Zilliqa Announces Its Own Web 3 Gaming Console With Crypto Mining Capabilities

Please fol­low and like us:
Pin Share

Zilliqa is work­ing on a con­sole that will offer the pos­si­bil­i­ty of min­ing cryp­tocur­ren­cies while play­ers have fun with their favorite Web3 games.

Zilliqa, a Lay­er 1 blockchain pro­to­col, announced the launch of its new Web3-focused video game con­sole com­pet­ing against Nin­ten­do, Microsoft, and Sony— but with a twist that makes it unique.

Accord­ing to Zilliqa’s state­ment pub­lished by Ven­ture­Beat, the new con­sole is designed for gamers and cryp­tocur­ren­cy enthu­si­asts, as it will fea­ture its own Game hub, a Web3 wal­let, and cryp­to min­ing util­i­ties. By next month Zilliqa will start test­ing the gam­ing hub.

For now, Zilliqa has refrained from dis­clos­ing the hard­ware spec­i­fi­ca­tions of the con­sole; how­ev­er, judg­ing by the vari­ety of ports shown in the pho­tos (Head­phone Jack, Eth­er­net, USB‑C, USB 3.0, HDMI, among oth­ers), it is expect­ed to be a com­pet­i­tive piece of hard­ware on par with its main­stream competitors.

Zilliqa gaming console ports
Zilliqa gam­ing con­sole ports

Zilliqa Hopes to Become the Steam of Web 3 Gaming

Valentin Cobelea, head of gam­ing tech­nol­o­gy at Zilliqa, said the com­pa­ny got a great response from the com­mu­ni­ty when it announced its first game at Gamescom. The team expects to catch users’ atten­tion not only for the gam­ing capa­bil­i­ties of their device but for its mon­e­tary incen­tives, which will be a nice plus for those inter­est­ed in get­ting it.

“Zilliqa’s hard­ware con­sole and gam­ing hub will allow non-cryp­to natives to earn mon­ey while play­ing fun games with­out the com­plex­i­ty of man­ag­ing the cryp­to they earn.”

Cobelea fur­ther added that the con­sole and gam­ing hub will be launched in ear­ly 2023 once the com­pa­ny expands its cat­a­log. Zilliqa hopes to become “the Steam equiv­a­lent for Web3 games.”

“With the back­ing of Zilliqa’s large cryp­to com­mu­ni­ty and the easy-to-use infra­struc­ture, we have no doubt that we can become the Steam equiv­a­lent for Web3 games.”

Web 3 Video Games Make Their Way Into the Gaming Industry

Accord­ing to a recent Zilliqa report on Web3 games, blockchain gam­ing activ­i­ty sky­rock­et­ed more than 2000% dur­ing 2021, and despite the bear­ish times, some games have man­aged to have more than 300 thou­sand active users.

How­ev­er, there is still a long way to go for these types of games to man­age to com­pete equal­ly with those on Web 2, since play­ers who enter Web2 do so to have fun with­out car­ing about eco­nom­ic gains, while on Web3, the vast major­i­ty of play­ers enter to make money.

Accord­ing to Zilliqa, the Web3 gam­ing indus­try is still in its ear­ly years of matu­ri­ty, so per­haps in the future, stu­dios will be able to offer new game modal­i­ties that, beyond focus­ing on mon­e­tary incen­tives, are fun and com­pet­i­tive as Axie Infin­i­ty was in the midst of the Bit­coin bull run, where sev­er­al fam­i­lies in coun­tries like the Philip­pines aban­doned their jobs to ded­i­cate them­selves full time to this game.

SPECIAL OFFER (Spon­sored)

Binance Free $100 (Exclu­sive): Use this link to reg­is­ter and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Spe­cial Offer: Use this link to reg­is­ter & enter POTATO50 code to receive up to $7,000 on your deposits.

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published.