On January 29, TerraZero Technologies issued one of the first mortgages in the Metaverse – a network of virtual worlds where users can interact with [...]

The former chief executive officer of Disney says that there are “extraordinary” possibilities for the future of non-fungible tokens (NFT) while hinting at the company’s potential metaverse play.  Speaking in an interview with New York Times journalist Kara Swisher, Iger predicted there would be an “explosion” in the NFT space as the world continues its […]

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The post Treasury Department report warns NFTs could be used in money laundering appeared first on The Block.

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The post Disney is looking for a business developer with NFT experience appeared first on The Block.

The TON blockchain will soon embrace a new set of non-fungible tokens (NFTs). This represents a first-of-its-kind NFTs coming on ...

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Venture capital firm, Fundamental Labs launched its Fundamental Labs Fund V – the fifth in its  series of funds that kicked off in 2016. It was constituted within one month with a medium size of  $50M. Fundamental Labs’ investment philosophy is anchored around being a long-term, strategic,  value investor. Short-term speculation is not its approach so remains phase agnostic.  

The post Fundamental Labs: Empowering Web 3.0 mass adoption and looking beyond 2022 appeared first on The Block.

Nike has filed a lawsuit against sportswear reselling giant StockX, accusing it of using Nike trademarks without authorisation to sell non-fungible tokens from its ‘Vault’ NFTs collection “at heavily inflated prices to unsuspecting consumers”.

The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its […]

London, UK, Jan 31, 2022 - (ACN Newswire) - Today, brand-new gaming blockchain and metaverse studio Emergent Games announces its formation as part of a joint venture between the London-based digital entertainment studio Maze Theory and crypto technology and operations business Pluto Digital.

The joint venture combines two dynamic forces from blockchain technology and immersive gaming to form a business at the forefront of the new decentralised gaming sector.

Maze Theory comprises industry veterans from leading global games and entertainment companies and has released critically acclaimed games across virtual reality, PC, mobile and console, including: Doctor Who: The Lonely Assassins (mobile and console) and Doctor Who: The Edge of Time (VR) with Peaky Blinders: The King's Ransom (VR) launching soon.

Pluto Digital is a crypto technology company with market-leading expertise across blockchain, decentralised finance (DeFi), metaverse technologies and non-fungible tokens (NFTs). Pluto has three primary business units: Pluto DeFi which creates leading DeFi applications and tokens, Pluto Metaverse which creates metaverse technologies and tokens, and Pluto V which invests globally in leading web3 and NFT projects. The company has a team of 16 tech engineers.

Pluto will provide an investment pipeline for the new joint venture and has invested £4m as part of the deal to enable the studio's growth and consolidate its expertise in VR.

With a 'game first' philosophy, Emergent Games will offer players high quality, high production value games, jargon-free and easy to pick up and play. It's ambition is to bring free-to-play mechanics to the blockchain gaming space, offering players the option to just play for fun, or engage with the crypto NFT element and earn real money.

Emergent Games' first project, Resurgence, will take players on a journey from present day disaster to a post-apocalyptic future. The game gives complete control to the player to craft their own destiny by utilising resources in a unique community-based survival concept.

Ian Hambleton, CEO of Emergent Games, says: "Emergent Games has a strong 'game first' philosophy which means creating absolutely awesome games for all gamers, with an optional crypto element, enhancing the experience for those interested. We believe this approach is not only the right thing to do, but removes barriers for players moving into blockchain games."

He adds: "Story-living is a term we coined for the concept and technology driving our games. It's where players are inside a virtual world making meaningful choices that drive the narrative. Bringing this into a massively multiplayer online role-playing game (MMORPG) will offer new and incredible experiences for players and form a significant role in the future of gaming."

Brian Kinane, director of Pluto Digital Plc, says "We are tremendously excited to become the largest investor in Maze Theory and partners in the new studio, Emergent Games. We believe the combination of our high end blockchain engineering and token capabilities together with the gaming creativity of the Maze Theory team will create a leading next generation web3 metaverse gaming studio".

Follow Emergent Games' latest updates by visiting www.emergent-games.io and www.resurgence-game.io and join the community.

Twitter:
www.twitter.com/resurgencegame

Instagram:
www.instagram.com/resurgencegame

Facebook:
https://www.facebook.com/Resurgence-111662718067482

Reddit
https://www.reddit.com/r/resurgence_game/

About Maze Theory

Maze Theory is an immersive gaming studio led by experienced industry veterans from the world's top entertainment companies.

Recent expansion has seen the business grow to over 40 people with the team comprising multiple award-winning developers and creatives. The studio believes in delivering unforgettable stories through innovative, multi-tech and multi-platform narrative experiences that go beyond mere gaming and re-define the future of entertainment.

The game portfolio includes the first ever Doctor Who VR game Doctor Who: The Edge of Time and award-winning found-phone horror game Doctor Who: The Lonely Assassins, which launched in 2021 to massive critical acclaim, heralded as 'the best Doctor Who game ever'.

Maze Theory are also working on the first ever VR game for Peaky Blinders, The King's Ransom, as well as developing their new VR game ENGRAM. More soon-to-be announced projects are in the pipeline.

For more information visit https://www.maze-theory.com

About Pluto Digital

Pluto Digital is a Web3 decentralised technology company with market-leading expertise across blockchain, Decentralised Finance (DeFi), metaverse technologies and non-fungible tokens (NFTs). Pluto has three primary business units: Pluto DeFi which is creating leading DeFi applications and tokens; Pluto Metaverse which is creating metverse technologies, games and tokens; and Pluto V which is investing globally in leading web3 and NFT projects. Pluto's mission is to launch a market-leading suite of DeFi applications and blockchain-based games that connect the crypto world with global finance and gaming communities.

For more information visit https://plutodigital.com

Media Contact
Company: Emergent Games
Contact: Penrose Tackie
Email: [email protected]
Website: http://www.resurgence-game.io

SOURCE: Emergent Games

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Since their inception in 2015, non-fungible tokens – or NFTs as they are better known – have developed rapidly, disrupting the art world and other industries, while raking in a significant amount in revenue.