GAMES - WEB3 September 2023

Web3 Gaming Summit 2023: Forging a New Horizon for Digital Gaming

The Web3 Gaming Summit 2023 ended just a few days ago, leaving an indelible mark on the world of Web3 gaming and setting new standards in the industry. From September 11-12, 2023, this masterful event, co-organized by ABGA (Asia Blockchain Gaming Alliance) and DeGame (world's largest NFT gaming aggregation platform) as part of Token2049, brought together a global audience of Web2 and Web3 enthusiasts, developers, investors and industry leaders.

With the evocative theme "New Era for Games," this summit became a beacon of innovation and vision for the Web3 gaming community. Over 4,000 passionate attendees registered to participate, exceeding expectations and demonstrating the fervor surrounding this exciting industry.

The event kicked off on the stunning stage of the Marina Bay Sands:link hotel in Singapore, where morning sessions opened the doors to a day full of knowledge and exploration. With the focus on the Linea gaming ecosystem, provided by Linea, DeGame and Particle Network, the morning promised eye-opening discoveries.

The afternoon was marked by the intense competition of the hackathon, organized by ABGA in collaboration with Klaytn, Iskra and CESS. The top 10 teams presented cutting-edge gaming products, illustrating creativity and prowess in the industry.

But the real richness of the event lay in the conversations and presentations shared by Web2 and Web3 experts. From Kevin Shao, CEO of ABGA, who mapped out the current and future landscape of Web3 gaming, to visionaries such as Sebastien of The Sandbox, Hugo Church of Brilliantcrypto and Lester Li of DeGame, who shed light on emerging trends and growth strategies.

Thematic roundtables also provided a platform to explore crucial aspects of the future of Web3 gaming. From infrastructure and community to the most suitable game genre and demand from venture capitalists, industry leaders shared invaluable insights.

ThreeDAO used the summit to launch its "Creator Training Camp," promising a new generation of creators inspired by the stars of the Web3 industry.

Event Highlights

This event was the crossroads where knowledge and experiences merged to shape a brighter future for Web3 gaming.

"New Era for Games"

The main theme, "New Era for Games," underscores the bold vision of the summit. It was not just about discussing the current state of Web3 games, but about looking ahead and providing a roadmap for the future. The objectives were clear: to define the directions, strategies and tools that will drive the development of the industry in the coming years.

Overwhelming Interest and Impact

Interest in the summit was overwhelming. More than 4,000 people registered to participate, and actual attendance exceeded 4,300. This enthusiasm not only speaks to the industry's appetite for Web3 games, but also to the high expectations around the speakers, topics and content shared at the event.

Days of Intense Exploration and Reflection

The summit was structured into two days full of exciting content. The first day began with morning sessions focused on the Linea gaming ecosystem, hosted by Linea, DeGame and Particle Network. In the afternoon, an exciting hackathon competition was held highlighting high-level gaming products from the top 10 teams.

Cutting-Edge Talks

Summit speakers were not only leaders in their respective fields, but also visionaries who shared impactful perspectives. Kevin Shao, CEO of ABGA, enlightened the audience on blockchain and trending games, while other speakers such as Sebastien of The Sandbox, Hugo Church of Brilliantcrypto and Lester Li of DeGame offered innovative insights into the future of Web3 gaming.

More than Presentations: Enlightening Roundtables

In addition to keynote presentations, themed roundtables delved into crucial issues facing the Web3 gaming industry. From infrastructure to community to the most appropriate game genre to the demand for venture capitalists, these conversations provided a space for knowledge sharing and strategic thinking.

A Bright Future for Web3 Games

Ultimately, Web3 Gaming Summit 2023 was not just a two-day event, but a milestone in the evolution of Web3 gaming. It left an indelible mark on the industry and left participants with invaluable guidance and enlightening insights. ABGA and DeGame, the co-organizers, hope that this summit has further fueled the ongoing transformations in the industry and that Web3 gaming will continue to offer surprises and opportunities for players around the world in the days to come.

A Special Thank You

Finally, the collective effort and contributions of all the participants, speakers and partners who made this summit possible are acknowledged. Without their dedication, this celebration of knowledge and innovation would not have been possible. The Web3 gaming industry is moving forward by leaps and bounds, and we all excitedly anticipate the next summit, where we will continue to explore the promising future of Web3 gaming.

