Web3 Gaming: A Collaborative Future - TOKEN2049 Singapore 2022

so thank you so much for uh coming over in such an early morning I know it's not very crypto because uh the second morning will always be the disaster because people are going to attend a lot of After parties last night so yeah I'm just wondering how many parties we went to last night not many five okay so yeah you really got a great buddy that you get absolutely okay so um I'm I'm marima so from mixed Marvel and what happened outside okay that's that that's really a great opening I think maybe my team if do that that would be more attractive isn't it okay so uh so let me do a very short uh into the introduction for our team so we are from the traditional gaming industry and these are some games we used to participate in I don't know whether you play console game you guys so like Assassin's Creed you played before and uh the Prince of Persia so so uh my core team one of the co-members from Ubisoft and she was the only female game engine engineer in the Ubisoft so yeah this is to the main masterpieces she participated on and also the Splinter of cell and after that we also have some other members from tencent from T3 so um we started our own game Studio since 2012 and the squeeze I would say is wrecked number one on 61 countries and regions at that time and after that we helped to we help other mobile games to get published globally including especially in Brazil and Korea they are the most best sellers in all these regions so yeah this war um were things we were doing before 2015 but after that we we we truly believe that through us there needs something new things to be happened in the game industry so we noticed about the blockchain technology and really we believe that that will be bring something new to the whole industry and there will be some new business models as well so yeah we start to build on ethereum since 2017 and our first game Happy dragons uh it was launched around April 2018 and surpassed crypto kitties on that year on ethereum and also we probably published on some other channels like uh ontology and and and then some other high-speed chance and also we start to develop some more games like hyper snakes we published this multi-chance in record number one on ethereum Chong ontology as well but and also we have other these crypto games to get published so at that time actually there were not many studios like diaper labs axi and sandbox so at that time the crypto game Community is really small so we have a lot of arguments and people have many complaints about the game place I don't know whether you have ever played any of the games people explain occurs so these games are so boring and people are just here to play and earn so so we we in 2019 we bring up this concept of the about game five so we are the first one to talk about game five so the the reasons why we give this definition is because we truly believe that um uh when we talk about blockchain games at that time these are not really typical games or most of the applications are not even developed by a game company so um so so we we see this or like more like experiments so people are using some gamification ways to do a financial service so we just want to switch people's Focus don't focus on the gameplays anymore because it's not for gamers it's more for uh like people pursuing the rois or more financial people so you can see this all like game five but it's been already two to three years I think people have already observed how the Gamefly has been a popular broadcast and also we see the limitations about the game five so we can definitely recognize that most of the tokenomics is not sustainable and because of the gameplay is so boring so the life cycle is kind of sharp and because they most of them are just targeting the web 3 people I don't know I I don't I'm not saying that what three people are not good not good but it's just because the pursuing are most the demands are um more more alike so people are here to earn money and they do not really enjoy or they are not here to be entertained so um so the the gameplays are kind of too simple or it it there there are not many consuming points for these people or they are they do not have this willing or desire to spend more money for internet entertainment here so we can definitely already see the boundaries of the game five so but still we think that there are still some new things can be developed or discovered here by using technology or implement the blockchain technology into the games for example to make sure the ownership of the game of the assets and to involve more creators in developing the games and also to involve more dial governance with the guilds so there are still many things can be explored here so we are bringing up A New Concept about web3 games so this time we we truly believe that the industry or all the teams or the markets are ready to enjoy the real games it's not just targeting web 2 or web3 people but it just lets you fulfill the demands of people's needs of Gamers needs but maybe with some crypto or financial features or blockchain features so here is just what we do um basically I've been talking a lot about our thinkings uh what we did before so basically mixed Marvel we do investment we we really want to help all these uh great teams who want to be successful in the new in this new field and we do uh we we with investment in some underlying technology like Rangers protocol it's a blockchain with cross-trend features and also subnet features with a high performance low gas fee and also we invested in all these two chains including did Dax in-game decks in-game nfts market and also we deeply cooperating with all these different game studios and also we made they have another stage over there they are important partners and also we invest