Web3x5: Here are the Top 5 stories from the week in Web3 games - October 25

It’s nearly Halloween but there’s nothing spooky about this week’s round-up of interesting news from around the Web3 games biz – prepare to be less IDK and more ITK. We start with a funding round for Opti Games, move through how Web3 is redefining access control, check out Ubisoft’s Web3 debut, go Off The Grid with and find out why Telegram games are booming…

Opti Games Secures $2M for Web3 Game ‘Sparkball’

First up, Opti Games has raised $2 million in funding to develop Sparkball, a Web3-based multiplayer game. The game combines fast-paced arena combat with NFT integration, allowing players to own and trade in-game assets. With this funding, Opti Games says it plans to expand its team and accelerate development, bringing Sparkball closer to launch. Read more at gamers.io

How Web3 Redefines Asset Control in Gaming

Web3 is revolutionizing asset control in gaming by giving players true ownership of in-game items through blockchain technology, explains Louis-Antoine Etchian, director of technology at web3 analytics company Helika. Unlike traditional games where assets are controlled by developers, Etchian explores how Web3 allows gamers to buy, sell, and trade digital assets freely. This shift empowers players and opens new economic opportunities within virtual worlds, fundamentally changing how value is perceived in gaming ecosystems. Read more at BlockchainGamer

Ubisoft Enters Web3 Gaming with ‘Champions Tactics’

Ubisoft has officially entered the Web3 gaming space with Champions Tactics on the Oasys blockchain. The game blends tactical RPG elements with blockchain technology, allowing players to own and trade digital assets. This move marks Ubisoft’s commitment to exploring the potential of decentralized gaming and NFTs, signaling a broader industry shift toward blockchain-based gameplay experiences. Welcome, Ubisoft! Read more at CoinTrust

Will ‘Off the Grid’ Take Crypto Games Mainstream?

Off the Grid aims to push crypto gaming into the mainstream with its innovative battle royale gameplay combined with blockchain integration. The game, led by director Neill Blomkamp, offers players the ability to own and trade in-game assets, while focusing on narrative-driven, high-stakes action. Its success could prove a turning point in making blockchain games appealing to the broader gaming community. Read more at Decrypt

Telegram Gaming Sees NFT and User Engagement Boom in Q3 2024

Telegram-based games experienced a surge in NFT and user engagement in Q3 2024, according to a recent report. The platform’s integration with blockchain technology, especially through the TON blockchain, has enabled developers to introduce innovative gaming experiences. As a result, both casual and crypto-savvy gamers are flocking to these games, marking Telegram as a key player in the Web3 gaming space. Read more at Crypto.news

Our CEO Tony Pearce is always available to meet with investors, studios, and publishers interested in harnessing the power of #Web3 to unlock new possibilities in games (and to showcase the latest season of the rip-roaring Doctor Who: Worlds Apart online CCG).