The inaugural version of the Gam3 Awards — a brand new Web3 gaming awards occasion hosted by Polkastarter Gaming — is about to happen on Dec. 15, in keeping with an announcement supplied to Cointelegraph on Nov. 14.

The awards ceremony intends to acknowledge this yr’s greatest Web3 video games, spotlight the builders behind them, and showcase blockchain as a web plus to the gaming trade. Within the announcement, the Gam3 Awards stated it hopes to have fun the longer term era of Web3-gaming builders by inviting recreation studios to appoint and acknowledge their very own staff, builders and professionals throughout specializations who characterize the way forward for Web3 gaming.

The occasion is about to be concurrently broadcast throughout Polkastarter Gaming’s Twitch, YouTube and Twitter channels and can characteristic a jury comprising over 30 gaming and Web3 thought leaders, ecosystem companions and media retailers. Winners of the primary Gam3 Awards will obtain a portion of the $300,000 price of prizes from sponsors similar to ImmutableX, Blockchain Sport Alliance, Machinations, Naavik and Extremely.

The occasion is about to convey collectively trade leaders, ecosystems and media retailers to reward the highest recreation builders and content material creators throughout the Web3 gaming ecosystem. Talking with Cointelegraph, a consultant confirmed that the enterprise capital agency Bitkraft would even be becoming a member of as a companion and member of the jury.

Judges will weigh every recreation primarily based on a number of standards together with core loop, graphics, accessibility, replayability issue, enjoyable parts and total taking part in expertise. Winners shall be awarded primarily based on classes similar to “motion recreation,” “cellular recreation,” “journey recreation,” “informal recreation,” “RPG,” “shooter recreation,” “graphics,” “technique recreation,” “card recreation,” and many others.

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Regardless of the persevering with bear market, Web3 and blockchain-based video games look like rising in reputation and doing fairly properly. In accordance with the analytical service DappRadar, blockchain video games and metaverse tasks raised $1.3 billion within the third quarter of 2022. The corporate’s analysis revealed that “gaming exercise accounted for nearly half of all blockchain exercise tracked by DappRadar throughout 50 networks, with 912,000 each day Distinctive Lively Wallets (UAW) interacting with video games’ good contracts in September.”