The next evolution of crypto gaming?

More: We hear the thoughts of a gaming industry veteran about crypto games and a look at the rough six months of Shiok Meats. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we look at: - [The gaming industry veteran who’s aiming to transform crypto games]( - Shiok Meats and its not-so-shiok past six months - Other newsy highlights such as layoffs at LinkedIn. --------------------------------------------------------------- Hello {NAME} As someone who’s played and loved video games since I was seven years old, I feel like almost any time the industry is talked about in a business sense, it feels utterly disconnected from the players. Whether it’s the normalization of downloadable content or microtransactions, it seems like people now think about the business behind video games before even considering what makes a title fun or interesting. That’s why we end up with a bunch of dumpster-level crap, particularly on mobile, because the approach is ass backwards. (It’s also why almost everything I play now comes from indie developers - because I think that’s the only remaining bastion of games being actually developed for players instead of being seen as “potential revenue sources.”) To be fair, the traditional games industry isn’t great either. It’s rife with toxic work environments and ridiculous amounts of crunch time. I don’t have a solution to any of this - I guess I just felt like ranting a bit. It’s pretty disheartening to think about the industry sometimes. Anyway, today’s premium article is about a company that’s looking to make the use of NFTs in video games more accessible. Read on to find out more. -- Winston  ---------------------------------------------------------------  THE BIG STORY [From NFT gating to Web 2.5: how Nazara’s ex-CEO is tackling crypto games]( Armed with a fresh strategy, gaming veteran Manish Agarwal is shaking things up at IndiGG, which his new venture acquired via a token swap. --------------------------------------------------------------- TRENDING NEWS [Shiok Meats lost 50% of team over last six months, CEO says]( Sandhya Sriram shared that the company had trouble scaling up seafood meat alternatives and has since shifted its focus to cell-based red meat. [Volopay targets break-even by 2025 as revenue grows 2.5x in the last 13 months]( Since securing its series A funding in December 2021, Volopay has seen a fourfold surge in both its payment volume and revenue. [LinkedIn slashes over 700 jobs amid slower revenue growth]( Additionally, the company plans to shut down its China-focused job application platform. [This chief product officer talks about how he stumbled into the product world]( Jeff Pan went from ditching spreadsheets to building logistics platforms for Teleport. ---------------------------------------------------------------  LISTICLE OF THE DAY [50 rising startups in Israel]( Check out this constantly updated list of startups in Israel that have recently raised funding. ---------------------------------------------------------------  TECH IN ASIA'S CRYPTO QUIZ So, how much do you know about crypto? In the wake of the crypto sector’s ups and downs over the last year, we published a quiz a few weeks ago that put our community’s knowledge about the subject to the test. We promised to share some details about how people fared with the quiz in today’s newsletter, so here we go: - The big picture: The Tech in Asia community sure knows crypto - 68% of our quiz-takers scored at least 7 points out of the possible 8. Around 24% got full marks, and no one scored anything below 4/8. - The one that got away: The question that tripped up our readers the most was “Which of these is not something a stablecoin can be pegged to?”, with 44% getting it wrong. The most common incorrect answer was “an algorithm,” but there is a class of stablecoins that’s pegged to algorithms - the infamous TerraUSD (UST) is one example. - Something interesting: Crypto derivatives proved to be a tricky topic for our audience - most of our top-scorers fumbled in this area. That’s no surprise though, given how derivatives can get complex real fast. We hope that you had fun with our quiz and learned a thing or two about crypto in the process. And if you missed it, fret not - you can give it a go [right here](. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this form](. Our team will get back to you by the next business day. - MyTravelThru - [MyTravelThru applies advanced technology to customer transferring services worldwide]( In the context of rising customer shuttle services, MyTravelThru highlights themself by entering the market with high-quality technology and services. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Product Development Conference 2023]( from May 16 to May 17 Tech in Asia’s Product Development Conference is back! This year’s edition, which will be held in person in Jakarta, will feature over 20 industry leaders, experts, and innovators sharing the latest trends and strategies that can accelerate product development growth. [Register now]( to get 40% off (get additional discounts exclusively for TIA subscribers)! - [Tech in Asia’s Founders Meetup: Malaysia on May 23]( Our networking event, Founders Meetup: Malaysia, is happening in Kuala Lumpur on May 23 at WIP on the Park at Marc Residence. Join us and share the hardest challenges you’ve faced as a founder. To help you find solutions, we’ll introduce you to fellow founders who have been there and done that. Register today! ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Angular Developer]( at IDstar Cipta Teknologi Jakarta, Indonesia - [.Net Developer]( at SIGMATECH Jakarta, Indonesia - [Design & Content]( at UENA Jakarta, Indonesia - [Lead Product Manager (Jakmall.com)]( at Gulf Test Jakarta, Indonesia - [Backend Developer (Operational)]( at Bangunindo Teknusa Jaya Jakarta, Indonesia - [IT Partner]( at PT Qerja Manfaat Bangsa Surabaya, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. 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