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Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership

Following the social investment platform, Kikitrade’s plan to widen its participation in the blockchain gaming (GameFi) and non-fungible token (NFT) market, a Hong Kong-based startup company Animoca Brands has increased its shareholding in the firm to become the second-largest shareholder.

GameFi, also known as play-to-earn (P2E) games, has seen a recent upsurge enough to dominate the blockchain market for the past several quarters.

With comprehensive financial infrastructure, Kikitrade and Animoca Brands plan to promote new and upcoming GameFi projects with mutual cooperation.

Sean Tao, Co-founder and CEO of Kikitrade, said:

“The Kikitrade and Animoca Brands partnership is a turning point for enabling mass adoption of GameFi. With its social capabilities, Kikitrade will create an educational platform that connects GameFi players and CeFi users – on one hand streamlining GameFi players’ ability to monetize their gaming experience, while on the other hand introducing CeFi users to the GameFi ecosystem.”

Kikitrade started in 2020 with an aim to re-invent the crypto investing experience to allow professional traders, everyday investors and crypto-beginners to learn and invest in cryptocurrency. Currently, the company is serving in Hong Kong, Taiwan, SEA and Australia.

Animoca Brands is a digital entertainment, blockchain, and gamification provider. Their portfolio of products includes the REVV token and SAND token; games, including The Sandbox, Crazy Kings, and Crazy Defense Heroes.

Animoca Brands aims to deliver digital property rights to the world’s gamers and Internet users.

Many blockchain games like Animoca Brands’ The Sandbox have quickly become top applications of blockchain technology.

With a top-notch in-app community, Kikitrade provides a comprehensive platform for GameFi players, investors and traders to connect.

Also, Kikitrade plans to establish GameFi Studio in the near future to accelerate the development of GameFi and the NFT market.

Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain

Professional drone racing League (DRL) joins the Metaverse world by launching its first game. A money-making crypto sports game on the Algorand blockchain in partnership with Playground Labs, a Web 3 game developer from crypto investment fund Hivemind.

These two teams said they would launch the first in-game money-making game using DRL in their virtual world on the Algorand blockchain, extending DRL’s high-speed drone race into the metaverse.

The global gaming, cryptocurrency, and drone market are currently worth over $2 trillion. By developing the first P2E on-chain and launching a digital drone racing series in a virtual world, players can get rewards in cryptocurrencies and non-fungible tokens (NFTs) by participating in DRL drone races, which will go beyond the digital realm of finance Value becomes reality.

Play-to-earn (P2E), or GameFi, is a popular business model that stays in the blockchain game world, which corresponds to the F2P (Free to Play) model that is common in the game industry in the real world.

He refers to an emerging subfield of the crypto world where P2E games reward users for active participation by acquiring digital assets.

The team said it also introduced sports betting to the platform to stay ahead of the times, becoming the “first air sport” fans can bet on.

Established in 2015, DRL is the global, professional drone racing property for elite pilots. The current global audience is more than 75 million.

DRL President Rachel Jacobson said of the partnership:

“Our millions of fans love crypto, fintech and gaming, and we’re thrilled to partner with Playground Labs to create our first play-to-earn drone racing game on Algorand’s blockchain. Together, we will accelerate DRL’s growth as the first omnichannel sports league, enabling our pilots and fans to race drones across the physical, the virtual, and the metaverse, which will be paramount for all sports leagues moving forward.”

Playground Labs CEO Sam Peurifoy explained that Drone Racing League is the most innovative, inclusive, and high-tech sport and P2E gaming provides a platform for continuous engagement for audiences around the world.

As reported by Blockchain.News on September 15, The New York-based Drone Racing League (DRL) announced that has reached a five-year sponsorship agreement with crypto platform Algorand of $100 million.

Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT

Toronto-based publicly-traded Blockchain technology company Tokens.com Corp. has launched Hulk Labs, a platform focusing on Crypto-Play-to-Earn gaming and Non-fungible token (NFT) investment.

In addition to crypto staking and Metaverse businesses, Hulk Labs provides and monetizes investment opportunities in the gaming and NFT space for Tokens.com shareholders. Hulk Labs, a subsidiary of Tokens.com, will represent Tokens.com’s new Web3 vertical, focusing on the Play-to-Earn (P2E) space.

