On June 8, the "Web3+2024 in Vietnam: the New Era of GameFi" summit, hosted by Websea Labs and co-organized by Meta Heaven, ABGA and Chain Catcher, came to a successful conclusion in Ho Chi Minh City, Vietnam. The summit brought together top experts, investors and practitioners in the global blockchain and GameFi fields to discuss the future trends of the GameFi track and share the latest industry insights.
The summit attracted the participation of many well-known projects and institutions, including HASHKEY, Future3 Campus, Conflux Network, Klaytn Foundation, Aptos Labs, SEI, ZetaChain, Web3port, MT Capital, K300 Ventures, Arche Fund, Aura, Degame, W3GG, Zentry and Ancient8.
The event officially kicked off with the enthusiastic opening speech by Mr. Hunter, partner of Chain Catcher. Hunter warmly welcomed the guests and emphasized the importance and expectations of this summit.
Afterwards, Herbert took the stage and gave a detailed introduction to Websea Labs' vision, mission and future development plan. In his speech, Herbert elaborated on Websea Labs' strategic layout and outstanding achievements in blockchain technology and application innovation, and emphasized the important role played by Websea Labs in promoting industry development.
As an important part of the Websea ecosystem, Websea Labs is committed to promoting the development of the entire blockchain industry through technological innovation and ecosystem construction. Herbert pointed out that Websea Labs' vision is to become an engine for global blockchain technology innovation and bring disruptive changes to the industry. To achieve this goal, Websea Labs continues to invest resources to incubate and support innovative projects with great potential.
Herbert introduced the layout plan of Websea Labs in detail, including the establishment of a special incubation fund, focusing on investing in and supporting high-quality projects in the core track. By providing all-round support in terms of funds, technology and market, Websea Labs not only helps these projects grow rapidly, but also successfully integrates them into the Websea ecosystem, enhancing the innovation ability and market competitiveness of the entire ecosystem.
Herbert specifically mentioned that Websea Labs' innovative exploration and practical application in the GameFi field have achieved initial results. Through incubation projects such as Meta Heaven, Websea Labs has demonstrated its strong ability to combine blockchain technology with traditional game models. Meta Heaven not only innovated the in-game economic model and player interaction mechanism, but also successfully attracted a large number of users, proving the success of Websea Labs' incubation strategy.
Finally, Herbert said that Websea Labs will continue to adhere to the innovation-driven development concept, constantly explore new technologies and application scenarios, and promote the progress of the entire blockchain industry. Herbert called on global industry partners and technical experts to join the Websea Labs ecosystem to jointly welcome the arrival of the Web3 era and create a better future.
One of the highlights of the summit was the debut of Meta Heaven. Meta Heaven is the first Web3 game incubated by Websea Labs. It combines traditional farming, ranching and mining with the advantages of blockchain technology, designs a self-sufficient in-game circulation market, has a healthy economic model and a new player training system. Meta Heaven COO Daryl Teo took the stage to present the core highlights and development plans of the project, attracting the attention of many participants.
Meta Heaven has not only achieved a breakthrough in technology, but also improved user participation and stickiness through innovative economic models and player interaction mechanisms. This press conference marks that Meta Heaven has entered the final development stage, and also demonstrates Websea Labs' strong incubation capabilities in the GameFi field.
Afterwards, Skylar, the head of ABGA’s accelerator, took the stage and brought unique insights on GameFi, guilds, and communities under the theme of “Asia’s Advantages of the Global Web3 Gaming Ecosystem.” Skylar made an in-depth analysis of Asia’s unique advantages in the global Web3 gaming ecosystem, emphasizing the leading position of the Asian market in technological innovation, user base, and community building.
Skylar mentioned that Asia's Web3 gaming ecosystem has great potential, especially in the GameFi field. Asia's technological innovation capabilities, large user base, and active community culture provide a solid foundation for the development of GameFi. She also emphasized the key role of guilds and communities in promoting the GameFi ecosystem, pointing out that guilds not only play an important role in attracting new players, but also play an important role in player education, support, and governance.
The summit set up three themed panel discussions, which respectively explored the role and challenges of public chains in GameFi, the capital market's views on GameFi and investment strategies, and the influence and business model of GameFi ecosystem players.
Panel 1: The future of public chains and their integration with GameFi
Conflux Network's Global Expansion Head Chris Oertel, Aptos Labs' Korea Business Lead Christie, and Metaheaven COO Daryl Teo participated in the discussion.
Chris Oertel made an in-depth analysis of the role of public chains in supporting the development of the GameFi ecosystem, emphasizing that the security, decentralization, and efficient transaction foundation provided by public chains are crucial to the GameFi project. Christie shared Aptos' innovative practices in promoting the GameFi ecosystem, pointing out that the high performance and low latency of public chains are the main reasons for attracting game developers. Daryl Teo discussed the challenges and opportunities encountered by Metaheaven in the process of combining with public chain technology from the perspective of actual project operations, emphasizing that the maturity and development of public chain technology provide strong support for GameFi projects such as Metaheaven, enabling them to create competitive and innovative gaming experiences.
Panel 2: Capital market’s views on GameFi and investment strategies
Kiwi, Ike Li, investment director of Web3port, and Nathan, leader of Arche Fund investment, participated in the discussion.
Kiwi introduced the overall situation of the current GameFi market, pointing out that GameFi, as an emerging track, is attracting more and more capital attention. Ike Li shared Web3port's evaluation criteria and investment strategy in selecting GameFi projects, emphasizing the importance of the project team's background and execution capabilities as well as technological innovation. Nathan discussed the main trends and challenges of current GameFi investment from the perspective of the capital market, pointing out that although the GameFi market has great potential, risks cannot be ignored.
Panel 3: The influence and business model of Gamefi ecosystem players
The discussion was moderated by Kevin Shao, Executive Chairman of ABGA. Guests included Shriyank Khobragade, Head of External Partnerships and Business at Aura, Rachel, Head of Business Development at Degame, Denise, Head of Business Development at W3GG, Arnav Rawal, Head of Business Development at Zentry, and Ronald Aparajit, Head of BD at Ancient8.
Kevin Shao first introduced the current development status and future trends of the GameFi ecosystem. Shriyank Khobragade shared Aura's successful experience in the GameFi field, emphasizing the importance of the player community in promoting project development. Rachel discussed Degame's innovative strategies in business development and how to enhance player stickiness by improving user experience. Denise gave a detailed introduction to W3GG's practices in player interaction and community building, pointing out the core role of community power in the GameFi project. Arnav Rawal shared Zentry's experience in optimizing game economic models and player benefits, emphasizing the combination of game design and economic incentives. Ronald Aparajit discussed the role of Ancient8 in promoting the healthy development of the GameFi ecosystem, especially how to promote continuous innovation in the GameFi ecosystem through cross-border cooperation.
Through this summit, Websea Labs not only demonstrated its deep accumulation and innovation capabilities in the fields of blockchain and GameFi, but also strengthened its connections with global industry leaders and partners. Websea Labs is committed to promoting technological progress and ecological development of the entire industry by incubating and supporting innovative projects.
Websea Labs will continue to increase investment and support for core tracks and high-quality projects through special incubation funds. Its incubation projects will enjoy all-round support such as financial support, resource docking, traffic introduction and rapid currency listing, ensuring that every project can thrive in the Websea ecosystem.
The successful holding of this summit has enhanced the influence of Websea Labs in the global blockchain and GameFi fields, and injected new vitality into the development of the industry. In the future, Websea Labs will continue to promote technological innovation and ecological construction, and provide an open and shared communication platform for global encryption practitioners, investors and enthusiasts.
