B3, a layer-3 gaming chain, is set to launch a new token called B3 on Coinbase’s Ethereum layer-2 network, Base. This initiative aims to enhance the gaming experience for both developers and players, fostering a vibrant community within the blockchain gaming sector.
Token Launch and Ecosystem Development
The B3 token will serve as an ecosystem token, encouraging participation in on-chain games. This initiative is spearheaded by former members of the Base team at Coinbase, who are focused on creating a network that offers faster and more affordable transactions compared to Ethereum’s mainnet.
With over six million players and more than 80 games currently available, B3 is establishing itself as a significant player in the blockchain gaming industry. The developers are committed to building a robust ecosystem, with plans to launch over five dedicated gamechains in the current quarter, further enhancing the gaming options on the platform.
Introduction of BSMNT Arcade
In addition to the token announcement, B3 has launched a web-based crypto arcade called BSMNT, or “Basement,” which debuted in August 2024. This platform aims to attract a diverse range of gamers by offering various mini-games that blend popular Web2 and established Web3 titles.
Players can connect their wallets to engage in the gaming experience, which features unique twists on classic games like Breakout and Crossy Road, as well as newer Web3 games such as Nifty Island and Mighty Action Heroes. The BSMNT arcade is a strategic initiative to boost user engagement within the B3 ecosystem, providing a space for both casual and dedicated gamers to explore the potential of blockchain technology in gaming.
Reward Systems: BP and XP
To prepare for the B3 token launch, the ecosystem has introduced a points-based reward system known as BP and XP. These programs are designed to reward players and builders for their contributions and participation within the gaming ecosystem.
While details on converting BP and XP into tokens are not yet disclosed, the framework indicates a commitment to creating a participatory environment where users can benefit from their engagement. As the gaming landscape evolves, B3’s emphasis on collaboration across ecosystems highlights the potential for a more interconnected gaming experience.
Partnerships and Future Prospects
B3 has garnered attention from notable game publishers, including Parallel Studios, which plans to launch its 3D first-person shooter, Project Tau Ceti, on the Base network. This partnership underscores the increasing interest in blockchain gaming and the potential for established game studios to utilize decentralized technology.
Project Tau Ceti will enable players to engage in battles across a sci-fi planet using their Parallel NFT avatars, further merging the NFT space with traditional gaming mechanics. As B3 continues to broaden its offerings, the upcoming token launch is expected to play a vital role in shaping the platform’s future.
Developers have indicated that more information regarding the B3 token will be shared soon, generating excitement among the community and potential investors. With a solid foundation already in place, B3 is well-positioned to make a significant impact in the gaming industry, particularly as it seeks to bridge the gap between traditional gaming and the emerging world of blockchain technology.
📎 Related coverage from: decrypt.co
