Omniverse #12 The Ultimate Weekly Roundup of Gaming & Tech Trends
👻 Boo! 🎃 Spooky season is creeping up, and let’s be real — this year’s horror stories aren’t just about ghosts. Have you been haunted by Web3 bugs, AI gone rogue, or that one terrifying lag in esports that cost you the win? 😱 As Halloween approaches, it’s time to get ready for tricks, treats, and maybe even a few surprises from the gaming and tech worlds. Whether you’re diving into the mysteries of spatial computing, dealing with the madness of XR, or navigating the weird world of AI, Omniverse has you covered. Are you ready to face the thrills, the chills, and maybe even some killer insights? 😏
So, grab your pumpkin spice latte (or whatever keeps you going) and let’s jump into this week’s edition of Omniverse — where the only thing you should fear is FOMO! 👾✨
Reports & Insights 🎓
Gaming Market to Reach $223 Billion by 2029: Konvoy Ventures has released its latest report on the state of gaming venture capital (VC) funding, revealing a trend of stabilization within the industry.
Over $110 Million Invested in Web3 Gaming During Q3 2024: According to a recent report by DappRadar and BGA, the third quarter of 2024 saw many highlights for the blockchain gaming industry.
TL;DR Making a Great Web3 Game: To succeed in the competitive web3 space, games must focus on more than just blockchain integration. Here are the essential elements that define a great web3 game, ensuring a captivating experience and long-term player engagement.
The History of Web3 Gaming Investments: In this article, we will explore the history of web3 gaming investments, from Bitcoin’s influence to major venture capital trends and the evolution of M&A activity.
Web3 Gaming News 🎯
💰 Node.vc Raises $77.3 Million for New Fund: Node.vc secures $77.3 million for a new venture capital fund, backed by 70 Nordic entrepreneurs, to support early-stage tech startups. The VC aims to drive innovation in gaming.
💰 PiP World Raises $10M to Expand Web3 Gaming Ecosystem: PiP World secures $10 million in seed funding from Exinity to develop its web3 gaming platform, including Roblox and Telegram-based games, targeting emerging markets with financial education.
💰 Azra Games Secures Over $42 Million for Next-Gen Mobile RPG: Azra Games raises $42.7 million to accelerate development of Project Legends, a next-gen mobile RPG blending traditional gameplay with web3 technologies.
💰 Saakuru Labs and Memecore Launch $10M Foundation: Saakuru Labs and Memecore introduce a $10 million fund to accelerate blockchain gaming, support developers, and expand the web3 gaming ecosystem.
💰 Dragonz Lab Secures $9M Investment for Web3 Game: Dragonz Lab, a web3 gaming studio based in the UK, has announced the successful completion of a $9 million equity funding round.
💰 Oxalis Games Secures $2M Funding for Moonfrost: Oxalis Games, a UK-based game development studio, has announced it raised $2 million in new funding to support the continued development of its upcoming pixel art life-simulation RPG, Moonfrost.
ReadyGG Rebrands to Play and Partners with TapNation: Play, previously called ReadyGG, has officially launched its Build Play development platform, designed to expand access to web3 technologies within the gaming industry.
Wild Forest Reveals New Campfire Feature and Design Contes: The free-to-play strategy game Wild Forest has introduced a new feature called Campfire that allows players to passively earn Gold, alongside launching a map design contest with NFT prizes. Both updates aim to enhance player engagement in the Ronin-powered game as it continues into its fourth season.
Hell’s Kitchen New Fork Off Experience in The Sandbox: Fork Off, a new metaverse experience in The Sandbox x Alpha Season 4, offers players a chance to earn rewards while navigating a chaotic kitchen. Developed by Hell’s Kitchen, the popular cooking show led by celebrity chef Gordon Ramsay, the game allows players to collect ingredients, power-ups, and coins while dodging fiery obstacles to survive.
Off The Grid Top Free-to-Play Game on Epic Games Store: The game briefly claimed the #1 spot on the Epic Games Store’s free-to-play list. While currently ranked #11, the game is also available on PlayStation and Xbox, attracting strong attention from gamers across platforms.The rise of OTG is a case study of what you can do to attract gamers. 🚨 Success Alert
🕹️ Crypto Game Moonray to Launch on PlayStation 5 in 2025: Moonray is set to launch on PlayStation 5, expanding from PC to console. With strategic melee combat, diverse game modes, and expanding IP, Moonray Studios aims to reach a broader gaming audience.
