The Web3 Gaming Summit 2023, the official gaming sub-event of Token2049, commenced on 11 and 12 September 2023.
Co-organised by ABGA and DeGame, this summit served as a gathering for Web3 gaming enthusiasts and industry pioneers.
The event was also attended by leaders from both Web2 and Web3 domains.
Under the overarching theme, "New Era For Gameplay", the summit was designed to explore the future of Web3 gaming.
Its primary objective was to engage in discussions about the new directions, strategies, and tools that will shape the industry's evolution.
The overwhelming response saw over 4,000 participants registering, underscoring the industry's strong interest in Web3 gaming and its high expectations for the summit's thematic discourse, distinguished speakers, and valuable insights.
The official inauguration occurred at the Marina Bay Sands Hotel in Singapore, with a scheduled kick-off at on 11 September. The morning sessions featured presentations and panels exploring the Linea gaming ecosystem, expertly organized by Linea, DeGame, and Particle Network.
In the afternoon, ABGA collaborated with Klaytn, Iskra, and CESS to orchestrate the hackathon finals, providing a platform for the top 10 teams to showcase their outstanding gaming products.
Simultaneously, the afternoon sessions featured luminaries and experts from both Web2 and Web3 sectors, delivering profound insights into the realm of Web3 gaming.
Following these sessions, the summit culminated in a highly-anticipated award ceremony where the victors were revealed, marking a grand conclusion to the event.
On 12 September, ABGA's CEO, Kevin Shao, delivered a keynote address offering insights into the dynamic Web3 gaming market.
His presentation encompassed a comprehensive analysis of popular blockchains, trending games with significant industry activity, and the growing development of cross-chain games.
Kevin emphasised the pivotal role of AIGC in enhancing the prospects of Web3 game developers.
In an exclusive interview with Cointelegraph, Kevin further elaborated on the intersection of gaming and artificial intelligence (AI).
He highlighted AI's exceptional potential in improving game development efficiency and interactivity.
Discussing the current gaming industry landscape and its evolution, Kevin noted the increasing number of games generating cash flow revenue, reflecting a trend aimed at attracting new users.
Additionally, Kevin pointed out that AAA games have been progressively asserting themselves as mainstream over the past two years.
However, he also highlighted the formidable challenges associated with developing AAA games, which often require substantial investments that the current market may not fully support.
The Web3 Gaming Summit 2023 featured a diverse range of presentations and speeches by experts from various domains like The Sandbox, AI Meta Club (AMC), Dreams Quest, as well four roundtable discussions, each delving into crucial aspects of Web3 gaming.
During the conference, amidst presentations by industry luminaries, ThreeDAO conducted a momentous launch ceremony for its Creator Training Camp.
The initiative is set to usher in a cohort of over 50 creators who will embark on an exciting Web3 journey under the mentorship of a coaching team composed of esteemed Web3 industry leaders.
With the conclusion of the Web3 Gaming Summit, the industry has been enriched with a wealth of guidance and profound insights generously shared by numerous pioneers and practitioners.
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