Play-to-earn (P2E), or GameFi, is the next major opportunity for Web3 and blockchain.

P2E is a popular business model that stays in the blockchain game world that integrates both Web3 and blockchain, which corresponds to the F2P (Free to Play) model common in the real world of the game industry.

Andrew Kiguel, CEO of Tokens.com, expressed his great pleasure to enter the new Web3 vertical with an excellent team, and hoped that in addition to providing investors with crypto assets related to Metaverse, DeFi and NFT, it will also develop games, becoming “one of the only public companies to offer a complete range of Web3 exposure”

He also added that the crypto gaming industry has grown dramatically over the past two quarters, with more than 600 games and a multi-billion dollar cryptocurrency market cap.

Tokens.com is a publicly-traded company that uses shareholder capital to invest in digital assets used for crypto staking and DeFi and also provides transaction processing and validation services for various digital assets that power Decentralized Finance (DeFi) applications and Non-Fungible Token (NFT ) platforms.

The corporation is listed on exchanges in three different countries: Canada’s NEO Exchange: COIN; Germany’s Frankfurt Stock Exchange: 76M; OTCQB United States: SMURF.

Earlier this month, the Professional drone racing League (DRL) joined the Metaverse world by launching its first game. A money-making crypto sports game on the Algorand blockchain in partnership with Playground Labs, a Web 3 game developer from crypto investment fund Hivemind.

Video Game Company BoomBit Launches Blockchain Gaming Platform BoomLand

Video blockchain gaming company BoomBit has launched BoomLand, a top blockchain gaming platform where players and game developers can earn NFTs and cryptocurrencies in the form of $BOOM and $BGEM tokens.

On the game platform, players can establish direct contact with game developers, creating a new Web 3.0 ecosystem with its own unique Metaverse and Marketplace.

The company stated that the release of BoomLand is due to the huge demand for high-quality video-based games in the current blockchain game.

BoomLand founders Hannibal Soares and Marcin Olejarz said the company has released more than 200 games with more than 1 billion downloads over the past decade. And hope that this kind of achievement can be extended to the blockchain game.

The BoomLand team believes that while the “Play and Earn” blockchain gaming market is in its infancy, it has reached a staggering $21 billion valuation.

Play-to-earn (P2E), or GameFi, is the next major opportunity for Web3 and blockchain.

Axie Infinity Transitions its P2E Gaming Platform to a New Game Mode

Online pay-to-earn (P2E) gaming platform Axie Infinity has announced the transition of its gaming mode from classical to a better-developed one dubbed Axie Infinity Origin.

According to the blogpost shared by the platform, the transition to the new game mode will be completed in 30 days, starting from last Friday. Axie Infinity has often developed an online gaming platform where users earn in crypto assets, ensuring that withdrawal is seamless. The new upgrade, however, promises a better experience for users on the platform.

In the former game mode, the Smooth Love Potions (SLP) token was well featured, however, the new gaming mode will see this vital token now integrated into the Origin’s ranked gameplay mode and completely removed from Classic (v2). The Origin Season 0 mode is billed to be fully integrated starting from the 12th of August.

The team notes that transitioning from the Classic game mode is necessary so that it achieves an expanded ability to balance the SLP economy. Hence, every step taken in this light is geared to achieve this aim.

Despite this transition, the Axie Infinity team said the SLP token “will continue to only be distributed in PvP Ranked mode when players win battles, and the higher Rank that one is competing in, the more SLP rewards they will receive per win.”

P2E games are becoming more of a central pursuit to the Non-Fungible Token (NFT) ecosystem and more startups are committed to developing new gaming titles for Web3.0 users. As one of the pioneering P2E game outfits, Axie Infinity is committed to continuous game development and strategic updates that can help keep it on top as one of the most competitive platforms today.

This is even so necessary as Venture Capital firms like Andreessen Horowitz (a16z) and Magic Ventures amongst others are largely committing new funds to bootstrap startups with unique gaming models.

P2E Arcade2Earn Raises $3.2M in Seed Funding Led by Crypto.com Capital

Arcade2Earn has earned $3.2 million in a seed funding round led by Crypto.com Capital.

