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Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games.
Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury.
Finding a sustainable GameFi model is still challenging, as user experience ranks at the top of industry concerns.
It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior.
DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000.
The numbers represent a 74% decrease from peak levels witnessed just ten months ago.
Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses.
The executives say traditional jobs are increasingly at risk through factors such as automation, but GameFi can provide a viable alternative to earn a wage.
To attract more users and make blockchain gaming more mainstream, Kevin Shao says future titles should find a “balance” between and accommodate different users’ tastes.