The cryptocurrency industry has seen an increase in popularity, with blockchain-based games utilizing non-fungible tokens (NFTs) becoming a significant part of the ecosystem. As the new year approaches, Finbold has conducted an in-depth analysis of various NFT gaming projects that enthusiasts should pay attention to in 2023.
One of the projects that caught the attention of Finbold is Illuvium, a sci-fi open-world game where players explore alien landscapes, capture and trade NFT Illuvials, earn crypto tokens, and participate in tournaments. The Illuvium team recently announced the launch of Illuvium: Zero, the third pillar of the core game experience, which will enter the Private Alpha phase in January 2023.
Sorare is another NFT game that allows users to collect, manage, compete, and trade licensed digital cards featuring top players from NBA, football clubs, and MLB teams. The developers of Sorare frequently organize tournaments for players, such as the recent Sorare: Global Cup ‘22, where users can compete and climb the leaderboards.
The Walking Dead: Empires, a multiplayer strategy survival game set in the world of AMC’s iconic zombie series, allows players to team up, scavenge, craft, and fight against the walking dead. The game features famous characters like Daryl Dixon and offers land NFTs for players to build safe places for themselves and allies. The first public playtest was released in August 2022, with the full launch scheduled for 2023.
Dogami is the world’s first Web3-based pet-owning simulator, built on the Tezos blockchain, where players raise a unique 3D dog NFT, earn DOGA tokens, grow their NFT collection, and trade on the Dogami marketplace. The game recently secured over $14 million in seed funding, led by European tech VC investor XAnge, after previously raising $6 million from Ubisoft, Animoca Brands, Tezos, and The Sandbox co-founders.
The success and popularity of NFT games have caught the attention of major players in the gaming industry, such as Konami, who announced plans to expand into the metaverse and Web3 space. The industry as a whole received $1.3 billion in funding in the third quarter of 2022, with Web3 games raising over $320 million in November alone. This demonstrates the resilience of the sector despite challenges like the collapse of FTX.
In conclusion, NFT games are on the rise, attracting both blockchain and gaming enthusiasts alike. With projects like Illuvium, Sorare, The Walking Dead: Empires, and Dogami leading the way, the future of blockchain-based gaming looks promising. As major companies continue to show interest in the space, the industry is expected to see further growth and innovation in the coming years.
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