Web3 gaming 2024 "wrapped"

GAMING CHRONICLES 100

Gaming Chronicles focuses on curating the latest web3 gaming news, every week.

You will find the latest news, educational content, and game reviews.

Arbitrum, a gaming ecosystem with titles such as King of Destiny, Seraph, Pirate Nation, and Mighty Action Heroes, brings this newsletter.

Recently, Arbitrum introduced Trailblazer, a $1M fund to support AI experiments on Arbitrum.

🗞️ NEWS

Welcome to GC News #100. A special edition newsletter that compiles 100+ of the largest announcements of the past year.

Note: I am sure we forgot a couple of big announcements, however, this will cover 90% of everything important in Web3 gaming 2024.

JANUARY

• ArenaX Labs (now ARC Agents) raises $6M in a round led by Framework

• Forgotten Playland raises $7M in a round led by Merit Circle and others

• Army of Fortune raised an additional $3M in funding led by Animoca (RIP)

• Unagi Studios announced they’re the company behind Persona

• Farcana raised a $10M funding round

• The GAMEE token from GMEE suffers a $15M exploit

• Axie introduces an SLP supply cap, buyback fund, and deflation-targeting

FEBRUARY

• Pixelmon raises $8M in a round from Animoca, Delphi, and others

• RON gets listed on Binance

• Off the Grid makes its first appearance in the XBOX Store

• Invite to Mystery raises $3M in a Seed round from Shima, Sfermion, etc.

• Arbitrum introduced its Gaming Catalyst Program

• Pixels PIXEL token gets listed on Binance

• Ultiverse closes a strategic investment round, raising $4M

• Helika successfully raises $8M in a Series A led by Pantera Capital

• Proof of Play introduces its Multichain

MARCH

• Chronoforge closes a strategic round, raising $3M

• The XBORG token sale shows $10M in presale interest

• Ready Games closes a $4M funding round led by Delphi and Momentum

• MapleStory Universe migrates from Polygon to Avalanche

• GuildFi teases a new beginning with Zentry

• Immutable, King River, and Poygon launch the $100M Inevitable Games Fund

• Madworld raises $11M in a round led by Com2Us

• Endless Clouds raises an additional $1.75M

• Crystalfall (formerly Naramunz) raises $1.5M in a seed round

• Gunzilla Games raises $30M for Off the Grid, led by Coindfund and Avax

• GAM3S announced they raised an additional $2M in a strategic round

APRIL

• Parallel raises $35M in their latest funding round

• Illuvium closes a series A, raising an additional $12M

• AnimeChain debuts, an initiative in collaboration with Arbitrum and Azuki

• A16Z announced SPEEDRUN, a $30M accelerator for tech and game startups

• Helika Gaming announces a $50M accelerator program

• Elixir Studios announces a $14M seed round

• Blood Loop announces they secured $4M in funding

• Today the Game raises $5M in a Seed round led by Sfermion and Big Brain

• Gomble Games raises $10M in total

• Avalon raises $10M funding in a round led by BITKRAFT and Hashed

• Paradise Tycoon closes a Seed round, raising a total of $2M

• Smolbound releases its official trailer

• Infinigods raises an additional $8M in Series A funding

• GG Uncharted raises $1.7M in a Seed round led by Shima Capital

MAY

• Carv raises $10M in a Series A round, led by Tribe and IOSG Ventures

• GFAL secures $3.2M in Seed funding

• L3E7 secures $10M in funding in a round led by Spartan and SevenX

• Blade of God X received a “multimillion-dollar” investment

• Ultiverse’s Gold Chip NFT Collection sees 1250+ ETH in presale interest

• Fableborne rebrands to “Diablo meets Clash Royale”

• Bladerite raises $12M in a Seed round

• Dark Machine raises $8.7M

• Sipher announces the creation of the Ather Labs ecosystem

• Animoca Brands leads a $7M round for Param Labs

• Supervillain Labs raises $4.5M in a Seed round

• Notcoin’s NOT token launches and gets listed on Binance

JUNE

• Mythical announces a partnership with Pudgy Penguins to build a mobile game

• Zentry announced a new strategic round with Spartan, Longhash, and others

• Play AI raises $4.3M in a Seed round

• Kuroro Beast raises $2.5M in a Seed round

• Revolving Games announces they will be expanding their ecosystem

• Unite secured a $3M Seed extension

• Xociety receives $7.5M in pre-series A funding

• Beacon achieves an 80k DAU within 24 hours of its launch

• Ronin introduces Ronin zkEVM

• SonicSVM announces a $12M series A round

• GOAT gaming officially comes out of stealth

• Igloo debuts as the parent company of Pudgy Penguins and Overpass

• Fableborne introduces the Power Protocol

• Avax announces Konami is building an L1 blockchain on Avalanche

• Beacon successfully sells out its 10.000 supply WOP mint

• Midnight Society terminates its relationship with Dr. Disrespect

• Brilliant Crypto raises $10M with $212M in presale interest

JULY

• OKX announces its gaming launchpad

• Faraway announces HV-MTL x Shatterline coming in 2024

• Redacted Coin announced they raised $10M

• Cambria raises $2.5M in a Seed round led by BITKRAFT

• CARV raises a total of $50M in funding

• Soccerverse announces they raised $3.1M in a round led by Square Enix

• NPC Labs announces they raised $18M to build B3

• DraftKings discontinues Reignmakers and its NFT marketplace

• Gam3Girl Ventures debuts as a new gaming incubation fund

• Edison Metaverse raises an angel round of $2.2M

AUGUST

• DUPER raises a total of $8.7M in funding

• Cartridge secures a $7.5M Series A led by BITKRAFT

• Ronin’s bridge gets exploited for a second time (no funds lost)

