Square Enix Stock Soars 7% On NFT Plans Despite Massive Backlash Online

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Square Enix received a tremendous amount of backlash on Twitter and other social media platforms over the weekend after releasing a letter from the company's president discussing future plans to embrace NFTs. Some folks, namely blockchain enthusiasts, were happy to hear this, but the response by most gamers were universally negative. Despite this though, investors cheered the move by sending [...]

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Twitch Co-Founder Launches New Marketplace For Gaming NFTs Called Fractal

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Twitch Co-founder Justin Kan has launched a new company and integrated marketplace for gaming NFTs called Fractal. The company has partnered with several leading blockchain game developers, including Genopets, The Sandbox, Nyan Heroes, Mini Royale, Caveworld, Aurory, Portals, Syn City, Panzerdogs, Solchiks, and Photo Finish. Together, these companies have sold billions in NFTs within their games. With Fractal, players will [...]

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Remedy Entertainment And Tencent Are Working On F2P Co-op PvE Shooter Codenamed Vanguard

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Max Payne creator Remedy Entertainment has partnered with Chinese gaming company Tencent on a new free-to-play co-op PvE shooter codenamed Vanguard. According to the official announcement, the game is an original Remedy IP and will be developed using Epic Games’ Unreal Engine for PC and consoles. Remedy will be responsible for developing the game and publishing it globally while Tencent [...]

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Final Fantasy XVI Has Been Delayed By At Least 6 Months Due To COVID-19 Says Naoki Yoshida

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Not MMO news, but Final Fantasy fans could benefit from the information. Final Fantasy XVI is the latest in a slew of games, expansions, and updates that have been delayed because of COVID-19. Producer Naoki Yoshida broke the unfortunate news in his latest message to the community. “When last we spoke, I promised I would have more information on Final [...]

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PWE Acquisition Report: Neverwinter Has Logged 20M+ Players And Made $400M+ To Date

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While Embracer Group are in the process of acquiring Perfect World Entertainment and its subsidiaries, the former has shed light on some interesting statistics about the latter’s portfolio of games. Of significant note are metrics from Cryptic Studios’ operational free-to-play and buy-to-play MMOs. Embracer’s acquisition report reveals Neverwinter to be Cryptic Studios’ biggest game with over 20 million players to [...]

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Riot Games Settles Gender Discrimination Lawsuit For $100 Million. Every Female Worker Past & Present Gets $33K

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While Blizzard Entertainment has been in the spotlight over the last year for its hostile work environment towards women, Riot Games officially settled a 2018 gender discrimination lawsuit for a whopping $100 million. While the Riot Games workplace issues have been largely off the news for the last year, they made major headlines when a Kotaku article first exposed them [...]

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NFT Studio Blue Monster Games Acquires Legends Of Aria Developer Citadel Studios

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Blue Monster Games is finalizing a deal to acquire Virgina-based indie developer Citadel Studios, along with their Kickstarted MMORPG Legends of Aria and in-house Shards Engine. As part of the acquisition, Citadel’s founder Derek Brinkmann will be joining Blue Monster as the NFT game developer’s CTO. Blue Monster Games is a Florida-based NFT game development studio currently working on an [...]

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CCP Games CEO On NFTs: Online Game Content Should Have Practical Real World Values

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With NFTs and play-to-earn games quickly gaining popularity, several video game companies have expressed their interest in these cryptocurrency based platforms. In a recent interview, CCP Games CEO Hilmar Veigar Pétursson revealed his belief in play-to-earn business models and NFTs, comparing them to “retirement plans” earned by investing time in a game. “Gamers hope that the values created from online [...]

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