Look at Gaming #401 | 8.12.2024
GM! Welcome back to another Monday y'all. Rise and grind.
Last week was quite a week especially with all the earnings reports. But there are only four items that I want to spotlight.
First is that video games is a $250B market. Yes yes there has been many of these types of figures thrown out but I like this one because it was authored by Joost van Dreunen (NYU professor and cofounder of SuperData). A 4.6% CAGR, which is so so compared to other digital entertainment sectors. 31% decrease in consle hardware sales as we wait for next-gen devices. And unsurprisingly, $115B in mobile spending, a little less than half of the market.
Additionally, in the AppsFlyer report, mobile gaming spent $29B on user acquisition in 2023. Recall that Monopoly Go spent $500M on ads so about 17% of the total global spend on ONE TITLE. Craziness. US remains the most competitive market to spend in. This combined with expensive development costs in the US could really mark the decline of US dominance. The most spend comes from match games, which ate 30% of the total global spend.
Third article is about how community actually drives monetization. I've always had a hunch that games with dense communities increase the propensity for players to spend but glad there's data behind it now. Specifically, 15% of monetized players would spend more if they are engaged in the community. That's meaningful.
Now that we are reminded that community is important, let's look at how to do it. From one of my FAVORITE publications, Decentralised.co dropped a banger piece on how to build a product-community flywheel. This is the holy grail for any product but particularly for web3 gaming as there are many more hooks in a game to get a player to engage with the community -- the genre, the lore/narrative, the art, the characters, etc.
That's it for this week y'all. And if you're short on time, I recommend at least reading the headlines of the earnings report to see where things are shaking out.
Catch you next week. XOXO. gg
-----
⚡ Spotlight 🤩
The $250 billion video games market | SuperJoostPlaylist
Gaming Apps spent $29B on user acquisition in 2023, 40% to U.S. | AppsFlyer
15% of monetised players spend more if actively engaged in a community | PGBiz
How To Build Product-Community Fly Wheels | Decentralised.co
🌊 MARKET 📞
Square Enix’s Q1 profits more than triple despite revenue decline | PGBiz
Take-Two reports $1.34 billion in net revenue teamed with a $262 million net loss | PGBiz
Nexon hits record Q2 revenue fueled by Dungeon & Fighter Mobile success | PGBiz
Unity outperforms guidance in Q2 2024 despite leadership changes | GamesBeat
Sony’s Gaming Q1 revenue grows 12% YoY, ups FY24 projections | GamesBeat
NCSoft profit bounces back with 59% of revenue on mobile but not all Lineage games are thriving | PGBiz
The Future of Guild Esports Appears Uncertain | TheFudgeReport
The $250 billion video games market | SuperJoostPlaylist
Games peripherals become a $10 billion market | GameDeveloper
Game developers are still feeling the pull of last-generation consoles | GameDeveloper
What exactly is a 'gamer' and why does it matter? | GameDeveloper
Amir Satvat: The situation with layoffs in the Gaming market is improving | GameDevReports
Gaming Apps spent $29B on user acquisition in 2023, 40% to U.S. | AppsFlyer
💎 Deep Dives 🔎
Mistplay: The Influence of social factors on the mobile gaming audience | GameDevReports
15% of monetised players spend more if actively engaged in a community | PGBiz
Global Gaming Report Q2 2024: M&A activity on the rise for the 3rd straight quarter | DrakeStar
🌈 Platforms 🏠
D23 2024: all the biggest trailers and news out of Disney’s biennial showcase | TheVerge
Disney fans can tune into Fortnite for collaboration announcements | GamesBeat
Report: WB Discovery looking to sell off games, other divisions to prevent total breakup | GameDeveloper
✨ Web 3⃣ + Meta 🌐
Samsung Partners with Illuvium for Web3 Gaming TVs | Gam3s.gg
GM! Welcome back to another Monday y'all. Rise and grind.
Last week was quite a week especially with all the earnings reports. But there are only four items that I want to spotlight.
First is that video games is a $250B market. Yes yes there has been many of these types of figures thrown out but I like this one because it was authored by Joost van Dreunen (NYU professor and cofounder of SuperData). A 4.6% CAGR, which is so so compared to other digital entertainment sectors. 31% decrease in consle hardware sales as we wait for next-gen devices. And unsurprisingly, $115B in mobile spending, a little less than half of the market.
Additionally, in the AppsFlyer report, mobile gaming spent $29B on user acquisition in 2023. Recall that Monopoly Go spent $500M on ads so about 17% of the total global spend on ONE TITLE. Craziness. US remains the most competitive market to spend in. This combined with expensive development costs in the US could really mark the decline of US dominance. The most spend comes from match games, which ate 30% of the total global spend.
Third article is about how community actually drives monetization. I've always had a hunch that games with dense communities increase the propensity for players to spend but glad there's data behind it now. Specifically, 15% of monetized players would spend more if they are engaged in the community. That's meaningful.
Now that we are reminded that community is important, let's look at how to do it. From one of my FAVORITE publications, Decentralised.co dropped a banger piece on how to build a product-community flywheel. This is the holy grail for any product but particularly for web3 gaming as there are many more hooks in a game to get a player to engage with the community -- the genre, the lore/narrative, the art, the characters, etc.
That's it for this week y'all. And if you're short on time, I recommend at least reading the headlines of the earnings report to see where things are shaking out.
