Prom

<p>Blockchain gaming attracts thousands of players, and also companies that want to join the ride. You know some crypto ones, such as Animoca Brands funding <a href="https://ancient8.gg/research/en/articles/web3-gaming-and-nft-market-report-2022" rel="noopener noreferrer nofollow">61</a> relevant projects. However, Web2 companies also play an essential part: <a href="https://chainplay.gg/state-of-gamefi-2022/" rel="noopener noreferrer nofollow">Chainplay’s 2022 GameFi report</a> even proves that 3 out of 4 contributors worldwide enter the world of blockchain thanks to GameFi. Let’s name some of them and point out their motivation!</p><h2 id="header-0">Gaming Studios</h2><p>Web2 gaming studios shift to promising GameFi, contributing to its development and adoption. For instance, being a notably non-blockchain metaverse, Roblox <a href="https://playtoearn.net/news/roblox-is-looking-into-nft-and-web3-integrations-after-q3-earnings-miss" rel="noopener noreferrer nofollow">integrated</a> Web3 with PlayDapp, where users can enjoy both unique NFT characters and Roblox ones, attend schools, go to the market, fish, or play football. Meanwhile, <a href="https://www.shacknews.com/article/129534/ubisoft-invests-in-cross-the-ages-nft-game" rel="noopener noreferrer nofollow">Ubisoft</a>, a French video game publisher known for such titles as Assassin’s Creed, backed Cross the Age, the mobile-first collectible card game with a full value cycle.</p><h2 id="header-1">VCs</h2><p>VCs seem to be the main source of the <a href="https://cryptotvplus.com/2021/11/top-10-vcs-investing-in-gamefi-projects/" rel="noopener noreferrer nofollow">known</a> funding GameFi. So, let’s name a few of them. Galaxy Interactive wants to raise $325 million for GameFi. It contributes to well-known titles such as <a href="https://godsunchained.com/" rel="noopener noreferrer nofollow">Gods Unchained</a> and Guild of Guardians. Bitkraft Ventures, a software engineering consultancy, announced to raise $75million for next-gen blockchain gaming projects. Meanwhile, LD Capital keeps supporting the blockchain world, boosting gaming platforms like Metaverse Magna.</p><h2 id="header-2">Big Market Players</h2><p>Meanwhile, VCs themselves are supported by <a href="https://dailyhodl.com/2022/08/18/blackrock-google-and-morgan-stanley-investing-billions-into-blockchain-and-crypto-technology-report/" rel="noopener noreferrer nofollow">the open market players</a>. There are several famous giants highly interested in GameFi! For example, regarded as the world’s top blockchain-friendly contributor, Alphabet enhanced the blockchain industry with $1.5 billion into the sector, including such gaming companies as Dapper Labs.</p><p>Samsung poured sources in <a href="https://www.moneycontrol.com/europe/?url&#61;https://www.moneycontrol.com/news/business/cryptocurrency/samsung-alphabet-blackrock-among-40-top-firms-investing-in-blockchain-and-crypto-9060831.html" rel="noopener noreferrer nofollow">13</a> blockchain projects, including <a href="https://forkast.news/headlines/samsung-investment-axie-infinity-sky-mavis/" rel="noopener noreferrer nofollow">Axie Infinity</a>, Sky Mavis, and CryptoKitties. Meanwhile, it also supported the very GameFi-empowering <a href="https://forkast.news/atari-yat-siu-nft-gaming-blockchain-adoption/" rel="noopener noreferrer nofollow">Animoca Brands</a>! Another example is LG Technology Ventures, which contributed to Sandbox’s $93 million <a href="https://www.foley.com/en/insights/news/2021/11/foley-advises-lg-technology-the-sandbox-venture-b" rel="noopener noreferrer nofollow">venture capital financing</a>.</p><h2 id="header-3">Motivation</h2><p>The main reasons for Web2 enthusiasts’ <a href="https://cryptoslate.com/podcasts/why-game-developers-are-adopting-web3-gaming-slatecast/" rel="noopener noreferrer nofollow">interest</a> include the potentially “sustainable and rewarding” future of GameFi and the better adoption of F2P, making up 60% of the market. Next, they emphasize the opportunity to improve retention by empowering users’ ownership.</p><p>While deciding which projects to support, multiple factors are considered. Check data from several reports! Most contributors regard <a href="https://www.investing.com/news/cryptocurrency-news/gamefi-investors-are-now-prioritizing-fun-factor-over-money-survey-2881341" rel="noopener noreferrer nofollow">fun</a> as the main driving force of GameFi projects that should be considered. 71% stand for the catchy <a href="https://www.investing.com/news/cryptocurrency-news/gamefi-investors-are-now-prioritizing-fun-factor-over-money-survey-2881341" rel="noopener noreferrer nofollow">gameplay</a>, <a href="https://www.playtoearn.online/2022/08/19/investors-joining-crypto-gamefi/" rel="noopener noreferrer nofollow">69%</a> focus on community, and 66% put backers and partners first. Meanwhile, impressive tokenomics are vital for 49% of respondents.</p><h2 id="header-4">Conclusion</h2><p>As you see, <a href="https://www.bccn3.com/news/is-there-a-future-for-gamefi" rel="noopener noreferrer nofollow">destined</a> to grow bigger, GameFi keeps attracting Web2 titles. Thus, its wider adoption is expected. Hold on tight, and stay tuned to check whether it will come true!<br /></p><p><strong>Follow Prom:<br />Website: <a href="prom.io/" rel="noopener noreferrer nofollow">prom.io/</a><br />Twitter: <a href="twitter.com/prom_io" rel="noopener noreferrer nofollow">twitter.com/prom_io</a><br />Telegram Announcements: <a href="t.me/prom_ann" rel="noopener noreferrer nofollow">t.me/prom_ann</a><br />Telegram Chat: <a href="t.me/prom_io" rel="noopener noreferrer nofollow">t.me/prom_io</a><br />Discord: <a href="discord.gg/prom" rel="noopener noreferrer nofollow">discord.gg/prom</a><br />Instagram: <a href="instagram.com/prom_io_official" rel="noopener noreferrer nofollow">instagram.com/prom_io_official</a><br />YouTube: <a href="www.youtube.com/channel/UC2mC_ZMPnrivHGgz5CaZnvQ" rel="noopener noreferrer nofollow">www.youtube.com/channel/UC2mC_ZMPnrivHGgz5CaZnvQ</a></strong></p>

GameFi: Top Web2 Contributors

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