On gaming strategy, Delphi Digital recommends soulbound NFTs, seasonal engagement, and e-sport tournaments. In particular, Project NOR, as the new PlayFi (play-then-finance) narrative, is building games for plays as new and free experience toward increasing skills – before building payments, tokens, collectibles, markets as financial infrastructure around those plays.
On gaming tools, Game7 identities wallet integrations and NFT standards as key technical problems after interviewing 100+ developers. Along with Leon Do’s SDK, Harmony shall focus developing a comprehensive offering with random number generators, NFT indexing, fiat on-ramp, mobile authentication – then soon metadata updates, social wallets, tournament escrow, and embedded marketplaces.
- 🕹️Games on Harmony, 📘Research Reports, 🌳Industry Analysis
State of Harmony Q2 2022
The growth in DeFi Kingdoms users on Harmony in previous quarters shed light on the potential for GameFi applications. To that end, Harmony will look to expand on that recent success by making strategic investments in gaming studios and upcoming games while building out an SDK to create a smooth experience for the next cohort of GameFi developers.
messari.io
Harmony Continues Web3 Push As More Dapps Join Its Ecosystem
Harmony is committed to developing efficient Web3 infrastructure, empowering the next-gen dapps. The blockchain enables Ethernet applications to run smoothly in its network. Recently, Harmony's ecosystem has achieved several milestones, with various dapps joining and diversifying its ecosystem. Summary: Harmony is an optimal scalable Web3 infrastructure for DeFi and NFT projects to thrive.
dappradar.com
👩💻Gam7 Report by Developers
Open-source repository of game dev smart contracts that is actively maintained.
- NFT functionalities like Staking (locking NFT to generate yield), Crafting (combining NFTs to generate a new NFT), Lootboxes (claiming tokens by opening a randomized box).
- Tournament Escrow and Payout.
GAME7: Sustainable Gaming Revolution
GAME7: Sustainable Gaming
game7.io
📘Research Reports on Blockchain Gaming
a16z.com
a16z.com
Play To Earn (P2E) Wallet for Game Developers
How to build server side wallets for web3 game developers. I want players to be take items drops (not NFT regular items) to a merchant NPC. The merchant will take hand out a token. There are a few ways to build a crypto game. All data is on chain.
leondo.medium.com
The Future of (Crypto) Gaming - Delphi Digital
It's no secret by now that most gamers hate crypto. We've witnessed heavy community backlash around announcements such as Ubisoft Quartz and even more recently with Dr DisRespect's Midnight Society. Video game commentators such as Asmongold, Josh Strife Hayes, and many more continue to hound the sector-often with good reason.
members.delphidigital.io
Importantly, the fairness of the game was also sacrosanct. There were no cheat codes, purchasable power-ups, or other consumables to give a player an edge. These games were raw forms of competition, with essentially all variables aside from their environment within the player’s control. Users had guarantees that they could win these games on pure skill alone, unlike much of what we see in the modern era. Fair play, and the thrill of risk… By focusing upon improving retention, before layering in monetization, the free-to-play games industry led to a set of behaviorist mechanics which relied upon the psychology of addiction in order to retain and monetize players. These included appointment mechanics, and careful use of notifications and social features to keep players constantly checking in.
One potential solution is to limit the transferability of consumable items in the early days of the game, until more components of the game and economy are built out. They wouldn’t be on-chain, they’d just be linked to the account that generated those resources… Another solution would be to limit the economic relevance or lifespan of these consumable in-game items or assets. By setting expectations early on with players that these assets won’t generate ROI into perpetuity, teams will be in a better position to manage and tune their economy. An example would be setting up a seasonal reset for the economy (see: Diablo II ladder, Path of Exile seasons, or wipes in Escape from Tarkov), having resources that expire, or building in lifecycles (creation, decay, and potential destruction) into in-game assets.