Catch you next week. XOXO. gg
-----
The $250 billion video games market | SuperJoostPlaylist
Gaming Apps spent $29B on user acquisition in 2023, 40% to U.S. | AppsFlyer
15% of monetised players spend more if actively engaged in a community | PGBiz
How To Build Product-Community Fly Wheels | Decentralised.co
Square Enix’s Q1 profits more than triple despite revenue decline | PGBiz
Take-Two reports $1.34 billion in net revenue teamed with a $262 million net loss | PGBiz
Nexon hits record Q2 revenue fueled by Dungeon & Fighter Mobile success | PGBiz
Unity outperforms guidance in Q2 2024 despite leadership changes | GamesBeat
Sony’s Gaming Q1 revenue grows 12% YoY, ups FY24 projections | GamesBeat
NCSoft profit bounces back with 59% of revenue on mobile but not all Lineage games are thriving | PGBiz
The Future of Guild Esports Appears Uncertain | TheFudgeReport
The $250 billion video games market | SuperJoostPlaylist
Games peripherals become a $10 billion market | GameDeveloper
Game developers are still feeling the pull of last-generation consoles | GameDeveloper
What exactly is a 'gamer' and why does it matter? | GameDeveloper
Amir Satvat: The situation with layoffs in the Gaming market is improving | GameDevReports
Gaming Apps spent $29B on user acquisition in 2023, 40% to U.S. | AppsFlyer
Mistplay: The Influence of social factors on the mobile gaming audience | GameDevReports
15% of monetised players spend more if actively engaged in a community | PGBiz
Global Gaming Report Q2 2024: M&A activity on the rise for the 3rd straight quarter | DrakeStar
D23 2024: all the biggest trailers and news out of Disney’s biennial showcase | TheVerge
Disney fans can tune into Fortnite for collaboration announcements | GamesBeat
Report: WB Discovery looking to sell off games, other divisions to prevent total breakup | GameDeveloper
Samsung Partners with Illuvium for Web3 Gaming TVs | Gam3s.gg
Please open Telegram to view this post
VIEW IN TELEGRAM
Substack
The $250 billion video games market
Global market sizing and forecast for 2025
🔥4
Ronin Gaming Network Recovers Swiped Ethereum After $12 Million Bridge Attack | Decrypt.gg
Web3 tech firm Improbable makes its first profit after metaverse pivot | PGBiz
🧠 Knowledge Hub 📘
How To Build Product-Community Fly Wheels | Decentralised.co
Training the game designers of tomorrow (Part 3 of 5) | GameDeveloper
Seven psychology-inspired tips for perfect video game design | PGBiz
Playtesting blueprint for game studio managers | GameDeveloper
💲 Fundraising 🤑
Reforged Labs raises $3.9m in funding round | Gamesindustry.biz
Tribo Games Raises $3.3 Million in Funding | Gam3s.gg
BasedVC Raises $2 Million in Seed Funding and Preps for Token Launch | Gam3s.gg
Nazara Technologies acquires Fusebox Games for $27.2m | GamesIndustry.biz
MixRift raises $1.6M to develop mixed reality games | PGBiz
Bitkraft invests in Gam3Girl Ventures to help Web2 devs move to Web3 | GamesBeat
South Korea's HYBE secures $80 million investment for games division | PGBiz
PiP World acquires high-grossing stock simulator game StockRise | GamesBeat
Curio Secures $5.7 Million to Build Blockchain Games | Gam3s.gg
Social First bag a further $4.2 million investment as they get set to "redefine social gaming" | PGBiz
nunu.ai has raised $2 million towards AI playtesters and QA with bot detection on the way | PGBiz
Cartridge Secures $7.5M to Build On-Chain Games | Gam3s.gg
👾 Game & Stats Releases 📊
Viral shooter Kingmakers just secured a movie deal (and it hasn't even launched yet) | GameDeveloper
✅ Gaming News
✅ Web3 Gaming Coverage
Web3 tech firm Improbable makes its first profit after metaverse pivot | PGBiz
How To Build Product-Community Fly Wheels | Decentralised.co
Training the game designers of tomorrow (Part 3 of 5) | GameDeveloper
Seven psychology-inspired tips for perfect video game design | PGBiz
Playtesting blueprint for game studio managers | GameDeveloper
Reforged Labs raises $3.9m in funding round | Gamesindustry.biz
Tribo Games Raises $3.3 Million in Funding | Gam3s.gg
BasedVC Raises $2 Million in Seed Funding and Preps for Token Launch | Gam3s.gg
Nazara Technologies acquires Fusebox Games for $27.2m | GamesIndustry.biz
MixRift raises $1.6M to develop mixed reality games | PGBiz
Bitkraft invests in Gam3Girl Ventures to help Web2 devs move to Web3 | GamesBeat
South Korea's HYBE secures $80 million investment for games division | PGBiz
PiP World acquires high-grossing stock simulator game StockRise | GamesBeat
Curio Secures $5.7 Million to Build Blockchain Games | Gam3s.gg
Social First bag a further $4.2 million investment as they get set to "redefine social gaming" | PGBiz
nunu.ai has raised $2 million towards AI playtesters and QA with bot detection on the way | PGBiz
Cartridge Secures $7.5M to Build On-Chain Games | Gam3s.gg
Viral shooter Kingmakers just secured a movie deal (and it hasn't even launched yet) | GameDeveloper
Please open Telegram to view this post
VIEW IN TELEGRAM
Decrypt
Ronin Gaming Network Recovers Swiped Ethereum After $12 Million Bridge Attack - Decrypt
Three years after a massive $622 million hack, the bridge connecting Ronin to Ethereum has been attacked again. But there's a happier ending.
🔥7❤1
Look at Gaming #402 | 8.19.2024
GM frens! Hope everyone had a wonderful weekend. I wanted to kick this week off with some flowers.
Flowers for Epic Games. The multi-year battle has led to this final moment. Fortnite is launching on Epic Games' alternative app store.
The EGS mobile iOS store launched in the EU and Android store worldwide. In addition to Fortnite, users are able to download Rocket League and Fall Guys too. Pretty sweet deal.
What's important is that Epic's legal battle combined with policy from governments worldwide, opened this new domain of alternative stores. But this was a multi-year process that costed Epic close to $1B dollars.
To continue with the good news, there are signs of a recovery in the gaming space, particularly in the fundraising space. According to DDM's Games Investment Review, the investment volume nearly doubled to $8.1B in H1 2024 from $4.5B in all of 2023.
