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How GameFi contributes to the growth of crypto and NFTs

The crypto industry has grown tremendously over the past couple of years, and one of its biggest drivers is the GameFi industry.  GameFi — a portmanteau of gaming and finance —enables gamers to earn rewards while playing. The market has been growing steadily and presently has a token market cap of approximately $9.2 billion. Notably, GameFi networks have continued to thrive despite the crypto winter. Indeed, the industry is forecasted to reach a $74.2 billion valuation by 2031. How GameFi networks work GameFi ecosystems are based on blockchain technology and use different in-game economic setups to reward players. The rewards are usually in the form of nonfungible tokens (NFTs) that are tradable on major marketplaces. The items are typically in the form of virtual lands, costumes and ...

HHW Gaming: Captain America & Black Panther Teaming Up In New Game, Plus Other D23 Expo Announcments

HipHopWired Featured Video CLOSE Source: Skydance New Media / Black Panther and Captain America Day one of Disney’s D23 is officially a wrap, and gamers have some video games to look forward to coming from the house the mouse built and Marvel. The Disney and Marvel Games Showcase went down on the Premiere Stage located in the Anaheim Convention Center on Friday (Sep.9), and Hip-Hop Wired was in the building. The presentation was hosted by Kinda Funny Games’ Blessing Adeoye Jr. and featured plenty of announcements and trailers for upcoming video games from both Disney and Marvel. One game, in particular, stood out from the rest, a yet-to-be-named game from Skydance New Media and Marvel that features Black Panther and Captain America teaming up during World War II. The game is headed by...

New ‘Pokémon Scarlet and Violet’ Trailer Introduces Version Exclusive Pokémon

As the release of the 9th generation of Pokémon games nears with the upcoming launch of Pokémon Scarlet and Violet, yet another trailer for the game has been shared. Recently, Grafaiai, the Toxic Monkey Pokémon, was revealed following the announcement of the Terastal phenomenon, the new battle mechanic for this generation that allows Pokémon to switch types during battle. Now, the Pokémon Company has shown off new version exclusive Pokémon and unique game features in its latest trailer. Within the first fifteen seconds of the trailer, three new Pokémon are revealed – Klawf, Armarouge and Ceruledge. Klawf serves as yet another crab-inspired Pokémon and introduces a new ability to the game, Anger Shell, which triggers an effect similar to the move Shell Smash when the Pokémon’s HP drops...

The Chainsmokers Invite You to Rave in the Metaverse

Grammy Award-winning duo The Chainsmokers are set to unveil an immersive music experience that invites Roblox players and music fans around the world to create and perform in their own music festival. Created by leading Roblox developer Gamefam, Festival Tycoon will provide an authentic look at the music duo’s sensational festival and concert performances, allowing gamers and fans of electronic and pop music to build their own version of music festivals including lighting design, pyrotechnics, merch booths, campgrounds, backstage VIP areas, amusement park rides, helipads and more. Fans will also be invited to virtually share the stage with The Chainsmokers and other musical acts and perform in rhythm games to some of the duo’s biggest hits. [embedded content] Festival Tycoon marks the firs...

New PS5 Teardown Shows Cheaper Internals, Despite Price Increase

At the end of last month, Sony began selling an updated version of the PlayStation 5, expected to hit Japan September 15 and the rest of the world at a later date, the CFI-1200 PS5 features a significant weight drop. The sale of the new console came shortly after the company announced a price increase for the PS5 set to hit much of the world due to global inflation. Thanks to a teardown of the new CFI-1200 Sony PlayStation 5 by YouTuber Austin Evans, we learn that the console is more efficient with an estimated 10 percent reduced power consumption. Sony was able to achieve the feat with a smaller heatsink, reworked motherboard, and shrunken internal packaging, though the PS5 delivers roughly the same noise and heat output. Evans theorizes that consumers will be paying less for electricity ...

HHW Gaming: PlayStation Announces New Gray Camouflage Collection For PS5

HipHopWired Featured Video Source: Sony / PlayStation Gray Camouflage Collection Sony is giving you another reason to ignore your white PS5 DualSense controller and permanently ditch the original white cover plates on your console. Sony announced a new gray camouflage collection that adds more flair to the PS5 console, DualSense Controller, and 3D Pulse Headset. The latest collection comes on time for the fall season, giving PS5 owners another option if the Cosmic Red, Galatic Purple, or sleek Midnight Black controllers and plates didn’t appeal to them. Along with the camouflage look, PlayStation fans will also appreciate the PlayStation Shapes subtly appearing in the camo design. Related Stories PlayStation says the new collection will be available this fall, with pre-orders beginning Sep...

