Games
Animoca Brands opens first office in the Middle East, appoints Web3 veteran Omar Elassar as MD
Hong Kong-based gaming firm Animoca Brands announced Tuesday its official expansion into the Middle East, with a presence in Dubai, United Arab Emirates, to meet the growing demands of Web3 organizations moving into the region.
The company has also appointed Omar Elassar as managing director for the Middle East and head of global strategic partnerships.
Omar will oversee the company’s Middle East growth and operations, and will play a key role in advancing Animoca Brands’...
Amid stiff competition, game developers tap into new user acquisition models, empowering players to earn rewards from their favorite games
For years, mobile gamers have poured hours into their favorite titles—grinding, ranking up, collecting skins—only to walk away with nothing but screen time. Meanwhile, a wave of gaming finance (GameFi) projects promised rewards but delivered clunky gameplay, complex wallets, or worse—low-quality games that weren’t even fun or never launched at all.
CryptoZoo, Blockverse, and Ubisoft’s Champions Tactics are just a few examples of GameFi projects that failed to...
Malaysia announces incentive programs to boost digital creative industry
Malaysia is targeting stronger global stage presence with fresh funding and incentive programs for games, animation and metaverse.
The Malaysia Digital Economy Corporation (MDEC) said in a statement on last Friday that with the country’s rapidly maturing digital creative industry — spanning animations, films and video games — emerging as a key driver of economic growth, the agency has announced a series of incentive programs aimed at advancing industry development and...
The pay behind play: Evolving content monetization
Mobile gaming is a lucrative industry, projected to reach $270 billion by 2032. Surpassing the combined value of the video and music industries, mobile gaming’s growth is moving full steam ahead. Its ubiquity has transformed how we play and, crucially, how we pay.
Forget one-time purchases; gamers today transact frequently in a free-to-play world. Yes, you heard it right – gamers are spending money. They’re investing in their experiences, and in return, they demand choice,...
Malaysia’s Hoopi closes seed funding round spearheaded by Creative Gorilla Capital
Hoopi Holdings Pte Ltd, a collectibles and trading cards platform based in Malaysia with Indonesia presence, has successfully secured its maiden institutional funding round led by Creative Gorilla Capital (CGC), a Jakarta-based venture capital firm that invests in early-stage consumer-facing businesses.
CGC said in a statement on Wednesday that the investment has enabled Hoopi to expand its platform’s user ecosystem and core services, facilitating strategic growth across the Southeast...
AEON Bank partners Malaysia Esport Federation to nurture E-Sports talents among local youth
Malaysian Islamic digital bank AEON Bank (M) Berhad and electronic sports governing body Malaysia Esports Federation (MESF) have teamed up to nurture E-Sports talents among local youth.
The duo said in a statement on last Friday that they have recently signed a memorandum of understanding (MoU), alongside two other strategic partners—Takaful Malaysia (Syarikat Takaful Malaysia Am Berhad) and Retromania.
The key scope of the MoU is to further develop and empower the esports industry,...
Game studios turn to Unreal Engine 5 as proprietary tools fall from favor
Even top-tier studios are embracing third-party engines like Unreal Engine 5 to address the evolving demands of modern game development.
In recent years, the gaming industry has witnessed a significant shift: AAA game developers are increasingly partnering with third-party commercial engines.
At the 2024 Game Awards (TGA), 2K Games and its developer Hangar 13 announced they would abandon their proprietary Fusion Engine in favor of Unreal Engine 5 for the latest Mafia...
Bilibili’s UP100 crowns gaming as the comeback category of 2024
Gaming content creators reclaim the spotlight in Bilibili’s 2024 UP100 list.
On January 3, Bilibili unveiled its latest UP100 list, recognizing the platform’s top 100 creators for 2024. This marks the seventh consecutive year of the annual selection process, which began in 2018. As in the previous two years, Bilibili evaluated creators based on three key criteria: professionalism, influence, and innovation.
The announcement stirred mixed reactions among users. Discussions...
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Ekuinas invests in Malaysian cybersecurity firm Bluesify
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Chinese-founded crypto exchange OKX expands into US market
Chinese-founded crypto exchange OKX has expanded into United States market.
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U Mobile appoints EdgePoint as 5G IBC infrastructure partner for upcoming 5G rollout
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This chocolate strawberry tart is perfect for Valentine's Day, Easter or if you're like me,...