Web3 Watch: A bullish week for blockchain gaming

Plus, French fashion house Maison Margiela is advancing its Web3 roadmap

October 29, 2023 12:00 pm

InkDrop/Shutterstock modified by Blockworks

Blockchain gaming remains a promising part of Web3.

Tyranno Studios’ Brawlers expanded to Prime Gaming about a week after being listed on the Epic Games Store.

The cartoonish wrestling game is free to play but allows users to accumulate NFTs and its native BRWL token.

Hilmar Veigar Pétursson, the CEO of the developer behind the longtime space multiplayer saga EVE Online, gave an interview this week saying the company is working on a blockchain-based game — apparently out of a “need to leave a footprint” far into the future.

The two highest-volume games of Q3, per a DappRadar report, spiked this week. Axie Infinity saw its volume increase by 143% while volume on Gods Unchained rose by 27% after the game released a new batch of tradable cards.

Stat of the week:

Autoglyphs and Fidenza, the fourth and sixth-largest NFT projects by market cap according to NFT Price Floor, have seen one sale apiece in the month of October.

Also of note:

The French fashion house Maison Margiela released an online game to mint digital collectibles and “access the next stage of the Maison Margiela Web3 roadmap.”
A Brooklyn bathhouse that heats its water with bitcoin miners has a second New York City location on the way.
Friend.tech saw record outflows in consecutive days this week.

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Why Solana Mobile Should 100x Their Phone Production

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

by Luke Leasure