Solana Labs has launched a beta for GameShift, a platform that makes it easier for game developers to create blockchain games.
12.10.2023 - 13:43 / venturebeat.com / Space
Back in July, Hexacore raised $3.5 million to propel the high-quality Web3 mobile games that have potential to scale to big audiences such as the upcoming space fantasy Pocket Space.
Now the Dubai-based startup is getting to work developing its flagship Web3 mobile game. The funding round was led by Scalo Technologies, a tech venture company based in Dubai, and supported by Xsolla, Estoty, and other angel investors.
“Pocket Space is an ambitious project inspired by various titles like My Little Universe, Brawl Stars,” said Mikita Khazau, CEO of Hexacore, in an interview with GamesBeat. “The game features a universe of planets, each hosting a variety of game modes. These planets are also NFTs, owned by players. The asset ownership mechanics revolve around in-game currency and commissions for the planet owners, creating a unique economic ecosystem.”
Hexacore sees mobile Web3 games becoming the gateway for new Web3 users, driven by the
growing adoption of crypto wallets on smartphones, attracting investors and fostering innovation in
gaming worldwide.
GamesBeat Next 2023
Join the GamesBeat community in San Francisco this October 23-24. You’ll hear from the brightest minds within the gaming industry on latest developments and their take on the future of gaming.
“Newer generations are increasingly facing attention deficit issues, which lead to incredible user
retention problems,” Khazau. “We aim to tackle this firstly by embedding our game IP across multiple
platforms and media. The IP of your game should be everywhere, not just on smartphones and
social networks, but also in cartoons, books, toys, clothing, on the streets, and even billboards.”
He added, “Then you have a higher likelihood that users will stick with you for the long term. In addition,
strong community engagement will be another vital tool in retaining our players, so we are focusing
on community to provide a strong sense of belonging to a specific circle of people.”
Hexacore develops and publishes mobile games. At previous a previous company, Apps Hub, the team achieved over 350 million downloads with popular titles such as Sushi Roll, Blend It 3D, and Merge Animals. Their hypercasual game company generated $14 million in revenue.
And now they’re back with something new. Mikita Khazau started the new company, Hexacore, in 2022 with Dzianis Krupski and Yuri Zaytsev. Aleksandr Krivolap also helped set up the firm. They had experience with the Ukrainian mobile game developer, PandaPlay.
The investment from July will support the expansion of Hexacore’s team and drive the development of their hybrid monetization model for mobile games, incorporating in-app purchases, non-fungible token (NFT) collectibles, and rewarded ads.
The company aims to leverage
Solana Labs has launched a beta for GameShift, a platform that makes it easier for game developers to create blockchain games.
Atari has agreed to buy classic video game maker Digital Eclipse for up to $20 million in cash and stock.
Saga, a Layer-1 blockchain protocol and developer ecosystem for Web3 games, has officially launched its incentivized testnet Pegasus.
Playbite has raised $1 million to bring back the magic of arcades on mobile gaming devices.
In a quest to expand metaverse gaming, Animoca Brands has announced the acquisition of Web3 streaming platform Azarus.
Moonveil Entertainment has raised $5.4 million for multiplayer mobile games using blockchain technology.
Upon booting up Marvel’s Spider-Man 2, I did what any self-respecting New Yorker would do: I beelined it toward my favorite part of the city as soon as possible, to see how Insomniac Games had recreated the locale. In my case, this meant veering toward South Brooklyn, even as Sandman was wreaking havoc on the infrastructure of Manhattan’s Financial District. However, as I swung beneath the gothic arches of Brooklyn Bridge, the better to glimpse the steel girders and stevedore cranes of Red Hook from a distance, the vista confirmed what I had feared deep down: My favorite neighborhood wasn’t even there.
Harmony Games has raised $3 million in seed round funding for mobile games such as Tiles Delight.
California’s DMV is suspending Cruise’s permit to test self-driving cars in the state over concerns the vehicles pose a risk to public safety.
In case you’ve somehow missed it, GamesBeat is holding its Next event early next week in San Francisco. As always, I’ll be there, probably in a costume of some kind, to participate. If you’re interested in seeing what the future of games looks like and what some of the most interesting new ideas in the industry are shaping into, then come and join us! I’ll be moderating the Women in Gaming breakfast panel with several exceptional women in the industry, as well as a panel on mixed reality ahead of the Apple Vision Pro. Registration is still open here.
Upland has raised $7 million in funding for its virtual land metaverse based on Web3 technology.
Noodle Cat Games has raised $12 Million in funding to bring fresh ideas to the action role-playing game genre.