Web3 MMORPGs: The Revolution or Unstoppable Evolution?
Summary
From HTML games, Web2 games, to the emerging Web3 games, the gaming industry has undergone several paradigm shifts. The integration of decentralization with the gaming industry has marked a transformative step. In an exclusive interview with JC Kim and Kijun Seo, co-founders of Planetarium Labs, the parent company of Nine Chronicles, a leading fantasy-based MMORPG, TheNewsCrypto explores the fundamentals of Web3 MMORPGs. They discuss the ecosystem, tokenomics, new opportunities for users, and the upcoming mobile iteration of Nine Chronicles.
Introduction
Web3 MMORPGs have gained attention in the gaming industry. To understand the dynamics of this emerging genre, TheNewsCrypto interviews JC Kim and Kijun Seo, co-founders of Planetarium Labs, who share insights into the Web3 MMORPG landscape and their game, Nine Chronicles. They discuss the motivation behind their entry into Web3 MMORPGs and the inspiration behind Nine Chronicles.
Main Points
JC Kim and Kijun Seo explain that Nine Chronicles originated as an open-source game with the goal of replicating the decentralized nature of Bitcoin in gaming. The game allows users to participate and contribute to a blockchain-based MMO game world. The team collaborated with other Web3 gaming companies to work on ambitious game projects.
Nine Chronicles is the first fully on-chain, open-source role-playing game. It operates on a native blockchain where each user’s transaction is recorded. The game ecosystem and economy are designed to be decentralized, with players required to find materials from dungeons based on protocol rules. Trading in the game is done through a decentralized marketplace.
The co-founders also discuss the game’s native game engine, Libplanet, which allows the creation of an application-specific blockchain using the Unity engine. They mention the upcoming launch of a new chain, Heimdall, to tap into the mobile user base and allow gamers to organize themselves. They emphasize the revolutionary evolution of blockchain, crypto, and NFTs in gaming, providing ownership to the gaming community and sharing network or IP revenue through tokenomics and the on-chain ecosystem.
Looking into the future of Web3 gaming, they foresee a blending of Web2 and Web3, aiming for longevity and widespread mass adoption. They also discuss the benefits of tokenomics within Nine Chronicles, including the staking of NCG tokens for in-game items and the functionality of the native NFT collection, Decentralized Cats (D:CC). Interoperability is another aspect they address, highlighting the importance of allowing certain items to transition between networks.
The co-founders mention collaborations in the pipeline related to the POS transition of Nine Chronicles. They stress the importance of finding a game’s specific edge and catering to players drawn to that edge. They believe that Web3 gaming will be the fastest-growing new paradigm in the industry and predict a major leap within four years.
Conclusion
Web3 MMORPGs represent a transformative step in the gaming industry. The interview with JC Kim and Kijun Seo provides insights into the fundamentals of Web3 MMORPGs, including decentralized ecosystems, tokenomics, and new opportunities for users. They emphasize the revolutionary evolution of blockchain, crypto, and NFTs in gaming, providing ownership and revenue sharing to the gaming community. The co-founders also discuss the future of Web3 gaming and the importance of finding a game’s specific edge. Overall, Web3 MMORPGs hold great potential for the gaming industry.