in the many studios western side and Eastern side so today we just want to we want to just share some observations and Inspirations we have during all these years in the in the blockchain games we really believe that players are the key to the Future blockchain games and also the web 3 games to embrace the player-oriented mechanisms and attributes so what kind of advantages we can have so basically from three metrics from the technology the content and the relationship so here the relationship is mainly talking about the relationships between the players and the players players with development developers and maybe in the future we we can have more roles so let me just take some real cases for example so in terms of the technology so um the hero it's another game we invest and published last year in ranked number one on BNB chance uh since the summer or autumn autumn time uh on BNB Chen and now there will be a new version released soon so on this game um maybe we've been talking about a lot about the uh two ownership so here I think it's it's more obvious in a card game because maybe I don't know how many of you play the cards game so most of the time the developers they won't tell you how many cards they are issuing and all the different metrics but here in the hero We Tell The Gamers exactly all these numbers and they can see all these trading metrics on Chen and also in the second market so now we it's just the buying is to doing all these cars we have already already built up a community so it's it's quite different from what the traditional games are so in the traditional games people just develop and finish the game and then publish and then they have the community but here actually by issuing all these cards and also and also we involve the community in how what the logic is and all the different uh backgrounds of the cars and what their role gonna be in the future in the game so the community has already been developed and they have a strong consensus a strong interest in different cards so now the team just released the game so the publishing distribution ways is quite different from what the traditional games are so this is a Advantage for a blockchain game which is very slice but actually this can this this attribute can help those more or individuals Studio skills to be survived in the market because they can cut the faces it cut the whole process into different stages so they can issue the cars or issue the IP first and then developed again and they get success in the market so we believe that in this way of the distribution changes there will be there will be also help a lot of small or individual Studios to survive in the in the market so this is the first thing the the blockchain technology can help with the with the games and also in terms of the content I think during the nft summer we have already been observed a huge change in the IP industry so especially I think everybody must have already got known of the boat ape so it's a very uh it's a great case for a change in the IP industry because in in before uh if we want to get commissionized of Ip you need to negotiate with the IP holder and cite a lot of contracts about what which area or which region or what kind of narratives you can operate with this IP but so there are a lot of limitations of for sure it's a good thing for the IP holder to uh to align all their thinkings or designings but but also there will be a lot of limitations of Ip operation so we know that the best IP so far is the Pokemon so it starts from uh the 80s of 19th century but but now it's just to have like a 10 billion of the whole Revenue but for both a it's just just in like less than one year the highest Market size reached uh 1 billion US Dollars already the the community is really strong and fast growing and also um I don't know whether you you see the news there is a burger shop open um besides the Santa Monica beach so uh people are fully authorized about this they're the IP they are holding and they have the four incentive to do every good thing to the IP so um I think it's it's uh that though the whole chain is not that complete or matured yet but we truly believe that there will be a huge change in the IP industry and people will be fully inspired on this way with like a lot of other protocols like the CCO or or or any more coming protocols and in the in the game industry it's the same actually because uh like we we know that there are a lot of inspiration about the mods for example the pubg is a mod of the half-life and and also the the Boba is a mod of Warcraft of DOTA so um so the so the co-creation could be another good thing for the game to long-last their life cycle and also for the community to co-benefit from this original Ip so um so from all these good things we have we have a conclusion which is probably the MMO game will be the best approach for the gamer for the for the games to be integrated with the blockchain feature and also property is the best approach for a MMO game to become a madeovers because there are so many advantages like the MMO is naturally technically is naturally can be a virtual Society and also in this 3D environment uh there are a lot of people are just naturally it can social with each other and do some non-game activities here so yeah I think we are running our time maybe we can we can share video uh to to explain how we are doing this it's just a short glance of the MMO uh one of our portfolio but we won't really want to share about you guys and uh we really welcome more Partnerships like because we really want to bring more uh brand new experience to the game industry okay thank you so much thank you [Music] foreign [Music] guys we are mixed Marvel we do investment incubate and the publishing so thank you so much for hearing and looking forward for more Partnerships