Future Blockchain Summit 2023: Web3, Crypto, and Gaming Insights

Future Blockchain Summit 2023: Web3, Crypto, and Gaming Insights

Play-To-Earn Games News, P2E Games News | 11 Apr 2024 06:21 UTC

In a world where blockchain technology is rapidly evolving, annual events and conferences continue to gain momentum, attracting the interest of savvy investors and enthusiasts eager to dive into this thriving industry. As we enter the last quarter of the year, one event is stealing the spotlight, the "Future Blockchain Summit," an event set to define the future of Web3, blockchain, crypto, NFTs, the Metaverse, and gaming.

1. The Future Blockchain Summit

From October 15 to 18, 2023, the Future Blockchain Summit unfolded its grandeur at Dubai Harbour. The Middle East and North Africa (MENA) region's most immersive blockchain event introduced a new concept aimed at promoting disruptors, change-makers, and innovators in the realms of Web 3.0, Blockchain, Crypto, NFTs, Metaverse, and Gaming. Over the course of four days, attendees experienced countless opportunities to connect, gain insights from an action-packed agenda, pitch for growth funding in the Supernova Challenge, and participate in the Web 3.0 Gaming Showdown.

1.1 Experts and Innovation

More than 150 experts, regulatory organizations, and government representatives from over 50 nations congregated at the largest superyacht center in the Middle East. This new venue, created by GITEX Global, provided an exciting setting to explore the potential of decentralized technology. Visionaries from prominent companies such as 1inch, Binance, BitGo, and Circle showcased the latest developments in blockchain, cryptocurrency, and Web3 sectors.

2. Secure Crypto Asset Custody

The event highlighted the significance of crypto asset custody in an evolving Bitcoin ecosystem that continually attracts new participants. International crypto custody leaders like BitGo were present to educate the audience about the dynamic innovations in custody regulations. This emphasizes the central role of custody in addressing security concerns and building confidence among investors.

2.1 Redefining Custody in Web3

Discussions at the event delved into topics like "Redefining custody and how to think about control in a Web3 world." Michael Shaulov, CEO and Co-Founder of Fireblocks, joined the conversation, emphasizing the importance of cutting-edge security infrastructure in the digital asset space. Alvin Kwock, Co-Founder of OneDegree Hong Kong Limited, and Dr. Marwan Al Zarouni, CEO of the Dubai Blockchain Centre, added their insights to the discussion.

3. Expanding Online Gaming with Web3 Technologies

The 'Web3 Gaming Showdown: Decentralize-2-Expand' at the Future Blockchain Summit underlines the gaming industry's exploration of Web3's potential. Industry leaders offered demonstrations of new games and examined how Web3 decentralized technologies are reshaping the web.

3.1 Investing in Web3 Games

Experts from organizations like Dubai Multi Commodities Centre (DMCC), Metatheory Inc., Xsolla, Enjinstarter, Horizon Labs, Darewise/Life Beyond Studios, and The Chopra Foundation led discussions on topics like "Investing in Web3 games." They explored monetization strategies to drive engagement and interest in this new ecosystem.

4. Developing Long-Term Strategies

The Future Blockchain Summit introduced a new program, 'Climate Action through the New Web3 Economy,' in conjunction with COP28 taking place in Dubai. The program explored sustainable solutions enabled by Web3 technology, hosted by the UN Observer Organisation Climate Chain Coalition and the Slovenian Ministry of Economy, Tourism, and Sport.

4.1 Enjinstarter's AYA

Enjinstarter, a premier Web3 launchpad and advisory firm, announced the launch of 'AYA' at the summit. AYA is Enjinstarter's new launchpad focused on founders in the impact and sustainability space. The program aims to raise awareness about climate action and play an active role in the UAE's net-zero strategy for 2050. Attendees were invited to visit Enjinstarter's booth, sign up for AYA, and have a mangrove planted on their behalf.

Frequently Asked Questions

What is the Future Blockchain Summit?

The Future Blockchain Summit is the Middle East and North Africa's largest immersive blockchain event. It brings together experts, innovators, and enthusiasts to explore the latest developments in Web3, blockchain, crypto, NFTs, the Metaverse, and gaming.

What were the key dates for the Future Blockchain Summit in 2023?

The Future Blockchain Summit took place from October 15 to 18, 2023, in Dubai Harbour.

Which companies and experts participated in the event?

