In the cryptocurrency and blockchain industry, investment and incubation are the key factor to promote innovation and development. Binance Labs can be said to be one of the important participants in this field. In order to find the GEM in the Binance Investment Layout, this article will in -depth discussing many aspects of Binance Labs, including its introduction, advantages, and investment layout.A certain airdrop expectation project
Binance Labs was established in April 2018 and is a venture capital business department within Binance.Its main task is to identify, invest, and empower the potential blockchain entrepreneurs, startups and communities.
In addition to direct investment, Binance Labs also invests through 8-10 weeks of incubation plan (MVB) to provide consultant support, financing and resources. The Binance Incubation Plan has been held for six seasons.
In the latest season, Binance has invested in 4 projects with the best MVB performance in the 6th season, namely Altlayer, Kiloex, Kinza and Sleepless AI, covering DEFI, infrastructure and Web3 games.
Essence In April this year, Binance Labs said in an interview with The Block that their investment theoretical return has reached more than 10 times, which is closely related to the theory of Binance Labs and the theory of selecting projects. *** Binance Labs advantage: *** -The global influence: Binance Labs's investment map has covered 25 countries and has invested more than 200 projects.
-Funding support: According to the end of the Binance 2022, Binance Labs will provide at least $ 1-2B funds for the encryption industry.
-D value creation service: In addition to funding support, it also provides general consulting, operational support and technology/product joint development.
-The resources: As part of the world's largest cryptocurrency trading platform, Binance Labs has rich resources and huge networks. These are the key factor that can successfully incubate and invest in projects.
Binance Labs will consider the following five attributes when selecting a project: *** -The first attribute is product innovation.Are you a new thing that you will benefit from it? -The second attribute is sustainable business and token model.In the long run, is your business model favorable, and your tokens are constructed in the correct way?
-The third attribute is traction.What is the number of users in the current stage?What is the income income?If you are in the pre -release stage, we will want to understand your actual expectations. -The fourth attribute is the quality and durability of the team.If the project needs, can you and your co -founder be committed to this project full -time?
-The last attribute is technology.Is the technology you are building feasible and reality?We will view the content you have built according to your project roadmap and the content you can build.
From the above, it can be seen that Binance Labs's investment concept can be summarized into five attributes: *** product innovation, sustainable business and token models, adoption rates, team durability, and technical feasibility
Binance Labs's key track layout Binance Labs has a wide range of investment layouts, covering most of Web3 -related tracks, including public chain, agreement, infrastructure, NFT, chain, Yuan universe, DEFI and CEFI.According to the 2022 report, Binance Labs will provide at least $ 1-2B for the recovery plan of the encryption industry.
Binance Labs pays special attention to infrastructure, chain applications, data analysis and security.These areas are not only the core of the development of the cryptocurrency industry, but also the investment direction of Binance Labs priority.
From the figure below we can see the key track layout of Binance investment:
The infrastructure: accounting for the largest proportion of Binance Labs investment territory, reaching 39.4%, as the cornerstone of the blockchain and cryptocurrency industry. -DEFI and games: account for 19.4% and 18.2% of the investment ratios.
These two areas not only have huge market potential, but also the forefront of industry innovation.
-WEB3 related tracks: including social entertainment, tools, NFT, Yuan universe, etc. These areas are considered to be the next growth point in the cryptocurrency industry.
Inventory of unpaid coins We will take a look at the four major sections of infrastructure, Web3, DEFI, and games. *** (Risk Tips:
The following projects are only unpaid and investment. The fundamentals of specific projects cannot be guaranteed. The risk of encrypted projects is high.
PolyHedra: Financing $ 25M PolyHedra is a startup of full -stack infrastructure based on ZKP technology, focusing on interoperability, scalability and privacy.
By distributed, the Snark proof is generated quickly, and then developed the ZK full stack project (ZKBRIDGE, ZK-DID, ZK-NFT) based on this.
Altlayer Altlayer is an open and decentralized protocol for developers to launch ROLLUPs customized for applications.
The protocol provides a non-code Rollups-As-A-Service dashboard built on its core network Beacon Layer, allowing Rollups, which has fraud/ZK proof of fraud, to obtain security from the bottom L1/L2.
Get the financing of the sixth season of Binance. 3.DAPPOS DAPPOS is an intended operation protocol, which aims to make DAPP user -friendly like mobile applications.
