Zilliqa Reveals Its Own Web 3 Gaming Console With Cryptocurrency Mining Capabilities

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Zilliqa is working on a console that will offer the possibility of mining digital currencies while have fun with their favorite Web 3.0 games.

Zilliqa, a Layer 1 blockchain tech protocol, announced the launch of its new Web3-focused video game console competing against Nintendo, Microsoft, and Sony— but with a twist that makes it unique.

As reported by Zilliqa’s statement published by VentureBeat, the new console is designed for and digital currency enthusiasts, as it will its own Game hub, a Web 3.0 , and cryptocurrency mining utilities. By upcoming month Zilliqa will start testing the gaming hub.

For now, Zilliqa has refrained from disclosing the hardware specifications of the console; on the other hand, judging by the variety of ports shown in the (Headphone Jack, Ethernet, USB-C, USB 3.0, HDMI, between others), it is expected to be a competitive piece of hardware on par with its mainstream competitors.

Zilliqa Gaming Console Ports
Zilliqa Gaming Console Ports

Zilliqa Hopes to Become the Steam of Web 3 Gaming

Valentin Cobelea, head of gaming at Zilliqa, stated the company got a great response from the community when it announced its 1st game at Gamescom. The group expects to catch users’ attention not only for the gaming capabilities of their device but for its monetary incentives, which will be a nice plus for those interested in getting it.

“Zilliqa’s hardware console and gaming hub will allow non- cryptocurrency natives to while fun games without the of managing the cryptocurrency they earn.”

Cobelea further added that the console and gaming hub will be launched in early 2023 once the company expands its catalog. Zilliqa hopes to become “the Steam equivalent for Web 3.0 games.”

“With the backing of Zilliqa’s large cryptocurrency community and the easy-to-use infrastructure, we have no doubt that we can become the Steam equivalent for Web 3.0 games.”

Web 3 Video Games Make Their Way Into the Gaming Industry

As reported by a recent Zilliqa report on Web 3.0 games, blockchain tech gaming activity skyrocketed greater than 2000 percent during 2021, and regardless of the times, some games have managed to have greater than 300 thousand active users.

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Nonetheless, there is still a long way to go for these types of games to manage to compete equally with those on Web 2, since players who enter Web2 do so to have fun without caring about economic gains, while on Web 3.0, the vast majority of players enter to make money.

As reported by Zilliqa, the Web 3.0 gaming is still in its early years of maturity, so perhaps in the future, studios will be able to offer new game modalities that, beyond focusing on monetary incentives, are fun and competitive as Axie Infinity was in the midst of the  (BTC) bull run, where a few families in like the Philippines abandoned their jobs to dedicate themselves full time to this game.

The post Zilliqa Reveals Its Own Web 3 Gaming Console With Cryptocurrency Mining Capabilities appeared 1st on CryptoPotato.

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