Future Web 3.0 Game—Blockchain Futurist Conference

Executives from World3, Helica and Anomaly Games took the stage at the Blockchain Futurist Conference in Toronto, Canada to discuss the current state and future of Web3 games.

Long Do, CEO of Anomaly Games, explained his company's focus on ensuring that highly technical users with blockchain experience don't even know they're participating in blockchain systems.

The CEO turned his attention to the stark contrast between traditional game developers and Web 3 game development studios in terms of game profitability:

“I believe about 50% of game developers make less than $2000 in their lifetime, but a web 3 game developer actually makes a lot more than a web 2 game developer.”

World3 Product Director Michael Grylls expanded on this theme by saying that the real value proposition for Web3 games is the potential to create a strong player economy.

As the executive explained, like collectible trading card games, community marketing of in-game assets will be a major use case for blockchain in video games:

“The community is the opportunity in Web 3 because trading and the actual ownership of those assets and trading those assets as a player is much more fun and more profitable for the community than the game itself.”

Anton Umnov, founder and CEO of Helica, claims that 50% of transactions on certain blockchain networks come from onchain games, arguing that onchain games are a “gateway” to get more users into the broader cryptocurrency ecosystem.

Related: Why Web3 Gaming Needs a Steam-like Platform for Development

Adding Telegram game

Helica's CEO's statements were illustrated by games on Telegram and on a separate independent Telegram Open Network (TON) using casual games to drive users to the Web 3 space. Ruslan Fakhrutdinov, CEO of X10, believes that this strategy could lead Telegram to bring its first billion users into the crypto ecosystem.

So, in July 2024, Helica and NotCoin, the popular Telegram-based game, announced a $50 million game accelerator program to boost the growth of Telegram games.

Former Telegram Open Network Foundation executives recently opened a $40 million developer fund to streamline small apps in the Ton ecosystem, following the meteoric success of Telegram games like Hamster Combat and the launch of a small app store in Telegram. App.

Magazine: Clicker games for post-climate blur, is Hamster Kombat any good? Web3 player