Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
Tezos Foundation Supports Auto Hero’s Transformation into a Web3 Game
The Tezos Foundation has officially announced a grant to Oxalus.io, the team behind the notable game Auto Hero, marking a significant step towards transforming the popular game into a Web3 experience. This initiative is set to leverage the Tezos blockchain, aiming to introduce a new dimension to the gaming experience.
By: XTZ News
11 March 2024
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Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
The Tezos Foundation has officially announced a grant to Oxalus.io, the team behind the notable game Auto Hero, marking a significant step towards transforming the popular game into a Web3 experience. This initiative is set to leverage the Tezos blockchain, aiming to introduce a new dimension to the gaming experience.
Congratulations to @Oxalus_io, the team behind Auto Hero, for securing a grant from the Tezos Foundation! They are set to transform their popular game into a Web3 experience on the @Tezos blockchain.
Auto Hero, crafted by Bombus Studio, is recognized for its engaging side-scrolling 2D platformer gameplay, featuring automatic shooting mechanics. The game, available on both Google and iOS platforms, has garnered substantial success, boasting an impressive 5 million downloads. It maintains a vibrant community of 120,000 monthly active users and has generated $500,000 in revenue, underscoring its popularity and financial viability.
Bombus Studio, based in Vietnam, has established a reputable presence in the game development industry, with a portfolio of Web2 games achieving over 4 million downloads. Additionally, the studio has ventured into the Web3 space with a news platform. Their focus is on incorporating in-game items as Non-Fungible Tokens (NFTs) on the Tezos blockchain, encompassing characters, skins, and weapons. This approach aims to blend the excitement of gaming with the innovative aspects of blockchain technology.
The transition of Auto Hero to a Web3 framework involves converting the existing system for players to fuse and upgrade items into on-chain transactions once they are transformed into NFTs. This move is expected to enhance player engagement by leveraging the unique attributes of blockchain technology, such as ownership and transferability of digital assets.
Auto Hero offers players a rich gaming experience with its auto shooting gameplay, easy controls, and a variety of monsters and missions. The game boasts over 150 battle missions and 140 types of weapons, providing a comprehensive and immersive experience. Players are encouraged to upgrade their characters and weapons to tackle increasingly challenging levels, adding depth and replayability to the game.
Bombus Studio’s commitment to creating games that bring joy and excitement to their customers is evident in their diverse game portfolio. With the support of the Tezos Foundation, Auto Hero’s transition into the Web3 space is poised to set a new standard for gaming experiences, combining traditional gameplay elements with the innovative possibilities of blockchain technology.
For those interested in experiencing Auto Hero, the game is available for download on the PlayStore and IOS. Further information about Bombus Studio and their projects can be found on their official website. This collaboration between Tezos Foundation and Oxalus.io represents a significant milestone in the intersection of gaming and blockchain, promising to deliver a new era of digital entertainment.
The Tezos Foundation has awarded three new gaming grants, supporting the development of blockchain-based gaming. The recipients, TapNation, Dragon Ninja, and Heroes of Holdem, are set to bring innovative gaming experiences to the Tezos blockchain. Additionally, Etherlink has announced a new partnership with BattleRise, further expanding blockchain gaming opportunities.
The report notes a substantial 558% increase in active gaming addresses quarter-over-quarter, reaching 97,000 in Q1 2024. This surge underscores the growing interest and engagement in gaming applications on Tezos. Messari observed that “active gaming addresses surged by 558% QoQ, reaching 97,000 in Q1 2024.”
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer. Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
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The Tezos Foundation has awarded three new gaming grants, supporting the development of blockchain-based gaming. The recipients, TapNation, Dragon Ninja, and Heroes of Holdem, are set to bring innovative gaming experiences to the Tezos blockchain. Additionally, Etherlink has announced a new partnership with BattleRise, further expanding blockchain gaming opportunities.
The report notes a substantial 558% increase in active gaming addresses quarter-over-quarter, reaching 97,000 in Q1 2024. This surge underscores the growing interest and engagement in gaming applications on Tezos. Messari observed that “active gaming addresses surged by 558% QoQ, reaching 97,000 in Q1 2024.”
The Tezos Foundation has employed Google Cloud to establish a secure and resilient global network for its blockchain. The initiative rapidly deployed Tezos archive nodes on every continent using Google Cloud’s Compute Engine.
