Original | Odaily Planet Daily

Author | Loopy

In the 2024 new cycle, what other innovative areas are leading the narrative iteration and creating the next Alpha track? The full-chain game may be one of the most promising tracks, and multiple top investment institutions are conducting in-depth research. From the perspective of infrastructure, the current blockchain technology and Layer 2 network are becoming increasingly mature, enough to support the operation of full-chain games. From a narrative perspective, putting game assets and game logic on the chain to increase transparency has opened up a new way for encrypted games, different from the current centralized GameFi.

At present, the full-chain game is mainly focused on by a niche group of geeks, with attention focused on the Layer 2 network RedStone created by the founding team of the dark forest game, Lattice. Recently, more and more projects have participated in the development of the full-chain game engine. Odaily Planet Daily has discovered a project, Web3Games.com, which has transformed into a full-chain game ecosystem this year.

Web3Games.com has been committed to combining decentralized blockchain technology with games since 2021, giving players true ownership of game assets, enhancing game transparency, and providing developers with more user-friendly blockchain development tools. After three years, it is almost the only project that has delivered both technical infrastructure applications and game products at the same time. Their team officially announced that they will focus on the full-chain game ecosystem in 2024 and bring their full-chain game Layer 2 network, W3GamezNetwork, which is invested by the NEAR Foundation, developed based on OPStack, and uses NEAR Data Availability (DA).

Starting from the infrastructure of on-chain game assets

As early as 2021, Web3Games.com began to build a game infrastructure platform on Polygon. In early 2022, Web3Games.com completed a $4 million financing led by DAOMaker. As a crypto game ecosystem, Web3Games.com has started from on-chain game assets in the past two years, first creating a player platform that can be used with crypto games, providing game asset trading services, just like the Steam of crypto games. This platform provides players with a one-stop experience of playing crypto games.

The core applications of the Web3Games.com game platform include: game NFT market, game token swap, game project launchpad, and player login solution.

The NFT market of Web3Games.com provides a place for game players to trade game assets, allowing players to seamlessly buy and sell in-game rare items, character skins, weapons, and other NFTs. W3GSwap is an AMM protocol token exchange service based on UniswapV2, which allows users to securely exchange game tokens within the ecosystem. Launchpad allows developers to raise funds through token sales to support their game projects. This provides developers with a direct opportunity to interact with investors and the player community, and also provides investors with the opportunity to participate in early game projects. Web3Games.com login is a user-friendly solution designed to simplify the process of new players joining the crypto game world. The solution is now used by several games on the platform and also provides support for some new crypto game developers.

Web3Games not only provides necessary development tools but also creates a vibrant community for players and developers.

From the perspective of game developers

Web3Games.com not only provides the necessary game asset trading applications but also operates as a professional game development team, establishing Web3Games.com Studios for this purpose. The team develops crypto games on its own, demonstrating to developers how to use this infrastructure and blockchain technology to build interesting game works. Within two years, the team has launched four mobile crypto games, such as CryptoEmpire match-three battle, DEBEATS music master, W3POKER Texas Hold'em, and GuardiansofArcanum tower defense game, not only demonstrating the potential of blockchain technology in traditional game design but also proving the delivery capability of Web3Games.com team.

Thinking about the transformation of full-chain games

In the field of crypto games, performance and cost are two key challenges. In traditional GameFi products, the common approach is to only put assets on the chain, while the game logic is still processed on centralized servers. Parts of the game logic, such as lottery and random battles, cannot be completely transparent, leading to questioning from the player community. Therefore, after two years of deep cultivation in on-chain game assets, the team is more convinced that to create a product different from traditional GameFi, it should develop towards full-chain games.

Previously, the performance issue has always limited the implementation of full-chain games due to the high gas costs of mainstream chains and lower processing speeds. With the maturity of Layer 2 solutions, Rollups and off-chain Data Availability provide an innovative approach to solving these problems. They process transactions and data off-chain, then batch-submit the results to the main chain, significantly increasing transaction throughput, reducing costs, and inheriting the security of the main chain.

Web3Games.com recognizes the importance of Layer 2 network technology and has decided to make it the core of future development, launching a new roadmap for Web3Games.com 2.0. Focusing on building a fully on-chain game ecosystem, betting on the FOCG (Fully On-Chain Gaming) track, Web3Games.com has launched a game-focused Layer 2 network, W3GamezNetwork, developed based on the OPStack framework and using NEAR for Data Availability (DA), achieving the lowest on-chain costs in the market, allowing game developers and players to fully utilize the advantages of Layer 2 and Rollup technologies. This will not only make games more economically viable and reduce the entry barriers for full-chain games but also provide players with a more transparent and fair gaming experience.

The solid deployment of on-chain game assets in the early stage has not only accumulated sufficient experience for the project but also provided a clearer understanding and judgment of the entire crypto game market, enabling better advancement of the next development phase.

A new chapter for Layer 2

In addition to launching a Layer 2 network and collaborating with more game developers for full-chain games, the team at Web3Games.com will also issue their WGT and W3G tokens in 2024.

The Web3Games.com token ($WGT) is a functional and governance token of the game platform, designed to incentivize and reward activities that support the Web3Games ecosystem, including being used as a payment currency within the ecosystem, staking for rewards, and participating in community governance, and more.

W3GamezNetwork token ($W3G) is the native token of the Layer 2 network, used for gas transaction fees and governance within the Layer 2 network. W3GamezNetwork has already launched on the testnet, and the $W3G token is being publicly sold on the Web3Games.com platform at a price of 0.02 USDC per token, with a target fundraising of $400,000 and a token valuation of $20 million.

Planned to launch at the end of January 2024.

W3GamezNetwork has already received two rounds of financing totaling $4 million, with investors including NEAR Foundation, DAOMaker, LDCapital, NGC, and others. The team has previously collaborated with NEAR on multiple occasions, providing blockchain technology solutions for Alibaba, and W3GamezNetwork is the first Layer 2 game network to use NEARDA technology. Looking ahead to 2024, the Web3Games.com platform will fully focus on the full-chain game field, and the launch of W3GamezNetwork will be a new milestone in the development of the full-chain game ecosystem.

Through unique blockchain solutions, a comprehensive ecosystem, and innovative developer services, Web3Games.com is actively leading the gaming industry towards the future of full-chain games. This not only provides unprecedented opportunities for game developers but also offers players a richer and more transparent gaming experience. In the near future, we look forward to witnessing the Web3Games.com team bring more surprises to players in the full-chain game field.

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