Anecdotally, I've been noticing the Fundraising section of this newsletter to be quite popping so it wasn't too surprising to see this review from DDM.
The last article I want to talk about is the state of game publishing. The macro environment is bad for every participant in the games industry from declining revenue, rising costs, to unending layoffs. Game Publishers are the purse strings of the industry so as they go through these pains, those strings tighten.
Publishers are coming in from the risk curve by greenlighting more predictable catalogues and long tail games while reducing investment in new IPs or even new games from existing IPs. Others turned to a more metric-driven approach like assessing the number of wishlists on Steam before launching a game.
Then many others who have been publishing for 10+ years are going back to more intimate indicators like median time spent on demos and playtests and external metrics like social engagement in Discord.
As the title of the article suggests, gone are the days of generalist indie publishers. Publishers must find their edge and deliver a unique offering to the market to establish a publisher identity. Obvs self-publishing is also a more viable path now than previously so Publishers must demonstrate their value-add to games.
That's it for this week's LAG! Wishing everyone a wonderful rest of their week.
gg
PS. Black Myth: Wukong will be released on August 20th. I'm going to be playing it!
-----
⚡ Spotlight 🤩
Epic Games Store and Fortnite launch on mobile platforms after a monumental fight |GamesBeat
New report says the games industry is "showing signs of a recovery" | GamesIndustry.biz
The state of games publishing: "The era of the generalist indie publisher is over" | GamesIndustry.biz
🌊 MARKET 📞
Krafton H1 24 revenue and operating profit surges to record highs | GamesBeat
The state of games publishing: "The era of the generalist indie publisher is over" | GamesIndustry.biz
💎 Deep Dives 🔎
Games Are For Everyone… Except You | KonvoyVentures
Roblox is Already the Biggest Game In The World. Why Can't It Make a Profit (And How Can It)? | MatthewBall
Singular: Mobile Market Trends in Q2'24 | GameDevReports
Guide to Growing Chinese Gaming Apps Overseas | LiftOff
New report says the games industry is "showing signs of a recovery" | GamesIndustry.biz
Sanlo survey says 81% of mobile gamers are aware of web shops | GamesBeat
How Ex-Riot Games Alumni Have Secured Over $450 Million | Gam3s.gg
🌈 Platforms 🏠
Candy Crush lands on alternative app stores | PGBiz
Epic Games Store and Fortnite launch on mobile platforms after a monumental fight |GamesBeat
✨ Web 3⃣ + Meta 🌐
Aavegotchi Studio Reveals ‘Members Only’ Ethereum Layer-3 Gaming Chain | Decrypt.gg
Ubisoft Reveals ‘Captain Laserhawk’ Game on Ethereum Layer-2 Arbitrum | Decrypt.gg
Ethereum Gaming Arcade BSMNT Launches on Base Network B3.Fun | Decrypt.gg
🧠 Knowledge Hub 📘
Supporting game design with evolutionary algorithms | GameDeveloper
💲 Fundraising 🤑
Nazara acquires Fusebox Games for $27.2M | GamesBeat
GM frens! Hope everyone had a wonderful weekend. I wanted to kick this week off with some flowers.
Flowers for Epic Games. The multi-year battle has led to this final moment. Fortnite is launching on Epic Games' alternative app store.
The EGS mobile iOS store launched in the EU and Android store worldwide. In addition to Fortnite, users are able to download Rocket League and Fall Guys too. Pretty sweet deal.
What's important is that Epic's legal battle combined with policy from governments worldwide, opened this new domain of alternative stores. But this was a multi-year process that costed Epic close to $1B dollars.
To continue with the good news, there are signs of a recovery in the gaming space, particularly in the fundraising space. According to DDM's Games Investment Review, the investment volume nearly doubled to $8.1B in H1 2024 from $4.5B in all of 2023.
Anecdotally, I've been noticing the Fundraising section of this newsletter to be quite popping so it wasn't too surprising to see this review from DDM.
The last article I want to talk about is the state of game publishing. The macro environment is bad for every participant in the games industry from declining revenue, rising costs, to unending layoffs. Game Publishers are the purse strings of the industry so as they go through these pains, those strings tighten.
Publishers are coming in from the risk curve by greenlighting more predictable catalogues and long tail games while reducing investment in new IPs or even new games from existing IPs. Others turned to a more metric-driven approach like assessing the number of wishlists on Steam before launching a game.
Then many others who have been publishing for 10+ years are going back to more intimate indicators like median time spent on demos and playtests and external metrics like social engagement in Discord.
As the title of the article suggests, gone are the days of generalist indie publishers. Publishers must find their edge and deliver a unique offering to the market to establish a publisher identity. Obvs self-publishing is also a more viable path now than previously so Publishers must demonstrate their value-add to games.
That's it for this week's LAG! Wishing everyone a wonderful rest of their week.
gg
PS. Black Myth: Wukong will be released on August 20th. I'm going to be playing it!
