Web3Games raised $4 million in funding to develop next-generation blockchain games
In the pursuit of building a successful Web3 gaming infrastructure, many companies are leveraging rapidly evolving blockchain technology in new and creative ways. One of the leaders in this is Web3Games, which earlier this year secured $4M in funding to launch its integrated platform for blockchain games.
Established in June 2021, Web3Games demonstrated its bona fides by working with Alibaba to complete their so far only NFT issuance through one of their brands (see details). Building on this success, and after securing the necessary funding, Web3Games will soon launch its IDO on DaoMaker.
According to the founder, Web3Games’ vision is to “Return digital ownership of in-game items to players”.
“I’m also a gamer and understand the problems with traditional gaming. Many games will remove all player information after the game is closed. These are all the players’ memories and achievements. It makes me realize the importance of digital ownership.” – KK Chen
By harnessing the potential of NFTs and DeFi, Web3Games offers a next-generation gaming ecosystem where players and developers can take ownership of their gameplay. The project provides a variety of solutions – such as blockchain networks, development frameworks and tools that allow developers to manage and players to play their own games.
Web3 game development
One of the main challenges in creating this ecosystem is providing Web2 developers with the necessary infrastructure to adapt to Web3. Many Web2 developers do not have experience with Web3, an obstacle that can make the transition difficult.
Web3Games helps developers overcome this obstacle with their API-as-a-service protocol, specifically built to help Web2 game companies seamlessly integrate into the blockchain. The protocol allows developers to easily access and distribute on-chain assets such as NFTs and game tokens, providing high efficiency and low cost for games integrated on Web3. Through the Web3Games protocol, game developers are given the freedom to access and distribute blockchain resources, encouraging game studios without Web3 experience to take the plunge by massively simplifying the process.
Attracting players to a Web3 world
Beyond attracting developers, Web3 Gaming is also working hard to attract players. Web3Games has developed its Studios as a hub to promote upcoming blockchain games and digital culture by attracting developers who have worked on successes such as Call of Duty, Diablo and more. Their experience and talent is seen as a key draw for new players.
Web3Games Studios to launch over 6 games in 2022, including a Match-3 fighting game– CryptoEmpire; a poker NFT game – W3POKER; a tower defense game– Guardians of the Arcanum; and a web3 music game – DEBEATS. The variety of genres and games are designed to suit all different types of players, expanding the user base.
In addition to the history of the developers working at Web3Games Studios, the portal also aims to draw in new players by acting as Web3 version of Steam – a one-stop shop where players can share, discuss, vote on projects and easily access games produced by Web3Games studios and other game companies.
On the portal, the players’ profile – theirs Player ID – are linked to users’ e-mail, social media and wallets in various chain networks. Players can log in via email and do not need to import private keys. This provides more convenience and security, and an easy way for users to access their virtual assets. Both ease of access for players and the launch of a wide variety of games are designed to encourage players to join the Web3 revolution.
A Web3 gaming ecosystem
The Web3Games platform is designed for playing, creating, developing and “all things blockchain games”. Web3Games is based on 4 core products: Protocol, Portal, Studios and Chain;
Protocol is designed for developers to use in conjunction with blockchain technology, and Studios offers additional support and collaboration with game developers to create streams of immersive blockchain games. The games are distributed and accessed by players through the portal, which also provides a setting for token and NFT sales. Web3Games’ proprietary Chain is the backbone of the platform, a substrate-based solution for a faster, more secure blockchain gaming experience.
Web3Games is dedicated to lowering barriers to entry into the Web3 world, simplifying blockchain integration for developers and attracting players with premium products. Web3Games delivers on the promise of increased accessibility and convenience offered by Web3 by creating a complete gaming ecosystem, a hub and support system for both players and creators.
About Web3Games
Web3Games is an integrated blockchain gaming ecosystem that includes 4 core products: Portal, Protocol, Studios and Chain.
We aim to help traditional game developers integrate their game products with blockchain, make game resources decentralized and permissionless, and return the digital ownership of in-game items to players.
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