As a unified operation protocol of the web3, it builds a layer between the user and the public chain, cross -chain bridge and other encrypted infrastructure allows users to complete the verification and execution in the decentralized world as long as it interacts with DAPPOS.
You can easily access decentralized applications without complex processes or in -depth encryption knowledge.
Mind Network: Financing $ 2.5M Mind Network is a combined data protocol that allows developers to cross -platform interoperability data.
The vision of Mind Network is the decentralized knowledge map of the first intelligent connection to the owner and product on the web3.The route map of Mind Network stated that token will be launched in the third quarter of 2023.
Layerzero: Financing $ 315M Layerzero is a full -chain interoperability protocol that focuses on data messages between chains and chains.Layerzero is based on the data transmission method of prophetic machines and recreigators to make the protocol lighter, and it also has a certain guarantee in terms of safety performance.At present, the network adoption rate of the agreement is good, and there is an expected expectation. 6.Celestia: Financing $ 56.5M Celestia is the first modular blockchain network.
It advocates dividing the functions of consensus, settlement, and execution of a single public chain into different floors, and then optimizing the functional layer area to improve performance.The deployment above is optimized in terms of scalability, flexibility and interoperability.
Web3go: Financing $ 4M Web3GO is a data intelligent network that provides a set of artificial intelligence native digital asset tools and real -time data infrastructure.
The network will enable users to produce various artificial intelligence native digital assets, including trading information flow, trading strategy, trading robots, entertainment, education and social intelligent assistants.
Through blockchain to verify asset ownership, it provides creators with a fair, self -custody, and trusting ecosystem.
Paragraph Paragraph is a creator platform on the chain that helps creators to publish, share, and establish business around their content, and use no license protocols to enhance growth and profitable potential.
Paragraph is using a novel chain mechanism. For example, creators can turn the posts into collectibles, send news and communication to the wallet address, profit through regular member qualifications, and use decentralized social agreements (such as FarCaster, Lens, XMTP)Come to build and cultivate their communities.
Not only did he obtain Binance Labs investment in October 2022, but also received investment from the first phase of Base Ecological Fund in September this year.
TABI: Financing $ 10M TABI is a cross -chain NFT platform that provides NFT distribution, transactions, auction, and tailor -made in -store services.The creators and users are designed to be decentralized.At present, the airdrop TABI has been determined to transform the user's chain activity into "empirical value", which can be used to redeem future airdrop rewards and income.
Lifeform LifeForm is a decentralized visual digital identity (DID) solution provider.Its core technologies include: ultra -realistic 3D avatar creation tools; visual DID protocols; security and innovation contract solutions; Web3 native decentralized identity system;
Yuan cosmic engine software development toolkit (SDK), which completed three rounds of three rounds.Financing, the latest round of financing valuation has reached 300 million;
GameFi consists of "Game"+"Defi", which is a decentralized financial model with a game as a carrier. This type of game based on blockchain technology is called "chain tour". It attracts the participation of the majority of players through the characteristics of "Play-to-Earn".Economic system. Common chain tour projects generally have their own tokens as "game coins" in games, which is similar to traditional games in the Web2.0 era.But the difference is that the tokens in chain tour can be exchanged for general tokens in markets such as USDT and ETH, and then exchanged with fiat currency to achieve the connection with real assets, allowing players to achieve the purpose of "Play-to-Earn".Based on this logical foundation, the majority of chain travel projects use different specific operating strategies, which leads to the following chain tour category.
AI Agent has become the hottest topic in the AI circle. The large factory clubs, academic circles, entrepreneurial circles, and investment circles are actively exploring and applied AI Agent.
AI Agent is considered a necessary condition for commercialization of large models, because although the big model is strong, users do not buy it. Therefore, in the future, more large manufacturers and startup companies will move in the field of AI Agent.
