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Japanese Gaming Market and Space for Web3 Games

Japanese Gaming Market and Space for Web3 Games

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Navigating the World of Crypto and Web3 Games in Japanese Gaming: Insights on My Crypto Heroes and Captain Tsubasa – RIVALS.

Japan is a leading gaming country embracing the integration of blockchain technology in video games. In today’s article, we will look at how Japanese crypto games are performing. Additionally, how much potential do the Japanese blockchain games have in store? Japan has a rich legacy when it comes to games, furthermore, it has a massive global outreach and potentially stands as the most profitable gaming market in the world. Whether it is PlayStation, Nintendo, or web3 games, the Japanese love games and pay for good fun.

Web3 Technology and Blockchain Integration in Japenese Video Games

Japan’s first Web3 game was called “My Crypto Heroes.” It is a battle-based crypto-RPG game that came out in November 2018 on the Ethereum blockchain. It quickly became Japan’s first big crypto game that was made there. It was also number one in the world in terms of trading volume and DAUs. It had sold a total of 16,000 ETH by January 1, 2023.

Apart from My Crypto Heroes, there are several top Japanese gaming market players actively involved in the crypto space. The inclination is more towards mobile gaming and Line, a leading mobile player, is leading the pack. It unveiled 5 “Gamer First” NFT games for the 2023 release. Moreover,  MIXI joined Oasys Blockchain as a validator in April of this year. Apart from migration, there are also crypto-native companies in Japan including Double Jump and CryptoGames.

Reasons Behind Web3 Gaming Potential in Japan

There will be a big effect on the Japanese web3 gaming market from three big changes. First of all, Japan has a strong base for video games and a good relationship with them at the grassroots level. It has a long history of successful video game IPs like Mario, Street Fighter, Metal Gear Solid, Pokemon, Animal Crossing, Final Fantasy, The Legend of Zelda, and many more. Japan has a long history of traditional games, which gives web3 games a strong foundation. Second, there is a lot of hope and potential for blockchain games in Japan. This is because Japanese gamers are willing to pay more for games with better graphics and gameplay. Lastly, the fact that mobile games are popular in Japan gives mobile game developers and, by extension, web3 game developers hope.

Japan’s Web3 Game My Crypto Heroes

Navigating the World of Crypto and Web3 Games in Japanese Blockchain Gaming: Insights on My Crypto Heroes and Captain Tsubasa - RIVALS
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Double jump in My Crypto Heroes (MCH).Since it came out in November 2018, tokyo, a Japanese NFT game, has been praised all over the world. MCH is run by the in-game token GUM, and it has a lot of users and a lot of transactions, which gives players real economic benefits.

Gathering and raising historical heroes for dungeon (node) battles is the main way to play MCH. These heroes and items are NFTs, which means that players can trade them with each other.

The developers of My Crypto Heroes (MCH) recently took a big step by releasing MCH Verse, which is a Layer 2 optimistic rollup on the gaming-focused Layer 1 blockchain, Oasys. This move is meant to take advantage of the Verse’s ability to grow indefinitely by making the user experience and connectivity better. MCH stands out as a leader in the Japanese crypto-gaming market because, unlike other mobile crypto-games, it puts off-chain features ahead of using as few on-chain resources as possible. The team’s quick adoption and use of ready-to-use technologies keeps making the overall gaming experience for its players better.

Captain Tsubasa-Rivals Web3 Game

Navigating the World of Crypto and Web3 Games in Japanese Blockchain Gaming: Insights on My Crypto Heroes and Captain Tsubasa - RIVALS
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Captain Tsubasa – Rivals is a crypto-based game based on the popular Japanese anime series “Captain Tsubasa,” which has sold over 70 million copies and has 70K Twitter followers. The game has fun football-themed mechanics and a unique economy based on two tokens called TSUBSAUT and TSUGT. This takes advantage of the huge number of anime fans. These tokens serve as both utility tokens and governance tokens. This gives the game more control over its in-game economy and the speed at which users move around. This separation, which was started by Axie Infinity, helps to keep USD reward values from changing too much.

In “Captain Tsubasa – Rivals,” the value of TSUBSAUT has been going down due to the fact that it can be used to make money without limits. The Balancer system, which was put in place to keep its price stable, didn’t do much. Before getting involved, players should think about how liquid the market will be in the long run. On the other hand, the governance token TSUGT stays stable, with a limited supply and use in-game. Token distribution and slow release help keep an ecosystem healthy. The winner is decided by comparing the numbers on the character cards in a smart way over three rounds.

Navigating the World of Crypto and Web3 Games in Japanese Blockchain Gaming: Insights on My Crypto Heroes and Captain Tsubasa - RIVALS
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Japanese Gaming Market and Space for Web3 Games

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Related P2E Games: Play To Earn Crypto, NFT, Web3

Highrise – Game Review

Highrise, play-to-earn game, a digital world that began as a simple social game in 2014, has grown to over a million monthly players and is now one of the internet’s largest digital metaverse. Players can live, play, earn money, and grow in a rich online environment with Highrise. And, because most people want a digital world where they can make money by spending time online. the game launched two key projects last year to provide maximum value to its citizens: cash out, and blockchain. Highrise NFT and HCC: The company’s first non-fungible token collection of game avatars in the form of Creatures is the Highrise Creature Club (HCC). Each creature has its own collection of items that it can use within the virtual world. Moreover, the game is more than a virtual reality experience. It’s a fully immersive digital universe that you can carry around in your pocket. With immersive multiplayer capabilities and metaverse features, you can take gaming and social activities to a whole new level. Players interact with NFT walls, flooring, furniture, and other in-game things that can be resold and traded with other Highrise residents, choosing from over 40,000 NFT avatars or creating their own. Furthermore, you can go around, communicate with other people, build houses, decorate your room, and even engage in online activities and make new relationships with virtual people.

