This week’s Crypto Biz explores the gaming industry’s renewed optimism, Binance’s first board of directors, Paradigm’s new crypto fund and how Bitcoin miners are gearing up for the halving.
Metaverses, nonfungible tokens and even play-to-earn features are still on the table for some studios. Game developer Illuvium, for instance, is working on an interconnected environment that will combine three different titles under the same experience. The platform recently raised $12 million to support the gaming launch, which is scheduled for the second quarter of 2024. “The gaming market is about to explode,” predicts Warwick.