New Wallet for Crypto Gaming and Gamers

ABCbits

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Quote from: yhiaali3 on September 16, 2023, 04:43:29 AM

Quote from: kelepirci on September 01, 2023, 06:31:41 AM

--snip--

These are several interesting points, but in my personal opinion, you must first convince game companies to use your wallet before convincing players. Most games use popular wallets and give the option of connecting two or three wallets, and players cannot choose a different wallet by their personal choice.

I think you actually wanted to say "to support your wallet..." rather than "to use your wallet...". Company usually use different wallet software since it need some specific business feature (e.g. can handle million address without lagging or assign an address to a customer).

Quote from: yhiaali3 on September 16, 2023, 04:43:29 AM

Other gaming companies make their own wallet and force players to use only their custom wallet and have no other choice.

For better or worse, there aren't many gaming company who can afford and willing to spend money for that.

yhiaali3

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Quote from: kelepirci on September 01, 2023, 06:31:41 AM

There is an open-source project called https://walletconnect.com. WalletConnect adapter lets your app connect apps or dapps easily and is supported by almost all major players in the industry. Implementing this will solve most of the connection problems.

At the base level, my wallet is not different than other multichain wallets. That was one of the things that discouraged me from starting this project. Why would people use my wallet when great and popular wallets can do almost the same thing? But, end-users love shortcuts and usability. If the wallet can solve a pain point of end-users, they use it.

I received some valid feedback from gamers who play blockchain games. I asked them which wallet they use, and we ended up discussing a wallet that could support some of the blockchains that are not supported by major wallets. The other feedback was that they had to use different wallets for different games. I am still trying to validate this idea with other cryptocurrency gaming communities. (That is why I am chatting with you guys in here

)

These are several interesting points, but in my personal opinion, you must first convince game companies to use your wallet before convincing players. Most games use popular wallets and give the option of connecting two or three wallets, and players cannot choose a different wallet by their personal choice.

Other gaming companies make their own wallet and force players to use only their custom wallet and have no other choice.

In order for your wallet to be widely accepted it should have the highest number of gaming chains as well as low fees and ease of use.

Kakmakr

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There are definitely a need for wallets, where the owner of the wallet can "sign" their own address... with their own private key. I have a lot of friends that signed up for faucets or casinos ..with wallets from custodial wallets, where they do not have access to the private keys.. and then they want to change the address, but the service wants them to sign the Bitcoin address as proof that they owned the current address... which they cannot do. Huh

Will your wallet offer the owners of that address, the feature to sign their addresses? Huh

kelepirci

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Quote from: Yamane_Keto on September 08, 2023, 08:16:50 AM

Quote from: Renampun on September 08, 2023, 05:49:07 AM

Quote

According to the latest report from market analyst Newzoo on World Games Market 2022, the number of gamers worldwide this year reached 3.2 billion. The massive number of gamers is said to have succeeded in earning $196.8 billion

SOURCE-- Google

gaming has a very large market, if you manage to get some then you can get a very large profit (from users and investors)

We must differentiate between the gaming industry, which represents profits in billions of cycles, and the crypto games industry, which represents part of this industry. I do not know what is the share of cryptocurrencies in it, but it is definitely not billions of dollars, and allocating a wallet for games will only be possible in cooperation with game developers so that it performs more functions than The regular wallet does what it serves as a gateway to these games.
I don't know if there are games based entirely on blockchain, but most cryptocurrencies are saying things that you cannot implement in reality AND HERE I MEAN web V3.

At the moment, there is a distinct separation between the crypto gaming industry and the gaming industry. The crypto gaming industry has approximately a 7 billion dollars market cap. But this does not mean this separation will stay this way. The gaming industry is trying to integrate blockchain and cryptocurrencies into their ecosystem but they are not able to find any use case or utilization. But I firmly believe this will change in the next couple of years.

The idea of a wallet/community that would act as a gateway to crypto gaming or games that utilize cryptocurrency sounds quite promising. Maybe I should start building the community and the gateway first.

