Exploring Investment News and Industry Challenges in Gaming and Web 3

The chapter delves into recent investment news in the gaming industry, including a South Korean games developer securing pre-series A funding for their Web 3 shooter game and a Hong Kong-based Web3 UGC platform raising $20 million in convertible debt funding. Discussion also includes the challenges faced by companies navigating blockchain technology, recent studio closures, Tencent's game support, and upcoming game releases. The speakers question pricing strategies for premium mobile games and express skepticism towards launching console-level games on mobile platforms.