On October 17, video game developer FractureLabs filed a lawsuit against cryptocurrency market maker Jump Trading, accusing it of "fraud and deception" by manipulating the price of tokens used in online games. According to the lawsuit, FractureLabs plans to raise funds in 2021 by issuing DIO tokens for the first time on Huobi HTX. The company said it retained Jump as a market maker for DIO, a token used in its online game Decimated that is also traded on crypto markets. As part of the agreement,...
Game developer and publisher Faraway has launched FCHAIN, the Layer 1 blockchain powered by Avalanche, which will power the Faraway gaming ecosystem.
Game developer Darkbright Studios announced the completion of a $6 million seed round. The round was led by Bitkraft Ventures, with participation from Play Ventures, Anthos Capital, KingRiver Capital, Rockaway X, Zentry, Caballeros Capital, Gam3Girl Ventures and Offchain Labs. The company plans to use the funding to develop mid-core games, starting with the simulation game Smolbound. The RPG-simulation hybrid is a player-driven world with seamless integration of Web3 technology. Darkbright has a...
On September 4th, Web3 game developer Mino Games announced that it will switch its card game "Dimensionals" to Web2 mode. Sash MacKinnon, CEO of Mino Games, said that Dimensionals will enter the Web3 field from March 2023, launching the Genesis series in the form of free coins. However, in addition to the whitelist giveaway being claimed by a large number of robots, the project has also suffered multiple DDoS attacks. In addition, the reform of NFT not charging royalties has caused the sudden co...
Web3 game developer Legend of Arcadia has raised $4 million in seed funding from Animoca Brands, OKX Ventures, Arche Fund and Selini Capital. Legend of Arcadia has developed a card role-playing game that is free to access on mobile devices and will launch an in-game cryptocurrency, ARCA. (TheBlock)
Tim Sweeney, chief executive of game developer Epic Games, said on the X platform: "Apple today updated its terms to further restrict the freedom of app developers, even under the Digital Market Act, to distribute apps through competing app stores in Europe. We are digging deeper to determine how this affects our release plans."
On July 16th, South Korea-based game developer Delabs Games announced the launch of baseball-themed Telegram click-and-click game Giga Chad Bat. Players can earn points through Giga Chad Bat, which can then be converted into GAME tokens.
On the morning of July 5 local time, game developer Epic Games posted a post accusing Apple of rejecting notarized submissions from Apple's Epic Games Store game store twice. A few hours later, Epic said that the Epic Games Store submissions had been accepted. The Epic Games Store virtual store is for consumers to purchase a variety of games, including Fortnite. "Apple has rejected notarized submissions from our Epic Games Store twice, claiming that the design and location of Epic's'install 'but...