Yamane_Keto

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Quote from: Renampun on September 08, 2023, 05:49:07 AM

Quote

According to the latest report from market analyst Newzoo on World Games Market 2022, the number of gamers worldwide this year reached 3.2 billion. The massive number of gamers is said to have succeeded in earning $196.8 billion

SOURCE-- Google

gaming has a very large market, if you manage to get some then you can get a very large profit (from users and investors)

We must differentiate between the gaming industry, which represents profits in billions of cycles, and the crypto games industry, which represents part of this industry. I do not know what is the share of cryptocurrencies in it, but it is definitely not billions of dollars, and allocating a wallet for games will only be possible in cooperation with game developers so that it performs more functions than The regular wallet does what it serves as a gateway to these games.
I don't know if there are games based entirely on blockchain, but most cryptocurrencies are saying things that you cannot implement in reality AND HERE I MEAN web V3.

Renampun

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Quote from: BitMaxz on August 31, 2023, 07:53:16 PM

There's no problem developing a wallet for gamers as long as the wallet is open-source and proven safe by other trusted developers.

There are many developers that I think already did this idea but if you can make it unique like a wallet that can be used offline/airgap and connect games through a QR code then I'm sure many users or gamers will be attracted to use this.

It seems that the web3 wallet already has ideas and concepts like this, but the majority have kept the seed phrase, so I agree with you, if OP is able to make an open-source wallet for gamers, then the chances of success are greater.

coin-investor

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Quote from: kelepirci on September 02, 2023, 06:28:21 AM

One of the most challenging parts of running an open-source project is monetization. It is hard to tackle, but I have some ideas. The wallet software can be open source, and I believe I can find some creative ways to create premium services for pay.

First, I must validate this idea with more crypto-gaming communities.

You should look for a sponsor There are platforms that are willing to sponsor new innovation, In your case since you are specifically creating a wallet for gamers your sponsor should be in the gaming industry, you should first present your idea to your potential sponsor not necessary a company but a gaming community, you can, in fact, do crowdfunding from gamers if you are a well-known guy in the gaming industries you will not have a hard time getting sponsors.

You're doing good by asking for feedback from the gaming and Crypto community, update us for the feedback and development of your project.

sheenshane

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Quote from: kelepirci on September 02, 2023, 06:28:21 AM

One of the most challenging parts of running an open-source project is monetization. It is hard to tackle, but I have some ideas. The wallet software can be open source, and I believe I can find some creative ways to create premium services for pay.

First, I must validate this idea with more crypto-gaming communities.

There are a few successful open-source projects that have found ways to sustain themselves while keeping their core software open and free.
Though it can be indeed challenging to monetize an open-source project like wallet software, but IMO, it's not impossible as you have these transparencies and securities, the last part of which is building trust in the community would be a great idea.

Anyway, it seems this is a good proposal of yours, good luck and hoping for your success.

NotATether

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Quote from: kelepirci on September 01, 2023, 06:16:58 AM

Quote

If it is something that will benefit the community especially gamers then why not, Tell us first who you are what are your skills, and what are your past and present projects, The Majority of top wallets in the industry have their companies and names of their developers attached to the wallets they created.

If I am creating an open-source wallet, these are very valid questions to be answered.

I am a software engineer with 18 years of experience. I started as a system administrator and taught myself how to code. I am an expert in Python, React, and JavaScript. I strongly believe in open-source software and benefited a lot both personally and professionally. I even had some small contributions to OpenStack, but it was not big enough to be mentioned anywhere.

I could not make many contributions to the open-source community. Now I plan to change my stand on this matter and start contributing.

Currently, I have a day job as a developer in a successful startup.

I am not sure if the above experience is good enough for the community to trust me but they are good enough for me to start such a project.

It's not really about your reputation but more about your ability to make reliable software. And in the case of wallets, secure as well.

All you have to do is make the wallet (presumably it will have Web3 which all crypto games use to connect to wallets), and advertise it in places, and that's how your wallet will become a reliable and trusted name.

Kruw

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I'm not aware of any Bitcoin games other than chess: https://www.youtube.com/watch?v=FHwgr8gzzT0

...but since your opponent can "cheat" (by using a computer to defeat you), then there's no point in ever playing.

hugeblack

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Quote from: kelepirci on August 30, 2023, 10:38:04 PM

Please do not hesitate to dissect the idea and dish out your opinion about this project.

