Razer, an American-Singaporean consumer electronics company known for its gaming hardware and peripherals, has issued a call for new Web3 partners and game submissions.
The zVentures blog post details Razer's efforts to drive developer engagement, citing the market's demand for quality games powered by blockchain technology. “We believe that the foundation of any successful game, whether it’s Web 2.0 or Web 3.0, is immersive and engaging gameplay,” reads the blog post, going on to note that “many blockchain games on the market today are primarily The focus on utilizing blockchain technology instead of creating an engaging and enjoyable gaming experience has resulted in a lack of interest and retention for players.”
Founded in 2016, Razer's zVentures is a venture capital fundraiser aimed at stimulating growth and innovation in the gaming industry a market some analysts now claim is worth more than $300 billion globally. In comparison, the global blockchain market is expected to exceed $100 billion by 2028, assuming a forecast CAGR of 55.8%. Big tech companies entering the space are expected to help the growth of blockchain games. These include IBM, Intel and Amazon Web Services. According to zVentures, the incubator is looking for new developers for projects with a focus on "gaming experience first," as well as established industry veterans with a proven track record in creating "successful Web 2.0 games as they transition to integrating blockchain technology." projects submitted by professionals and enter the Web 3.0 ecosystem. "
