A Epic Q1 2023 for Web3!!!

Ronin’s Epic Comeback Story | Blocklords Coming to Polygon | Mobox Reveals Future Plans & More! 

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Q1 2023 has been epic! 

We have witnessed some of the most anticipated games from last year and most of them exceeded our expectations. Further, we saw the influx of talent and capital into Web3 gaming continue to grow. 

What was even more surprising is the quick transition of Web2 gaming studios to Web3. Many big names are now actively building games in Web3. And each one looks more promising than the other. 

Furthermore, we also saw some of the biggest partnerships in the space involving Polygon, Avalanche, and other gaming partners. So Q1 2023 is one for the books for crypto space and Web3 gaming. 

In this newsletter, we are going to cover an epic comeback story of Ronin and share the latest game and ecosystem updates. Let’s get started! 

Ronin’s Comeback Story

This Ethereum sidechain powered the wildly popular Axie Infinity play-to-earn game, and during the bull run of 2021, it was the talk of the town.

With over a million daily active users and a market cap of $10 billion, Ronin was processing four times more transactions than Ethereum itself. It was a force to be reckoned with, a titan among sidechains.

But alas, every hero has their kryptonite. In March of 2022, Ronin was hacked for a whopping $625 million, the largest blockchain network hack in history. The culprits? None other than the notorious North Korean hacker group Lazarus.

This devastating blow left Ronin's parent company, Sky Mavis, with a choice: give up or come back stronger. And what do we love more than a good comeback story?

Sky Mavis opted for the latter and set their sights on breaking the centralization that had made them vulnerable. 

The solution? A switch to the Delegated Proof of Stake (DPoS) consensus model, allowing users to stake RON, Ronin's native token, earn more tokens, and secure the network by appointing validators.

In addition, Ronin is going beyond Axie Infinity by onboarding five new gaming studios. 

These studios will create a variety of games, starting with The Machines Arena that is now in closed beta. 

By adding new IP, Sky Mavis is creating an ecosystem of diverse gaming experiences on the blockchain.

Games Updates :-

Echoes of Empires announces playtest plans: 

Echoes of Empire, a multiplayer space-based strategy game from the Gala portfolio, plans to have a gameplay test in April and announces the official launch date for their beta. The playtest, which will feature improvements and combat, will only be available to Celestial Claim NFT owners. These NFTs allow players to establish mines and harvest resources, and they are currently only available on secondary markets.

WAGMI Defense is open for pre-registrations: 

WAGMI Defense is a mobile game that blends deck-building with auto-battling and includes web3 features such as NFTs and a play-to-earn economy. The game is the first in a franchise by WAGMI games and is available for pre-registration on both Android and iOS. Immutable X will provide in-app purchases payable with fiat or cryptocurrency, making it accessible to both web2 and web3 players.

Mobox reveals future plans after celebrating 2-year anniversary:

Mobox reveals their plans for version 2.0 of their web3 ecosystem, which includes branching to additional chains, expanding the MoMoverse, improving avatars, and adding three new games, including an MMO. They have grown from a gamified DeFi system to a multiplayer world and are now announcing even bigger plans for 2023.

Tearing Spaces sells out genesis NFTs:

Tearing Spaces, an upcoming MOBA game, is offered a free mint for their Genesis Celestial PFP NFTs as part of the Mint Madness promotion by Magic Eden. The NFTs provide early game access, future airdrops, better earnings from token staking, and free access to in-game tournaments and special events.

Ecosystem Updates :-

Gaming incubator Seedify launches ChainGPT:

ChainGPT is an AI chat bot for blockchain-related utility. It is trained on a large dataset of text related to crypto and blockchain technology, making it capable of answering questions and providing updates on the industry. ChainGPT can also assist with programming tasks, provide smart-contract generation and auditing, advanced AI trading, and blockchain analytics.

Cross the Ages reveals new cinematic trailer:

A new gameplay trailer is out for Cross the Ages, showcasing the new characters and quests. The game is available to play in a closed beta and will officially launch soon. 

Blocklords is coming to Polygon:

MetaKing Studios has partnered with Polygon Labs to use its Ethereum Layer-2 scaling solutions for the upcoming launch of Blocklords, a medieval strategy game. The game allows players to become rulers and warlords by engaging in tactical battles, and features a dynastic inheritance system. With 265,000 registered users, Blocklords is expected to launch later this year.

Hathora raises $7.6 million:

The gaming industry is booming and online multiplayer games are in high demand. However, building and launching successful multiplayer games is a challenging endeavor due to technical hurdles, especially in infrastructure tech. Hathora aims to democratize multiplayer game development by launching the first serverless offering for multiplayer games, which drastically reduces the time and cost to build and operate such games, ultimately unlocking the supply side to meet the consumer demand.