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.

🔝Decentralized gaming platform Ajuna Network has raised $5 million in a new private funding round led by blockchain-focused venture capital firm CMCC Global. The announcement coincided with the Friday launch of the startup’s "Awesome Ajuna Avatars" NFT game collection.

📉Web3 games have become a bright spot this decadent year for the industry whose funding has run out. This may not happen much longer if interest in blockchain games continues to weaken.

The Japanese company Square Enix, which developed the game franchises Final Fantasy and Kingdom Hearts, is working with the Polygon blockchain to launch the gamified NFT project Symbiogenesis. It was firstly announced in November 2022.

Game Web3 firm Unagi announced the successful completion of the initial round of financing in the amount of $5m. The developers of the French startup expand the NFT fantasy sports platform beyond football and were going to integrate NFTs on the topic of basketball.

📈According to a new report from DappRadar, in the first month of 2023, gamers made up nearly half (48%) of all blockchain activity. January also saw the market caps for top gaming tokens increase by 122% on average.

📊DappRadar and Blockchain Gaming Association estimated that the gaming onchain activity of blockchain game users in January amounted to 858,621 unique active wallets per day. This is almost half of the total activity in decentralized applications.

Investment firm Pantera Capital invested $10m in the multiplayer online role-playing game Worldwide Webb during the Serie A funding round. Players can participate in quests and interact with the virtual economy of the browser MMORPG, buying ‘lands’ and ‘immovable property’.

The developers of the Volt Inu crypto project have released the debut version of the new Battle Royale game using non-fungible token technology (NFT). Its peculiarity is that gamers can install it on their personal computer.

📊Ben GCrypto disclosed the top-10 GameFi project. ApeCoin, the Internet Computer and the Sandbox top the list with a market capitalization of about $2 billion. Other projects that make up the list include Axie Infinity, Immutable X, Enjin Coin, FLOKI, Magic, Gala, and STEPN.

📈Shytoshi Kusama, Shiba Inu’s lead developer, has increased the prize pool for a community-run Shiba Eternity tournament to $1,000.

The Shiba Inu lead also suggested that the tournament be done biweekly instead of monthly.

The METAX Community Telegram public channel is now live!
Join us to interact with the team and the community!

https://t.me/MetaXComm

Believer aims to create a decentralized platform that provides gamers with complete ownership and control over their in-game assets. The $55m in funding will be used to accelerate the development of Believer’s platform and expand its user base.

🔗Arbitrum’s new chain Arbitrum Nova, which is intended to be used for social apps and gaming, has announced an integration with Covalent, a Web3 data provider, to scale the GameFi ecosystem and accelerate the development of Web3 social applications.

⚽️Football Web3-startup Matchday raised $21 million in the round of funding. This is reported by Decrypt. One of the investors was the venture company of the famous football player Lionel Messi - Play Time.

⛓️Epic Games founder Tim Sweeney allowed a ban on blockchain games in the Epic Games Store marketplace. According to him, the site will immediately close access of such games to its services if fraud begins to flourish around them.

🧟The P2E game The Walking Dead: Empires, based on the popular television series, announced a new two-week game test, which will be launched on March the 20th. The project was originally created by Ember Entertainment and recently acquired by Gala Games.

🔝Brazil-based startup Jungle announced today that it has raised $6 million in seed funding in a round co-led by venture capital firms Bitkraft Ventures and Framework Ventures, with plans to develop a Web3 mobile shooter.