As the world of technology continues to evolve, the adoption of Web3 has been multiplying in India. Web3, the third generation of the internet, is a decentralized and open-source platform that allows creating communities and building new digital economies.
Select new-age firms in the Web3 gaming space are already making headlines for their robust, pioneering advancements in building the community in the Web3 gaming environment. Some prominent names are Trinity Gaming, IndiGG and Yudiz Solutions.
Kratos Studios, a Bangalore based Web3 gaming venture, recently raised INR 160 Cr at a valuation of INR 1200 Cr to acquire IndiGG. This blockchain-based gaming community is building distribution rails in emerging markets for global Web3 games.
Highlighting the need for skilled gamers to develop goods in the thriving virtual Web3 gaming space, Manish Agarwal, Founder of IndiGG DAO, said, “We are providing the 500M+ South Asian gamers with an opportunity to leverage their time and skill to become creators of digital goods on the blockchain for global games. This will enable South Asia to transform into a digital goods factory for the gaming world.”
One of the most significant advantages of Web3 is the ability to build communities. This is precisely what IndiGG is doing, as they bring together thousands of gamers on their platform and provide them access to over 5000 web3 games, including NFT token games. This creates a unique and engaging gaming experience while building a solid community around the platform.
Meanwhile, Yudiz Solutions Limited an Ahmedabad based blockchain, AI and game development firm that is creating stellar enterprise solutions through synergized trending technologies with a strong international footprint is making significant strides in the Web3 space. They are focused on creating games incorporating blockchain technology offering new opportunities for engagement and monetization for players.
The company has recently filed draft papers for IPO, this will make them the first company with a combined presence in the blockchain, AI and game development to publicly enlist. It will also be the next company after Nazara Technologies Ltd. in the gaming space in the country.
While underscoring the importance of early adoption of Web3 gaming, Bharat Patel, Chairman and Director, Yudiz Solutions, said, “The Web3 gaming ecosystem presents an exciting opportunity for businesses and individuals alike. By entering this space now, we can shape the industry’s future and establish ourselves as key players in the global gaming market.”
Trinity Gaming India, a Delhi based entity driving Web3 adoption in the country aims to facilitate Web3 business worth USD 10 million in the country. With access to 40 million gamers, the brand has built key partnerships with international entities to provide influencers and creators an opportunity to work with international brands and businesses in the web3 space. Additionally, they are working to educate Indian gamers on the benefits of Web3 and how it can help them build communities. They recently partnered with Emchain FZE and plan to collaborate with Everdome to build a virtual community in the Web3 space.
Shivam Rao, Founder & COO, Trinity Gaming India, commented on the new methods for content creation and brand promotion in the Web3 space, saying, “The Web3 space provides new and exciting opportunities for companies to engage with their audiences. By incorporating blockchain technology and creating immersive experiences, brands can build stronger customer connections and create long-term loyalty.”
India’s gaming market is projected to grow from USD 2.6 bn in 2022 to USD 8.6 bn by 2027, with over 900 gaming businesses in India by 2022. The decentralized and democratized approach of Web3 gaming is gaining momentum in the country, with Indian Web3 gaming companies raising USD 620.5 mn in 2022 across 32 deals. The cutting-edge technology of Web3 gaming offers thousands of gamers the freedom to play nearly 1000 games, personalize their experience and set the standards of how they want to engage with the game and rewards while building and customizing virtual worlds.
Source: https://www.businesstoday.in/
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About IndiGG
IndiGG is a blockchain based gaming community (DAO) which is building distribution rails in emerging markets for global Web3 games. IndiGG is starting with South Asia and aims to leverage disposal time and skill of 500M+ gamers to make South Asia a digital goods factory for the world. This will create massive income generation opportunities for gamers and huge inflow for government exchequer.
Website: https://indi.gg/
About Trinity Gaming India:
Founded in 2019 by entrepreneur duo Abhishek Aggarwal and Shivam Rao, Trinity Gaming India is a leading gaming content & marketing company. Headquartered in Gurugram, Haryana, the company operates in other geographies like Southeast Asia (Singapore) and MENA (Dubai). The company caters to publishers, platforms, and brands with an aim to build India’s largest talent pool in the gaming community. Trinity is a Creator Service Provider (CSP) for Facebook and is exclusive to the Facebook Gaming Partner Program for the South Asian Region, managing over 700 Facebook creators. The company also caters to Krafton in India by exclusively facilitating content, event, and marketing activities for the brand in the country.
Website: https://www.trinitygaming.in/
About Yudiz Solutions:
Incorporated in 2011. Yudiz Solutions (“Yudiz”) is a leading Blockchain, Artificial Intelligence and Game development company creating stellar enterprise solutions through synergized trending technologies. It is headquartered in Ahmedabad, India and provides services all over the world. As a global IT services provider and consultant, they are recognized for cutting-edge solutions in Web and Mobile app development, AI/ML, AR/VR, IoT, as well as Blockchain.
Yudiz is highly recognised for delivering scalable, cost-effective solutions through state-of-the-art technology and effective team collaboration to emerging IT companies beyond the Gaming space, including Healthcare, Ed-Tech, Fin-Tech, Human Resources, Social Networks, F&B, and Supply Chain. They have been conferred with titles like Emerging MSME in Gaming and Mobile Solutions by Economic Times, Best Game Development Company at Gamexx, and Best Blockchain Studio at Global Awards organized by Entrepreneur India.
The company has a determined team of 400+ young minds that are led by a plethora of industry experts. They have successfully designed, developed, and delivered 6000+ projects by implementing a strong, well-researched, and agile approach as well as methodologies. Their future goals include expanding their business both in terms of infrastructure and human resources, Utilizing innovative technologies to provide solutions in trending technologies Metaverse and Web 3.0, as well as Introducing their own products making them a significant contributor for the industry at a global level.
Website: https://www.yudiz.com/
