The Future of Blockchain Gaming and Web3 in Asia

The Future of Blockchain Gaming and Web3 in Asia

IVS Crypto 2024 in Kyoto continued its tradition as a pivotal crypto event in Japan following the 2023 edition. The conference theme, "Cross the Boundaries," centered on blockchain technology and web3 applications in gaming, entertainment, and AI. Kyoto, renowned for its historical significance, hosted 300 side events and attracted over 12,000 participants.

IVS Crypto 2024 Highlights

At IVS Crypto 2024, discussions explored the integration of web3 into daily life, with a particular focus on blockchain gaming. This article delves into the key takeaways from the event, highlighting pivotal projects, government backing, and Oasys’ pivotal role in shaping the future of web3 gaming.

Highlights from IVS Crypto 2024

The Web3 Entertainment Zone "SHAKE!"

A prominent feature at IVS Crypto 2024, the Web3 Entertainment Zone "SHAKE!" served as a hub for both traditional and web3 gaming projects. Attendees engaged with upcoming blockchain game previews and participated in sessions covering project updates, tokenomics, marketing strategies, and web3 innovations from leading web2 gaming and entertainment companies.

Innovative Projects Addressing Industry Challenges

Several innovative Japanese projects showcased at IVS Crypto 2024 are tackling critical issues in the content industry:

• AnimeChain: Aiming to support creators in the animation sector, AnimeChain employs AI technology to address challenges such as labor shortages, rising production costs, and copyright issues.
• Resela: Developed by gaming giant KONAMI, Resela is an NFT solution enhancing blockchain game development by addressing industry-specific challenges.
• Katana: Introduced by YGG Japan, Katana focuses on games utilizing StarkNet’s zk technology, promising advancements in scalability and security.
• tv asahi’s Blockchain Games Accelerator: This initiative accelerates blockchain game development, fostering innovation and growth within the industry.

PLAYTHINK’s “NewLo”: PLAYTHINK launched NewLo, a new loyalty program tailored for the web3 era, converting traditional loyalty points into tokens to offer enhanced flexibility and engagement.

Japan Leading in Web3 Gaming

Japan emerged as a significant player in the blockchain gaming sector at IVS Crypto 2024 KYOTO. Masaaki Taira from Japan’s Liberal Democratic Party highlighted the government’s enthusiastic support for blockchain initiatives. The country’s rich culture, combined with a weakened yen, is attracting record international visitors, exceeding pre-COVID-19 levels. Blockchain and NFT technologies are crucial in valuing unique Japanese experiences accurately in the secondary market.

Role of Oasys Blockchain

Oasys blockchain showcased its advancements in web3 gaming at IVS Crypto 2024, unveiling a lineup of anticipated blockchain games for 2024:

• CoinMusme: Capturing attention with vibrant performances, CoinMusme introduced their new original song, “Gacha 3.0,” featuring 5 Musme-chan characters based on tokens, including Oasys-chan.
• Battle of Three Kingdoms: Developed by double jump.tokyo with SEGA's IP, this title announced major updates and a winter 2024 release, preceded by a fall pre-event.

Final Thoughts

In conclusion, IVS Crypto 2024 underscored Japan’s expanding influence in global blockchain gaming and web3 sectors. With robust government support, innovative projects addressing industry challenges, and a collaborative ecosystem, Japan leads the charge in digital entertainment advancements.

The event highlighted web3 gaming’s potential to transform interactive experiences worldwide, emphasizing creativity and accessibility through blockchain technology. For more information on the event, visit the official Oasys website here.