The next IDO at WeWay Launchpad is Arena Games — the multichain gaming ecosystem with easy access to GameFi technology.
There are over 3 billion gamers worldwide, and most don’t make money from the time they spend playing games. In the classic economic model, game developers primarily profit from selling copies, advertising, and purchases within the world. Blockchain turns the industry upside down and puts gamers’ interests at the center. Crypto technology allows everyone to make money from games — forming GameFi, one of the previous bull market trends. Its success can be seen in the most popular game of that cycle: Axie Infinity, its capitalization was reaching $30 billion, overtaking Ubisoft, and approaching Electronic Arts and Nintendo.
Millions of people in developing countries have changed their usual jobs to earn money in online games, but most of the projects have lost people’s interest, along with the market decline. GameFi has evolved a lot in the last couple of years, and the world’s percentage of crypto literacy has increased. In 2024, there will be many times more people who will understand how to earn crypto in games. In crypto games, gamers can own characters and items or land as NFTs. This adds value to game elements and allows players to buy, sell, and trade them, earning real money.
They will all be part of the target audience of Arena Games, a platform where crypto principles can be added to classic games. If there is crypto in games, billions of people can get paid for what they already spend hours doing for free.
Less than 10% of games can be monetized using classic methods, so many quality projects are closing down. Developers are intimidated by the complexity of blockchain and the need to understand innovative economic models. Arena Games can help with this — the platform integrates blockchain into games, allowing programmers to focus on the quality of the products. Arena Games is focused on the transparency, security, and sustainability of the games’ financial aspects. Arena Games and blockchain can change the gaming industry and how players are connected to games and their developers.
On the platform, game developers will get:
- Lower prices for blockchain development and implementation.
- Access to different networks based on the needs of the project. The startup already supports Polygon, Manta, Skale, and Linea. The project aims for interoperability. Assets can be transferred or used between different games. This increases their value and functionality.
- Game asset security. There are many options inside to store and transfer digital assets securely.
Gamers can benefit from:
- An extensive library of games. You can expect exclusive indie projects.
- Smooth and seamless gaming experience, just like in Web2.
- Low entry barrier multichain tools reduce commissions and make game assets more accessible.
- A secure wallet for what you earn and craft in games. Your assets and bonuses belong only to you.
- Competitions and loyalty system.
The platform launched in July 2023, and with such a set of breakthrough benefits and features, it has already attracted much attention.
- In April 2024, the startup reached the top 3 DApps on CryptoRank with over a million monthly transactions.
- Previously, Arena Games was in the top 5 GameFi projects on DappRadar.
- The startup became the most popular in the Linea network, with users creating over 800 thousand NFTs.
25 game studios have already believed in the startup’s success, and now, 30 games are waiting to be launched, ready to be tested by 100K+ verified gamers. Arena Games partners and investors include Microsoft, Binance Pay, OKX, Polygon Labs, Layer Zero, 500 Global VC, VEMP Studio, and VNTR Capital. All of them are waiting for the $AGP token to be released. It has several utilities:
- NFT creation
- Staking
- Access to competitions
- Management
- Rewards
The project’s sustainable development is the responsibility of a team with strong experience in crypto. They are responsible for the creation and development of a successful game studio. They are familiar with all the pains of the game industry, and having once faced the limitations of the Web2 world, they decided to work with crypto. The Arena games team includes specialists with experience in Riot Games, StepN, Deloitte, and Forbes 30 under 30 nominations.
56K people already follow the project news in X. Now they have a great way to earn on Arena Games. You need to register for IDO on WeWay Launchpad and wait for your allocation — with us, it is guaranteed, unlike all the competitors.