I liked your principle, but the problem lies in scalability. Such wallets must be written well from scratch because the more crypto they support, this means that the size of the code will increase and the synchronization time will increase, it is rare to find such wallets written by a single developer or a specific purpose.
You can avoid this by making the UI focus on something specific like gaming and having all the work in the background similar to an unstoppable wallet.

Things I would like to see:

- Full control over fees and the ability to modify them.
- Good prediction of fees.
- The possibility of extracting the private key for each address on each blockchain.

kelepirci

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Quote from: logfiles on September 01, 2023, 06:06:08 PM

It's good to know that you are planning to build perhaps the next of the few open source multichain wallets we know. We surely need more or them to break the closed source wallet dominance.

However, most open source project tend to struggle and some even get abandoned probably due to no funding for development or lack of interest (no funds to advertise the project/wallet, so most users may even never know about its existence)

What is your plan on over coming such hurdles, especially from the financial angel?
How will the open source non-custodial wallet tap into the popular gaming industry to profit out of it, or is yours going to be a non-profit project?

One of the most challenging parts of running an open-source project is monetization. It is hard to tackle, but I have some ideas. The wallet software can be open source, and I believe I can find some creative ways to create premium services for pay.

First, I must validate this idea with more crypto-gaming communities.

kelepirci

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Quote from: robelneo on September 01, 2023, 11:25:02 AM

Quote from: kelepirci on September 01, 2023, 10:44:03 AM

One of the ideas that came to my mind was designing the wallet from the aspect of games, not the tokens. Users will be able to activate the supported game from the list and all necessary tokens, blockchain networks, and NFTs will be enabled for that user. Instead of players to figure out which token or NFT belong which game, they will be able to interpolate which game uses which token, NTF or blockchain.

I have the base of the wallet built with React as Chrome Extension. I will be able to create some alpha versions in the next couple of months. But first I want to make sure that this is something that the end-users want.

You have a huge market for this, gaming like Gambling is a multi-billion dollar industry we know how big it became during the pandemic and it still retains the numbers, Why not create a sort of whitepaper or a model that explains your unique idea, and present this to the gaming community, creating a unique platform for a huge market is worth it, and if there are gamers that are not yet in Cryptocurrency your idea will fit them, so go for it.

Can you please when you quote include the username. Don't copy paste there is a quote button so the username will be included for reference.

Personally, gambling is not something I am very comfortable with. But people who gamble with cryptocurrency are willing to use the wallet, that would be ok. However, I am not very interested in building something tailored to that industry. Let's not forget how big a crypto gaming industry is. It has 7 billion dollars market cap and a daily volume is 600 million dollars.

I have already built a landing website. That can act as whitepaper.

logfiles

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It's good to know that you are planning to build perhaps the next of the few open source multichain wallets we know. We surely need more or them to break the closed source wallet dominance.

However, most open source project tend to struggle and some even get abandoned probably due to no funding for development or lack of interest (no funds to advertise the project/wallet, so most users may even never know about its existence)

What is your plan on over coming such hurdles, especially from the financial angel?
How will the open source non-custodial wallet tap into the popular gaming industry to profit out of it, or is yours going to be a non-profit project?

robelneo

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Quote from: kelepirci on September 01, 2023, 10:44:03 AM

One of the ideas that came to my mind was designing the wallet from the aspect of games, not the tokens. Users will be able to activate the supported game from the list and all necessary tokens, blockchain networks, and NFTs will be enabled for that user. Instead of players to figure out which token or NFT belong which game, they will be able to interpolate which game uses which token, NTF or blockchain.

I have the base of the wallet built with React as Chrome Extension. I will be able to create some alpha versions in the next couple of months. But first I want to make sure that this is something that the end-users want.

You have a huge market for this, gaming like Gambling is a multi-billion dollar industry we know how big it became during the pandemic and it still retains the numbers, Why not create a sort of whitepaper or a model that explains your unique idea, and present this to the gaming community, creating a unique platform for a huge market is worth it, and if there are gamers that are not yet in Cryptocurrency your idea will fit them, so go for it.

