Hi everyone,
It was a particularly busy week in the world of blockchain games, but before jumping into the latest headlines make sure to read our new essay on XYZ. As a reminder, you can read the full update in our research portal, or you can skim through the weekly highlights here in your inbox. <Read More button>Also, please note that our upcoming deconstruction of Splinterlands will come out next week, so stay tuned for that. Let’s dive in…
Top News
<2-3 of the week's most important topics with 1-2 short paragraphs of explanation>
ABC Launches
<1-2 short paragraphs of what happened, why it matters, and why it’s interesting>
XYZ Raises $$
<1-2 short paragraphs of what happened, why it matters, and why it’s interesting>
Game Announcements
- Animoca Brands adding play to earn elements for Yuga Labs’ recently released ApeCoin to existing mobile game Benji Bananas. Link
- FTX purchased Good Luck Games, makers of card based game Storybook Brawl with plans to introduce NFT elements. There’s also a twitter thread with some of FTX’s thinking. Link
- GMoney launched Brick Breaker, a game stored entirely on-chain (art and code). Everyone can play but only holders of the 2.5k NFTs can record their high scores. Link
- Chicken Derby, a chicken racing game launched it’s open beta. Link
Funding Announcements
- Yuga Labs followed up last week’s big push with a $450 million fundraise at a $4 billion valuation led by Andreessen Horowitz. Link
- KlayCity, a Klaytn Blockchain based metaverse project raised $3.75 million in a seed and private round funding led by Krust and Animoca Brands. Link
- Joyride, a mobile web3 game dev platform raised $14 million in seed and follow-on financing led by Bitkraft Ventures and SuperLayer. Link