June 2023: Web3 Gaming Monthly Market Update

June 2023: Web3 Gaming Monthly Market Update

June marked yet another month of slow downward trends in many areas of web3 gaming, with a degree of resilience persisting within the sector.  As a whole, Unique Active Wallets (UAWs) largely remained stable in June compared to May. More specifically, casual games continued to drive more significant increases, while more transaction-driven (and bot-heavy) games…

Building a Sustainable Web3 Game With Sorare

Building a Sustainable Web3 Game With Sorare

Most web3 game economies, even the most successful ones from the earliest days of the movement, have struggled in recent quarters, in part due to fundamentally unsustainable economics / tokenomics. But in this episode, we’re discussing one of the more notable exceptions: the France-based fantasy sports platform Sorare. Launched on Ethereum in 2019, the game…

What’s Next for Move-to-Earn Pioneer Stepn?

What’s Next for Move-to-Earn Pioneer Stepn?

“Move-to-earn” pioneer Stepn exploded in popularity in the first half of 2022, peaking at 3 million MAU and 800,000 DAU while generating $123 million in Q2 2022 profit alone. The mobile app, which rewards users who “wear” the company’s NFT sneakers, was a major driver in onboarding users into web3, but growth has stalled during the current crypto winter. In this episode, host Niko Vuori talks to Stepn COO Shiti Manghani about what’s next for the company, their ambitions to build an entire ecosystem around $GMT, the native Stepn cryptocurrency, and why Stepn views itself as a game rather than a fitness or lifestyle app.

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Our Most Anticipated Web3 Games

Piers Kicks, founding partner of Delphi Ventures and venture partner at BITKRAFT, joins host Aaron Bush to discuss their most anticipated web3 games. The duo also discuss the realities of leaving school early to kickstart investing careers and how the best modern-day founders are different from previous eras, followed by a fun game to capture Piers’ pulse on a variety of gaming and web3 topics

MENA Region Growth / Supercell’s Dueling Betas / SEC Web3 Actions

MENA Region Growth / Supercell’s Dueling Betas / SEC Web3 Actions

In this week’s Roundtable, Huuuge Games’ Q1 results provide us with some insight into the ongoing impact of user acquisition changes on the mobile gaming business. We also tackle the driving force behind the growth surge in the MENA region’s gaming and esports sectors and Supercell’s uncharacteristic release strategy with its betas for Flood Rush and Squad Busters. Lastly, we wrap up by discussing the rationale behind EA’s decision to integrate Nike NFTs into its sports games, as well as the significance of the SEC lawsuits against Binance and Coinbase and what they might mean for web3 gaming. Join us for all the latest games business news with David Kaye, Tammy Levy, Abhimanyu Kumar, and host Devin Becker.

Building an RPG for Web3 With Azra Games

Building an RPG for Web3 With Azra Games

Azra Games has raised more than just about any other web3 game developer — with a $25 million seed round led by a16z — to build its ambitious vision for what the company is calling a “web3-sensitive” RPG. Founder & CEO Mark Otero joins your host, Niko Vuori, to talk about why he sees RPGs as a good fit for web3, how Azra is incorporating NFTs and web3 elements into their game design, and how they see the current web3 gaming environment evolving.

What Will the Saga Phone Do For Web3?

What Will the Saga Phone Do For Web3?

In this episode, we dive into the frustrations of bringing web3 experiences to mobile platforms and explore a unique solution that Solana has taken: building their own phone, the Saga phone.

Your host, Niko Vuori, speaks with Laura Shen, the marketing lead for Solana Mobile, to learn more about the Saga phone and its significance. We explore the challenges of mobile-unfriendly web3, including app store restrictions, and the importance of making web3 accessible on mobile devices to drive mass market adoption.

Laura shares details on the Saga phone’s features, such as the Solana Mobile Stack (SMS) that includes the Seed Vault (a secure crypto hardware wallet) and the dApp Store (a web3 app store). We discuss the categories of dApps launched for the Saga and the $10 million fund dedicated to supporting third-party developers.

Gaming’s role in the Saga phone and its potential impact on mass adoption is also discussed. We touch upon the pricing of the Saga phone and its early adopter target audience of crypto-native users, as well as potential plans for cross-chain compatibility.