We believe that Web3 and the move toward digital ownership will fundamentally impact the games business. Regardless of where you might find yourself during the current debates that surround Web3, you can’t deny that, as game developers, it is imperative that you gain an understanding of what you can do with it, what you will do with it, and how.
Tilting Point is and has always been about amplifying independent developers’ businesses, their live games and their technology, and we believe that blockchain game development and token economics offer incredible possibilities to radically change how players and gamemakers view their relationships with games, benefitting the players, as well as boosting LTV for developers. We intend to help our partners make the most of this opportunity. Web3 strategy is now one of our core strategic pillars.
That’s not to say we are changing who we are. We remain a progressive publisher with a laser focus on accelerating and amplifying the businesses, games and technologies of our partners and internal studios. What it does mean is that, from this point forward, Web3 will now be one of our main amplifiers, alongside all of our existing amplifiers for which we have the strongest reputation: UA funding and management, organic growth and ad monetization, all the way to co-development with big IPs, and even possible acquisition. Adding Web3 as a main amplifier will offer deeper engagement and retention for all the games we work with.
So what does this mean? Tilting Point is now a common ground solution for Web2 and Web3 developers, overall amplifying the performance of games. We can bridge games from Web2 to Web3, helping both our existing and new F2P partners expand into Play and Earn, and, with our extensive publishing expertise, we can help native Web3 game companies reach broader audiences. This is a natural extension of what we do as the ideal growth partner for developers. This also isn’t new territory for us; we first began to incorporate Web3 technology into one of our games more than two years ago.
We are approaching this with a long-term view. We know that Web3 is much more than the tip of the iceberg pulling so much focus right now, causing excitement from some and fear or vitriol from others. We acknowledge that the current experiences out there are lacking, and that Web3 is still very early. However, we believe that Tilting Point and our expert developers entering this space can and will shape the next generation of Web3 experiences. They will be better founded in real expertise in retention and monetization, and built to live and entertain for years. That’s why we have already made strategic partnerships with the best teams out there deftly helping build the infrastructure we need to make blockchain games as powerful and positive as they can be.