ChainCatcher news, according to official sources, Solana's layer two gaming public chain Sonic SVM has announced that its Web3 application layer Sonic X has reached an important milestone of 1 million KYC certified users, highlighting Sonic's commitment to building a robust infrastructure and user-friendly distribution platform Sonic X, which enables TikTok users to easily engage with decentralized networks and explore blockchain-driven applications.Through the TikTok native game Sonic X built on Sonic SVM, users can easily discover and interact with various Web3 games, all within the familiar TikTok environment. The Sonic X team fully leverages account abstraction to create a seamless and simplified onboarding process for non-crypto native users. On the backend, a Solana wallet is automatically generated - but for users, they do not need to leave the TikTok app; they can simply log in with their TikTok account to play the games offered on Sonic X.It is reported that Sonic X is the first TikTok Web3 Applayer to go live, with unique features including a Web3 game aggregation page, an interactive leaderboard for Sonic X's flagship click-to-earn game, and a task page where users can complete activities to earn rewards.

ChainCatcher news, VanEck announced an investment in the Web3 gaming company Gunzilla, marking its second foray into this field with its crypto fund. Gunzilla is developing "Off The Grid," a cyberpunk shooting game. VanEck believes that blockchain brings transparency and player control to gaming, driving the development of the gaming economy.

ChainCatcher news, the UAE-based venture capital firm Quantix Capital is collaborating with Singapore's Tezos blockchain adoption center TZ APAC to promote game development on the Tezos platform.This collaboration includes a $1 million investment specifically to support emerging gaming projects on Tezos. The two companies will not only provide financial support but also offer networking resources and guidance through senior members of Quantix Capital and TZ APAC.Quantix Capital and TZ APAC stated that their goal is to drive the long-term growth of the Tezos ecosystem by providing developers with the necessary resources and guidance.

ChainCatcher news, according to The Block, the crypto gaming investment firm Bitkraft Ventures announced a lead investment of $9 million in the seed round financing of the Web3 mobile gaming platform Party Icons. IDG Capital and The Sandbox co-founder Sebastien Borget are among the institutions participating in this round of investment.Party Icons plans to use the funds to develop games and social experiences, as well as to strengthen its Web3 infrastructure. The platform currently offers three unique modes designed to combine the social elements of party games with the excitement of shooting games.Quinn Campbell, Vice President of Growth at Party Icons, stated that the platform focuses on users' favorite "fragmented" entertainment, with most game durations not exceeding 12 minutes to accommodate modern players' habits.

ChainCatcher news, the opening ceremony of the ABGA Founders Club was successfully held in Singapore. The establishment of the ABGA Founders Club marks a new phase in the investment incubation business layout of ABGA and ICC in early projects. During the event, the accelerator focusing on innovation in the Web3 application field, Imagine Creation Combinator (ICC), announced the successful establishment of its first ecological game fund------the ICC Gaming Eco Fund.This fund will focus on the Web3 gaming ecosystem, including but not limited to investments and incubation of projects in Web3 games, gaming infrastructure, (Ton) Telegram, and Kaia (Line) Mini Game ecosystems. This round of financing has received strong support from several well-known investment institutions, including Kaia Foundation, NEO Foundation, Waterdrop Capital, DepinX, and support from individual angel investors, as well as strategic support from ABGA (Asia Blockchain Gaming Alliance).In the future, ICC will continue to focus on, support, and accelerate early-stage quality projects in the Web3 innovation application track, including AI, Social, DePin, RWA, and other directions, establish dedicated track funds, and select quality projects for incubation and support from the market through collaboration with mainstream public chains, conducting customized acceleration camps, and hosting hackathons. The establishment of the ICC Eco Fund is an important milestone for ICC in promoting innovation and development in the Web3 application ecosystem, and also marks a further deepening of its influence in the global Web3 industry.

ChainCatcher news, CMC Labs under CoinMarketCap (CMC) announced that the large AAA Web3 game Seraph has entered its accelerator program, becoming a major highlight in the Web3 gaming space. Backed by the South Korean gaming giant Actoz Soft, this collaboration with CMC Labs will provide Seraph with more strategic resources and global exposure, helping to accelerate the game's development and expand its influence in the Web3 gaming ecosystem.This partnership is not only a key step for Seraph to expand its influence in Web3 gaming but also demonstrates how Web3 games can integrate blockchain and AI technologies to deliver richer and more valuable gaming experiences. Seraph CEO Tobin emphasized that through this collaboration, Seraph will provide players with a dynamic gaming experience that breaks traditional boundaries, showcasing a new height of GameFi potential.CoinMarketCap CEO Rush also stated that Seraph, as a pioneer in the integration of blockchain and AI, has demonstrated strong innovation in the Web3 gaming sector. With the support of CMC Labs, Seraph will continue to push for innovation in the GameFi space, promoting a decentralized player-driven economic system and the deep integration of AI technology, shaping the future of the Web3 gaming ecosystem.

