Blockchain game startup for Web3 Games Collective

Blockchain game startup for Web3 Games Collective

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Four blockchain gaming startups have formed the Web3 Games Collective to leverage their expertise in creating a wave of breakout blockchain games.

The members of the W3GC include Yield Guild Games (YGG), Game7, Magic Eden and Fenix ​​Games. The companies made the announcement at the Game Developers Conference.

The founding members will leverage their collective expertise and resources to focus on improvement
discovery, distribution and sustainable growth for blockchain games with high potential and quality
projects.

“We’ve seen an emphasis on infrastructure investment for blockchain games, and many teams are doing a good job of tackling key issues in the technology and services stack. But we also believe that a focus on bringing in more quality games and IP will ultimately drive the sector forward , as we saw with PC, console and mobile games,” Game7 core contributor Steven Chen said in a statement.

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According to DappRadar, approximately one million unique active wallets have engaged with blockchain games; a promising start, but that’s only a fraction of the world’s three billion mainstream players.

“The process of discovering and accessing Web3 games is still too complex, unlike that offered by more mature Web2 platforms such as Xbox or Apple’s App Store. Working with a DAO like Game7 and a game publisher like Fenix ​​Games enables YGG to meet the industry’s challenges by simplifying the landscape and expanding the ecosystem for mass adoption, Gabby Dizon, co-founder of YGG, said in a statement.

See also  Blockchain in Manufacturing Market is expected to grow at a CAGR of over 71.9% during 2022-2028 | Vantage Market Research

W3GC members will work together to support the growth and spread of quality Web3 games,
while reducing the space for investors, developers and other ecosystem partners.

“One of our goals is to help find and scale one of blockchain’s first megahits, like what Clash of Clans did
for free-to-play mobile games,” Rudy Koch, CBO of Fenix ​​Games, said in a statement. “We are looking for top level game developers interested in Web3.”

“Everyone in this alliance believes Web3 technology has the potential to create incredible opportunities for game developers, players and content creators,” Chris Akhavan, Chief Gaming Officer at Magic Eden, said in a statement. “That said, the Web3 gaming ecosystem is still in a very nascent state, and an alliance like this can go a long way in promoting the success of game studios that are leading the way as pioneers. We’re excited to contribute to the success of games coming from The W3GC Alliance by leveraging the Launchpad, marketplace and marketing channels to help the best web3 games in the space become smash hits.”

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