Tilting Points partners Polygon Studios and LootRush  Raises $12M. 

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Titling point, which is free to play mobile games, has entered a multi-year partnership with Polygon who is about to launch 10 web3 games over the next two years. They plan to help native web3 games developers partners, as well as studios that want to bridge from web2 to web3 gaming.

The first three titles in the works are interstellar strategy game “Astrokings” from Korean developer AN games, which Tilting Point acquired earlier this year; virtual slot game “The Walking Dead: Casino Slots,” based on the AMC series; and “Chess Universe,” by Tilting Point’s partner developer Kings of Games.

T.E.A.M DAO raises $5 million: The Tokenized Esports Asset Management decentralized autonomous organization(T.E.A.M.) DAO, describes itself as the metaverse’s first Guild 3.0. The fantasy esports NFT league recently announced a $5 million Series A funding round co-led by Krust Universe and Animoca Brands.  According to T.E.A.M, the new funding will be used for further development of its technology, infrastructure, expand the team, and grow its player base. Its designated Supreme Leader stated that the company is leading a gaming-culture defining ecosystem for “noobs, amateurs and mid tier gamers.” 

Axie Infinity:  report by Crypto Head that assessed the top 50 play-to-earn (P2E) games on ChainPlay is Axie Infinity that has a fully diluted market cap of $15.81 million. Cross Link came in a close second at $13 million and a third-placed Decentraland at $4.63 million. The average market cap value of all the crypto games studied is $1.25 million.

LootRush wants to take NFT gaming to another level: LootRush, an NFT marketplace for crypto gamers, closed on Thursday a seed round of $12 million led by crypto firm Paradigm, with participation from Andreessen Horowitz. Other backers included Y Combinator, Brex founders, and several angel investors, including the founders of Axie Infinity, Plaid, Wildlife Studios, Dapper Labs and The Chainsmokers. 

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