Love Fighting Landlord" is a highly anticipated competitive game. By decentralized technology and ZKP technology to ensure fairness and security, at the same time use DAO economic models and NFTActive game experience and diversified profit model.
placing the game on the blockchain, pointing out that the game module and the open economy are the key to making breakthroughs in chain games. Through the module, third -party developers can realize the content beyond the original development of the game, bringing diversity and novelty to the game. However, there are restrictions on existing games such as "Minecraft", and players cannot contribute new modules to existing servers, causing the game universe to be fragmented.Therefore, placing the game on the blockchain can achieve long -lasting participation and emerging content Creation #GAMEFI
Richard Heart, a Bitcoin millionaire and founder of Hex, discussing Bitcoin's purpose and its use cases, as well as the potential of blockchain technology for corporations. #bitcoin
SPACE Nation, which financing 50 million US dollars
Space Nation is a digital entertainment franchise company. The team led by Roland Emmerich and Jerome Wu led by the game industry has developed the core game Space National.
Team members have rich experience in game development and distribution, including Jerome Wu, who used to be the product manager of "World of Warcraft" and the chief of 360 game.
Roland Emmerich is an Oscar winning film producer.Investors include ForeSight Ventures, Lighthouse Capital, etc. #googleai #crypto2023
Encountering “Redemption Code Required” during TestFlight Download. How to solve it?
Downloading the iOS test package for MATR1X FIRE normally doesn’t require a redemption code. If this issue occurs, it’s typically due to downloading TestFlight for the first time without invoking the application downloader. Follow these steps to resolve it:
a. Rescan the code with your mobile device.
b. If the TestFlight redemption screen appears, do not tap “Redeem.” Wait for a moment, and the screen will automatically redirect to the download.
c. If the issue persists, repeat steps 1 and 2. If that still doesn’t work, contact our official support through opening a ticket at Discord https://discord.gg/matr1x .
2. Slow Mobile Connection to the Official Website, Unable to Open
If you’re experiencing slow connection speeds, you can try connecting using different methods:
a. Connect using Wi-Fi.
b. Disconnect Wi-Fi and use mobile data instead.
c. In some specific regions, you may need to use a VPN connection(Nodes in HK &SG areas recommended,must support UDP protocol).
3. I’ve successfully performed an on-chain operation for the activation of ADVANCED and BOOSTED ADVANCED Battle Passes on the Polygon network, but I haven’t seen the confirmation yet. What’s happening?
The activation of ADVANCED and BOOSTED ADVANCED Battle Passes requires a confirmation process that may take some time. Due to the need to wait for 300 blocks on the Polygon network for operation result confirmation, the activation will be confirmed about 10 minutes after the on-chain operation is successful. Please be patient, and the confirmation should appear shortly.
Ⅰ. Questions related to basic information
1. How can I be eligible for the Mission Frontier Alpha Test?
This test is mainly aimed at Android and iOS players. PC simulator and rooted Android devices are not supported. While iPads can be used, their interface isn’t yet fully optimized. Please rest assured we are continuously working on improvements and updates.
3. When does the test starts and ends?
The test is open from August 8th to August 28th, every day from 18:00 to 23:00(SGT)
Ⅱ. Questions related to download and installation
1. After being eligible for the test, how can I download the game?
After you gain eligibility for the test, please open the event page of Mission Frontier from Matr1x official website on your mobile device. Click Download and the system will automatically identify the mobile system and start downloading.
1)Receive verification email from TestFlight with activation code.
Some iOS users may have to download via verification code as follows:
1)Receive verification email from TestFlight with activation code.
3. What should I do if the downloading speed is extremely slow or the download fails?
You can press “stop” and wait for a moment before clicking “start” again. You can also try to re-start the download. If it still fails, please approach official channels for help.
4. What is the configuration requirement of this Mission Frontier Test
In order to ensure a smooth gaming experience, it is recommended to use devices with the following configuration to participate in the test:
iOS mobile phone: memory of 2GB or above, chip of A9 or above, iOS system of 11.0 or above.
Android mobile phone: memory of 3GB or above, XiaoLong chip of 460 or above, Android system of 6.0 or above.
5. How do I log in the game?
Before logging into the game, you need to complete the activation of Mission Frontier Battle Pass. If you haven’t done so, please refer to the guide below:
Mission Frontier Battle Pass Guide
During the 8/8–8/28 SGT test period, log in to the game via an email account with activated Mission Frontier Battle Pass
3)After successfully logging in, you do not need to enter the verification code again next time you login to the game, unless you change your account number or mobile device.
GameFiAll players with activated Battle Pass can join this test, including BP(Basic), BP(Advanced) and BP(Boosted Advanced).
