Kongregate Creates $40m Web3 Dev Fund With ImmutableX

Web gaming platform Kongregate has been gradually moving towards a more Web3 centred approach, planning to release 8-bit inspired metaverse The Bitverse as well as blockchain game Blood Vessels. Delving further into the Web3 space, Kongregate has announced a new $40 million blockchain gaming fund in collaboration with crypto solution provider ImmutableX.

Kongregate - Blood Vessels
Image credit: Kongregate

The fund looks to inspire developers to build blockchain games for Kongregate.com, consisting of an IMX token pool that will be awarded as grants to creators. While Kongregate.com has always been about web-based gaming, the site will relaunch later this year focused on the Web3 space, therefore it’s looking to invest in a library of content to support that vision.

“With the relaunch of Kongregate.com for web3, we’re once again creating a destination unlike any other for developers and gamers to come together to discover, chat about and play games,” said Max Murphy, Kongregate’s Chief Technology Officer in a statement. “As gamers ourselves who have long been dedicated to what made the original site so fun and special for millions of community members worldwide, we’re excited to reopen doors with new, sustainable technology that enables players to uniquely experience and be a part of the games they dedicate their time to.”

Kongregate is continuing its partnership with ImmutableX which began with development of upcoming title Blood Vessels. Currently being built by Kongregate’s new blockchain-focused development team, Electric Visions, Blood Vessels is set during the 19th Century at the Chicago World’s Fair, with players NFT vampire characters.

The Bitverse
The Bitverse. Image credit: Kongregate

“As an early innovator in web-based gaming, we’ve been proud of our partnership with Kongregate to help power the next generation of blockchain games,” said Robbie Ferguson, Co-Founder and President, ImmutableX. “With today’s launch of our blockchain developer fund, we’re excited to deepen our relationship with Kongregate as we work together to attract the best and brightest developers to build new titles on Kongregate’s relaunched Web3 platform.”

Kongregate will be initially sharing how to access the fund to current developers on its platform, new teams interested in being part of it will have to reach out to Kongregate directly. As further details regarding the platforms’ Web3 plans unfold, gmw3 will keep you updated.

The Bitverse is a Web3 8-Bit Metaverse Arriving in 2022

Whenever the buzzword “metaverse” is mentioned it conjures up elaborate virtual worlds full of towering 3D buildings and expansive environments. Retro 8-bit graphics, on the other hand, don’t really (if ever) feature or even a consideration. Kongregate aims to change that this year by mashing up Web3 gaming with 8-bit design in The Bitverse.

The Bitverse

Born from a web game called Bit Heroes (2016), The Bitverse is essentially a collection of Web3 videogames set within a nostalgic 8-bit universe. Initially, there will be three titles available in this retro metaverse; cross-platform MMORPG Bit Heroes, battle royale shooter Bit Heroes Arena, and a third currently unannounced project that’ll be revealed later this year.

These are Web3 titles, so they’ll each offer fungible and non-fungible tokens (NFTs) for players to collect and earn. They can be played separately if players wish to do so but to get the most out of The Bitverse, each player’s NFT hero can be used across them all as well as being customisable. The Bitverse‘s NFT avatars will be available for presale in Q2 2022. It’ll have its own token called Pixels ($BPXL)

“Imagine a world where players no longer lose their unique character or digital identity when they want to switch from one game to the next. Instead, players have a larger universe of games to explore that leverage the progress, time and experience they have accrued playing their favourite game. And to take that one step further, what if that player can tell the game developers – directly – what types of games they want to see made in the future. That’s the promise and vision of the Bitverse,” said Max Murphy, CTO at Kongregate in a statement. “That’s the future that I want to live in and the world that Kongregate is building.”

The Bitverse

“The long term goal of the Bitverse is to create a metaverse of cross-platform games united by the blockchain, with an NFT ‘bit hero’ that players can use in every game,” said Jorge G. Ezquerra, Senior Director of Product at Kongregate. “These games will use a hybrid of traditional gaming and blockchain technology to allow players to own digital assets, engage with developers directly and influence future game development.”

You can play Bit Heroes now with Bit Heroes Arena set for an official launch in Q3 2022. For continued updates on The Bitverse, keep reading gmw3.

Vampires Meet Web3 in Kongregate’s Blood Vessels This Year

Mobile game developer and publisher Kongregate is well-known thanks to its online gaming platform Kongregate.com but the company has designs for the growing Web3 sector. This week sees the reveal of Blood Vessels, a vampire-themed community storytelling experience due to arrive later in 2022.

Kongregate - Blood Vessels
Blood Vessels Hybrid Male NFT. Image credit: Kongregate

Created by Electric Visions, Kongregate’s new blockchain-focused development team, Blood Vessels will feature playable vampire characters in the form of NFTs. Embodying these bloodsuckers, players will enter a sinister and dangerous RPG world set during the 19th Century at the Chicago World’s Fair. Players will then be encouraged to work together to uncover the mysteries hidden in the city’s streets whilst deciding whether to coexist, hide or threaten humanity.

To create this blockchain-powered title Electric Visions has partnered with ImmutableX, an Ethereum Layer 2 (L2) solution offering a decentralized ecosystem with gas-free minting and trading for developers to deploy.

“I love that Blood Vessels embodies Kongregate’s community-driven roots,” said Michelle Shaw, Chief Blockchain Operations Officer at Kongregate in a statement. “Not only was the game a passion project created by our team during COVID to stay connected, but it also blurs the line between the game and the community, giving players control over their own experience in a way that has never been done before. I’m proud to say that Blood Vessels is unlike anything Kongregate has ever developed and I can’t wait to see players’ reactions and how the story develops.”

Kongregate - Blood Vessels
Blood Vessels Apex Female NFT. Image credit: Kongregate

Each NFT vampire will have its own gameplay attributes and look, such as rare vampiric mutations like Necromantic Transfusion or Cell Duplication to aid players. NFT ownership will also grant players “exclusive access to VIP Discord channels” where they’ll be able to talk with the development team, see the roadmap and vote on future content releases.

“This is an incredibly exciting time to be a developer, working with forward-thinking green partners like ImmutableX that ensure our NFTs are scalable, secure, fully transparent, and most importantly, gas-free & carbon neutral,” adds Max Murphy, Chief Technology Officer at Kongregate. “As a long time gamer, I appreciate both the permanence that web3 games give players but also the amount of transparency it gives the community. With Blood Vessels, we really want players & the larger community to have a voice in what the game becomes.”

Blood Vessels will begin early sign-ups this May with those NFT vampires going on sale in Q2. You can signup for the Blood Vessels Discord here and for further updates, keep reading gmw3.