-----
Epic Games Store and Fortnite launch on mobile platforms after a monumental fight |GamesBeat
New report says the games industry is "showing signs of a recovery" | GamesIndustry.biz
The state of games publishing: "The era of the generalist indie publisher is over" | GamesIndustry.biz
Krafton H1 24 revenue and operating profit surges to record highs | GamesBeat
The state of games publishing: "The era of the generalist indie publisher is over" | GamesIndustry.biz
Games Are For Everyone… Except You | KonvoyVentures
Roblox is Already the Biggest Game In The World. Why Can't It Make a Profit (And How Can It)? | MatthewBall
Singular: Mobile Market Trends in Q2'24 | GameDevReports
Guide to Growing Chinese Gaming Apps Overseas | LiftOff
New report says the games industry is "showing signs of a recovery" | GamesIndustry.biz
Sanlo survey says 81% of mobile gamers are aware of web shops | GamesBeat
How Ex-Riot Games Alumni Have Secured Over $450 Million | Gam3s.gg
Candy Crush lands on alternative app stores | PGBiz
Epic Games Store and Fortnite launch on mobile platforms after a monumental fight |GamesBeat
Aavegotchi Studio Reveals ‘Members Only’ Ethereum Layer-3 Gaming Chain | Decrypt.gg
Ubisoft Reveals ‘Captain Laserhawk’ Game on Ethereum Layer-2 Arbitrum | Decrypt.gg
Ethereum Gaming Arcade BSMNT Launches on Base Network B3.Fun | Decrypt.gg
Supporting game design with evolutionary algorithms | GameDeveloper
Nazara acquires Fusebox Games for $27.2M | GamesBeat
Please open Telegram to view this post
VIEW IN TELEGRAM
VentureBeat
Epic Games Store and Fortnite launch on mobile platforms after a monumental fight |The DeanBeat
The Epic Games Store debuted on iOS in the EU and on Android worldwide with Fortnite, Fall Guys and Rocket League Sideswipe included.
❤2
Autoverse Studios raises $8M for Auto Legends drag-racing Web3 game | GamesBeat
Krafton leads $11.3 million investment into Eschatology Entertainment | GameDeveloper
Web3 platform GAMEE secures investment from TON Ventures | PGBiz
Gate Ventures and The Blockchain Center in Abu Dhabi launch $100M Falcon Gate Ventures | GamesBeat
---------------------
✅ Gaming News
✅ Web3 Gaming Coverage
Krafton leads $11.3 million investment into Eschatology Entertainment | GameDeveloper
Web3 platform GAMEE secures investment from TON Ventures | PGBiz
Gate Ventures and The Blockchain Center in Abu Dhabi launch $100M Falcon Gate Ventures | GamesBeat
---------------------
Please open Telegram to view this post
VIEW IN TELEGRAM
VentureBeat
Epic Games Store and Fortnite launch on mobile platforms after a monumental fight |The DeanBeat
The Epic Games Store debuted on iOS in the EU and on Android worldwide with Fortnite, Fall Guys and Rocket League Sideswipe included.
❤5
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• Tatsumeeko — Pre Beta Preview #2 Registration (August 13 - 23)
• Indus Game — Launched the Open Beta for their Battle Royale Game on both Android & iOS (August 16)
• Ragnarok: Monster World — Launched closed beta for both Android & iOS (August 19 - 26)
• Fableborne — Season 2 Launch (August 19)
• Dark Machine — NFT Mint (August 19)
• Call of the VoYd — Genesis VoYd Heart NFT Launch on IMX zkEVM (August 19/20)
• Real Jonah Blake (Real Third Web) — NFT Public Mint & Reveal (August 23)
• The Forgotten Runiverse — Opening New Foundations Portal to everyone (August 26 - September 7)
• Gangster Arena — Completed their Gangster Presale
• READYgg — Announced rebrand to PLAY
• Etherscape — Launched on Epic Games Store
• Crystals of Naramunz — Announced their rebrand to Crystalfall
• Holdara — Released their v1.1 Litepaper
• Treasure DAO — Announced that App & Portal will merge in preparation for Treasure L2
• Champions Tactics — Open Beta in September
• Sparkball — Announced their rebrand and revealed their roadmap (Founder's Pass Mint & S0 Launch in October 2024)
• Sean Geng (B3) — Why we launched basement.fun, a consumer app bringing more gamers on-chain
• B3 — Launched BSMNTᴮᴱᵀᴬ, a discovery platform for on-chain games (11 onboarded atm)
• Catizen — Announced Sniper Shooting: A FPS game that will soon be part of the Catizen Mini Game Center
• Jonathan Huang (BITKRAFT) — Case Study on how Happy Fishing Master redefines mobile fishing games w/ fast-paced action & clever design, expanding its appeal beyond its traditional audience
• Aavegotchi — Announced Geist, an L3 Gaming Chain powered by Arbitrum, Base, Alchemy and the $GHST token
• Limit Break — Shared details on their progress, upcoming products and contributions to the Web3 community 2 years since launching their free DigiDaigaku NFT Mint
• Stash — Zynga's rise from Facebook app to gaming empire (Justin Waldron, Co-Founder)
• GameSpot — Why Web3 Gaming Founders are massively out of touch (Simon Davis, Mighty Bear Games CEO)
• GAM3S.GG — Exploring Web0
• Naavik — Animoca Brands and the Motorverse
• Making Markets — Enabling the Metaverse: Herman Narula (CEO, Improbable)
• a16z Crypto — Token Do's and Don'ts
• Blockchain Gaming World — Why Gamee is back building on Telegram
• The Block — Gamifying fitness: Moonwalk wants to turn user tasks into tokenized rewards
• Auto Legends — Announced $8m fundraise led by White Star Capital to develop a social drag-racing Web3 game
• Starkfit — Received seed grant from Starknet Foundation
• GAMEE — Received investment from TON Ventures to continue development around its WatBird Mini App
• DUEL3
• Omnia
• KOKODI
• Frenzy Farm
• TonTon Games
• Hello Monster
• Wonder Wars
• Enzo Racing
• Pistols at 10 Blocks
• Sundial Mirage
• Speedtracer
• Based MC
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
😁2❤1
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• Wilder World — Genesis Land Drop Snapshot (August 21)
• Catizen — Launching Mini Game Center (August 22)
• Counter Fire — Releasing public beta (August 22)
• Ember Sword — Closed beta will end soon (August 23)
• Nyan Heroes — Playtest 3 Early Access for Genesis NFT Holders (August 23)
• Edison Metaverse — Releasing Summercrush, a block-building game on browser (August 23)
• MetaGravity — Revealed new edge of chaos website
• Project Mirage — Update Dev Log
• Lawrence (Spartan Group) — An ode to (crypto) gaming: A tribute to interactive worlds
• bard.eth — $SIPHER Deep Dive: AAA Web3 game with 10x potential
• Adam (FrenPet) — Fren Pet players down ~77% (h/t Peter)
• 51 Insights — The Future of Web3 Gaming with BITKRAFT
• WORLDS — GG Quest: Building the Metaverse through User-Generated Content
• GameMakers — Chinese Gaming Giants: Tencent vs Netease
• a16z Games — The Illusion of Overnight Success: The Among Us Story with Forest Willard (Co-Founder, Innersloth)
• AneeMate
• Wizzwoods
• GOY
• Moonwalk Fitness
• DojoMon
• Tamayoshi (ETH Global)
• Kiss or Slap (ETH Global)
• Draw Dash (ETH Global)
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤4
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• bsmnt — Mint a free gasless collectible for Goat Gaming
• Oceanus — Test Oceanus, an on-chain strategic adventure game powered by World Engine (Argus) and provide feedback on Discord
• Rug Poker — Join discord to learn more about an idle money game where users plunder ETH by winning poker games
• Nyan Heroes — Including payload as a new game mode for Playtest 3
• AI Arena — Soft staking cycle 1 rewards are now claimable
• Sofamon — Introduced Gacha Machine that will launch a cat-themed gacha collection w/ Catizen (August 21)
• Otherside — Hosting Poker Alpha Testing (August 22)
• Messari — Understanding Ronin: A Comprehensive Overview
• Levx — Building rug.poker, an idle money game
• Kaito AI — What's going on with Gamefi
• Blockchain Gaming World — Promoting long term play in Blocklords
• Oceanus
• Clash Foundation
• Sanko Arena
• TOY
• めめめのくらげ TCG (Takashi Murakami Game?)
