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Blockchain gaming is considered a hot story in the cryptocurrency industry in 2024 by various industry players such as Binance and CoinGecko. According to the latter, the total market capitalization of blockchain gaming tokens is over $18.6 billion.
Delabs Games is one of the players building this space and is focused on an ecosystem built around the concept of assets that can be used in a variety of games, called the Asset Inventory System.
Junmo Kwon, founder and CEO of Delabs Games, sat down with Crypto Briefing to discuss how blockchain technology could revolutionize the gaming industry, how gamers perceive the intersection of these two sectors, and what current traditional titles don’t leverage Web3. He shared his thoughts on why.
Crypto Briefing – What are the distinct differences you can point out in the traditional gaming space compared to blockchain?
Junmo Kwon – One of the key differences between Delabs Games and traditional games is their approach to accessibility and user experience. At Delabs Games, our priority is to create fun games for everyone, even Web2 users who are unfamiliar with NFTs, wallets, or cryptocurrencies. A simple onboarding process allows players to enjoy the benefits of Web3 gaming without requiring extensive knowledge of blockchain technology.
In contrast, traditional games often lack the concept of ownership and real value for players. Players may invest significant time and money into an existing game, but they typically retain no tangible assets once the game is no longer supported. Web3 games, on the other hand, allow players to own valuable, tradable digital assets, providing ownership and ongoing value.
Moreover, the psychological impact of ownership plays an important role in Web3 games. Owning in-game assets makes players more invested in the game, increasing engagement, loyalty, and community involvement. This contrasts with traditional games where players may feel less connected to the game they are playing due to lack of ownership.
Overall, Delabs Games and Web3 Gaming represent a shift toward a more sustainable and coordinated relationship between gaming companies and players. By providing more value to players through ownership and participation, Web3 games disrupt the traditional gaming industry and create a model where the interests of both companies and players are better aligned.
Cryptocurrency Briefing – For gamers who are unfamiliar with the concept of digital assets, can you explain how Asset Inventory Systems (AIS) will positively impact their gaming experience?
AIS’ core focus is its ability to immerse players in a variety of gaming experiences, transforming them from single game participants into platform users. This is made possible by activating assets earned in one game to improve performance in another. Dubbed ‘Player Fluidity’, the goal is to facilitate seamless transitions between games and create a vibrant platform environment.
The Asset Inventory System (AIS) is at the core of Delabs Games Playable Layer, providing a gamified platform built to drive player liquidity flows across multiple games on the platform.
AIS mixes external rewards and internal satisfaction to motivate users to explore different games. Users will collect “assets” that can be equipped into inventory slots to enrich both their gaming journey and earnings on the platform. This unique feature adds to the appeal of layers and encourages seamless transitions between games and platforms.
Asset Inventory Systems (AIS) positively impact the gaming experience in several ways. The first is improved interoperability and partnership opportunities as AIS promotes interoperability between the Delabs Games ecosystem and third-party projects. Delabs Games Playable Layer seamlessly introduces new content to users of the platform by suggesting new boosts and set bonuses for assets from third-party projects. This not only enriches the gaming experience, but also opens up opportunities for users to fully explore third-party products, ultimately increasing conversion and retention rates.
The second is to equip assets for boost effects. Players can equip assets in their inventory for boost effects both in-game and across platforms. For example, assets like Rumble Racing Star’s speed boost or APY boost staking can significantly improve your gameplay or earnings. Each asset can have rarity, boosts, and set bonuses, further diversifying the strategies players can use to optimize their gaming experience.
The third positive impact is asset collection. This is because players have a variety of ways to earn assets, including playing games, contributing to the platform, and owning digital assets within the ecosystem. These acquired assets can be placed into inventory slots in the Delabs Games Playable Layer to provide players with various boost effects that improve in-game performance or profits.
This encourages player engagement and engagement, enriching the overall gaming experience while also promoting ownership and advancement within the ecosystem.
Crypto Briefing – The gaming industry already has traditional titles that rely heavily on user interaction and for which the AIS concept may be preferred, such as Path of Exile, Diablo, and Tibia. Why do you think none of the companies developing this title started such experiments?
A key element of AIS is providing a gamified platform experience. While games like Path of Exile, Diablo, and Tibia focus primarily on in-game experiences, Delabs Games Playable Layer integrates platform-based gamified experiences to create game-like experiences. Expand your gaming experience beyond play. The system allows users to collect and combine various assets to gain benefits within individual games or across platforms.
Delabs Games Playable Layer promotes platform composability, enabling systematic integration across games on the platform. In addition, Delabs Games begins with carefully selected high-quality games and gradually expands to mini-games, satisfying gamers’ various intrinsic motivations while maintaining a balance between game quality and accessibility.
In contrast, traditional titles may not have experimented with similar concepts because they primarily focus on the in-game experience and do not prioritize the broader platform experience that Delabs Games seeks to provide. Delabs Games emphasizes community engagement and encourages participation and growth through reward mechanisms and a collaborative mindset rooted in the essence of Web3.
Crypto Briefing – Blockchain games are usually overlooked by traditional gamers because they involve monetary aspects and NFTs, which are not very popular with this group. From a creator’s perspective, do you see greater penetration of blockchain games among traditional gamers?
Yes, there is a noticeable shift in awareness and adoption of blockchain gaming among traditional gamers. The quality of Web3 games is steadily improving along with the diversification of genres beyond existing casual games and puzzle games. As it expands into genres such as FPS, MMO, and RPG, blockchain games are becoming more attractive to existing gamers who seek diverse and immersive gaming experiences.
In addition, the fact that major companies in the gaming industry such as Nexon and Ubisoft announced their entry into Web3 game development means that acceptance and interest in blockchain games are increasing among existing game companies. Additionally, industry heavyweights such as CCP Games, Ubisoft, Square Enix, Sony, and Konami are cautiously exploring the Web3 gaming landscape to further validate the potential of blockchain technology in gaming.
This trend is not limited to established companies. New entrants like Delabs Games are also entering the market, bringing fresh talent and innovation to the forefront. With this influx of talent and investment, blockchain gaming is poised to continue to infiltrate the traditional gaming market, offering new games and stories that appeal to a wider audience.
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