Pioneering consumer crypto gaming, with “Player ownership, co-creation, gaming and IP” at its core.
Web2 games are fun, but often players pour time and money into building characters or acquiring items that they don’t truly own. The game company controls these assets, and players can lose them if the game shuts down or the rules change. Web3 gaming tackles this problem by utilizing blockchain technology to create NFTs (non-fungible tokens) representing true ownership of in-game items. This empowers players and fosters a “play-to-earn” model where they can enjoy the game and potentially earn rewards for their achievements.
PlayEmber focuses on casual games. The market is huge: casual games ($11.7bn in IAP), hybrid casual games ($2.1bn IAP), and hyper casual games ($11bn IAP). Through Web3, you get rewarded for your time and effort on their games and apps – use your coins for gift cards, upgrades, and lots more.
As a result, Playember not only crafts and releases its proprietary games but also acts as a publisher for other studios and web3 IPs, including Cool Cats (the global storytelling brand centred around the beloved character, Blue Cat). Furthermore, PlayEmber is actively involved in developing web3 technology tailored for mobile gaming, with a particular emphasis on facilitating the transition for web2 gamers into web3
With “5M+” monthly active players and “130M+” downloads across its portfolio of games, PlayEmber is making waves in the gaming world.
$EMBER
Animoca Capital, Shima Capital, Big Brain Holdings, Huobi Ventures, Hyperithm, Cypher Capital and Morningstar Ventures
August 21, 2024