Join Our Telegram channel to stay up to date on breaking news coverage
Ava Labs has recently unveiled a new platform aimed at helping Web2 companies make the jump to blockchain gaming. Web3 gaming has become a significant development in the rapidly expanding blockchain world. Web3 integration in the gaming sector has constantly enhanced the user’s experience in gaming. Ava Labs, which develops high-speed blockchain Avalanche, has revealed the launch of a Web3 game construction support program, Avalanche Arcad3.
Ava Labs Launches Arcad3 Program
Avalanche Arcad3 is a program that helps traditional gaming companies enter the blockchain gaming sector. Moreover, it helps to accelerate their development in the blockchain space by utilizing the strength of the Avalanche Network. The new growth is expected to create a new era for the Web3 gaming industry.
According to the Twitter thread, the program has three main components. Arcad3 is envisaged to help companies find the right partners within web3—including Ava Labs— to make onboarding easier. It is also designed to help with marketing by “creating on-chain affiliate marketing with eSports teams and influencers, incentivizing engagement through digital collectibles, and spurring user content creation through in-game tokens.”
Avalanche Arcad3 is open!
We’re proud to present Arcad3, a new program to help traditional game developers transition into Web3 gaming seamlessly.
Arcad3 offers support for these Web2 brands in the form of onboarding education, marketing support, tokenomics advice and more. https://t.co/mCu75yNCiZ pic.twitter.com/BRGW85oX3l
— Avalanche Gaming 🔺 (@GamingOnAvax) June 9, 2023
Additionally, Arcad3 will help participants with tokenomics by ensuring that the in-game economies are compliant and stable.
Ava Labs Partnerships
According to the report, the Avalanche Arcad3 aims to accelerate Web3 development for traditional gaming studios. It will help the Web2 gaming leaders launch a robust blockchain deployment. The launch includes an inaugural cohort headlined by the Japanese media powerhouses GREE and Gumi.
Ava Labs noted that the Japanese metaverse and entertainment firms Gree and Gumi have joined Arcad3 as two of its earliest partners exploring blockchain gaming via an Ethereum-compatible chain.
The Board of Directors and SVP, Metaverse at GREE, Eiji Araki, has further noted:
GREE has always focused on the future of the gaming industry. We’re excited to be part of Ava Lab’s Arcad3 program to stay ahead in Web3 gaming and develop relationships with the studios experimenting and building the space.
Avalanche Arcad3 promises to connect “Web2” game makers with existing esports organizations, blockchain gaming guilds, and web3 gaming studios building on Avalanche. The program will additionally offer strategies on regulatory compliance and how NFTs, prize pools, esports marketing, and in-game tokens can be implemented on-chain.
Arcad3 partners will get access to a curated range of Web3 brands. It will give them expertise in Web3 gaming topics. Moreover, it provides a unique opportunity to learn and collaborate with the top Web3 gaming developers.
Blockchain Gaming Remains Popular Despite Recent Regulatory Turmoil
Despite the ongoing regulatory setbacks on the digital assets industry and the apparent cooling off of various institutions on the prospects of web3 following the “crypto winter,” blockchain gaming remains highly enticing to many individuals.
Earlier this week, a blockchain gaming company, Argus, completed its $10 million seed round. The company aims to help developers create fully on-chain video games. This is by helping streamline the process with specialized tools.
Thrilled to announce our $10M seed round led by @HaunVentures with participation from prominent funds, strategic investors, and angels, including @AlchemyPlatform @robotventures @eladgil @balajis, @cjliu49, @blader, and other to push the envelope of fully on-chain games. pic.twitter.com/8DaZmYmzkU
— ARGUS ◢ ✦ ◣ (@ArgusLabs_) June 6, 2023
Moreover, the Ava labs team has helped build over ten gaming subnets and 100+ Web3 games. It is worth noting that the Web3 gaming sector is enhancing the user’s experience, as blockchain gaming remains highly captivating to many.
More News:
Wall Street Memes – Next Big Crypto
Early Access Presale Live Now
Established Community of Stocks & Crypto Traders
Featured on BeInCrypto, Bitcoinist, Yahoo Finance
Rated Best Crypto to Buy Now In Meme Coin Sector
Team Behind OpenSea NFT Collection – Wall St Bulls
Tweets Replied to by Elon Musk
Join Our Telegram channel to stay up to date on breaking news coverage
