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Aqua Web3 Game Company Completes $10 Million Financing By Digital

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It is reported that Aqua, a Web3 game company, disclosed at the GDC 2023 Game Developers Conference that it has completed the financing of $10 million invested by DIGITAL to solve

Aqua Web3 Game Company Completes $10 Million Financing By Digital

It is reported that Aqua, a Web3 game company, disclosed at the GDC 2023 Game Developers Conference that it has completed the financing of $10 million invested by DIGITAL to solve the main pain points in crypto games. At the same time, it plans to expand its business footprint beyond the core Web3 game market products, and build a market that can be embedded into the game for developers. Players do not need to use their wallets to conduct in-game asset transactions on third-party websites.

Aqua plans to launch the Web3 gaming embedded market

Aqua, the Web3 game company, announced at the GDC 2023 Game Developers Conference that it has secured $10 million in financing from DIGITAL to address the crucial issues in crypto games. Furthermore, Aqua aims to expand its business reach beyond core Web3 game products and develop a market that game developers can integrate into their games. This innovation will allow players to carry out in-game asset transactions without having to leave the game and use third-party websites.

Why Did Aqua Receive the Financing?

Aqua secured the financing to address the fundamental pain points in the crypto games industry. The crypto games space has been fraught with problems, including high-latency in-game asset transactions, user-unfriendliness, and a limited game selection. Aqua aims to mitigate these issues by introducing new products that enhance the user experience and make in-game asset transactions more efficient.

Aqua’s Objectives After Securing $10 Million of Investment

Aqua’s plans to expand beyond its core Web3 game market products is a significant step towards innovating the crypto games space. The company intends to develop a market that can be embedded into the game software for developers. This innovation will enable players to buy in-game assets without having to leave the game to complete transactions on third-party websites. Additionally, Aqua is set to develop more game products that will enhance the user experience.

Aqua’s Solution to High Latency In-Game Asset Transactions

Aqua’s solution to the high latency in-game asset transactions plaguing the crypto games industry is their revolutionary technology that Cryptospeed has developed. Cryptospeed is a technology that will eliminate the need to wait for block confirmation on specific chains, significantly reducing waiting times. With Cryptospeed, Aqua will provide users with faster in-game transactions and more efficient experience in the crypto-game space.

Aqua’s User-Friendly Approach to In-Game Asset Transactions

At present, purchasing in-game assets on third-party websites can be an arduous process for gamers. Aqua intends to solve this issue by providing gamers with a simple and straightforward method of buying in-game assets directly through the game’s interface. With Aqua’s new embedded market, it won’t be necessary for players to visit third-party websites to buy assets, and this will improve the entire purchasing process for gamers.

Aqua’s Innovation of Limited Game Selection

The selection of available crypto games has remained limited, and Aqua aims to address this issue by developing a range of high-quality games, which will provide players with more options. Aqua also offers incentives for game developers to build games on their platform, which they believe will attract more gamers to their platform.

Conclusion

Aqua’s $10 million financing has provided a significant boost to its development of cryptocurrency games. Their innovations in high-latency in-game asset transactions, user-unfriendliness, and limited game selection will benefit crypto games players globally. Aqua’s plan to expand their business footprint beyond their core Web3 game products is a significant step towards further introducing innovation into the cryptogames industry.

FAQs:

1. What is Aqua’s Cryptospeed technology?
– Cryptospeed technology is a revolutionary solution that provides faster and more efficient in-game asset transactions for users.
2. Will players still need to use their wallets to carry out in-game asset transactions?
– No, Aqua aims to provide gamers with a more user-friendly experience by embedding a market into the game software for developers, eliminating the need for players to conduct asset transactions through third-party websites.
3. What are Aqua’s plans to enhance the crypto games experience?
– Aqua plans to expand their business reach beyond their core Web3 game products and develop a range of high-quality games for players globally. They also offer incentives for developers to build games on their platform.

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