Bored Ape Yacht Club wins legal battle, Mandala Metaverse selects Polkadot, Square Enix partners with Elixir Games, and Cricket Stars launches on Tezos

Bored Ape Yacht Club (BAYC) creators Yuga Labs have scored a key win in their long-running court battle with Ryder Ripps, the co-creator of copycat NFT project RR/BAYC. Yuga Labs initially filed a complaint against Ryder Ripps and co-founder Jeremy Cahen back in July 2022, alleging that the duo had engaged in trademark infringement, false advertising, and unfair competition, among other things. In a pre-trial summary judgment ruling on April 21, a U.S. district court in central California found that Ripps and Cahen had infringed Yuga Lab’s trademarks with their RR/BAYC NFT collection. The Court further ruled that Yuga Labs is entitled to an injunction and damages, the latter of which will be determined at trial. The case highlights the importance of protecting intellectual property rights in the burgeoning NFT market.

In other news, Mandala Metaverse has chosen Polkadot to host its first major NFT drop on April 28. Mandala Metaverse is a story-based project that has content spanning across TV, graphic novels, gaming, and AR. Its gaming elements have been developed in Epic Game’s Triple-A quality Unreal Engine. The drop, called the “Cryptonauts,” features different avatars that will serve as playable characters in the game. The artwork was illustrated by comic artist Bruce Zick, who has worked on projects for giants such as Disney and Marvel. The decision to take the Cryptonauts NFTs to Polkadot is a significant development for the platform, which is not traditionally known for hosting gaming and NFT projects. The move underscores the potential of Polkadot’s future-proof NFT applications and its ability to offer innovative ways to use NFT assets.

In addition, Square Enix has partnered with Web3 infrastructure firm Elixir Games to bring blockchain gaming to the mainstream. The move was announced on April 19, but specific details on the partnership are sparse at this stage. Elixir Games hosts both traditional and Web3 games on its platform, and also offers Web3 distribution features for its partnered games, such as NFT sales and marketplaces. As such, Square Enix will likely take advantage of those features when launching games via Elixir. This partnership is a significant development for the blockchain gaming industry, as it brings the mainstream gaming industry closer to the world of Web3.

Finally, a free-to-play multiplayer NFT cricket strategy game called “Cricket Stars” has been launched on the Tezos blockchain. The game is being led by Tezos India, an organization that focuses on developing projects on Tezos, in partnership with esports game publisher GoLive Games. The game offers player cards that can be used to affect the game or traded on the marketplace. It also offers player vs player modes, knockout tournaments, and esports tournaments. Despite the name, no licensing deals with actual cricket stars appear to be in place. The launch of Cricket Stars on the Tezos blockchain is a positive development for the platform, as it highlights the versatility of the technology in the gaming industry.

Overall, the developments in the NFT and blockchain gaming space are indicative of a growing interest in Web3 technologies. The Bored Ape Yacht Club legal victory is a significant win for the NFT market, as it reinforces the need for creators to protect their intellectual property rights. The launch of the Cryptonauts NFT drop on Polkadot highlights the platform’s potential for future-proof NFT applications. The Square Enix and Elixir Games partnership brings blockchain gaming closer to mainstream gaming. Finally, the launch of Cricket Stars on Tezos highlights the versatility of blockchain technology in the gaming industry and its potential for broader adoption.

As Web3 technologies continue to evolve and mature, it is likely that we will see more significant developments in the NFT and blockchain gaming space. The integration of these technologies into mainstream industries, such as gaming and entertainment, is an exciting development that could have far-reaching implications for the future of digital content creation and distribution. As more creators and developers experiment with these technologies, it is likely that we will see new and innovative use cases emerge that push the boundaries of what is possible with NFTs and blockchain gaming.


Tagged : / / / / / / / / / /

Oasys Gaming Protocol Unveils Plans for Mainnet Launch in Three Phases

Oasys, an emerging EVM-Compatible gaming protocol is set to debut its mainnet and has unveiled three major phases the launch process will pass through. 


Per the announcement it shared via its blog post, the first step in the Oasys launch has kicked off today, October 25, and will see all of its initial validators resume taking the operation of all nodes and ensuring the Layer-1 protocol or the Hub-Layer functions effectively.


As Oasys revealed, it has spent the better part of the past few months inking strategic partnerships with important players spread across both the traditional and Web3.0-based ecosystems. At launch, it said it has as many as 21 validators including industry heavyweights such as Square Enix, SEGA, Ubisoft, ConsenSys, and tofuNFT amongst others.


The second phase of its push is set to commence on November 8 and the focus this time is on the integration of the Layer-2 protocol or the Verse-Layer on top of the Hub-Layer. The third phase will be ushered in on November 22 and amongst all else, it is focused on building a gaming or dashboard interface that gamers can interact with.


“The blockchain gaming ecosystem has grown rapidly over the past few years, reflecting an increasing appreciation of the value that projects such as Oasys have brought to the wider industry,” said Daiki Moriyama, Director, Oasys, “However, now is not the time to reflect on past accomplishments, but focus on the exciting possibilities of the future. The Mainnet launch is a significant step forward in creating a fully-functional, public-led gaming blockchain that will transform the gaming future and give extensive value to players and game developers alike.”

Oasys said the mainnet launch will come ahead of its token launch and that a part of its preparation includes a comprehensive audit of its codes by Quantstamp, a security audit firm that lists the likes of Solana and Cardano as its clients. The extensive audit is necessary considering the growing worry around DeFi exploitations, as well as bridges linked to gaming outfits.

Image source: Shutterstock


Tagged : / / / /

Gaming Giant Square Enix Joins Oasys in Developing Blockchain Games

On September 12, Square Enix, a Japanese game development company, announced that it has joined the blockchain game startup Oasys to jointly explore the feasibility of using user contributions to develop new games on the Oasys blockchain.

Square Enix will be the last major game publisher to join the Oasys blockchain, focusing on creating better experiences and shaping blockchain gaming.

Square Enix, a global entertainment company, has released more than 173 million Final Fantasy games.

Square Enix announced in its first-quarter earnings report this year that it plans to launch an overseas company dedicated to issuing, managing, and investing in its own tokens. The company launched its own blockchain entertainment business unit in April 2022.

Oasys is an eco-friendly blockchain built for the gaming community, providing users with fast transactions and zero gas fees.

The Director from Oasys, Daiki Moriyama said: “To partner with a respected and ambitious gaming company such as Square Enix, helps us to accelerate our collective mission to bring blockchain gaming to the masses. With our partnership, we will be able to truly bring new experiences and empower gaming fans from all backgrounds while helping to establish the next stage of growth for blockchain entertainment.”

Oasys, a Japan and Singapore-based company focused on developing blockchain games, revealed that it has secured $20 million in investments from a cryptocurrency leader on July

In June, Oasys and Consensys formed a strategic partnership to create a better end-to-end blockchain gaming experience.

Oasys is actively listing its tokens on several of the most prominent cryptocurrency exchanges and is leading the way in blockchain gaming by bringing traditional gaming IPs on-chain.

Image source: Shutterstock


Tagged : / / / /
Bitcoin (BTC) $ 26,587.12 0.06%
Ethereum (ETH) $ 1,591.03 0.10%
Litecoin (LTC) $ 64.70 0.01%
Bitcoin Cash (BCH) $ 207.66 0.05%