The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57

In the latest episode of the SlateCast, Akiba was joined by Grant Haseley, Executive Director of Wagyu Games, the creator of web3 shooter Undead Blocks.

The Shift from Play-to-Earn to Play-and-Earn

As the Web3 gaming industry grows, the focus shifts from traditional play-to-earn models to more sustainable and engaging play-and-earn experiences. With games like Axie Infinity facing issues due to their dual token economy, it becomes essential for game developers to create more sustainable tokenomics models that focus on revenue sharing and engaging gameplay. One such game, Undead Blocks, aims to provide players with a social experience through its unique weapon skins and cosmetics while offering sustainable play-to-earn opportunities.

Creating a More Accessible Web3 Gaming Experience

To thrive in the Web3 gaming landscape, developers must make their games accessible to a broader audience. Undead Blocks achieves this by being chain agnostic, skill agnostic, and platform agnostic. As a result, players can enjoy the game on PC, Mac, and soon on mobile devices without needing a wallet or any prior knowledge of blockchain technology. Furthermore, by allowing players to earn in-game assets without spending any money and offering an immersive social experience, Undead Blocks is setting a new standard for Web3 gaming.

Innovative Tokenomics for Long-Term Retention

One of the challenges in Web3 gaming is retaining players, especially when financial rewards are involved. With a team of experts, including a fully credentialed actuary, Undead Blocks has implemented actuarial techniques in its tokenomics model to ensure sustainable rewards for players. By carefully analyzing player withdrawal history and probabilities, the team has created a model that keeps players engaged and rewarded without causing hyperinflation or unsustainable growth.

Addressing Potential Gambling Concerns

As Web3 gaming and digital asset ownership become more mainstream, concerns surrounding potential gambling issues, especially among younger players, must be addressed. Undead Blocks takes a proactive approach by requiring players to be 18 or older and offering a clear path to earn in-game assets without spending any money. In addition, by providing a fun and engaging experience, Undead Blocks aims to create a positive environment for players while minimizing the risks associated with gambl

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Author: Liam ‘Akiba’ Wright

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