• Rug Poker
• Radiant
• Soteria
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤2
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• Forgotten Runes — START
• Counter Fire — TRY
• Rumble Kong League — PLAY
• Mystery Society — Announced the Mystery Foundation with more details to come around the $MYSTRY token (50% allocated to the community)
• Proof of Play — Launching Multichain v1 next week (Constellation of blockchains on Arbitrum Orbit that work together with their on-chain game engine to support real-time, fully on-chain gameplay and internet-scale dApps)
• Otherside — Project Dragon Episode 2 (August 29)
• Mahjong Meta — Launched a new game, Mahjong 123
• Root Network — Updated to Substrate v1.0.0
• Star Atlas — Crew trading now available on Tensor
• Gam3Girl Ventures — Exploring the Web3 Gold Rush: Leading Game Genres
• 0xmons (Sudoswap) — Existing on-chain game designs favor automated players & put non-automated players at a disadvantage
• GameSpot — Founder explains how his Fortnite team, Evade got acquired, now he runs a Multi-Million Dollar Startup in Moku (Hantao)
• Age Of Memes
• FOLK
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤4
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• GOAT Gaming — CLAIM
• XTREMEVERSE — TRY
• Infinite Seas — CLAIM
• Nyan Heroes — CLAIM
• Forgotten Runes — Released New Foundations (August 26)
• Today The Game — Pioneers closed playtest (August 26)
• SHADOW WAR — August Playtest (August 30)
• Variance Poker — Launched their on-chain poker game on Arbitrum, Base & Mantle
• Catizen — Launched the beta of their mini game center
• MetaCene — $MAK is now trading on ByBit's Pre-Market
• Zeeverse — Launched Telegram Mini-Game
• D'islands — Soft launched their on-chain Dapp on Telegram
• Soulbound — August Release: The Discord Open Beta
• Aavegotchi — Rarity Farming Season 9: 1.2m $GHST to be distributed to top 7500 Gotchis
• Burn Ghost Games — Releasing 2.0 soon
• Karnak Legacy — Will launch S1: The Awakening of Karnak Collection on Beam's marketplace, Sphere
• PlayFi — Launched roadmap detailing their upcoming token launch
• Revolving Games — Reached their Node WL Pre-Sale Targets
• Trial Xtreme — Announced their soft launch
• Lattice — Sky Strife Enters Autonomous Mode
• Oscar (Wolves DAO) — Gaming Mint Playbook is evolving
• Sweep — A prediction market for your favorite streamers
• Obviously obvious (Devmons) — Gamescom 2024 had 10+ Web3 games with public booths
• Gam3s.GG — The Value of a Name
• Derby Race
• Ethgard Legends
• Karnak
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤3🔥1
Look at Gaming #403 | 08.26.2024
GM! Welcome back to another week. I'm going to keep it short here with just some headlines that caught my eye.
Steam records a 37M concurrent player count -- probably 2M of those players were from Wukong over the weekend.
Speaking of platforms, this project called Now.gg is launching an app store on Telegram for mobile games. I was speaking with a friend and they told me something that opened my mind about Telegram as a distribution channel.
Web3 games do not have a de facto distribution channel. We resort to KOLs and influencer marketing, which are the most inefficient (but sometimes high converting). We need a programmatic way to grow in web3 and Telegram could be that platform.
Lastly, there's some news about Apple not quite accepting defeat and still putting up hurdles for app developers, namely Epic Games.
App developers pay up to 30% within Apple's system but could pay up to 25% plus an installation fee per user. The math goes like this, Apple takes 10% commissions on ALL sales plus a 5% for new users for the first year plus 12% for Epic Games Store's fee. Then there's the 50 euro cents per user per year installation fee known as the Core Technology Fee.
So third-party devs are stuck between a rock and a hard place as the solution to disintermediate Apple is actually not a "viable" option.
Bonus news! Go and check out MapleStory Universe's tokenomics docs done via WEB TOONS. I read through it and it definitely earns points for creativity and ingenuity. Though some parts were harder to understand so I think conventional docs are still needed.
