Nearcade

Josh Handelman

Problem

Record investment in blockchain gaming

2.2bn generated by crypto gaming companies in 2022

Problem

Lack of tooling - game devs must individually create their value prospects

Longer development time

Higher failure rate

Problem

Also impacts user adoption

Asset value is tied to the game - if it goes under, the players’ assets become valueless

Higher failure rate

Problem

• Disconnected web3 experience
• No existing framework for game asset creation and valuation
• When building games, creators must create and use their own assets
• Value of game assets tied to the game
• Increases risk to users
• Therefore decreasing adoption and making scaling harder

Business model

Prize Store

Challenge System

Ticketing System

Saturn is a gas giant with several rings

Technology

Arcade Platform

Solution

Framework to build decentralized games

Ticketing system

Prize Store

Challenge System

Leaderboard

Solution

• Provide a framework to build decentralized games
• Provide simplistic building blocks for ecosystem creation
• Prize store
• Rewards system
• Leaderboards
• Challenge system
• Developers can add more features - they retain control over their game
• Additionally, provide a platform where users can easily discover and play web3 games

Target Market

• Gamers new to web3 but interested in its benefits
• Tangible value
• Easily find games to play
• Interoperability
• New Game Creators
• Easier to create web3 games
• Easier to reach users

Uniqueness

• Many arcade/gaming projects exist, but all build out their own games with their own tokenomics and monetization strategy
• Difference:
• Provide a toolkit for game development
• Allow for interoperability
• This in turn allows for more real-world value:
• When developers build on this arcade system, the system they are building with will already have value and have users, lowering their risk
• Tokens are collectable from many games, all usable in the same place

Business Model

$

$

$

Creators pay Near to upload games

Upload Games

Creators must buy tickets from the arcade to fund their games

Buy Tickets

Percentage fee taken from cost-to-play

Fees

Product Status

• Solo developer, project started during the hackathon
• Marketplace
• Players can list NFTs, fungible tokens, gift cards, and real world items
• Players buy these items with tickets, the currency of the arcade ecosystem
• Challenges
• Game creators can implement challenges in their games
• Player progress on challenges is tracked and displayed on the player’s profile
• Leaderboard
• Public leaderboards are available displaying the scores of the top players
• Arcade
• Game creators can upload games, players can play games

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Business Model

Integration Steps

• “createGame” method - creates game, initializes challenge structure
• “playGame” method - called by player, player pays to start game
• “endGame” method - also called by player, ends game, claiming player rewards and setting player stats
• Security aspects
• Player must call playGame before calling endGame - must pay

Future Goals

• Marketplace
• Allow users to auction items and make offers
• Challenges
• Tokenize a player’s challenge status as a NFT
• Allow game creators to grant players bonuses based upon their status
• Challenge status then becomes an asset and gains real world value
• Leaderboard
• Allow game creators to reward top placings
• Arcade
• Promote game creation and game playing, growing the size of the ecosystem

Team

Josh Handelman - Developer / Founder

• Experienced blockchain and AI developer
• Sophomore at NYU, studying physics and math
• Previously worked on Mushroom Party, an arcade built on Solana
• Recently won $57,000 at four hackathons - Web3 Gaming Week, Aptos Hack Singapore, Solana Hyperdrive, and NYU’s Quantum Computing symposium

Thank You!

• Twitter: @xeony428
• Telegram: @xeony8
• Email: handelmanjos@gmail.com