The play-to-earn (P2E) gaming platform – built on the Solana blockchain – also announced that other investors included Solana Ventures, Shima Capital, KuCoin Labs and GSR.

According to Arcade co-founder Jaleel Menifee, the funding was realised via a simple agreement for future tokens (SAFT). The company’s utility token is also known by the same name, arcade.

According to research, funding for web3 investments has fallen this year, however, gaming projects have remained valuable or popular as most venture funding has gone to NFTs and gaming in the third quarter.

Arcade claims a unique selling point, it says that it has a unique concept called “mission pools” which allows gamers to make money without owning NFTs.

According to the company, users who have gained approval from the company can be a mission pool operator and gain access to games using NFTs owned by Arcade’s treasury or lent to Arcade. Later, they can be used to generate rewards.

Furthermore, mission pool contributors can become arcade token holders who get to decide which operators and in-game activities they wish to support by depositing their xarcade tokens in a mission pool.

“Not everyone is good at playing or has time to play games and earn,” Xinlu Yu, head of KuCoin Labs, said in a statement. “This is where Arcade fills the gap by enabling those groups of people to enjoy earning yields through their specific products without directly playing the games themselves.”

Currently, Arcade has 20 people working for the company, including its six co-founders. Menifee has also said that the Arcade platform is currently under development and its demo has been scheduled to launch before the end of this year.

Metacade Presale for Web3’s First-Ever P2E Crypto Arcade Raises Over $670k in Under 2 Weeks

London, United Kingdom, 8th December, 2022, Chainwire

Metacade, the first-ever community-developed play-to-earn (P2E) blockchain arcade, has announced the launch of its highly anticipated $MCADE token presale.

The sale of Metacade’s native utility token sold over an incredible $670k in under 2 weeks, with their Beta Sale stage now over 60% SOLD OUT.

$MCADE is available to buy on the official Metacade website.

Positioning itself as a Web3 community hub, this gaming-first platform is set to attract gamers, investors, and entrepreneurs alike by offering a multitude of ways to earn, play, and connect. It looks to be a central hangout for all of those interested in GameFi and metaverse.

To ensure investor confidence, $MCADE has been audited by leading blockchain auditing firm CertiK, a security-focused platform that analyzes and monitors blockchain protocols and DeFi projects. Verification and approval from CertiK mean that the code behind Metacade is highly secure and has been scrutinized for any weak spots.

Metacade harnesses the power of Web3 to take blockchain gaming to the next level. The project goes beyond play-to-earn and offers a place to discover what games are trending, view leaderboards, publish game reviews, and access the hottest and most advanced GameFi alpha.

Head of Product for Metacade, Russell Bennet said: “The crypto gaming space is crying out for a single destination where we can all go and learn, earn and play games with fellow enthusiasts without having to jump from platform to platform”.

Metacade isn’t out to just improve the existing P2E and metaverse worlds but also to foster the future of this space. The project’s hallmark feature is Metagrants, a source of funding awarded to game developers to bring new games to the Metacade. The Metacade community will vote on which projects get funded to turn the collective vision into a reality on the platform. The first game developed using the first Metagrant will be launched in 2024.

By the end of 2024, the project intends to transform into a DAO, handing over key roles and responsibilities to the Metacade community and achieving a fully community-staffed business. It looks to achieve this by deploying Play2Earn, Create2Earn, and Work2Earn functionalities with each of these initiatives giving a little more control of the project over to the community in the coming years.

Reflecting on the core ethos of Metacade, Russell said: “We want to create a community that has zero barriers to entry whether you want to work in the space, launch a business or just hang, out, play, and have fun.”

$MCADE has a fixed supply of 2 Billion $MCADE tokens. Seventy percent of these (1.4 billion $MCADE tokens) are being made available during the token’s presale event. The remaining thirty percent will be used on exchange listings, during development, providing liquidity, and funding the competition pool.

$MCADE is the utility and governance token powering the project. It plays a crucial role in the platform’s functionality as holders can use it to vote on the project’s future direction and new game proposals. It will be the main tool for interacting with the Metacade ecosystem: holders can use it to enter tournaments and exclusive prize draws, purchase merchandise, and many other things as the platform develops.

