The Web3 Gaming Summit 2023 Closes with High Expectations, Establishing New Benchmarks for the Industry

The Web3 Gaming Summit 2023 This significant event, held from September 11 to 12 in Singapore, represented a crucial juncture in the Web3 gaming narrative, co-organized by industry key players. ABGA and DeGame , this official gaming sub-event of Token2049 The summit exceeded expectations with over 4,000 registered participants, ultimately welcoming more than 4,300 attendees on-site.

Attendees at the summit included Web3 gaming enthusiasts, prominent industry figures, developers, investors, and a variety of global gaming groups, all coming together to consider the evolution of the Web3 gaming universe.

The opening day witnessed The Web3 Gaming Hackathon 2023 The competitive finals and award celebration were organized together with ABGA, wrapping up successfully on September 11, 2023, at the Sands Convention Center in Singapore. Klaytn , Iskra and CESS The hackathon aimed to unlock new possibilities within the gaming sector by leveraging blockchain technology, fostering a bridge between the Web2 and Web3 realms, and nurturing the growth of the gaming ecosystem.

A strong lineup of over a hundred game projects competed in the hackathon, with the finalists on the last day demonstrating their exceptional results. The competition ultimately crowned a champion who was awarded $80,000 USD and additional backing from partners like Google Cloud and Slowmist.

The panel tasked with judging featured distinguished names from the Web3 space, including Uno Lee from the Klaytn Foundation, Jessie Dai of CESS, Blue from SlowMist, and many more recognized figures.

With the theme “A New Era for Gameplay,” the summit's purpose was to navigate the future landscape of Web3 gaming by discussing groundbreaking strategies, innovations, and tools. The event kicked off at the Marina Bay Sands Hotel in Singapore on September 11, starting with morning sessions concerned with the Linea gaming ecosystem, arranged by Linea, DeGame, and Particle Network.

Exploring the Future of Web3 Gaming

In the afternoon sessions, ABGA, along with partners Klaytn, Iskra, and CESS, led the hackathon finals, highlighting premier gaming products from the Top 10 contenders. Concurrently, industry leaders from both the Web2 and Web3 domains shared their insights into the future of Web3 gaming. The summit culminated in a ceremony celebrating the winners with fervor.

Beyond the spirited competition, the event also hosted enlightening talks from experts representing various sectors.

Astin Han, Business Manager of the Klaytn ecosystem, articulated the foundation's dedication to empowering Web3 developers, unveiling the Ignite on Klaytn (IOK) initiative aimed at bolstering the ecosystem's all-in-one solution.

• Ben Colayco, CFO of Iskra, elaborated on Iskra’s contributions to broadening the global Web3 gaming market by introducing a unified platform for Web3 gaming communities.
• Jessie, Co-founder and COO of CESS, discussed how CESS empowers Web3 games to attain 'digital immortality,' ensuring their sustainability in the gaming landscape.
• Eefy Lin, Customer Solutions Architect for Google Cloud APAC, introduced Google's efforts in creating a blockchain node engine along with BigQuery datasets designed for multi-chain data analysis.
• Blue, CTO of SlowMist, highlighted SlowMist’s offerings which include blockchain security audits, consulting services, monitoring, and compliance solutions.
• Pawn, CTO of NuLink, elaborated on NuLink’s partnerships with GameFi enterprises to deliver secure privacy protections for Web3 titles.
• Paul Solntsev, who heads Cointelegraph Accelerator, tackled the topic of accelerating GameFi adoption and offered strategies for Web3 startups, underscoring Cointelegraph Accelerator’s commitment to supporting new ventures in the space.
• Following an illuminating series of discussions and impressive showcases from the top teams, the champions of the 2023 Web3 Gaming Hackathon were finally revealed:

Legend of Arcadia: A multi-chain card game that combines an engaging play dynamic with the innovational principles of GameFi 2.0.

First Prize –  

• SERAPH: This game incorporates blockchain features with a focus on maintaining the joy of gameplay alongside the excitement of acquiring non-fungible tokens (NFTs).

Second Prize (x2) – 

• Planet Hares: A metaverse platform rooted in entertainment culture, designed to empower Web3 projects in their growth.
• Tearing Space: Aiming to harmonize traditional Web2 gaming elements with the financial features offered in the Web3 space.

uk

• Arena of Faith (AOF): A cutting-edge multiplayer online battle arena (MOBA) that revolves around a tournament-centric structure.
• Mirror Planet: A location-driven Web3 Metaverse game offering an immersive experience while integrating innovative blockchain solutions.
• Lumiterra: An expansive open-world survival crafting game that invites players to explore and conquer vast territories.

uz

• Mhaya: Pioneering the future of GameFi by granting exceptional value both to gamers and investors alike.

uz

• TownStory: A social simulation game within Web3 that grants players the ability to construct their towns and exchange NFTs within an open environment.

vi

• Sui Game: A groundbreaking gaming framework propelled by blockchain technology, aspiring to emerge as the leading platform for Web3 gaming.

vi

• As this two-month-long hackathon came to a close, a heartfelt congratulations was conveyed to the top 10 victors of the competition. The event was enriched significantly by the profound insights offered by industry titans, marking it as a notable and deep-dive experience in the world of Web3 gaming.

