Original - Odaily
Author - Loopy
In the new cycle of 2024, what other areas of innovation will lead narrative iteration and create the next Alpha track? Full-chain gaming may be one of the tracks with the most potential, and reports from multiple top investment institutions are conducting in-depth research. From an infrastructure perspective, the current blockchain technology and second-tier networks are becoming increasingly mature and are sufficient to support the operation of full-chain games; and from a narrative perspective, putting all game assets and game logic on the chain to increase transparency has opened a new window for crypto games. The idea is different from the current centralized GameFi.
Currently, full-chain games are mainly focused on by a small group of geeks, focusing on the second-layer network RedStone created by Lattice, the founding team of Dark Forest Games. Recently, more and more projects are involved in the development of full-chain game engines. Odaily discovered a project that is transforming the full-chain game ecosystem this year, Web3Games.com.
Web3Games.comStarting from 2021, we are committed to integrating decentralized blockchain technology with games, giving players real ownership of game assets, improving game transparency, and providing developers with easier-to-use blockchain development tools. After three years At that time, it was almost the only project that delivered technical infrastructure applications and game products at the same time. Their team officially announced that it will focus on the full-chain game ecosystem in 2024 and bring their full-chain game second-layer network W3GamezNetwork, which is invested by the NEAR Foundation, developed based on OPStack and uses NEARDataAvailability (DA).
Starting from the infrastructure for putting game assets on the chain
As early as 2021, Web3Games.com has begun building a game infrastructure platform on Polygon. At the beginning of 2022, Web3Games.com completed US$4 million in financing led by DAOMaker. As an encrypted game ecosystem, Web3Games.com started with putting game assets on the chain in the past two years. The first thing it did was to create a player platform that can cooperate with encrypted games and provide game asset trading services. Just like Steam for encrypted games, this platform is It provides players with a one-stop experience of playing crypto games.
The core applications of the Web3Games.com game platform include: game NFT market, game token Swap, game project Launchpad and player login solution.
Web3Games.coms NFT market provides gamers with a place to trade game assets. Players can seamlessly buy and sell rare in-game items, character skins, weapons and other NFTs. W3GSwap is an AMM protocol token exchange service based on UniswapV2, which allows users to safely exchange game tokens within the ecosystem. Launchpad allows developers to raise funds through token sales to support their gaming projects. This provides developers with an opportunity to interact directly with investors and the player community, while also providing investors with the opportunity to participate in early-stage game projects. Web3Games.com Login is a user-friendly solution designed to simplify the process of joining the world of crypto gaming for new players. The solution is now used by several games on the platform and is also provided to some new crypto game developers.
Web3Games not only provides the necessary development tools, but also creates a vibrant community of players and developers.
From a game developer’s perspective
Web3Games.com not only provides necessary game asset trading applications, they are also a professional game development team, and have established Web3Games.comStudios for this purpose. The team develops encrypted games themselves, showing developers how to use this infrastructure and blockchain technology to build interesting game works. The team has launched four mobile crypto games in two years, such as Crypto Empire Match 3 Battle, DEBEATS Music Master, W3POKER Texas Holdem and Guardians of Arcanum tower defense games, which not only demonstrates the potential of blockchain technology in traditional game design, but also provesWeb3Games.comThe team’s ability to deliver.
Thoughts on transforming full-chain games
In the crypto gaming space, performance and cost are two key challenges. In traditional GameFi products, the common processing method is often to only upload assets to the chain, while the game logic is still processed on the centralized server. Game logic such as lottery, random battles and other parts cannot be completely transparent. Players There will be doubts in the community. Therefore, after two years of experience in in-depth development of game assets on the chain, the team is more convinced that it must make products that are different from traditional GameFi and should develop into full-chain games.
Previously, performance issues have limited the implementation of full-chain games due to the high gas costs and low processing speeds of major mainstream chains. As Layer 2 solutions mature, Rollups and off-chain Data Availability provide an innovative way to solve these problems. They significantly improve transaction throughput and reduce costs by processing transactions and data off-chain and then submitting the results to the main chain in batches, while inheriting the security of the main chain.
Web3Games.com recognized the importance of layer 2 network technology and decided to make it the core of future development and launch a new roadmapWeb3Games.com2.0. Focusing on building a completely on-chain game ecosystem and betting on the FOCG (Fully On-Chain Gaming) track, Web3Games.com launched the W 3 Gamez Network, a second-tier network focused on games, developed based on the OP Stack framework and using NEAR for data Availability (DA), making the on-chain cost the lowest on the market, allows game developers and players to take full advantage of Layer 2 and Rollup technology. This will not only make the game more economically viable and lower the entry barrier to full-chain games, but will also provide players with a more transparent and fair gaming experience.
The solid deployment of game assets on the chain in the early stage has enabled the project to not only accumulate sufficient experience, but also have a clearer understanding and judgment of the entire encrypted game market, and be able to better promote the next development.
Layer 2 new chapter
In addition to launching a second-tier network and cooperating with game developers to create more full-chain games, Web3Games.com will also issue their WGT and W 3 G tokens in 2024.
Web3Games.com Token ($WGT) is the functional and governance token of the gaming platform, designed to incentivize and reward activities that support the Web3Games ecosystem, including being used as a payment currency within the ecosystem, staking to obtain rewards, participating in community governance, and more.
The W3 Gamez Network token ($W 3 G) is the native token of the second-layer network and is used as the gas transaction fee and governance token of the second-layer network. W3 Gamez Network has launched the test network, and $W 3 G tokens areThe Web3Games.com platform conducts public sales, with a single price of 0.02 USDC, a target of raising US$400,000, and a token valuation of US$20 million.
It is planned to go online at the end of January 2024.
W 3 Gamez Network has so far received two rounds of financing totaling US$4 million from investors including NEAR Foundation, DAO Maker, LD Capital, NGC, etc. The team has cooperated with NEAR many times before and jointly provided blockchain technology solutions to Alibaba. W 3 Gamez Network is also the first second-layer game network to use NEAR DA technology. Looking forward to 2024, the Web3Games.com platform will fully focus on the field of full-chain games, and the launch of W 3 Gamez Network will become a new milestone in the development of the full-chain game ecosystem.
Through unique blockchain solutions, comprehensive ecosystem and innovative developer services, Web3Games.com is actively leading the gaming industry towards the future of full-chain gaming. This not only provides unprecedented opportunities for game developers, but also provides players with a richer and more transparent gaming experience. In the near future, we look forward to witnessing the Web3Games.com team bringing more surprises to players in the field of full-chain games.