You can make money playing in virtual worlds: Gabby Dizon
Altitude Games CEO Gabby Dizon thinks the science fiction-inspired virtual reality Metaverse is being created all around us at increasing speed. “The Metaverse means different online worlds that are interconnected upon some form of shared economy. Usually, this economy is based on a blockchain,” explains Dizon, who also heads Yield Guild Games.While he thinks we’re still “in the very, very early stages” of building it, blockchain-based games like Axie Infinity and The Sandbox are already developing robust in-game economies. Dizon believes it will snowball from here, as ever-increasing....
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Web3 is coming. Are you ready for it? Use the newest version of the internet and expand your whole online experience. How to use Minecraft to understand Web3?Minecraft makes the transition from analog block building to an immersive gaming experience rather easy and playful.Users can turn the Minecraft experience into whatever they want it to be. They can play, create, socialize and invest. For everyone who wants to hop on the Web3 train and explore the opportunities of the Metaverse can start by playing the game in a 3D world.It goes without saying that if you’re familiar with Minecraft or....
“Gaming is the best use case the world has ever seen for blockchain and I believe we will see 10 million wallets interacting with blockchain games before the end of this year,” said Oasys founding member Gabby Dizon. The team behind the new gaming-focused proof-of-stake blockchain Oasys say that it’s been designed to increase mainstream play-to-earn (P2E) adoption.The Singapore-based firm (Oasys PTE. LTD) behind the new chain touts its scalability, eco-friendly PoS blockchain, “zero gas fee experience” and the portability of digital assets between different projects built on the blockchain....
The $12.6 million initial DEX offering of play-to-earn collective, Yield Guild Games, sold out in just 31 seconds to just 32 participants. Yield Guild Games (YGG), a collective of play-to-earn gamers, completed its initial DEX offering via SushiSwap’s Miso platform in under a minute earlier today.The offering saw YGG raise roughly $12.5 million on July 27, with the token sale distributing 25 million tokens or 2.5% of the project’s 1 billion token supply via a dutch auction. The YGG tokens were sold for roughly $0.50 each.Disappointed investors criticized the sale after 32 wallets....
A few years ago the virtual world Second Life, created by Philip Rosedale and his team at Linden Lab, was a media darling that made headlines every day. One of the most widely covered aspects of Second Life was its in-world economy based on a virtual currency, the Linden dollar. Thousands of Second Life developers were able to earn a living, and in some cases become rich, by selling virtual objects (avatars, clothing, gadgets) and virtual land for Linden dollars. Second Life has fallen from media grace, but other virtual worlds and virtual reality massively multiuser videogames are....
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors. Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be used to invest in nonfungible token, or NFT, assets of play-to-earn games, the company announced Wednesday. YGG describes....