Game developer explains why blockchain should be ‘invisible’ in P2E games: KBW 2022
According to company president Kyu Lee, who spoke at the Korea Blockchain Week 2022 in Seoul, revealing the plan to launch a new blockchainCom2uS, the mobile game developer wants to create its own version of Web3, “where it is free to play and own. “Th
XPLA, which roughly represents the words explore and play, will be a blockchain network focused on the needs of the company’s gaming community, along with Metaverse experiences.
For Lee, blockchain was the obvious next step for the company’s presence in the gaming industry:
“It was almost unmanageable, [wouldn’t] Do you like to play a game that gives digital world ownership? I think everything is going to flow into play. And we had to put everything we have into strengthening our position in this market.”
The team behind Com2uS was able to transition to Web3 relatively quickly and create a blockchain SDK.
Lee explained that one of the downsides of entering the Web3 gaming space is the current gatekeeping. New users must purchase non-fungible tokens (NFTs), set up a wallet, and involve themselves in a centralized exchange in most cases – all before playing the game.
In the vision of Com2uS, users can just start playing without the hassle of initial integration.
“After you reach a certain level, you’ll earn virtual currency that can be converted into tokens. Then you actually download the wallet, and then it converts your assets. The purchasing approach is really different from most Web3 games out there. »
According to Lee, the team observed a positive reaction to this method during the development process: “We also noticed that the retention [rates] also increased significantly, just because we left out the ownerships that were paid to the assets. It really made a difference.”
Blockchain gaming, especially play-to-earn (P2E), is an important component of the ease of use of Web3 technologies by non-crypto people. Moreover, GameFi was barely affected by the crypto winter.
“We learned that a significant amount of new users came in to play because it had a play-and-earn aspect. I think the free-to-play market is already a revolution.”
However, the Com2uS president highlighted some unsustainable trends in the current GameFi industry.
“We noticed that many companies were issuing tokens only tied to one game. We thought that approach was simply wrong.”
The company created C2X, a Web3 gaming platform, which has “the main management token, and you would have inflatable tokens underneath for each individual game.”
Related: GameFi and Metaverse least affected by Terra debacle: Report
Since April, Com2uS has launched a total of five games on the Sequel X platform, with a run of 10 launched by the end of the year and 10 more by the end of next year.
As blockchain technology integrates with major global industries, the underlying foundation “should be invisible,” Lee says. Instead, the focus should be shifted towards content creation, it is in this area that protocols can stand out.
That is the role we want to play. We want to address the exact needs that have pushed Web2 developers to migrate into the Web3 space.”
The test net for XPLA will be launched on Tuesday, and the main net will arrive at the end of the month, according to Lee. EVM support is already in the testing phase.
