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NFTs could bridge video games and the fashion industry

TechCrunch

Non-fungible tokens (NFTs) offer new ways for consumers to collect, wear and trade fashion online, and now that most fashion shows have scaled back or gone virtual , they may become an important tool for the industry. In December 2020, NFT startup Enjin partnered with Netherlands-based fashion house The Fabricant on a virtual collection.

Fashion 357
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Admix raises $25M Series B to scale up in-game ads, and prep for Metaverse gaming

TechCrunch

The London-based company brings ads to games, e-sports, virtual reality, and augmented reality. In-game advertising at scale, where advertisers can bid programmatically through traditional ad-buying platforms, rather than relying on an ad agency model, remains an enormous area, largely under-exploited.

Games 234
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Crypto gaming firm Cauldron raises $6.6M to build ‘Pixar of web3’

TechCrunch

A number of crypto gaming firms have ramped up production in the past year with hopes of revolutionizing the growing industry. Adding to the list is London-based gaming firm Cauldron, which plans on becoming the “Pixar of web3” through a key element: storytelling. The company just closed a $6.6 The company just closed a $6.6

Games 226
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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round

TechCrunch

Carry1st , a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). A couple of prominent individual investors, including Nas and the founders of Chipper Cash , Sky Mavis and Yield Guild Games, took part.

Games 254
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Yahaha raises $40M more for its user-generated, low-code immersive gaming platform

TechCrunch

Yahaha , a Helsinki- and Shanghai-based immersive, user-generated, low-code gaming platform founded by a group of Chinese gaming vets, made a splash in January when it announced a cumulative $50 million in funding ahead of its alpha launch in April. And that’s where Yahaha comes in.

Games 165
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Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature

TechCrunch

Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. Related to this move, Epic Games’ “ Fortnite Mode” feature , which leveraged Houseparty to bring video chat to Fortnite gamers, will also be discontinued.

Games 248