Dungeon

Cronos

Cosmos

They say that when the crypto market hibernates, serious projects constructing the infrastructure of the industry are able to focus on building, without the background noise of hyped up tokens and bandwagons. Think of it like staying late in the office to catch up&mdash;no phone calls, nudging coworkers, or small talk. Just deep work.
So it seems there are more than a few serious projects in Web3 gaming. The industry was able to raise $4.5 billion in venture capital last year despite harsh market conditions. Web3 gaming still, however, needs solutions to an overall developer shortage and an abundance of flawed UX that effectively holds back its efforts to create crossover appeal with traditional gamers. Furthermore, many critics point the finger at the lack of sustainable models and solid content-creator strategies as reasons for Web3 not being able to be a reliable gaming ecosystem.
Leading blockchain startup Spielworks aims to fill these blindspots by launching Wombat X, a Web3 gaming accelerator to empower Web3 gaming projects to enhance their gaming experience and grow their audiences. The Wombat X accelerator enables innovative Web3 games to register and to bootstrap Spielworks&rsquo;s Wombat audience, one of the biggest Web3 gaming platforms. With more than 3 million sign-ups and 65,000 daily users, the Wombat ecosystem incorporates a multi-chain noncustodial Wombat Wallet, crypto rewards platform Womplay featuring 40 AA and AAA supported titles, and Top 20 NFT staking game Wombat Dungeon Master counting 1.5 million staked NFTs.&nbsp;
Highlighting the list of partners in the accelerator are Cronos, the first EVM-compatible Layer-1 network built on Cosmos SDK supported by Crypto.com and more than 400 developers and partners, and Newcoin, a Web3 infrastructure integrating economic, social, and cultural exchanges into an intuitive flow, solving network fragmentation problems.
Spielworks CEO and Co-Founder Adrian Krion said of Wombat X: &ldquo;Web3 gaming is in a beta stage currently and there is a pressing need to establish best practices around game development to ensure the industry&rsquo;s long-term sustainability. By working with a wide range of promising Web3 gaming projects and startups, Wombat X aims to facilitate a more mature ecosystem. Our unique program provides a diverse educational curriculum while exposing our participants to Spielworks&rsquo; Wombat platform, the biggest Web3 gaming platform. Needless to say, we and all our partners can&rsquo;t wait to launch.&rdquo;
With Wombat&rsquo;s massive audience and Cronos&rsquo;s established Web3 ecosystem, each game will receive invaluable exposure to its gaming audience for free, coaching and fast-tracking in Cronos&rsquo;s own grant program. For Newcoin, its Web3 graph infrastructure emphasizing high-end fashion and creators makes it a natural fit for Wombat X&rsquo;s focus on gaming to enhance the user experience.&nbsp;
To apply for Wombat X, applicants must meet these requirements:
<ul>
<li>A playable demo release</li>
<li>Integration with Wombat as preferred login option</li>
<li>Integration with Cronos or one of Wombat&rsquo;s supported blockchains (Wax, Polygon, BNB Chain, Ethereum, EOS, and more)</li>
<li>A share of 0.3 percent of your token supply for Wombat&rsquo;s audience</li>
<li>Integration with Wombat&rsquo;s Tracking software development kit (SDK)</li>
</ul>
Other early participants in the Wombat X accelerator program include Web3 development studio Avicenne, open-source platform EOS Network Foundation, Web3 gaming analytics platform Lifty, and gaming infrastructure platform Beamable.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Spielworks spearheads Web3-gaming accelerator to foster robust development

Crypto Daily™

Other articles published on May 14, 2023

Blockchainreporter – Weekly Crypto News Review

Uncover Opportunities: African Crypto Traders Embrace AI-Powered Bots.

Baby Thursday Review – May 11th

Don't Miss New Meme Coin DogeMiyagi If you Already Missed Dogecoin And Shiba Inu Early

Yaroslav Shakula Believes That Web3 Is The Future - Here’s Why

Analyzing Ethereum Post-Shapella Upgrade: Nansen

Join our free newsletter for daily crypto updates!