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Analysis of Web3 Game Public Chain Ecosystem: Rise, Logic, and Future Potential
The Perfect Integration of Web3 Games and Public Chain Ecosystem
The advancement of blockchain technology is giving rise to a new era of gaming, with the integration of Web3 games and gaming public chain ecosystems becoming the focal point. This article will delve into the close relationship between the two, analyzing their performance, logic, and impact on the gaming public chain ecosystem in the current bull market.
1. The Amazing Surge of Web3 Gaming Public Chains
In the early stage of this bull market, the sector related to Web3 games that has seen the highest increase is RON-Ronin public chain, which has risen over 11 times from the low point in October 2023. IMX-ImmutableX has also performed well, increasing nearly 8 times from the low point in September 2023. Other leading Web3 games such as Bigtime, YGG, and Gala have seen increases of about 6-7 times. Compared to other public chains, aside from Solana's 11 times increase, Avalanche has increased about 7 times, Polygon about 2.5 times, and Optimism about 4.5 times.
2. The Great Flywheel of Web3 Games + Public Chains
The core logic behind the explosive popularity of gaming public chains is a big flywheel involving game development teams, players, public chains, and games:
If it can be based on good products and a reasonably performing public chain, combined with a strong development and operations team, this flywheel can run well and spiral upward in a bull market.
III. Conditions for Successful Combination of Games and Public Blockchains
4. Axie and Ronin
Axie Infinity is the cornerstone of the Ronin ecosystem and a pinnacle masterpiece in the Web3 gaming industry. Axie is a collection and battle game based on Ethereum, which has gone through 21 seasons of iteration since its launch in 2019. At its peak, it generated over $300 million in monthly revenue, becoming the most profitable game in the world.
Ronin Network is an Ethereum sidechain based on a hybrid consensus of DPoS and PoA, compatible with the Ethereum ecosystem, while achieving high throughput, low latency, and low fees. Ronin provides important support for the Axie ecosystem, attracting more high-quality games to join and evolving from a single game ecosystem into a multi-dimensional game ecosystem platform.
5. Gods Unchained and ImmutableX
Gods Unchained is a card game similar to "Hearthstone", where players collect, trade, and battle with cards. ImmutableX is its developed L2 scaling solution, based on Validium, StarkWare, and zkEVM technology, significantly improving performance and reducing costs.
ImmutableX focuses on the GameFi sector, providing developers with APIs and SDKs, as well as a global order book. Its ecosystem has over 150 games, attracting star projects like Guild of Guardians and Metalcore, and is quickly becoming an important infrastructure in the Web3 gaming space.
6. Mines of Dalarnia+Chromia+DAR OpenNetwork
This is a product matrix from Europe, including:
Mines of Dalarnia continues to optimize during the bear market and expands beyond gaming to build a Web3 gaming ecosystem. Chromia serves as the underlying support for multiple gaming projects. The DAR OpenNetwork aims to create a universe that goes beyond the concept of gaming, including game launch pads, metaverses, and developer portals.
Summary
The combination of Web3 games and gaming public chains has been validated by the market, such as Axie and Ronin, Gods Unchained and ImmutableX. This model integrates innovative gameplay and advanced technology, requiring substantial capital investment and forward-looking planning. In the current bull market, such combination models are expected to unleash greater valuation potential and become industry leaders.