Skill Tree #6 - February 12
Mino Games raises $15m for collectible character web3 game Dimensionals. In total, Mino games has raised $25m to date.
Founded in 2011, Mino Games is a F2P game studio with hits such as Cat Game, Dog Game, and Mino Monsters 1& 2.
For CEO Sasha MacKinnon, web3 is the natural path forward after margins in web2 keep decreasing:
“Over the last decade, your margins have been squeezed through the platform fees, but then also user acquisition costs. The user acquisition has also been monopolized by Google and Apple Search Ads. So it’s not uncommon for average midsize gaming studio to give 80% of their revenue back to the platforms and ad networks. And so this distribution is almost like a stranglehold over developers.” - Source: Venturebeat
🔥 Highlight 2 (big week)
Game Day = Gabe Day
Millions of people will see Digidaigaku’s Superbowl TV ad today and have the chance of receiving a FREE NFT.
Other cryptocurrency commercials have been banned from the Superbowl.
— TridentDAO raises $3m from the community for MMO
— Tower Pop raises $2.1M for Web3 battle royale/tower defense game Omega Royale. Alpha launch in app stores in March. The game adds battle royale multiplayer to tower defense gameplay, with the goal of creating a tower defense esports title. An early version of the game is available on their website right now.
— Magic Eden invests into Stella Fantasy
— Nitro Nation Workshop NFT mint on Feb 15
— Aurory introduces Blitz Battles
— Sequence Wallet partners with Magic Eden
— InfiniGods announces speedrunning event with prizes
— Ogmi, Social trivia gaming app, comes out of stealth.
We covered the project in Skill Tree #4
— Account Abstraction (AA) for Web3 Gaming (Part 1)
AA will be a huge step forward for UX
— A P2E thesis: Using rewards to incentivize gamified crowdsourcing projects which are a value-add to society
Personal note: More broadly, crowdsourcing literature focuses on how to coordinate loosely connected groups of people. It can provide key insights for crypto which is exactly about this topic - social coordination. For example, DAO governance should be inspired by crowdsourcing, together with organizational research such as ambidextrous organisations.
— How Generative AI Can Charge Web3 Game Development
— How people of different ages interact with digital and real worlds. 53% of time with game content is spent NOT playing games
— The Creator Economy in Gaming
— Storing Value in Digital Objects
— Web3 gaming trends for 2023
— Stats about traditional UA funnels for web3 games
— Review of Castle Crush’s web3 implementation
— Data analysis about the importance of engaged founders
— An interesting economy approach
— The State of Web3 Economies by The Block Research [paywalled]
— Game7 releases videos from their sessions at the first GAM3R Forum at San Francisco Blockchain Week
🕵️ New projects
Martian: New Frontier
4X Open-World MMO
Adventure Game on Arbitrum Nova
Collect monsters and form teams that run in perpetual battle simulations 24/7. Mint next week.
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