{"id":23465,"date":"2023-10-06T23:54:45","date_gmt":"2023-10-06T23:54:45","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/latest-from-web3-gaming-gaming-demo-day-with-cointelegraph-accelerator-animoca-brands-bga-metaera-cipholio-and-sandbox\/"},"modified":"2023-10-06T23:54:49","modified_gmt":"2023-10-06T23:54:49","slug":"latest-from-web3-gaming-gaming-demo-day-with-cointelegraph-accelerator-animoca-brands-bga-metaera-cipholio-and-sandbox","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/latest-from-web3-gaming-gaming-demo-day-with-cointelegraph-accelerator-animoca-brands-bga-metaera-cipholio-and-sandbox\/","title":{"rendered":"Latest from Web3 gaming: Gaming Demo Day with Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and Sandbox"},"content":{"rendered":"
Web3 gaming has become one of the hottest trends in the tech world, and not without a good reason. Using blockchain technology to give more control to gamers turned out to be a fascinating idea and catapulted Web3 gaming to the main stage of Web3 space.<\/p>\n
Web3 gaming applies key principles of blockchain technology – including decentralization, true ownership and community – to video games. Blockchain has enabled the creation of concepts such as play-to-earn (P2E), nonfungible tokens (NFTs) and more to cater to the needs of true players who don\u2019t want to escape exploitation by the Web2 monopoly.<\/p>\n<\/p>\n
The fast growth of Web3 gaming, however, makes it hard to track the most promising projects and chart the map of the blockchain-based gaming ecosystem. To provide a reliable perspective on Web3 gaming, Cointelegraph Accelerator has partnered with Cipholio, Animoca Brands, Blockchain Gaming Alliance, Metaera and Sandbox for the next Gaming Demo Day, slated for Oct. 12 at 2 pm UTC.<\/p>\n
By joining Gaming Demo Day, startups can introduce their projects and present their ideas to an engaged audience of interested parties eager to hear about new games, including investors. Developers can capitalize on the opportunity and leverage the event to gain exposure to potential investors actively seeking projects to support.<\/p>\n
What\u2019s more, investors attending Gaming Demo Day gain early access to promising projects, enabling them to identify and support projects with high potential. Investors get the chance to witness developers in action and research their potential clients. The \u201cX factor\u201d of the new projects introduced during the event can be measured through the audience’s live reaction. These opportunities combined provide direct feedback and ease the process of making investment decisions.<\/p>\n
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The Web3 startups scheduled to present their groundbreaking projects throughout the event are:<\/p>\n
Challenge is a decentralized multi-chain tournament platform where gamers can compete against each other, host tournaments and earn rewards. The platform\u2019s reward protocol ensures active participants receive a share of the tournament revenue. Challenge\u2019s software development kit (SDK) facilitates the integration of both Web2 and Web3 games, enabling on-chain tournaments.<\/p>\n