Which game genre is the most suitable for Blockchain games?

According to what was presented the choice of the most suitable game genre for Blockchain technology has no single answer. The panelists stressed that understanding the audience and designing a token economy that suits the Web3 gaming community is critical. Diversity is key, and different genres can find their place in this constantly evolving ecosystem.

In addition, it was highlighted that accessibility and user experience are essential to attract new players. As digital collectibles and Web3 games continue to gain value, we are likely to see a variety of genres adapting to meet the changing needs of gamers.

We can conclude that versatility and innovation are hallmarks of Blockchain games, and the choice of genre will ultimately depend on how developers design experiences that attract and retain the ever-growing Web3 gaming community.

Navigating the Future of Web3 Gaming: From Infrastructure to Community

One of the most intriguing and relevant panel discussions at Web3 Gaming Summit 2023 was the one that explored the future of Web3 gaming, from infrastructure to community. During this session, panelists shared their perspectives on how the Web3 gaming industry will continue to evolve and adapt as we move into a new era.

Panelist Perspectives

Hassan Ahemd, Country Manager of Coinbase in Singapore: Hassan began the conversation by noting that we are in the first phase of Web3 gaming. He emphasized that before considering tokenization and monetization, it is essential that games are playable and accessible to all. This means that the next phase could focus on developing dedicated game portfolios and improved NFT standards.

Lennix Lai, Chief Commercial Officer, OKX: Lennix provided a valuable perspective by noting that the next phase of development could focus on infrastructure for casual and hyper-casual games. He stressed the importance of making the foundational layer more friendly for mass play, which could lead to even wider adoption.

Minh Ho, director of business development at Coin98: Minh shared his view on how blockchain is just one component of the gaming infrastructure. While rollups and scalability solutions may be trending, the key is to integrate elements such as NFT effectively into games, which will allow for greater flexibility and adaptability.

Sanjay Popli, co-founder of Cryptomind: Sanjay emphasized that the next phase of Web3 gaming will not focus so much on tokens, but on NFT-related products and other gaming projects. However, he noted that these projects must address three key issues: efficiency in the game economy, near-term value expansion, and revenue generation challenges. This highlights the importance of finding a balance between innovation and sustainability.

Key Findings

The roundtable highlighted that the Web3 gaming industry is constantly evolving and that infrastructure is critical to its growth. Accessibility, playability and adaptability are key elements for the continued success of Web3 games. While tokenization and monetization are exciting aspects, it is crucial that games are playable before addressing these aspects.

In addition, it was recognized that the Web3 gaming community will play a crucial role in the future evolution of the industry. Understanding and meeting the needs of this community will be essential to the success of developers and projects. The next phase of Web3 gaming promises greater diversity and opportunity, and the industry is expected to continue to mature and expand as we move into an exciting and exciting future.

Want to know more about ABGA and DeGame?

ABGA, known as the Asia Blockchain Gaming Alliance, is a coalition formed by leading blockchain industry organizations globally, along with individuals and enthusiast groups in the blockchain, metaverse and NFT gaming space. Through a series of online activities and in-person events, as well as through analysis and discussion of up-to-date industry information, ABGA members work together to identify, support and encourage new projects that drive the development of the industry.

DeGame, on the other hand, is the world's largest NFT gaming aggregation platform. It collaborates closely with various guilds, blockchains and thousands of game projects. It offers the innovative DeGame Community feature, which acts as a guide and collaboration system, providing a comprehensive and user-friendly environment. It also offers a free automated task module designed to turn new users into loyal and engaged participants.

A feast of knowledge and innovation

The Web3 Gaming Summit 2023 was an epic event that transcended expectations and left a profound mark on the Web3 gaming industry. Thanks to the dedication of participants, speakers and partners, this summit became a feast of knowledge and innovation. The Web3 gaming industry is moving forward by leaps and bounds, and ABGA and DeGame hope that this summit has further fueled the transformations to come. Let's look forward to the next summit, where we will continue to explore the promising future of Web3 gaming!

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