Forming the future of Web3 video gaming in Southeast Asia: An interview with W3GG CEO Chin Yu

  • November 14, 2024
Forming the future of Web3 video gaming in Southeast Asia: An interview with W3GG CEO Chin Yu

Asia has the greatest video gaming population on the planet with over 2X more players than the remainder of the world, according to current reports. The Southeast Asian area has a greater concentration of this general group and with the developments in Web3, there is a brand-new arena of chances open for players and designers.

W3GG is a platform that has actually been making strides with its vision of a decentralized engagement system for players and its distinct technique to video game circulation. At the heart of the W3GG method is a basic shift in how they intend to link gamers and designers.

In a discussion with Chin Yu, the CEO of W3GG we went over the inspiration for developing the W3GG platform, their neighborhood, the $W3GG token, and the roadway ahead.

1. Inform us more about the W3GG objective. What was the inspiration behind the platform?

At the core of W3GG’s identity lies our deep-rooted understanding of both the video gaming market and the emerging Web3 landscape. Our structures trace back to our function as the unique guild partner for Yield Guild Games in Southeast Asia. Throughout this developmental duration, we led crypto adoption through play-to-earn video gaming scholarships, dispersing over $1 million in in-game tokens to more than 50,000 scholars throughout the area.

The market characteristics moved in 2022, as the collapse of Terra, Luna, and 3AC rendered scholarships as a main company design unsustainable. Instead of being prevented, we took an action back to reassess the landscape and saw an even higher chance.

Acknowledging SEA as a high-growth market for decentralized video gaming, we doubled down on constructing a platform that resolves 2 crucial difficulties.

We intend to offer authentic earning chances for our SEA neighborhood, empowering them to get involved in the Web3 video gaming transformation. We empower Web3 video game studios to straight reach, obtain, and engage these dynamic video gaming neighborhoods– a task that has actually avoided incumbent marketing platforms due to their restricted exposure and inefficient circulation channels.

By connecting video gaming actions to Soulbound tokens, a type of digital identity on the blockchain, we make sure that all gamer engagement is irrefutably tape-recorded on-chain. This allows us to use a level of openness and responsibility that sets us apart from standard designs.

For players, this provides a chance to construct a platform that bridges the space in between play and ownership. We reward gamers not just for their ability however for their commitment and devotion, empowering them with real digital ownership through NFTs and tokens.

By promoting this community of acknowledgment and ownership, our company believe W3GG can end up being the main center for Web3 video gaming in Southeast Asia and beyond. Our special mix of video gaming know-how, blockchain-enabled facilities, and deep understanding of the target audience positions us as a real market leader, poised to redefine the future of decentralized video gaming.

2. What makes W3GG stick out from the rest in the area?

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