Author: Mia, ChainCatcher

Bitcoin recently successfully broke through the $44,000 mark, with the overall market rising, and the long-dormant GameFi sector entering a period of concentrated growth. The call for "GameFi Summer" is gradually spreading from the primary market to the secondary market.

In addition to projects like Pixels, Illuvium, Gala Games, and TreasureDAO releasing positive news in November, Xterio's flagship product Age of Dino (AoD), backed by Binance, also launched the limited-time game Dino Ski, which achieved impressive results.

By the end of the event, Dino Ski had successfully surpassed 1.65 million on-chain interactions and attracted over 280,000 on-chain addresses to participate. According to DappBay data, Age of Dino's 7-day on-chain trading volume and user count in the BNB ecosystem exceeded those of PancakeSwap, making it the top performer.

Introduction to Age of Dino

With the support of heavyweight companies like FunPlus and Xterio, AoD fully integrates elements of the Web3.0 field and traditional gaming platforms, aiming to attract both veteran and novice players to join Web3 games and provide unprecedented experiences for players and digital collectors.

According to official information, Age of Dino (AoD) is a groundbreaking MMO strategy game developed on the Xterio platform, as the next generation of large-scale multiplayer online (MMO) SLG strategy game.

The game experience includes base building, dinosaur feeding and upgrading, resource collection, adventures, alliance battles, and confronting opponents and dinosaur armies controlled by AI. In terms of product design, it combines blockchain technology and social gameplay, covering GVG, PVE, and PVP elements, offering diverse gameplay to meet the preferences of different players.

Behind-the-Scenes Developer Completes $8 Million Seed Round Financing

In addition to its strong product design, Age of Dino's recent success is also attributed to the heat in the GameFi sector. In fact, the GameFi sector has always been a hot spot in the primary market. According to data provided by Immutable on the X platform, Web3 game financing accounted for 62% of the total Web3 industry financing in 2022. DappRadar data shows that in the first three quarters of 2023, the blockchain gaming sector attracted investments of $739 million, $973 million, and $600 million, respectively. This indicates that even in the midst of the crypto winter, capital continues to focus on the Web3 gaming sector and expand its presence. According to RootData, GameFi sector investments rebounded in October this year, with financing exceeding $100 million, a 61% increase from the $67 million in September, while the financing amounts in July and August this year were both less than $15 million.

As a leader in the SLG field, Age of Dino has high expectations. It is understood that the main creative team of AoD comes from the globally renowned diversified game publishing brand Funplus. This company dominates the global SLG track, with games like State of Survival and King of Avalon each receiving over a billion downloads, and annual game revenue reaching tens of billions of dollars. The AoD team combines top talents from both Web2 and Web3 games, gaining favor from top-tier capital.

According to VentureBeat, the game developer GamePhilos completed an $8 million seed round financing as early as August this year, with Xterio, Animoca Ventures, and SevenX Venture leading the investment, and companies like Hashkey Capital, Sanctor Capital, Game7, Bas1s, GSR Market, and GSG Ventures participating.

In addition to the independent $8 million financing, Age of Dino, as Xterio's first self-developed flagship game, also received strong support from the company. Xterio, as a global cross-platform play-to-earn developer and publisher, is committed to enhancing deep engagement in the gaming world through digital ownership, with a focus on developing Web3 native universes that will expand across all media and platforms. Xterio has raised $55 million in funding, with investors including Binance, Funplus, Makers Fund, Animoca Ventures, and GST Global, among others.

Launching a Limited-Time Game, Leading in BNB Active On-Chain Trading Volume

With such strong background support, it's no surprise that the limited-time parkour game Dino Ski launched by Age of Dino has achieved remarkable results. Dino Ski, a pixel-style parkour game launched by Age of Dino, lasted for 7 days. Users only needed to pay 0.01 BNB to participate in the game, and they could participate in treasure chest draws to win AOD core NFTs, tokens, whitelist qualifications, game resource packs, and other prizes. Free-to-play players also had the opportunity to receive token airdrops.

