The Wombat ecosystem, a prominent blockchain startup that specializes in gaming and decentralized finance (DeFi) solutions, actively launches its Web3 gaming accelerator called Wombat X. Wombat X gives Web3 gaming projects the tools they need to improve the quality of their games and expand their user bases.
The accelerator showcases a remarkable list of partners, including Cronos, the first EVM-compatible Layer-1 network built on Cosmos SDK, with support from Crypto.com, over 400 developers, and numerous other collaborators.
Another notable partner is Newcoin, an intuitive Web3 infrastructure that seamlessly integrates economic, social, and cultural exchanges, effectively addressing network fragmentation issues. Web3 games enrolled in Wombat X actively gain access to grants, education, and the vibrant Wombat community of gamers, renowned as the largest Web3 gaming community.
Despite harsh market conditions, Web3 gaming managed to secure $4.5 billion in venture capital funding last year. However, the industry faces significant challenges such as an overall shortage of developers and a flawed user experience (UX), which hinder its ability to attract traditional gamers. Critics also highlight the absence of sustainable models and robust content-creator strategies as factors that impede Web3 from establishing itself as a dependable gaming ecosystem.
Web3 Gaming Soars with Spielworks’ Acceleration
Through Wombat X, Spielworks actively encourages Web3 game developers to register their games and seize the opportunities presented by the Wombat ecosystem, which boasts 65,000 daily users and three million signups. Developers can also leverage the ecosystem’s non-custodial Wallet and gain valuable experience and mentorship from esteemed projects in the industry. Wombat X encompasses top-notch AA and AAA web3 titles, NFT games, and esteemed partners, including Cronos, an EVM-compatible Layer-1 solution backed by Crypto.com.
Innovative Web3 games can actively register and take advantage of Wombat’s large audience thanks to the Wombat X accelerator. By harnessing the power of Wombat’s extensive user base and partnering with Cronos, a well-established Web3 ecosystem, each game gains invaluable exposure to the gaming audience, completely free of charge. Furthermore, participating games receive coaching and expedited progress through Cronos’s grant program.
Given Newcoin’s emphasis on high-end fashion and creators within its Web3 graph infrastructure, it seamlessly aligns with Wombat X’s objective of enhancing the user experience in gaming.
The program consists of three annual classes that encompass the industry’s best practices, accepting a minimum of five games per class. Ultimately, Wombat X centers around equipping its members with the necessary tools to establish a robust foundation, with a strong emphasis on seizing growth opportunities through user acquisition and the development of superior infrastructures.
Adrian Krion, the CEO and Co-Founder of Spielworks expressed his thoughts on Wombat X by stating:
“Web3 gaming is in a beta stage currently, and there is a pressing need to establish best practices around game development to ensure the industry’s long-term sustainability. By working with a wide range of promising Web3 gaming projects and startups, Wombat X aims to facilitate a more mature ecosystem. Our unique program provides a diverse educational curriculum while exposing our participants to Spielworks’ Wombat platform, the biggest Web3 gaming platform. Needless to say, we and all our partners can’t wait to launch.”
In reinforcing the Web3 gaming industry, Wombat X assumes a vital role by offering ample exposure to thrilling new games. The accelerator welcomes all developers and, notably, is free of charge.
Participant Profiles
The Wombat X accelerator also has these participants:
- Avicenne: A decentralized Web3 studio aiding startups in building and delivering impactful MVPs.
- EOS Network Foundation: Backing the EOS Network, enabling developers to create quality dApps with strong smart contract functionality.
- Lifty: Empowering users with analytics for blockchain games, helping them evaluate projects before participation.
- Beamable: Enabling rapid integration of social, commerce, content, and LiveOps features in Web3 games through an in-game marketplace.
Requirements for Applying to Wombat X Accelerator
- Developing a playable demo release
- Integrating Wombat as the preferred login option
- Incorporating Cronos or an authorized blockchain by Wombat (such as Wax, Polygon, BNB Chain, Ethereum, EOS, and others)
- Allocating 0.3 percent of their token supply to Wombat’s audience
- Incorporating Wombat’s Tracking software development kit (SDK)
Final Thoughts
Wombat X accelerator offers a powerful platform for Web3 game developers to enhance their gaming experience, gain access to a vibrant community, and leverage the extensive user base of the Wombat ecosystem. With partnerships with industry leaders like Cronos and support from Crypto.com, Wombat X provides a unique opportunity for developers to overcome challenges, receive mentorship, and tap into the growing Web3 gaming market.