The startup has developed a blockchain gaming platform that enables users to earn and manage game asset NFTs through a proprietary automated market maker (AMM) decentralized exchange. This platform addresses the lack of ownership and monetization options for digital assets in gaming by allowing users to lend, hedge, and exchange their NFTs and cryptocurrencies.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
In the blockchain gaming space, players often lack true ownership and monetization options for their in-game digital assets. Existing platforms may not provide sufficient mechanisms for users to easily manage, trade, and leverage their NFTs and cryptocurrencies within a gaming ecosystem.
Solution
Web3Games.com aims to solve this problem by providing a comprehensive platform that bridges gamers and developers in a fully on-chain gaming ecosystem. The platform offers tools and infrastructure for developers to create on-chain games and provides gamers with a seamless experience for managing and utilizing their digital assets. Web3Games.com leverages its W3Gamez Network, a Layer-2 Optimistic Rollup blockchain, to facilitate cost-effective and tailored contract functionality for gaming applications. The platform also features a NFT marketplace and token swap functionality.
Target Audience
The primary target audience includes both gamers interested in crypto-integrated gaming experiences and game developers looking to build and deploy fully on-chain games.
Features
- W3Gamez Network: A Layer-2 Optimistic Rollup blockchain designed for on-chain gaming, utilizing OP Stack and NEAR for data availability.
- $WGT Token: A utility and governance token for the Web3Games.com platform, used for payments, staking rewards, and community governance.
- $W3G Token: The native gas and governance token of the W3Gamez Network, used for transaction fees and network governance.
- NFT Marketplace: A platform for trading gaming NFTs within the Web3Games.com ecosystem.
- Token Swap: Functionality to swap between different tokens within the platform.
- FOCG (Fully On-Chain Gaming) Development Toolkit: Tools and infrastructure for developers to create fully on-chain games.
- A suite of games including W3POKER, CryptoEmpire, DEBEATS and Guardians of Arcanum.