2. What devices are supported in this Mission Frontier Alpha Test?
Some iOS users may have to download via verification code as follows:
2)Download TestFlight from App Store, enter the code and start downloading.
2. What is the size of the installation file? How much storage space do I have to prepare?
Both installation packages for Android and iOS have a size of 800 MB. It is recommended to reserve 3 GB of memory to facilitate the smooth operation of the game.
1.Open the game2.Enter your email account on the login page, click “send” to get the email verification code; enter the code to log into the game.
Ⅲ. Questions related to event & rewards
1. What are the rewards for Battle Pass?
BP Mission Rewards Table
2. What kinds of mission does Battle Pass have? How about the difficulty levels?
BP Missions are classified into “Season Missions” and “Daily Challenges”. The main missions are as follows:
1.“Season Missions”: Competitive match missions; can be completed in games; moderate in difficulty
•Participate in Competitive and Teammatch mode•Win in Competitive and Teammatch mode•Use different weapons to kill and get head-shots•Win MVP•Competitive mode, placement and removal of EMP•Get triple kills and penta-kills•Win rounds•Win end-games
2)Daily challenges: daily minimum time mission and missions like “Win N matches in the first X matches in Competitive mode”; very challenging
•Accumulated game time of N minutes•Win N matches in the first X matches in Competitive mode
3. How can I level up my Battle Pass to lv. 250?
You have to complete the BP missions every day, which will require a daily battle time of around 1 hour, including “Season Missions” and “Daily Challenges”.
Please note: “Daily Challenges” will be reset every day starting from day 11 and can only be completed on that day.
4、What rewards can BP(Basic) get?
Only basic rewards can be activated; ineligible for BP leaderboard rewards, ranking leaderboard rewards and daily rewards for Immortal Legend.
5. What rewards can BP(Advanced) or BP(Boosted Advanced) get?
Both basic and advanced rewards will be activated: large amounts of $FIRE and $MAX; chances of winning genesis avatars; eligibility for both the Battle Pass Experience Leaderboard and the Ranking Score Leaderboard rewards.
TRAITSNIPER's airdrop application has aroused heated discussion in the encrypted community. The number of users in the Twitter and Telegram communities has increased rapidly, and the currency holding address on the chain has also increased significantly. Traitsniper identifies the Twitter user's digital footprint to identify real and influential individuals, and conducts TS token airdrop based on the influence of its Twitter account. At the same time, the success of MEME coins can rarely be copied, because they are more symbols of community consensus and require market freelance games. #googleai
The world of web3 games saw Great growth in 2023, but user adoption remains a challenge for many projects. According to data from Self Analytics, the number of active blockchain games increased slightly to 2,471. However, only 20% of these (226 games) attracted more than 5,000 monthly users.
While funding was up from previous months, investments such as Binance Lab’s $25 million backing of Xterio show continued interest in the potential of Web3 gaming. Sui 8192 also made waves by enabling frictionless blockchain gaming with no barriers to entry.
Its rapid user adoption points to the expansive possibilities of blockchain-integrated gaming.
While Web3 gaming faces Great Upword such as crypto prices, its core value proposition of true ownership and interactivity continues to intrigue developers and users alike. With thoughtful design and accessible experiences, Web3 gaming may soon reach a tipping point toward mainstream adoption.
Data of this report was obtained from Self GameFi BELIEFS
GameFi Projects Overview •The marriage of sports and blockchain technology offers a new perspective on engagement, interactivity, and the potential for true ownership of in-game assets.•The cryptocurrency market has seen its fair share of price fluctuations, with StarShip leading the way in terms of the most significant price change.
However, among the 2,471 games, only 679 managed to attract more than 1000 users on a monthly basis; 226 selected games reached the milestone of attracting more than 1,000 monthly users, representing 9% of all games Will be increasing soon for sure.
What’s new in this ? •Delabs Games Raises $10.7 Million to Build on Polygon•Google Play Store officially allows NFT games,
Metaverse With New In-House Game Studio
Blockchain Game ‘Sui 8192’ Surpasses Solana’s Network Activity•Binance Labs Invests $25M in Web3 Gaming Startup Xterio Sorare operates as a blockchain-powered game that introduces a novel concept where users, called managers, can purchase and trade non-fungible tokens (NFTs) representing elite athletes and participate in competitive events, giving users the opportunity to engage with their favorite sports in an innovative and immersive way. GameFiNFT•Despite the surge, Bitcoin ended the month at a lower value of $29,230, down around 4% from its opening price of $30,587.
