Top Web3 Gaming Companies to Invest in This Year

If you’re searching for the top Web3 gaming companies to invest in, you’ve come to the right place. Our tireless team has reviewed and tested numerous Web3 gaming companies to choose the best among them. Besides finding out what makes these companies stand out, you’ll also find out what makes Web 3 gaming so popular among the crypto community.

With that in mind, here’s our list of the best Web3 game developers.

Top Web3 Gaming Companies Reviews

1. Lucky Funatic by Funtico

Funtico, under whose umbrella Lucky Funatic operates, is the next frontier of Web3 gaming. It provides a new approach to the industry that is prepared to revolutionize how people structure incentivized designs and game reward systems. The Funtico ecosystem consists of Funtico Tech, Funtico Hub, Funtico Games, and Funtico Platform. $TICO is its native utility token that connects Funtico Games and Funtico Platform.

The company is a powerhouse in developing proprietary games, constantly creating new titles from many genres (skills, P2R, F2P), fully integrated into Telegram. Every month, players have many chances to compete in Grand Finals formats and win massive prizes, with a prize pool worth a minimum of 100,000 USDT.

The company creates competition-based games as well as regular rewards that depend on engagement. It aims to evolve into the best gamer-centric Web3 platform and become the ideal choice for Web2 game publishers.

2. Gala Games

Gala Games is one of the best Web3 companies that focuses on providing in-game ownership to its players. On that note, players can use its native token, $GALA, to buy, sell, and trade their in-game assets. This ERC-20 token can also be used for voting and earning rewards. Its gaming library has 19 titles, most of which can be played for free. Gala Games also enables developers to create their own blockchain games backed by NFTs.

In 2022, the company migrated to its native chain, GalaChain, which accelerated transactions and minimized transaction costs. It also partnered with C2 Ventures, with whom it formed a $100 million fund to invest in the development of P2E games.

Gala’s player-centric approach and passive income opportunities helped it attract 1.3 million active users, making it the most popular Web3 game development company in the USA.

3. The Sandbox

If you’re looking for popular Web3 games, opt for Sandbox. The Sandbox is a blockchain game that allows players to buy, sell, and create their own land using its native token, $SAND. $SAND is a multi-utility token that players can use for transactions, governance, and staking.

This community-driven platform has three notable features: 

• VoxEdi: software that enables the creation and animation of voxel-based NFTs
• NFT marketplace: a  place where players will be able to upload and sell their NFTs 
• Game maker: a fee-to-use feature that enables the creation of 3D games using visual scripting tools

This Web3 game design platform has over 400 partners, including Ubisoft, Tony Hawk, Snoop Dogg, and Adidas. Moreover, its number of active players exceeds 5.7 million, which makes the Sandbox one of the largest Web3 gaming companies.

4. Sky Mavis  

Sky Mavis created one of the most popular Web3 games – Axie Infinity. This blockchain game created a lot of hype upon its release in 2018. Its gameplay and narrative are reminiscent of Pokemon Go and Hearthstone. On that note, players will have to collect and breed creatures known as Axies. They’ll also be able to trade them.

This P2E game has two modes – adventure and PvP. In the former mode, players will have to earn stars to progress through 36 stages. In the latter mode, players will fight against each other. The native token of the game, $AXS, serves as a governance token. It can also be used for staking and as a currency within the Axie NFT marketplace.

Another notable product of this Web3 game platform includes Ronin, an EVM blockchain crafted specifically for games.

5. Treasure Land

Treasure Land is a multiplayer tower defense game that allows players to collect cards, win prizes, trade NFTs, and earn tokens. $TRL token holders can earn 30% to 40% of the platform’s revenue share. They can also use their tokens to vote and earn staking rewards.

This P2E game allows players to own their in-game assets and to participate in DIY private affiliate tournaments. All game items can be converted to crypto and traded on the marketplace. Moreover, players can build their own clans and fight against other clans by participating in public and private tournaments. Public tournaments will be held every month, while each player will be able to organize a private event.

And finally, token holders will receive a Treasure Pass. This exclusive program will enable them to evaluate new game features.

6. Illuvium

Illuvium is one of the biggest Web3 games built on ethereum. This open-world RPG game will enable players to harvest, mine, capture, and fight collectible creatures, aka Illuvials. Illuvials are represented as rare NFTs. This is also the first high-budget blockchain game with stunning graphics.

Its P2E model allows players to earn in-game rewards by completing PVE quests and participating in tournaments. Moreover, players will be able to buy and sell their Illuvials on the in-game marketplace. On the other hand, Illuvium’s native token, $ILV, can be used for voting and staking. Staking rewards come in the form of $sILV tokens that are pegged to the value of $ILV. Players will use $sILV tokens as their main in-game currency and to travel to different locations.

This game managed to raise $72 million through private sales, although it is currently only available for Windows.

7. Immutable  

The next entry on our top Web3 gaming companies list is Immutable. Immutable is a company that creates Web3 games on ethereum. They use a layer 2 scaling solution called Immutable X, which enables the minting of NFTs. This L2 solution is built for games that prioritize high-quality graphics and price over advanced Web3 game mechanics.

