Here's what the future of Sovrun looks like...

GAMING CHRONICLES 96

Raiden

and

Memento | Oscar

Dec 04, 2024

Gaming Chronicles focuses on curating the latest web3 gaming news, every week.

You will find the latest news, educational content, and game reviews.

Arbitrum, a gaming ecosystem with titles such as King of Destiny, Seraph, Pirate Nation, and Mighty Action Heroes, brings this newsletter.

Battle for Blockchain is a new on chain strategy game on Arbtirum: Choose a side, collaborate with others, destroy your enemies, and bring home the loot.

Join their Discord to participate in the upcoming public Alpha 👇

TLDR :

XAI introduces Tiny Sentry Keys
Sovrun litepaper release
Playgama raises $3M

🗞️ NEWS

XAI INTRODUCES TINY SENTRY KEYS

After a sequence of cryptic messages about keys and packages, XAI introduces “tiny Sentry keys” - “keys that unlock an airdrop battle pass to the XAI ecosystem”
- For context: in December last year XAI held their Sentry Node Key sale, these nodes distribute token rewards. Every holder of these keys receives 99x tiny keys
  - According to my calculation, this airdrop will introduce around 2M keys to the supply + there will be a separate mint
The top 12+ projects within XAI will have dedicated allocations for both tiny and OG holders
- I.e. XAI is introducing an ecosystem-wide battle pass, lowering the barriers of entry to earning rewards in their ecosystem + monetizing access to airdrops (i.e. “pay to airdrop”)
- With such a large supply of keys, the rewards per key will be less meaningful, however, I assume there will be some type of progression system, allowing top players to aim for higher rewards
Overall, this move seems to be UA and cross-pollination play to get players into the XAI ecosystem, have them try out different games, and retain them this way
- Ronin has shown how powerful making gamers loyal to your ecosystem can be

PLAYGAMA RAISES $3M

Just yesterday the game tech platform Playgama announced they raised $3M, to become the biggest distribution platform for HTML5 (e.g. Telegram) games
- The round was led by The Open Platform (TOP) and A16Z
If you visit Playgama’s website you will get an idea of what kind of games they’re working with
- It also mentions: “Sign up, play games, earn coins, and trade them for real-world rewards” (doesn’t look like those rewards are paid in crypto)
- Furthermore, the distribution platform claims to have an audience of already 220M MAUs
Currently, HTML5 games are accessible through social media, messenger apps, and various websites (e.g. Itch.io, Crazygames, Agame, etc.)
Playgama aims to offer devs of HTML5 games access and solutions for as many platforms as possible
- Through a Platform-as-a-Service ecosystem, they will provide monetization, QA, and management tools
- The “Playgama Bridge” will be an open-source SDK, allowing devs to publish across multiple platforms using one integration and support various game engines
So why did TOP invest? TOP is a VC and venture builder for early-stage projects on TON, and provides distribution among other things to build and scale Web3 products
- Playgama simplifies the distribution of Telegram games > More devs will publish their HTML5 games on the platform > More devs explore to potential of Web3 monetization > TOP expands its Web3 distribution network
  - Considering Telegram is still a platform where game X sells their audience to game Y, which sells their audience to game Z, means expanding this network can be valuable

SOVRUN LITEPAPER RELEASE

Sovrun, formerly known as BreederDAO released its litepaper two days ago…
Here's a preview of what Sovrun will look like (litepaper):
- Sovrun has three layers: Genesis, Labs, and Nexus
  - Genesis: The Participation Layer
    - Aimed to create a collaborative space where players, creators, and communities can engage and influence game economies
      - Examples of this are the Plunder Quest mini-game on top of Pirate Nation and the development of eSports ecosystems inside EVE Frontier’s Phase 3 Hackathon
    - Sovrun also allocated a $17M fund to acquire assets in various projects
  - Labs: The Empowerment Layer
    - A hub to provide the tools to enable creators to design infinitely scalable worlds
    - They’re making an L2 that addresses the core limitations of on-chain games and Autonomous Worlds (similar to Proof of Play)
  - Nexus: The Engagement Layer
    - Focused on delivering consumer-facing experience, building user-friendly apps to onboard new users, and making decentralized gaming approachable and compelling.
    - Applications so far include:
      - GIG: A Telecom provider that gamified its app through quests and micro-tasks, allowing users to earn while they engage
      - Chain Tactics: A fully on chain 1V1 PvP strategy game
      - Creatorverse: a roguelite autonomous world, where users can import NFTs from various ecosystems
Furthermore, the litepaper dedicates a section to token utility and tokenomics