In particular, muted summer trading activity and a lack of short-term positive catalysts likely contributed to Bitcoin’s decline. However, as Rachel Lin, CEO of decentralised futures exchange SynFutures, pointed out, Bitcoin’s dip below $30,000 may represent a brief correction in an overarching bullish trend.
Overall Web3 Game Market The number of games continued to grow in, increasing from 3,469 to 5,469.
In July, the peak of user interaction with an impressive 2,014,190 users engaged in various protocols and games. On this day, Alien Worlds stood out with 302,533 users, accounting for nearly 20% of the whole market, underscoring the important role that flagship games play in driving the total number of active users.
Web3 Game Chains In the current month, a total of 1,177 active games have sustained user engagement through their respective game contracts. Particularly noteworthy is the BNB chain, which hosts 50.5% of all engaged games.
two standout games within the BNB ecosystem have successfully drawn an active user base surpassing 20,000 individuals: “Hippo Dash,” developed by Gameta, and “SecondLive.” This accomplishment underscores these games’ ability to capture a significant audience, emphasizing the pivotal role of innovative gameplay and captivating concepts in generating substantial user engagement.
In the current landscape of blockchain gaming, there are still significant barriers to entry. Sui 8192, however, has broken the entry barrier to the blockchain game with impressive user and transaction data on its blockchain.
The rules of Sui 8192 are simple: move numbered blocks in four directions, merging identical blocks to accumulate their values until you reach the target number, 8192. Surprisingly, each block movement triggers a transaction that changes the state of the game objects.
Although seemingly simple, Sui 8192 holds immense potential for the gaming industry.
Not only does it democratize blockchain games, making it accessible from any internet-connected device, but it also imbues the gameplay itself with persistence, integrating it into players’ digital assets.
While trading or gifting games may seem less practical at the moment, this functionality sets a groundbreaking example for future DApps.
The transactional immediacy of each in-game move, quickly processed and seamlessly integrated into the online experience, is a testament to the power of the Sui network.
Sui’s potential lies not only in its ability to process transactions in parallel, but also in its horizontal scalability, achieved by adding nodes to meet increasing demand.
This dual capability ensures consistently low transaction fees, even as more games and decentralized applications migrate to the platform.
With more than 50 games already taking advantage of Sui’s transformative potential within the first few days of its mainnet launch, it’s clear that Sui’s vision transcends the boundaries of “blockchain games”.
It empowers game developers to enrich player experiences through the possibilities of Web3 gaming.
GameFi Projects Overview The blockchain game Sorare on Ethereum has attracted significant attention and has emerged as a frontrunner in terms of user engagement. With 3,037 active users last month, Sorare has made a remarkable entrance, surpassing The Sandbox and Axie Infinity in terms of user numbers.
Similarly, Ultimate Champion remains at the top of the game on Polygon, with the second position secured on BNB Chain.
Ultimate Champions is a unique, free-to-play fantasy football and basketball game featuring officially licensed digital cards hosted as NFTs on the blockchain.
The success underscores the powerful synergy between sports and blockchain games.
The marriage of sports and blockchain technology offers a new perspective on engagement, interactivity, and the potential for true ownership of in-game assets.
The cryptocurrency market has seen its fair share of price fluctuations, with StarShip leading the way in terms of the most significant price change. Operating on the BNB Chain (BNB), StarShip has experienced a remarkable surge, boasting an impressive increase of 890.67%.
This meteoric rise can be largely attributed to the game’s successful launch, which caught the attention and interest of investors. Close on its heels is the well-established Decentral Games, another player in the blockchain gaming space that is super worth learning about.
Meanwhile, Delabs Games, a blockchain game developer, has raised $10.7 million in a seed investment round.
Dark Forest is a decentralized real -time strategy full -chain game based on Ethereum and GNOSIS chains. It uses ZKSNARKS technology to achieve incomplete information mechanisms. Players can publicly submit validable effective movements to maintain privacy. The game is a MMO space conquest game, which is adapted from Liu Cixin's masterpiece.
Google's policy is updated, can web3 usher in a large number of Android users?
