Web3’s Mobile Gaming Moment 👾


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Dear country without banks

If you’re still skeptical about this whole metaverse, ask the world’s largest hardware company. I can’t seem to agree with you now.

Apple is bullish on spatial computing, but still avoids cryptocurrencies. However, that doesn’t stop a game developer from making the most of his mobile gaming opportunities.

-WMP

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Bankless lighter: Ben Jove

Image: Apple

Web3 iOS games are in a temporary situation. yes i read it correctly.

Despite Apple’s history of hostility to NFTs, Web3 games have found success on iOS.

Mobile games are huge. This is the largest industry in the video game industry, and thanks to over 2 billion players, he will generate over $89 billion in revenue in 2021. iOS games accounted for 58% of this, generating a staggering $52.3 billion in revenue.

This means that Web3 games aren’t just invading the Apple App Store. They’re entering one of the most lucrative niche markets in gaming. Want to know more?

Let’s take a closer look at Web3 games on iOS. Take a look at some of the most successful titles on the App Store. That way, you’ll see what their success means for the field as a whole. We also get to see why Apple’s Web3 game wave is just getting started.

NFL rival An arcade-style football game. The game is similar to his Madden’s Ultimate Team, where users can play through a football season while strengthening their team by collecting and upgrading individual player cards.

NFL Rivals is being developed by Mythical Games, the same studio that developed another popular Web3 game, MMO. blanco block party. Like the Blancos, his Web3 element of NFL Rivals is opt-in and subtly introduced into the backend. No trading takes place within the app, but players on the user’s team are represented by his NFT.

These NFTs can be exchanged for MYTH, the governance token of the Mythos Foundation DAO, on the Mythical Marketplace. The experience of using this marketplace can be a bit jarring for crypto natives. Because this marketplace is custodial and a user can only withdraw his MYTH to Uphold, a centralized exchange.

In this respect, NFL Rivals bears a strong resemblance to NBA Top Shot, another licensed sports game that has surged in popularity during the 2021 bull market and with a similar standard-oriented rapper.

Despite only being released in April, NFL Rivals has already become a hit, at one point topping the US sports game category.

NFL Rivals isn’t the only game in town. beyond the ages is also a popular Web3 title.

Based on the book series, Immutable X-based Trading Card Game (TCG) allows players to build decks to battle and compete to earn rare NFTs. Each card in a player’s deck is also represented by his NFT, which can be freely traded on Immutable’s marketplace.

As with NFL Rivals, these transactions do not take place within the app. However, since the Immutable marketplace is uncontrolled and resides on Immutable X Layer-2, Web3 native gamers may find the trading experience a bit more familiar.

Cross the Ages is gaining momentum, reaching number one on the charts in multiple countries around the world.

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New Web3 games aren’t the only thing making waves on iOS. Old guards are making their own headlines.

May 17th, Axii Infinity: OriginsArgentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam.

Axie, the most popular Web3 game of the 2021 bull market, appears to be breaking new ground by allowing players to utilize Axie NFTs within the app. According to the game’s official blog, this is the first time Apple has allowed the feature.

It may seem like a small thing, but historically Apple has had a more restrictive policy on NFTs, so this is a milestone for Web3 mobile games.

As you can see, Web3 mobile games are a success on iOS.

Games like NFL Rivals and Cross the Ages have emerged as chart-topping hits despite the constraints placed on the gaming economy. These titles are creating real-time playbooks on how to create experiences that can engage and retain Web2 gamers while allowing players to own assets via his NFTs on the backend.

OG Web3 games are also breaking new ground, allowing Axie Infinity players to utilize NFTs from within the game’s mobile apps.

There’s still a long way to go, but these games could pave the way for Apple’s more NFT-friendly policies, which could give Web3 mobile development a boost.

Perhaps we’re seeing the first signs of this impending rush as God’s Unchained, another Immutable-based TCG, announces plans to release iOS and Android later this year.

While some regulatory hurdles may lie ahead, The SEC alleges in a recent lawsuit Given that numerous gaming tokens such as SAND, FLOW, and AXS are securities, the wave of Web3 mobile games on iOS is coming and it could quickly turn into a tsunami.

Cryptocurrencies are eating away at money, finance, and are now starting to eat away at the most lucrative market in the video game industry.

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It is not financial or tax advice. This newsletter is for educational purposes only and is not intended as investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Please consult an accountant. Find out for yourself.

disclosure. From time to time I add links to products I use in this newsletter. We may receive a commission when you purchase through one of these links. Additionally, bankless writers hold crypto assets.see our Click here for investment disclosure information.


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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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