As with the pro sports model, scarcity of experience matters. Both in terms of skill level, but also in terms of cadence of competition. In soccer, Ronaldo will only set foot on that pitch once a week. The constraints on how often these competitive situations arise further contributes to their meaning generation. With NOR, the pioneer implementation of PlayFi, scarcity of experience and true risk are driven by permadeath tournaments. In each of these games, the players themselves are the NFTs which are permanently burned should they lose.
Platforms focused on user-generated content are well-suited to incorporating crypto. The ability to program royalties that flow across derivative creations from 3rd party developers is very promising. There is a world in which this can get granular enough to allow designers who create specific assets to participate in the economics of its usage in multiple worlds. We are especially encouraged by projects such as Webaverse in this domain, which has built an open source game engine that is entirely browser-based. Furthermore, we remain excited by the prospect of on-chain gaming. Whilst the road ahead is long, we believe that in time one of the greatest drivers of innovation will be building native to this new medium. We’re excited to monitor teams like Lattice, Topology, and Matchbox DAO in pioneering this… any of the greatest game experiences ever came out of the modding community, and on-chain gaming allows for true composability in a way other approaches don’t.
How PlayFi Will Save Gaming * NOR
Learn how PlayFi will save gaming. No pay-to-to win. No play-to-earn. The future is free games, supported by a professional esports economy.
welcometonor.com
Unblocking On-Chain Games: Throughput
This is Part One of a series exploring constraints at the intersection of blockchains and games. The objects of enquiry are " About me: I'm a core contributor to Alliance DAO , a startup accelerator and founder community. I'm a co-founder of (Dark Forest DAO) a group of on-chain game builders.
medium.com
It is time to start mining the catalogue of games on BoardGameGeek.com that are considered to have a weight above 4.0. Weight measures complexity; by filtering along this parameter, we quickly find a targeted list of games to port. We should also look to BoardGameGeek’s games that enable solitaire play. These games showcase design patterns for multiplayer solitaire, allowing for fewer updates to the state.
Crypto Gaming: A Most Practical Thesis
It's time to examine reality itself, not the abstract ideas ideas behind it. I have set out to write a practical thesis. Thanks to Lars of Naavik who inspired me to write this piece (unbeknownst to him).
medium.com
Overview | Welcome to Ankr Docs
The Ankr Unreal Game SDK brings powerful functionality to the Unreal Engine, making it easy for game developers and studios to give their games full Web3 capabilities, including - integrating cryptocurrencies and non-fungible tokens (NFTs). These docs explain what Ankr's Unreal Game SDK is, how to install it, and how to get started using it.
www.ankr.com
Immutable X Ecosystem - Delphi Digital
FEB 18, 2022 * 4 Min Read DISCLOSURE: DELPHI VENTURES HAS INVESTED IN IMX, ILV, AXS, & EMBER SWORD. THIS STATEMENT IS INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT.
members.delphidigital.io
The Return of Gods Unchained - Delphi Digital
MAR 11, 2021 * 13 Min Read Disclosure: Delphi Ventures has a relationship with Immutable, the company behind Gods Unchained. Members of our team also hold Gods Unchained cards. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase Gods Unchained cards or any other asset.
members.delphidigital.io
GameFi Monetization: A Framework for Redefining Play-to-Earn
Today's traditional gaming industry monetizes through social (assets with social value) and utility (assets with in-game value). There are apparent flaws in the play-to-earn (P2E) gaming model, primarily that P2E creates a pay-to-win game dynamic and requires significant upfront investment prohibiting more players from participating.
messari.io
Time-saving NFTs (but non-competitive) are potential mechanisms for game designers to approach NFT integration. One notable example is MMORPGs like Runescape or World of Warcraft, which have a variety of common objects such as resources, like wood, gold, and bricks required to build other resources but do not inherently make the player better at the competitive aspects of the game. Combining these types of common NFTs with non-tradeable competitive or social NFTs is a much better way to create utility-based NFT games.
