Cronos launches Cronos Accelerator Program. Epic Games lists their first blockchain game. Illuvium sells US$72M worth of virtual land.
Key Takeaways
- On Tuesday, Cronos launched the Cronos Accelerator Program for DeFi and GameFi startups, funded by the US$100M Cronos Labs Ecosystem Fund. Developers can apply for the 10-week startup program and receive investments of $100,000 to $300,000, including additional funds for audits, node services, and gas fees.
- In a big step toward bringing GameFi to the masses, Epic Games is listing their first blockchain game named Grit—a wild west-based Battle Royale—and will be accessible to 194 million users.
- Despite the ongoing bear market, Ethereum-based NFT RPG Illuvium has managed to sell almost 20,000 digital land plots worth over US$72M, in a sale that ended on Sunday. The game is set to launch later this year.
- The total market cap for GameFi tokens now stands at US$9.41 billion, down -5.28% from last week.
Highlights
- The Red Village announces US$6.5M seed round led by Animoca Brands and GameFi Ventures Fund
- NYX Cosmetics will launch Sandbox NFT avatars
- STEPN’s new anti-cheat is flagging users as bots
- Jadu raises US$36M to bolster development of AR NFT game
- Alien Samurai Dino Warriors take arcade gaming to The Sandbox
- The NFL is launching the league’s first ever blockchain video game
- Animoca Brands reveals US$1.5B crypto and blockchain gaming AUM
- Tommy Hilfiger unveils immersive community space on Roblox
- Budweiser’s Clydesdales zoom into Ethereum NFT racing game Zed Run
- Animoca acquires Notre Game with plans to develop ‘Scratch Lords’
- Solana Ventures sets up US$100M fund for GameFi and DeFi in South Korea
- ‘Father’ of the metaverse Neal Stephenson launching metaverse blockchain
- The Thunderbirds take international rescue to the metaverse
- Meta accelerates metaverse strategy with the launch of Crayta on Facebook Gaming
- Givenchy joins the metaverse craze with a beauty house on Roblox
Game Updates
- Big Town Chef’s genesis NFTs are live and free to mint
- Illuvium is developing a ‘flee’ mechanic
- Torum introduces clans
- Scramble launches PvP
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Top 15 Largest Tokens by Market Cap
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