Nfts
GameFi Studios is booming again as crypto prices recover — TradingView News
GameFi projects, darlings of the crypto industry that captivated investors’ attention during the 2020-2022 bull run, have made a highly anticipated return under the name Bitcoin. BTCUSD the eyes of unprecedented heights.
On May 15, Ethereum game studio Web3 Immutable announced the release of its flagship title, Guild of Guardians (GOG), on Google Play and the Apple App Store. Guild of Guardians sees players venturing into Elderym, a world on the brink of destruction at the hands of Dread. To save the world, players assemble a team of Guardians to embark on an adventure battling dungeons and bosses while earning GOG token rewards.
According to Chris Clay, director of Immutable Games, the team plans to introduce Immutable Passport and Immutable zkEVM. “The last fifteen months of development have been a whirlwind in laying the foundation for a game and a universe that we are only just beginning to build on,” he said.
As part of the game’s debut, the developers allocated $1 million in GOG tokens and various non-fungible hero tokens (NFTs) as additional rewards. 
Separately, Animoca Brands Japan announced on April 22 that the company would partner with Square Enix, creator of the Final Fantasy series, to develop the latter’s non-fungible token (NFT) hero game, Symbiogenesis. “Animoca Brands Japan will support Symbiogenesis by providing expertise in the overseas expansion of Japanese projects, global NFT sales and marketing activities, and promoting collaboration opportunities with Symbiogenesis’s extensive network of companies and partners. Animoca Brands,” the company wrote.
In Symbiogenesis, players will descend into a devastated high fantasy world and attempt to solve puzzles through missions designed around the theme of monopoly and distribution. The game is playable via any of its 10,000 NFT characters, which also serve the dual purpose of being personal profile photos.
On April 19, Cointelegraph reported that classic dark fantasy ARPG game Seraph: In the Darkness, built on Arbitrum and developed by Seraph Studio, recently surpassed sales of over 11,000 Ether thanks to several in-game NFT sales consisting of heroes and equipment in game, priority passes and others. The game is in continuous development and is currently in the pre-season phase. 
Similarly, on May 13, Pixels, a casual Web3 game featuring an open world of farming and exploration, surpassed one million daily active players. It generated $4.4 million in tokenized revenue over the past month from VIP subscriptions and in-game transactions. In February, the Pixels game surpassed a valuation of $2.7 billion after migrating to the blockchain gaming Ronin and its token listing on the Binance crypto exchange.
New projects have dominated the new and ongoing crypto bull market, as opposed to those from the previous cycle. Two years prior, fantasy monster fighting NFT game Axie Infinity accounted for nearly two-thirds of all GameFi NFT blockchain transactions. At that time, Axie Infinity players stood at around 2.7 million per month, up from 342,353 since then.