Time Scarce NFTs
As a teen, I spent weeks of my life playing Runescape. Weeks. It appears uncommon, many individuals who are in crypto played Runescape, World of Warcraft, or some other MMORPG (massively-multiplayer online role-playing game). The most common analogy derived from Runescape is of the infamous blue party hat as the original Runescape NFT and a representation of how useless items can have an immense monetary value.
messari.io
Notably, skill capes in Runescape weren’t tradeable which increased their social value because obtaining a cape couldn’t be gamed… NFTs imbued with a culture of grinding breeds a community based on shared experience… The design space is wide open for new types of NFTs and DAOs and communities that adopt time-scarce NFTs might experience stronger communities that aren’t solely financial in nature.
Cases For and Against Crypto Gaming
Crypto gaming has both massive skepticism and massive investment. Picking a side requires an understanding of both the bullish and bearish cases. Bears focus on unsustainable economics, high failure rates, and a potential lack of product-market fit as key points in the bearish case.
messari.io
Building AAA quality games does not follow the “lean startup” methodology, where teams can iterate on their product with relatively small sums of money. The average AAA game costs $60-80 million to make. At peak, STEPN had over 100,000 daily active users (DAU) — all gained within a few months post-launch. In contrast, Aave has had around 100,000 all-time unique depositors. The only DeFi apps which can compete with gaming user numbers are DEXs, but those DAU figures are much more likely to be skewed by trading bots engaging in arbitrage on exchanges.
Immutable X - GameFi Gasoline
Immutable X is a Layer-2 NFT platform known for its low transaction costs, with users paying zero gas fees. Immutable's underlying technology, built by Starkware, leverages zero-knowledge (zk) rollups to power cheap transactions with fast finality.
messari.io
Immutable averaged roughly $250,000–$500,000 a day in trade volume or $5,000–10,000 in fees throughout April and May. That’s ~$2.0–3.5 million or so in fees annually on the ~$194 million market cap. That’s a P/E of roughly ~50–100. Not bad at all for a rapidly expanding protocol in a fast-growing segment of the market. The one point of concern is the fully diluted valuation which clocks in at $1.65 billion. There are some big unlocks coming in Q4 2022 from the early investor base which will meaningfully dilute the supply.
Analyzing Gaming Guilds: Merit Circle
Guilds like Merit Circle offer prospective GameFi investors an indexed bet on the sector's success due to a diversified treasury of gaming assets with venture-profile returns. The fully diluted value of Merit Circle's MC token trades at a 26.7x multiple to the value of its venture assets when discounted for illiquidity.
messari.io
Merit Circle’s treasury has four asset types backing it: cash, staked assets, NFTs, and tokens. Cash and cash-like staked assets are necessary for responsible treasury management. Merit Circle’s cash positions include $43 million in stablecoins, mostly USDC. The protocol’s other core holdings include another ~$10 million in stablecoin pools, ~$10 million in MC token liquidity pools, and ~$3 million in BTC and ETH. This leaves the treasury with ~$35 million in GameFi assets with venture-scale potential.
Blockchain Games Archives - The Defiant
Layer 1: Solana Layer 1: Ethereum Layer 1: Avalanche Layer 2: Rollups Layer 2: Polygon Dapps: Yearn Finance Dapps: Axie Infinity News Markets: Yield Farming Markets: Price Moves Markets: Airdrops Governance DeFi Hacks Regulation NFTs
thedefiant.io
Blockchains: Changing the Game
The following report was commissioned by Forte, a member of Messari Hub. For additional information, please see the disclaimers following the article. The landscape of blockchain-based gaming is rapidly expanding behind the rise of NFTs and in-game currencies. Its growth can be seen as a continuation of a multi-decade iteration across monetization strategies and business models.
