Play-To-Earn Concept: How To Elevate P2E Games And Drive User Engagement
Play to earn games have often failed due to flawed economic game design. How can P2E games live up to their promises? – Read in this article.
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The challenges posed by the architecture needs for Web 3.0 are unthinkable. Years will pass until a truly decentralized internet gets created. Who are the game changers? A few thousands of young and daring companies around the globe are taking a leap of faith, trying to turn the futuristic concept of Web 3.0 into reality. They know what they’re doing since one year in this hyper-revolutionary frontier equals an entire decade of progress.
Although nobody can tell you which Web 3.0 company will succeed and which will fail along the way, some are clearly ahead of the curve.
Braintrust is a Web 3.0 company that leverages the power of decentralization to make hiring and getting hired a more fair system for all participants. Their platform is user-owned, meaning no network operator would charge exorbitant fees and have the right to make decisions that don’t bring any value to the community.
Job seekers can keep 100% of what they earn, while employers are charged only a 10% fee to cover the basic operational costs. Network members are programmatically awarded BTRST tokens for referring job seekers and employers to the platform. Each token equals one vote on decisions related to the way the network works, including changes in network fees, technical settings, reputation systems, award programs, etc.
An ecosystem of e-commerce solutions, this Web 3.0 company develops and runs platforms that help digital brands thrive. The company projects such as Knoji, Influencer.Codes, SimplyCodes, Favelyand, and Dealspotr create next-gen shopping experiences for e-commerce communities, driving sales by extensively using social tokens, crowdsourcing, and gamification.
The creator and CEO of the company, Michael Quoc, is a true innovation guru whose previous experience includes launching a few social networking services at Yahoo.
One more Web 3.0 company gaining traction at a healthy rate is Sorare. Brought into existence in 2018 by Nicolas Julia and Adrien Montfort, it’s hugely popular among fantasy football fans. Sorare is a space where users can manage their virtual teams, collecting and trading football Cards as they play. Each digital player card is a one-of-a-kind NFT that belongs to the user and gets validated via the Ethereum blockchain. Its value fluctuates depending on the market trends.
Over 700,000+ users have been drawn to the platform so far, and this seems to be just the beginning.
Alchemy is one of the most well-known names in the top Web 3.0 companies list. This developer platform created by Nikil Viswanathan and Joe Lau allows developers from 197 countries to build and scale solid blockchain-based applications easily.
The niche carved by Alchemy is incredibly lucrative. After just two years, this web 3.0 company is worth $10.2 billion. Even in the realm of crypto, it is considered to be huge. No wonder Alchemy is admired by venture investors and tech entrepreneurs alike.
Few startups have contributed to spreading Web 3.0 projects on such a huge scale.
OpenSea is a Web 3.0 company that can boast similar breakout success. The #1 peer-to-peer platform for buying and selling NFTs. OpenSea is the brainchild of Devin Finzer and Alex Atallahis.
The downfall of Web 2.0 was inevitable. Built on AI, machine learning, and blockchain technologies, Web 3.0 companies create myriad opportunities, revolutionizing the internet at lightning speed. There is no turning back.