The web3 gaming industry has grown at a breathtaking pace, with play-to-earn, NFT, and metaverse gaming accounting for nearly 50 percent of all blockchain usage in 2021. The promise of true digital ownership and circular token economies is lighting the path toward the next remarkable evolution of gaming, and perhaps even toward the first true portal for the mass adoption of blockchain and web3 technologies.
Despite being impacted by the
Today, I’ll be discussing what you need to know surrounding Solana, and how they plan to continue leading the charge in the GameFi movement. We’ll also take a sneak peek at some of the best Web3, metaverse, NFT, and play-to-earn games in development on Solana today.
What is Attracting the World’s Best Web3 Game Creators to Solana?
Solana is a public and open-source blockchain with a strong reputation as the fastest and most scalable decentralized blockchain in use today. In addition to the high throughput and low fees that make it an attractive destination for NFT and web3 game creators and publishers, the Solana Foundation has shown a sincere commitment to making a positive impact in the gaming industry.
- For starters, Solana Foundation’s venture arm, Solana Ventures, has
invested 250 million dollars i250 million dollarsttracting top game creators and improving the overall quality of the GameFi ecosystem. - Solana Labs offers a robust collection of web3
tools, services, and support to empower builders and accelerate growth in the industry.
Amy Wu, a partner at Lightspeed Venture Partners, a firm that partnered with Solana Ventures and FTX to fund a $100 million investment initiative in 2021 to support Web 3 gaming said:
"High-performance blockchains like Solana are now capable of delivering the kind of Web2 experiences gamers expect while providing the advantages of decentralized Web3 systems.”
The Best Solana-Based GameFi Projects
The speed and affordability at which Solana operates, alongside the Solana Foundation’s commitment to attracting the world’s best talent, has already made a significant impact on the future of web3 gaming according to Anatoly Yakovenko, CEO of Solana Labs in 2021:
“In the last few months, we’ve seen talented game builders leave their jobs at Riot, EA, Scopely, and other established gaming firms to build Web 3 games on Solana.”
We’re now beginning to see the benefits of those efforts with several highly-promising games set to launch into the Solana ecosystem. So, without further ado, here’s a sneak peek at the top play-to-earn, metaverse, and NFT games being developed on Solana today:
Guild Saga
Star Atlas
BR1: Infinite
Project EluĂĽne: Star Garden
GYRIS
Earth From Another Sun
Recent Solana Volatility
The fallout from the
It’s too early to understand the amount of contagion resulting from FTX and Sam Bankman-Fried’s implosion. For now, all users are encouraged to exercise caution and withdraw tokens and NFTs from centralized platforms until there is more certainty.
As for Solana’s future, despite Sam Bankman-Fried being a large investor and driver, the ecosystem, technology, and determination of the community and builders look to remain resilient and strong.
“Just as we saw with Ethereum and ETH in 2018, this current shakeout will purge Solana of pure price speculators and ensure that only those that are dedicated to the ecosystem are part of the next big wave of innovation and growth,” said Marius Ciubortariu, core contributor to Kamino Finance.
A spokesperson for the Solana Foundation
"The events of this week are unfortunate and will likely impact certain projects more than others, but the overall Solana ecosystem of thousands of developers is robust and diversified, and ecosystem projects continue to reiterate support for Solana and their commitment to building on Solana."
Solana’s burgeoning GameFi ecosystem could play a huge role in paving the way toward a new chapter for the blockchain.
Keep up with the Evolution of Web3 Gaming on Solana
Whether you’re a gamer, creator, or Web3 investor, Solana could use your attention and support now more than ever before. Here are some resources to keep you informed:
- Follow
Solana and theSolana Foundation on Twitter - Solana
resources for game builders - Join a
GameFi community to learn and network - Solana ecosystem
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