Original

The First Project Report: Reshaping the on-chain gaming ecosystem and interpreting the win-win situation of B3 Base

avatar
TF
02-18
This article is machine translated
Show original
Here is the English translation of the text, with the requested translations applied:

In the ever-evolving world of Blockchain technology, the B3 token, as an innovative platform created by the dedicated members of the Base team, is leading a revolutionary storm in the game ecosystem. Built on the Ethereum Layer 2 chain Base, B3 is a Layer 3 Blockchain network designed specifically for on-chain games. Its unique horizontal scaling architecture not only provides robust support for large-scale game development, but also delivers an unprecedented gaming experience for players. As the core of the B3 ecosystem, the B3 token carries multiple functions and missions. It serves not only as the transactional medium within the ecosystem, but also as a crucial means to incentivize game developers and players to actively participate in the ecosystem's growth. As the B3 ecosystem continues to expand, the market value of the B3 token is gradually becoming more prominent. Now, the B3 token is about to be listed on The First exchange platform, a move that will undoubtedly inject new vitality into its market liquidity and influence.

I. What is B3?

B3 is a Layer 3 game network built on Base (an Ethereum Layer 2 chain incubated by Coinbase), designed specifically for Web3 games. It provides a dedicated Blockchain space, aiming to support the development of high-performance games through low gas fees and high-speed transactions. B3's goals are to expand a diverse game ecosystem, build a highly scalable Blockchain, and provide comprehensive developer support tools. Furthermore, B3 integrates chain abstraction and account abstraction technologies to simplify the gaming experience. The core platform of the B3 ecosystem, BSMNT.fun, allows players to access new games, mint NFTs, and enjoy a seamless gaming experience.

B3's goals are to expand a diverse game ecosystem, build a highly scalable Blockchain, and provide comprehensive developer support tools. In addition, B3 has integrated chain abstraction and account abstraction technologies to simplify the gaming experience. The network has launched its game discovery platform BSMNT.fun, where players can access new games every week, mint Non-Fungible Tokens (NFTs), and enjoy a seamless gaming experience. Since its launch, B3 has attracted the attention of many game players, with over 6 million active users. The platform currently supports more than 80 different games, each with its own dedicated "game chain." These game chains allow individual games to integrate cryptocurrencies, enabling players to earn tokens in a more structured and decentralized manner. It is worth mentioning that the highly anticipated AI agent project "Zerebro" announced on February 7th that it will be launched as a game on B3. The Zerobro game is also expected to join the lineup of B3's official platform "BSMNT.fun," further driving the development of the B3 network. B3 initially supported games built on Ethereum, Base, and other Ethereum Virtual Machine (EVM) chains, and plans to easily onboard games from other chains like Solana.

II. How does B3 work?

As a three-layer network, B3 achieves performance improvements by sharding at the application layer, providing dedicated sidechains for games, applications, and compute-intensive operations. This design enhances the overall network performance and provides developers with greater flexibility. Players can discover new games and experience a seamless gaming flow on the BSMNT.fun platform, while developers can leverage the tools and funding support provided by B3 to develop and scale their games. The B3 chain uses the OP Stack toolkit and is EVM-compatible, ensuring compatibility with the existing Ethereum ecosystem.

The operating principle of B3 is based on a multi-layered architecture working in coordination. The Security Layer (Ethereum) ensures the security and immutability of transactions and data; the Settlement Layer (Base) reduces Gas fees and increases transaction speed through efficient L2 solutions; the Scaling Layer (B3 Rollup network) achieves horizontal scaling through application-layer sharding to meet the demands of more users and applications; the Discovery Layer (Join.B3.Fun) serves as the front-end login interface and game launch platform, providing a seamless cross-chain user experience. These layers and components collectively form B3's efficient, secure, and scalable Blockchain ecosystem.

