📑The last few weeks have brought news about the opening of new venture funds in the crypto asset sector. NFT platform Immutable has founded a $500 million venture fund, Multicoin Capital will invest $430 million in crypto startups, and Binance has raised more than $500 million to establish its venture fund.

The Axie Infinity team announced that starting from August 12, a reward in Smooth Love Potions tokens will no longer be credited in classic mode👤

According to the team, SLP awards will be transferred to a new game mode called Axie Infinity Origin. However, their release will not be available for 30 days, as the team is looking for errors, vulnerabilities and abuse.

Animoca Brands announced its cooperation with Magnus Carlsen's company. He and other famous chess players will help create and test a project from the "play-to-earn" category♟

On Wednesday, the MatchboxDAO game development community announced a round of initial funding of $7.5 million.

🗒 DAO was launched earlier this year and currently supports 25 projects with its team of seven people.

GM @everyone! 🌞

It is a pleasure to announce that we will host a Twitter Spaces with the promising Brazilian project Brasil com S NFT.

Recently, Brazil ranks 2nd in numbers of NFT holders in the entire planet, and we are going to learn a little more about the perspectives, challenges and growth of this market.

Brasil com S will develop a cultural center in the metaverse where artists can expose and perform their arts and cultural events will happen to the public. The project also aims to develop metaverse wearables and educate newcomers in web3.

It will happen today in our twitter spaces at Saturday, August 20, 2022 7:00 AM Japanese time!

Don’t miss out!

⤵️

https://twitter.com/i/spaces/1jMJgeRbWWWKL

https://discord.gg/AtgcBVtY2f

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The Snook NFT game based on Polygon opened the opportunity to launch "thematic rooms" for ecosystem partners Unstoppable Domains and LobsterDAO🤝🏻

The BBT Themed room solution allows projects to interact with communities through gameplay in an environment for experienced users.

The development of the turn-based MMORPG crypto game Untamed Isles has been stopped indefinitely without the possibility of compensation due to the onset of "cryptowinter".

📝This was announced on the project page on Steam by the head of the game development studio Josh Grant.

💠Meta has announced the official launch of a new account system - Meta accounts and Meta Horizon profiles. Both will eventually replace personal accounts on social networks Facebook and Instagram, which were previously used to log in to the virtual reality system.

The Japanese division of blockchain game operator Animoca Brands raised $45 million from the parent company and one of the oldest banks in the country Mitsubishi UFJ Financial Group, Inc.

💳 The preliminary estimate of Animoca Brands Japan was $500 million.

The game indie project focused on NFT was on the verge of bankruptcy - the company's CEO was too fond of buying ETH during the crypto market recession. He published a letter in which he apologized for his mistakes in managing the startup📉

📝In April this year, the project raised $15.5 million for development thanks to the sale of NFT. The management exchanged the proceeds of ETH for US dollars and found such a business model very effective.

👥Co-founder of the Jugger project Levan Quirkvelia analyzed more than 60 decentralized games and said that 40% of active accounts in them are bots or "twinks".

The Jugger project specializes in preventing the use of bots in Web3 projects.

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🧘🏽‍♀️The Inite application announced collective meditations for everyone.

According to the developers, their Web3 game helps to improve cognitive skills, productivity and cheer up.

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💻As a blockchain project based on the popular mobile game Fantasy Town, Crypto Fantasy Town plans to improve the set of options by adding NFT.

Social simulator Crypto Fantasy Town announced the successful completion of the investment round with the support of Solana Ventures✅

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The peak of project activity occurred in the autumn of 2021.

🌄The project attracted the attention of investors and players in 2019 - against the background of developers receiving $1.5 million in seed investments from Pangea Blockchain Fund, Hashed, ConsenSys and Animoca Brands.

Axie Infinity was highlighted by players from low-income countries. Income in Axie Infinity was higher than local salaries.

📺Russian Soyuzmultfilm (SMF) Animation Studio announced plans to develop computer games based on the Polygon blockchain platform.

The games will involve cartoon characters in the form of NFT tokens. This was announced by the commercial director of the studio Vladimir Chibisov at the Eastern Economic Forum.

Guess the price ETH will reach after 72h of the merge completion and win US$100!

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