$50M in funding raised by Theorycraft Games
Wednesday, October 19, 2022 by Brittany Hainzinger
Theorycraft Games has announced an additional $50 million raised in Series B funding, led by Makers Fund with participation from NEA and a16z. Theorycraft Games will use this raise to continue building out the most talent-dense team in games and to ensure they can keep making deep, 10,000-hour games that are just better when played with friends, like the company’s...
GDWC 2022 prize pool over $100K
Tuesday, July 12, 2022 by Brittany Hainzinger
The Game Development World Championship 2022 (GDWC), one of the biggest game development competitions in the world will be giving out prizes and giveaways worth over $100,000 this year. This is the largest prize pool in the Championship's history.
Over $100,000 prize pool at the Game Development World Championship 2022!
Prizes are spread across multiple catego...
Web3 gaming redefined by Souq
Tuesday, June 28, 2022 by Brittany Hainzinger
Businesses have become increasingly reliant on Web3 in 2022, though according to Bloomberg, Deutsche Bank predictions and Fed rate raises may signal a recession looms. In that case, CoinDesk adds that signs point to a continued and strong correlation between recession-trending stock markets and cryptocurrency performance.
Now more than ever, ownership of digital asse...
Gala May Mayhem wrapped up
Thursday, June 9, 2022 by Brittany Hainzinger
Gala, and its gaming division, Gala Games, have wrapped up their second annual month-long reward event called May Mayhem. Started in 2021, the event was designed to grow Gala’s user base and to reward as many current players as possible with large prizes in GALA, the official crypto token of the Gala Games Ecosystem.
Even in the midst of the largest drop in the...
3GoPlay subscription platform launches
Thursday, June 2, 2022 by Brittany Hainzinger
Gameloft Business Solutions has announced the launch of 3GoPlay. This new game subscription platform will bring hundreds of the world's best mobile games into the hands of Hutchison users in countries that offer the "All You Can Play" subscription model. This includes critically acclaimed premium titles such as Asphalt Nitro 2, Lego Legacy: Heroe...
Console gaming revenue increases
Thursday, June 2, 2022 by Freeman Lightner
The ongoing year will be a good one for most related to the console-gaming industry. According to the figures presented here by SafeBettingSites.com, Console gaming is set to grow by 8.4% YoY in 2022. Thus, the console gaming segment is set to witness the most significant spurt of growth in the entire gaming industry in 2022.
Console games to bring in $58.6B in 2022
Global gaming revenue to cross $200B
Friday, May 27, 2022 by Freeman Lightner
The video gaming industry is set to cross a significant landmark in 2022. According to the numbers presented here by SafeBettingSites.com, the gaming industry will bring in more than $200 billion in revenues for the first time in 2022. The United States and China would continue to be the biggest gaming markets and account for half of the global revenue.
May Mayhem 2022 kicks off with over $4M in prizes
Tuesday, May 17, 2022 by Richard Harris
Gala, the rapidly growing Web3 entertainment company, and its gaming division, Gala Games, have officially kicked off a month-long reward event called May Mayhem. It started in 2021, the event was designed to grow Gala's user base and to reward as many current players as possible with large prizes in GALA, the official crypto token of the Gala Games Ecosystem.