Prominent companies such as 1inch, Binance, BitGo, BitGet, Circle, Sui, and Fireblocks, among others, presented the latest developments in the blockchain, cryptocurrency, and Web3 sectors. Expert speakers from various organizations shared their insights throughout the event.

What is the focus on crypto asset custody at the conference?

The conference emphasized the importance of crypto asset custody in the evolving Bitcoin ecosystem. It discussed innovations in custody regulations and their role in addressing security concerns, fostering confidence among investors, and ensuring regulatory compliance, risk management, institutional adoption, and insurance.

What games and game studios were mentioned at the Future Blockchain Summit?

Square Enix's Ludo Zenith and Fumb Games' Bitcoin Miner were notable examples. Ludo Zenith experienced an 82% increase in ARPDAU after integrating ZBD rewards, while Bitcoin Miner achieved over a tenfold boost in day 30 user retention. These games demonstrated the impact of the summit's discussions on the gaming industry.

What is the 'Climate Action through the New Web3 Economy program' introduced at the summit?

The program focuses on sustainable solutions made possible by Web3 technology. It was introduced at the 2023 conference in conjunction with COP28 happening in Dubai. The program aims to address climate action and sustainability in the context of the Web3 economy.

What role does Enjinstarter play in the Web3 space, and what is 'AYA'?

Enjinstarter is a premier Web3 launchpad and advisory firm. 'AYA' is Enjinstarter's new launchpad focused on founders in the impact and sustainability space. AYA aims to raise awareness about climate action and contribute to the UAE's net-zero strategy for 2050.

Conclusion

The Future Blockchain Summit in Dubai brought together industry experts, innovators, and enthusiasts to explore the limitless possibilities of Web3, crypto custody, and Web3 gaming. As blockchain technology continues to evolve, events like this are instrumental in shaping the future. With an emphasis on secure crypto asset custody, expanding online gaming, and sustainable Web3 solutions, the summit showcased the transformative power of blockchain technology.

Future Blockchain Summit 2023: Web3, Crypto, and Gaming Insights
Future Blockchain Summit 2023: Web3, Crypto, and Gaming Insights

About W3 Play:

Catalyzing the Future of Gaming | W3 Play

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News Article Description

In this article, gamers should pay attention to the insights shared at the 2023 Future Blockchain Summit in Dubai. This event highlighted key trends in Web3, blockchain, cryptocurrency, NFTs, and the gaming industry. Experts discussed the importance of secure crypto asset custody and the potential of in-game advertising. Notable game studios like Square Enix and Fumb Games demonstrated the transformative power of blockchain technology in gaming. Additionally, the 'Climate Action through the New Web3 Economy program' emphasized Web3's role in sustainability. Enjinstarter introduced 'AYA,' focusing on impact and sustainability. This event promises a glimpse into the future of gaming, Web3, and blockchain. Gamers should keep these insights in mind as they navigate this dynamic landscape.

Related Tags:

Web3, Blockchain Technology, Future Blockchain Summit, Dubai Events, Cryptocurrency, NFTs, Metaverse, Square Enix, Fumb Games, Ludo Zenith, Bitcoin Miner, Crypto Asset Custody, Secure Custody, Gaming Industry, In-Game Advertising, Sustainability, AYA, Enjinstarter, Climate Action

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Shardbound - Multiplayer Collectible Tactics Web3 Game - Review

Shardbound - Multiplayer Collectible Tactics Web3 Game - Review

Shardbound is an engaging multiplayer collectible tactics game set in the unique world of the Axis islands suspended above the earth's core. Players must strategically build decks to outsmart their opponents and achieve victory. The game is rich in lore, and players embark on a quest to protect the Lifeweave bonds and uncover the mysteries of the Shards. Developed by Immutable Games and Bazooka Tango, Shardbound combines turn-based tactics with collectible card mechanics and integrates Web3 elements through the Immutable Passport for enhanced access, community involvement, and digital ownership. Shardbound leverages Immutable's zkEVM technology, offering scalability, security, and true digital ownership. It introduces a player-centric ecosystem with Web3 integration, enhancing the overall gaming experience. The game combines top-down tactical collectible card gameplay with hex-based grid battles, where players engage in intense 1v1 PvP battles or challenge NPCs. Victory depends on reducing the opponent's champion's health to zero using spells and minions. The game features six distinct factions, each with unique abilities and minions, providing tactical advantages. The Shardfall System allows players to watch and interact with live-streamed matches within the game. Shardbound emphasizes PvP gameplay, diverse factions, and unit acquisition through objectives or Box purchases, offering players a strategic and exciting experience. The game includes a PvE tutorial and plans for an episodic campaign in the future. In terms of tokenomics, Shardbound utilizes the $IMX token on the ImmutableX technology platform.