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SkateX – Game Review

“SkateX,” a new massively multiplayer online (MMO) game by Block Tackle, promises players an immersive and intense gaming experience. “SkateX” is introducing non-fungible token (NFT) skateboards, which will be available for purchase until later this year. These NFT skateboards can be used both in and out of the game, marking the first time NFTs have been used for virtual skating.They have a Pro Skater on their team: Professional skater Stevie Williams joined the team at “SkateX” as an advisor. Williams will provide insights on streetwear and skateboard design for the game. He brings a wealth of experience to the role, having founded the online skatewear clothing retailer DGK and being a lifelong fan of skate culture. Williams will use his expertise to advise the “SkateX” team on these topics. In addition to his advisory role, Williams will also create a special line of NFT skateboards for the “SkateX” community. His background as a professional skater will be invaluable in infusing authentic skateboard culture into the game. How will players earn? Currently, “SkateX” players can earn in-game currency by trading, buying, and selling their NFT skateboards. It is also possible that players will be able to lend their skateboards in the future. Players can improve their NFT skateboards by earning points through gameplay and completing challenges.

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Phantom Galaxies: NFT Space Simulation – Game Review

Phantom Galaxies is a thrilling blockchain NFT space simulation game that offers players multiple opportunities to earn rewards. Explore the vast reaches of the galaxy and discover all that the game has to offer. Experience a thrilling new world with Phantom Galaxies, an NFT game that takes you on a journey of exploration and adventure. Test your skills as you battle enemies and uncover ancient secrets in this fast-paced and exciting game. Phantom Galaxies combines exploration, gathering resources, and fighting to make a game that is both unique and fun. The goal is to get powerful artifacts from ancient worlds so that your characters and weapons can be made better. When two players meet in-game, combat starts. To win, you need strategy and careful planning. As you move through the galaxies, you can find artifacts, fight enemies, and find out more about the game’s story. The story of Phantom Galaxies starts with an attack on Planet Neoterra by a group of aliens called the Sha’Kari. The Sha’Kari are priests of the Sha’Har race who want to get even with humans for how they’ve treated their planet. Players must defend Neoterra and fight back against the Sha’Kari to protect their home. Phantom Galaxies NFT Game is a fun and unique game that lets players enter a new universe full of mystery, excitement, and adventure. With NFTs, players can collect unique digital assets that can be traded or sold on the blockchain. This makes the game more immersive and interesting. Phantom Galaxies NFT Game is a game that every NFT fan should try because of its active and involved community, regular updates and changes, and unique gameplay. So, what exactly are you waiting for? Join the community of the Phantom Galaxies NFT Game today and get ready for an epic journey through the stars!

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Cyberstella: Japanese Space Opera & Blockchain Fusion

Cyberstella, a Japanese space opera, has gained attention for its innovative fusion of futurism and blockchain technology within an expansive media universe. This project is primarily presented as a compelling Shoot ‘Em Up game, utilizing the Avalanche network. One of the standout features of Cyberstella is its evolving narrative, which is a collaborative effort between the community and the game’s core concept. The backbone of this dynamic universe is NFTs called “Crew,” with each character being unique yet interconnected, creating a rich multiverse. Cyberstella’s ambitions extend beyond the game realm, encompassing various media formats such as manga, games, webtoons, anime, and movies. NFT owners are encouraged to personalize their digital personas by naming them and crafting backstories. Furthermore, the community plays a central role in shaping Cyberstella’s lore, offering creative freedom to weave their narratives into this ever-expanding universe. The system enables community-owned Crew NFTs to become integral characters in the Cyberstella universe, participating in events and even influencing the manga storyline. In terms of the narrative, Cyberstella offers an immersive experience that blends elements of space opera, romanticism, the Western frontier spirit, and the Age of Discovery. The story unfolds in the 2020s, where explorers with futuristic yet unpretentious attire set their sights on the cosmos, driven by audacity and a thirst for new adventures. Technological progress transforms their world, challenging societal norms marked by capital disparities and uniformity. In a world characterized by an abundance of products and diversity, uniqueness becomes increasingly scarce. However, those who reject modernism and embrace the unknown stars hold the key to an uncertain fate. The narrative draws parallels to the era when the Wright Brothers questioned the possibility of human flight, with the first age of space discovery yielding success and paving the way for common space travel. Earth’s social fabric evolves alongside technological advancements, while abandoned cities become historical relics. The human journey into space, from private voyages to intergalactic travel, sets the stage for interaction with extraterrestrial beings. The Age of Cyberstella begins in 2222, marking a pivotal chapter in humanity’s cosmic odyssey. Tokenomics play a crucial role in the Cyberstella ecosystem. $STL serves as the in-game currency, obtainable through gameplay and exchange swaps. It empowers players to enhance their Crew Rarity, engage in Crew Scouting (minting), and execute Crew Limit Breaks. On the other hand, $UCC, an in-game token with an inexhaustible supply, is primarily earned through exploration and adventure. It is essential for core gameplay functions, including the restoration of expended Crew Vitality and the elevation of Crew Levels. Costs denominated in $UCC are meticulously and dynamically computed to maintain gameplay equilibrium. The community response to Cyberstella has been positive, with users expressing enthusiasm for the project. Some have compared it to the cyberpunk genre, while others see potential in the Avalanche network as a key player in the future of blockchain technology.

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Best P2E Games list 2024

Japanese Gaming Market and Space for Web3 Games

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.