Live tape
Top 8, mentions 7d6,352GOOGL1,234 mentions▲ +0.03AAPL1,206 mentions▲ +0.07ORCL830 mentions▲ +0.05NVDA793 mentions▲ +0.06META694 mentions▲ +0.05NKE590 mentions▲ +0.03TSLA537 mentions▲ +0.07SPY468 mentions▲ +0.06

Zilliqa Prepares To Launch Web3 Gaming Console

Zilliqa's Web3 Gaming Console

Zilliqa aims to be the next direct competitor to Nintendo, PlayStation, and Xbox as it reveals its prototype web3 gaming console for avid gamers in 2023.

  • The gaming industry generated about $110 billion in gaming consoles. Statistics indicate that the industry will generate over $130 billion by 2026. Zilliqa is entering the gaming market by releasing a new console with exciting features that will directly compete with major industry giants such as PlayStation, Nintendo, and Xbox.
  • Zilliqa console integrates web3 features such as crypto wallets and mining. This feature will reward gamers with $ZIL coins when they complete in-game quests. The prototype console comes equipped with standard i/o ports such as an HDMI port, Ethernet, USB-c, and USB 3.0 ports.
  • Traditional play-to-earn games often face sustainability issues regarding their tokenomics. To avoid this problem, Zilliqa provides a skill-to-earn game that offers an improved scalable and sustainable model. Zilliqa is scheduled to launch its prototype gaming in the first quarter of 2023.
  • Many gamers struggle to own the in-game assets they acquire when they complete missions and tasks. Also, they cannot exchange such in-game assets with other gamers in their community for cash. Zilliqa addresses the need by providing a marketplace where gamers can exchange their in-game assets for cryptocurrency.

See Related: Gala’s Web3 Game GRIT Now Easily Accessible to Epic Games Store’s 194M+ Players

The Distributed Newsletter

The week’s numbers, every figure sourced and sample sized, in your inbox each Friday.