The popularity of blockchain games continues to rise, with Game Verse driving the new wave of GameFi
Source: dabaima
At the end of August this year, the one-stop GameFi ecosystem PocketBuff upgraded its brand to Game Verse. After completing the brand upgrade, the number of wallet users grew by over 70,000 in September alone, and the community became more active.
We see that Game Verse is injecting new vitality into the development of the GameFi sector with its unique solutions. As a GameFi as a Service platform in the early stages of industry development, Game Verse has built a GameFi aggregation platform that integrates wallets, AAA quality games, NFT trading, information, and DAOs, providing comprehensive support for blockchain game players and guilds, and offering rapid blockchain publishing services for traditional IPs and high-quality games. Game Verse aims to continue building an ecosystem that benefits both players and Web3 games under its new brand power, promoting the long-term development of the Web3 gaming field.
A Solid Web2 Gaming Background is Key to Product Success
Game Verse was founded by core members of Longtu Korea, a team with solid publishing capabilities in the global gaming field and a large number of globally recognized AAA game IPs. For example, Longtu Korea has launched iconic games such as "Bless Global" and "Yulgang Global," attracting over 10 million fans worldwide.
"Bless Global" is the first blockchain-released game targeting the market within the Game Verse ecosystem. Benefiting from its prototype "Bless," which had approximately 20 million cumulative users, 1 million monthly active users, and about 200,000 daily active users, "Bless Global" has also achieved impressive results. It is reported that before its launch earlier this year, the global number of reservations exceeded 2 million, and during the Beta testing period, the retention rate of participating users reached 94%, with an average online duration of about 218 minutes, showcasing its immense appeal to players.
Recently, Game Verse once again launched "Sword and Magic World" through blockchain publishing of the game "Sword and Magic." As the second blockchain game in the ecosystem, it is reported that the game will be launched simultaneously on the App Store, Google Play, and Huawei App Gallery on October 26, and reservations have already begun. The reservation period has also been very popular, with total reservations exceeding 100,000, and the market heat after the game's launch is also expected.
Despite the GameFi Winter, Game Verse's Market Activities Remain Booming
In fact, since entering 2022, a series of black swan events have continuously led the crypto market into a downward cycle, causing the GameFi market to remain sluggish. According to Rootdata's financing data chart, it is evident that the number of financing rounds and financing amounts in the Web3 gaming sector have been hitting new lows, while the vast majority of existing games are struggling in terms of data performance. This starkly contrasts with the bustling scene of the GameFi sector in 2021.
Even in such a market context, the series of market activities launched by Game Verse remain incredibly popular.
After completing its brand upgrade at the end of August, Game Verse launched the Genesis NFT series "Enter the Verse." This asset is the official NFT collection of Game Verse, representing a passport to the gaming universe it is building. These NFTs have a limited supply and are practical NFTs. Holding this asset allows users to earn staking rewards, participate for free in Game Verse tournaments, and access airdrop opportunities provided by partners.
Currently, Game Verse has launched four phases of staking activities for the Genesis NFTs to earn $SWO tokens, with over 12,000 Genesis NFTs participating in the staking activities, which have been exceptionally popular, and the number of unique NFT holding addresses has reached over 7,000.
It is reported that $SWO is the utility token for "Sword and Magic World," adopting an "internal circulation consumption model + deflationary release model." The total supply is 120 million tokens, of which 75% will be generated within the game. Players can earn $SWO in the game or dissolve $SWO to exchange for in-game items. This ensures that $SWO enters the market in a stable and reasonable manner, thereby establishing strong ecological value for the game.
In addition, Game Verse has also quickly gained listing support from top trading platforms such as Gate and MEXC, and the $SWO token will soon be available for trading on these platforms. The circulation of the $SWO token in external markets will help Game Verse further capture external value and promote the long-term development of its ecosystem through a flexible token economic system.
Moreover, Game Verse has currently reached a strategic cooperation with the well-known oracle ecosystem Chainlink. Chainlink recently launched the Chainlink BUILD program, which allows new projects to integrate Chainlink services before gaining widespread use and adoption, helping Web3 developers build highly secure dApps that support more advanced use cases from the start. Game Verse's participation in this program will further provide a safer and lower-threshold development environment for more game developers and accelerate the development process of the Game Verse gaming ecosystem.
Michael Cameron, co-founder and CEO of Game Verse, stated: "Joining the Chainlink BUILD program is of great significance for the Game Verse platform. By combining Game Verse's existing services with Chainlink's powerful ecosystem, we will accelerate the development of blockchain games, enabling more high-quality, interesting, and fun games to be quickly released in blockchain form, and establish a strong ecological moat through NFT and token economic systems. In the future, we will continue to collaborate with high-quality ecosystems in the industry to jointly promote the development of Web3 Gaming."
Game Verse: A Driving Force in the Development of the GameFi Sector
Game Verse is injecting new vitality into the development of the blockchain gaming sector with its unique solutions. As a GameFi as a Service platform in the early stages of industry development, Game Verse has built a GameFi aggregation platform that integrates wallets, AAA quality games, NFT trading, information, and DAOs, providing comprehensive support for blockchain game players and guilds, and offering rapid blockchain publishing services for traditional IPs and high-quality games, gradually becoming a traffic entry point for GameFi.
The one-stop blockchain publishing services that Game Verse can provide help blockchain game projects shorten their setup time from 3 months to half a year, while supporting game operation, a complete management backend, data reports, message buses, and more. It also supports one-click SDKs, including functions and APIs required by game developers for minting, consumption, conversion, trading, etc., supporting blind boxes, auctions, airdrops, and customizing optimizations based on game scenarios, making GameFi more extensible and customizable after blockchain publishing.
It is reported that Game Verse currently has a reserve of multiple games and IPs with tens of millions of users, as well as professional game business development teams, and plans to establish a GameFi-specific investment fund to attract and convert users through the blockchain publishing of multiple mature high-quality games, providing traffic support plans for quality projects.
In the increasingly competitive blockchain gaming market, Game Verse stands out with its unique advantages. First, as a leading blockchain technology provider in the industry, Game Verse has a mature and secure aggregation platform and a complete underlying blockchain infrastructure, ensuring product quality and technical strength. Backed by a listed company, Game Verse has a senior industry background, providing clients with publishing experience from Web2 to Web3.
Game Verse has accumulated years of technical reserves in AI, AR, and VR, leading it ahead of competitors in the GameFi Steam platform, and is about to launch an AIGC platform with a model of 2 billion parameters, further enhancing its market competitiveness. Based on years of Web2 game development and publishing experience, Game Verse has gathered complete Web3 operational resources, providing clients with comprehensive solutions and is expected to bring new growth points to Web3 games.
Currently, the launch of two large high-quality games through blockchain publishing has proven the feasibility of transitioning from Web2 games to blockchain games, and compared to traditional versions, it has improved the 90-day paying user retention rate by 700%, further enhancing LTV and ROI, allowing both games and players to achieve a win-win situation through asset on-chain trading and other means.
Game Verse, through blockchain publishing services, AI support, and other professional services, will attract more high-quality games into the blockchain gaming industry and become a driving force for a new wave of GameFi enthusiasm.