Studio, clarifies that NFTs and crypto transfer ownership of digital assets from companies to players, which may hinder mainstream adoption. Hulog believes mainstream studios will accept blockchain, initially by adding crypto payments to games.
Junpier Research 2020 estimates that gaming companies will earn $20B from loot boxes and microtransactions by 2025. Mainstream studios may embrace blockchain tech as cryptocurrencies continue to gain popularity and become more widely accepted as payment methods.
Shiba Inu-based game ‘Shiba Eternity’ releases version 1.1.7 update
Shiba Eternity, the popular Shiba Inu-based card battle game, has upgraded to version 1.1.7. The latest update contains fewer changelogs but has been noted to be equally important in improving the game’s memory and performance optimizations.
Queenie, game community manager, revealed patch with major backend improvements on Discord. Queenie also shared the patch notes, highlighting the key improvements to the game’s memory, rampage sequencing, and overall performance.
Memory optimization changes how the game uses computer memory, improving the overall performance and reducing the chances of crashes or freezes. The rampage sequencing improvement ensures that the game properly executes actions during a rampage, making it more stable and preventing unexpected behavior. Performance optimization makes the game more responsive and faster by improving how it interacts with a computer’s hardware and resources.
Since launching in October 2022, developers have pushed frequent updates to ensure the perfect gaming experience for users. The game has 100K+ downloads and 4.8-star ratings on Apple and Google stores.
Immutable and Bazooka Tango Collaborate to Revive Dead Game, Shardbound
Immutable Games has announced that it will collaborate with game studio Bazooka Tango to turn the 2017 turn-based tactical collectible card game, Shardbound into a Web3 blockchain game. The game was initially funded via a Kickstarter crowdfunding campaign but only received an incomplete “Early Access” release.
Shardbound’s co-developers hope to capture the mainstream gaming audience unfamiliar with crypto. The new Web3 iteration of Shardbound will appear on PCs and potentially on the NFT-friendly Epic Games Store or Steam. Immutable’s network will be “hands-on” with the game’s development, providing “end-to-end Web3 gaming strategy and execution”.
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