The second day of the summit initiated with an insightful presentation by a key speaker, who shed light on the Web3 gaming landscape, underlining the trend towards cross-chain gaming and the beneficial impacts of Artificial Intelligence Generated Content (AIGC) on development processes. He emphasized how AI influences the efficiency of game creation while addressing the hurdles involved in producing high-quality AAA games amid current market challenges.

Search

A series of captivating talks were delivered by influential voices within Web3 gaming: Search Sébastien, COO of The Sandbox, touched on the subjects of NFTs and digital asset ownership among Generation Z, highlighting the vital role community engagement plays in fostering support for creators. To assist in this burgeoning creator economy, The Sandbox consistently unveils fresh innovations, games, tools, and actively champions their community's endeavors.

Aloysius Chan, CEO of AI Meta Club (AMC), addressed the imperative for security protocols to guard against hacking in the realm of game development. He emphasized that when profitability reaches a certain threshold, game developers must deliberate on the feasibility of investing in high-cost detection and encryption technologies to secure their assets. He further noted that with AI's assistance, the integration of blockchain in Web3 games can be achieved without relying on GameFi elements.

• Hugo Church from Brilliantcrypto introduced their engaging gaming ecosystem and explained the groundbreaking 'Proof of Gaming' concept. He forecasted that in addition to gamers, NFT enthusiasts would also show interest in acquiring exclusive gems or jewels on the Brilliantcrypto platform.
  
• Kordan Ou, CEO of KryptoGO, explored the obstacles and potential strategies for transitioning from Web2 to Web3 gaming. He suggested actionable solutions such as improved blockchain integration, heightened user experience and accessibility, a robust financial ecosystem, and sustained community engagement to refine the gaming experience and retain players.
  
• Steve Good, the CEO and Co-founder of Dreams Quest, unveiled their forthcoming open-world action RPG titled 'Origins: The Fall of Azoria.' He shared that to better support the gaming community, Dreams Quest has constructed a novel NFT framework that is compatible across multiple chains and features a dynamic marketplace.

• Carol Wang, Co-founder and CFO of MarsProtocol, highlighted challenges related to centralization within the Ethereum ecosystem and discussed prospective remedies. She noted that liquidity staking constitutes a substantial 43% of the Ethereum staking landscape, with the Lido platform holding a significant 74.2% market share. Additionally, Amazon dominates nearly 60% of Ethereum node distribution, posing a significant threat of centralization within the Ethereum network.

• Lester Li, founder of DeGame, provided insight into strategies for growth within the evolving sphere of Web3 gaming. He pointed out that the rise of specialized blockchain gaming engines, enhanced blockchain functionalities, reduced transaction costs, and pivotal technologies like account abstraction and relevant EIPs are driving the evolution of Web3 game infrastructure. He also predicted that as the Web3 gaming market expands, a wave of traditional games will progressively integrate blockchain elements over the next two years.

• Hara, CEO of Jasmy Labs, showcased the Jasmy platform and outlined its ambitious goals. He announced the launch of a grant initiative to support the development of fresh community-focused projects. Currently, Jasmy is in the process of building an Ethereum-based Layer 2 solution called Jasmy Chain to further enhance scalability and ensure the continued provision of quality services.

• The Web3 Gaming Summit 2023 has established new benchmarks for the industry and concluded on an uplifting note, as reported by Metaverse Post.

• During the Web3 Gaming Summit 2023, attendees from the Web3 sector and wider gaming community gathered to delve into the future possibilities of the Web3 gaming landscape.

• The recent Web3 Gaming Summit 2023 has set a new precedent for the industry, wrapping up its activities with great success.

• Taking place from September 11 to 12 in Singapore, the 2023 Web3 Gaming Summit represented a significant milestone in the evolution of Web3 gaming, co-hosted by ABGA.

• The FTC's attempts to prevent the Microsoft-Activision merger were unsuccessful, as they lost their appeal.

• Originally published on September 18, 2023, at 5:29 AM, with an update shortly after.

• To enhance your experience in various languages, we occasionally utilize an automated translation tool. However, keep in mind that automatic translations might lack precision, so please verify the content.

• The Web3 Gaming Summit 2023 brought together gaming fans, industry leaders, developers, investors, and gaming communities from around the world to envision the future of the Web3 gaming arena.

• Hosted on September 11-12 in Singapore, this event was a landmark occasion for the Web3 gaming movement, co-organized with key industry partners.

The summit drew an impressive crowd, with over 4,000 participants pre-registered, ultimately exceeding expectations with more than 4,300 in attendance.

