Futurum Gaming’s Post

🚀Web3 Gaming Sector: A Resurgence 📈The blockchain-based/Web3 gaming sector, though still in its early stages, is showing promising signs of recovery after the downturn in 2021. This growth can be directly linked to significant increases in funding and deal volume, which reached $1.1 billion in the second quarter of 2024 alone. 💵Notable developments include a16z’s announcement of a $600 million gaming fund, Bitcraft Ventures' efforts to raise $275 million for their third GameFi fund, Arbitrum DAO’s approval of a $215 million gaming ecosystem fund, and NPC Labs raising $21 million to build gaming infrastructure on Base (Source: messari.io). 🚧However, there is a significant challenge that must be overcome in the transition of the gaming sector from Web2 to Web3. Traditional games typically operate on a pay-to-play model, where entertainment and the quality of the game are at the forefront, offering these as the main value propositions to the customer. Web3 games, on the other hand, found their distinct value and appeal in other aspects, made possible through blockchain, smart contracts, and NFTs: 1. The ability for players to manage and monetize their own data; and, 2. The ability to trade in-game assets that can be owned in the digital realm. Essentially, this means the tokenization of in-game assets, which has been a topic of much discussion. 💱These are very important features and are likely to drive rapid growth in the Web3 gaming sector at some point. However, if you notice, both features are financially motivated. 🎑In the gaming industry, creative elements and the "fun" and "virtual experience" they provide are central and very important aspects. In Web3 games, we observe that these features have either weakened or have not yet been sufficiently developed. ⏳As the sector evolves, balancing financial incentives with an engaging gaming experience will be critical to attracting and retaining both Web2 and Web3 gamers. #web3 #blockchain #gaming #digitalgames #onlinegames #tokenization #nft #assets #trade #gamefi

Mahajan, creator of hit games like Farmville and Pirate Nation, supports the incremental release of blockchain games, arguing that it enhances game quality through valuable user feedback. Despite feeling like a tease, this approach helps developers refine their products over time. Mahajan's experience with Farmville, developed in just five weeks and improved through successive updates, underscores the benefits of this method. His latest game, Pirate Nation, follows this model and emphasizes community-building during development. Sam Saliba, former VP of global marketing at Activision Blizzard, suggests blockchain games should be marketed for their entertainment value rather than their technological aspects. He believes compelling gameplay and storytelling are key to attracting a mass audience, rather than focusing on crypto rewards, which appeal to a niche audience. Saliba also notes that Web3 gaming offers opportunities for developers, especially given the recent layoffs and reduced investment in traditional gaming. Although Web3 might not always be more lucrative, it provides more creative freedom and job opportunities for developers. #web3 #crypto https://lnkd.in/gZZJYQdF

🎮 Our recent Twitter Spaces with KAP Games, and Arbitrum revealed the next big waves in #Web3Gaming: 1️⃣ Captain & Company - A revolutionary new game by KAP Games, offering a 128-player naval battle mixing Sea of Thieves and Eve dynamics, is set to redefine #Web3 accessibility. 🌊 2️⃣ Magic Labs Onboarding - Seamless entry into Web3 gaming, eliminating traditional blockchain barriers through our Wallet-as-a-Service solution.🔮 3️⃣ NFT Integration - Own and operate ships in a dynamic economic model, blending gaming with real-value rewards. 🛳️ 4️⃣ Economic Model & Rewards - A novel approach to in-game economics, enhancing risk and reward.💰 5️⃣ Arbitrum's Blockchain Solutions - Ensuring scalable, secure, and cost-effective gaming experiences. 🌐 6️⃣ Accessible Launch - Aiming to captivate a vast audience, including Web3 newcomers. 🚀 7️⃣ Fairness & Transparency - Setting new standards in gaming integrity with verifiable mechanics. ⚖️ 8️⃣ Mobile & Web3 Fusion - Expanding the frontier for mobile gamers in the Web3 realm. 📱 9️⃣ Dedicated Blockchain for Gaming - Tailored blockchain solutions are emerging as a game-changer. 🎲 🔟 Bright Prospects - Expect continuous improvement in UX, gameplay fairness, and mobile gaming expansion. 🌟 Dive into the full article to learn more: https://lnkd.in/dM7g62h4 #BlockchainGaming #NFTs #Innovation #gaming #gamingnews

Follow Pixpel.io if you want to join the movement of the best #Web3Gaming Platform! You will experience the best user experience, the best NFTs, the best web3 Games and more! #Pixpel #GameFi #Web3

