Major production chain game internal tests are gradually starting, with gameplay and asset analysis of three major projects.

In 2022, there were a total of 334 public financing events in the blockchain gaming sector, with a total financing scale of 4.4 billion USD. Among them, there are several large-scale game projects that have received significant funding, some of which have already begun internal testing and are expected to officially launch in 2023. This article will introduce and compare the internal testing status of three games: Bigtime, Illuvium, and Parallel.

Bigtime

Bigtime is a AAA multiplayer cooperative RPG adventure game developed by a team assembled by Ari, co-founder of Decentraland. In May 2021, it completed a $21 million funding round.

The game began its PC closed beta test in April 2022, and holders of VIP passes can participate. Closed beta players have the chance to obtain rare NFTs and trade them on the Openloot market. The game ecosystem includes various NFT assets and plans to launch the game token TIME after the early access period ends.

Bigtime launched a 15-month airdrop event in February 2023, distributing NFT gift boxes to eligible accounts every month. The airdrop rules follow a points ranking system, where players can earn points by holding NFT assets and completing game tasks.

Currently, the users participating in the test include early applicants, VIP pass holders, and more than twenty guilds. The website traffic is growing month by month, reaching 152,000 visits in January.

Illuvium

Illuvium is an open-world RPG game launched by a relative of the co-founder of Synthetix. In March 2021, it secured $5 million in seed funding and subsequently raised over $100 million through token and NFT sales.

The game is divided into three versions: Arena, Overworld, and Zero. Arena and Overworld have opened for closed beta applications, while the Zero version is only available to landholders. The Zero beta allows players to experience land functionality for the first time, but the income economy has not yet been launched.

The Illuvium ecosystem uses Fuel as a universal currency, which is divided into three types: Crypton, Hyperion, and Solon. Players can earn Fuel in the game and can exchange it for ETH at the IlluviDex exchange in the future.

Illuvium will also launch the Illuvitar NFT series, allowing players to collect and customize NFT avatars through the game. Illuvitars will be sold in two packages, and no more will be minted after the sale ends.

Parallel

Parallel is a sci-fi TCG game based on Ethereum. In October 2021, it secured $50 million in funding at a valuation of $500 million. The secondary market trading royalties for in-game NFT assets generated $11.94 million for the team.

The closed Alpha test will start on February 28, 2023, and will last until March 26. Participants in the test will have the chance to receive airdrops of PRIME tokens.

The game includes various NFT assets, totaling more than 5.8 million cards. Players need to collect 40 cards to form a deck for battles. However, since the assets are on the Ethereum main chain, the entry threshold for users is relatively high.

The total supply of PRIME tokens is 111 million, and it has started to be released. The current circulating market value is approximately $61.92 million, with a total market value of $352 million. The estimated market value of NFT assets is about $920 million, but this valuation may be inflated.

Summary

The three games are all developed by experienced teams, with considerable financing scale, and have generated substantial revenue through NFT sales. Each has its own characteristics in terms of token issuance, NFT assets, and user thresholds. As several major games are successively tested and launched, the blockchain gaming sector may be poised for takeoff.