This event served as a crucial meeting point for Web3 gaming advocates, key industry players, developers, investors, and global gaming enthusiasts to discuss and navigate the future of the Web3 gaming landscape.

The finals and award ceremony were effectively executed by ABGA, concluding successfully on September 11, 2023, at the Sands Convention Center in Singapore.

• The hackathon's main goal was to unlock the gaming sector's potential through blockchain technology, facilitating a transition from Web2 to Web3 and encouraging the ecosystem's expansion.
• A hundred innovative game projects fiercely competed in the hackathon, culminating with the top 10 showcasing their remarkable results on the final day. The overall champion walked away with an impressive $80,000 USD prize, along with additional resources from partners like Google Cloud and Slowmist.
• A distinguished panel of judges featured leading experts from the Web3 domain, including notable names such as Uno Lee, Jessie Dai, and Blue from SlowMist, as well as several other influential figures in the field.
• Centered around the theme of 'New Era For Gameplay,' the summit aimed to outline the future trajectory of the Web3 gaming sector by discussing innovative methods, strategies, and technologies. The event kicked off at the Marina Bay Sands Hotel in Singapore on September 11, starting with insightful morning sessions focused on the Linea gaming ecosystem, organized by Linea, DeGame, and Particle Network.

In the afternoon, ABGA along with partners Klaytn, Iskra, and CESS held the finals of a hackathon showcasing top gaming innovations from the leading 10 teams. At the same time, experts from both Web2 and Web3 realms shared their insights on the Web3 gaming evolution. The event concluded with an exciting awards ceremony revealing the hackathon winners.

Alongside the fierce competition, the summit featured a series of enlightening talks from seasoned industry professionals:

• Astin Han, the Business Manager for Klaytn, elaborated on Klaytn's dedication to aiding Web3 developers and introduced their Ignite on Klaytn (IOK) initiative aimed at strengthening Klaytn’s all-in-one support system.
• Ben Colayco, CFO at Iskra, discussed Iskra's mission to bolster the worldwide Web3 gaming market by establishing a cohesive Web3 gaming community platform.
• Jessie, the Co-founder and COO of CESS, described how CESS empowers Web3 creators by giving their games a form of 'digital immortality,' ensuring they remain relevant in the long run.
• Eefy Lin from Google Cloud APAC unveiled Google's efforts to create a robust blockchain node engine and public datasets via BigQuery geared towards multi-chain meta-analysis.
• Blue, the CTO of SlowMist, highlighted their offerings including blockchain security audits, consultancy, ongoing monitoring, and compliance solutions for AML/CFT.

Pawn, the CTO of NuLink, shared insights into how NuLink collaborates with GameFi partners to implement secure privacy protections for Web3 gaming.

Paul Solntsev, heading the Cointelegraph Accelerator, spoke about hastening the adoption of GameFi and provided valuable advice for nascent Web3 startups, underlining how Cointelegraph Accelerator backs these new firms.

• After the insightful presentations and showcases from the top 10 teams, the victors of the 2023 Web3 Gaming Hackathon were identified:
• Legend of Arcadia: A multi-chain, no-cost card game offering a sophisticated gameplay experience intertwined with the GameFi 2.0 vision.
• SERAPH: This game integrates blockchain technology while focusing on engaging gameplay and the excitement of acquiring nonfungible tokens (NFTs).
• Planet Hares: An entertainment-culture-based metaverse platform that supports Web3 initiatives.

Tearing Space: This endeavor aims to harmonize traditional Web2 and cutting-edge Web3 gaming while emphasizing strong financial components.

Arena of Faith (AOF): A state-of-the-art MOBA game built around a competitive tournament ecosystem.

• Mirror Planet: An engaging, location-aware Web3 Metaverse game merging blockchain capabilities.
• Lumiterra: A multiplayer environment where users can survive and craft in an extensive open world.
• Mhaya: This project is redefining the future of GameFi by delivering immense value to both gamers and investors.
• TownStory: A social simulation game in Web3 where players can cultivate their towns and trade NFTs in a thriving open world.

Sui Game: A groundbreaking blockchain gaming ecosystem striving to be the STEAM of the Web3 realm.

With the closure of this two-month hackathon, warm congratulations were directed toward the top 10 winners. The event was further enriched by the profound ideas shared by industry leaders, transforming it into a pivotal professional gathering that contributed to the evolution of Web3 gaming.

The second day of the summit commenced with a thought-provoking address by a distinguished speaker, who offered valuable insights into the Web3 gaming landscape. He underscored the increasing prominence of cross-chain games and the potential advantages that AIGC could bring to game creation. Additionally, Kevin emphasized how AI is revolutionizing the efficiency of game development while addressing the obstacles to producing AAA quality games in today's competitive environment.

The conference showcased a variety of speeches from key influencers in the Web3 gaming space: