Hamster Kombat has lost 259 million players, dropping its user base by 86% in three months. The HMSTR token price has fallen 76%, eroding trust among early adopters and players. Government scrutiny and controversies have intensified concerns about the game’s future. Hamster Kombat, once hailed as a groundbreaking tap-to-earn game on Telegram, has recently experienced…
The following is a guest post from Yaniv Baruch, COO at Playnance. Blockchain gaming recently hit a record high of 4.2 million daily active users, according to a DappRadar report. The GameFi industry is seeing an unprecedented surge in new users. However, this growth is somewhat overshadowed by buzzier trends like AI and memecoins. Three…
The Hamster Kombat airdrop has been touted as one of the largest in crypto history. The airdrop will distribute 60 billion HMSTR tokens. The Hamster Kombat team rejected VC offers, ensuring token value is driven by community demand. The Hamster Kombat team has announced that only 43% of its players qualify for the highly anticipated…
September 23, 2024 at 03:10 PM GST updated: September 23, 2024 at 01:58 PM 2 mins read News GameFi and Ai are some of the most bullish narrative this crypto bull cycle. Many believe Nakamoto Games (NAKA) will lead the charge for a GameFi pump. Analyst believes NAKA price could pump even more when an…
Community tokenization in gaming transforms players into stakeholders, enhancing engagement. Catizen is one of the standout examples of community tokenization in the gaming space. Catizen has achieved a 6-8% token holder conversion through strategic airdrop campaigns. The gaming industry is undergoing a profound transformation, driven by the rise of blockchain technology and the concept of…
GameStop (GME) CEO Ryan Cohen has settled with the Federal Trade Commission (FTC) over antitrust violations. The United States regulatory agency accused Ryan of unlawfully acquiring Wells Fargo’s securities. Following the news, GME experienced a 3% price decline in just 24 hours. The Gamestop Versus FTC Suit and Settlement In a press release, the FTC…
Pixelverse launches a closed beta MMORPG browser game with TON microtransactions. The game marks the first TON integration outside Telegram, expanding web3 gaming. Pixelverse aims to grow its user base and enhance gaming with immersive web3 elements. Pixelverse, the innovative gaming ecosystem known for its cyberpunk theme and blockchain integration, has achieved a major milestone…
September 16, 2024 at 03:23 AM GST updated: September 15, 2024 at 10:28 PM 2 mins read News GameFi is at the forefront of blockchain gaming by offering developers tools for development. Such a strict screening process allows Seedify to select quality projects for investors to fund. Thus, TrustPad’s multi-chain support provides flexibility in developing…
Sony’s Soneium partners with Transak for fiat on-ramp into Ethereum Layer 2. Gamers can buy and trade NFTs with traditional payment methods on Soneium. The partnership aims to drive blockchain adoption in the gaming and entertainment sectors. Sony Block Solutions Labs, the innovation arm behind the recently launched Soneium blockchain, has announced a strategic partnership…
August 24, 2024 at 04:00 AM GST updated: August 24, 2024 at 01:28 AM 2 mins read News With 94% of its tokens locked, Saga (SAGA) may experience increased selling pressure as these tokens are gradually released into circulation. Over 60% of Xai’s (XAI) tokens are locked, held mainly by the team and investors, suggesting…