Sega’s Latest Entry into GameFi
Despite blockchain gaming receiving harsh criticism from the majority of ordinary gamers, most GameFi products have yet to be released. While there are small staking games available, such as Wolf Game, examples of triple A gaming titles produced by major gaming studios have yet to occur.
However, this does not mean that major gaming companies have looked the other way. Sega, one of the most recognizable companies in gaming, is one of the latest companies exploring web3 and the potential for blockchain gaming. Sega has recently granted the IP rights for its game Sangokushi Taisen to Double Jump.Tokyo Inc.
Sangokushi Taisen
Originally launched in 2005, the game is based around a card playing game that takes place during China’s Three Kingdoms era with two players competing against each other.
The game was a relative success in Japan and other Asian countries, due to its presence within arcades; but never received international recognition with the lack of strong console support overseas.
Although, this is a good thing for Sega because testing a lesser-known IP with a blockchain game won’t tarnish Sega’s reputation as strongly as a failed attempt at bringing Sonic to web3 could do.
Double Jump
Leading the effort is a blockchain gaming company called DoubleJump which is based in Japan and has helped produce a number of different blockchain-based games including My Crypto Heroes and Brave Frontier.
Founded in 2018, the team at DoubleJump has already gained the experience necessary to produce a video game using blockchain technology which makes them the ideal partner for Sega to help develop their game.
The company has also received investments from notable groups including Protocol Labs, Polygon, Circle, and Bandai Namco.
Oasys Blockchain
To create a comfortable gaming experience for players, the team at DoubleJump is using the Oasys blockchain which was specifically developed for GameFi as a network that would be highly supportive of web3 video games.
According to the Oasys documentation, the network offers a variety of uses for video game development with layer 1 and layer 2 options which are established on the Ethereum network. With the layer 2 network, Oasys will be able to provide a gas-free environment for gamers to use that reduces the need for liquidity in order to play and enjoy games built on Oasys.
The team at Oasys plans for this network to become the ideal blockchain for the metaverse, where gaming can evolve into a more immersive experience in a virtual world. While this may exceed the scope of Sangokushi Taisen, it still provides valuable insight into the direction of blockchain-based gaming which is still expected to elevate the adoption rate of web3.
The state of GameFi
Companies like Ubisoft and Square Enix are looking into blockchain technology and how to integrate it into enjoyable gaming experiences. In other cases, top level employees from studios like Electronic Arts are also blazing their own path with projects such as Azra Games.
In fact, while many people within web3 expected video game adoption to happen overnight, the fact of the matter is that slow and steady is a much smarter approach to blockchain technology because studios are still studying its capabilities.
