Korean-based blockchain clayton launched an initiative to allow Web3 gaming companies to build on their network to offset gas bills for gamers.
Unlike traditional games, Web3 gamers must purchase cryptocurrency to pay for gas before playing the game. High network activity, such as OtherSide NFT mints, causes gas prices on Ethereum to jump to $3,000 per transaction.
clayton announced On September 28th, we announced that we would be offering gas rebates to gamers and developers building on our network.
Klaytn will provide up to $100,000 worth of KLAY tokens to cover gas bills for gamers and monthly subscription fees for developers.
Some gaming companies are eligible for 100% offset of gas bills. January 2022 from.
This rebate will allow gaming companies to focus on growing their ecosystem, with gas bills offset by the Klaytn Growth Fund.
Klaytn has been advocating lower gas prices for Web3 gamers. Previously, we introduced a gas fee delegation feature that allows cryptocurrency companies to pay their users gas fees.
According to Klaytn, the company’s gas price support program aims to remove the price barriers that keep Web3 games from becoming more popular.
David Shin, Head of Global Group Klaytn Foundation, said the initiative is part of Kylatn’s vision to build a dynamic gaming ecosystem for more players.
he added:
“Through our Grassfee Rebate Program, we want to give more players the opportunity to explore the wonders of Web3 gaming.”
Klaytn has partnered with leading traditional gaming companies Netmarble and Neowiz to develop Web3 games on the network.
Web3 games on the rise
According to a recent report by Footprint Analytics, an average of 1.03 million users are involved in Web3 games that generate about $1 billion every day.
In August 2022, the GameFi market grew by 28%, with Splinterlands and Alien World welcoming more users.
Despite worsening market conditions, investors are still betting on the future of Web3 games. Game studio Limit Break got him $200 million and Animoca Brands got his $45 million.
Traditional gaming giants such as Netmarble and Ubisoft have also hinted at plans to branch out into Web3 games.