• OKX Ventures and Aptos announced a new $10M fund

• Wild Forest closes a strategic round of $1.4M led by L1D

• Off the Grid launches on PS5

• Auto Legends raises $8M

• Aavegotchi introduces Geist, a new L3

• Nexus (now NXI) raises $2M in an oversubscribed seed round

• Ico Beast publishes his expose of Dimensionals RPG

• Trial Extreme raises a total of $24M

• MapleStory Universe revealed Nexpace Protocol and its NXPC token

• Sony announces they’re building a blockchain: Soneium

SEPTEMBER

• Double Jump Tokyo raises $10M in a Series D

• Crypto Unicorns sunsets its core game

• NFL Rivals achieves the milestone of 5M downloads

• Zynga divests from Sugartown and gets acquired by the existing team

• Moku raises $5.35M in a round led by SkyMavis and A16Z

• The Grapes gets acquired by a “passive, but passionate investor”

• Gala Games’ lawsuit against Spider Tanks gets dismissed

• Jihoz receives an honorary doctorate from UNESCO and CAEIN

• EVE Online reveals its Web3 title is going to be named EVE Frontier

• Claynosaurz announced they’re building a game in partnership with Gameloft

• Super Champs announces the Super Champs Chain

• 7 new games join the Ronin Network, through Ronin Forge

• Smolbound raises $6M in an oversubscribed seed round led by BITKRAFT

OCTOBER

• Delphi Ventures makes its largest gaming investment ever in Gunzilla Games

• Avalanche announces its Retro9000 grants program

• Off the Grid partners with major gaming streamers for its launch

• XPLA and Aethir launch a $10M grant fund for AI-powered games and Dapps

• Azra Games raises $42.7M in a Series A

• Soneium announces the winners of its Spark incubation program

• Aethir announces a $100M ecosystem fund to support gaming and AI

• Pip World raises $10M in a Seed round

• XBORG pulls off a successful DEX-first launch

• Saakuru partners with Memecore to launch a $10M gaming x memes fund

• Sparkball raises $2M in a round led by L1D

• Party Icons raises $9M in a private round led by BITKRAFT

• Uprising announces they will focus on publishing, not building an L2

NOVEMBER

• PARAVOX closes a $4.5M Seed round

• Pixels pushes further to create a sustainable P2E network

• Alliance Games raises $5M in a Series A

• Mythical Games reveals they’re building Pudgy Party

• Fableborne migrates to Ronin

• BreederDAO evolves into Sovrun with a new vision

• Fableborne introduces its POWER token and releases a litepaper

• Karrat announces its own studio-publishing chain

• Play Ventures raises $140M

• Infinigods raises an additional $1.3M in a strategic angel round

• E4C: Final Salvation announces they raised $10M in total funding

• YGG introduces onchain guilds on Base

• Mythical Games announces they will be building FIFA Rivals

• KGen raises $10M in ecosystem funding led by Aptos

• Ronin announces they’re going permissionless in Q1 2025

• Parallel announces the PRIME Chain in partnership with B3

• The GAM3S Awards happen, with Off the Grid being the game of the year

• Project O comes out of stealth - Koin Games reveals a complete pivot

• Gunzilla Games welcomes Coinbase Ventures as a new investor

DECEMBER

• XAI introduces tiny Sentry Keys

• Playgama raises $3M in a round led by TOP and S16vc

• Axie Infinity introduces the Axie Adoption Center

• Overworld and Rough House Games announce REACH

• King of Destiny generates $500K+ in revenue during its 2nd P2A campaign

• Fableborne generates $500K+ in revenue during its 3rd P2A season

• BEAM has its biggest announcement to date

• Hytopia ditches the Minecraft client and continues with its own infra

• Aethir launches a $40M AI investment vehicle along Beam and Metastreet

• Pudgy Penguins launches the PENGU token

• Fantasy Top raises $4.25M in a Seed Round

• Gunzilla Games partners with Delphi to create the GUNZ foundation

• Pixel Dungeons joins the Pixels ecosystem

• Open Loot announces a $150M developer fund

• Cambria launches its Core NFTs mint

• CyberKongz receives a Wells Notice from the SEC

• Treasure’s mainnet goes live

• Abstract announces its mainnet is launching in January 2025

• Ragnarok Landverse joins the Ronin Network

• Funkichain launches its mainnet

• COLISEUM announces a $2M Web3 gaming investment fund

🆕ALPHA CORNER

• Early Games: Gigaverse, Yuzu, and Carvana Studio.

Join our telegram chat for daily updates & alpha as well: https://t.me/raidenalpha

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