Inaugural Gam3 Awards to honor the best Web3 games of 2022

Inaugural Gam3 Awards to honor the best Web3 games of 2022

The first edition of the Gam3 Awards – a new Web3 gaming awards event hosted by Polkastarter Gaming – is set to take place on December 15, according to an announcement to Cointelegraph on November 14.

The award ceremony aims to recognize the best Web3 games of the year, highlight the developers behind them, and showcase blockchain as a net plus for the gaming industry. In the announcement, the Gam3 Awards said they hope to celebrate the future generation of Web3 game developers by inviting game studios to nominate and recognize their own employees, developers and professionals across specializations who represent the future of Web3 games.

The event will be broadcast simultaneously across Polkastarter Gaming’s Twitch, YouTube and Twitter channels and will feature a jury of over 30 gaming and Web3 thought leaders, ecosystem partners and media. Winners of the first Gam3 Awards will receive a share of the $300,000 worth of prizes from sponsors such as ImmutableX, Blockchain Game Alliance, Machinations, Naavik and Ultra.

The event is set to bring together industry leaders, ecosystems and media to reward the best game developers and content creators within the Web3 gaming ecosystem. Speaking to Cointelegraph, a representative confirmed that venture capital firm Bitkraft would also join as a partner and jury member.

Judges will weigh each game based on several criteria, including core loop, graphics, accessibility, replayability factor, fun elements, and overall gameplay experience. Winners will be awarded based on categories such as “action game”, “mobile game”, “adventure game”, “casual game”, “RPG”, “shooter game”, “graphics”, “strategy game”, “card game”, etc.

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Despite the continued bear market, Web3 and blockchain-based games seem to be growing in popularity and doing quite well. According to analytics service DappRadar, blockchain gaming and metaverse projects raised $1.3 billion in the third quarter of 2022. The company’s research revealed that “gaming activity accounted for nearly half of all blockchain activity tracked by DappRadar across 50 networks, with 912,000 daily Unique Actives Wallets (UAW) interact with games’ smart contracts in September.”