Elympics Season 3 is Now Live!: 9 new quests, thousands of participants, and a joint goal — winning.
🎁 Sega’s Battle of Three Kingdoms Launches Airdrop Event: Double Jump Tokyo, a Japanese web3 game company, has introduced an airdrop event for its new title Kai Sangokushi Taisen — Battle of Three Kingdoms. The pre-release campaign, called The Rise of Bravery, taps into the growing trend of Telegram-based games. This event allows players to explore elements of the Three Kingdoms while collecting in-game rewards in preparation for the full game release. 🚨 Success Alert
The Warsaw Bootcamp, organized by Elympics and TON Society last week was absolutely amazing ❤️💙 TON Society Europe
Pioneers & Visionaries 😎
double jump.tokyo Partners with Neoclassic Capital: double jump.tokyo, a prominent Japanese blockchain game developer, has announced a strategic partnership with Neoclassic Capital, a U.S.-based venture capital firm focused on web3 and digital assets. By joining forces, the two companies seek to accelerate the global adoption of web3 technologies, starting from the Asian market.
Immutable zkEVM Opens Platform with Permissionless Deployment: Immutable zkEVM, a blockchain platform built to address the unique needs of game developers, is opening its doors to all creators with a significant update: permissionless deployment. The platform is expanding its accessibility by removing the deployer allowlist, enabling any developer to deploy smart contracts and web3 gaming projects without manual approval. Immutable
Web2 Gaming News 🎮
Xsolla and Uzbekistan’s IT Park sign deal to open game development academy in 2025: The academy will focus on training local talent and fostering new opportunities for game production
Genshin Impact has surpassed an estimated $5 billion on mobile in mainland China: Niko Partners projects that Genshin Impact will reach $10 billion in mobile earnings next year
Recommended by LinkedIn
Tomb Raider franchise sells over 100 million units, comes with remaster announcement
Metaphor: ReFantazio surpasses 1M sales on launch day to become fastest-selling Atlus game
Prime Gaming has dozens of free games for subscribers this month: Expect some spooky offerings, including BioShock Remastered, Scorn, and Doom Eternal.
Former Blizzard boss’ new studio reveals debut tabletop-inspired game Sunderfolk announced for PS5, Xbox Series, Switch, and PC
AI in Game 🤖
How AI will shape the games industry: AI remains the hottest topic in tech. OpenAI pulled in record investment this month, and you can throw a stone in any direction and hit news of fresh funding for AI games projects.
AI-powered player feedback platform Live Aware Labs lands $4.8 million investment: The platform helps game developers capture, analyse, and act on player experiences in real-time
Unity 6 goes live: Under the hood of the game engine’s latest AI, web and mobile tools Unity
Tales Reveals Gaming AI: Enables Users to Build & Play Any Game
How AI can help you make a computer game without knowing anything about coding
Spatial Computing 🌐
What is spatial computing, and how will mixed reality blur the lines between the physical and the digital realms?
From connected pages to connected spaces: 3EALITY wants to build 3D interaction in physical and digital worlds
The Rise of Spatial Computing Market: A $280.5 billion Industry Dominated by Meta (US), Microsoft (US) and Sony (Japan)
XR/AR/VR 🕶 👓
Metaverse 🔮
Venice Immersive: Visit The Venice International Film Festival In VRChat
Esports 🏓
2024 Worlds semi finals confirmed: Gen.G eliminate defiant FlyQuest as top four teams advance and London final is set for LPL vs LCK match-up
And that’s a wrap for this week’s haunted edition of Omniverse! 🎮👻 As we gear up for Halloween, remember: the real horrors aren’t the ones hiding under your bed — they’re the tech trends you missed out on! So, whether you’re gaming in the metaverse, battling in esports, or figuring out how to survive AI’s takeover, we’ll be here to keep you in the know.
Until next time, stay spooky, stay curious, and don’t forget: there’s always a trick or treat waiting in the next issue! 🎃🎮👋
Esports & Gaming Operations Expert | Project Manager | Specialising in Digital Engagement, Event Management & Brand Growth
1moSuch a fantastic and timely update, Ayse! The gaming and tech world is indeed full of thrills and chills this season. Excited to dive into this week's edition of Omniverse and explore all the spooky yet thrilling stories you’ve mentioned! Ready for the tricks and the treats!