🚀Web3 Gaming Sector: A Resurgence 📈The blockchain-based/Web3 gaming sector, though still in its early stages, is showing promising signs of recovery after the downturn in 2021. This growth can be directly linked to significant increases in funding and deal volume, which reached $1.1 billion in the second quarter of 2024 alone. 💵Notable developments include a16z’s announcement of a $600 million gaming fund, Bitcraft Ventures' efforts to raise $275 million for their third GameFi fund, Arbitrum DAO’s approval of a $215 million gaming ecosystem fund, and NPC Labs raising $21 million to build gaming infrastructure on Base (Source: messari.io). 🚧However, there is a significant challenge that must be overcome in the transition of the gaming sector from Web2 to Web3. Traditional games typically operate on a pay-to-play model, where entertainment and the quality of the game are at the forefront, offering these as the main value propositions to the customer. Web3 games, on the other hand, found their distinct value and appeal in other aspects, made possible through blockchain, smart contracts, and NFTs: 1. The ability for players to manage and monetize their own data; and, 2. The ability to trade in-game assets that can be owned in the digital realm. Essentially, this means the tokenization of in-game assets, which has been a topic of much discussion. 💱These are very important features and are likely to drive rapid growth in the Web3 gaming sector at some point. However, if you notice, both features are financially motivated. 🎑In the gaming industry, creative elements and the "fun" and "virtual experience" they provide are central and very important aspects. In Web3 games, we observe that these features have either weakened or have not yet been sufficiently developed. ⏳As the sector evolves, balancing financial incentives with an engaging gaming experience will be critical to attracting and retaining both Web2 and Web3 gamers. #web3 #blockchain #gaming #digitalgames #onlinegames #tokenization #nft #assets #trade #gamefi

Sneak Peek Alert 🚨 ‘Web3 x Deck-building with Justin Gary’ 🌟 What if your favorite card game could exist in both the digital and physical world, with each card uniquely yours? Imagine building a deck that not only represents your strategy but also holds real-world value, where every card is a one-of-a-kind NFT. Web3 is redefining the way we interact with games, bringing digital ownership and innovation to the forefront of the deck-building genre. How will this transformation impact the gaming industry, and what does it mean for players and creators? - 👤 Introducing Justin Gary We are incredibly excited to welcome Justin Gary, CEO of Stone Blade Entertainment and a legend in the gaming world. Known for his work on World of Warcraft Miniatures and the Marvel vs. DC trading card games, Justin is now venturing into Web3 with SolForge Fusion. Co-created with Richard Garfield, the designer behind Magic: The Gathering, SolForge Fusion is a groundbreaking deck-building game that leverages blockchain technology to offer unique, collectible digital cards on the Solana blockchain. - 📌 Key Takeaways: 1. True Digital Ownership: Every deck in SolForge Fusion is algorithmically generated, creating a one-of-a-kind digital asset for players. Each card is an NFT, allowing for true ownership, trading, and value retention, unlike traditional card games. 2. Hybrid Gaming Experience: SolForge Fusion blends the best of both worlds by offering physical and digital versions of the game. This unique model allows players to enjoy the tactile thrill of deck-building while also engaging in the digital space with blockchain-backed assets. 3. Community-Driven Evolution: The game integrates decentralized governance, enabling the community to influence tournament rules, card balancing, and even the lore of the game. This level of player involvement ensures that the game evolves in alignment with the community’s vision and values. - 🌟Web3 is not just enhancing games—it’s transforming them. By merging digital ownership with traditional gameplay, projects like SolForge Fusion are setting new standards for player engagement and innovation in the gaming industry. Justin Gary’s vision for the future of deck-building games showcases how blockchain can empower both players and creators, offering new dimensions of creativity, ownership, and community interaction. 🎧 Tune in now to explore how Web3 is revolutionizing deck-building with Justin Gary! 🔗 Stay Tuned! 🌐✨ #Web3Gaming #DeckBuilding #Blockchain #DigitalOwnership #FutureOfGaming #GameDevelopment #SolForgeFusion Alec John Burns, PhD Jack Davies

This Week in Crypto Games: 'Notcoin' Token Launch Date, 'Fantasy Top' Takes Over, and ... - Decrypt: Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

Clearly, TON Foundation is focused on building for a mass audience. While I think that strong platform leadership can accelerate this process, the nature of the Web3 industry means it’s uncertain how far this can be allowed. #Web3Gaming

Read through the article for shared insights on how blockchain-based gaming is transforming the industry with NFTs and cryptocurrencies. Learn how to choose the best gaming crypto coins for your portfolio. read more: https://lnkd.in/dUQpgMRB

Exciting Update on our App: Revolutizing Web3 gaming like never before! We're thrilled to announce a groundbreaking update to our gaming app – the introduction of token lobbies for Hbar tokens, alongside our existing Gari token rewards. This new feature offers players extraordinary flexibility and choice in how they earn and engage within our ecosystem. Whether you're a fan of Hbar or Gari tokens, Circle of Games now caters to your preferences, allowing you to earn rewards in the cryptocurrency that suits you best. Our diverse range of games, including various rewards and unique offerings, ensures that there's something for every type of gamer. Circle Of Games also thanks the tech team who have brought this update to allow an astonishing user experience for all gamers. Join us at Circle of Games to experience the thrill of Web3 gaming, where every play can reward you with real-world value. Embrace the future of gaming today, and let your skills earn you more than just high scores. Rajeeb VC Rabilal Thapa Rohit Tiwari #web3 #Hbar #circleofgames #gari #community #startup #revolution #gaming #casualgames