Features TheBitTimes.com

Crowdfunding has been a popular option for game developers looking to launch projects — but as the market gets saturated, tokenization is becoming a compelling alternative. Tokenization platform Brickken is holding a competition for indie developers — allowing them to raise capital, attract a new audience of engaged player s and accelerate their projects. For years, crowdfunding has been the go-to for game builders looking to make a splash and secure investment for their big idea, and it continues to enjoy significant demand within the game industry. Statistics from Kickstarter reveal that gaming is still the most popular category for crowdfunding campaigns. A total of 80,163 projects have launched after securing $2.27 billion in investment. But gaining traction and achieving milestones has gotten more complicated as the market reaches saturation — with even the most promising titles struggling to stand head and shoulders above the competition. This is where tokenization comes into p...

Web3 venture capitalists will look to invest in blockchain gaming and collectibles projects through a new $20 million fund. A group of cryptocurrency venture investors has established a $20 million fund to invest in undervalued Web3 projects and companies focused on blockchain gaming and digital collectibles. Alpha Protocol Ventures (APV) will look to invest in a variety of projects across the Web3 ecosystem, its CEO and founder Vagelis Diamantis told Cointelegraph in an email interview. He said that gaming and collectibles will be a priority focus, while decentralized finance, layer-1 and layer-2 protocols will also fall within the scope of the fund’s capital allocation. “We will also explore projects that will try to solve real-world problems such as supply chains, data protection and infrastructure.” APV has drawn funding from Diamantis, Ethernity CEO Nick Rose, Web3 investment firm Morningstar Ventures and a group of Web3 angel investors. Diamantis, formerly the chief financial...

Twitch streamer and NFT project founder DNP3 admitted in a Twitter post that he gambled and lost investor funds. DNP3, a streamer and founder of several crypto projects like The charity-focused crypto CluCoin, The Goobers NFT and the metaverse platform Gridcraft Network has admitted to losing investor funds through gambling.  In a tweet, the nonfungible token (NFT) project founder talked about his gambling addiction and issued a public apology. I’m sorry. Read: https://t.co/RKM1wYggnC — DNP3 (@DNPthree) January 3, 2023 The Twitch streamer said that he got "incredibly addicted" to gambling in the last year. Eventually, the Twitch streamer claimed that he lost everything. He wrote:  “In addition to my own life savings, I also irresponsibly used investor funds to try and get my money back from the casino which was wrong for so many reasons.” The streamer added that he is now financially and spiritually broke. He also highlighted that his sense of trust in himself is compromi...