Home AI Web3 Development Platform Thirdweb Partners with Coinbase to Launch GamingKit

Web3 Development Platform Thirdweb Partners with Coinbase to Launch GamingKit

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Web3 Development Platform Thirdweb Partners with Coinbase to Launch GamingKit

Source: news.google.com

quick take:

  • Thirdweb’s GamingKit provides developers with tools to enhance the user experience for gamers.
  • Coinbase’s payment infrastructure will make it easier for game developers to accept credit card payments for crypto assets.
  • Thirdweb aims to cover the complete Web3 development stack by partnering with Coinbase.

Web3 development platform thirdweb is releasing a GamingKit specifically for Web3 game developers, in partnership with Coinbase.

With this partnership, Thirdweb aims to cover the complete Web3 development stack. The company believes that Web3 games will achieve widespread adoption when games are released that have the same quality as traditional games.

Thirdweb claims that GamingKit will speed up the development of Web3 games by handling the complexity of the blockchain so game studios can focus on creating a great gaming experience.

The platform’s partnership with Coinbase aims to provide developers with tools that will significantly improve the user experience for players. For example, GamingKit will include Coinbase’s payment infrastructure, making it easier for game developers to accept credit card payments for crypto assets, thus reducing friction caused by blockchain infrastructure.

“Our mission is to break down the barriers to Web3 gaming by creating a development kit that gives developers and gamers the tools to unlock its incredible potential. By partnering with Coinbase, we can create a more seamless user experience so more accessible and inclusive games can be created,” said Jake Loo, CTO of thirdweb.

Thirdweb believes that Web3 is the future of gaming because of the interoperability of blockchain games.

“Traditional online games exist on centralized servers, which means game assets are locked up on servers that don’t communicate with each other. On the other hand, web3 games exist on blockchains, which act as the same back-end framework across all games built on them,” Loo told NFTgators in an email. “As a result, game assets represented by NFTs can be designed to be interoperable in different environments on the same blockchain. Game universes can expand to be much bigger and more creatively ambitious than traditional games due to the interoperability of Web3 game assets.”

The company hopes to accelerate the growth of the space by equipping game developers with the tools to create blockchain games that will bring more users to Web3.

Founded in 2020 by Bebo co-founder Furqan Rydhan and entrepreneur Steven Bartlett, Thirdweb provides creators and developers with the tools to build Web3 applications, with products including SDKs, pre-built and audited smart contracts, decentralized logins for applications and more.

The company raised $24 million in Series A funding in August and its products are currently available on Ethereum, Avalanche, Fantom, and Solana.

In just 12 months, Thirdweb has grown to over 50,000 monthly active developers using the company’s tools and nearly 5,000 active developers conducting over 500,000 blockchain transactions per month. More than 200,000 smart contracts have been implemented on eight different blockchains.

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