The immutable platform contains 300+ games. The two most popular games include Gods Unchained and Guild of Guardians. The former is a strategy card game, while the latter is an RPG mobile game. Immutable’s ecosystem also contains marketplaces where players can buy, sell, and trade their gaming NFTs.

Immutable has a native token, $IMX, which has multiple utilities. It can be used to pay for transactions, earn staking rewards, vote, and as the core gas currency for Immutable zkEVM.

8. Decentraland  

Decentraland is an open-world blockchain game that allows players to own digital real estate. Its ecosystem also includes generating content, earning money, and voting. This platform raised more than $24 million through its ICO, and today, it has the third-largest market cap. 

Although this Web3 game looks like Minecraft, Sandbox, and Roblox, it differs with its unique decentralized infrastructure. On that note, it uses ethereum smart contracts, which are divided into three different layers. These include the consensus layer, the land content layer, and the real-time layer.

Decentraland has two native tokens, $MANA and $LAND. The former is an ERC-20 token that is used for voting and buying LAND parcels and NFTs. The latter is an NFT that represents ownable digital real estate.

In addition to that, Decentraland offers innovative features, such as avatars, builder tools, a marketplace, and rental options, making it one of the best Web3 games.

9. Nakamoto Games

Nakamoto Games offers the best Web3 game development services for P2E gamers. The goal of this platform is to give players multiple options to make money via the play-to-earn system. Its developers also aim to bridge the gap between traditional and P2E gaming. In addition to P2E games, this platform offers free-to-earn and free-to-play games. The games run on polygon, a blockchain that has the largest Web3 ecosystem and is compatible with ethereum.

Nakamoto Games offers 200+ games in various categories, from shooting and action to card and sports games. This Web3 company aims to attract developers and gamers through its strategically created ecosystem that includes a marketplace and the next-generation NFT collection called NAKA Punks. Moreover, its game development service features a game launcher, community activation tools, and a built-in social feature.

10. Polygon

Polygon, ex Matic, is a blockchain whose goal is to connect and scale networks like ethereum. On that note, polygon is a layer 2 solution that runs alongside ETH. In 2021, its developers decided to launch Polygon Studios, an NFT and gaming hub whose goal is to bridge the gap between Web 2 and Web 3 gaming. This hub also aims to attract brands that are looking for a platform on which they can launch their crypto games and NFTs.

That said, top Web3 gaming companies, like Aavegotchi and Decentraland, use polygon blockchain to create their games due to its cost-effective solutions and high transaction speed. Since polygon is compatible with ethereum, players will be able to mint their NFTs on the ethereum network and trade them on the polygon network.

Polygon Studios has a $100 million fund to support projects that combine blockchain technology and gaming.

What are Web3 Gaming Platforms?

Web3 gaming is a term that describes games that run on blockchains. Namely, cryptocurrencies are the backbone of Web3. They power dApps and enable trustless P2P transactions. Web3 gaming platforms use blockchain technology to decentralize the gaming industry, i.e., to enable their players to own their in-game assets. In-game-assets come in the form of NFTs that can be bought, sold, and traded.

Web3 gaming platforms also aim to monetize the gaming experience. Players can earn rewards by playing P2E games, participating in tournaments, and leveling up.

In short, Web3 gaming platforms use blockchain technology to provide a player-focused and decentralized gaming experience. Moreover, they allow players to own their in-game assets, which is impossible with traditional Web 2 games.

Reasons for the Web3 Games Popularity

Web3 games are popular because of their innovative approach to gaming. Unlike traditional gaming, crypto gaming enables players to earn rewards for their participation thanks to the play-to-earn model. Some of the best P2E games allow players to own their in-game assets and trade them for real money. Each Web3 gaming platform has its multi-utility native token that can be used for voting, making in-game transactions, and staking.

These games have also become popular due to the growing adoption of cryptocurrencies and NFTs. On that note, many large companies have started to incorporate crypto and NFTs into their business strategies. This enabled gaming companies to experiment with blockchain technology to attract new players.

Today, there are over 2,800 P2E games, which shows that this trend is here to stay.

Are Web3 Gaming Platforms Safe?

Top Web3 gaming companies incorporate strict security measures to keep their players safe. These include encryption blockchain protocols that protect players’ private information and prevent unauthorized access to their accounts. Web3 gaming platforms also audit their smart contracts regularly, and they conduct regular security updates. 

Regarding P2E games, Web3 platforms use fair competition policies, secure payment gateways, and real-time monitoring. They also use a governance model that enables players to vote and participate in decision-making processes.

Conclusion

Top Web3 gaming companies will enable players to own their in-game assets and trade them for real money. They’ll also use a P2E model to reward players for their achievements and a governance model to enable them to vote. Each Web3 company on our list offers different types of games and features that will benefit both game developers and players.

Although the Web3 gaming sector is still in its infancy, this concept will continue to develop, which will increase the competition between Web3 gaming companies. So, if you want to start investing in this niche, now is the perfect time.

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