Author: 3Games
In October 2023, the GameFi field ushered in a significant recovery, with financing exceeding US$100 million, an increase of 61% from US$67 million in September. Compared with less than US$15 million in financing in July and August this year, this is a significant increase.
This rebound shows that capital has increased confidence in the GameFi field, the gaming experience has been continuously optimized, and the user threshold has been lowered. These factors will work together to attract more funds and users to enter this field in the future.
According to the latest data from Fottprint Analytics, the number of active users on the GameFi chain is currently stabilizing. In November, daily active users remained between 1 million and 1.2 million. Compared with the traditional game market, this is still a relatively low number. We are thinking about how to inspire 3 billion gamers around the world? We firmly believe that a specific application will attract a large number of new users to the WEB3 market.
(Latest statistics from Fottprint Analytics as of December 1)
This challenge requires innovative thinking and compelling products.
First, the depth and appeal of the gaming experience must be comparable to or even surpass that of the traditional gaming market to attract a wider user base. Second, education and promotion are crucial to promoting the popularity of this field. By introducing simpler and more intuitive user barriers, more people can easily step into this new field. Finally, the integration and application of blockchain technology also needs to be more popular and easy to understand so that the majority of players can easily participate in this ecosystem.
In general, a gaming app that is both attractive and easy to access, provides an excellent experience, and can fully utilize the features of Web3 will be the key factor in activating the 3 billion gamers around the world.
GameFi Market Exploration: The Rise of 3Games Platform
Recently, GameFi market proposed the concept of WEB2.5, which marks an advancement and innovation.
As the threshold for users to enter WEB3 is relatively high, WEB2.5 has become the link between WEB2 and WEB3. For example, although UniSwap in the DeFi field has a large user base, traditional users tend to choose CEX when they first enter the WEB3 market, such as Binance, a cryptocurrency trading platform with 120 million users worldwide. For new users, WEB2.5 seems to be more friendly and easy to understand.
3Games Web3 game GUD platform attracted 200,000 players in just one month of public beta. 3Games will become the link between WEB2 and WEB3, and can also be understood as a pioneer of WEB2.5. This achievement marks its success in quickly converting traditional game users into WEB3 game users. The user groups are mainly distributed in Southeast Asia, Africa, the Middle East and South America, laying a solid foundation for its global layout.
At present, the 3Games platform has launched many popular casual games such as Cow Defense, Double Gun, QRC ATTACK, Little Raccoon Cakery, and plans to launch more popular products in the future to promote the transformation of traditional game users to WEB3 GameFi users.
Redefining the GameFi experience: 3Games' secret to extending GameFi's lifecycle
In Web3, GameFi players are eager to earn profits, but this leads to an imbalance in the economic system, making it a blood-sucking system. In this case, there are a large number of user groups who only tend to suck blood and are unwilling to provide blood, resulting in the average life cycle of the GameFi project being only 2-3 months. Even if the token price soars, it will not last for less than a week. This situation purely presents the characteristics of the Ponzi model.
In contrast, traditional WEB2 gamers focus more on the gaming experience and are the blood supply group in the economic system. Especially during the bear market from 2022 to the first half of 2023, the number of daily active users of many GameFi projects was only between 10 and 50. This data also highlights that high-quality GameFi products that can truly retain users have not yet appeared.
3Games is committed to building a sustainable gaming platform that attracts new users and developers to avoid the problems that other GameFi platforms have faced due to supply shortages. We have established a virtuous cycle of GameFi ecosystem through self-sufficient capabilities and economic models, combined with advertising monetization and player token incentives. This will not only attract more WEB2 users to the WEB3 game market, but will also continue to attract new users and developers, ensuring the continued prosperity of the 3Games platform.
3Games: A disruptor that pioneered the GameFi market
With the emergence of 3Games, we may be at the beginning of a new GameFi era. 3Games intends to disrupt the GameFi market in the following ways.
1. Integrate traditional WEB2 games into WEB3 ecosystem;
3Games launches new casual games every month, bringing traditional Web2 games into the Web3 world. These games not only provide fun, but also reward top-ranked players through game advertising revenue. For example, in "Cow Defense", completing 1,000 levels will earn you a 500USDT reward. This incentive mechanism effectively encourages user participation and enhances the overall gaming experience.
2. Advertising monetization and game joint operation;
3Games mainly earns revenue through advertising monetization of casual games, and also obtains reasonable profits through joint operation with some medium and heavy WEB3 games. This kind of joint operation between games will help attract more new WEB3 game players and build a larger game ecosystem.
3. Game incubation and establishment of game DAO governance fund;
In order to support high-quality games and developers, 3Games intends to establish a game incubation program and set up a game DAO governance fund to provide financial support for these games. This move is expected to encourage developers to create more excellent Web3 games.
4. In-game purchase revenue and platform functions;
The income from users purchasing props, NFT and other products in the game is also one of the ways for 3Games to make money. In addition, the platform will also provide functions that facilitate users to track and discover high-quality WEB3 games and game props, and even provide tools such as game asset aggregation management to provide users with a more convenient gaming experience.
Through these initiatives, 3Games is committed to becoming a leader in the GameFi market, bringing innovative, diverse and attractive gaming experiences to users, while driving the entire GameFi industry towards a more prosperous direction.
Looking forward to 3Games’ gaming ecosystem
3Games is committed to enriching the WEB3 ecosystem with game content and in-depth user experience to promote the vigorous development of the entire GameFi industry. We firmly believe that rich and diverse supply-side content and technical optimization will become the catalyst for the next wave of GameFi development.
As global users are eagerly paying attention to the Bitcoin halving in 2024, this will drive the cryptocurrency market to show great development potential. In such an environment, GameFi is expected to become the driving engine of the next bull market. Considering the current user growth trend of 3Games, 3Games is expected to have millions of users in the second quarter of 2024, which marks an important step for us to activate 3 billion gamers around the world to enter the WEB3 field.
As the frenzy of GameFi's first half of development comes to an end, seeking new innovation and growth has become a top priority. Although 3Games may be dormant at present, we firmly believe that the outbreak is bound to come sooner or later!
