Despite a solid start to 2023, the worldwide markets, especially technology, have experienced economic and social unrest. Crypto and NFT fans have weathered decreasing token values, devastating failures, and breaches.
Nevertheless, despite the negative news and rumors, web3 gaming and NFT fields persist and progress. Web3 gaming and NFTs are leading the way in utilizing blockchain technology to make crypto more accessible to the general public.
Bluzelle has taken the gaming world by storm with its latest upgrade as a layer-one chain designed to revolutionize the industry. To address the slow speeds and high transaction costs hindering the growth of web3 gaming, Bluzelle has upgraded to Stargate, the latest version of the Cosmos network.
This will allow the company to provide players with faster, more secure, and cost-effective gaming experiences globally.
According to Footprint Analytics, venture capital firms invested $3.7 billion in gaming and metaverse categories last year. There’s a great possibility that this trend will persist as web3 use cases are becoming more defined.
A New Era for GameFi
Bluzelle’s founders, Pavel Bains and Neeraj Murarka bring a wealth of experience from their previous work with major gaming companies like Disney, EA, Microsoft, and Zynga. As the web3 gaming space develops, they noticed the barriers preventing the gaming industry from unlocking its full potential.
The decentralized storage layer presented an opportunity to bring their gaming expertise to the web3 ecosystems with the power of the Cosmos network.
“We believe our combination of gaming experience and Cosmos can help onboard the next billion users to crypto with GameFi. Our latest game, GAMMA 4, showcases how Bluzelle can make web3 gaming accessible and enjoyable for everyone,” said CEO Pavel Bains.
Conquering the Challenges in Web3 Gaming
Bluzelle’s layer-one chain offers a range of features that will change the gaming industry. The chain will enhance the capabilities of IPFS and provide added reliability and redundancy. Players can lend and stake NFTs and game assets using the Inter-Blockchain Communication Protocol (IBC), connecting Bluzelle to DeFi chains such as Osmosis.
Integrating the Keplr wallet will provide web3 gamers with a consistent standard across different games and chains within the Cosmos network. At the same time, the marketplace will allow for the minting and transacting of NFTs and assets tied to games, as well as the launch of game-specific tokens using BLZ as the gas for transactions.
To demonstrate the full potential of its GameFi chain, Bluzelle is releasing GAMMA 4, a sci-fi-themed card battle game where five different species compete for control of the Elementis.