Filipino Web3 Games Transform Gaming Landscape at YGG Summit Nov 23, 2023 Nov 23, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 23, 2023 by Kelly Cromley

Filipino Web3 Games Transform Gaming Landscape at YGG Summit

The second day of the YGG Web3 Games Summit in Taguig City witnessed the resurgence of a beloved Filipino classic and the debut of a groundbreaking Web3 free-to-play game. Ragnarok Landverse, a revamped version of the iconic Ragnarok Online, took center stage, offering a new gaming experience without the need for payments. Simultaneously, the fully launched Anito Legends embraced Filipino folklore, marking a significant milestone in the evolution of Web3 gaming.

 

Ragnarok Landverse: A Free-to-Play Evolution:

Ragnarok Landverse, distinct from its predecessor launched 21 years ago, eliminates the payment barrier that players previously faced. Shotiwan Wattanalarp, CEO of Maxion, emphasized the global reach of the game, highlighting its free-to-play model that enables cross-country trading among players. Wattanalarp noted the unique opportunity for gamers to monetize their experience by trading items, setting Ragnarok Landverse apart from other Web3 games.

 

Anito Legends: A Filipino Cultural Immersion:

Anito Legends, a Filipino Web3 free-to-play game, made its mark at the summit as a fully launched entity, available on PC, Mac, iOS, and Android marketplaces. Jayvee Fernandez, Chief Marketing Officer of Anito Legends, emphasized the game’s readiness for widespread participation, boasting established tokenomics. Fernandez highlighted the game’s strategic use of Filipino folklore, integrating mythical creatures such as tikbalang, saranay, and alan, providing a unique sense of identity for Filipino players.

 

Web3 Explained: Digital Collectibles and Trading:

Web3, as explained by Fernandez, draws parallels to the traditional practice of trading physical cards like basketball cards, Pokemon cards, or Magic the Gathering cards. In the digital realm, Web3 allows players to own and trade digital assets, creating a marketplace for in-game items and characters. This shift represents a departure from the conventional one-time in-app purchases, introducing a dynamic ecosystem where players can buy, sell, and trade assets.

 

Web3 Games as a Catalyst for E-Commerce:

Department of Information and Communications Technology (DICT) Undersecretary Jocelle Sigue underscored gaming as one of the pivotal sectors propelling the digital economy. Fernandez expanded on this, stating that Web3 games open new avenues for e-commerce by introducing digital collectibles. Unlike past models, where in-app purchases concluded the transaction, Web3 games enable ongoing trading, offering players the opportunity to earn through their in-game assets.

 

Ensuring Enjoyable Gameplay:

While acknowledging the potential for financial gains, Fernandez stressed the primary purpose of gaming: enjoyment. Anito Legends has implemented robust measures against hacking and bots that can disrupt gameplay, focusing on server-side security to prevent code exploitation. The emphasis remains on creating a secure and enjoyable gaming environment for players.

 

Global Reach and Community Building:

Both Ragnarok Landverse and Anito Legends exemplify the global appeal of Filipino Web3 games, with players from Ukraine and Russia already embracing the experiences offered. This global engagement underscores the potential of Filipino gaming initiatives to resonate on an international scale.

 

Conclusion:

The YGG Web3 Games Summit showcased the transformative potential of Filipino Web3 games, challenging traditional gaming norms and fostering a global community. Ragnarok Landverse and Anito Legends stand as pioneers in a new era of gaming, where cultural identity, digital collectibles, and cross-country trading converge to redefine the gaming landscape.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.