ChainCatcher news, asset management giant VanEck has announced two long-term investments in the Web3 gaming sector. One investment is directed towards the AI blockchain game project Parallel, while the other investment has not been disclosed. VanEck stated that details will be announced soon.

ChainCatcher news, the social gaming metaverse Ultiverse has partnered with the oracle protocol ORA to launch the AI x Gaming hackathon event "O.A.G", supported by Polychain Capital, DAO5, and Animoca Brands. The first round of applications will start tomorrow and end on December 12. Participants in the O.A.G incubator will ultimately be able to present their projects to investors.It is reported that the purpose of this initiative is to strengthen AI-driven Web3 gaming and application projects. Selected projects can receive funding of up to $2 million, as well as marketing and strategic support. The program focuses on product-market fit, fundraising, market strategy, and sustainable growth.

ChainCatcher news, Minutes Network appoints former Rockstar co-founder Jamie King as Chief Marketing Officer.It is reported that Jamie King has over 20 years of experience in product innovation and marketing strategy. As a co-founder of Rockstar Games, Jamie King is known for his contributions to creative innovation and has received multiple awards for his work, including the BAFTA Lifetime Achievement Award in Video Games, the Gold Award for Chief Marketing Officer, the Tempest Esports Award, the Clio Award, and a nomination for "Outstanding Digital Innovation" at the 34th Sports Emmy Awards.

ChainCatcher news, Geist announces the launch of the official testnet Polter for the Geist gaming chain.Geist, built by Aavegotchi and supported by Base, Arbitrum, and Alchemy, is a member-exclusive Layer 3 (L3) blockchain specifically designed for gaming. All games on the Geist network will revolve around the Aavegotchi IP.Additionally, Geist stated that the Geist mainnet is coming soon.

ChainCatcher news, according to The Block, Evan Cheng, co-founder and CEO of Sui blockchain development company Mysten Labs, stated in an interview in May that the "ChatGPT moment" for cryptocurrency could arrive at any time. In a recent interview at the Mainnet conference, Cheng reiterated that the moment has not yet arrived, but it is still just around the corner. As for how Cheng plans to lead Sui to this breakthrough, he believes that by catering to "disruptive developers" and conducting extensive experiments, his blockchain has the most potential to achieve this breakthrough.One of the upcoming eye-catching experiments from Sui is the SuiPlay0X1 handheld gaming device, which is now available for pre-order and is scheduled to launch in 2025. While some may view the device as a hardware play, similar to Solana's Web3 phone, Cheng sees the device as a software product rather than a hardware product.Cheng said, "This is a gaming device that can play all Windows games. It is better than other devices in terms of deep software integration and operating system integration. Even for existing Web3 gamers, it is a superior product due to the advantages of the software. Hardware is almost like a commodity, while the software experience is where the magic lies and is the key to success."Market data shows that SUI briefly reached $2.2485, setting a new all-time high.

ChainCatcher news, the GameOn TON hackathon is in full swing, aimed at promoting innovation in the Web3 gaming and TON blockchain sectors. It is jointly hosted by several well-known organizations, including AEON and the TON Foundation, with TonBit as the security partner, providing comprehensive security assurance for participating projects.The prize pool for this hackathon reaches up to 4 million USD, aimed at encouraging developers to innovate and providing expert guidance. All projects participating in the GameOn TON hackathon that use TonBit's auditing services will have the opportunity to receive an auditing discount pool provided by TonBit, ranging from 50,000 to 100,000 USD, as well as exclusive on-chain security training.TonBit, the security sub-brand under BitsLab, is an early builder and security expert of the TON ecosystem, dedicated to providing security auditing services for the TON ecosystem.

ChainCatcher news, according to Cointelegraph, decentralized GPU cloud computing provider Aethir has announced the launch of a $100 million Aethir Ecosystem Fund to accelerate innovation in artificial intelligence and gaming. The initiative includes the Aethir Catalyst program, aimed at providing high-performance GPU resources to startups and enterprises. The Aethir Catalyst program is the foundation of the fund, allocating $20 million in grants and subsidies to support over 100 projects.336 million ATH tokens will be distributed evenly between artificial intelligence and gaming projects to establish strategic partnerships and support innovation across various fields. The fund's allocation model is designed to reduce the computing costs for companies integrating artificial intelligence, machine learning, or high-demand gaming applications. In addition to grants, the fund also includes a subsidy program that can cover up to 35% of the costs for external GPU services, allowing businesses to access high-performance computing without upfront costs.