NFT News by Thebittimes.Com

Ava Labs has partnered with BLDR to launch its first Web3 game. Notably, the former is the software company providing support to the Avalanche blockchain and its ecosystem. The latter, on the other hand, is a subsidiary of Japanese gaming house and internet media company GREE. On its part, GREE has been making high-engagement Web2 games, that include the development of a host of popular games, including Naruto and multiple mobile versions of Final Fantasy. Avalanche ’s developer Ava Labs will, notably, help “spur” BLRD’s growth into blockchain gaming . It’ll do so by “ providing technical , marketing, business, and ecosystem support .” The official statement noted that with the latest partnership, “ BLRD plans to make a broad entry into Web3 gaming, including game development and distribution on Avalanche, NFTs, running validators, and investing in third-party games. “ The new Web3 game is set to launch next year. Comment...

In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming. A new survey commissioned by blockchain entertainment provider Coda Labs suggests that despite the huge amount of money being poured into Web3 gaming, traditional gamers are still yet to warm up to crypto or NFTs and have little interest in Web3 games.  According to the survey, gamers pointed to practical barriers as their main reason for shying away from Web3 games, with gamers often not knowing how they might work and lacking a Blockchain wallet. The Survey found that only 12% of non -crypto gamers have tried Web3 games, while just 15% of those yet to try were interested in doing so in the future.  The survey pointed to play-to-earn (P2E) as the most recognized term associated with Web3 games, and crypto earnings as the most commonly perceived benefit of playing them. When these two factors are considered in tandem...