zVentures is seeking partners and game submissions for new Web3 projects. They are the venture capital arm of Razer, a leading company in the gaming hardware and peripherals market. Razer is looking for high-quality games based on blockchain technology, and hopes to increase developer participation in the Web3 space. Rather than a focus on using blockchain technology, they say that the key to a successful game is its immersive and engaging gameplay.
Razer's zVentures was established back in 2016 to bring growth and innovation to the gaming industry. The gaming market is now valued at over $300 billion globally. The blockchain market is also expected to grow significantly, with a predicted annual growth rate of 55.8% and an estimated value of over $100 billion by the year 2028. The growth of blockchain gaming is mostly expected to be driven by major tech companies like IBM, Intel, and Amazon Web Services. The zVentures incubator is looking for projects from new developers with a focus on gameplay experience, as well as submissions from established industry veterans transitioning to Web3.
To support the growth of the gaming industry, Razer invites developers to submit their pitch to the zVentures Web3 Incubator. By creating new Web3 games, Razer aims to drive the adoption of blockchain technology in the industry. Razer believes that immersive and engaging gameplay is the key to success for any game, whether it is based on Web 2.0 or Web 3.0 technology. The zVentures incubator seeks to attract submissions from new developers who share this vision, as well as established industry veterans who are transitioning to Web3. With major tech companies like IBM, Intel, and Amazon Web Services entering the space, the growth of blockchain gaming is expected to accelerate rapidly.