Dino Ski pays tribute to the classic gameplay of the Chrome Dino dinosaur game, adopting a 3D pixel art style and designing characters such as dinosaurs, pterosaurs, penguins, polar bears, and snowballs in a very meme-like manner. In the game, an orange dinosaur skis freely in the icy world, and players only need to control the dinosaur to jump or crouch to avoid obstacles. The gameplay is simple but quite addictive, with many players spending hours immersed in it for high scores. The game also features a day and night system, with significantly increased difficulty during the night.

Dino Ski also incorporates many Crypto Easter eggs. For example, when the game score reaches 0312 and 0904, the game speed and score accumulation will increase. Only when a player's score exceeds 0312 can they mint Rare Score NFTs and participate in treasure chest draws.

According to DappBay, Age of Dino's 24-hour and 7-day on-chain trading volume and user count in the BNB ecosystem surpassed those of PancakeSwap, ranking first. According to official information, within 7 days, Dino Ski had over 280,000 participating addresses, over a million NFTs minted, and a total on-chain interaction data record of 1.65 million times, topping the BNB ecosystem.

According to opBNBScan data, Dino Ski Score NFT ranks first among all ERC721 Tokens on the OPBNB chain, with a significantly higher number of holders. This also proves that GameFi, which is popular among players, does not necessarily require very complex gameplay logic. As long as players find it fun and enjoyable, with the potential to earn while playing, there is a chance to gain enough recognition and on-chain participation. All rewards obtained by Dino Ski game users, such as dinosaur coupons and in-game resource packs, can be used in the main game of AoD. With this small trial, AoD has achieved clever interoperability of on-chain assets. The success of this round of mini-games not only captured the heat in the current warming market for Age of Dino, accumulating enough market volume, but also accumulated sufficient user resources for the release of the main game in early 2024.

Future Prospects

In the past few bull markets, we have seen very impressive GameFi games in each bull market, all of which have solved some of the problems of previous GameFi games, thus bringing very lucrative returns to related investors. In this round of GameFi Summer, we still see some unresolved issues, such as insufficient gameplay for most games, unsustainable economic models, weak social features, and boring and simple Play2Earn mechanisms.

The leading Web3 SLG track, AoD, is dedicated to solving the current problems of GameFi 1.0 games. In fact, the product positioning of Age of Dino has always been to address the transformation of the gaming industry with innovative GameFi 2.0 methods, focusing on creating a sustainable in-game economy, powerful gameplay, and prominent social elements, aiming to become a continuously growing Web 3.0 game to adapt to the continuous evolution of the gaming ecosystem.

Age of Dino emphasizes cooperation between the community and players, providing real-time chat and strategy discussion features, allowing players to make friends, defeat opponents together, and engage in player-versus-player battles through in-game channels. By cultivating a vibrant and inclusive community, Age of Dino brings the fun of multiplayer games to the entire dinosaur universe.

According to official information, Age of Dino will exclusively launch the sale of the PFP NFT series of the game on xter.io in January 2024. This series will be a major asset in the AoD ecosystem, representing the highest combat power in the game and the cultural symbol of player social interaction outside the game, reflecting the core assets of its game product quality and cultural co-construction. It is reported that three lucky users have already won three vouchers for this series of NFTs in the Dino Ski mini-game. Additionally, the project's official announcement states that supporters of the Age of Dino community will have the right to priority purchase during the public minting phase in January.

Conclusion

As the functionality continues to improve and develop, Age of Dino will provide players with a more immersive experience, creating a unique and vibrant gaming world for users through innovative technology and design concepts. At the same time, Age of Dino will also drive the development and application of digital assets, providing players with more opportunities for income and participation. We look forward to seeing Age of Dino demonstrate its enormous potential in the Web3 gaming industry, bringing rich gaming experiences and value returns to players.

With the increasing confidence of capital in the GameFi track, the optimization of gaming experiences, and the reduction of user barriers, the future will attract more funds and users to enter this field. Will Age of Dino, with its captivating gameplay, entertainment, and social interaction of digital assets, drive the Web3 gaming industry into a new era of transformation?

Let's wait and see.

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