Gaming
How will AI continue to contribute to the gaming experience?
Soon, AI will assist game developers in creating realistic worlds that don’t cost as much as a Hollywood blockbuster. For instance, it can take dozens of hours for a game artist to create a single building or vehicle, costing thousands of dollars.
Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M
Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million).
Animoca Brands and Lympo partner with Play Magnus on chess-inspired blockchain game “Anichess”
Animoca Brands and its subsidiary Lympo, a leading global sports non-fungible token (NFT) ecosystem, announced Monday that they are developing Anichess in partnership with Play Magnus Group (PMG), a global leader in the chess industry that offers entertainment and e-learning services via its chess market brands.
Draw-to-earn rising in popularity, but smart contract loopholes remain
Increasingly adopted in the NFT sphere, developers can revert to smart contracts behind the system currently in play, using it as a basis for fixes to vulnerabilities.
Singapore’s Mighty Bear Games raises $10M led by Framework Ventures
Mighty Bear Games, a Singapore-based multi-platform game development studio, announced Tuesday a $10 million round to launch its blockchain division and develop a series of immersive AAA web3 games that are novel, fair and thoughtful. The round was led by Framework Ventures.
Cake DeFi levels up with Razer Silver
Cake DeFi, Asia’s fastest growing cryptofinance platform dedicated to providing access to decentralized financial services, has announced on Friday a market-leading partnership with Razer Silver, a loyalty rewards program for gamers, backed by Razer Inc, the world’s leading lifestyle brand for gamers.
Animoca Brands raises over $75M to advance vision of open metaverse
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…
Meta Hollywood partners The Sandbox to develop Hollywood-themed LAND and gamified experiences
Meta Hollywood, the largest virtual community for movie lovers, studios, and creators, which was launched by Animoca Brands in partnership with the Planet Hollywood Group (Planet Hollywood), announced Wednesday a new partnership with The Sandbox, a decentralized gaming virtual world and a subsidiary of Animoca Brands, to develop a first-of its-kind virtual…
Animoca Brands co leads $41 million Series C funding in Germany’s Klang Games
Klang Games, an innovative game development studio based in Berlin, announced Wednesday the completion of its Series C funding of $41 million, increasing its total funds raised to nearly $80 million. The funding round was co-led by Animoca Brands and Kingsway Capital, with participation from Anthos, Novator, Supercell, Roosh, AngelHub, and New Life…
Tencent Cloud collaborates with Megazone Cloud, KMGA and Yeonsung University to empower cloud-based mobile game development talent in Korea
In line with its commitment to talent development in the gaming industry, Tencent Cloud – the cloud business of global technology company Tencent, announced on Monday its signing of a four-party Memorandum of Understanding (MoU) with Megazone Cloud, Korea Mobile Game Association (KMGA) and Yeonsung University. The agreement aims to nurture cloud-based…
