The web3 market has had a very audible two years: the roaring bull market of 2021 and the riot of unfortunate news extending into 2022. Despite the market turmoil, developers have kept working and advances in infrastructure and web3 applications have been sped up. Financial institutions, consumer brands, gaming companies, and social platforms are just some of the organizations that are rapidly adopting web3 technology.

With the advancement of technology, web3 has revolutionized the gaming industry. According to Grandview Research, the market is projected to grow from $220.79 billion in 2022 to $583.69 billion by 2030 at a CAGR of 12.9%, demonstrating a major paradigm shift in the industry.

To harness the untapped potential of web3 gaming mixmob has announced its “Got SUD$” campaign, releasing its in-game currency in the latest Alpha release of its game MixMob: Racer 1.

The future of Web3 games

The release states that SUD$ can be used to enter Arenas, where players can compete in Rookie, Hero, or Degen modes to earn more SUD$. Users can still win SUD$ using the game’s new streaming and betting features if they don’t want to compete. Additionally, SUD$ can be used to purchase digital collectibles; season passes, and other items.

MixMob’s internal data scientists analyzed the economy with millions of simulations and then designed a system that will be sustainable for the project and its players. MixMob users exchange real-world money for SUD$, an acronym for Subdomain Dollars. This virtual currency takes its name from the subdomain where the entire MixMob community resides. LDS$ are used in-game to participate in racing competitions, bet, purchase digital items, and more.

Since LDS$’s primary purpose in this update is to significantly improve gameplay, they are only available to purchase or earn through MixMob’s MixLab in pre-determined bundles.

Playing games, inviting friends over, or owning a MixMob Gen0 skin are all great ways to rack up SUD$. According to the statement, players who have previously participated in MixMob tournaments, wagered their skins, or campaigned to become MixMob MVP have accumulated SUD$ that can be used in-game.

Lucrative benefits for early entrants

Everyone with a Gen0 skin can access Alpha V3. The game will be accessible to the public on January 24, 2022 via a URL released on that day. Players in Alpha V3 will be able to participate in PvP and PvE races. Each community participant will be provided with a unique referral link which can be used to invite your friends and get more advantages.

At the heart of web3 gaming is the blockchain, which allows for anonymous and decentralized transactions. The adoption of blockchain technology opens up the entire gaming world to players and owners. By utilizing blockchain features such as decentralization, immutability, and transparency, the web3 ecosystem greatly enhances the gaming experiences of its players.