KuCoin Labs Incubation Program I — The Incubation Thesis in TripleC and Ubiloan
Recently, KuCoinLabs Season 1 Incubation Program has started. As the incubation program runs steadily, KuCoin Labs is featuring and analyzing one by one the 8 best performers selected in the coming weeks. This week will feature the GameFi incubation and distribution platform TripleC and the Gamefi, Metaverse-focused NFT liquidity provider Ubiloan.
TripleC
Background
GameFi is a new trend in the gaming industry where players can earn cryptocurrency and generate income through various in-game activities using blockchain technology. GameFi is a rapidly growing market with immense potential because of the possibility of mass adoption. Investors consider GameFi projects as good investments for the future gaming industry and in the more general sense for web 3.0 Internet and the soon-coming meta-verse, where people and players interact and live a parallel life. Institutions have been making big bets on this futuristic technology. The single biggest pain point in the current GameFi market is that existing games have poor playability and are not sustainable. TripleC has the mission to incubate and publish web 3 games that are fun to play and reward players for their effort in the form of digital assets using blockchain technologies.
About TripleC
TripleC is a GameFi incubation and distribution platform. For game players, TripleC is a one-stop platform that integrates games, wallets, NFT trading marketplace, SBT and others, allowing them to easily discover games and happily play games and earn tokens on our DApp. For game developers, TripleC provides comprehensive solutions such as token economics design, SaaS platform, API, SDK and others, allowing them to focus on game development itself rather than re-inventing the same web 3 infrastructures. TripleC helps traditional and Web2 game players and publishers transition into the soon-coming future Web3 world.
Why TripleC
- An Experienced and Resourceful Team
The most important asset of TripleC is its team. The founders come from diversified backgrounds such as Gameloft, Bytedance, and BNP Paribas. They are seasoned professionals and have the resources to deliver what they promise. The team has decades of combined experience in serial entrepreneurship building successful companies. Prior to building this Web3 game platform, TripleC has been publishing games for big-name studios in Japan, South Korea and Southeast Asia. They understand the game industry and how to build a thriving community. The team also has years of experience in game production and development, Internet product design and financial transactions. They are qualified to build a fun, playable, flourishing and profitable GameFi platform.
In addition, we have come to know TripleC’s strong execution ability. They have the resources and determination to thrive in a bull market and to survive in a bear market. Their persistence will prove to be most valuable to go through the ups and downs of building a successful company. They have put in a lot of effort in carefully designing the game distribution platform, the token economics, NFT marketplace and the metaverse of player interaction.
- 3A Games in the Pipeline
The most important assets of a gaming platform are its games. We need fun games, especially popular games that draw millions of players. TripleC has signed deals with world-renowned game development companies such as Century Games and Crystal Labs to publish their games on the TripleC platform. The games that TripleC has added to the pipeline are those successful Web2 games that have a proven record of popularity and market and fans. Not only do these Web2 games bring players to the platform, but they also provide Web2 game experience and rich and fun playability not yet seen in the Web3 world. TripleC will release in 2023 the first 3A GameFi game: OUTER. Its developer, Crystal labs, has invested more than 5 million U.S. dollars in research and development. The grand worldview, diverse gameplay and sustainable tokenomics system will bring an unparalleled and rich gaming experience to the Web3 world. We are looking forward to this soon-coming blockbuster!
- Top Animation IPs
TripleC has reached strategic cooperation with world-renowned cultural and entertainment companies: Japan’s Tezukasha and Tokyo Pictures. TripleC will bring the most exciting IPs from animation to the Web3 world in the form of NFTs and GameFi games. The red-headed-boots Astro Boy has recently become popular all over the world and set off a viral spread in social media. TripleC now has the right to release Web3 products related to Astro Boy. We are eager to see that they will continue to revive more classic anime IPs and bring them back alive in the Web3 world.
- Unique Market Opportunities
The current GameFi market is facing the loss of players and a lack of newcomers. Among the many reasons is the lack of good and fun games. They are all too focused on generating incomes for players (and have failed.) TripleC has the unique insight and position that it will bring from the well-established Web2 games into the Web3 world, transitioning the traditional players to the futuristic blockchain players. With TripleC’s enthusiasm, decades of experience, extensive networking in the gaming industry, strategic cooperation with major IPs, and a dedicated team to carry out the mission of bringing millions of Web2 players to the Web3 world, we can envision a new, prosperous and thriving gaming community mass adopting the futuristic blockchain technologies!
Ubiloan
Background
From the very first day of its establishment, Ubiloan has firmly believed that Utility NFT is the future of NFT development. At this stage, Ubiloan is the earliest team focusing on Web 3.0 game NFT and Metaverse NFT liquidity solutions. Users can put NFT stake on Ubiloan’s platform to obtain instant loans, which can be used to purchase game NFT, cash withdrawal and arbitrage, etc. Currently Ubiloan is cooperating with AAA-level GameFi projects such as Illuvium, Matr1x, Ultiverse, P12, Second Live, The Harvest Game, and Delysium on game asset mortgages and joint marketing activities. And it has received strong support from a series of ecology and funds such as KuCoin Labs, BNB, Maven Capital, Aleph Crypto (the official incubator of the first author of William Entriken ERC-721).
Why Ubiloan
- Leading Builders in the Industry
Ubiloan is committed to becoming a long-term builder of the industry and mapping the real-world property rights system on the blockchain. The team proposed EIP-5604 to completely change the industry standard of NFTfi and change NFTfi from a custody agreement to a non-custodial agreement. Through EIP-5604, the borrower does not need to transfer the ownership of the collateral NFT to the loan agreement when borrowing money, truly realizing the “mortgage loan” of NFT. During the lending process, users can continue to play games, and normal on-chain activities such as snapshots and airdrops are completely unaffected. At the same time, because the platform no longer hosts users’ NFT assets, it no longer faces security trust issues. Ubiloan welcomes more games and friends to adopt the EIP-5604 standard, pushing the industry into a non-custodial decentralized model.
- Resourceful and Experienced Team
The Ubiloan team comes from Peking University, Tsinghua University, Columbia University, UCL and other schools. The founders are serial entrepreneurs with many years of experience in financial risk management and smart contract development. The team members are distributed all over the world.
- Promising Co-operations
The Ubiloan community has also launched the latest season pass (Season Pass 1) system. Users can also vote for and guide the future of Ubiloan through some tasks such as co-building the community to obtain cash and token rewards.
In the near future, Ubiloan will act as the initiator, unite a number of well-known AAA-level games, and initiate the largest round of joint fun games plus airdrops in the GameFi market. It is expected to reach more than 1,000 Web3.0 users directly or indirectly.
Ubiloan believes in the future and potential of Web3.0 gaming. We firmly believe that the merger of WEB3 and WEB2 will happen, and games will be the most important and marketable entrance. 3.09 billion Gamers are on the way.