About PlayMana
Last updated
Last updated
PlayMana is a decentralized social esports and game discovery platform.
We give gamers multiple engagement & discovery paths, including our robust questing system powered by proprietary middleware that enables real-time in-game quests, and our Web 2.5 esports tournament engine that allows gamers to compete in both small-scale P2P challenges and large-scale, multi-user tournaments.
Millions of Web3 users will adopt the MANA platform because:
It is easy to use;
With multiple chains
Supports Web2 and Web3 games
Seamless on and off ramps
It is (nearly) FREE;
There are infinite gaming opportunities.
Additional Utility for Games, NFTs, and Game Tokens
It will improve Game Studio trustworthiness;
It will give new levels of Web3 rewards.
The ability to transact in a blockchain has given birth to a new era of gaming transactions. Decentralized, immutable digital ledgers have already played a major role in disrupting financial and investment sectors. It continues to move through other industries like wildfire, with companies creating new strategies for increasing user trust, cross-border interactions, fraud prevention, and digital asset tracking (including identity management).
PlayMana (“MANA”) is building an ecosystem that is designed to facilitate on-demand, secure, and low-cost access to new Web3 gaming studios. Game studios that are looking to further create adoption of their game by tapping into directly to the Web2 gamers will find huge value with MANA.
As an added benefit to clients, MANA is creating a peer-to-peer community that will allow Game Studios to integrate a game reward into MANA. The MANA platform will use a token strategy that allows the use of any token regardless of its liquidity within the MANA platform (as long as approved by MANA management). The strategy to be able to use any token without liquidity is unique and is further outlined in this paper. Web3 rewards are one of the most popular use cases of the blockchain technology. Using blockchain and cryptocurrency, companies are working to launch Web3 systems where coins earned through the game play can be earned and used in exchanges to convert to bigger currencies. This powerful concept of giving Web3 rewards that can be converted to fiat has been the cornerstone of the majority of new blockchain businesses, but the limitations of redeeming the currency and concerns of the fluctuating value of the coins have created consumer distrust within these programs. MANA will be removing these restrictions by allowing the tokens to be converted to MNG or USDT, and then converted to FIAT.
MANA intends to introduce the MNG Token, or $MNG, that participants in the ecosystem will use to transact in activities. MANA hopes this ecosystem can reduce the overall cost for game studios to launch new games, and give the added security, privacy, and trust to the gaming consumers.
MANA believes the demand for decentralized applications will only continue to grow within all areas of the gaming industry, initial growth has been in areas with new or smaller studios. MANA predicts that towards the end of 2024 larger studios, and more mature games will enter the field of Web3 and will still be looking to use companies like MANA to give added value to their in game rewards, and assets through their second layered use cases of using the items within competitions, either through tournaments, or peer to peer challenges.
MANA believes that true adoption of Web3 gaming will come from the Web2 esports gaming space, where the growth of esports streaming, and viewership has grown and surpassed most other entertainment industries. Game studios wanting to improve their services, create added value to their business, create additional consumer trust, and to venture into the new world of digital assets are paving the way for adoption of this new technology. Within a few years, companies that fail to deploy Blockchain for their in-game assets will be left behind their competitors, as consumers will demand the added layer of monetization to their gaming and functionality.
The key innovation enabled by Web3 is an efficient and secure way for Gaming Studios to further their value propositions and consumer trust. This will help Game Studios interact with new customers while maintaining control within their existing platforms.
