IVS Crypto 2023 Kyoto — Intella X’s Venture into Web3 Gaming: A Recap of Our Business Development Manager’s Panel Session
It was a whirlwind of a week at the recent IVS Crypto 2023 event held in Kyoto. Passion and enthusiasm were at the core of this conference, with many industry leaders coming together to discuss the future of Web3 and showcase their unique products and services. And for those of you waiting eagerly for a recap on what was presented by Intella X, here’s a recap post.
Under the spotlight, Intella X shone bright, embodying the potential of ‘Major Web2 Game Development Studios Moving to Web3’. Sarah Kim, BD Manager at Intella X, shared insights on Intella X’s vision, approach and insights on the Web3 market.
A New Frontier: Web3 Gaming
Intella X stressed the imminent shift in the gaming industry from traditional gaming to Web3, a change brought on by the paradigm-altering advantages of blockchain technology that empowers user ownership and a decentralized economy. And NEOWIZ, alongside with Intella X, is fully committed to being the forerunners in the new gaming landscape, with plans to invest time and resources to secure their place as a leading global game development studio once again.
Intella X emphasized its plans for creating a contributor-centric ecosystem, which is concurrent with the fundamental values of Web3 through rewarding all contributors (developers and users) of the ecosystem with its platform native Intella X tokens.
Furthermore highlighting two key issues that many face in the current Web3 gaming market: high entry barrier for developers and users, and the quality of games currently released in the market. Intella X is keen to face these challenges head-on, implementing multi-dimensional solutions to ensure its platform remains at the cutting edge of the gaming industry.
A User-Friendly Approach
Intella X has prioritized user accessibility from its inception. For example, the introduction of a mainstream login feature such as the social sign-in service in Web3. This reduces the high entry barriers that many users face when transitioning to Web3 while providing familiar UX that everyone is accustomed to here in Web3.
Once past this hurdle, users are met with an all-in-one platform from NFT launchpad to marketplace and DEX, sparing them the struggle of navigating the scattered DApps across the Web3 market. This functionality simplifies the Web3 experience for users, with the Intella X wallet acting as a bridge connecting games and the essential services for Web3 gaming.
To further streamline the user experience, Intella X has implemented a meta-transaction feature. This allows users to pay gas fees using game tokens or the platform’s native IX tokens, eliminating the need to purchase and transfer the blockchain native currency.
To ensure a smooth transition for users, Intella X offers comprehensive guides and in-game tutorials. The service usage methods are integrated within the UI of DApps, offering digestible steps and regular updates based on user feedback.
Harnessing NEOWIZ’s Expertise
The journey into Web3 gaming is not without its challenges, but Intella X pointed out to the listeners that Intella X is well equipped for this venture. With over 25 years of experience in the global game market, NEOWIZ’s resources and development capabilities will play a pivotal role in creating high-quality games and fostering a sustainable ecosystem.
Intella X concluded with the reminder that the growth of the Web3 gaming market is a collaborative effort. Traditional game developers, in pursuit of the shared goal of ‘Web3 conversion,’ are key to introducing exciting games and meeting users’ longing for genuine Web2 gaming experiences in Web3.
“Eliminating complicated steps to improve user experience, integrating various dApps under one platform, and offering comprehensive guides and tutorials throughout the service are all endeavors that took time to implement and develop on. These efforts made by Intella X to introduce users to Web3 gaming certainly haven’t gone unnoticed. Intella X has already reached a phenomenal record of 40% conversion rate, surpassing the industry standard of 5–10% conversion rate.“
