The First Project Report: Reshaping the On-Chain Game Ecosystem, Interpreting the Win-Win Situation of B3 Base

In today's rapidly evolving blockchain technology landscape, the B3 token, as an innovative platform crafted by members of the Base team, is leading a revolutionary storm in the gaming ecosystem. Built on the Ethereum Layer 2 chain Base, B3 is a Layer 3 blockchain network specifically designed for on-chain games. Its unique horizontal scaling architecture not only provides robust support for large-scale game development but also offers players an unprecedented gaming experience.
As the core of the B3 ecosystem, the B3 token carries multiple functions and missions. It serves not only as a medium of exchange within the ecosystem but also as an important means to incentivize game developers and players to actively participate in ecological construction. With the continuous growth of the B3 ecosystem, the market value of the B3 token is gradually becoming prominent.

1. What is B3?

B3 is a Layer 3 gaming network built on Base (an Ethereum Layer 2 chain incubated by Coinbase), designed specifically for Web3 games. It provides dedicated blockchain space aimed at supporting high-performance game development through low gas fees and fast transactions. B3's goal is to expand a diverse gaming ecosystem, build a highly scalable blockchain, and provide comprehensive developer support tools. Additionally, B3 integrates chain abstraction and account abstraction technologies to simplify the gaming experience. The core platform in the B3 ecosystem, BSMNT.fun, allows players to access new games, mint NFTs, and enjoy a seamless gaming experience.

B3 aims to expand a diverse gaming ecosystem, a highly scalable blockchain, and comprehensive developer support tools. Furthermore, B3 integrates chain abstraction and account abstraction technologies to simplify the gaming experience. The network has launched its game discovery platform BSMNT.fun, where players can access new games weekly, mint NFTs, and enjoy a seamless gaming experience.
Since its launch, B3 has attracted the attention of many gamers, with over 6 million active players. The platform currently supports over 80 different games, providing dedicated "game chains" for each game. These game chains allow individual games to integrate cryptocurrencies, enabling players to earn tokens in a more structured and decentralized manner.
Notably, the highly anticipated AI agent project "Zerebro" announced on February 7 that it will launch as a game on B3. The Zerobro game is expected to join the lineup of the official platform operated by B3, "BSMNT.fun," further promoting the development of the B3 network. B3 initially supports games built on Ethereum, Base, and other Ethereum Virtual Machine (EVM) chains, and plans to easily incorporate games from other chains like Solana.

2. How does B3 work?

As a three-layer network, B3 provides dedicated sidechains for games, applications, and computation-intensive operations by sharding at the application layer. This design enhances the overall performance of the network and offers developers greater flexibility. Players can discover new games on the BSMNT.fun platform and experience a seamless gaming flow, while developers can utilize the tools and funding support provided by B3 to develop and scale their games. The B3 chain uses the OP Stack toolkit, which is EVM-compatible, ensuring compatibility with the existing Ethereum ecosystem.

The operation of B3 is based on the collaborative work of its multi-layer architecture. The security layer (Ethereum) ensures the security and immutability of transactions and data; the settlement layer (Base) reduces gas fees and increases transaction speed through efficient L2 solutions; the expansion layer (B3 Rollup network) achieves horizontal scaling through application layer sharding technology to meet the needs of more users and applications; the discovery layer (Join.B3.Fun) serves as the front-end login interface and game launch platform, providing a seamless cross-chain user experience. These layers and components together form an efficient, secure, and scalable blockchain ecosystem for B3.

1. Security Layer - Ethereum

• Role: As one of the most decentralized and secure first-layer blockchains, Ethereum provides a solid foundation and security for the operation of the B3 chain.
• Function: Ethereum ensures the security and immutability of transactions and data on the B3 chain. All transactions and data occurring on the B3 chain are ultimately verified and recorded on Ethereum.

1. Settlement Layer - Base

• Background: Base is a low-cost and builder-friendly L2 solution incubated by Coinbase.
• Features: Since its launch in August 2023, Base has maintained profitability, growth, and user retention. It has the second-largest number of L2 wallets and hosts numerous applications (such as Uniswap, Friend.Tech, USDC, ThirdWeb, OpenSea, Zora, etc.).
• Function: As the settlement layer for B3, Base is responsible for processing a large volume of transactions and data, reducing gas fees and increasing transaction speed through its efficient L2 solutions.