Google Store Google Play has recently updated its policy on NFT and blockchain games, allowing applications and games to enter the platform with NFT, and requiring the game to clearly indicate that they use blockchain elements, prohibit exaggerated potential benefits and potential income and Mechanisms that violate the requirements of gaming qualifications.This policy transformation shows that Google began to actively embrace Web 3.0, and Apple's attitude of the same technology giant in the NFT field is not clear. #BinanceTournament #googleai
The P2E mode of the GameFi track cannot continue to grow after several rounds of quotes, and the ownership of game assets will also lose value as the project party fails or falls.
However, GameFi is still one of the most absorbing financing in the cryptocar industry in 2022. The financing amount will be nearly doubled year -on -year, indicating that between the old and new alternation, GameFi may become a explosion in the next round of bull markets.
Shanhai World is a derivative chain tour of ancient Shan Haijing. Through good gaming and free experience, players have real players and consumption. At the same time, free ownership of users through blockchain technology such as NFT. #GOATMoments #BinanceTournament
As creators of virtual worlds, our goal is to create environments that are engaging and interesting for users.
This means finding a balance between designing a digital physics that allows for complex and unexpected behaviors to emerge, and ensuring that the available infrastructure can support these behaviors.
To do this, we must consider three main dimensions of digital physics: time, the form of its laws, and the scope within which these laws apply. #GOATMoments
The recent Crypto thinks and follows this 100 times Alpha
The weekend is as dull as ever, and the big cake fluctuates less than 200U a day.
The cottage is slightly performed, and there is no abnormality in general.*** The market has no vitality, there is no concept at this stage, and funds are not emotional.
It is in a cold period.*** Big cakes have enough triangle here.
This week, there is a small direction, just a small direction, which does not fully change the vibration of the current big cake. Good trial and error location.
If you go directly, then it is too strong. It would be great if you can break through 3.04W.
In short, there will be a small direction this week, which is clear.
CrossSpace: Unveiling the First-ever PFP NFT Collection and Exciting Gameplay Roadmap
CrossSpace announces the release of their first collection of Character PFPs, known as "The Space Crossers," and shares the roadmap for their release, aiming to reward early supporters and provide more opportunities for earning within the CrossSpace ecosystem
It has been an incredible journey with the CrossSpace community over the past few months since we launched the SBT campaign. We want to express our sincere appreciation for the support of our early supporters, especially during the challenging times of the bear market.
The world of gaming is undergoing a paradigm shift with the blockchain technologies, ushering in a new era of decentralized and rewarding game experiences.
As this ever-changing landscape continues to evolve, an increasing number of gamers are flocking to this space. It is important for gamers to stay informed about the emerging trends and analytics that are shaping the web3 gaming industry now.
In this article, we will introduce you into the exciting world of web3 gaming analytics. We’ll dive deep into the data metrics and insights that every gamer should be paying attention to, from overall game data to in-game tokens and NFTs.
In addition, we will provide you with three tools that simplify the process of accessing, analyzing, and gaining useful insights from these data. GameFi According to Gamers Blockchain games are revolutionising the gaming industry by introducing an open economy and digital asset ownership, setting them apart from traditional games.
Unlike traditional games, players of blockchain games have real ownership of in-game assets and the freedom to trade or sell them for cryptocurrency. This fundamental shift is attracting both gamers and crypto enthusiasts, resulting in the emergence of a user-centric gaming world.
Gamers play a pivotal role in the web3 gaming world as they actively create, trade, contribute to and shape the gaming ecosystem. In a promising game, it is essential that on-chain data is transparent, enabling gamers to make informed investment decisions and optimise their game accounts at the right time and place.
This allows them to maximise their gaming experience and stay engaged with the game for a longer period of time.
Projects in the blockchain gaming space should strive to provide players with compelling games, while players should actively monitor metrics that can influence the game, ensuring their rights are protected and allowing them to reap more benefits from their participation.
Web3 Gaming Analytics Gamers Should Take Note Of Market Size Market size refers to the total value of a specific market, usually measured by revenue or sales.
In the web3 games industry, market size is a broader concept that helps you understand the size of a game currently, and it is essential for players to determine the stability and reputation of a game. By analyzing market size, players can make informed decisions about investing their time and resources in a particular game.
