Gaming funding hits 94% rebound and keeps market cap steady.
- Gaming funding hits 94% rebound and keeps market cap steady
- Star Atlas announces Solana-compatible ZINK chain
- Shrapnel gets huge funding round from Gala Games and others
GameFi tokens saw mixed fortunes, with SKALE delivering triple-digit gains.
In the meantime, Web3 gamers can look forward to Holoism, a new free-to-play browser strategy game from the Star Atlas universe, launching Aug. 20 with incentives up for grabs.
Infrastructure is evolving alongside games. Immutable has opened Immutable Play to eligible titles, giving traditional games the ability to integrate crypto incentives and bridge the gap between Web2 gaming and Web3.
Here is everything that went down in GameFi this week.
Web3 gaming held its ground despite a hotter-than-expected PPI reading. The combined market cap of leading GameFi tokens was virtually unchanged, and trading volume pushed past $4 billion.
The Altcoin Season Index moved from 38 to 44 over the week, while Bitcoin dominance slipped to 58.6%.
Capital is shifting toward non-BTC assets, keeping the question alive—is the next altcoin season already cooking?
Top Gainers
Top Decliners
GameFi lagged behind other sectors as it slipped from second place on DeFiLlama’s narrative tracker. Nothing to see here, just normal rotation stuff!
The following is not an endorsement of the mentioned projects of any kind, but aims to explain some emerging GameFi projects for the benefit of our readers. None of it is financial advice.
The game features strategic gameplay with faction control, exploration, and a player-driven economy, offering a taste of Star Atlas’ space MMO experience and blockchain-based asset ownership.
Shrapnel Secures $19.5 Million in Funding
It Remains Goes Gas-Free on SKALE
What You Can Do Now
- Keep track of ZINK’s airdrop campaign to earn free tokens.
- Play the Holoism game and potentially receive incentives.
- Practice risk management as highly leveraged bets go up in smoke due to volatility.
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