1. Expansion Layer - B3 Rollup Network

• Technology: B3 achieves horizontal scaling through application layer sharding technology.
• Function: It orchestrates dedicated sidechains for applications, games, and computation-intensive operations. These sidechains can further expand B3's capacity to meet the needs of more users and applications.

1. Discovery Layer - Join.B3.Fun

• Role: Acts as the discovery layer for on-chain games.
• Function: As the front-end login interface and game launch platform, Join.B3.Fun allows players to discover and play B3 rollup/games. At the same time, it provides a seamless cross-chain user experience (UX), enabling players to easily switch between different blockchains and applications.

3. The Technical Core of B3

As a three-layer network, B3 can further scale and provide dedicated blockchain space for gamers. This architecture allows B3 to meet gamers' demands for high-speed transactions and low fees, with transaction costs even below one cent. This is particularly important for gamers as it supports more complex game mechanics and a smoother user experience.

By sharding at the application layer, B3 can provide customized environments for different types of games and applications while maintaining the efficient operation of the entire network. This architecture not only improves the overall performance of the system but also offers developers greater room for innovation. Developers can customize sidechains based on the specific needs of their games, a flexibility that is unique in the current blockchain gaming ecosystem.
B3's horizontal scaling capability allows it to support large-scale Web2-level games. The platform claims to handle high transaction volumes while maintaining nearly gas-free transactions. This is a huge attraction for developers looking to migrate large multiplayer online games to the blockchain. Additionally, B3's architecture allows developers to customize sidechains based on the specific needs of their games, a flexibility that is unique in the current blockchain gaming ecosystem.

4. B3 Founding Team and Funding Information

B3 is developed by NPC Labs, a chain product distribution platform founded by former members of Base, and is a key contributor to B3.fun. Most NPC members are former employees of Coinbase. On July 22, 2024, B3.fun successfully completed a $21 million seed round of financing for gaming projects. Leading this round of financing are BitScale Capital, Hashed, Pantera Capital, and Sfermon, along with participation from other investment funds such as Collab+Currency, Makers Fund, Mantle, and Mirana Ventures. Additionally, the project has received support from angel investors such as Coinbase, Base, Optimism, and Bybit.

5. B3 Token Economics

The B3 token is the engine driving the open gaming ecosystem, aimed at developing, expanding, and transforming gaming by empowering players, game developers, and holders. The total supply of B3 tokens is 10 billion, distributed as follows:
34.2% allocated to the community and ecosystem
22.5% allocated to the foundation
23.3% allocated to the team and advisors
20% allocated to investors.

The unlocking period for the team and all investors is 4 years, with 25% unlocked each year, followed by monthly unlocks. B3 tokens can be used for staking, funding games, experiencing games and new features on BSMNT, and participating in governance, among other uses. 34.2% of B3 tokens will be allocated to the community and ecosystem, with some distributed to players and developers through airdrops and other means.

6. Future Value Analysis of B3

As an important component of the Base ecosystem, B3 is rapidly growing into a leader in the on-chain gaming space. Its unique horizontal scaling architecture and comprehensive incentive mechanisms create a win-win ecosystem for players and developers. With the official launch of the B3 mainnet and the issuance of tokens, along with the continuously growing gaming ecosystem and player base, B3 is expected to play an increasingly important role in the future.

1. Expansion of the gaming ecosystem: B3 has already attracted over 80 games and more than 6 million players, demonstrating strong growth momentum. As more games join and the player base expands, the value of the B3 ecosystem will further increase.
2. Promotion of technological innovation: The technical core of B3 lies in its horizontal scaling architecture and chain abstraction technology, which provide developers with greater flexibility and lower costs. As technology matures and applications expand, B3 is expected to set new benchmarks in the blockchain gaming field.
3. Potential of token economics: The B3 token, as the engine driving the open gaming ecosystem, has a wide range of use cases and value. As the B3 ecosystem continues to develop and token applications expand, the value of the B3 token is expected to further increase.
4. Support from the community and ecosystem: B3 incentivizes players to participate and earn B3 tokens through airdrops, tournaments, and gamification, while providing funding support to developers. This comprehensive incentive mechanism helps attract more players and developers to join the B3 ecosystem, creating a virtuous cycle.