Several important factors affect market size in the web3 game industry. To determine a game’s market size, gamers should notice the number of active users, transaction volume, and transaction value.
In the realm of web3 gaming, the number of active users plays a crucial role in determining the popularity and impact of a project. A larger user base indicates greater influence and stability.
Transaction volume and value serve as a measure of the project’s commercial potential, reflecting the level of user engagement and trustment.
A higher transaction value indicates greater revenue and profit potential.
By considering all of these elements, players can gain a clear understanding of the market size of a particular game and make an informed decision about their commitment to the project. ***From the Footprint Analytics research page, you can track all the data you need to evaluate game size, including the number of active users, transaction volume, and transaction value.
By analyzing the data, you can find games that are not only entertaining, but also stable, profitable, and have a strong in-game economy.
Token performance is a critical factor in determining the trend and development of a Web3 game, as it indicates an increase in market confidence, which can attract additional gamers and even investors to the game.
A game’s native token is often used as a medium of exchange within the game’s ecosystem, and its market performance indicates market confidence and expectations for the game. Because the value of these tokens can change based on supply and demand in the real market, it is crucial for players to regularly monitor token performance and make strategic decisions in the game.
When the price of a token rises, it means that the market is confident in the game and expects it to get better. Also, a game with good token performance will be more likely a strong game that receives long-term stable support from the gamers. However, token price fluctuations can also indicate market uncertainty and potential danger.
A sharp drop in price could indicate a lack of confidence in the company, causing investors and participants to lose interest. The ideal situation would be a steady increase in token price with moderate volatility.
This shows that the market is positive and believes in the project, but there is no excessive speculation. In order to achieve a steady increase in the token price with minimal volatility, a number of components must be in place, including a clear and defined game roadmap, a strong and loyal community, a robust risk management game environment, and well-designed token economics.
Therefore, it is an excellent metric for gamers to track. ***From the Naga Analytics page, players can monitor the performance of each game’s token, including its fluctuations over the last 24 hours. By gaining insight into token performance, players can better engage with and influence the dynamic economy that underpins the game itself.
NFT artist Mitchell F. Chan has created a data-heavy, browser-based game called The Boys of Summer, which combines hardcore baseball stats with experimental blockchain technology and explores the impact of statistical overload beyond the diamond, built around his upcoming Ethereum NFT art collection of 999 unique player characters.
Moneyball‘ Meets Crypto in ‘Boys of Summer‘ Experimental NFT Game - Decrypt
This story comes from GG. Your Web3 Gaming Power-Up What happens when you combine hardcore baseball stats with experimental blockchain tech? A data-heavy, browser-based game called The Boys of Summer—NFT artist Mitchell F. Chan’s latest obsession.
Long before Chan became known among NFT collectors for his influential and experimental work, he was a college student attending Ottawa Lynx minor league games and pulling stats for baseball historian Bill James—the partial inspiration for “Moneyball,” the 2003 book by Michael Lewis turned Hollywood film. Describing it as a “crap student summer job,” Chan was paid $20 for each game he covered that summer—but the experience and his affinity for numbers stuck with him.
He’s now created The Boys of Summer, a baseball-themed game that explores the impact of statistical overload well beyond the diamond, built around his upcoming Ethereum NFT art collection of 999 unique player characters.
From trailblazing crypto artist @mitchellfchan comes The Boys of Summer: A playable art game & subversive PFP collection exploring the quantification of our lives, using 2 quintessentially quantified cultures as the creative medium: Crypto & sports.
This summer. Stay tuned. pic.twitter.com/w88w0R2BXf — Wildxyz (@wildxyz) July 18, 2023 After purchasing one of the profile picture (PFP) NFTs from the Wild.xyz digital art platform beginning August 16, owners can edit their character's attributes—such as their jersey number, hitting, running, and fielding talents as a high school baseball player.
The unique traits of each PFP are only revealed after playing the game. “The Boys of Summer is inspired by the idea that statistics and numbers are the tools we use to tell very complicated stories,” Chan said.
“They're very simple tools and very blunt instruments, and yet more and more they are the only tools that we use to tell stories. Baseball is where we first get this idea that a person can be represented fairly accurately as a selection of statistics.”
As the game’s story arc continues, users attribute points beyond baseball into their social lives, time spent studying in school, sleep, oral care, exercise, sex life, and other mundane concerns.
