fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Wednesday, October 4, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
No Result
View All Result
Online Crypto College
No Result
View All Result

Playful Studios Launches Web3 Game Division, Raises $46M in Series A Funding

June 15, 2022
in Blockchain
Reading Time: 4 mins read
A A
Playful Studios Launches Web3 Game Division, Raises $46M in Series A Funding
ShareShareShareShareShare

The Wildcard Alliance, Inc., a new web3 gaming studio focused on interactive entertainment, announced on Tuesday that it raised $46 million in a Series A funding round.

Related articles

Coinbase CLO Responds to SEC’s Opposition

Coinbase CLO Responds to SEC’s Opposition

October 4, 2023
Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

The funding was led by crypto-native investment giant Paradigm. Other investors such as Griffin Gaming Partners, Polygon, and venture capitalist Sabrina Hahn, also participated in the funding round.

The Wildcard Alliance is a video web3 game developer best known for creating high-quality, smooth 3D animation games powered by polygon blockchain. Wildcard will be powered by Polygon in order to produce cutting-edge games that are both creative and technically efficient.

Polygon’s key focus on eliminating the carbon footprint of cryptocurrencies has been the major reason why Wildcard Alliance decided to leverage the Polygon suite of technologies.

Paradigm’s investment in The Wildcard Alliance highlights a shared belief that interactive entertainment will be a key driver of growth in Web3. Paradigm is a company known for backing the disruptive Web3 and crypto projects that promise to build the future of utility, value, and empowerment that benefits everyone.

Wildcard Alliance is a subsidiary business owned by independent game studio Playful Studios based in Texas. The game development studio is co-founded by married couple Katy Drake Bettner and Paul Bettner. In the past, Paul Bettner worked on the popular game “Words with Friends” and the early VR game Lucky’s Tale.

Paul Bettner, Co-Founder and CEO of The Wildcard Alliance, talked about the development and said: “Web3 platforms present a tremendous opportunity to build entertainment that can include, empower and onboard millions of new players. Despite this opportunity, the current focus of Web3 game development tends to be on finance over fun, economy over engagement, and currency over the community. With Wildcard, we’re focused on fun first, building a next-generation ‘spectator sport’ to welcome the entire community of competitors, collectors, sponsors, and fans to play together.”

Tapping the Web3 Market

The latest move by Playful Studios shows that the game development studio is committed to tap the Web3 market to allow mobile gaming to enter and have a place in Web3 gaming. The move will eventually allow a diverse global demographic of developers, creators, and players to enter Web3 and collaborate as a united community of game lovers.

Web3 has revolutionized several industries, including gaming. Web3-based games allow the players to engage with the games in decentralized and innovative ways, which is a major shift from traditional gaming platforms.

The web3 gaming world is known for play-to-earn economies whereby blockchain technology, cryptocurrencies, and NFTs are creating a new breed of games that enable users to earn ‘money’ as they play. This democratizes all aspects of gaming and puts the main power in the hands of the players rather than confining it to one central authority within a game.

Although in traditional gaming, in-game content or digital assets are purchasable with fiat currencies, game operators still reserve the copyrights to the in-game content. In other words, players do not own the in-game digital assets.

Web3 gaming addresses these problems by providing fair virtual markets for the gaming industry, where players can access and have full ownership of in-game digital assets. Web3 games are developed by integrating blockchain into the gaming ecosystem, allowing gamers to express their views on when and how the game should evolve.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Binance partners with Spylt to offer users ride-hailing services on its platform

Next Post

XOXO Is Flipping the Script and Announcing a Genesis Collection Auction – Press release Bitcoin News

Related Posts

Coinbase CLO Responds to SEC’s Opposition

Coinbase CLO Responds to SEC’s Opposition

October 4, 2023

Paul Grewal, the Chief Legal Officer of Coinbase, took to Twitter on October 4, 2023, to address the U.S. Securities...

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

October 4, 2023

Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary...

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

October 3, 2023

Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent...

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

October 3, 2023

On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance...

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion

October 3, 2023

On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by...