Token holders will have plenty of opportunities to earn rewards through the project. $MCADE holders can earn from activities such as contributing content, reviewing and testing games, and generally engaging within the ecosystem. $MCADE holders may also stake their tokens in liquidity pools to earn rewards and APYs based on the amount staked. Staked rewards are paid in a stablecoin amount rather than in $MCADE to protect the value of the funds from inflation and price swings.

To further promote a deflationary attribute to the token, Metacade plans on introducing a burn mechanism or a buyback scheme. Token burning will help the ecosystem permanently erase a given percentage of supply, thereby lowering the overall supply and boosting the value of $MCADE in the long run.

Right after the $MCADE presale is complete, Metacade will roll out the website and build a founding team. In Q1 2023, the goal is to list the $MCADE token on Uniswap and the top five centralized exchanges, along with popular crypto aggregators. With an ambitious road map, Metacade is on track to revolutionize how a traditional community hub is owned and operated.

The Metacade Beta sale has now sold over $670,000 worth of tokens in under two weeks and at the time of publishing has under 40% remaining.

To buy $MCADE, visit Metacade.co and join the presale now.

About GameFiGameFi, one of the most talked about and promising sectors of Web3, creates a virtual gaming ecosystem that relies on the use of cryptocurrency, non-fungible tokens (NFTs), and blockchain technology. At the core of the GameFi ecosystem is the play-to-earn (P2E) gaming model. Unlike the traditional pay-to-play model, P2E allows gamers to earn financial rewards by participating in challenges and tasks.

About MetacadeMetacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the wider gaming community.

Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO. After all, Metacade wants you to have a hand in shaping the GameFi world of tomorrow.

Links

Website: https://metacade.co
Whitepaper: https://metacade.co/whitepaper.pdf
Socials: https://linktr.ee/metacade_
CertiK Audit: https://www.certik.com/projects/metacade

Contact

Head of ProductRussell BennettMetacadepr@metacade.co

Metacade Presale Passes $2 Million – Only $690k Remaining Before It Sells Out

London, United Kingdom, 10th January, 2023, Chainwire

Metacade has exceeded expectations as investors flocked to its presale to purchase MCADE tokens, raising over $2 million for the GameFi project.

The beta stage of the presale saw $1 million pour in over a matter of weeks and momentum has continued despite the 25% increase in token price. There is now only $690k remaining of the token at $0.01 before the price rises 20% in the next round.

$MCADE is available to buy on the official Metacade website.

Metacade is the world’s first community-run play-to-earn (P2E) arcade built on blockchain. The Ethereum-backed metaverse project will offer a thriving GameFi hub for gamers and crypto enthusiasts alike. It will be a place to earn, learn and connect with like-minded individuals while playing some of the hottest P2E games that GameFi space has to offer.

Built to last, the Metacade roadmap showcases the project’s ambition and longevity. Beyond its stellar blockchain game offering, the platform will host leaderboards, trending games, GameFi alpha, and much more to keep the community engaged. To further show its support to the gaming community the platform will launch a jobs board to help people new roles in Web3 and a Metagrants initiative to support game developers keen to build on the platform.

MCADE, the platform’s native token, will power activity and transactions on Metacade. Players will use it to access pay-to-play games and be rewarded for their gaming efforts in MCADE. There will be further earning opportunities through competitions and tournaments, sharing gaming alpha, and writing reviews. Staking will also be an option for MCADE holders wanting to top up their income.

MCADE has a fixed token supply of 2 billion tokens, with seventy percent of these being made available during the presale. The other thirty percent of these tokens have been reserved for development, liquidity provisions, competition pool funding, and exchange listings.

MCADE will soon be listed on Bitmart, one of the world’s largest cryptocurrency exchanges, which is ranked 21st in the CoinMarketCap exchange rankings. Metacade signed the terms with the Singapore-based digital asset exchange in December 2022 and shared the news on its Twitter account. This is just the beginning for the MCADE token as the team has revealed they are in talks with other crypto exchanges and have a top 10 exchange listing announcement coming soon.

