Web3 is set to redefine the gaming industry. By leveraging the digital ownership made possible by the blockchain, game developers can create new experiences that empower players and give them the opportunity to take control of the worlds they love so much. Tokenization the ability to ascribe fungible value to in-game currency and items allows players to build real portfolios out of their gaming activities. 

Game developers want to do this. Empowering players creates thriving micro-economies within virtual worlds, and lets the games they create live in a pantheon of experiences, rather than being isolated. Yet blockchain architecture is both novel and difficult inhibiting innovation in space. Fungies is a set of tools that make the transition from web2 to web3 easy for developers and players alike.

What is Fungies?

Fungies is web3 gaming infrastructure that lets developers focus on doing what they do best – make great games. It gives them all the tools they need to integrate digital assets and blockchain interoperability within their games, letting them quickly and easily tokenize in-game assets that are compatible with the wider metaverse. 

For players, Fungies acts as a meeting place for gaming communities through the Fungies marketplace, so players can trade in-game assets both cross-game and cross-chain. The Fungies wallet, for players, is a launchpad to hundreds of gaming experiences, letting them get involved in a few clicks.

Fungies for Developers

It’s not easy to make a web3 game. Hundreds of talented developers have made excellent games that nevertheless do not utilise the possibilities of the blockchain effectively and, if they do, execution is clunky – with players having to slog through ugly interfaces, poor wallet integrations, and multiple third party apps (not all of which are as secure as you hope) simply – in some cases – to start playing the game. There is plenty of wasted potential and wasted time for developers who either make do with clunky integrations, or spend the time learning how to successfully integrate their games with web3. 

Fungies solves the problem. It’s a fully customisable NFT marketplace for blockchain game assets. The Fungies SDK, along with its APIs, helps developers seamlessly tokenize their in-game economies and make it accessible to users, whilst ensuring they are interoperable with other metaverse economies. 

Studio leads will also be able to manage their NFTs, token, users, and marketplace from a simple, intuitive dashboard that lets them see, at a glance, the health of their game, their player count, and activity within their custom marketplace. Developers will be able to choose the chain, the branding, the transaction fee, and much more besides.

Fungies for Players

For end users, Fungies Wallet will abstract away the confusing elements of web3 for the end user. A player’s crypto wallet can be accessed through an email/password system that removes the need for them to be crypto-fluent. 

From the wallet, website, and marketplace, users can dive into any web3 game that uses Fungies infrastructure, buying in-game assets directly before hopping in to play, or trialling games that require no tokens to play to see which experience they will playtest next.

The Fungies Marketplace and the Power of the Metaverse

The Fungies marketplace will also let users understand what the latest hot web3 blockchain games are and what they should really play next. By standardising the underlying infrastructure for web3 games that developers use, players are able to easily buy/sell their assets from one game before taking it from one game to the next. 

Picture this, you’ve battled long and hard in the Dungeons of Smite, and through your efforts acquired a legendary artifact with real-world value. However, your time with the game is done, but you’re excited to play Barrier Blitz, a game everyone is talking about. With web3, and Fungies, it’s easy to sell that sword directly for tokens, items, skins, and accessories in the new game, or even for simply crypto or fiat. 

This is one the core tenets of widespread industry excitement about the metaverse, players never ‘waste’ time again. They do what they love, but also create long term value for both themselves and the games they play, value that can be converted into the new experiences being built.

Infrastructure to Change the Future of Gaming

The architecture for all this is still in its infancy, and projects like Fungies are working to build it. By creating a simple set of tools that lets developers make great games first and then save months of time integrating it with web3, it lets innovation reign. Traditional web2 gaming studios making the transition can also quickly and easily unlock the value of web3 in their games by using Fungies SDK. In the future, Fungies set of tools will include multiplayer infrastructure and LiveOps tools. 

Gaming will be web3’s breakout moment in the wider public consciousness. When everyone realises not they could, but that they should be rewarded for their presence and activity in a game (the only thing that gives any online game any value at all), it will create a seismic shift in the industry. All that’s needed is the tools to do it, and Fungies has built them.

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