Load More
Next Post
XOXO Is Flipping the Script and Announcing a Genesis Collection Auction – Press release Bitcoin News

XOXO Is Flipping the Script and Announcing a Genesis Collection Auction – Press release Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

How Much ‘Percent’ Must SHIB Rise to Reach $1?

How Much ‘Percent’ Must SHIB Rise to Reach $1?

September 28, 2023
Polygon adds Google Cloud to its validator set

Polygon adds Google Cloud to its validator set

September 29, 2023
Unchained Is Now Helping Customers Custody Over $2 Billion in Bitcoin

Unchained Is Now Helping Customers Custody Over $2 Billion in Bitcoin

October 3, 2023
Who Will Drive the Next Crypto Cycle? Alex Krüger Has the Answer – CryptoGlobe

Who Will Drive the Next Crypto Cycle? Alex Krüger Has the Answer – CryptoGlobe

October 1, 2023
Dates To Watch Post-Interlocutory Appeal Win

Dates To Watch Post-Interlocutory Appeal Win

October 4, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • You Can Now Become a SHIB Millionaire For Only $7
  • Kevin O'Leary Foresees The End Of 'Crypto Cowboys' As Industry Shifts Towards Regulation: 'They All Have – Benzinga
  • Digitalbits Blockchain evolves into XDB CHAIN: A Game-Changing Rebranding Initiative.
  • Will XRP Price Defy A 50% Stock Market Crash? Analysts Weigh-In
  • Ethereum futures ETFs on CME begin with light trading volumes
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • DipSnyper Bot

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$27,567.000.20%
  • ethereumEthereum(ETH)$1,644.91-0.88%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$212.77-0.68%
  • rippleXRP(XRP)$0.534.57%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • staked-etherLido Staked Ether(STETH)$1,644.61-0.75%
  • solanaSolana(SOL)$23.38-3.75%
  • cardanoCardano(ADA)$0.255971-2.71%
  • dogecoinDogecoin(DOGE)$0.061064-1.23%
  • tronTRON(TRX)$0.0888161.29%
  • ToncoinToncoin(TON)$1.98-2.46%
  • Wrapped stETHWrapped stETH(WSTETH)$1,864.220.34%
  • matic-networkPolygon(MATIC)$0.593.97%
  • polkadotPolkadot(DOT)$4.03-2.38%
  • litecoinLitecoin(LTC)$64.37-2.25%
  • bitcoin-cashBitcoin Cash(BCH)$230.19-4.21%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,518.00-0.15%
  • shiba-inuShiba Inu(SHIB)$0.000007-0.78%
  • chainlinkChainlink(LINK)$7.58-0.10%
  • daiDai(DAI)$1.00-0.23%
  • leo-tokenLEO Token(LEO)$3.751.84%
  • avalanche-2Avalanche(AVAX)$9.733.74%
  • true-usdTrueUSD(TUSD)$1.000.01%
  • uniswapUniswap(UNI)$4.33-2.41%
  • stellarStellar(XLM)$0.1127151.31%
  • moneroMonero(XMR)$148.752.01%
  • okbOKB(OKB)$43.11-0.15%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • binance-usdBUSD(BUSD)$1.00-0.05%
  • ethereum-classicEthereum Classic(ETC)$15.59-4.00%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • cosmosCosmos Hub(ATOM)$7.02-2.48%
  • hedera-hashgraphHedera(HBAR)$0.048740-2.27%
  • filecoinFilecoin(FIL)$3.31-0.21%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • lido-daoLido DAO(LDO)$1.612.83%
  • internet-computerInternet Computer(ICP)$3.193.30%
  • crypto-com-chainCronos(CRO)$0.050194-0.22%
  • MantleMantle(MNT)$0.407062-1.49%
  • makerMaker(MKR)$1,427.35-1.70%
  • quant-networkQuant(QNT)$87.61-0.87%
  • AptosAptos(APT)$5.30-1.86%
  • vechainVeChain(VET)$0.016716-2.09%
  • optimismOptimism(OP)$1.31-3.57%
  • ArbitrumArbitrum(ARB)$0.89-3.90%
  • nearNEAR Protocol(NEAR)$1.09-2.13%
  • KaspaKaspa(KAS)$0.050333-0.63%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%