Although there is an overall downturn in the gaming market, Web3 gaming has continued to make investments but it will need innovative tactics to keep the market interested. the gaming industry of Web3 is looking for ways to integrate blockchain with entertainment. So Solana Labs and Amazon both jump in to find out the impact of Web 3 and Blockchain.
Bloomverse went one step ahead and aimed for a future in which virtual achievements affect social status. Bloomverse is a play-to-earn blockchain metaverse game where players can own NFT characters and items and earn BLOOM tokens on the Solana network.
#Amazon and #Solana Labs bet on #gaming and #blockchain converging for real-world impact :
The #Web3 gaming industry is looking for ways to integrate blockchain with interactive entertainment. Bloomverse goes one step further and imagines a future where virtual achievements… pic.twitter.com/mCgglJGqva
— TOBTC (@_TOBTC) February 10, 2024The market of cryptocurrency was facing a downward trend in 2023, but the web3 industry of gaming is still thriving. The projects of blockchain gaming have gotten almost $2.9 billion in investments in 2023. They have almost 1.1 million active users daily. The chiefs in this area have shown the potential for “tens of millions” of new players coming in 2024.
The gaming industry of Web3 might gathered the capital but it needs hard work to create a sustainable economic model because the current Web3 games have very limited use for its assets in-game for the outer network. But, the Web3 gaming industry is on its way to transformation and growth, and blockchain-based games, need improvement.
Web3 gaming will require new ideas to sustain in the ever-challenging world of blockchain along with infotainment. So, next-gen developers of web3 must create an engaging structure of gaming, an economy of sustainable in-game, user-friendly interfaces, and, ads that won’t disturb during the game.
Bloomverse is a game that is blockchain-based. It integrates brands and online stores and they provide services in their core mechanics. They can solve gaming concerns by making a system that will create products, NFTs markets, and content creators. The platform lets the brands participate directly in the gameplay. They have specific storylines in which brands contribute to mini-games or side quests. It is been two years since its development, and Bloomverse has already partnered with ten companies and brands including industry giants like Amazon, Solana Labs, and Glytch.
💥 Dive into the future of gaming! 🎮 Amazon and Solana Labs are placing their bets on the convergence of gaming and blockchain, and Bloomverse is leading the charge! 🚀
Despite market fluctuations, the Web3 gaming industry is booming, attracting billions in investments. 💰… pic.twitter.com/AfqdFiwCvm
— BioZ (@BioZ_official) February 13, 2024The play-to-earn economic model of Bloomverse
Bloomverse is looking for ways to enhance the gaming experience of their users, they have enlisted the creator and author of Octalysis Prime, Yu-Kai Chou, it is a gamification model that examines the motivation of humans through eight core drives, each core shows the reason for human doings and why they do it.
This economic model is looking to enhance the game economies and engagement and sustainability through experts like Steven Sabol, who is an economy director of Star Atlas. He has created a model of token-neutral. Bloomverse aims to create a game that users can easily adapt to while using non-fungible tokens and the technology of blockchain.
