Web3 Gaming on the Rise: Major Launches, Partnerships, and Industry Growth

Welcome to This Week's Edition of The Alchemists Informer!

Welcome to This Week's Edition of The Alchemists Informer! We’re excited to bring you the latest and greatest from the world of Web3 gaming. This week, we spotlight several thrilling game launches and updates, including the much-anticipated debut of Guild of Guardians by Immutable Games and a comprehensive review of Axie’s new hit, Duet Monsters. Additionally, Catizen celebrates a user milestone within the TON ecosystem. On the partnership front, we delve into Param Labs' significant funding boost and CARV’s strategic collaboration with Google Cloud. We also examine the industry’s robust growth, marked by record-breaking investments and AI-driven innovations. Join us as we explore these dynamic developments shaping the future of Web3 gaming!

May 12 - May 19, 2024 Weekly Web3 Gaming Update

New Game Launches and Updates

• Guild of Guardians Debuts: Immutable Games launched its mobile RPG, Guild of Guardians, on Google Play and the Apple App Store, marking a significant milestone for the Web3 gaming hybrid model Source.

• Duet Monsters Review: CoinTelegraph reviewed the new addictive Axie game, Duet Monsters, highlighting its potential to capture a significant player base Source.

• Catizen's Growth: Catizen, a leading game in the TON ecosystem, announced surpassing 6 million users and significant engagement metrics Source.

Partnerships and Investments

• Param Labs Funding: Param Labs secured $7 million in a funding round led by Animoca Brands to enhance Web3 gaming infrastructure Source.

• CARV and Google Cloud Collaboration: CARV and Google Cloud partnered to advance data democracy in gaming and AI, focusing on user data ownership and ethical development Source.

• Blockchain Gaming Investments Surge: April saw nearly $1 billion in blockchain gaming investments, driven by renewed consumer interest and the play-to-airdrop trend Source.

Industry Growth and Trends

• Record Blockchain Gaming Investments: April 2024 recorded the highest blockchain gaming investments since January 2021, with $988 million invested Source.

• AI's Impact on Gaming: ArenaX Labs co-founder discussed how AI could level the playing field for smaller game companies but also warned of potential market disruptions Source.

• Guild of Guardians' Market Impact: The launch of Guild of Guardians has significantly boosted Immutable's market presence, with its NFT collection becoming the top-traded collection Source.

While some older games like Eternal Dragons shut down, the Web3 gaming space continues expanding with major game launches, high-profile partnerships, investments, and a growing playerbase, indicating the sector's resilience and potential for further growth in 2024.

Join the Excitement: Register for Illuvium's Private Beta 4 and Participate in a $25 Million Airdrop!

Registration for Illuvium's Private Beta 4 has arrived. The Illuvium team is launching a massive airdrop campaign worth approximately $25 million, consisting of 250,000 ILV tokens. Here are all the details for what is set to be one of the largest GameFi airdrops to date. Here’s what you need to know:

Where to Register: https://link.illuvium.io/Blockonaut

Details on Registration Process: https://illuvium.io/news/register-now-for-private-beta-4

Airdrop Campaign Details:

Airdrop #1 (20,000 ILV): Dedicated to the testnet phase, including the Private Beta 4 starting on April 30th and the Open Beta Testnet starting on May 28th.

Airdrop #2 (180,000 ILV): Covering the transition to the Mainnet launch, with the campaign lasting an additional 5 months.

Once you’ve taken care of your pre-registration process, you can dive right into the details of the 250,000 $ILV airdrop campaign in the blog here: https://illuvium.io/news/illuvium-airdrop-season-details

Summary: Register for Private Beta 4 -> Wait until you are selected -> Earn airdrop for playing

💼 Web3 Gaming Job Opportunities

• Enjin

  • Job Title: Ecosystem Manager

  • Location: Remote

• Stardust

  • Job Title: Account Executive, Infrastructure

  • Location: Remote - US

• Offchain Labs

  • Job Title: Partnerships Manager, Web3 Gaming

  • Location: Remote

• Illuvium

  • Job Title: Social Media Intern

  • Location: Remote

• The Sandbox

  • Job Title: Creators Program Manager

  • Location: Paris

• Stardust

  • Job Title: Senior Product Manager

  • Location: Remote - North America

Find all recent job listings here 📍

Analyzing Bitcoin's Capitulation Signal and Market Indicators

The recent market analysis highlights concerns about a capitulation signal from the hash ribbons indicator, which has historically offered mixed predictions for market lows. Sometimes, it precedes significant drops, while other times, it marks strong buying opportunities. A key event on April 20th has also influenced Bitcoin’s price trajectory. Long-term indicators like the Bitcoin production cost chart and the dynamic range MVT signal suggest potential undervaluation, indicating the market may have already reached its low. Additionally, short-term price action and volatility patterns indicate that Bitcoin is likely to maintain or increase its value in the near future. Overall, these indicators provide an optimistic outlook for Bitcoin's long-term prospects, despite potential short-term fluctuations.

Not Financial Advice. DYOR

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May your strategies always lead to victory,

Until we meet again in the gaming realm,

Blockonaut