ChainCatcher news, the blockchain game Axie Infinity's developer Sky Mavis announced a 21% layoff. Given that its global team consists of about 250 people, this decision will affect around 50 employees.The company's co-founder Nguyen Thanh Trung stated that this move is part of a refocus on core products and long-term strategy. Trung emphasized that financial constraints were not the reason for this decision, and affected employees will receive severance pay and employment placement support. (TechinAsia)

ChainCatcher message, according to SoSoValue data, the overall cryptocurrency market has declined, with various sectors showing a correction trend, but the GameFi and DeSci sectors have risen against the trend by 9.52% and 3.35%, respectively. In the GameFi sector, The Sandbox (SAND) has increased by 65.24%, Decentraland (MANA) has increased by 29.56%, and Axie Infinity (AXS) has increased by 14.27%. Additionally, the ssiGameFi index, which represents the historical performance of the GameFi sector, currently stands at $10.4, with a weekly increase of 31.17% and a monthly increase of 62.84%.Furthermore, the DeSci sector has risen by 3.35%, with Rifampicin (RIF) increasing by 27.98%, Urolithin A (URO) increasing by 26.34%, and VitaDao (VITA) increasing by 8.47%. SoSoValue analysts indicate that the rise in the DeSci sector may be influenced by comments made by Mechanism Capital partner Andrew Kang on X, stating that "the current DeSci field is similar to the DeFi era in early 2019, with enormous potential."

ChainCatcher news, according to data from RootData, the Cros token (CROS) has increased by 115.81% in the last 24 hours, currently priced at $0.057.Additionally, the Web3 asset data platform RootData shows that Cros is a decentralized in-game advertising infrastructure that enables developers to monetize through games and allows advertisers to reach billions of players on mobile devices, PCs, consoles, and in the gaming metaverse through non-intrusive ads during gameplay. Cros is building an infrastructure technology layer to connect game developers and advertisers in a fully decentralized and automated manner.

ChainCatcher news, Nexon's web3 subsidiary Nexpace has launched the second game test of MapleStory N, which will take place from November 20 to 29. Due to the growing demand from the community, this test is open to everyone, unlike the last test in July, but access is geographically restricted. It is reported that MapleStory N is a blockchain game based on the well-known MapleStory IP, expected to be released in 2025. Regarding the latest game test, it also includes free ecosystem applications such as the MapleStory Universe marketplace and Explorer platform. In addition to exploring the game, its web3 features, and additional applications, participants can also earn in-game rewards, including NESO, decorative items, and pre-registration bonuses. Furthermore, users have the chance to earn MSU ecosystem tokens.

ChainCatcher news, the decentralized gamer network KGeN (Kratos Gamer Network) announced the completion of a $10 million ecosystem round financing, led by Aptos Labs, with participation from Polygon and Game7, bringing its total funding to $30 million.It is reported that the Kratos gamer network primarily operates in India, Brazil, Nigeria, Southeast Asia, and the Middle East and North Africa.Additionally, the Web3 asset data platform RootData shows that since 2022, Kratos Studios' mission has been to bring millions of micro gaming communities in emerging markets into Web3 to create the most powerful POG (Player Owned Game) engine and the Kratos gaming network (KGeN). The POG engine will enable gamers and game developers worldwide to interact seamlessly with each other through the multi-chain gaming data network KGEN.

ChainCatcher news, according to official sources, the community co-created AIGC game Gabby World announced the completion of a $2 million financing at a valuation of $20 million. This round of financing was participated by 13 institutions including SevenX Ventures, OnePiece Labs, Everest Ventures Group, Huofeng Capital, Zonff Partners, as well as 8 angel investors including former partners from Republic, former partners from Hashed, and partners from Gam3Girl Ventures.Gabby World is a community co-created AIGC Dungeons and Dragons game and is the first VC token to be issued at a meme-like ultra-low market cap through a "fair release" token economy, aiming to explore a new paradigm for VC token issuance that counters "low circulation high FDV" and time-locked releases.The token GABBY was quietly issued at a market cap of $10,000 on Solana's DEX at the end of October, and in the past few weeks, it has successfully validated the on-demand release and buyback destruction advocated by the "fair release" token economic model.

ChainCatcher news, dedicated to building an AI autonomous world, the Web3 project WORLD3 has officially launched its full-chain game Crystal Caves on the Base chain today, and simultaneously kicked off the first phase of the token airdrop campaign.According to the latest white paper released by WORLD3, 60% of the $W3C tokens will be used to support its AGA ecosystem. WORLD3 is committed to empowering AI Agents with decentralized identities and the ability to connect with the digital world, possessing the capability for autonomous growth and learning, laying the foundation for building a self-sustaining digital civilization.Crystal Caves is a full-chain mining game launched by WORLD3, where users can earn rewards such as Lumens and USDT through mining activities, and the Lumens earned can be converted into $W3C tokens at the TGE.In subsequent versions of Crystal Caves, AI Agents will be able to mine autonomously based on user-defined strategies. Additionally, Crystal Caves will integrate Based Agents from the Base chain, allowing Base users to participate in mining activities through native AI agents, further enriching the AI-driven experience of the Base ecosystem.

ChainCatcher news, Com2us Holdings' blockchain mainnet XPLA announced a collaboration with the distributed GPU platform Aethir to launch a program with a total scale of $10 million, aimed at supporting AI-based AAA-level Web3 game development.Participating teams can apply on the official websites of XPLA and Aethir, with a deadline of December 18. Applications must include a project overview, team information, development progress, roadmap, and white paper. Projects will be shortlisted after a first round of review and final evaluation. Selected projects can receive up to $500,000 in support and will receive comprehensive technical and resource support from the XPLA and Aethir teams from the early development stage to commercialization, including Web3 infrastructure, user experience optimization, high-performance GPU resources, and more.Paul Kim, head of the XPLA team, stated: "The combination of AI technology and Web3 games will bring tremendous innovation, and we will do our utmost to help developers quickly realize project commercialization."

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated today that every year we survey hundreds of financial advisors and ask them what is holding them back from investing in cryptocurrencies. Every year, they tell us that regulatory issues are the number one reason. This is one of the reasons why this election will change the game for cryptocurrencies. In the coming months, we will see a wave of institutional capital.

ChainCatcher message, the official announcement from the full-chain AI game Cellula states that starting from now on, on the 18th of each month, a portion of the CELA tokens from Cellula's electricity revenue will be burned. On November 18th, 1,683,104.3 CELA tokens will be burned, accounting for 12% of the total airdropped tokens received.Electricity revenue address: 0xaBD1780208A62B9CBf9d3B7a1617918D42493933Currently, the total network computing power of Cellula has reached 32M, with 12,899 BitLife AI Agents in mining mode.

ChainCatcher news, the Web3 MOBA game project E4C: Final Salvation has completed a $10 million financing round, led by The Spartan Group, with participation from institutions such as Sui, IVC, CVP NoLimit, Goodwater, M13, as well as notable individuals from organizations like Binance, Temasek, Dragonfly, Axiom Asia Private Capital, and Paris Hilton.According to RootData, E4C: Final Salvation is a mobile MOBA game that integrates esports into its gameplay, featuring fully mobile native and web3 custom design. The game is developed by Ambrus Studio.

ChainCatcher news, game developer Thetan World announced that it has received a strategic investment from the Avalanche Blizzard Fund. The specific investment amount and valuation information have not been disclosed. The new funds are intended to support Thetan World in building a high-quality original game ecosystem based on P2E.It is reported that Avalanche will also provide support for its economy and infrastructure.