How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
GTA and CoD veterans’ new studio collabs with Immutable
Web3 gaming ecosystem Immutable is helping Random Games join the blockchain gaming world. The studio was founded by veteran developers and storytellers from famous franchises including Grand Theft Auto, Call of Duty, Fortnite, Batman, Star Trek, The Walking Dead, Star Wars and South Park. The collaboration centers around Unioverse, a Web3 sci-fi franchise spanning multiple mediums.
Random Games plans to create a platform offering high-quality assets for game creation without royalty fees. The Unioverse community will be encouraged to produce their own stories, games and content using official assets.
Unioverse hopes to foster a continuous stream of professional and user-generated content, given its royalty-free nature. Users can monetize their creations by selling merchandise such as comic books, T-shirts and lunchboxes and retain all the profits.
Immutable’s vice president of global business development, Andrew Sorokovsky says Immutable will provide the blockchain platform, tools and services, including its zkEVM for scaling and Immutable passport for digital IDs:
This will allow the team to focus on shipping a great game without having to become blockchain experts in the process — letting us take care of the heavy lifting,”
Unioverse features Hero NFTs, which are high-quality 3D digital items that you can own in the digital world. Hero NFTs started minting with ‘Reyu’ in Jan. 2023 and sold 20,000 NFTs, which was followed by the launch of ‘Krishah’ in June. With over a million NFTs minted and more than 110,000 verified accounts with connected wallets, they also debuted the first part of a six-part comic book series and introduced Proving Grounds, their first alpha game environment, in May.
Random Games previously raised $7.6 million in a seed funding round co-led by Resolute Ventures and Asymmetric.
Brawlers by Magic: The Gathering creator to launch on Epic Games Store
Brawlers, a player-versus-player blockchain card game will be launched on the massive, mainstream Epic Games Store.
It’s the debut game of Tyranno Studios, WAX blockchain’s inhouse game development team led by gaming industry veteran Michael Rubinelli, who has 25 years of experience at companies such as Disney, Electronic Arts and THQ.
Centered around the theme of pro-wrestling, Brawlers’ player-versus-player (PvP) mode was designed by Richard Garfield, famous for his creation of the popular card game Magic: The Gathering.
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’s 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 in the midst of a 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.
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The report underscores how Web2 gaming giants are “making assertive strides into the Web3 realm.” One of the most notable being 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 that 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 & 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.
– Business simulation strategy game Legacy launches on Oct. 26.
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Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.
Nigel Farage has spoken about his aspirations as Reform UK party leader and insists he could become prime minister.
He told Sky’s political correspondent Darren McCaffrey the prospect of taking over at Number 10 at some point “may not be probable, but it’s certainly possible”.
In an interview on the sidelines of the Reform UK annual conference in Birmingham, he also described his intention to change the party and make it more democratic.
“I don’t want it to be a one man party. Look, this is not a presidential system. If it was, I might think differently about it. But no, it’s not. We have to be far more broadly based,” he said.
He also accepted there were issues with how the party was perceived by some during the general election.
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Highlights of Farage’s conference speech
“We had a problem,” he admitted. “Those that wished us harm use the racist word. And we had candidates who genuinely were.”
Earlier the party leader and Clacton MP gave his keynote speech at the conference, explaining how they intend to win even more seats at the next general election.
He also called out the prime minister for accepting free gifts and mocked the candidates in the Tory leadership race.
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Farage jokes about PM accepting gifts
But he turned to more serious points, too – promising that Reform UK will “be vetting candidates rigorously at all levels” in future.
Addressing crowds in Birmingham, Mr Farage said the party has not got “time” or “room” for “a few extremists to wreck the work of a party that now has 80,000 members”.
Read more from Sky News:
Widdecombe makes immigration pledge
PM will no longer accept clothes donations
“The infant that Reform UK was has been growing up,” he said in his speech and pointed towards the success of the Liberal Democrats at the general election.
He told delegates his party has to “model ourselves on the Liberal Democrats” which secured 72 seats on a smaller popular vote share than Reform UK.
He said: “The Liberal Democrats put literature and leaflets through doors repeatedly in their target areas, and despite the fact they haven’t got any policies at all. In fact, the whole thing’s really rather vacuous, isn’t it? But they manage with a vote much lower than ours to win 72 seats in parliament.”
Reform won more than four million votes in July, and 14% of the vote share – more than the Lib Dems.
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