Web 3 Gamer – Cointelegraph Magazine

Releasing a blockchain game on EGS is a big deal for any developer, as the platform has over 230 million users, including 70 million monthly active users. But releasing a blockchain game on the platform is an even bigger deal, as Web3 companies generally can’t access such a massive audience under such a reputable name. WAX Chief Gaming Officer Rubinelli calls EGS the “next step on our journey to the mass adoption of Web3.”

This launch further accelerates the paradigm shift in gaming as a whole, bringing blockchain-powered fairness, inclusivity and player-centric approach even closer to the mainstream audience.”

In the game, players compete in wrestling matches and earn BRWL tokens which can be used to craft or purchase content. Apart from the Brawlers themselves, every in-game item can be crafted, used, sold, traded, or gifted among players, as they’re NFTs.

Garfield emphasized the game’s similarity to traditional physical card games, where players can buy card sets and maintain complete control over their assets, enabling easy trading and exchange.

The game allows cross-platform functionality via NFT bridges to Polygon, Ethereum and Binance’s BNB Chain.

Over $2 billion invested in blockchain gaming so far in 2023

Blockchain gaming investments are up $600 million in the third quarter of 2023, bringing the year-to-date total to an impressive $2.3 billion amid the bear market, according to DappRadar and BGA Games’ most recent joint blockchain gaming report.

However, 2023’s tally only accounts for 30% of the preceding year’s total investments. But considering the state of the wider market, it’s a respectable figure that proves that a lot of people are willing to bet a lot of money that blockchain games will still be The Next Big Thing.

The report underscores how Web2 gaming giants are “making assertive strides into the Web3 realm.” One of the most notable is FarmVille creator Zynga’s successful introduction of Sugartown, which received instant adoption and high praise from the Web3 community. It’s a welcome development as better studios generally mean better games.

Daily unique active wallets (UAWs) saw an uptick of 12% compared to last quarter, reaching a daily average of 786,766 UAWs. Alien Worlds, a community-built metaverse, kept its crown as the most-played blockchain game of Q3 2023, capturing over 60% of WAX’s blockchain activity.

Web3 gaming’s flagship titles, Axie Infinity and Gods Unchained, blazed the trail in terms of transaction volume, with volumes of $90 million and $55 million, respectively. 

In the third quarter, virtual worlds experienced a dip from the last quarter’s $58 million as numbers showed $13 million in trading volume with 28,000 land sales. Despite virtual worlds’ declining trading volume, substantial investments like Animoca Brands’ $20 million funding for Mocaverse keep the metaverse fire alive.

Upland’s Spark shines on Ethereum

Metaverse platform Upland will enable trading of its in-game utility token, Spark, on Ethereum. The decision was approved by 87.25% of voters in a recent community governance vote.

Known as the Sparklet white paper, the proposal was presented to the Upland community in late September. The plan involves bridging the game’s in-app token, Spark, to the Ethereum blockchain, where it will be mirrored and minted as the Sparklet token. Each Sparklet is equivalent to one-thousandth of a Spark.

Upland co-founder and co-CEO Dirk Lueth says the move is a win for decentralization:

Adhering to our mission to build the largest digital open economy, Sparklet allows us to take the next step towards progressive decentralization in a responsible way by offering tradability to our users while having mechanisms in place that can shield and protect Upland’s economy from unwanted externalities.”

A finite supply of 1,000,000,000 Sparklet tokens will be issued on Ethereum, although Upland has not shared the exact timeline yet. The Sparklet supply will be mirrored by the minting of 1,000,000 Spark on the EOS blockchain, ensuring a balanced ownership structure between the platforms.

Hot Take: Guild of Guardians

Guild of Guardians is a mobile rogue-lite squad RPG that is being developed by Mineloader and published by Immutable. It held a “friends and family demo event” this week for testing and I was one of the fortunate people who got to try the game.

As soon as the game opens, nicely composed Harry Potter-esque background music welcomes you to the world of Guardians. The demo consists of core dungeon battles, crafting loops, quests and level-up options. The graphics look decent, while the music and sound effects are on point.

Players assemble a team of heroes and venture into dungeons for combat. When assembling a team, you need to consider factional, elemental and class synergies and team composition. For instance, a team composed entirely of Hordes receives a raw attack boost, while teams of all fire elements have an increased chance of inflicting damage over time. Heroes are also split into traditional RPG roles like tank, healer, support and DPS – short for damage per second, which is used to describe damage-focused characters.

The main challenge Guild of Guardians needs to tackle is that squad-based PvP gaming has somewhat matured. None of the heroes feel original or new, and the user interface looks like every fantasy-element-bearing mobile game ever.

Of course, it’s not fair to judge such aspects by a “friends and family” demo, so it’s better to check the full version to see if there are improvements and refinements to form your own opinions — it’s going to be free-to-play anyway. Who knows, you might love it and find your next 600-hour addiction!

More from Web3 gaming space:

– Zynga’s Web3 IP Sugartown introduces an NFT collection called Oras.

– NFL Rivals announces 6-month partnership with Amazon Prime Gaming.

– Gods Unchained Season 2: Tides of Fate launches Oct. 25.

– Social web game Habbo ditches “Habbo NFTs” for “Habbo Collectibles” in its terminology.

– Animoca Brands subsidiary Darewise raises $3.5 million in token presale for sci-fi Web3 game Life Beyond.

– The business simulation strategy game Legacy launches on Oct. 26.

Subscribe

The most engaging reads in blockchain. Delivered once a
week.

Erhan Kahraman

Based in Istanbul, Erhan started his career as a gaming journalist. He now works as a freelance writer and content creator with a focus on cutting-edge technology and video games. He enjoys playing Elden Ring, Street Fighter 6 and Persona 5.