A $50 million Bybit Gamefi platform, Yeeha Games, has announced its entry into Web3 gaming. To close the gap between traditional gaming and GameFi, Yeeha Games aims to release several blockchain games over the course of the next 18 months. With 11 games in the pipeline, it has subsequent game releases planned in the future.
With that, the platform’s global team is 90-plus-people strong, consisting of industry veterans from blockchain, GameFi and traditional gaming sectors, which includes Bybit, Tencent, NetEase Games, IGG, Animoca Brands, Unity and Taptap.
Future of GameFi
Choy Wai Cheong, co-founder and chief operating officer of Yeeha Games, believes that the GameFi industry saw incredible growth in 2021.
Cheong says, “But when compared to the traditional gaming market, we still see a massive untapped potential. To attract traditional gamers to Web3, we must have games that appeal to them.”
According to him, whether it is considered a blockchain game or not, games have to be fun to attract and retain players in the long-run.
He adds, “Integrating blockchain elements into game genres with proven success in the traditional gaming market is a good starting point, and that’s where Yeeha Games is positioned.”
“We are excited about the future of GameFi and how it could realize the promise of the metaverse and internet through gaming,” said Ben Zhou, co-founder and CEO of Bybit.
Zhou believes that GameFi has the potential to connect people across global communities to build up our digital and virtual worlds other than creating a level playing field “Other than creating a level playing field.
He says, “Additionally, it promotes the ideology of putting power back in the hands of the people with a player-owned economy. Through this partnership, we want to demonstrate our commitment to driving technology innovations to the wider society.”
The Vision of Yeeha Games
Yeeha Games is a GameFi platform that aims to introduce traditional gamers to the expansive world of Web3.
Backed by Bybit, Yeeha Games brings world-class titles to players worldwide, offering a gaming experience that embodies Web3 values — interoperability, compatibility and ownership.
Yeeha Games is set to focus on high-quality, free-to-play (F2P) games that deliver on all aspects, raising the bar and shaping the future of blockchain gaming.
Its F2P games serve as a bridge for players in the traditional gaming space to enter Web3 gaming without the need to purchase cryptocurrencies from the get-go. With that, this allows players to fully experience the game before purchasing their first digital assets.
Yeeha Games is pushing the boundaries of the present GameFi space, introducing a broad range of game genres to the ecosystem. The list includes but not limited to the following in order to cater to different users:
- Multiplayer online role-playing games (RPGs),
- Idle-RPG card games
Yeeha Games marketplace features a built-in wallet that supports fiat and crypto deposits. Additionally, players can make transactions gas-free across all of the platform’s game titles.
Midgard Saga is the first game in Yeeha Game’s ecosystem. It is for release in September 2022.
Midgard Saga is a casual card-based RPG that follows the adventures of a prince to save his fallen kingdom. Players will encounter heroes of various backgrounds, which they can then recruit and deploy in battles.
Its idle gameplay makes it perfect for players who enjoy a real-time combat strategy game that’s light on battle mechanics.
In the spring of Miral 1600, the capital of Midgard was thrown into chaos. Hodr, the Dark Lord, seized the throne with the help of the Vanir Empire. And Crowe, the King of Midgard, was secretly killed.
Fortunately, King Crowe’s children managed to survive the ordeal. The Great Sage Blean saved Princess Linna, Crowe’s adopted daughter, while Prince Forseti narrowly escaped the killing because he was on an expedition in Eton.
Just as King Hodr thought everything was set in stone, the Vanir Empire turned against him and attacked Midgard.
The chaotic situation gave Forseti the opportunity to fight back with the support of the former Midgardian Royal Guards and Knights.
And the story continues…
In Midgard Saga, players will be able to play with ease using simple controls. The game allows the players to choose their heroes and skills before every battle and enjoy the beautiful graphics and intense combat.
Additionally, players can win battles with strategies, mixing and matching heroes toward victory.
Moreover, players can create a victory path for their heroes. The game lets them equip heroes with skills and gear of their choice to develop their characters any way they like.
What is Bybit?
Established in March 2018, Bybit is a cryptocurrency exchange. It offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support.
Bybit is a proud partner of a Formula One racing team, Oracle Red Bull Racing; esports teams Natus Vincere (Navi), Astralis, Alliance, Virtus.pro, Made in Brazil and Oracle Red Bull Racing Esports; and association soccer teams Borussia Dortmund and Avispa Fukuoka.
Yeeha Games Plan
Bybit GameFi platoform Yeeha Games is seeking to shake up the playing field in GameFi.
From the historic global market collapse to the coronavirus pandemic, billions of people have dealt with enormous uncertainty and volatility in less than two years. But aside from the negative events, history will also remember 2022 as the year where opportunities emerged.
More than ever, the capacity to remain agile and connected virtually is crucial to making gaming more accessible to gamers worldwide.
In recent years, a notable narrative in the gaming industry has been the role of uninspiring gameplay and dull graphics. Yeeha Games is looking to shake that up.
Cheong believes that play-to-win games with weak gameplay tire gamers.
He says, “Here at Yeeha Games, we’re all about the connections, the immersive experience, the exhilaration of knowing that there is always a way up, a way out, and a way into a whole new world of discovery.”
He adds, “Where others create a normalized playing field, we connect gamers across global communities to build and experience their very own versions of a digital and virtual world. Whichever world you find yourself playing in, we invite you to level up in ours.”
Changing gaming forever
The vision and plans of Yeeha Games could potentially change gaming forever.
Yeeha Games is building an ecosystem that offers high-quality games to gamers worldwide. Meanwhile, it also provides a platform for creators and gamers to come together to experience new ways of gaming — together.
Yeeha Games has been working closely with multiple game studios.
The Bybit GameFi platform aims to create quality games that are entertaining and fun to play. It seeks to drive user engagement and retention.
“Traditionally, communication between gamers and game developers is not so straightforward; we want to break down barriers and build trust and transparency between the parties.” Cheong adds. Their platform will empower gamers to own the games they love. It will allow them to participate and engage in direction of each game.
Game studios that release their games on Yeeha Games can leverage the ecosystem. The benefits include a network of gamers and support from industry experts.
Those who sign up will enjoy priority access to all games within the ecosystem.
On one hand, traditional games operate within themselves, meaning in-game assets are obsolete outside of the games.
On the other hand, the platform allows users to transfer or exchange their assets and switch between games easily within the ecosystem.
To put it simply, gamers have the freedom to experience a wide variety of games without worrying about sunk costs.