Zilliqa Announces a Web3 Gaming Console to be Released in 2023
Zilliqa recently revealed that it would release a new game console and hub set based on Web3 technology in 2023. The console will include complex Web3 elements such as mining and cryptocurrency wallets, making it ideal for gamers and crypto enthusiasts.
Thanks to the Web3 gaming console players will be able to earn ZIL coins by completing in-game quests, with the rewards incorporating blockchain technology. Additionally, Zilliqa's developers researched the market for six months. They developed and tested features such as mining software, blockchain technology, and cryptocurrency wallets for the Web3 gaming console. The developers' goal is to seamlessly integrate these cutting-edge technologies into the traditional gaming experience.
Players can also earn rewards or sell and buy items in-game. Next month, Zilliqa intends to begin testing the centralized gaming platform. The Web3 gaming console's sleek prototype was recently unveiled, complete with USB-C, Ethernet, USB-C, USB 3.0, and HDMI ports.
In order to compete with seasoned players like Nintendo, Microsoft, and Sony, Zilliqa intends to enter the video game market. In 2021, video game console sales brought in over $107.5 billion. According to Statista, the market for video game consoles will be worth $130.8 billion by 2026.
Zilliqa's Previous Collaborations
The company collaborated with BGA in April of this year. Additionally, Zilliqa has formed relationships with esports teams, RRQ, MAD Lions, and most recently, Swiss firm XBorg and Alien Worlds. Given this, XBorg will give its user base access to Zilliqa-powered games, allowing users to provide constructive criticism on their experience.
These partnerships show how hard Zilliqa has worked over the past few months to grow its presence in the Web3 gaming industry. With this announcement, Zilliqa has sparked a lot of buzz in the market. Gamers and crypto fans alike can't wait for the Web3 gaming console to come out in 2023.