Head of Product for Metacade Russell Bennett said: “The Bitmart listing will give millions of people easy access to the MCADE token in a secure and safe trading environment. The public listing will propel awareness of Metacade and help the project gain further traction and following. With another popular exchange announcement soon to be revealed, we’re thrilled by the spectacular welcome Metacade has received from the GameFi space.”

The P2E GameFi platform has the stamp of approval from leading blockchain auditing firm Certik. Metacade joins the ranks among Polygon, ApeCoin, and BNB Chain as a trusted platform in the crypto space. Certik employs cutting-edge technology and mathematics to analyze and evaluate the specification and code of blockchain projects. The auditors also carried out a full KYC of the Metacade team to ensure they are genuine and provide further transparency of the project. The full audit results are available on the Certik website. The Metacade presale has now sold over $2 million worth of tokens in under 7 weeks and at the time of publishing has under 25% remaining.

Leading investing site Invezz has called Metacade: “A place where GameFi and the Metaverse intersect, with the potential to be one of the biggest names in its space, and potentially the industry overall”.

LinksWebsite | Whitepaper | Socials | CertiK Audit

Contact

Head of ProductRussell BennettMetacadepr@metacade.co

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

London, United Kingdom, 2nd February, 2023, Chainwire

The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2.7 million but this has been dwarfed in comparison to the third stage selling out at lightning speed and bringing the project to raise past $5 million in just several days.

Metacade is set to deliver the ultimate blockchain gaming experience, merging the worlds of gaming and crypto in a seamless and exciting way. Development of the P2E arcade is well underway and platform designs have already been shared with the ever-growing Metacade community on the arcade’s Twitter page.

157.5 million tokens will be available in stage 4 where investors may purchase tokens before the next presale round, which will see the token price increase to $0.016.

Russell Bennett, Head of Product for Metacade, said: “Investor confidence in the project is high and token demand is continuing to increase. We know that the Metacade project has solid fundamentals, a strong team, and the power to make waves in the GameFi industry – it’s clear that crypto and GameFi investors have caught onto this too.”

With incredible momentum already behind the Metacade project, it will not be long before the presale tokens sell out and MCADE is released on exchanges. The token will be listed on both centralized and decentralized exchanges, giving the public a variety of ways to purchase the token.

MCADE will be listed Bitmart, a leading global cryptocurrency exchange ranked 21st in the CoinMarketCap exchange rankings, followed by a top 10 exchange listing that is soon to be revealed. Amongst the DeFI exchanges, investors will be able to find MCADE on Uniswap, amongst other well-known and trusted token exchanges.

With its play-to-earn arcade built on the Ethereum blockchain, Metacade is primed to be the go-to place for gamers and crypto enthusiasts. The platform boasts innovative and essential features such as leaderboards, trending games, GameFi alpha, and more that will set it apart from other blockchain gaming platforms.

Play-to-earn is at the heart of the platform but gaming isn’t the only string to Metacade’s bow. The platform is going above and beyond to support the gaming community by launching a jobs board and Metagrants initiative to attract the best game developers to build their games on the platform. It will be a place to earn, learn, and connect like never before.

The Metacade is powered by the MCADE token, which will be essential for any transactions on the platform. MCADE will be used to reward players for their efforts across the platform, from gaming and tournament participation to sharing gaming alpha and writing GameFi reviews. MCADE holders can also top up their income by staking their tokens to support the arcade’s network.

The P2E GameFi platform received the ultimate seal of approval from the prestigious blockchain auditing firm Certik. That places Metacade among the ranks of Polygon, ApeCoin, and BNB Chain as a trusted player in the world of crypto. With Certik’s cutting-edge technology, it thoroughly analyzed and evaluated every aspect of Metacade’s specifications and code. It also performed a full KYC on the Metacade team to confirm their authenticity and bring even more transparency to the project. The full audit results are available on the Certik website.

About Metacade

Metacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3, and connect with the wider gaming community.

Metacade will be the one-stop destination for users to play, earn, and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged DAO. After all, Metacade wants users to have a hand in shaping the GameFi world of tomorrow.

For more information, visit:

Website | Whitepaper | Socials

Contact

Head of ProductRussell BennettMetacadepr@metacade.co