Zilliqa to Launch Web3 Games Console In Early 2023. Picture Courtesy: Zilliqa

Zilliqa to Launch Web3 Games Console In Early 2023. Picture Courtesy: Zilliqa

Zilliqa to Launch Web3 Games Console In Early 2023

Newsroom Sep 24, 2022

From mining crypto to supporting AAA games, Zilliqa is working on a gaming console capable of doing everything a degen/gamer would want.

Overview:

  • The new console is made for gamers and cryptocurrency lovers, according to a statement from Zilliqa that VentureBeat published.
  • It will include its Game center, a Web3 wallet, and crypto mining tools.
  • Zilliqa will begin testing the gaming center before the end of the month.

Zilliqa is developing a device allowing users to mine bitcoins while enjoying their favorite Web3 games. A Layer 1 blockchain protocol called Zilliqa has announced the release of a new Web3-focused video game console that would compete with Sony, Microsoft, and Nintendo, but with a unique twist.

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The new console is made for gamers and cryptocurrency lovers, according to a statement from Zilliqa that VentureBeat published. It will include its Game center, a Web3 wallet, and crypto mining tools. Zilliqa will begin testing the gaming center before the end of the month. Zilliqa has not yet released the console's hardware specs. Still, judging by the diversity of connections seen in the images (including HDMI, Ethernet, USB-C, and USB 3.0), it is anticipated to be a competitive piece of hardware on par with its well-known rivals.

Zilliqa Hopes to Become the Steam of Web 3 Gaming

Zilliqa Hopes to Become the Steam of Web 3 Gaming. Picture Courtesy: Zilliqa

Zilliqa's head of gaming technology, Valentin Cobelea, said the business had a positive reaction from the public when it unveiled its debut game at Gamescom. In addition to the device's gaming skills, the team hopes to attract users' attention with financial incentives, which will be a pleasant bonus for those looking to purchase it. Non-natives of the cryptocurrency industry will be able to make money while having fun with games, thanks to Zilliqa's hardware console and gaming center.

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After the firm grew its portfolio, Cobelea said that the console and gaming center would be released in the first half of 2023. The goal of Zilliqa is to become "the Steam of Web3 games. With the support of the sizable crypto community on Zilliqa and the user-friendly infrastructure, the company does not doubt that we can become the Steam of Web3 games.

Web 3 Video Games Make Their Way Into the Gaming Industry

Web 3 Video Games. Picture Courtesy: Zilliqa

In 2021, blockchain gaming activity reportedly increased by more than 2000%. Despite the gloomy times, certain games have managed to have more than 300,000 active gamers, according to a recent Zilliqa study on Web3 games.

However, there is still a long way to go before these kinds of games can compete on an equal footing with those on Web 2, since players who join Web2 do so to have fun without regard for financial benefits, in contrast to players who enter Web3, who mostly do so to earn money.

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Zilliqa claims that the Web3 gaming market is still in its infancy, 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 during the Bitcoin bull run, where several families in nations like the Philippines quit their day jobs to devote themselves full-time to this game.

You can also download the Tournafest app from Google Play or App Store to play Esports Tournaments & Scrims games like BGMI, Free Fire MAX, Call of Duty, CS: GO, Valorant, Pokemon Unite & win exciting rewards! You may also organize Tournaments & fetch unmatched perks.

Until next time,

#liveitforgaming

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Manish Gupta

I’m a creative thinker. I think it’s important to approach tasks and issues from different angles, rather than doing what has always been done. By having an open mind and taking a different approach.