Ready Games Network (with AURA token) is a project that provides the infrastructure that allows Web2 game developers to bring their products to the Web3 world. These products include games on Apple’s App Store and Android’s Play Store. This could lead to a significant increase in NFT gaming in the App Store and Play Store.
The Ready Games Network (AURA ) is building mobile-first Web3 tools and technologies to democratize access to game creation. The Ready ecosystem for developers has two primary components:
Many of these functions are enhanced by integration with a utility AURA token. Functions for each key stakeholder- devs, creators, players- are enhanced by integration with a dedicated AURA token for the ecosystem. From a high-level perspective, the use case can be summarized as follows:
With an initial focus on mobile-first technology, Ready’s tools and solutions reduce barriers to adoption with an untapped “mobile gaming” demographic for blockchain-based gaming.
By simplifying accessibility to small dev teams, AURA allowing creation tools to work on low-end mobile devices, and innovating regulatory in-app store transactions – be it in Indonesia, Philippines, USA, or Brazil- using Ready, anyone can play, create, sell and buy on the blockchain, even from their low-end devices.
The use case and design for RGN emphasized characteristics that are naturally compatible with the Web 3 philosophy of a distributed, cross-platform, interoperable ecosystem of games. Notably, RGN set out to solve core problems found by many dev teams and studios:
While blockchain-specific games are seeing success with early adopters, mainstream adopters – highly engaged players that can fuel game adoption and virality – are gravitating towards NFT-powered games and play-to-earn games. These types of games appeal to a consumer-driven 18-35 demographic, looking to invest in virtual identities and curate collections of objects they own while being rewarded for their time and effort in-game.
In Q3 2021, trading volume for NFTs showed the rise of gaming in the NFT market: in-game collectibles backed by NFTs grew to 22% of overall NFT trading volume, representing $2.3bn in sales.
What sets RGN apart is that it enables developers to power their games with NFTs and reward players with simple “play-to-earn” components. Features in RGN appeal to a more consumer-oriented, contemporary, social media-inclined demographic. By creating an infrastructure that at its core is mobile-first, developers have the ability to connect their games to a wide audience of players.
Developers are rapidly exploring Web3 technologies (across gaming and other sectors). According to Electric Capital’s 2021 developer report, they “fingerprinted nearly 500K code repositories and 160 million code commits across Web3” to generate a growth analysis of the Web3 developer ecosystem:
The note of caution regarding wider blockchain gaming, as known as “gameFi” adoption, is a macroeconomic risk and potentially a regulatory (both via government regulation and private platform regulation, such as the Apple App Store). It can be partly de-risked by addressing what Ready believes to be the key hurdle to wider gameFi adoption- the developer, creator, and player experience in entering blockchain-backed gaming.
This is reflected in a recent survey conducted by the Blockchain Gaming Alliance in 2021. They surveyed game studios, and asked “What are the pain points for blockchain gaming?”
Several of the top “pain points” reported above are resolvable with Ready’s technical ecosystem:
Ready believes that the key to the broad adoption of blockchain-based gaming, is a simplification of each step in the pipeline. This, in turn, broadens the addressable market for each constituent group. Ready has largely achieved these aims:
Each of these steps works to move blockchain gaming from a set of “innovators” and “early adopters” to the next tier- the “early majority.” This is known as crossing the chasm:
Ready is mono-focused, consistent with its founding company-DNA of democratizing game creation, on deploying the most inclusive, market-making solutions to encourage mainstream market adoption of blockchain gaming. By targeting mobile-first development, widening the player ecosystem, and encouraging more developers and creators to join blockchain, Ready is penetrating into an untapped market – crossing the chasm to wider adoption.
In the first 36 months of operation, Ready takes the lead responsibility for ensuring technical and product innovation persists on the network. As control shifts to a DAO, these decisions – the long-term roadmap, and the technology priorities for innovation – will shift to the community.
In the near term (12 months), Ready prioritizes:
You can update the price of AURA Token on Coincu.com right at: CLICK HERE
Holder | Purpose | Vesting | Ownership |
Pre-Seed Investor | Initial token presale. Targeting $2m in capital raised. | 20% vests at public sale. Balance vests monthly over two years. | 8% |
Ready Preferred Equity | Distribution for equity investors in Ready Makers, Inc. | Four years. 6-month cliff. Monthly vesting thereafter. | 11% |
Team | Incentives for the team. | Four years. 6-month cliff. Monthly vesting thereafter. | 19% |
Advisors | Institutions and individuals advising on the creation of Aura. | Four years. 6-month cliff. Monthly vesting thereafter. | 4% |
Community Treasury | Financing vehicle. Source of future presales, and public sales. Liquidity pools. | DAO/ Team decision | 33% |
Ecosystem Fund | Dev/Creator/Player rewards Staking rewards | 4-year vest, monthly | 25% |
Total | 100% |
AURA token holders will have the following benefits:
There are over 3+Billion mobile players worldwide, currently a huge untapped market in Web3, Ready is tapping this market. “Christina Macedo, COO of Ready says “ by allowing mobile gaming to enter and have a place in Web3 gamefi this finally allows a very diverse global demographic of developers, players and creators to finally enter Web3 and collaborate as a united community of game lovers.
Find more information about Ready Games Network :
Website: https://ready.gg/
Whitepaper: https://readygames.gitbook.io/aura/
Twitter: https://twitter.com/TheReadyGames
Telegram: https://t.me/readygamesofficial
Discord: https://discord.com/invite/BqHs8cMVEG
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Miami, Florida, 5th November 2024, Chainwire
Want to learn about Bitcoin and Chainlink's prices? See why BlockDAG with its X1 app…
New ATH for Bitcoin’s average hashrate, combined with Bitcoin mining difficulty surpassing 100 trillion hashes,…
Bitcoin's price rose 3% to $70,200, influenced by excitement surrounding the US presidential election.
NY, United States of America, 5th November 2024, Chainwire
This Coincu's article presents a curated list of the top DePIN crypto projects with airdrop…
This website uses cookies.