How are the fundamentals in web3 gaming going?
Was curious about this after reading the @a16z state of crypto report
Some stats/observations 🧵
Derek 🗺️
7,904 posts
Building the ultimate playground for onchain entertainment @gguncharted. Play now: @fishingfrenzyco Prev @immutable, founded @guildofguardian
Joined May 2019
GIF- Incredibly grateful to share that Uncharted has raised $1.7m from top web3 gaming funds & angels We are making a contrarian bet on web3 games - that money should be part of the fun in crypto Thankful for everyone supporting us on this journey Much more to come on Uncharted +We're thrilled to announce our seed raise of $1.7M led by @shimacapital The next step towards a truly gamified layer of web3 needs to be taken together and we are thankful to our backers @TheSpartanGroup @DoublePeakGroup @DevmonsGG @32BitVentures @Liquidxstudio @D64vc
- Large AAA games studios won’t be agile enough to do web 3 They’ll be overloaded with PR and legal red tape, and frozen by fear of ‘anti-NFT’ backlash This is where web 3 studios can seize the opportunity
- crypto gaming will never die, it will only evolve
- We just hit our highest ever concurrent number of players, thanks to the @Ronin_Network effect But now our servers are laggy and logins may not work This is a good challenge to have, and devs are actively working on some improvements 🫡
- It's interesting to the second order impacts of the $1.6m @yugalabs key sale We are now seeing Web2 gamers onboarded to NFTs, NOT because of good gameplay, but because of the idea of playing for profit
- Excited to announce the Fishing Frenzy Founders Pass 888 NFTs that serve as the premier collection in the game and a way to align incentives with our biggest contributors and believers Some of you have already been identified as Pioneers Coming soon to @Ronin_NetworkToday we unveil the Fishing Frenzy Founders Collection Your key to owning a piece of the future we're building for Fishing Frenzy Everything you need to know:
GIF - Crypto games are dead. At least, that's what X would make you believe: • Studios shutting down • Token prices not performing at TGE • No GameFi mindshare It's true - the industry is struggling. Crypto gaming has big uphill challenges The biggest one? Probably product
- Our next challenge is an exciting one We will be kickstarting the player driven economy of @FishingFrenzyCo
- Explaining Founders Pass WLs 👇 We plan to have a few phases for the @FishingFrenzyCo founders pass 1. Pioneers (Free mint): For our biggest contributors & supporters 2. GTD (Guaranteed mint): For contributors who meet certain retroactive criteria (includes players, creators,







