Zilliqa Announces Its Own Web 3 Gaming Console With Crypto Mining Capabilities

Zilliqa is working on a console that will offer the ability to mine cryptocurrencies while players are having fun with their favorite Web3 games.

Zilliqa, a Layer 1 blockchain protocol, announced the launch of its new Web3-centric video game console that competes with Nintendo, Microsoft and Sony, but with a twist that makes it unique.

According to Zilliqa’s statement published by VentureBeat, the new console is designed for gamers and cryptocurrency enthusiasts, as it will feature its own game center, a Web3 wallet, and crypto mining utilities. Next month, Zilliqa will begin testing the game center.

For now, Zilliqa has refrained from revealing the console’s hardware specifications; however, judging by the array of ports shown in the photos (headphone jack, Ethernet, USB-C, USB 3.0, HDMI, and more), it’s expected to be a competitive piece of hardware in the pair of its main competitors.

Zilliqa game console ports
Zilliqa game console ports

Zilliqa hopes to become the steam of Web 3 games

Valentin Cobelea, head of game technology at Zilliqa, said the company received a great response from the community when it announced its first game at Gamescom. The team hopes to attract the attention of users not only for the gaming capabilities of their device, but also for its monetary incentives, which will be a nice bonus for those interested in getting it.

“Zilliqa’s hardware console and game center will allow non-crypto natives to earn money while playing fun games without the complexity of managing the crypto they earn.”

Cobelea further added that the console and game center will launch in early 2023 once the company expands its catalog. Zilliqa hopes to become “the equivalent of Steam for Web3 games.”

“With the support of Zilliqa’s large crypto community and user-friendly infrastructure, we have no doubt that we can become the equivalent of Steam for Web3 gaming.”

Web 3 video games open up in the game industry

According to a recent Zilliqa report on Web3 games, blockchain gaming activity soared by more than 2000% in 2021, and despite bearish times, some games have managed to have more than 300 thousand active users.

However, there is still a long way to go before these types of games can compete on an equal footing with those on Web 2, as players who enter Web 2 do so for fun without concern for financial gain, while in Web3, the vast majority of players enter to make money.

According to Zilliqa, the Web3 game industry is still in its early years of maturity, so perhaps in the future, studios will be able to offer new game modes that, beyond focusing on monetary incentives, are fun and competitive as was Axie Infinity. in the midst of the Bitcoin bull run, where several families in countries like the Philippines quit their jobs to devote themselves full-time to this game.


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