  1. Security Layer - Ethereum
    • Role: As one of the most decentralized and secure Layer 1 Blockchains, Ethereum provides a solid foundation and security for the operation of the B3 chain.
    • Function: Ethereum ensures the security and immutability of transactions and data on the B3 chain. All transactions and data occurring on the B3 chain are ultimately verified and recorded on Ethereum.
  2. Settlement Layer - Base
    • Background: Base is a low-cost and builder-friendly L2 solution incubated by Coinbase.
    • Characteristics: Since its launch in August 2023, Base has maintained profitability, growth, and user stickiness. It has the second-largest number of L2 wallets and is home to many applications (such as Uniswap, Friend.Tech, USDC, ThirdWeb, OpenSea, Zora, etc.).
    • Function: As B3's settlement layer, Base is responsible for processing a large volume of transactions and data, and reduces Gas fees and increases transaction speed through its efficient L2 solutions.
  3. Scaling Layer - B3 Rollup Network
    • Technology: B3 achieves horizontal scaling through application-layer sharding.
    • Function: Orchestrating dedicated sidechains for applications, games, and compute-intensive operations. These sidechains can further expand B3's capacity to meet the demands of more users and applications.
  4. Discovery Layer - Join.B3.Fun
    • Role: Serving as the discovery layer for on-chain games.
    • Function: As the front-end login interface and game launch platform, Join.B3.Fun allows players to discover and play B3 rollup/games. It also provides a seamless cross-chain user experience (UX), enabling players to easily switch between different Blockchains and applications.

III. The Technical Core of B3

As a three-layer network, B3 is able to further expand and provide dedicated Blockchain space for game players. This architecture allows B3 to meet the game players' demands for high-speed transactions and low fees, with each transaction costing less than one US dollar. This is particularly important for game players, as it can support more complex game mechanics and a smoother user experience.

Followin' the application-level sharding, B3 is able to provide customized environments for different types of games and applications, while maintaining the high efficiency of the entire network. This architecture not only improves the overall performance of the system, but also provides developers with more room for innovation. Developers can customize sidechains based on the specific needs of their games, a flexibility that is unique in the current blockchain gaming ecosystem. B3's horizontal scaling capability allows it to support large-scale Web2-level games. The platform claims to be able to handle high transaction volumes while maintaining near-zero Gas fees, which is a huge draw for developers who want to migrate large-scale multiplayer online games to the blockchain. Furthermore, B3's architecture also allows developers to customize sidechains based on the specific needs of their games, a flexibility that is unique in the current blockchain gaming ecosystem. B3 was developed by NPC Labs, a chain-based product distribution platform founded by former Base members, who are also key contributors to B3.fun. Most of the NPC members are former Coinbase employees. On July 22, 2024, B3.fun successfully completed a $21 million seed round of financing for its gaming projects. The round was led by BitScale Capital, Hashed, Pantera Capital, and Sfermon, with participation from other investment funds such as Collab+Currency, Makers Fund, Mantle, and Mirana Ventures. The project also received support from angel investors such as Coinbase, Base, Optimism, and Bybit. The B3 token is the engine that drives the open gaming ecosystem, aiming to empower players, game developers, and holders to develop, expand, and transform games. The total supply of B3 tokens is 100 billion, with the following distribution: 34.2% for the community and ecosystem, 22.5% for the foundation, 23.3% for the team and advisors, and 20% for investors. The team and all investors have a 4-year vesting period, with 25% unlocked each year, and then monthly unlocks thereafter. B3 tokens can be used for staking, funding games, experiencing games and new features on BSMNT, and participating in governance. As a key component of the Base ecosystem, B3 is rapidly growing to become a leader in the on-chain gaming domain. Its unique horizontal scaling architecture and comprehensive incentive mechanism create a win-win ecosystem for players and developers. With the official launch of the B3 mainnet and the issuance of tokens, as well as the continuously growing game ecosystem and player base, B3 is expected to play an increasingly important role in the future.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
1
Comments