$0.02031
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Date | Price | Volume | MarketCap |
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BlockGames current price is $0.02031 with a marketcap of $2.76 M. Its price is -6.07% down in last 24 hours.
The new generation of web3 games uses the blockchain framework to make games more accessible and rewarding. However, many players are still wary of unfamiliar gaming systems. BlockGames is a crypto project that hopes to solve this issue by designing a convenient user interface that works for people, no matter what level of gaming skills they have. Read on to learn more about the BlockGames system and its plan to make web3 gaming easier.
Key Takeaways:
- BlockGames is a cross-game player network with cross-chain capabilities. It provides players with a Universal Player Profile they can use to access a variety of different web3 gaming products on the BlockGames website and app.
- BlockGames endeavors to tackle two of the modern web3 gaming industry’s common problems by introducing web3 games to traditional players and improving marketing for game developers.
What Is BlockGames?
BlockGames is a cross-game player network with cross-chain capabilities. It provides players with a Universal Player Profile they can use to access a variety of different web3 gaming products on the BlockGames website and app.
History of BlockGames
BlockGames was founded by Benas Baltramiejūnas, a U.K. businessman who formerly worked at Nike. Baltramiejūnas previously created and ran a real estate company for online rentals, but in 2022 his focus turned to the blockchain ecosystem. He partnered with mobile game studio Estoty to create a new system that would offer the perfect blend of convenience and innovation.
The BlockGames company is inspired by the growing interest in web3 gaming and free-to-play games. It hopes to create a gaming framework that appeals to both users and game developers. Though the company is still in the early stages of designing its system, it's proud to be the first cross-game, cross-chain player network.
What Does BlockGames Aim to Achieve?
BlockGames aims to tackle two common problems in the modern web3 gaming industry. First of all, it aspires to introduce web3 games to traditional players. By putting a variety of web3 games behind a simple interface and a unified player account, BlockGames plans to make it easier for players to explore different games.
Its other main goal is to improve marketing for game developers. BlockGames noticed that there were a lot of great games that were struggling simply because they couldn't attract enough players. The BlockGames ecosystem will create a collection of enthusiastic players that any developer can access, with the hope of making marketing a lot easier for game developers.
How Does BlockGames Work?
The BlockGames system runs on the Ethereum blockchain and uses oracles to provide cross-chain capabilities. Through the BlockGames network, users can enjoy gaming experiences on multiple chains. This is possible thanks to a mechanism called soulbound tokens (SBTs). SBTs are Ethereum tokens that are non-transferable, non-fungible and linked to a specific person. They essentially function as NFTs, but since they’re non-transferable, they cannot be bought or sold.
BlockGames issues each player a BlockGames ID that's made up of SBTs. The Universal Player Profile can hold player data, records and achievements. Each ID allows its holder to connect to the games within the BlockGames universe, and the SBTs keep track of things such as player wallets and attributes so players have full and irrevocable control over their gaming identities.
Features of BlockGames
The BlockGames cross-game player network offers a lot of rewarding gaming experiences. Here are some features people can expect when they try the BlockGames app.
DICE NFT Launch
DICE NFTs are premium NFTs minted from the BlockGames treasury. Users who hold them receive early access to the BlockGames Player Network, and they also offer enhanced airdrop eligibility. During weekly rounds of point scoring, DICE holders get more points for the airdrop in the future. Staking DICE offers another way for owners to earn more rewards.
Player Network
The BlockGames Player Network is the heart of the ecosystem. By creating a BlockGames ID, users obtain an individualized account that accesses a variety of games. You can use this account to get instant rewards, earn social points and try out games. This network isn't fully launched yet, but select people can invite friends and try it out.
BlockGames Airdrop
The BlockGames Airdrop is a program to help generate interest in the network. Anyone can sign up for the airdrop and start receiving instant rewards. You earn more points if, for example, you invite friends and comment on social media. The airdrop offers particularly significant rewards for social points that people can get by interacting with other posts on X (formerly Twitter) and the BlockGames forum. You can also receive pace points for the airdrop by participating in weekly rounds of gaming on the app.
BlockGames Lucky Rolls
The Lucky Rolls campaign is linked to both the BlockGames Airdrop and the DICE NFT launch. DICE owners get Lucky Rolls that provide more early access to BLOCK purchases. Lucky Rolls social points are also available through giveaways and contests on the Discord server.
BlockGames Road Map
In the past two years, BlockGames has managed to create and launch an early access testnet on which users can sign up for a BlockGames ID and play games on a mobile BlockGames app. There are over 100 games in the BlockGames system, which has also successfully collaborated with app developers such as TokyoBeast. With its pace points and social points, the airdrop system has helped BlockGames rapidly gain over 600,000 followers on X.
BlockGames is currently focused on promoting its new BLOCK crypto token. In addition to running several airdrop programs, it also hopes to host a community presale and a token generation event. There are plans to move the BlockGames app from alpha to beta version at some point, but BlockGames hasn't provided much information on when this will happen.
BLOCK Tokenomics
As the native utility token of BlockGames, BLOCK performs many services. It's used to reward developers who create games, and to incentivize players to improve their gaming skills. It's also the governance token for the BlockGames Player Network. BLOCK has a total supply of 1 billion tokens, to be distributed according to the following plan:
- Ecosystem: 30%
- Community Rewards: 25%
- BlockGames Team: 15%
- Investors: 12%
- Community Presale: 10%
- Dice Infusion: 5%
- BlockGames Advisors: 3%
Will BLOCK Be a Good Investment?
While the BlockGames project sounds interesting in theory, its lack of information has some crypto investors concerned. The BlockGames ecosystem has spent almost all of its time promoting its token, yet it hasn’t released a white paper or even explained how its infrastructure works. In addition to these red flags that could indicate a rug pull, there have also been some user complaints about the BlockGames app. Many reviews of the early access app mention that users have encountered a lot of bugs, and there aren't many games available. Therefore, investors looking into BLOCK need to be cautious.
However, even if the BlockGames product isn't able to refine its technology and distinguish itself from its competitors, its crypto token could still prove popular. The ecosystem does have a lot of followers on X, Discord and other types of social media, which could lead to a lot of interest in the token. Especially in the first few days after the token launch, BLOCK might be a nice choice for investors who have money to spare and like high-risk, high-reward tokens.
Closing Thoughts
Ultimately, whether or not BLOCK is likely to have long-term success will depend upon BlockGames' ability to attract more game developers and refine its user interface. Though they’re still works in progress, BlockGames and BLOCK are backed by some intriguing ideas on how to handle player accounts and crypto games. If the ecosystem can further improve its ideas, it has the potential to become a valuable part of the web3 gaming landscape.