The Metaverse gaming platform MOBOX announced the launch of a new buyback and destruction plan. The team stated that it will continue to use 7 million US dollars of treasury funds to ensure the value of assets over the long term through multi-platform integration, dynamic allocation and on-chain and off-chain transparency. Sustainable and fully deploy available resources. It is reported that the MOBOX platform has destroyed a total of 46,925,433 MBOX tokens through the repurchase plan since its issuance. A $1 million buyback is about to begin in this issue.

In a quest to expand metaverse gaming, Animoca Brands has announced the acquisition of Web3 streaming platform Azarus. Azarus is pioneering blockchain-based game streaming. The strategic move aims to integrate Azarus’ innovative technology into Animoca Brands‘ portfolio, further enhancing the streaming capabilities within Web3 games. The price for the acquisition of the majority stake wasn’t disclosed.

Metaverse gaming platform MOBOX tweeted that it is preparing a new token repurchase and destruction plan aimed at providing additional value to the community.

Data on the chain shows that the MEME token community pre-sale has raised 5,961 ETH (about 10.7 million US dollars), which has reached 140% of MEME’s available tokens for sale, and is still increasing. Earlier today, it was reported that Memeland launched the MEME community pre-sale and announced the token contract address.

Xai, a Layer 3 blockchain designed for video games backed by Arbitrum developer Offchain Labs, announced its Xai token economic model. The maximum total supply of Xai and esXai (staking) combined is 2.5 billion coins, of which 50.1% is allocated To the community, Sentry node operators and the Data Availability Committee (DAC), 22.4% is allocated to investors, 20% to the team, and 7.5% to the ecosystem. Xai will serve as the Xai blockchain Gas token, validator rewards and gaming ecosystem token. According to the tentative roadmap, Xai will open pioneer nodes from October to November, launch the Xai blockchain mainnet and issue Xai tokens in December.

ontinuing our/the Merit Circle DAO’s commitment to work exclusively with the most esteemed names in the web3 gaming industry, we’re excited to announce our collaboration with LayerZero to enhance interoperability within the Beam network. This integration introduces a bridge between the Beam network, and the Ethereum blockchain, enabling users to bridge their assets to the network. Additionally, the Beam SDKs will incorporate the LayerZero stack through their omnichain contracts for both fungible (OFT) and non-fungible tokens (ONFT).

Neon Machine, the Seattle-based game studio behind upcoming first-person shooter Shrapnel, has raised $20 million in Series A funding, the company announced Wednesday. Polychain Capital led the round, with Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures also participating.

Easily one of the highest-profile blockchain-powered video games on the market, the mobile title NFL Rivals is closing in on 3 million signups as revenue is on the uptick and both Apple and Google have approved its in-game marketplace, according to Mythical Games CEO John Linden. "We’re closing in on 3 million [new players]," Linden told The Block in an interview. "Since the NFL season started, we're seeing a lot more growth … we're seeing more players stick in the game. We're seeing more players engage in the game. DAUs are going up. MAUs are going up. Revenue per player is going up."

Metaverse platform HYTOPIA (formerly NFT Worlds) announced the completion of US$3 million in financing on the X platform, with Delphi Ventures leading the investment and several venture capital institutions and angel investors participating. It is reported that HYTOPIA is a game platform and engine made from scratch, integrating social functions and providing developers with a game creation toolkit inspired by Minecraft. HYTOPIA is currently building a transparent and open monetization layer, which is composed of Powered by its L2 blockchain as well as its TOPIA token. Previously on October 20, the HYTOPIA mainnet was launched.

Forge, the first video game platform that connects and rewards gamers for their gaming achievements and ongoing play, opens to players today in beta. The platform is announcing today a $11 million seed funding round, led by Makers Fund, BITKRAFT Ventures, and Animoca Brands, with participation from Hashkey Capital, Polygon Ventures, Formless Capital and Adaverse. Forge’s existing investors include industry-leading strategics such as Griffin Gaming Partners, Riot Games, and Sony Innovation Fund. Forge’s angel investors include gaming industry leaders Riot Games founder Marc Merrill, Twitch founders Emmett Shear and Kevin Lin, TSM founder Dan Dinh, Kabam founders Kevin Chou and Holly Liu, YouTube founder Steve Chen, Krafton CEO CH Kim, former Discord CMO Eros Resmini (The Mini Fund), and ESL founder Ralf Reichart.