The Axie Infinity gaming ecosystem, based on blockchain, has released the first Axie accessories to strengthen the emotional connection between players and their axi. Accessories or skins are intended for use by the community in the Arena or in the future AxieCore feature.

American video game publisher Activision Blizzard announced the departure of Alegre after the expiration of the employment contract. He has worked as President and Chief Operating Officer. Yuga Labs announced that Alegre would take the position of CEO from the first half of 2023.

Medieval Empires launched an in-game utility token on the crypto exchange ByBit. Owning the game token enhances the gaming experience for players, gives them the power to shape the project’s future.

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AquaCity launches a Metaverse platform to enable users to create their own underwater world. It was jointly created by a group of senior programmers and designers who are passionate about Metaverse. The ultimate goal of AquaCity is to create a “human-machine integration” scene.

During the first days of the new year, the prices of metaverse tokens such as ApeCoin and Axie Infinity have risen by around 6%. APE is up 6% to $3.86, AXS rose 6.74% to $6.40, while SAND rose 4.8% to around $0.40. MANA posted more modest gains of 4.44% to reach around $0.30.

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The metaverse is a virtual world where users can communicate virtually by fusing elements of social media, online gaming, AR, VR, and cryptocurrencies. So here are 5 companies that offer online-gaming:

🔹Juego Studios
🔹Avarik Saga
🔹The Mars
🔹Illuvium
🔹Amakuni

The renowned composer and music director AR Rahman turned 56. An Oscar winner announced the launch of his metaverse platform “Katraar” on the occasion of his birthday celebration. Additionally, he posted the video on his social media accounts along with a humorous caption.

KWANGYA recently announced the launching of its digital space in The Sandbox metaverse. The metaverse experience will help users enjoy unrestricted K-culture. Similarly, KWANGYA is opening the SMCU PALACE, which will also be a part of Sandbox.

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Hardware wallet company Ledger is adding a blockchain game, Cometh Battle, to its Ledger Live app, the company announced Wednesday. It is a free-to-play sci-fi digital card game that released its open beta version on Ethereum scaling network Polygon back in May 2022.

Robbie Ferguson, the founder of the ImmutableX, said the Web3 game industry lags in development despite receiving over $18 billion in financing over the last two years. Many Web3 games would launch in 2023 after hitting two or three years of development.

Illuvium DAO, the blockchain-based project founded in Australia, has launched its third game Illuvium:Zero. The new AAA game in its Alpha version has already increased the price of Illuvium’s NFT lands by 48% in the last week.

The web3 spin-off of the classic virtual pet game Neopets raised $4 million in a new funding round. Polygon Ventures, Blizzard Avalanche Ecosystem Fund, IDG Capital and its parent company Chinese gaming firm NetDragon Websoft were among the investors, according to a release.

Web3 game studio InfiniGods' debut game InfiniMerge came out of beta and is available to the public. The company said it has attracted more than 1,000 players since coming out of beta. The game is available on desktop with full mobile support coming later this year.

It’s not shocking that play-to-earn gaming has taken over the cryptocurrency world. Here are the top 5 play-to-earn games of the week:

🔹The Sandbox
🔹Star Atlas
🔹Decentraland
🔹Axie Infinity
🔹My Neighbor Alice

According to the publication, the company's CEO John Linden intends to find funding during meetings with investors in Dubai. In August 2021, it closed the $150 million Series C round with an estimate of $1.25 billion. It was headed by the venture company Andreessen Horowitz.

On Thursday, DappRadar dropped its 2022 overview of the blockchain gaming industry.

The review highlights some interesting trends from last year that will likely define 2023. That includes an increase in on-chain transactions and the number of unique active wallets.