Gaming
VC Fund NFX Launches Crypto Gaming Seed Fund
The venture capital fund recently lined up $450 million to invest in seed-stage companies.

Yield Guild Games Invests $175K in Merit Circle to Expand Scholarship Program
YGG will work with the decentralized autonomous organization to expand its play-to-earn scholarship model in developing countries.

Blockchain Firm TangoChain Launches Platform for Play-to-Earn Games, NFT Creation
TangoChain focuses on gaming and NFTs, and its model involves giving players financial incentives to play and progress through games.

Neopets Looks to NFTs to Revive Its Early-Aughts Glory
The virtual pet universe has tapped Solana’s Raydium exchange for an NFT drop high on nostalgia.

Yield Guild Games Taps HaloDAO to Help Gamers Put Earnings in DeFi
Yield Guild Games (YGG), a key investor in the “play-to-earn” arena, has teamed up with the stablecoin-focused decentralized finance (DeFi) project HaloDAO to allow its gamers to cash out using its stablecoin and gain yield. "The Hash" squad discusses the latest move signaling the importance of DeFi in emerging economies and the world of blockchain games.

Immutable Raises $60M in Funding to Boost NFT Trading
The Ethereum Layer-2 protocol says it has created the underlying infrastructure for any business to build a game, marketplace or NFT application.

Huobi Ventures Sets Up $10M GameFi Fund
The crypto exchange’s VC affiliate wants in on the “play-to-earn” hype.

Solana-Based Game Raises $4.1M to Teach You How to DeFi
DeFi Land is a farm simulator teaching the basics of decentralized finance. Can it be a game-changer for new crypto users?

The Latest NFT Fad Is a Text-Based Fantasy Game Building Block
“The Hash” squad discusses the evolving world of non-fungible tokens (NFTs), with the latest craze among the simplest and the strangest yet: “Loot: (for Adventurers),” a text-based NFT side project from social media network Vine co-founder Dom Hofmann, that randomly generates a list of items ostensibly intended for players of a fantasy video game.

What to Know About the Play-to-Earn Phenomenon in NFT Gaming
Beryl Li, the co-founder of Yield Guild Games (YGG), told CoinDesk non-fungible token (NFT) games are doing more to deliver financial inclusion than a bank account ever has or will.
