What happened in GameFi? Latest Web3 Games News

Explore the latest in web3 gaming: from visually impressive shooters to AI worlds and anticipated blockchain reveals

EXVERSE: A Visually Stunning Web3 FPS

EXVERSE, a first-person shooter with AI mechanics, has raised $3 million in investments from prominent companies like Cogitent, Cointelligence, and Moonrock, and is being incubated by Kucoin Labs and Seedify. The development team is from the traditional web2 game industry. After a three-year of development, EXVERSE now has a partnership with Epic Games and ~65k users.

Notably, the project’s visuals have garnered significant attention, with graphics that are impressive for a web3 game. EXVERSE can easily become one of the best games in the industry, with a tournament planned for the second half of March featuring a prize pool of $50,000. Players will need to complete quests to be eligible for the rewards.

Colony: Parallel Studio’s AI-Driven Simulation

Parallel Studio, the creators behind Colony, are developing a unique gaming experience based on an AI colony, where each character will have a distinct role. With a combination of Rust and avatar-style gameplay, Colony will allow players to extract resources, engage in combat with other colonies, and navigate an AI-driven narrative.

To create an avatar, players will need to either purchase an NFT or mint the game’s $PRIME token. Additionally, $PRIME holders will receive a new game token specifically for Colony, which will operate on the Solana network.

According to the Whitepaper, avatars can be multiplied, the AI will occasionally make decisions over player’s choices, and the game will simulate an autonomous world governed by AI. Each avatar will possess unique skills and character traits, and earning mechanisms will be akin to card games, with rewards dependent on performance. A public beta is expected by the end of 2024, but avatar holders may gain access earlier, in Q2-Q3 2024.

Meta Racing: GameFi Lottery with Upgraded Mechanics

Meta Racing, a GameFi lottery where players can influence their chances of winning by upgrading cars for auto racing using tokens, has recently completed its second season of the Play To Airdrop event, distributing $3,000 among active participants. Due to the community’s positive response, the team has decided to launch a third season.

Additionally, Meta Racing has updated its racing mechanics and is preparing a slew of exciting new features. The team plans to give away $8,000 during March and April, with upcoming updates including a refreshed visual style for races, a referral program, and daily quests. The game’s continual development is a testament to the team’s dedication and the growing popularity of the GameFi sector.

EVE Online Developer Teases New Game Project Awakening

CCP Games, the developer behind the renowned space MMO EVE Online, has shared the first details on their upcoming blockchain title, Project Awakening, ahead of a closed playtest and hackathon scheduled for May 21st. During these events, participants will have the opportunity to utilize various tools to create their own features in a persistent world set within the EVE universe.

Project Awakening is described as a “single-shard survival experience” set in the EVE universe, where players can creatively build upon the world using blockchain technology.

The closed playtest, labeled PHASE III, will allow participants to develop and enjoy user-made content, while the online hackathon will encourage creativity and provide tools for creating new features. Interested applicants can sign up on the official website, with both events taking place within Discord and requiring participants to sign an NDA.

With a $40 million investment secured last year for the development of this massive Web3 title, Project Awakening promises to offer a unique and immersive experience for fans of the EVE universe and blockchain gaming enthusiasts alike.

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