messari.io
The Compelling Case for NFT Gaming
A look into the exciting NFT gaming landscape, where we cover why it is the missing puzzle for NFTs, the difference with conventional games, market sizing, and laying a framework to view the overall landscape Prelude It's 2045, an 18-year-old Wade Watts climbs through a mountain of twisted metal, squeezing through a gap to reach a hidden cargo van.
www.nansen.ai
Multicoin Capital: Beyond Verticalization of NFT Marketplaces
Why is the UX of OpenSea and Magic Eden generally the same (discovery on homepage, basic set of linear filters on the left side of collection pages, same search presentation, etc.)?
multicoin.capital
It’s clear that communities are mapping to the technical specifications of marketplaces, which is not how the world should work. Marketplaces should map to the unique characteristics of communities, not the other way around. The design space for online communities is vast, considering the ability to leverage and configure novel elements across DeFi, NFTs, DAOs, social tokens, and more.
BAYC is already doing this: 2.5% of each trade goes to Yuga Labs (in addition to the 2.5% that OpenSea charges). There is no reason to believe that BAYC holders are particularly loyal to OpenSea. On the contrary, I would expect that if Yuga Labs launched a BAYC exchange where 100% of fees flow back to the ApeCoin-governed community treasury, the vast majority of BAYC and MAYC volume would quickly move there simply as a function of brand loyalty and a desire to grow the community treasury.
🕹️ Games on Harmony
More Gaming Dapps Boost the Diversity of Harmony's Ecosystem
Harmony's cost-effective and scalable blockchain will have more exciting gaming dapps to join the ecosystem. These games range from business simulations to third-person shooters, offering a wider selection of gaming dapps to Harmony's users. Summary: Harmony (ONE) will have more exciting gaming projects to join the network.
dappradar.com
Top Harmony Dapps | DappRadar
Browse through top harmony dapps, ranked by specific metrics like daily users, daily volume and more
dappradar.com
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GDC (Game Developer Conference) – Harmony’s Gatherings
Blue Metaverse: Apes Games, Social Tokens, Digital Festivals
Market-Product-Team Fit with Utility NFT for Creator Economy
🌳Industry Analysis
The Hitchhiker's Guide to Ethereum - Delphi Digital
MAY 26, 2022 * 52 Min Read MEMBERS OF OUR TEAM HOLD ETH. THIS STATEMENT IS INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT.
members.delphidigital.io
The Complete Guide to Rollups - Delphi Digital
DISCLOSURES: DELPHI VENTURES HAS INVESTED IN ETHEREUM, OFF-CHAIN LABS (ARBITRUM), SOLANA, DYDX & CELESTIA. THE AUTHOR OF THIS REPORT HAS MATERIAL OPEN POSITIONS IN ETH, EIGEN LAYER, AND CELESTIA. THE AUTHOR HAS NOT PURCHASED OR SOLD ANY TOKEN FOR WHICH THE AUTHOR HAS MATERIAL NON-PUBLIC INFORMATION DURING THE RESEARCH AND DRAFTING OF THIS REPORT.
members.delphidigital.io
Technoeconomic Axes | The Network State
The internet increases variance. Digitization allows situations to be taken to their logical conclusion, instantly, even when that digital logic doesn't quite work in physical reality. This means things can flip from zero to one, without warning. An overnight success, ten seconds in the making. The only certainty is rising volatility.
thenetworkstate.com
Sufficient Decentralization - Variant
To access the full PDF version of this article with footnotes, click here. Introduction Web3 builders have focused on the concept of "sufficient decentralization" ever since staff at the U.S. Securities and Exchange Commission introduced the concept in 2018.
variant.fund
Argent Newsletter - Issue #17
gm everyone - welcome to our newsletter, where we cover the latest updates from the Ethereum, DeFi, and NFT ecosystem. TLDR: A date for The Merge has been announced! Celsius filed for bankruptcy More on ZK rollups and Ethereum scaling Now, let's get into it all!
www.argent.xyz
Where to use a blockchain in non-financial applications?