In essence, it's a baseball management simulation that extends far beyond the diamond.
That makes it a balancing act of nature vs. nurture, per the project website, exploring the life of an athlete that isn't limited to the numbers they rack up on the field. Much as in the real world, some players will get drafted into the major leagues… while others get jobs in an Amazon warehouse and struggle with bills, housing, loans, relationships, and other aspects of their life that are visualized on-screen as data points.
“This trend that happened in baseball in the early-aughts ‘Moneyball era’ ends up becoming a trend that infiltrates all of our lives. There’s really nothing about my life that I can’t quantify,” said Chan, mentioning his health-tracking Fitbit. “This project is not about baseball at all. It’s about statistics and quantification,” he added.
“That idea leads really naturally into this project really being about crypto culture and NFT culture, and the culture of the quantified self.” As seen in the gameplay video above, numbers suddenly overwhelm the game’s screen to the point where you can't even see your player anymore. But there's a method to the madness: your decisions and the outcomes are saved as metadata to the tokens, which can be bought and sold via NFT marketplaces.
“This is how your data actually looks to Amazon, Google, or Facebook,” Chan said of the mass of numbers depicted in his latest game. “Honestly, I made [The Boys of Summer] for people who I spend all my time with online, who were some OG NFT collectors who really love NFTs and PFPs.” “This is the performance.
Everyone plays the game, makes themselves into data, and becomes searchable on the market,” he continued. “We've ended up talking about this really complicated participatory performance art piece about the nature of data in society and capitalism. But I take you there by presenting you with some cute PFPs and a little baseball game.”
The Boys of Summer is Chan’s latest experimental game project, following 2022’s Winslow Homer’s Croquet Challenge—another artistic game based on a sport, yet not really about playing it… at least entirely.
Chan’s best-known work is “Digital Zones of Immaterial Pictorial Sensibility,” a project released in 2017 as an early, prominent example of NFT art. Accompanied at launch by a 33-page essay, the project is a meta commentary of sorts on the nature of blockchain ownership, with each image resembling a receipt… which unlocks a blank digital space. “Digital Zones of Immaterial Pictorial Sensibility,” inspired by the real-world work of Yves Klein, is considered a historic NFT “grail” project by some collectors. One edition sold for more than $1.5 million in 2021 via auction house Sotheby’s.
“The way that project blew up, it really helped me double down my resolve that I can make big, complicated art, and I can make messy conceptual statements—and people will listen,” said Chan. “You just gotta treat curious people like they’re smart, which the art world is not always great at doing. It proves to me that I don’t need to make art that I can explain in a single tweet.”
Today, @Sothebys opens auction of my artwork, "Digital Zone of Immaterial Pictorial Sensibility Series 0, No. 10" https://t.co/vL8vfODuHF Auction runs until Oct 26.
Info on the sale, resources about the project, and thanks to longtime supporters follow... pic.twitter.com/7AZB8CJZVj — Mitchell F Chan (@mitchellfchan) October 18, 2021 Major video game publishers like Ubisoft have faced backlash from gamers who think NFTs add little value to the gaming experience, and are just a cash grab from developers.
Some crypto gaming executives even want to ditch the term “NFT” altogether. But Chan doesn’t see his projects as being comparable to most crypto-infused games.
‘Moneyball‘ Meets Crypto in ‘Boys of Summer‘ Experimental NFT Game
Major video game publishers like Ubisoft have faced backlash from gamers who think NFTs add little value to the gaming experience, and are just a cash grab from developers. Some crypto gaming executives even want to ditch the term “NFT” altogether. But Chan doesn’t see his projects as being comparable to most crypto-infused games.
“I’m so far away from anything that would be called blockchain gaming,” he told Decrypt. “I'm a person who believes art can and should look like video games, because digital art is a thing and it shouldn't just be a static image on a screen. I’m a person who’s trying to make video game art, and I was one of the pioneers of the idea that art should be sold as tokens.”
“Blockchain gaming, like when EA Sports puts NFTs cards in their things—I’m genuinely interested in it, because it’s gonna be a way to make money,” Chan continued. “That's fine, businesses make money. I'm not against that or so prurient or anything like that. I just wanna make art and make art look like video games, and I wanna let people collect the art.”
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