In an attempt to bring Web3 games to the mobile gaming community, Ready Games has raised $3 million to develop Web3 games which can be launched on the app stores of Google and Apple.
The funding round was conducted by the sale of the $AURA token, led by Bitkraft and Hashed along with participation from Tribe, SnackClub, Spartan, Mapleblock Capital and Polygon.
“Web 3 presents a new paradigm for how games and their communities are built, distributed, and grown,” said Scott Rupp, managing founding partner at Bitkraft Ventures. “Ready’s tools and token will make it a lot easier for mainstream devs to enter web3 gaming.”
The company will launch a Web3 mobile gaming arm which will work on “incentivizing Web 2 game programmers to explore and switch to Web 3, while distributing games ‘as normal’ through traditional app stores.”
The main roadblock to blockchain mobile gaming has been launching these games on the app stores, which takes a cut anywhere between 15% to 30% on all in-game purchases. This means that the app stores would also take a percentage from the in-game NFT and digital asset purchases.
The company has a well-laid out strategy to overcome this problem by simply complying with the app store rules.
“We’ve been building mobile applications for 15 years, we totally get it. And so we work within frameworks that matter. And if you do that, you can go on chain. And that’s how you stay in compliance,” said Christina Macedo, chief operating officer of Ready Games.
The company has been creating developer tools and distributing its $AURA tokens to make the shift from Web2 to Web3 possible. The company has also designed three controls to make a shared token economy possible.
In Ready’s Alpha version mobile game developers could convert their games within just 5 days. For the main version, the company intends to have a time frame of 30 days for conversion of titles from Web2 to Web3.
Ready Games will also allow artists to create and upload styles and gadgets, which can be purchased and traded within Ready’s game. The company has been backed by SnackClub, a major game guild.
David Bennahum, CEO of Ready has said previously his aim is to create a new ecosystem that democratises access to web 3 game development. And with these updates, it seems like Ready Games might just pull it off.
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