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BR1 - Game Review

BR1 - Game Review

BR1 is a shooter game that makes use of NFT technology. Unlike most games, which give players very little incentive, BR1 is a high-risk, high-reward game. Although BR1's premise differs fundamentally from other titles on the market, it was built with the user in mind. Currently, well-known businesses including Krafton, Solana Ventures, and Shima Capital, to name a few, have invested in BR1. The co-founder of Twitch, Justin Kan, has made an investment in the BR1 Metaverse Game, according to the game's publisher.

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Wizarre - Game Review

Wizarre - Game Review

Welcome to Wizarre, the ultimate Web3 Game that brings the magic of NFTs to your mobile device! In Wizarre, you'll discover a world of rare and unique NFT creatures known as Wizards. These powerful beings are yours to collect, trade, and battle as you compete against players from around the globe. Experience the thrill of magical battles as you command your team of NFT Wizards to victory. With turn-based gameplay and a wide range of tactical options, each match is a unique and exciting challenge. But that's just the beginning. Level up your wizards to unlock new abilities and evolve them into more powerful forms. In Wizarre, you'll have the opportunity to customize your NFT Wizards, building your dream team of one-of-a-kind creatures. When you're ready to take your team to the next level, head to the marketplace to trade with other players. With a dedicated marketplace for buying and selling NFTs, you can discover rare Wizards and grow your collection like never before. Summon your unique NFTs and watch as they come to life in battle. With stunning visuals and immersive gameplay, Wizarre is an NFT game for players who want to experience the magic of the blockchain like never before. So what are you waiting for? Join the Wizarre community today and discover the world of NFT Wizards for yourself!

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FOTA - Fight of the Ages - Game Review

FOTA - Fight of the Ages - Game Review

FOTA (Fight of the Ages) is poised to make a splash in the cryptocurrency gaming market as the first game to offer a truly immersive metaverse experience. This is made possible by the fact that FOTA is designed as a mixed reality (MR) game, which combines elements of both virtual and physical reality to create a fully interactive and seamless gaming environment. Players will be able to explore, battle, and interact with one another in a way that feels both real and fantastical, making FOTA a truly one-of-a-kind gaming experience. FOTA allows players to explore the 3D game world on any platform that is compatible, making it accessible to a wide range of players regardless of their preferred device or operating system. In order to appeal to as many players as possible, the developers of FOTA have created versions of the game for multiple platforms using the Unity 3D game engine. This means that the game will be available on Mac, Windows, Android, and iOS, as well as through the WebGL API in modern web browsers. No matter what device or operating system you prefer, you'll be able to play FOTA and enjoy all that it has to offer. With this level of accessibility and flexibility, players can choose to play the game in whatever way works best for them. FOTA- Fight of the Ages Gameplay: Mixed reality is a powerful tool, but it's only effective when used in a way that enhances the gameplay experience. Fortunately, Fight Of The Ages appears to have identified a gaming market that is well-suited for this new technology. The game itself is a top-quality multiplayer online battle arena title with a range of game modes to suit different player preferences. Whether you prefer fast-paced action or strategic planning, FOTA has something for you. With its innovative use of mixed reality and its focus on delivering a thrilling and engaging gameplay experience, FOTA is poised to become a leader in the cryptocurrency gaming market. Players can explore Greenland, The Earth, and The Nightmare, the game's three main areas, in a 30-level campaign mode that is quest-driven. Players must complete tasks in various worlds to receive rewards in the form of experience points and the game's native FOTA tokens. Additionally, there are plans to host unique monthly and seasonal missions with new obstacles and even better rewards.

