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A "Stepn" The Right Direction
Mark Kennedy & Manuel Olumorin
November 02, 2022
Happy Wednesday! Before slugging your way through hump day, we have news to put the pep in your step. Let's roll!
A "Stepn" The Right Direction
The popular blockchain game Stepn's parent company Find Satoshi Lab has announced a multi-chain NFT marketplace that is members only. What some would consider a wild response to the ever-growing "anti-royalty" trend facing blockchain game devs.
In conjunction with DOOAR (A Solana-based Dex) and the Stepn fitness app, this new marketplace named "MOOAR" will allow Find Satoshi Lab to better create a sustainable ecosystem for Stepn. The ultimate goal according to the company is to have all 3 apps in collaboration to "actively support each other”.
The Juicy Stuff
The platform is launching with zero platform fees and no optional royalties, likely a response to the same problems facing its competitors over the new Anti-Royalty trend.
Creators intending to sell on MOOAR can set royalty fees between 0.5% and 10%, with a default rate of 2%.
Not only will MOOAR users be able to purchase Stepn sneakers, but they will also be able to create and sell their own NFTs.
“We created Web3 to change all of that, right? Now, what is the point if we again start centralizing the whole platform and start exploiting the creators? On an abstract level, it just doesn't sit right,”
Our Take
There are a lot of good points being raised on both sides of this issue. The royalty system has lost the support of the public, and we need a new system to protect the rights of creators that is fair to the consumer as well. Like literally almost anything else it touches, Web3 can fix that. I think what we are seeing with MOOAR is just the first of many new solutions to this issue that will arise over the next few months.
Want More On This? Check It Out Here.
Richard Garfield takes the Web3 stage
WAX Studios, a blockchain gaming studio created by the founders of the WAX Blockchain, has partnered with Richard Garfield (Creator of Magic: the Gathering) to create a PVP (player vs player) game, Blockchain Brawlers.
About The Game
Created by WAX Game Studios, Blockchain Brawlers is a play-to-earn game, featuring an iconic cast of NFT characters, based on historical wrestlers. The game's native token (BRWL), is used to empower each Brawler NFT to earn, and craft their way to fame and fortune. Players can use their earnings to get craft better equipment and fancier wrestling rings.
Interesting Mechanics
At the start of a turn, players will place one card face up and another card face down underneath that card. when the "showdown" occurs if the two cards placed by a player have the same power or the hidden card has a lower power, everything proceeds normally. However, if the Hidden card has a higher power, this is called "flexing" and garners you an extra power point. Blockchain Brawler mechanics like these seem to be tied into the culture of wrestling itself and keep the game interesting.
Now there is quite a bit on this story plate, so let's break it down.
The Meat
Blockchain Brawlers is the first game from WAX Studios.
Led by Chief Gaming Officer Michael Rubinelli an OG with 25 years in gaming who is recognized widely as being instrumental in the rise of free-to-play business models for games. This guy knows his stuff.
Partnered with Richard Garfield, a mathematics professor/game designer whose known for creating the widely popular MTG (Magic The Gathering) TCG. You know, the game that started the TCG boom.
New and exciting game mechanics like "Flexing" keep the game from seeming too much like every other TCG out there.
Our Take
WAX Studios is checking all the boxes on this one. Strong internal team with lots of gaming experience. Throw in a legendary TCG Icon like Richard Garfield, and have him sprinkle some game mechanic magic. Lastly, couple that with an already supercharged community (WWE/WWF fans) by using iconic historic wrestlers to inspire your "brawlers". This sounds like a KO to me.
Want more on this subject? Find it HERE.
The sneaky news you may have missed
Immutable X making big moves: Earlier this year, Immutable, a web3 gaming Company launched a massive $500 million fund to boost gaming on its platform. In Q3, Immutable onboarded about 50 games and has over 1,000 games being built in a “testing environment". Yesterday Immutable X launched GameStop’s NFT marketplace out of beta, which will provide GameStop players and customers across the U.S. access to NFTs tied to games on its layer-2 chain. Long story short Immutable is crushing it.
A web3 version of GameSwift platform: Web2 gaming company GameSwift will soon begin offering the GameSwift Platform, which will function similarly to its web2-predecessors and give users access to a sizable library of games. But the train doesn't stop there, moving on to offering a full range of tools and services for all web3 gaming enthusiasts—players and builders, according to a company press release.
Until Next time...
While you get to polishing these gems, I've got to go fix my garbage disposal, it's clogged with shitcoins again.
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