-----
⚡ Spotlight 🤩
Steam breaks record with 37m concurrent players across entire platform | GamesIndustry.biz
Apple roll over and allow EU users to change default browser, delete stock apps and more | PGBiz
Now.gg opens Telegram store for mobile games and AI apps | GamesBeat
Apple is still standing in the way of Epic’s app store | TheVerge
🌊 MARKET 📞
Xsolla and Savvy partner to strengthen games industry in Middle East | GamesIndustry.biz
💎 Deep Dives 🔎
5 Tactics for the Volatile PC/Console Market | DeconstructorOfFun
🎙️ Tencent vs. NetEase: The Battle of Chinese Gaming Giants | GameMakers
The Invisible $2.8b Company | KonvoyVentures
Games & Numbers (August 7 - August 23) | GameDevReports
Now.gg opens Telegram store for mobile games and AI apps | GamesBeat
Monkey King defies heavens | SuperJoostPlaylist
Malaysia’s role in Southeast Asia’s games industry growth | NikoPartners
🌈 Platforms 🏠
Apple roll over and allow EU users to change default browser, delete stock apps and more | PGBiz
Apple is still standing in the way of Epic’s app store | TheVerge
✨ Web 3⃣ + Meta 🌐
Maplestory Universe released their tokenomics via Webtoons (!!) | Nexspace
Sony Unveils Soneium: A New Blockchain | Gam3s.gg
Esports Team Complexity to Build Fan App on Sonic in Sponsorship Deal | Decrypt.gg
💲 Fundraising 🤑
Nexus Interactive Secures $2M in Seed Funding | Gam3s.gg
Soulbound raises $4M for Web3 social gaming ecosystem | GamesBeat
Mudstack raises $4M to manage assets for game devs | GamesBeat
Falcon Gate Ventures New $100 Million Fund for Web3 | Gam3s.gg
Reforged Labs secures $3.9 million for gaming ads with GenAI | PGBiz
👾 Game & Stats Releases 📊
Steam breaks record with 37m concurrent players across entire platform | GamesIndustry.biz
GM! Welcome back to another week. I'm going to keep it short here with just some headlines that caught my eye.
Steam records a 37M concurrent player count -- probably 2M of those players were from Wukong over the weekend.
Speaking of platforms, this project called Now.gg is launching an app store on Telegram for mobile games. I was speaking with a friend and they told me something that opened my mind about Telegram as a distribution channel.
Web3 games do not have a de facto distribution channel. We resort to KOLs and influencer marketing, which are the most inefficient (but sometimes high converting). We need a programmatic way to grow in web3 and Telegram could be that platform.
Lastly, there's some news about Apple not quite accepting defeat and still putting up hurdles for app developers, namely Epic Games.
App developers pay up to 30% within Apple's system but could pay up to 25% plus an installation fee per user. The math goes like this, Apple takes 10% commissions on ALL sales plus a 5% for new users for the first year plus 12% for Epic Games Store's fee. Then there's the 50 euro cents per user per year installation fee known as the Core Technology Fee.
So third-party devs are stuck between a rock and a hard place as the solution to disintermediate Apple is actually not a "viable" option.
Bonus news! Go and check out MapleStory Universe's tokenomics docs done via WEB TOONS. I read through it and it definitely earns points for creativity and ingenuity. Though some parts were harder to understand so I think conventional docs are still needed.
-----
Steam breaks record with 37m concurrent players across entire platform | GamesIndustry.biz
Apple roll over and allow EU users to change default browser, delete stock apps and more | PGBiz
Now.gg opens Telegram store for mobile games and AI apps | GamesBeat
Apple is still standing in the way of Epic’s app store | TheVerge
Xsolla and Savvy partner to strengthen games industry in Middle East | GamesIndustry.biz
5 Tactics for the Volatile PC/Console Market | DeconstructorOfFun
🎙️ Tencent vs. NetEase: The Battle of Chinese Gaming Giants | GameMakers
The Invisible $2.8b Company | KonvoyVentures
Games & Numbers (August 7 - August 23) | GameDevReports
Now.gg opens Telegram store for mobile games and AI apps | GamesBeat
Monkey King defies heavens | SuperJoostPlaylist
Malaysia’s role in Southeast Asia’s games industry growth | NikoPartners
Apple roll over and allow EU users to change default browser, delete stock apps and more | PGBiz
Apple is still standing in the way of Epic’s app store | TheVerge
Maplestory Universe released their tokenomics via Webtoons (!!) | Nexspace
Sony Unveils Soneium: A New Blockchain | Gam3s.gg
Esports Team Complexity to Build Fan App on Sonic in Sponsorship Deal | Decrypt.gg
Nexus Interactive Secures $2M in Seed Funding | Gam3s.gg
Soulbound raises $4M for Web3 social gaming ecosystem | GamesBeat
Mudstack raises $4M to manage assets for game devs | GamesBeat
Falcon Gate Ventures New $100 Million Fund for Web3 | Gam3s.gg
Reforged Labs secures $3.9 million for gaming ads with GenAI | PGBiz
Steam breaks record with 37m concurrent players across entire platform | GamesIndustry.biz
Please open Telegram to view this post
VIEW IN TELEGRAM
GamesIndustry.biz
Steam breaks record with 37m concurrent players across entire platform
Steam reached just over 37 million concurrent users this weekend, breaking records for the platform.
