Analysis of the Internal Test Status of Three Highly Anticipated Large-scale Blockchain Games

After a long period of preparation, several highly anticipated large-scale blockchain games have successively begun their internal testing. According to statistical data, there were a total of 334 publicly announced investment and financing events in the blockchain gaming sector in 2022, with a total scale of 4.4 billion USD. Most projects have financing amounts ranging from 5 million to 50 million USD, with a few projects exceeding 50 million USD. This article will compare and analyze the internal testing situations and asset values of the three games: Bigtime, Illuvium, and Parallel.

Bigtime

Bigtime is a AAA game that combines action fighting, NFT collection, and cross-era multiplayer RPG adventures. The game was created by members of a well-known game development team and received $21 million in funding in May 2021.

The game entered PC beta testing on April 19, 2022. Users with a VIP pass can participate in the beta test and have a chance to obtain rare NFTs. A token called TIME will also be launched in the game, which can only be obtained through gameplay.

The main NFT asset of Bigtime, Space NFT, has a market value of approximately $88.06 million. The game supports purchasing NFTs using traditional payment methods such as credit cards, lowering the entry barrier for users. According to data, the website traffic for Bigtime has been increasing month by month, reaching 152,000 visits in January.

Illuvium

Illuvium is an immersive open-world RPG built on the Ethereum Layer 2 network. The game secured $5 million in seed funding in March 2021 and subsequently raised over $100 million through various means.

The game is divided into three sections: Arena, Overworld, and Zero, which are currently in beta testing. The Zero section is open for testing to all landholders. The game uses Fuel as the universal currency and also has a premium currency called Credits.

The estimated market value of Illuvium's land NFTs is approximately $36.27 million, and the current circulating market value of the token ILV is $181 million. The official game website has maintained around 500,000 visits in the past three months.

Parallel

Parallel is a sci-fi NFT card game based on Ethereum. The game's team members come from several AAA titles and secured a $50 million investment in October 2021 with a valuation of $500 million.

The game began its closed Alpha testing on February 28, 2023, conducted in three rounds, and is expected to end on March 26. Participants during the testing period are expected to receive PRIME token airdrops.

The total supply of Parallel's PRIME token is 111 million, with a current circulating market value of approximately 61.92 million USD. Its NFT assets are diverse, but liquidity is low. The official website's traffic surged in January, related to the open beta test and the token launch.

Summary

The three games are all developed by experienced teams and have secured considerable funding. Each has its own characteristics in terms of token issuance and NFT asset monetization. From the perspective of user accessibility, Bigtime is relatively more user-friendly. With multiple major titles gradually being tested and launched, the blockchain gaming sector may be poised for takeoff.