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Rainmaker Games announced that it has launched a cross-chain marketplace for non-fungible tokens (NFTs) for blockchain games.
Rainmaker CEO Will Deane said in an interview with GamesBeat that the marketplace represents a new advancement in blockchain-based gaming finance, or GameFi. With the new marketplace, gamers can browse aggregated top GameFi NFT lists from across the web3, complete with guides, strategies and reviews.
Back in December, Rainmaker Games closed a funding round, raising $6.5 million. Investors include CoinFund, Polygon Studios, and Animoca Brands, among others. At the time, the company was working on “play-to-earn” blockchain games where players can own their wares and sell them if they wish.
Trading NFTs for games became a multi-billion dollar market in 2021 as collectors were driven by hype and hope for profit when investing in NFTs. The problem is that players are forced to buy NFTs on platforms that only serve specific marketplaces and their respective blockchain architecture, such as B. Solana or Polygon.
Deane said most players and investors are confused about what to buy, which NFTs work best, which wallets to download and how to get started. Add to this a general lack of unbiased ratings and accurate rating systems for real gaming communities.
Deane’s solution is Rainmaker’s new NFT Marketplace. Rainmaker wants to empower players to play and invest smarter. This gamer-focused NFT marketplace integrates with Rainmaker’s game discovery engine, ushering in the next generation of frictionless experiences while providing educational resources.
The store was in test mode and has a thousand visitors a day. There are around 100 games set to launch on the company’s new launch pad and there are around 400,000 people in its community across various platforms such as Discord, Twitter and Telegram. The company has worked with more than 60 games so far.
Active users are growing at about 30% monthly, according to Deane. Deane said the company has started a new round of donations. The company has about 20 employees.
Rainmaker said it ties together dozens of Web3 games in one NFT marketplace. The company said it aggregates games across all available blockchains, with a focus on the funniest, most profitable, safest and best-developed Web3 games.
Rainmaker’s NFT Marketplace gives a broader view of what trading games and NFTs are actually in demand. A team of 50 die-hard gamers and GameFi experts analyze every game on the site and provide a score that brings much-needed transparency to game data.
Poorly designed or unpopular games with underperforming NFTs are monitored and flagged with a red flag, leaving only the best games for the Rainmaker community.
Players have access to comprehensive buying guides to help them make the most informed decisions, as well as a Getting Started with NFTs guide for NFT newbies. It’s a curated experience where players explore the most objective reviews out there.
Rainmaker’s buyer’s guides come in handy when it comes to cutting through the noise and making informed decisions about which games are worth your time – and which don’t go together. You can compare in-game footage and other media, transaction fees, startup costs, review the pros and cons of thousands of digital assets, and more.
The NFT marketplace provides the NFT collection’s reserve price as well as a price estimate for upcoming feature updates using proprietary algorithms. Rainmaker’s data-backed estimates ensure users have the most relevant and up-to-date information at their fingertips for any game they choose to explore.
Rainmaker’s curated offerings are part of a platform that simplifies what it means to play online games by acting as a portal to experience any game without blockchain barriers. From The Sandbox’s Ethereum blockchain to Farmpoly, which is based on the Binance Smart Chain, all are compatible with Rainmaker.
You can choose from thousands of blockchain games around the world based on categories like new games or top rated games. It also has user-generated reviews.
“We started out as a cross-market aggregator and we just make games,” said Deane. “We think this is very valuable to our community and we’re already seeing traction.”
The company is adding more blockchain protocols to get everything.
While Deane believes ownership is key to the appeal of blockchain games. It allows people to invest in assets and take them out of the game when needed.
“I think the best argument for people is that there are no downsides,” he said. “I think a lot of gamers want liquidity.”
Deane acknowledges that there have been crypto scams, but he doesn’t think players have explored the true utility of NFTS yet. He believes things will change when large triple-A gaming companies start rolling out high-end blockchain games.
Of course, the company is aware that we are entering a bear market, especially for the cryptocurrency traders and collectors.
“We’re answering this question: ‘Where do you learn about blockchain gaming?'” Deane said. “The short answer is Twitter. There really is no discovery engine to find out about new upcoming games, play free to play games, what has the coolest graphics you know, and find game reviews.”
Right now there are more than 600 games on each blockchain on the Rainmaker platform, Deane said. Deane said there are plans to add another 1,400 games.
“Others will tell you a token price and transaction volume. Players really want to know what games are fun, what’s the latest game, all these different things,” Deane said.
There are other companies trying to become Web3’s Steam store, but the market is quite fragmented now. Some competitors like Fractal focus on specific markets, like Solana.
“We’re completely cross-chain,” Deane said.
The crypto winter
As for the crypto winter, Deane said it’s a “valuable cause.”
“I’ve been an entrepreneur my whole life,” he said. “I have sold companies before. Junkness is a key trait of what makes great companies in this environment. We’re going to see a lot of great projects with utility and I think that’s what blockchain needs right now. Everyone wishes it was a bull market, but in a bear market you will see the cream rise to the top.”
He believes the marketplace is part of the flywheel. Once players can find the best games, they will play more and the market will grow. There are blockchain game haters, he acknowledged, but he believes they haven’t had ownership experiences yet.
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https://venturebeat.com/2022/07/15/rainmaker-games-launches-cross-chain-nft-marketplace-for-blockchain-games/ Rainmaker Games launches cross-chain NFT marketplace for blockchain games