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WaveLings - Game Review

WaveLings - Game Review

"WaveLings" is a unique game that introduces artificial intelligence (AI) companions to non-fungible token (NFT) characters in order to enhance the gameplay experience. These AI companions assist the player's NFT characters in various ways, such as providing support in battles or offering special abilities. The use of AI companions is a novel idea that is likely to add an interesting dynamic to the game's mechanics. "WaveLings" is a massively multiplayer online (MMO) game that is built on the Enjin blockchain ecosystem. The game features a fully realized virtual world for players to explore and complete tasks and quests in order to earn points, ranking, and cryptocurrency. "WaveLings" was developed by Axana Games, a studio specializing in creating engaging and immersive gaming experiences. The game's use of blockchain technology and focus on completing tasks and quests to earn rewards is likely to appeal to many players. WaveLings Gameplay: In "WaveLings," players are immersed in a futuristic, fictional world where blockchain technology has brought about a utopian society. The game allows players to buy or earn parcels of land that can be used for farming new resources and making investments. These land parcels are tradeable tokens that can be exchanged or sold on the EnjinX marketplace and other marketplaces. Players can also use their land parcels to advertise real-life products and create non-fungible tokens (NFTs) out of them. The game's dynamics involve players joining giant corporations that determine their friends and foes, adding an element of social interaction and competition to the gameplay experience. "WaveLings" has partnered with the Enjin platform and uses the ERC-1155 token on blockchain technology. Enjin's Efinity sidechain, which operates on Ethereum, provides the security and protection needed for games like "WaveLings." Efinity is not a blockchain, but rather a sidechain that is connected to the main Ethereum blockchain. This connection allows Efinity to offer many of the same benefits as the Ethereum blockchain, such as security and decentralization, while also providing additional scalability and performance advantages. Overall, the use of the ERC-1155 token and the Efinity sidechain helps to ensure that "WaveLings" is a secure and stable platform for players to enjoy.

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Apex Kings NFT Racing - Game Review

Apex Kings NFT Racing - Game Review

Apex Kings NFT Racing is much more than what meets the eye. Apex Kings NFT Racing is a car collecting game that allows players to own and trade virtual racing cars in the form of NFTs. The game is built on blockchain technology, which ensures the authenticity and uniqueness of each NFT car. Apex Kings NFT Racing Review: Kings NFT Racing features authentic cars from real brands, making it an exciting opportunity for car enthusiasts to collect their favorite cars in a digital format. The number of NFT cars available in the game is limited and equivalent to the number of real cars manufactured, giving each NFT car rarity and value. The game's goal is to build a collection of the rarest and most valuable NFT racing cars to achieve supremacy in the game. The game's immersive experience and the ability to trade virtual cars for crypto add to the excitement of playing Apex Kings NFT Racing. Players can build their collections by purchasing virtual racing cars, trading with other players, and winning races with their NFT cars. Apex Kings NFT Racing is a thrilling racing game that combines the excitement of racing cars with the unique features of NFT technology. The game has a finite number of cars and developers say they match the real-world number of productions. So, users can find absolute bargains at times, and when the demand grows they can sell or trade those rare vehicles for crypto if they want to earn. For example, in The Aston Martin One-77, only 77 were made in real life and it will be a similar case in the game. Moreover, the developers have a background in both games and cars. They have joined hands with real-life companies and try to get car features as accurate as possible. This is a must-play game for any car fan. Race, collect, and sell cars all in one place. Moreover, the graphics and game engines are very advanced for NFT games and this only shows us the future potential for NFT-based games.

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Continuum World - Game Review

Continuum World - Game Review

Continuum World is a free-to-play MMO where players can freely explore, build, collect NFTs, and earn the UM token. Continuum World is a massively multiplayer online game where players can freely explore, build buildings, gather resources, level up, compete, make friends, and earn the UM token. Continuum World is a unique MMO that lets you play for free and earn money at the same time. The game lets players explore a new world, build different kinds of buildings, and gather useful materials. With the help of a team of gaming and blockchain experts, it has cutting-edge features. There are also NFT assets that pay out interest and a player-driven economy that a lot of people like. Players can make money by gathering resources, owning land, leveling up their avatars, trading in the market, racing in exciting events, and staking the game's native $UM token. It is also changing the gaming industry and bringing in a lot of players because the game is fun and always changing. The exciting new world of Continuum is where Continuum World takes place. It has interesting things like floating islands and unique plants and animals. To make a successful UMi colony, players must go into uncharted territory and use its many resources and wonders. By growing land and promoting trade with UMis, users will also be able to talk to each other, trade, and work together on projects. You can catch creatures, set up exciting races, and compete against other players in Continuum World, all of which add to the game's immersive feel.

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Plants vs Undead - Game Review

Plants vs Undead - Game Review

Plants vs Undead: the catch here is the plants and gardens that you will build are your NFTs. The game’s in-game currency LE can be converted into PVU tokens to buy other cryptocurrencies. The game is full of the colorful, cartoonish, yet comic landscape which serves as eye candy for the gamers. The game has Player versus Environment mode where you find yourself in a vast stretch of the open forest world. The objective is to defend the Mother Tree from zombie animals with help of supernatural plants.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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