Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

In the pulsating realm of digital gaming, a series of exhilarating developments beckons gamers to new adventures and competitive arenas. The soft launch of "Bushi" on HyperPlay not only introduces players to a thrilling third-person shooter experience but also sets the stage for an electrifying $25K tournament, testing skills and strategies in the game's latest avatar. Meanwhile, The Sandbox's Game Jam offers a canvas for creative minds, blending gaming with cultural expression in an innovative collaboration. "Legends Reborn" by Gala Games reimagines the collectible card game genre, integrating blockchain technology for true ownership of game assets. MetalCore's impressive $5 million funding round promises an expanded battlefield with sci-fi PvPvE action, while the E4C: Fallen Arena Battle Pass introduces a rewarding system for players. These developments signify a vibrant period for the gaming community, promising immersive experiences, strategic depth, and a closer connection within the global gaming ecosystem.

Stay up-to-date with the latest in blockchain gaming! Read our roundup of exciting developments, including new features in popular games like Alien Worlds and Splinterlands, Epic Games' stance on Web3 gaming, and The Pokemon Company's interest in the industry. Get the scoop on Gala Games' playtests and regular updates, as well as the public playtest for Walking Dead Empires. Don't miss out on the fun—check out our news roundup today!A lot of blockchain gaming activity happened this past week where Gala Games announced playtests, Epic Games announced Alien Worlds, Gods Unchained, Splinterlands, and more.Another week full of blockchain gaming activities, updates, tests, and more. We saw Alien Worlds rolling out its massive update improving gameplay, fixing bugs, and adding new features to the game. Furthermore, Gala Games continues to progress in its blockchain gaming projects releasing regular updates and scheduling playtests. Get ready to enter the playtest for Walking Dead Empires, Eternal Paradox, Grit, Last Expedition, and Legends Reborn. We also saw Epic Games' announcement against Web3 games that are engaging in malpractices or scams. Moreover, the Pokemon company is also searching for Web3 experts showing its intention to enter the industry. Gods Unchained launching new set of trading cards, Splinterlands' new land gameplay, and Walking Dead Empires public playtest.

In February, GALA Games experienced remarkable growth, with its value surging by 117%, defying criticism from mainstream sources. Despite challenges in the cryptocurrency and NFT markets, the play-to-earn (P2E) gaming sector demonstrated its resilience, with certain P2E games maintaining their economic systems amid the crypto market downturn.GALA Games, a prominent player in the P2E sector, has been a standout success. GALA enables players to have control over P2E games, gameplay mechanics, and in-game assets through blockchain technology. According to data from Cointelegraph markets pro and Tradingview, GALA's price increased by 117% from its low of $0.177 at the beginning of the month, reaching a peak of $0.384 on February 7th.Several factors contributed to this substantial increase and recovery. The P2E gaming sector is experiencing steady growth, with numerous new projects being launched, including GALA's support for upcoming titles like Spidertanks and Legends Reborn. The company's expansion into new ventures and partnerships also boosted investor confidence. Gala Games partnered with the 888innercircle community on Twitter, which comprises over 205,000 members interested in NFTs and digital collectibles. Additionally, GALA teamed up with Betwixt, a mental health gaming application, with Gala committing $1 million in funding.GALA's dynamic ecosystem, characterized by innovative user approaches, played a significant role in attracting more users. The introduction of new avenues for earning yield through gameplay and running Gala nodes contributed to the steady growth in user numbers. As of February 7th, the number of GALA users had tripled to reach 122,230, a substantial increase compared to the count on November 7th. This impressive performance underscores the resilience and potential of both GALA Games and the broader P2E gaming sector.