❤6🔥1
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• Pixelmon — JOIN
• Ragnarok: Monster World — CLAIM
• Radiant — SIGN UP
• Today the Game — JOIN
• Axie Infinity — Revamped App.Axie Dashboard is LIVE & Launched Origins Season 10
• Catizen — $HSK to be meow-dropped soon to Catizens
• Aavegotchi — Revealed Grid Gladiator Demo, an Aavegotchi-themed roguelike deck-builder
• Illuvium — Rolled out update that fixes Minting issue bug on Illuvidex
• Haunted Space — Released Season 5
• Call Of The VoYd — Genesis VoYd Hearts NFT public sale is now live
• Etherscape — Released Whitepaper
• Messari — Web3 Gaming Q2 2024: The Bloodbath Continues But Bloodbaths often lead to Beautiful Destinatinations (Colleen Sullivan)
• Wolves DAO — Accurately Gauging the Success of Web3 Gaming: Overcoming Data Challenges and Bridging East-West Insights
• Sinjin (MAYG) — Why you can't just slap on tokens to a successful web2 game and make it work in web3
• Sreeram Kannan (Eigen Layer) — Consumer app for playing on-chain verifiable gaming tournaments for existing major server-side games
• Noah Bragg — Building an on-chain, mobile game built on Farcaster social graph & Base
• Arto (Tribo Games) — Game design isn't only about adding: Figuring out what to remove can lead to big wins
• Doubl3Tap — Episode 27: Alex Paley (Faraway)
• Good Game Pod — Top Trends in Crypto VC with Delphi Digital
• Trial Xtreme — Raised $11m extension round led by Blockchain Capital & Merit Circle to continue development on their esports title, Trial Xtreme Freedom
• Playable Tokens
• BInders
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤6
Forwarded from thecoreloop.gg — Web3 [SUNSET]
Please open Telegram to view this post
VIEW IN TELEGRAM
❤6🔥2👀1
❤9🔥2
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• Hamster Kombat — LISTING
• Pixelmon — STAKE
• Counter Fire — PARTICIPATE
• Runiverse — REOPENING
• METALCORE — PLAY
• Kaia — Kakao's Klatyn & Line's Finschia Blockchains Merge to create Kaia to compete with TON
• D20 Labs — Announced that they have acquired all products & assets under Sugartown from Zynga
• CryptoKitties — Released Open Edition NFT Mint for ckatzegg (Seems there is a new game coming on Flow blockchain)
• Immutable X — Signed official partnership with Netmarble to bring Ni no Kuni & other flagship titles to Web3
• Axie Infinity — Passive Adventure Update for Homeland (September 4)
• Soulbound — Ability Frenzy Update 4.33.16
• Blast Royale — Launched Beta Season 11
• Uncharted — Released their new title, Fishing Frenzy
• Today the Game — Mythic Seed NFT Supply will be 5,555
• Paragons DAO — Introduced Prompt points (Additional reward for $PDT Stakers)
• De:Lithe Last Memories — Topped iOS & Google App Stores in Japan
• Josh Lu (a16z) — Lessons from spending >$1B in marketing from Gabriel Leydon's talk at a16z SPEEDRUN
• Arto (Tribo Games) — Crypto game monetization will go thru some major growing pains
• Runiverse — Footprint Analytics Dashboard
• lordOfAFew (Loot Realms) — Dojo webapps can be turned into native TG apps w/ cartridge controller (Distribution channel for FOCGs!)
• Garga.eth (Yuga Labs) — New division in Yuga (Workshop) will be rolling out the first set of products on ApeChain
• John Patten (Treasure DAO) — Infomon is one of the weirdest/most interesting projects as of late
• Obviously obvious (Devmons GG) — Web3 gaming after Gamescom 2024
• Vetemor — Alleged Illuvium developer has come forward anonymously as a whistleblower revealing why the project is failing
• natealex — Creating a simple mass multiplayer crypto game with no associated NFTs
• Aethir — The Future of Cloud Gaming powered by Aethir
• Infomon — Player Guide for Closed Test Party
• MUD — Introduced World Explorer, making inspecting & interacting with world in MUD more intuitive & efficient
• Wizzwoods — Unveiled the Whitepaper for their SocialFi pixel farming game
• Seeker — $DMT price performance will depend on how well Sankoscape does
• 1mpal — Story of 111%: From Nine Failures to Dreaming of Korea's Supercell
• Naavik — Emergency Pod: SEC vs OpenSea
• Deconstructor of Fun — TWIG #297: Gamescom Confidential, Why Steam ain't Blocked by China and the TRUTH about Tim Hortons
• Gam3s.GG — Power to the Players
• FaZe — FaZe Banks explains how Crypto gaming will change the world
• MetaCene — Raised a new funding round from Galaxy Interactive, Gam3Gril Ventures, Sebastien Borget (Sandbox), GiulioX (Pixelmon) and other angels
• Spyre
• Bimon
• MERV
• Aolotto
• D20 Labs
• Cat Battle
• Reloader.gg
• Kyzen
• Play Solana
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤3👍2
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• STEPN — TRY
• Bored Ape Yacht Club — PREDOWNLOAD
• Crypto Kitties — JOIN
• SuiPlay — PREORDER
• Soccerverse — TRY
• Zynga — Exited its web3 project Sugartown, selling all assets to D20 (Ex-Zynga Web3 team)
• Metacene — Launching $MAK as live circulating currency (Sept 10)
• Forgotten Runiverse — New Foundations Update, New Dungeon (Pyramid) and Open Beta extension to Sept 12
• Catizen — $CATI Spot Listing on ByBit (Sept 20)
• Tatsumeeko — Pre Beta Preview #2 is live (Check email)
• Off the Grid — Apply to be a Pioneer
• 77 Bit — Releasing Fall 2024?
• Crypto: The Game — New Season Coming?
• Spellborne — Unveiled Stellar Pass
• Ronin — Relaunched Bridge
• Chat Royale — Releasing Beta this September
• Matthew Ball — OnlyFans P&L (2019 - 2023)
• Dhrumil (Biomes) — Autonomous World Triangle & how it works in Biomes
• Plotchy (Nascent) — Onchain games will reward those that gather perfect information & know how to use it
• Raschel — Haiku: Winner of Dojo Residency Game Jam 2024
• Halfwish — How has Halfwish, an original PVP Roguelite card game, solved the issues of the genre such as netdecking and uncontrollable RNG?
