Ethereum-based gaming franchise Illuvium has announced a collaboration with Virtuals Protocol to integrate AI agents into its non-playable characters (NPCs).

Illuvium partners with Virtuals to integrate AI-driven NPCs, enhancing player experiences with dynamic interactions and emergent storytelling across its blockchain-based gaming ecosystem.

Blockchain gaming platform Illuvium entered into an agreement with Viruals Protocol on January 7 to enhance its gaming experience using AI agents.

Illuvium says the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player's actions.

Illuvium has announced a strategic partnership with Virtuals.io to integrate cutting-edge AI technology into its upcoming MMORPG, Illuvium MMO Lite.

Key Points of the News: Illuvium has formed a partnership with Virtuals Protocol to integrate artificial intelligence (AI) into its Web3 games. The collaboration will enable the creation of autonomous NPCs powered by the G.A.M.E Framework, improving interactivity and personalization of the gaming experience.

This collaboration places Illuvium at the cutting edge of gaming technology. This combines immersive gameplay with AI-driven innovation.

Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of.

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.

The firm's founder has stressed that the layoffs are not financially motivated.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.

Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.

Despite a recent pullback, AXS is set for a strong recovery.

Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.

Two popular tokens, Axie Infinity (AXS) and Sandbox (SAND), have seen significant price increases recently. This uptick comes as the entire crypto market experiences a rally, with Bitcoin testing the crucial price level of $69,000.

New interest in crypto gaming has play-to-earn game Axie Infinity (AXS) up as bulls celebrate upside momentum. It's an outlook that's also catalysed interest in Dogizen (DOGIZ). This tap-to-earn game has captured investor attention with the first-ever Telegram ICO.

The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.

AXS Unlock date - Oct 14th 2024 Number of tokens unlocked- 12.58 million AXS (4.66% of its circulating supply) Current Circulating Supply - 152.23 million million AXS Token distribution Staking rewards - 2.45M tokens (3.13%) Teams - 5.74M tokens (10.1%) P2E - 2.70M tokens (5%) Ecosystem - 1.69M tokens (7.81%) Source - cryptorank.

Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.

The Web 3 game Axie Infinity saw an increase of 11.34% of its staked AXS in one year. From October 1st 2023 till October 2024, the amount of staked AXS has gained 5,956,719 AXS.

The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.

Contrary to the anticipated “Uptober” rally, the cryptocurrency market has experienced a significant downturn, largely driven by geopolitical tensions in the Middle East. Major assets have seen their values decline, with some retesting multi-week lows.

TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.

The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.

Story Highlights The live price of Axie Infinity is . AXS price could trade as high as $10.12 by 2024. Axie Infinity with a potential surge could go as high as $53.16 by 2030. One of the growing trends in the crypto verse is blockchain gaming.

Illuvium officially launches its Open Beta on Immutable (IMX), offering a unique web3 gaming experience with high-quality graphics and immersive gameplay.

Samsung and Illuvium join forces to bring the Illuvium universe to life on Samsung Web3 TVs. The GEN3RATOR campaign will further merge Samsung and Illuvium communities, featuring exclusive NFTs.

On August 8, blockchain-based game developer Illuvium announced a strategic partnership with Samsung. The collaboration, set to debut at the upcoming Gamescom 2024 event, will see Illuvium featured at the Samsung booth to showcase the future of next-generation gaming.

Ronin Bridge, an Ethereum sidechain built for the popular play-to-earn non-fungible token game Axie Infinity, has been hacked. The hack caused 3,996 Ethereum (ETH) worth approximately $9.33 million to be lost.

The Wild Noctid Chase in Axie Infinity Homeland Avatar Mode gives players a chance to win AXS, Land Items, and SLP.

After an Open Beta Test that ran from 17th July – 24th July, the Homeland Avatar mode in Axie Infinity is now live for all players. All data from the beta test has been reset, and players can now start fresh with a new account.

The crypto market exhibited mixed signals in the month of July: many altcoins noted exceptional growth while other suffered.

The highly anticipated interoperable blockchain game Illuvium has been released on the Epic Games store. Players can download the game client from Epic Games, watch the cinematic introduction, and complete the tutorial.

The Open Beta Test for the Axie Infinity Homeland Avatar Mode has come to an end. The team is now implementing bug fixes in the base game, and more announcements can be expected next week.

Illuvium's ecosystem launch could revolutionize Web3 gaming by integrating cross-game progress and blockchain-based asset ownership. The post Illuvium set to launch its gaming ecosystem in July 25th appeared first on Crypto Briefing.

In the latest YouTube video, the well-known crypto expert, Alex Becker, discusses the market pumping for the first time in a millennium and how it has been coming.

Axie Classic Competitive Season 4 is now live and will run until 19th August. During this 4-week season, guilds can battle and climb the guild leaderboard for a chance to win rewards from a prize pool of 10,000 $AXS.

With potential interest rate cuts on the horizon, adjust your portfolio by identifying high-risk altcoins to sell amid ongoing turbulence.

Worldcoin's value has fallen about 80% since its peak, but the project will soon begin to double its rate of daily token unlocks.