Beamable adds funding that expands Web3 live services and receives investment from Solana Foundation
October 04, 2022 (Boston, MA) —
As of October 2022, over 4,000 unique game projects have started on the Beamable platform. The type of games spans every category of online game experience: mobile games, PC games, virtual reality (VR), and consoles. One of the largest segments of growth has been web3 games: projects that use blockchain for building open economies. Today, Beamable announces its roadmap for web3, as well as an investment from Solana Foundation to support this expansion.
“The big shift in 2022 is that web3 game projects have moved beyond proofs-of-concept,” said Jon Radoff, CEO of Beamable. “Games we’re seeing today have longer development horizons, more experienced game design teams, and a focus on the inherent fun of the experience. These games use next-generation blockchain technology that is scalable, fast, and ecologically responsible.”
Games building on Beamable have used several layer-1 blockchains. These technologies use proof-of-stake algorithms which are energy efficient, fast, and highly scalable. Games built on these blockchains offer access to marketplaces, decentralized trading platforms, and other composable technologies that enable game developers to build games that leverage a vast community of interoperable software.
As part of the expansion into Web3, Solana Foundation has made an investment in Beamable. Recently, at Korea Blockchain Week, Beamable was included as a key element of the Solana GameKit technology stack–intended to accelerate the development of blockchain games built on Solana.
Beamable’s unique advantage is that it makes building games built on live services easy and scalable: instead of coding a custom backend and figuring out how to connect all of the pieces, you build games using Unity–the most widely-used game engine–and use drag-and-drop interfaces to configure your economy, social systems. Similarly, server logic can be created using highly composable C# microservices. Beamable’s vision for Web3 is to make building a game for blockchain as simple as clicking your preferred layer-1 provider, bridging the world of blockchain with the high performance and familiarity of a game server.
To learn more about Beamable’s Web3 technology, visit https://beamable.com/why-beamable/web3-integration. Learn about the company’s vision for live games at https://beamable.com/about
About Beamable
Beamable provides a Software-as-a-Service platform for the business operations of live games. The platform is tightly integrated with the Unity 3D engine, enabling game developers to focus on the creativity and differentiation of their products. Led by a team of game-industry and Software-as-a-Service veterans, Beamable is based in the Boston area, and backed by investors including Permit Ventures, Companyon Ventures, GrandBanks Capital and Defy.vc. For more information, visit beamable.com.