• Rev0 (Voya Games) — How I sold my gaming company for $160m & became a co-founder at Angry Dynomites Lab
• 1mpal — Retention is Undervalued in Web3 Gaming
• Onchain Summit — Geist Network: Based Members-Only Gaming L3s
• Doubl3Tap — Episode 28: Henri Stern (Privy)
• HELIX — August Update
• The Block Podcasts — The Crypto Beat Episode 2: Telegram Games
• Gam3s.GG — Asia Loves Web3
• GameSpot — How to Spot Dealbreaker Red Flags in Co-Founders before its too late
• PLAYTRON — Announced investment from Square Enix to help expand distribution & access to next-gen gaming
• Live Bet
• Homies
• FunHub
• Luster Labs
• Bunny Battle
• XPLUS
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤4👍3
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• NEON Runners —
• MetalCore —
• Paradise Tycoon —
• Champions Tactics — Open Beta (Sept 18 - 23)
• Elixir DAO — Proposing to burn 1% of $ELIX supply (~$250k+) to celebrate staking launch
• Guild of Guardians — Reached 1m downloads on mobile
• Onchain Heroes — Announced that the launch of their idle RPG will be delayed to Q4 2024
• Axie Infinity — August SLP Stability Fund Update
• Biomes — Realtime beta coming soon
• Frenpet — Gas sponsoring soon
• Aurory — Planning to launch a Seekers of Tokane Pre-Release mobile build
• Ballies Universe — Launching Ballies Universe on Sphere (Collection on IMX zkEVM)
• TON Ventures — Driving the first 50k users to your Telegram Mini App
• Arto (Tribo Games) — F2P games offer lessons for Web3
• Andrea Chang (Oak Grove Ventures) — What has Telegram done right leading TON's growth (Web2 & Web3 Case Study)
• taylor — DOT is now part of a16z Crypto CSX 2024 cohort
• Ahri — Weekly Patch Notes 2
• Delphinus Lab — zkWASM, Mini-Rollup and the Future of Web3 Gaming
• IcoBeast — Potential GRAPES soft rug
• Catizen — All about $BOMBIE
• Wu Blockchain — Binance Labs Roundtable: How should Blockchain Games respond to criticism of Black Myth: Wukong
• Scenius Studio — Episode 48: Folius, Jason Kam (Web3 pull in China, How telegram tracks against WeChat, Folius' bet on Catizen & development of the TG app ecosystem and more)
• Blockchain Gaming World — Building fully onchain games with Cartridge
• GameSpot — The Secret Ingredients to a Successful Token Launch
• Deconstructor of Fun — Top 3 Mistakes Gaming Startups Make: According to the VCs
• Moku — Announced $5.35m investment round led by Sky Mavis & a16z Speedrun together with Arca, Framework and 32-Bit Ventures
• VectorShift — Announced fundraising round from Delphi Ventures & 32-Bit Ventures
• CASTILE — Announced $8m fundraising round led by SevenX Ventures
• EVE Frontier
• DOT
• Ballies
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤6
Forwarded from thecoreloop.gg — Web3 [SUNSET]
• Mystery Society — Launched their P2A campaign. Play via themysterysociety.xyz
• GOAT Gaming — Launched new game beta, To The Moon. Try via t.me/goatgamingbot
• METALCORE — Season 1 Launch (September 13, 6PM ET)
• DUPER — Hosting Private meetup to play unreleased version during Token2049 (September 19)
• Last Memories — $GEEK listing on Exchanges (September 26) and airdrop (September 27)
• Pirate Nation — Signups are back (via form now)
• D20 Labs (Sugartown) — Announced Royal Nutz Poker Club, a social casino poker game built on Base
• Oscar (Wolves DAO) — How important is AL/WL Distribution for NFT Mints
• 1mpal — Uncomfortable truth behind Korea's Web3 Gaming
• STEPN GO — September Townhall Recap
• GAM3S.GG — Women in Web3
• a16z Games — The Secret Behind Blizzard's Success | Allen Adham, Co-Founder of Blizzard
• Naavik — How to bring brands to Roblox
• Black Block — Announced their $1.4m fundraising round led by Delphi Ventures to continue developing The Sprawl, a systematic sandbox MMO
• Balance Games — Raised a total of $30m across 2 funding rounds led by a16z & Galaxy Interactive to launch Balance.fun, an AI-powered blockchain experience platform
• Orange Cap Games — Announced their $2m pre-seed angel round to develop a trading card game featuring Pudgy Penguins IP
• Balance Games
• Coke
• Slingshot Gamers
• Somnis
• Royal Nutz Poker Club
hope helpful wuwu
Please open Telegram to view this post
VIEW IN TELEGRAM
❤5👍1👀1
TheCoreLoop: Token2049 Playlist — Link
List of all gaming side events for Token2049/Breakpoint week!
Drop a DM if you'll be around to meet @kapital_k🏃♂️
List of all gaming side events for Token2049/Breakpoint week!
Drop a DM if you'll be around to meet @kapital_k
Please open Telegram to view this post
VIEW IN TELEGRAM
❤7🙏3💯2
Forwarded from thecoreloop.gg — Web3 [SUNSET]
Tatsumeeko launches Season 2: Lumina Hunt — Source
https://t.me/luminahuntbot?start=932662602
Invite friends, rank up and stack vabloons for $TATSU
https://t.me/luminahuntbot?start=932662602
❤4🔥3
Forwarded from thecoreloop.gg — Web3 [SUNSET]
a16z — Why Web Gaming Died, and How It's Coming Back
Web gaming, once popular in the early 2000s, declined with the rise of mobile gaming but with tech advancements and new distribution channels, is poised for a comeback. The next generation of web3 games will offer improved accessibility & performance, niches that mobile & PC gaming don't fully address — Read More
Substack
Why Web Gaming Died, And How It’s Coming Back
Web gaming is no longer limited to the browser. This week we examine whether the door has been opened for a web gaming renaissance.
❤6