The Web3 gaming world is buzzing with excitement, especially as hype builds for its first AAA title.
TL;DR
- Web3 gaming is slowly heating up
- SEC drops inquiry into Immutable
- Gunzilla Games’ Gun token gets listed on a major exchange
- Star Atlas is teaming up with SingularityNET
- Pixels founder receives death threats
Introduction
The Web3 gaming world is buzzing with excitement, especially as hype builds for its first AAA title. The anticipation soared even higher when Gunzilla Games’ Gun token was listed on a major exchange and Game Informer returned.
Bitcoin’s price is stuck below $90,000 due to low liquidity and a lack of new buyers, and GameStop stock dropped 25% after they announced their BTC investment plan.
Market Overview
The GameFi market cap showed a slight increase from $12.16 billion to $12.46 billion over the last seven days.
The yearly trend from the lows is still showing strength, so there is a foundation for a decent recovery.
Here is the GameFi chart for the last 12 months.
The top GameFi tokens continue to trend to the upside but are still at the mercy of overall market sentiment.
Source: CMC
According to DeFiLlama’s Narrative Tracker, GameFi was ranked 10th and outperformed Bitcoin, Ethereum and Solana. Meme coins were back on top, showing that investors have an appetite for the riskier categories of crypto tokens, which GameFi certainly falls under.
Top Coin Movements
FOUR (previously known as BinaryX) continues to cook and once again emerged as the top performer this week among the top 20 gaming tokens by market cap, of which 60% were in the green over seven days.
Source: CMC
Top Gainers:
- Four (FORM): +32.25%
- SuperVerse (SUPER): +27.80%
- Beam (BEAM): +19.45%
- Immutable (IMX): +7.50%
- FLOKI (FLOKI): +6.04%
Top Decliners:
- SKALE (SKL): -10.89%
- Axie Infinity (AXS): -6.17%
- Kadena (KDA): -3.50%
- Ronin (RON): -3.37%
- MulitversX (EGLD): -2.62%
Web3 Gaming Activity This Week
The World of Dypians experience went to the next level with Oryn Agent, which just landed on X.
The Forgotten Runiverse has launched and is now officially live.
Some massive and inspiring gains were made over the last seven days in GameFi adoption.
- Seraph: In The Darkness’ UAW skyrocketed 324.83% after a new week of Dungeons and the Ladder kicked off.
- LiveArt soars 129.03%, and they believe the future of wealth creation is AI-driven.
- Immortal Rising 2 surges 20.36% after a successful TGE.
- STAN rises 9.50% and is one of the top 15 GameFi projects by 30D active users.
Latest Blockchain Gaming News
Game Informer Returns to Gunzilla Games
Game Informer shut down in August 2024 under GameStop's ownership but has been revived by Gunzilla Games. The studio, known for Off The Grid, has reinstated the entire original team and restored both the digital and print editions of the publication.
Editor-in-Chief Matt Miller expressed excitement over the full reunion of the team, reaffirming Game Informer’s commitment to in-depth gaming journalism. The website has been relaunched, featuring both archival and new content, while plans for the print edition’s return are in progress.
Star Atlas' SingularityNET's AI Agents
The Solana-based sci-fi game Star Atlas is teaming up with SingularityNET to incorporate advanced AI agents into its metaverse. Developer ATMTA aims to improve gameplay by using SingularityNET’s AIRIS system and OpenCog Hyperon framework, allowing AI-driven NPCs to evolve alongside players.
This integration will enable AI agents to assist with onboarding, quests, and in-game economies while advancing human-AI collaboration in a decentralized ecosystem. SingularityNET founder Dr. Ben Goertzel sees this as a step toward superintelligence.
SEC Drops Inquiry Into Immutable
The U.S. Securities and Exchange Commission (SEC) has officially closed its inquiry into Web3 gaming platform Immutable, finding no wrongdoing and taking no further action. This decision resolves a previous Wells notice and provides regulatory clarity for the crypto and gaming industries.
Immutable co-founder Robbie Ferguson said that this development allows the company to continue enabling digital ownership for gamers without legal uncertainty. With over 500 blockchain-based games onboarded and $300 million in funding, Immutable remains a leader in Web3 gaming.
Immortal Rising 2 Receives $3M Funding
The upcoming dark fantasy idle RPG Immortal Rising 2 has raised $3 million from leading Web3 investors, reinforcing confidence in its blockchain-driven vision. The funds will accelerate development and enhance the game’s on-chain integration.
Backed by investors such as The Spartan Group and Immutable, the game uses blockchain technology to offer verifiable digital asset ownership and a decentralized in-game economy.
Pixels Game Founder Receives Death Threats
Luke Barwikowski, founder of the blockchain-based MMORPG Pixels on Ronin, revealed that he and his family have received repeated death threats, primarily from players using automated programs to exploit the game for financial gain. When these accounts are restricted, some individuals respond with threats via X, Discord, Telegram, and email.
What You Can Do Now
- Focus on quality over hype: look out for games that people play for fun rather than just for earning.
- Check for real utility and in-game integration: projects where tokens and NFTs have multiple use cases within the game, such as staking, upgrades, and crafting, tend to be more sustainable.
- Evaluate team experience and transparency: teams with a proven track record in gaming or blockchain are more likely to deliver.
- Assess community activity and growth: high player retention and active communities (Discord, Twitter, Reddit) show that a game can attract and keep players.
- Keep an eye on Immutable after the SEC dropped their inquiry.
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