The new investment money will be used along with a previous seed round to continue to develop Web3 ambitions

Animoca Brands has announced that it has now entered into a Membership Interest Purchase Agreement to acquire WePlay Media Holdings.

The FaZe Clan, the media gaming platform and lifestyle brand, has announced a new strategic partnership with the virtual gaming world – The Sandbox.

The first in-game NFTs have been minted on Efinity with the launch of the MetaHome NFT collection, immediately usable in MyMetaverse’s full suite of games.

Sky Mavis, the developer behind Axie Infinity, has announced the creation of a new $2.4 million esports grant.

Animoca Brands has successfully closed its strategic funding round of $110 million. Hosting new investors like Temasek, Boyu and GGV Capital, the funding round was made possible through the issuance of convertible notes to a small number of institutional investors.

UPLAY Online, the Barcelona-based game developer, has announced that it is working its way into web 3 with a new strategic partnership with the NFT platform – Freeverse.

Billed as the worlds first NFT-powered P2E sports prediction game, Hellebore aims to bring players all the excitement of sports, with the accessibility of lower-cost NFTs.

Nifty’s, the platform for supporting brands and creators to launch engagement-driven NFTs, has taken its previous step to go multichain further this week.

The web3 video and live streaming platform – Stacked – has successfully managed to raise $12.9 million during its Series A funding round.