It's worth zooming out and asking a broader question: where does it make sense, in general, to use a blockchain in non-financial applications? Should we move toward a world where even decentralized chat apps work by every message being an on-chain transaction containing the encrypted message?
vitalik.ca
ONE on Messari's 2022 Theses
Messari's Crypto Theses report is a must read for everyone. The extracted passages below show how Harmony's strategies align with the market potential and the industry leaders - in particular, Web3 Economy (NFT, DAO, Wallets) and Infrastructures (Bridges, ZKProofs, Privacy).
harmony.one
Multicoin Capital: Beyond Verticalization of NFT Marketplaces
Why is the UX of OpenSea and Magic Eden generally the same (discovery on homepage, basic set of linear filters on the left side of collection pages, same search presentation, etc.)?
multicoin.capital
There are two common places that tie these hangout spaces together: games themselves, and NFT marketplaces. People chat about the games mostly outside of the game, and then go into the games to play. Similarly, they learn about what NFT communities are doing on social channels, then go to NFT marketplaces to complete a transaction. Communities are unlikely to ever congregate in one place. At a minimum, there will always be a Twitter-style global stream that is not community specific. And so communities will want to embed their marketplaces in a Twitter-like product, in addition to Reddit-like and Discord-like products. It’s therefore paramount that the NFT marketplace that powers these communities is API-first. It should be a marketplace that’s intended to live within other user interfaces from chat to livestream to dedicated two-dimensional HTML.
Red Oceans: Exploring the Unbundling OpenSea Thesis
Though OpenSea has dominated the last two years, specialized marketplaces could unbundle the platform's services over the coming years. Established protocols and projects are actually disincentivized to use OpenSea, as they lose revenue in the form of trading fees - BAYC's ecosystem alone has given OpenSea over $125 million.
messari.io
Despite OpenSea’s astronomic growth in the last two years, Kim argues that horizontally integrated marketplaces like OpenSea will follow eBay’s path. Emerging NFT verticals like profile pics (PFPs), crypto gaming, art, and others will eventually be serviced by specialized marketplaces, rather than by generalized marketplaces like OpenSea.
State of Decentral Games Q2 2022
Average daily active users fell ~2% QoQ and ~55% peak-to-trough in Q2 2022. ICE Poker is DG's primary focus currently; it earned $5.6 million in Q2 2022, down 84% QoQ due to a pause in minting activity, despite a 15% growth in wearable upgrades.
messari.io
Decentral Games will be introducing ICE Poker SNG (Sit-n-Go) tournament mode, which will launch in tandem with the mobile app expected in August 2022. ICE Poker SNG is a fast-paced, single-elimination tournament that begins immediately once six players join a table. SNG tournaments will have larger prizes that differ from the rewards won in normal ICE challenges, thus not directly inflationary to the ICE token.
Games and blockchain
Preface: Usually, for my blog posts, I just write stream-of-consciousness rambles, and don't even bother proofreading. This is different - this is the first time I actually put in some effort. Why? To celebrate Mirror launching Writing NFTs on Optimism.
polynya.mirror.xyz
b2b.gamescom.global
b2b.gamescom.global
GitHub - owlprotocol/metascan: Multi-chain EVM blockchain explorer using web3-redux to fetch data
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github.com
Otherside's First Trip Demo & Gen Art Part II (gm.studio & GEN.ART) - Delphi Digital
JUL 20, 2022 * 11 Min Read Disclosure: Members of our team may own NFTs or tokens related to the projects mentioned here and may participate in the upcoming mints. This statement is intended to disclose any conflict of interest and should not be misconstrued as a recommendation to purchase any token or participate in any mint.
members.delphidigital.io
Statistics - NFTKEY
NFTKEY is where you unlock quick and easy access to digital collectibles. Browse, buy and sell popular collections of NFTs from many different blockchains and artists.
nftkey.app
