What Is B3 (BASE)? What Does It Do?

B3 (BASE) is an entertainment-focused gaming ecosystem aimed at bringing the next generation of players and game developers into the on-chain world. It envisions a future where on-chain becomes the new online, allowing everyone to play games anywhere and rewarding game developers for their creativity. Let’s take a closer look at what B3 (BASE) is and what it does.

B3 (BASE) and Open Gaming: A New Era in the On-Chain Gaming Ecosystem

While the gaming industry has become a massive sector today, it is still largely dominated by major publishers. This creates limitations on the player experience and reduces diversity within the industry. Although Web3 promises an open, player-centric gaming ecosystem, this vision has not yet fully materialized.

B3 and the Open Gaming Solution:
B3 aims to strengthen the on-chain gaming ecosystem with Open Gaming. Key elements of B3 include:

• Layer 3 Blockchain (L3): Provides fast and low-cost transactions.
• GameChains: Offers dedicated chains for developers, enabling modular and scalable solutions.
• Open Economic System: Supports a shared growth model for developers and infrastructure providers.

The Future of On-Chain Games:
Web3 games eliminate centralized authorities, giving developers and players more control. However, a major transformation in the industry requires community unity, improved incentive models, and an infrastructure that supports open innovation.

Key Elements of Open Gaming:

• Open Game Development: Allows developers to easily design and launch games.
• Open Gameplay: Reduces transaction costs with Layer-2 and Layer-3 solutions.
• Open Access: Enables games to be published across various chains.
• Open Narratives: Offers flexibility to integrate games with blockchain technology.

B3 is a platform that offers low-cost development and increased creativity. With GameChains, developers can create customized chains, and with Sprinter, cross-chain transactions are possible. Shared liquidity enables assets to be moved across chains. B3 makes Web3 games accessible and scalable, providing advantages for both developers and players.

What is the B3 Open Gaming Ecosystem? What Does It Do?

B3 is a Layer-3 gaming chain built on Ethereum’s Layer-2 network, Base. This chain aims to overcome the limitations of the Ethereum mainnet by offering cheaper and faster transactions for game developers and players. B3 has introduced an ecosystem token, B3 token, designed to support those who develop, play, and publish on-chain games.

The network was launched in August 2024 and has already attracted over 6 million players and more than 80 games. Additionally, B3 aims to create a broader gaming ecosystem by offering rewards and points to both players and developers.

For Developers:
Web3 offers opportunities to engage users collectively and interact with the community. B3 simplifies on-chain game development, enabling blockchain-based games to play a larger role in the industry.

For Players:
B3 allows players to explore the Web3 experience without complexity, offering them the opportunity to invest in games and support developers.

For the Gaming Industry:
Blockchain technology can propel the gaming industry forward and attract new audiences. The Open Gaming ecosystem enhances game design and community participation.

B3 Token and Governance Model:
The B3 Token offers incentives for developers and exclusive benefits for players. The governance model involves community-driven proposals, where token holders participate in decision-making processes.

B3 presents a major opportunity for the growth of Web3 games, potentially accelerating the transformation of the sector in terms of infrastructure, community, and user experience.

B3 (BASE) Token Economy

Overview
Token Name: B3 (Base)
Chain: Base
Total Supply: 100,000,000,000
Decimal Places: 18

Utility
The B3 token powers the Open Gaming ecosystem, aimed at growing, scaling, and transforming the gaming world by empowering players, game developers, and token holders.

For Players:

• Stake $B3 to gain access to future B3 Gamechains.
• Use $B3 to finance and publish games you believe in and earn rewards.
• Gain early access to games and new features on BSMNT.
• Participate in governance to directly impact the future of the B3 ecosystem.

For Game Developers:

• Apply for funding to develop and scale your games.
• Earn referral rewards from all players on any Gamechain.
• Receive airdrops from infrastructure partners.

Distribution and Allocation

• Community & Ecosystem: Aims to grow the ecosystem through airdrops, tournaments, game testing, community-led grants, R&D, and more.
• Foundation: The Player1 Foundation will contribute to strategic grants, partnerships, legal compliance, audits, and operational expenses.
• Team & Advisors: The core team and 18 advisors are subject to a 4-year vesting program, with an initial 25% lockup in the first year, followed by monthly unlocks.
• Investors: Over 100 angel investors from the gaming, Web3, and infrastructure sectors contribute to B3’s development. Like the team and advisors, they are subject to a 4-year vesting program.

Token Unlocking Schedule:

What Does the B3 (BASE) Ecosystem Offer?

The ecosystem provides a variety of tools and services in areas such as Web3 game development, NFT infrastructure, blockchain integration, and decentralized financial applications, offering solutions to developers, companies, and users.

Here’s what the ecosystem provides:

Game Development Tools (Onchain Gaming SDKs):

• SDKs and tools that provide blockchain integration for popular game engines and frameworks like Unity, Unreal Engine, Construct, React, and React Native. These tools help developers make their games blockchain-compatible.

Development Platforms:

• Platforms like Thirdweb and Sequence offer frontend, backend, and on-chain tools for Web3 games, enabling developers to easily add blockchain features to their games.
• Blockus provides SDKs and documentation for blockchain integration.

Blockchain Infrastructure & Nodes:

• Quicknode provides blockchain infrastructure and access to the B3 mainnet.

Bridges:

• Platforms like Basement.fun, Relay, and Optimism Canonical Bridge ensure fast and seamless fund transfers and swaps across different networks.

NFT Infrastructure:

• Reservoir and SimpleHash offer easy access to NFT data and simplify the development of NFT products.
• Tools like Thirdweb and Sequence provide frontend and backend solutions for NFT integration and management.

Data Querying & Indexing:

• Subsquid provides a peer-to-peer network for querying and gathering on-chain and off-chain data, helping developers process large datasets more easily.

Wallets & Authentication:

• Privy offers integrated wallets and authentication flows for users.
• OKX Web3 Wallet provides access to over 100 decentralized networks.

Oracles (Data Providers):

• Pyth delivers low-latency market data from enterprise sources to secure smart contracts.

Rollup Solutions:

• Caldera, OP Stack, Arbitrum Orbit, ZK Stack, and Polygon CDK offer services to develop and manage rollups.

Multisig Solutions:

• Den provides fast and secure multisig solutions for on-chain teams.

Account Abstraction:

• Pimlico provides tools for creating, deploying, and managing smart accounts on Ethereum and other EVM-compatible chains.

Blockchain Exploration Tools:

• Blockscout offers an open-source block explorer, enabling users and developers to track transactions and data on the blockchain.

Governance Tools:

• Agora offers on-chain governance tools to manage decentralized decision-making processes.

B3 (BASE) Team

B3 (BASE) was created by former Base/Coinbase employees and OG ETH contributors:

• Daryl Xu (Co-Founder & CEO)
• Sean Geng (Co-Founder)
• Viktoriya Hying (Co-Founder)

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