Features News TheBitTimes.com

Griffin Gaming Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay. On June 8, HyperPlay — a Web3-native game launcher — said it closed its Series A funding round after raising $12 million from investors, including co-leaders Griffin Gaming Partners and Bitkraft Ventures.  Other investors include MetaMask’s parent company ConsenSys, Ethereal Ventures, Delphi, Game7, Mirana Ventures and Monoceros Ventures. HyperPlay, which was established in November 2022 by MetaMask and Game7 DAO, says its platform tackles the Web3 gaming interoperability challenge “head-on,” providing interoperability for Web3 gaming, and allowing developers to work without being bound by centralized entities like Apple, Google and Steam. The platform says it aims to enable interoperability across all Web3 games through a wallet overlay on top of games that allows players to carry their MetaMask wallet inside native or browser-based games. HyperPlay’s g...

Asia Pacific is leading the charge in the rapidly growing Web3 gaming sector, with regional gaming companies pushing for the global adoption of blockchain-based games. The Web3 gaming sector is growing fast, accounting for half of the entire blockchain industry in terms of on-chain activity. Asia Pacific is leading the trend, with China alone having over 700 million players ready to adopt blockchain-based games. Asia has the potential to become the driving force behind the global adoption of Web3 games in the coming years. Today, almost two-thirds of the largest gaming companies in the world are from China, Japan and South Korea. Source: Xangle Asia Pacific’s dominance is already spreading across Web3 gaming, with Animoca Brands and Sky Mavis — the developers of The Sandbox and Axie Infinity — being leading players of this emerging trend. Asian companies heading overseas Many Asian companies are exploring overseas markets to stimulate the global adoption of Web3 gaming. One of them is...