With its zVentures Web3 Incubator (ZW3I), Razer will allocate resources to fund innovative Web 3.0 gaming projects and experiences.
Razer offers the zVentures Web3 Incubator (ZW3I) for game companies and developers worldwide. zVentures is Razer’s early stage venture arm and is designed to be an integral part of Razer’s strategic investment activities. Through the ZW3I, Razer aims to help build the next generation of blockchain-enabled gaming companies and their projects.
Razer takes an important step to improve WEB 3.0 gaming
To date, Web3-enabled games have had a hard time engaging and reaching core gamer communities. While blockchain capabilities have great potential to improve the player experience, it is difficult to successfully engage players; because this is a complex process that requires a deep understanding of the behavior and individual motivations of the players in a game.
Also, many blockchain games currently on the market focus primarily on blockchain technology integration rather than leveraging technology to optimize and enhance the game. This causes players to lose interest and their retention rate decreases.
That’s why zVentures will leverage the ZW3I to prioritize game quality in the process of identifying promising Web 3.0 games and partners. As it transitions to blockchain technology and enters the Web 3.0 ecosystem, it will focus on supporting established gaming companies that have a strong track record of creating successful games. Using their expertise in game development, these companies have the potential to create engaging and fun blockchain games that will engage a wider player base, thereby promoting the growth and adoption of blockchain technology in the gaming industry.
“Gaming experience is the most important part of any successful game launch,” said Lawrence Lin, Razer Director of Blockchain. With the support of blockchain technologies and companies with strong gaming knowledge, we are confident that Web 3.0 will revolutionize this experience for everyone.” He continued, “ZW3I will help us develop close collaboration with leading gaming projects to spread mainstream trials across the industry.”
Selected game companies will gain access to Razer’s marketing and affiliate support programs to empower and accelerate their journey to create fun and revolutionary games for the global gaming community.
In addition, companies will be able to take advantage of Razer’s robust hardware, software and services ecosystem. Just like the features in “Razer Cortex: Play to Earn”, where gamers can earn Razer Silver through Razer’s rewards program while playing games on their PCs, each project will receive support tailored to their needs. In addition, selected companies will have access to zVentures’ extensive partnership network. This will include game-focused ecosystem founders, technology platforms and investors such as Animoca Brands, Amazon Web Services, 1Up Ventures, Griffin Gaming Partners and Play Ventures Future Fund.