Can you please when you quote include the username. Don't copy paste there is a quote button so the username will be included for reference.

kelepirci

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Quote

Can you mention some famous games or cryptocurrency games because I think user will deposit week per week, and there are many hardware wallets that support an unlimited number of cryptocurrencies. I also believe that the number of cryptocurrencies needed by cryptocurrency gaming is limited because most of them will be tokens and not independent blockchains. every development is welcome, but sometimes it is better to build on top of open source solutions and new features than starting from scratch.

I definitely agree with you. Unfortunately, besides https://unstoppable.money, I do not see any open-source project that I can base on. And I am not very comfortable with forking https://unstoppable.money/ and they do not have a web wallet option.

(Also, I am not very comfortable with cloning someone else work)

kelepirci

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Quote

I don't understand how can a wallet have a gaming focus, what is different from your wallet and other wallets?

And you are using the wrong term, gaming isn't the same as gambling, and gamers are not the same as gamblers. Maybe you can share some aspects of the wallet or some screenshots to make us an idea about what are you talking about. And why is this wallet focused in gambling, maybe some users want it just for trading, who knows...

Fortunately, I am not using the wrong term. There are people using cryptocurrency to gamble and there are some big products that do the job quite well.

There is a huge player base for play to earn blockchain games. Of course, there are games that are not play to earn. Instead those games integrated blockchain & cryptocurrency directly into their game. Check out this link:
https://coinmarketcap.com/view/gaming/

One of the ideas that came to my mind was designing the wallet from the aspect of games, not the tokens. Users will be able to activate the supported game from the list and all necessary tokens, blockchain networks, and NFTs will be enabled for that user. Instead of players to figure out which token or NFT belong which game, they will be able to interpolate which game uses which token, NTF or blockchain.

I have the base of the wallet built with React as Chrome Extension. I will be able to create some alpha versions in the next couple of months. But first I want to make sure that this is something that the end-users want.

Yamane_Keto

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Quote from: kelepirci on August 31, 2023, 10:07:59 PM

According to Coinmarketcap, cryptocurrency gaming has a 7 billion market cap and 600 million dollars daily volume. This is a big market to build something for. If musicians, drivers or gravediggers have such a market cap, I will consider building something for them.

Can you mention some famous games or cryptocurrency games because I think user will deposit week per week, and there are many hardware wallets that support an unlimited number of cryptocurrencies. I also believe that the number of cryptocurrencies needed by cryptocurrency gaming is limited because most of them will be tokens and not independent blockchains. every development is welcome, but sometimes it is better to build on top of open source solutions and new features than starting from scratch.

seoincorporation

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I don't understand how can a wallet have a gaming focus, what is different from your wallet and other wallets?

And you are using the wrong term, gaming isn't the same as gambling, and gamers are not the same as gamblers. Maybe you can share some aspects of the wallet or some screenshots to make us an idea about what are you talking about. And why is this wallet focused in gambling, maybe some users want it just for trading, who knows...

robelneo

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Quote from: kelepirci on September 01, 2023, 06:16:58 AM

Quote

If it is something that will benefit the community especially gamers then why not, Tell us first who you are what are your skills, and what are your past and present projects, The Majority of top wallets in the industry have their companies and names of their developers attached to the wallets they created.

If I am creating an open-source wallet, these are very valid questions to be answered.

I am a software engineer with 18 years of experience. I started as a system administrator and taught myself how to code. I am an expert in Python, React, and JavaScript. I strongly believe in open-source software and benefited a lot both personally and professionally. I even had some small contributions to OpenStack, but it was not big enough to be mentioned anywhere.

I could not make many contributions to the open-source community. Now I plan to change my stand on this matter and start contributing.

Currently, I have a day job as a developer in a successful startup.

I am not sure if the above experience is good enough for the community to trust me but they are good enough for me to start such a project.

You are qualified if you think you are qualified it's always good to see a big project coming up knowing who are the people behind it and whether are they capable, there's nothing in your post histriy that I can tell that you are good at what you do or you are just some of those newbies who tried to earn people's trust here but they are not capable of doing what they plan or promised to create.
Anyway, I'm looking forward to seeing that

Quote

New Wallet for Crypto Gaming and Gamers

there's always room for a new innovation in the ever-growing industry like Cryptocurrency.

Topic: New Wallet for Crypto Gaming and Gamers (Read 368 times)