MetaMask further invests in Blockchain Gaming with HyperPlay

MetaMask further invests in Blockchain Gaming with HyperPlay

MetaMask partners with Game7 to introduce HyperPlay, a Web3 game launcher that allows users to easily carry in-game assets such as NFTs and tokens through the iconic MetaMask crypto wallet.

One of the world’s leading crypto wallets, MetaMask, showcases positive sentiment in Web3 gaming by announcing its partnership with Game7 to launch a Web3 gaming launcher, HyperPlay.

Game7 is a DAO run by the community. It seeks to create and gamify a community passionate about shaping the future by supporting builders, creators and educators. The ultimate goal is to introduce players worldwide to the wonders of the blockchain ecosystem.

The collaborative project aims to give MetaMask a foothold in the GameFi industry by creating a blockchain game launcher that can interact with users’ Metamask wallets.

The soon-to-be-launched HyperPlay will be a gaming platform that will drive GameFi through the various functions. The gaming platform will encourage blockchain game developers to build crypto-native games on its platform, making various web3 games easily accessible in one place. There are over 1550 blockchain games, ready to be played by players as of June 2022, and the number continues to increase as the months go by.

not named
Metamask UI

Users will also be able to interact with NFTs, achievements and in-game tokens in their MetaMask wallets. Accessibility and interoperability have been one of the biggest obstacles to GameFi adoption, meaning that HyperPlay’s features will effectively address some of the biggest obstacles to GameFi mass adoption.

Players will be able to take assets they have in-game and convert them to other games and, through MetaMask, use their assets from GameFi to DeFi. Also, HyperPlay is reported to be open source, ushering in a booming permissionless gaming economy with the project.

See also  Insurance industry leader, Niraz Buhari reveals the possibilities of blockchain technology in his industry

HyperPlay is certainly not the first project seeking to improve the discovery of blockchain games. Similar projects like Rainmaker game and GameSpace are similar in their ethos, which is to provide an easily accessible platform for players in the Web3 and make it easier for builders to reach their digital products to their intended consumers.

picture 6
Rmg.io

In Web3, it is more than just ensuring good in-game economies and fun mechanics, it also tries to provide easily accessible products and services and promote the technologies available in blockchain games as opposed to traditional games such as interoperability between in-game economies. , scalability in the metaverse and much more.

Metamask believes that gaming is one of the best popular use cases for its product. They are not far off, as blockchain gaming has proven to be solid despite distressed market conditions as gaming has accounted for 60% of total blockchain activity.

The latest move is a clear investment strategy betting against the possible bullish future of the GameFi industry. Metamask can also serve as a bridge for blockchain players who have not tried financial services in DeFi and DeFi investors who want to take a look at blockchain games.

Along with projects that seek to improve GameFi accessibility and interoperability like Rainmakergames, the future looks exciting for GameFi as many builders are looking to create their own versions of what game discovery could look like for blockchain games.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *