Gaming has emerged as a prominent topic in the Web3 space. At the start of 2021, there were a mere 27,000 Web3 game users. However, by December 1st, 2021, this figure had skyrocketed to 2.58 million. According to DappRadar's "2022 dApp Industry Report," the number of daily unique active wallets (UAW) in the Web3 gaming sector is expected to increase by approximately 1.15 million in 2022. This growth would account for 49% of all daily blockchain activities across Dapps and yield a 94.17% surge in transactions. Data indicate that the blockchain gaming market could expand from $4.6 billion in 2022 to an impressive $65.7 billion in 2027.

However, like any nascent technology, Web3 has its share of challenges. Many existing Web3 games tend to focus on flashy features and financial aspects rather than the fundamental gaming experience. Consequently, these games often exhibit rough art styles, outdated audio, and incoherent game logic. As a result, the majority of Web3 games in the market are hastily developed, substandard products that only draw in speculators or temporary players before quickly losing steam.

To cater to the growing market demand, there is a need for Web3 gaming projects that emphasize the core elements of gaming. Such projects should prioritize delivering an immersive gameplay experience while seamlessly incorporating innovative Web3 components. MetaOasis, a Web3 game publishing platform, seeks to address this need by developing and nurturing truly enjoyable and engaging Web3 games. In doing so, MetaOasis aims to attract a broader range of Web2 users and ease their transition to Web3 at a minimal cost.

MetaOasis: Bridging the Gap Between Web2 and Web3 Gaming

MetaOasis, established in 2021, is a comprehensive game distribution platform connecting Web2 and Web3. Addressing the needs of both gamers and developers, MetaOasis aims to enable developers to focus on crafting captivating gaming experiences while lowering the entry barriers for players seeking Web3 gaming experiences.

In July 2022, MetaOasis secured $1.5 million in seed funding from investors such as cryptocurrency exchange giant Huobi,  LD Capital, Dao Maker, and FBG Capital, among others. In May 2022, MetaOasis raised over 670 million yen ($5 million) in financing, attracting additional investors like MZ Club, a Web3 club owned by Japanese billionaire Yusaku Maezawa.

MetaOasis has also made significant investments in the blockchain field. In August 2022, the company established the $3 million MetaOasis Lab Foundation to support game developers with financial backing, ecosystem sharing, technical resources, and marketing empowerment. To date, MetaOasis Lab has successfully incubated six game studios, including Singapore-based Fun Studio. Moreover, since the second half of 2022, MetaOasis has devoted nearly $1.5 million to research and development in the VR domain.

Developing Web3 games presents unique challenges compared to traditional gaming, such as complex business design, high technical barriers, and specialized market strategies. To address these challenges, MetaOasis offers full-spectrum support to high-quality developers, encompassing capital, technology, architecture, storytelling, token economy, marketing, operational implementation, and art direction. This support enables developers to tackle obstacles with confidence and concentrate on delivering exceptional content.

With its potential for a vast future user base and a sustainable ecosystem, MetaOasis can generate revenue through traditional gaming income streams as well as Web3 tokens, NFTs, and transaction fee sharing. Additionally, the platform's unique consensus mechanism allows for innovative value-added income sources, such as PGC revenue sharing and game data analysis.

MetaOasis Ecosystem: A Comprehensive Gaming Experience

The MetaOasis game ecosystem comprises four main components: PLAY-VERSE, Emergence, 1P DAO, and Interstellar.

PLAY-VERSE showcases all games incubated or published by MetaOasis. Currently, 22 games are featured on the PLAY-VERSE section of the official website, with nine games already released and 13 slated for future launch.

Launched game projects include the MOBA competitive game Evermoon, the card game Dracoo World, the 3D NFT game Okeenga, and the social metaverse Emergence, officially introduced by MetaOasis.

Upcoming games feature single-player space shooter Light Chaser, Japanese space opera-themed NFT game CyberStella, RPG adventure game Big Time, and more. Notably, Light Chaser is a FunWave-developed game—a studio under MetaOasis—which began its public beta in August last year with over 4,000 test players.

Emergence is MetaOasis' independently developed metaverse, created by its in-house studio, Fun Studio. Completed in September last year, Emergence allows players to craft personalized avatars and participate in various community activities within the metaverse, such as AMAs, Vtuber concerts, game exhibitions, and studio recruitment. Additionally, players can experience VR voice chat and VR online gaming in the metaverse.

1P DAO represents MetaOasis' decentralized autonomous organization, consisting of 10,000 core participants who hold 1P (Player One) NFTs. The establishment of the DAO fosters communication and interaction between players and developers while facilitating MetaOasis' transition toward decentralized governance. Members can partake in ecosystem governance and receive a share of project revenues.

PlayerOne, MetaOasis' Genesis PFP NFT, has a total supply of 10,000 tokens. Launched in October last year, it is the first NFT offering free and unconditional lifetime refunds. Selling out within three minutes, this NFT serves as a ticket to IP DAO and a passport to MetaOasis' entire universe, as well as a decentralized identity (Decentralized Identity, DID).

Interstellar is an infrastructure suite connecting various ecosystems and acting as MetaOasis' technological hub. It offers developers and users an array of tools to more conveniently and seamlessly experience Web3. These tools include the MetaOasis wallet, which allows for switching between Web2 and Web3, integrated SDKs, token issuance and fast purchase tools, cross-chain marketplace, and the 1P Council.

Bridging Web2 and Web3: MetaOasis' User-Friendly Approach

Various technical jargon, complex mnemonics and private keys, and frequent phishing scams and attacks often deter Web2 users from entering the Web3 domain. To lower the entry barrier for Web3 games, MetaOasis allows users to register using traditional Web2 methods, in addition to the standard encrypted wallet login. Moreover, MetaOasis enables users to purchase in-game assets via conventional payment methods. User assets are managed by MetaOasis public accounts, and smart contract technology allows seamless asset transfers between Web2 and Web3.

For developers, MetaOasis Labs offers a multi-engine and platform SDK, which includes a series of APIs that facilitate Web2 user login, payment, and in-game account information, achievements, and social systems. These features allow developers to bypass Web3 technical barriers and focus on game development. Furthermore, integrating DAU data into the SDK serves as a foundation for platform games and the entire ecosystem, helping players discover their favorite games and enabling developers to better understand and meet players' needs.

MetaOasis' Dual Token Model: Promoting a Healthy Token Economy

A healthy token economic model is crucial for Web3. Many 1 token = 1 vote models allow large stakeholders, or "whales," to purchase tokens for short-term governance and rewards, which can negatively impact the ecosystem and affect genuine users and builders. To mitigate this issue, MetaOasis adopts a dual token model, consisting of veMTOS and MTOS.

The veMTOS mechanism works by locking holders' $MTOS tokens and converting them into veMTOS with protocol governance capabilities. Without a fixed lock-up period, holders can decide the duration of their $MTOS lock-up. The longer the lock-up time, the more veMTOS will be converted.

Over time, the amount of veMTOS held by holders decays linearly during their lock-up period, incentivizing holders to periodically re-lock their $MTOS for veMTOS to maximize governance and rewards.

Under the veMTOS model, long-term holders' votes hold more value than those of whales. This approach significantly weakens the manipulative impact of large stakeholders. Additionally, when a protocol or whale within the ecosystem attempts to significantly influence another protocol, they must lock their $MTOS for a certain period, driving them to make choices that benefit the protocol.

With these measures in place, it is anticipated that MetaOasis will foster a sustainable and healthy token ecosystem.

The Future of Web3 Gaming: MetaOasis' Balanced Approach

Web3 gaming remains an emerging field, and the industry has experienced its share of growing pains. As game attributes have been neglected and financial aspects overemphasized, games that solely rely on speculative features like cash grabs and airdrops struggle to attract loyal players. When the "bubble" bursts, users often abandon these games without hesitation.

MetaOasis recognizes this issue and is committed to building a game ecosystem that offers high-quality Web3 games while ensuring a seamless transition experience for users. By providing multi-dimensional support for game developers, MetaOasis enables them to concentrate on creating engaging and immersive gaming experiences. In doing so, MetaOasis aims to strike a balance between the gaming and financial aspects, fostering a sustainable and thriving Web3 gaming landscape.