Discover how web3 game guilds in Big Time make money and shape gaming economies. Explore their strategies and learn how they use blockchain tech to earn and invest.
Matt Morgan
Guest Author
Blockchain and web3 have transformed traditional gaming guilds into sophisticated communities that combine gaming passion with business pragmatism and investment. While they remain centered around gameplay, modern gaming guilds — particularly web3 gaming guilds — incorporate new concepts like the DAO (decentralized autonomous organization), governance tokens, and token sales. This evolution has attracted more diverse participants to the new game guilds, including investors, managers, and marketers, contributing to their influence and economic clout.
Web3 game guilds have thus far used this newfound power to invest in various web3 gaming ecosystem segments, such as popular games, NFT acquisitions, and promising new games or studios. Beyond investment and governance, guilds support individual players by facilitating in-game NFT purchases and providing platforms to monetize gaming skills and time. In many cases, players contribute a portion of earnings to the guild to form a revenue stream that fuels further investments and growth.
In web3 gaming, few titles have emerged as significantly lucrative ventures for game guilds. Big Time stands out for several compelling reasons. Firstly, the game has significantly lowered the barrier for guild participation, making it incredibly easy for these communities to engage with and benefit from its ecosystem.
Secondly, as a AAA title, Big Time is backed by developers committed to delivering an exceptional gaming experience. This commitment ensures a high-quality game that attracts a wide audience and creates a vibrant ecosystem where guilds can flourish due to increased player engagement and investment. Lastly, the game introduces multiple economic incentives for players, such as earning potential through gameplay and strategic asset acquisition.
This economic model is particularly advantageous for guilds, attracting a larger player base and enhancing a guild’s ability to generate revenue. These factors combined make Big Time an ideal platform for guilds looking to capitalize on the intersection of gaming and blockchain technology, setting a new standard for how game guilds operate and prosper in the web3 space.
Web3 game guilds play a major role in the popular web3 game’s economy. The top-earning guilds — including Merit Circle ($BEAM), YGG ($YGG), DGIgamer ($DGI), and Avocado ($AVG) — generate significant income by investing in key digital assets, specifically SPACEs that can be rented out to players.
SPACEs are Big Time’s version of virtual land that guilds and players alike can own, decorate, and rent out to generate income. Guilds can enjoy the ease of obtaining and operating SPACEs like a single player in the system. However, they have the resources to purchase more SPACEs (and therefore generate more income through SPACEs) than a single player would be able to. While the barrier to entry is low, SPACEs maintain a key role in the game's economy, offering a variety of benefits and opportunities for players, including:
Web3 game guilds have evolved into dynamic communities that leverage blockchain technology to enhance gaming experiences and generate revenue. These guilds offer players unique opportunities, including access to in-game assets, investment options, and monetization platforms. Big Time, a highly lucrative AAA web3 game, presents an ideal platform for guilds to thrive due to its low barrier to entry, exceptional gaming experience, and multiple economic incentives. By investing in Big Time SPACEs, guilds can generate substantial income and contribute to the game's vibrant ecosystem.
updated:
March 16th 2024
posted:
March 16th 2024