They say that when the crypto market hibernates, serious projects constructing the infrastructure of the industry are able to focus on building, without the background noise of hyped up tokens and bandwagons. Think of it like staying late in the office to catch up—no phone calls, nudging coworkers, or small talk. Just deep work.
So it seems there are more than a few serious projects in Web3 gaming. The industry was able to raise $4.5 billion in venture capital last year despite harsh market conditions. Web3 gaming still, however, needs solutions to an overall developer shortage and an abundance of flawed UX that effectively holds back its efforts to create crossover appeal with traditional gamers. Furthermore, many critics point the finger at the lack of sustainable models and solid content-creator strategies as reasons for Web3 not being able to be a reliable gaming ecosystem.
Leading blockchain startup Spielworks aims to fill these blindspots by launching Wombat X, a Web3 gaming accelerator to empower Web3 gaming projects to enhance their gaming experience and grow their audiences. The Wombat X accelerator enables innovative Web3 games to register and to bootstrap Spielworks’s Wombat audience, one of the biggest Web3 gaming platforms. With more than 3 million sign-ups and 65,000 daily users, the Wombat ecosystem incorporates a multi-chain noncustodial Wombat Wallet, crypto rewards platform Womplay featuring 40 AA and AAA supported titles, and Top 20 NFT staking game Wombat Dungeon Master counting 1.5 million staked NFTs.
Highlighting the list of partners in the accelerator are Cronos, the first EVM-compatible Layer-1 network built on Cosmos SDK supported by Crypto.com and more than 400 developers and partners, and Newcoin, a Web3 infrastructure integrating economic, social, and cultural exchanges into an intuitive flow, solving network fragmentation problems.
Spielworks CEO and Co-Founder Adrian Krion said of Wombat X: “Web3 gaming is in a beta stage currently and there is a pressing need to establish best practice
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Author: Adrian Barkley