Will the rise of the blockchain gaming sector make ACE the next AXS?
Fusionist makes chain games not just a financial product for earning money and coins, but also more game-oriented, with enhanced playability. This is also an important exploration of the transition from Web2 games to Web3.Original source: Fusionist
After a deep cultivation during the bear market, Bitcoin's price once reached a high of $57,000, and Ethereum's price also exceeded $3,200. Meanwhile, the blockchain gaming sector began to rise, with Fusionist hinting at major developments in March on Twitter, which will further drive a new wave in the blockchain gaming track.
What is Fusionist?
Fusionist is a AAA-level Web3 blockchain turn-based strategy game, developed by a team from the traditional Web2 gaming giant Tencent. Fusionist is primarily created using rendering tools like Unity and HDRP, boasting a quality unmatched by ordinary Web3 blockchain games, providing gamers with a superior experience and receiving praise from Unity.
The main storyline of Fusionist revolves around mecha battles, set in the 2800s when human greed made Earth uninhabitable, leading to large-scale wars. People began exploring space in search of a new home. Players purchase mecha NFTs to form their own teams, managing their planets through operating and commanding mechas, completing challenges and tasks, engaging in PVP and PVE battles, collecting rare resources, and upgrading and crafting mechas, thus building their own mecha kingdom.
The game token used in Fusionist is ACE. In addition to Fusionist, the team has independently developed a MOBA game called ACE Arenas and a foundational public chain infrastructure called Endurance, which operates on Fusionist, both using ACE as their ecological token, fully empowering ACE. In Fusionist, players can also trade equipment in the marketplace to earn corresponding tokens, and completing tasks, engaging in team battles, and participating in competitions can also yield rewards.
In addition to high-quality game development, Fusionist has also attracted institutional interest, having raised $6.6 million in a seed round led by Binance Labs and FunPlus in 2023, and simultaneously launched on Binance IEO and OKX's Jumpstart, sparking market discussions and becoming a focal point in the blockchain gaming circle.
Endurance Chain
Endurance Chain is a high-performance sidechain based on the BNB Chain BAS, primarily focused on digital entertainment and compatible with the EVM virtual machine. Endurance features fast transaction speeds and low fees, providing developers with a cost-effective Web3 gaming solution. Through Endurance, users can not only enjoy gaming but also participate in social activities while earning rewards.
BAS is a solution launched by BNB Chain for sidechains and cross-chain bridges, significantly enhancing throughput and reducing transaction costs, offering a clear advantage over the Ethereum sidechain Ronin used by Axie Infinity.
Since its launch in January 2023, Endurance has achieved a transaction volume of 50 million and 1.4 million active users within just three months, with an on-chain transaction volume reaching $125 million to date. The Endurance chain mainly includes storage layers, network protocols, consensus layers, execution environments, built-in application modules, client interfaces, and infrastructure layers.
ACE is also the native asset of the Endurance chain, managed by the Endurance sidechain, achieving 10,000 transactions per second and a rapid block time of 2 seconds through POSA consensus, providing users with a better trading experience.
BOAT is a user-bound token on Endurance that can store user behavior on the chain, determining the user's BOAT level based on attributes such as loyalty, activity, contribution, social engagement, and appreciation. Upon meeting certain conditions, users can earn ACE tokens.
Alpha Prestige is a centralized reward system and a set of NFTs, with a fixed total supply of 500 Alpha Prestige NFTs. In the Fusionist game, they grant various rights, allowing their owners to receive numerous in-game benefits, including participation in beta testing, airdrops, priority event periods, and daily ACE token rewards. Users can purchase them on OpenSea.
ACE Token
The total supply of ACE is 147 million tokens, which are already listed on multiple trading platforms including Binance, OKX, HTX, Gateio, Kucoin, and MEXC. The main distribution of the token is as follows:
ACE is primarily used in Fusionist, ACE Arenas, and Endurance. The initial issuance of the token is 1.47 million, accounting for 1% of the total supply, with a certain unlocking period. As shown in the following chart, the initial unlocked amount is relatively small, resulting in limited market selling pressure.
ACE also has a token burn rule, with 20% to 40% of the network's revenue being burned every two weeks to maintain the stability of the token's value.
Roadmap
In the first quarter of 2024, Fusionist will officially launch the Endurance L2 version OP-Endurance: Sparkle and will soon upgrade Endurance to 2.0, while establishing a partnership with Redbrick, which has also built its first game 0xSpin on OP-Endurance.
In the second quarter of this year, Fusionist plans to implement the Endurance mainnet upgrade plan and integrate zero-knowledge proofs (ZK) to enhance the chain's functionality, while officially launching the Fusionist game, allowing Web3 gamers to participate and earn profits.
In the third quarter, Fusionist plans to further expand the Endurance gaming ecosystem and launch multiple products to increase the market activity and user base of Endurance, making it a popular project among blockchain game developers and gamers.
Comparison of Fusionist and Axie Infinity
Axie Infinity was a popular game that exploded in the blockchain gaming circle in 2021, gaining favor among Web3 players for a long time as a phenomenal application. Fusionist currently shares several similarities with Axie Infinity, such as both having their own dedicated public chains—Axie Infinity uses Ronin, while Fusionist uses Endurance—and both chains have their own gaming ecosystem projects that attract numerous game developers, along with their own token burn and application scenario strategies. However, there are also some differences, and in certain aspects, Fusionist has advantages.
Fusionist integrates ecological projects with the ACE token, while Axie Infinity's dual-token model has relatively less growth momentum. The ACE token serves as the main token in Fusionist, supporting the ecological development of the game and having various uses in multiple scenarios, such as equipment trading, and it will later become the application token for more games on the Endurance chain, with an increase in application scenarios bringing more favorable measures for ACE.
On the other hand, the dual-token structure of AXS and SLP on Axie Infinity somewhat disperses funding attention, which may limit the potential for price increases. Additionally, the blockchain Ronin used by Axie Infinity employs RON as its native token instead of AXS, which is less convenient for players.
In terms of gaming experience and graphics quality, Axie Infinity leans more towards a cartoonish animation style, which has been popular in previous blockchain games. However, we can compare this to the development trajectory of Web2 games, which evolved from pixel graphics to animated styles and then to high-quality 3D rendering and simulated physics, becoming a trend. Fusionist, by utilizing mainstream AAA tools like Unity and HDRP, further enhances the graphics quality and player experience, thereby improving the game's quality and playability.
Moreover, as blockchain technology develops and gains popularity, an increasing number of Web2 gamers transitioning to Web3 games will become a trend. Fusionist, with its advantages in graphics quality and experience, will find it easier to capture player preferences.
Conclusion
The blockchain market is gradually heating up after the new year, and sector rotation has brought new opportunities to blockchain gaming. After more than two years of bear market refinement and industry exploration, blockchain gaming is expected to usher in new development. Fusionist achieves player incentives through the full empowerment of its tokens while adopting popular game industry tools like Unity and HDRP to create high-quality games. The deep cultivation of Fusionist ensures that blockchain games are not merely financial products for earning money but also possess distinct gaming characteristics, further enhancing playability, which is an important exploration for the transition from Web2 games to Web3.
