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.

Cross-chain margin platform Prime Protocol launched its testnet on Arbitrum yesterday, and will be the first cross-chain brokerage that allows users to take out margin on their entire account — regardless of what chain they are on.

Neon Link, a blockchain gaming company, announced its opening of the presale of the $NEON token, taking place on the 15th February, which is set to fuel the next generation of games that sit on top of the project’s own cross-chain network.

Xborg, the web3 gaming organization from Swissborg, announced on Feb. 1 that it is launching a web3 esports league entitled Xtreme Championship Series.

📋The league will include web3 games Axie Infinity, The Harvest, Gods Unchained, Spider Tanks.

Axie Infinity’s users can stake their land and NFTs on-chain. One must assess the value of their digital assets using the MetaLend-provided calculator and borrow ETH against the asset for up to 30% of the asset's value before earning a staking reward.