HHW Gaming: PlayStation Rolling Out New PS5 System Software Update, Here’s What’s New

HipHopWired Featured Video Source: Future Publishing / Getty Finally, a significant PS5 system software update is rolling out for the console, and it boasts some significant quality-of-life improvements. If you haven’t heard, PlayStation has rolled out its newest system software update for the PS5 globally. After being in beta for some time, PS5 console owners can now highly requested features like 1440p HDMI video output and gamelists. 1440p HDMI input is a much-welcomed addition for those who own high-end televisions and monitors like Sony’s new inZone computer monitor that takes its cues from the company’s next-gen console. Native 1440p output will also be available in games that support it or games that have 4K support. Gamelists are essentially folders that PS5 owners can utilize to o...

Latest ‘God of War: Ragnarok’ Gameplay Trailer Shows Off Elemental Combat Moves

Shortly after releasing an exclusive look at the game’s new revamped combat mechanics with Game Informer, Sony and Santa Monica Studio have now tapped to release another look at God of War: Ragnarok‘s gameplay, this time focusing on Krato’s elemental moves. Just like the lead combat designers Mihir Sheth and Denny Yeh explained previously, one of the biggest changes to the way the Olympian can take down his foes is to infuse the weapon he’s wielding with either ice or fire. With the Leviathan Axe, Kratos will be able to channel Frost Awaken to make his attacks stronger and slow down enemies, while the Blades of Chaos can channel a fiery Whiplash that’ll set opponents ablaze for some damage over time. There are also updates for both Stonewall Sheild and Dauntless Sheild that gives the ...

The First DLC Expansion for ‘Cyberpunk 2077’ Will Be a Next-Gen Exclusive

Almost two years after its release, Cyberpunk 2077 is finally getting its first proper expansion from CD Projekt Red, but you’re going to have to own a next-gen console or PC to play it. Just like the full game, the new Phantom Liberty DLC is also set in the crime-ridden Night City, where you’ll continue to play as V alongside Keanu Reeves’ Johnny Silverhand in what’s dubbed a spy thriller adventure. The task involves espionage work for the New United States of America, although other details revolving around the story remain scarce at this point. Most notably though, CD Projekt Red has decided to keep the expansion exclusive to next-gen platforms, meaning those on the Xbox One or PlayStation 4 will not be able to play it. On top of Phantom Liberty, Cyberpunk 2077 will ...

‘Gundam Evolution’ Is Finally Arriving Later This Month and It’s Free to Play

More than a year after announcing the game and months of closed beta testing, Gundam Evolution has finally received a release date from Bandai Namco Entertainment. The new team-based FPS title plays very similarly to Blizzard‘s fan-favorite Overwatch, featuring two teams of six Mobile Suits that will try to eliminate each other while capturing objectives. There’ll be timed respawns so you won’t get kicked out immediately after a death, but there’s also a countdown timer for objectives. At launch, there’ll be 12 different Gundam units to choose from, all of which are iconic in their own right, ranging from RX-78-2, Guntank, and GM to Sazabi, Zaku II, Dom Trooper, Turn A Gundam and even Barbatos. As you play through the three current game modes of Point Capture, Domination and Dest...

Rockstar Games Hints at End of ‘Grand Theft Auto V’ as Work on ‘GTA VI’ Begins

Rockstar Games could be ending support for Grand Theft Auto V. Penning a short note with a new “Thank You” page on the website, the video game publishers shared their gratitude for the love GTA V and GTA Online have both received for the past nine years. “Grand Theft Auto V and Grand Theft Auto Online represent the combined efforts of our global team over many years,” the note read. “We want to acknowledge and thank everyone who has contributed to these games, from their original launch in 2013 all the way through to present day.” Although Rockstar Games did not confirm this, the successful porting of both GTA V and GTA Online to new-gen consoles like the PlayStation 5 and Xbox Series X|S earlier this March, along with the news that it is working on GTA VI, could suggest that the developer...

Sony Is Releasing the Gray Camouflage Collection for the PS5

Sony‘s PlayStation 5 continues to be a difficult find for gaming enthusiasts everywhere. While this is the case, the gaming company shows no signs of stopping, releasing a customization option for the console, set to arrive later this Fall. Gearing up for the Fall season, Sony is releasing the Gray Camouflage collection for the PS5. The customization pack includes a set of new plates for the console, as well as the ones for the matching DualSense controller and Pulse headset. The muted grey camouflage design offers a fresher and more contemporary feel to the iconic console. As a nod to the PlayStation Shapes, fans can see them subtly incorporated into the patterned design. Those looking to order the new Gray Camouflage collection can pre-order starting on September 15. As for the DualSense...