Plus, a modular layer-2 raised $50 million and Steve Cohen’s Point72 Ventures made a crypto investment. by Jack Kubinec /. March 17, 2024 10:00 am. REDPIXEL.PL/Shutterstock modified by Blockworks. Web3 gaming startups not named Axie Infinity don’t tend to pull show-stopping funding rounds, but there’s a fairly constant trickle of investment into various games and developer studios.. That trend continued this week as a host of companies integrating gaming with Web3 announced funding rounds.. Gaming studio Carbonated announced $11 million in funding this week alongside the early access playtest of its NFT-enabled mobile shooter game MadWorld. The round was led by South Korean gaming firm Com2uS.. MadWorld is set in a post-apocalypse world where gamers battle to control plots of land tokenized as NFTs. a16z participated in the round, and also invested in Carbonated in 2020.. Read more: A16z’s crypto ideas list for 2024 spotlights AI, gaming. The developers of the massively multiplayer online game MetaCene announced a $10 million Series A round with participation from The Spartan Group, Animoca Ventures and others. This follows on $5 million in seed funding MetaCene raised in July 2023.. The Singapore-based gaming company boasts many of the typical Web3 gaming integrations alongside “social guild DAO governance.” The game is still in alpha testing for whitelisted participants.. On the infrastructure side, Blockus raised a $4 million pre-seed for a service helping game developers add blockchain-enabled features. Blockus participated in a16z’s crypto startup accelerator, though the VC did not apparently participate in the round.. The potential for modular blockchains is a buzzy topic among developers, and one firm cashed in on the concept this week. The modular layer-2 blockchain Eclipse raised a $50 million Series A, Blockworks reported. Placeholder Ventures and Hack VC led the round.. Modular blockchains divide up the different tasks carried out by blockchains into different layers, as opposed to monolithic chains like Bitcoin where the same set of nodes do everything.. Despite Ethereum’s fee-reducing Dencun upgrade this week, Eclipse will continue to use high-throughput network Celestia to post its transaction data, founder Neel Somani told Blockworks. The chain is expected to go to mainnet next quarter.. Zk proof-focused infrastructure firm Polyhedra raised $20 million at a $1 billion valuation.. Steve Cohen’s Point72 Ventures led a $10 million round in D2X, which is launching an EU-based derivatives exchange.. Data computing for blockchain startup Clique announced an $8 million Series A.. Web3 social platform UXLink raised $9 million.. Don’t miss the next big story – join our free daily newsletter.. Tags. Funding. Gaming. modular blockchains. NFTs. Newsletter. Blockworks Daily. Upcoming Events. Digital Asset Summit 2024. Hilton Metropole | 225 Edgware Rd, London. Mon – Wed, March 18 – 20, 2024. Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.. learn more. Day 0x. HYATT REGENCY SALT LAKE CITY. TUES, OCT. 8, 2024. Guided by the expertise of Blockworks Research Analysts team, this one day event will feature senior leaders, entrepreneurs, and developers from across the crypto industry. Attendees will have the opportunity to participate in an immersive experience to explore the latest trends, . . learn more. Permissionless III. Salt Lake City, UT. WED – FRI, OCTOBER 9 – 11, 2024. Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains . . learn more. recent research. Research. The Avalanche Network is well on its way to becoming the best platform to build high-performance blockchains that can seamlessly interact with each other, and the strong focus on performant and scalable blockchains will likely be Avalanche’s competitive advantage.. by Dan Smith. more from news. Select a tab. 97.5% of swappers with trades under $125,000 did better on layer-2s than on Ethereum mainnet. by Bessie Liu /. March 15, 2024. Nigeria and Binance continue to face off, even after Binance pulled support for the naira. by Katherine Ross /. March 15, 2024. Stocks and cryptocurrencies have been on the decline since Thursday, although analysts say this week’s bad economic reads should have caused a bigger selloff. by Casey Wagner /. March 15, 2024. The planned $87 million deal follows Marathon’s purchase of two mining facilities in January. by Ben Strack /. March 15, 2024. There’s not quite blood in the streets, but things are looking mighty red for crypto. by David Canellis /. March 15, 2024. Cetera to allow its financial pros to implement BTC products offered by BlackRock, Fidelity, Invesco and Franklin Templeton into client portfolios. by Ben Strack /. March 15, 2024