The First Project Report: Reshaping the On-Chain Game Ecology and Interpreting the Win-Win Situation of B3 Base
In today's rapidly changing blockchain technology, B3 token, as an innovative platform created by members of the Base team, is leading a revolutionary storm in the gaming ecosystem. B3 is built on the second layer of the Ethereum chain Base and is a third-layer blockchain network designed specifically for on-chain games. Its unique horizontal scaling architecture not only provides strong support for large-scale game development, but also brings unprecedented gaming experiences to players.
B3 token, as the core of the B3 ecosystem, carries multiple functions and missions. It is not only a medium of exchange within the ecosystem, but also an important means to encourage game developers and players to actively participate in the construction of the ecosystem. With the continuous development and growth of the B3 ecosystem, the market value of B3 token is gradually becoming prominent. Now, B3 token is about to be launched on The First trading platform, which will undoubtedly inject new vitality into its market liquidity and influence.
What is B3?
B3 is a layer 3 gaming network built on top of Base (an Ethereum layer 2 chain incubated by Coinbase), designed specifically for Web3 games. It provides a dedicated blockchain space designed to support the development of high-performance games through low gas fees and high-speed transactions. B3 aims to expand a diverse gaming ecosystem, build highly scalable blockchains, and provide comprehensive developer support tools. In addition, 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 its diverse gaming ecosystem, highly scalable blockchain, and comprehensive developer support tools. In addition, B3 integrates blockchain 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 every week, mint NFTs, and enjoy a seamless gaming experience on the BSMNT.fun.
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 and provides dedicated "game chains" for each game. These game chains allow individual games to integrate cryptocurrency, allowing players to earn tokens in a more structured and decentralized way.
It is worth mentioning that the highly anticipated AI proxy project "Zerebro" announced on February 7th that it will be released as a game on B3. Zerobro games are expected to join the lineup of the official platform "BSMNT.fun" operated by B3, 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 join games from other chains such as Solana.
How does B3 work?
As a three-tier network, B3 provides dedicated sidechains for games, applications, and compute-intensive operations through sharding at the application layer. This design improves the performance of the entire network and provides developers with greater flexibility. Players can discover new games on BSMNT.fun platforms and experience seamless gameplay, while developers can utilize the tools and funding support provided by B3 to develop and expand their games. The B3 chain uses the OP Stack toolkit, which is compatible with EVM and ensures compatibility with the existing Ethereum ecosystem.
The operating principle of B3 is based on the collaborative work of multi-layer architecture. The security layer (Ethereum) ensures the security and immutability of transactions and data; the settlement layer (Base) reduces gas fees and improves transaction speed through efficient L2 solutions; the extension layer (B3 Rollup network) scales horizontally through the application layer sharding Technology Implementation 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 seamless cross-chain User Experience. These layers and components together constitute the efficient, secure, and scalable blockchain ecosystem of B3.
- 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 B3 chains.
Function: Ethereum ensures the security and immutability of transactions and data on the B3 chain. All transactions and data that occur on the B3 chain will ultimately be verified and recorded on Ethereum. - 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 stickiness. It has the second most L2 wallets and is home to numerous applications such as Uniswap, Friend.Tech, USDC, ThirdWeb, OpenSea, Zora, etc.
Function: As the settlement layer of B3, Base is responsible for processing a large amount of transactions and data, and reduces gas fees and improves transaction speed through its efficient L2 solution. - Extension Layer - B3 Rollup Network
Technology: B3 Horizontal scaling through application layer sharding Technology Implementation.
Function: Arrange dedicated sidechains for applications, games, and computationally intensive operations. These sidechains can further expand the capacity of B3 to meet the needs of more users and applications. - Discovery Layer - Join.B3.Fun
Role: Serve as the discovery layer of on-chain games.
Function: As a 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 seamless cross-chain User Experience (UX), allowing players to easily switch between different blockchains and applications.
III. The technical core of B3
B3, as a three-tier network, can further expand and provide dedicated block space for gamers. This architecture enables B3 to meet the needs of gamers for high-speed transactions and low fees, with a cost of even less than one cent per transaction. This is particularly important for gamers because it can support more complex game mechanics and 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 provides developers with greater innovation space. Developers can customize sidechains according to the specific needs of their own games, and this flexibility is unique in the current blockchain gaming ecosystem.
B3's horizontal scalability enables it to support large-scale Web2-level games. The platform claims to be able to handle high transaction volumes while maintaining almost gas-free transactions. This is a huge attraction for developers who want to migrate large-scale multiplayer online games to the blockchain. In addition, B3's architecture allows developers to customize sidechains based on the specific needs of their games, which is unique in the current blockchain gaming ecosystem.
B3 founding team and financing information
B3 was developed by NPC Labs, an on-chain product distribution platform founded by former members of Base and a key contributor to B3.fun. Most of the NPC members are former employees of Coinbase. On July 22, 2024, B3.fun successfully completed a $21 million seed round financing for the game project. The financing round was led by BitScale Capital, Hashed, Pantera Capital, and Sfermon, with participation from other mutual funds such as Collab + Currency, Makers Fund, Mantle, and Mirana Ventures. In addition, the plan has received support from angel investors such as Coinbase, Base, Optimism, and Bybit.
B3 Token Economics
B3 coin is the engine that drives the open gaming ecosystem, aiming to develop, expand, and change games by empowering players, game developers, and holders. The total supply of B3 tokens is 100 billion, distributed as follows:
34.2% is allocated to the community and bear system
22.5% allocated to the foundation
23.3% allocated to teams and consultants
20% is allocated to investors.
The unlock period for the team and all investors is 4 years, with 25% unlocked annually and monthly thereafter. B3 coins can be used for staking, funding games, experiencing games and new features on BSMNT, and participating in governance. 34.2% of B3 coins will be allocated to the community and ecosystem, and some will be distributed to players and developers through airdrops and other means.
B3 Future Value Analysis
As an important part of the Base ecosystem, B3 is rapidly growing into a leader in the field of on-chain gaming. Its unique horizontal scaling architecture and comprehensive Incentive Mechanism have created a win-win ecosystem for players and developers. With the official launch of the B3 mainnet and token publishing, as well as the growing gaming ecosystem and player base, B3 is expected to play an increasingly important role in the future.
- Expansion of the gaming ecosystem: B3 has attracted more than 80 games and over 6 million players, showing strong growth momentum. With more games joining and the expansion of the player base, the value of the B3 ecosystem will further increase.
- Driven by technological innovation: B3's technological core lies in its horizontal scaling architecture and chain abstraction technology, which provide developers with greater flexibility and lower costs. With the continuous maturity of technology and the expansion of applications, B3 is expected to set a new benchmark in the field of blockchain gaming.
- Potential of Token Economy: B3 tokens, as the engine driving the open gaming ecosystem, have a wide range of use cases and value. With the continuous development of the B3 ecosystem and the expansion of token applications, the value of B3 tokens is expected to further increase.
- Community and ecosystem support: B3 incentivizes players to participate and earn B3 tokens through airdrops, tournaments, and gamification, while providing financial support to developers. This comprehensive Incentive Mechanism helps attract more players and developers to join the B3 ecosystem, forming a virtuous cycle.
B3 token is reshaping the future of on-chain gaming. Its horizontally scalable architecture provides developers with unlimited possibilities, while bringing players a smooth gaming experience and economic returns. If you are optimistic about the future value of B3 token, you can use The First for fast digital currency trading services.