{"id":441774,"date":"2025-11-08T04:13:49","date_gmt":"2025-11-08T04:13:49","guid":{"rendered":"https:\/\/arcader.org\/gala-games-announces-100-million-blockchain-fund-alongside-new-play-to-earn-games-from-peter-molyneux-will-wright-and-more\/"},"modified":"2025-11-08T04:13:49","modified_gmt":"2025-11-08T04:13:49","slug":"gala-games-announces-100-million-blockchain-fund-alongside-new-play-to-earn-games-from-peter-molyneux-will-wright-and-more","status":"publish","type":"post","link":"https:\/\/arcader.org\/news\/gala-games-announces-100-million-blockchain-fund-alongside-new-play-to-earn-games-from-peter-molyneux-will-wright-and-more\/","title":{"rendered":"Gala Games Announces $100 Million Blockchain Fund Alongside New Play-To-Earn Games From Peter Molyneux, Will Wright, And More"},"content":{"rendered":"\n

\"\" <\/p>\n

Gala Games announced over the weekend during its Galaverse event that it has launched a $100 million blockchain gaming fund with C2 Ventures.\u00a0<\/p>\n

Gala Games is an NFT-focused gaming startup led by Zynga co-founder Eric Schiermeyer, and it\u2019s teaming up with C2 Ventures, a new crypto investment firm, to invest in game developers interested in developing new titles and expansions around blockchain technology. This includes NFTs, play-to-earn games, and more.\u00a0<\/p>\n

\u201cThe joint fund will invest in game developers and emerging projects building with blockchain technology, including but not limited to play-to-earn, GameFi, metaverses, and other decentralized gaming solutions,\u201d a Gala Games press release<\/a> reads.<\/p>\n

During the weekend\u2019s Galaverse event, Fable creator Peter Molyneux announced his next game. Titled Legacy, it\u2019s described as a \u201cblockchain business sim\u201d and it\u2019s due out next year.\u00a0<\/p>\n

At first glance, Legacy seems like a standard sim: design, make, trade, and compete are the pillars of the game, according to the reveal blog post. It doesn’t take long for the pitch of Legacy to veer into NFTs, cryptocurrency, and more, however.\u00a0<\/p>\n

\"\" <\/article>\n

\u201cOwning a Land NFT allows you to start your own in-game blockchain business association in Legacy,\u201d the post reads. \u201cYou will be able to play Legacy, while earning and owning your gameplay. Crucially, as a business association owner, you will have access to Legacy Keys. These items can be lent to other people who want to start an in-game business in Legacy, making them your in-game Business Partners. As part of your association, they will share a portion of their earned LegacyCoin with you.\u201d\u00a0<\/p>\n

Speaking of LegacyCoin, the reveal describes it as a \u201ccurrency that enables the innovative blockchain experience that is Legacy to exist.\u201d It\u2019s a new cryptocurrency lying on the Ethereum blockchain \u201cwhich complies with the tried and trusted ERC-20 token standard.\u201d\u00a0<\/p>\n

Blockchain games and NFTs have drawn heavy criticism in the industry thus far due to their part in ongoing environmental damage. The use of cryptocurrencies, which are often used to purchase NFTs, and the mining of said currencies results in millions of carbon dioxide emissions, damaging Earth\u2019s atmosphere, as reported by The Verge<\/a>. Ethereum, one of the most-used cryptocurrencies and the one used at the foundation of Legacy, is working on something it calls \u201cThe Merge,\u201d which it says will \u201cstart the era of a more sustainable, eco-friendly Ethereum<\/a>.\u201d Only time will tell how green Ethereum becomes, though.<\/p>\n

LegacyCoin is at the base of Legacy, according to the post, as it\u2019s how players will acquire Legacy keys for lending, and it\u2019s how players will trade within the game\u2019s economy while acquiring \u201cexclusive item NFTs.\u201d\u00a0<\/p>\n

\u201cLegacy is a game that leverages player ownership, play-to-earn, lend-to-earn, highly functional NFTs and a truly unique community driven economy\u2026and this is just the beginning,\u201d the blog post reads.\u00a0<\/p>\n

The Sims creator Will Wright was also present during the Galaverse event and there, he \u201crevealed his newly established creative partnership as he and his team at Gallium Studios will lend their extensive experience to assist in the development of Gala Games\u2019 blockchain VOX metaverse and game world from the ground-up,\u201d according to the press release. Gala says VOX NFTs are collectibles \u201cwith a real play-to-earn utility\u201d across Gala\u2019s games\u201d like Town Star and soon, Mirandus. However, it says there is not a game dedicated natively to the VOX metaverse and that Wright and Gallium Studios are going to \u201ccreate and build the Voxverse.\u201d\u00a0<\/p>\n

Gala says details of Wright\u2019s new game will be revealed in the coming months.\u00a0<\/p>\n

Elsewhere during Galaverse, AMC announced that it is partnering with Ember Entertainment to launch a \u201cnew cross-platform survival MMORPG\u201d called The Walking Dead: Empires. In it, players \u201cwill be able to purchase \u2018Dead Claims\u2019 which will give early buyers the chance to claim an ideal plot of land prior to the game\u2019s release.\u201d\u00a0<\/p>\n

Certain Affinity, which helped co-develop Halo Infinite with 343 Industries, also revealed that it\u2019s bringing a new game, Last Expedition, to the Gala Platform. Gala\u2019s press release says Certain Affinity \u201caims to pair the quality of a AAA FPS with the benefits of blockchain gaming,\u201d although further details were not revealed.\u00a0<\/p>\n

While waiting to learn more about these play-to-earn games, read about how Ubisoft recently revealed Quartz<\/a>, its platform for playable NFTs, and then check out this story about how EA\u2019s CEO says blockchain games are the \u201cfuture of our industry\u201d<\/a> after that.<\/p>\n<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gala Games announced over the weekend during its Galaverse event that it has launched a $100 million blockchain gaming fund with C2 Ventures.\u00a0 Gala Games is an NFT-focused gaming startup led by Zynga co-founder Eric Schiermeyer, and it\u2019s teaming up with C2 Ventures, a new crypto investment firm, to invest in game developers interested in developing new titles and expansions around blockchain technology. This includes NFTs, play-to-earn games, and more.\u00a0 \u201cThe joint fund will invest in game developers and emerging projects building with blockchain technology, including but not limited to play-to-earn, GameFi, metaverses, and other decentralized gaming solutions,\u201d a Gala Games press release reads. During the weekend\u2019s Galaverse event, Fable creator Peter Molyneux announced his next game. Titled Legacy, it\u2019s described as a \u201cblockchain business…<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":1,"featured_media":441775,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-441774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-game-informer"],"yoast_head":"\nGala Games Announces $100 Million Blockchain Fund Alongside New Play-To-Earn Games From Peter Molyneux, Will Wright, And More | Arcader News<\/title>\n<meta name=\"description\" content=\"Gala Games announced over the weekend during its Galaverse event that it has launched a $100 million blockchain gaming fund with C2 Ventures.\u00a0 Gala Games\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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