King River Capital's $100M Fund, Portal's $PORTAL Staking, Ronin's Coinbase Listing

GM. This is the Wise Dog, the best source for web3 gaming news. We curate all the latest crypto gaming news, so you have more time to farm.

Never financial advice.

MARKET REVIEW

_{* Cryptocurrency data as of 5:00 AM ET 22nd March}

CRYPTO GAMING HEADLINES

($IMX) King River Capital is set to launch the $100 million Inevitable Games Fund, with the assistance of Immutable and Polygon Labs. The Fund aims to leverage the deep insights and resources of the Web3 gaming giants to identify high-growth opportunities for investors.

($PORTAL) Portal Gaming Platform Launches $PORTAL Staking: Users can now stake $PORTAL tokens to access exclusive benefits and enhance their gaming experience on the Portal Gaming platform.

($RON) Ronin Gets Listed on Coinbase: This listing marks a significant milestone for Ronin, the fastest-growing gaming blockchain, as it partners with the US's largest exchange, Coinbase.

HyperPlay, a Web3 Gaming Store, has received strategic investment funding from gaming giants Square Enix. This sees their NFT game, Symbiogenesis, added to the store's lineup.

($LITT) Elixir Games & LitLabs have announced LITT token integration for popular gaming titles Tinies and No Way Back. After the official launch of the Elixir Launchpad and Incubation Program later in 2024, all future games backed by Elixir will integrate the LITT token.

($SUPER) SuperVerse Partners with WilderWorld for Metaverse Development: The collaboration aims to bring cutting-edge graphics and new growth opportunities to SUPER token holders and WilderWorld enthusiasts.

($SAND) Sandbox's Game Maker 0.9 is now available for download. This update provides creators with more tools, enhancing possibilities and improving efficiency.

($XAI) Xai announces a strategic partnership with the Media Indie Exchange (MIX). They plan to launch more than 100 games on the layer-3 Xai network before the end of 2024.

Notcoin reveals that over 30 million players have joined, hitting a peak of 5 million daily players on Wednesday. The clicker game, built into the messaging app Telegram, continues to gain traction ahead of its planned token airdrop.

($IMX) Immutable's Guild of Guardians Set for Worldwide Launch: The mobile Ethereum RPG, featuring on-chain crafting and Web3 integration, targets RPG fans and crypto gamers for its May global release.

($IMX) Immutable X and OKX Team Up to Expand GameFi: This partnership focuses on making gaming experiences and NFTs accessible to millions globally, broadening the reach of GameFi and web3 gaming.

Saga Network teases the launch of their mainnet scheduled for April 2024. This coincides with the creation of the first layer-1 game publisher, called Saga Origins.

Antler Interactive has unveiled its new Web3 fantasy RPG, Cloudborn. The Swedish game developer is leveraging generative AI to enhance its interactive tutorials, which will adapt to the player's own pace.

($GALA) The team at VOX has announced the upcoming Project Cerberus. After canceling Project Plutus, the team has shifted their vision on how to implement 33k unique VOX NFTs available for use in a game, and they will continue to provide updates.

($ARB) InfiniGods Moves to Arbitrum to Accelerate Blockchain Gaming: By partnering with Arbitrum, InfiniGods aims to speed up the adoption of mobile gaming with advanced technology and community support.

OTHER CRYPTO HEADLINES

Cryptopunk #7804 has sold for $16.42 million, making it the second most expensive NFT sold in the collection. This transaction represents more than three-quarters of the $21.45 million trading volume from the previous month for the entire Cryptopunks NFT collection.

($AVAX) Avalanche Launches $1M 'Meme Coin Rush' to Diversify DeFi: The Avalanche Foundation initiates a liquidity mining program aimed at enhancing the meme coin ecosystem.

BlackRock Launches Ethereum-based Fund: With its move into tokenization and strategic investments in Securitize, BlackRock showcases traditional finance's growing interest in blockchain.

($DOT) Polkadot Introduces PINK Meme Coin: The fair launch model of PINK Meme Coin highlights Polkadot's commitment to equitable distribution and the synergy between crypto and gaming.

($XLM) The Stellar Development Foundation has announced that Soroban, the smart contracts platform on Stellar, is now live. Additionally, the SDF has committed to investing $100 million into projects leveraging the network's smart contract capabilities.

($SLERF) The founder of Jupiter Exchange has announced that they will be donating current and ongoing SLERF limit order & DCA fees to $SLERF presale participants. This comes after the founder of the Meme token accidentally burned the liquidity pool and tokens reserved for airdrops.

($MATIC) Polygon announces that Phase I of the native $USDC migration on Polygon PoS has begun. The ecosystem-wide push targeting the full transition from the bridged USDC.e to native USDC aims to create a smoother and more integrated experience for both users and developers.

($MATIC) Polygon Labs has paid Starbucks a $4 million grant as part of their 2022 deal to build an NFT-powered loyalty program. The program, labeled "Starbucks Odyssey," is now being shuttered.

The General Manager of Robinhood Wallet has announced that it will now be made available to Android users. This expansion will allow Android users to have control over their digital assets, swap tokens on decentralized networks, and send and receive crypto.

PROJECT SPOTLIGHT

IMMUTABLE $IMX

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_{Important Disclaimer: This content is for informational purposes only and should not be considered financial advice. Accuracy not guaranteed. Always do your own research before making any trades.}