GameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M

cointelegraph.com:

Free-to-play mobile games publisher Tilting Point has entered a multiyear partnership with Polygon Studios to launch 10 Web3 games over the next two years. Polygon Studios and Tilting Point plan to help both native Web3 game developers scale their games alongside free-to-play developer partners, and studios who want to bridge from Web2 to Web3 gaming.

The first three titles in the works are interstellar strategy game "Astrokings" from Korean developer AN games, which Tilting Point acquired earlier this year; virtual slot game "The Walking Dead: Casino Slots," based on the AMC series; and "Chess Universe," by Tilting Point’s partner developer Kings of Games.

Polygon Studios CEO Ryan Wyatt shared in a statement the company's excitement about  "championing user ownership and immersive gameplay.” Founded in 2012, Tilting Point's most popular free-to-play games include "Warhammer: Chaos & Conquest," "Narcos: Cartel Wars," and "SpongeBob: Krusty Cook-Off."

Today we're announcing our partnership with @0xPolygon to bring the best of Web3 tech to our devs and their games! Read here, in Samir's own words, how this will impact our model.#metaverse #blockchain #nft #cryptogaming #TiltingPoint #raiseyourgamehttps://t.co/hW8HOTFXH6

The Tokenized Esports Asset Management decentralized autonomous organization, or T.E.A.M. DAO, describes itself as the metaverse’s first Guild 3.0. The fantasy esports nonfungible token (NFT) league recently announced a $5 million Series A round of funding co-led by Krust Universe and Animoca Brands. Other investors included Great South Gate, Shima Capital, Anti Fund, Algorand, GSR, NGC Ventures, Libra Ventures, Nexo Capital, EX Capital, CoinHako and Octava.

Krust Universe is an investment arm of South Korean