Gaming
FTX, Lightspeed Lead $21M Funding Round in Gaming Studio Faraway
Faraway’s Mini Royale will be the first multiplayer title to integrate Solana-based FTXPay with NFTs and wallets.

Blockchain Game Companies Pen Open Letter to Valve: ‘Don’t Ban Web3 Games’
The developer booted the games from its Steam platform last month.

Paradigm Leads $5M Seed Funding Round for Play-to-Earn Game AI Arena
Developer ArenaX Labs plans to launch the game in early 2022.

GameStop Enters the Metaverse With ‘Web3 Gaming’ Job Post
A new job listing posted by Gamestop reveals it is looking to build an Ethereum-based Web 3 arm after teasing an NFT marketplace in May. "The Hash" squad discusses the specifics, reactions, and implications following the latest sign a metaverse-esque future could be ahead for the gaming industry.

Play-to-Earn Game Firm Sipher Raises $6.8M in Seed Round Co-Led by Arrington Capital
The funding will help speed up the development of Sipher’s soon-to-launch World of Sipheria play-to-earn game.

DraftKings Founders Back ‘Play-to-Earn’ Soccer Game With $3M Raise
MonkeyBall, a self-described mashup of “FIFA Street” and “Final Fantasy,” will run on the Solana blockchain.

‘League of Legends’ Vets Launch $90M Gaming Seed Fund
The fund will invest heavily in Web 3.0 projects and includes a16z’s Chris Dixon as a backer.

Galaxy Digital’s Entertainment Arm Raises $325M Fund for NFT, Gaming Bets
Galaxy Interactive has already showered about $150 million on projects such as Art Blocks.

Sequoia Games Brings Augmented Reality to Board Games Using Algorand Blockchain
The Catan-style game combines a physical board with NFT-backed characters that can be bought and sold between players on Algorand’s blockchain.

The First ‘Move-to-Earn’ NFT Game Raises $8.3M
Genopets, a Solana-based NFT “move-to-earn” game where players are rewarded for the steps they take in real life, combining free-to-play and play-to-earn style gameplay, has raised $8.3 million in a seed funding round led by Konvoy Ventures and Pantera Capital. "The Hash" squad discusses the latest development in the world of crypto gaming signaling mainstream blockchain awareness and disruption of traditional gaming.
