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SEED Secures Investment from Sui Foundation to Build a 100M-User Web3 Gaming Ecosystem on Sui
In a significant development, SEED, the leading Play-to-Earn Telegram Miniapp with over 60 million players, has secured an investment from the Sui Foundation. This strategic partnership aims to establish a pioneering Web3 gaming ecosystem on the Sui blockchain, focused on building a next-generation on-chain gaming experience.
As part of this collaboration, SEED and Sui will work together to unlock the transformative potential of blockchain technology in the gaming space. By leveraging Sui’s innovative infrastructure and unmatched scalability, SEED will empower developers and accelerate innovation within the Web3 ecosystem.
The joint vision is to create a self-sustaining gaming ecosystem that combines sustainability, scalability, and innovation. The partnership aims to establish a blueprint for future Web3 games, with the ultimate goal of establishing a 100 million-user strong ecosystem on Sui.
“We believe in partnering with ecosystems that drive real impact,” said Dees, CEO of SEED. “Choosing Sui as our technical backbone, with its unmatched scalability, efficiency, and developer-friendly architecture, enables us to empower builders and accelerate innovation. With Sui, we’re equipped to deliver on our mission at a whole new level.”
Christian Thompson, Managing Director of the Sui Foundation, echoed this sentiment: “Our partnership with SEED reflects a shared vision of leveraging blockchain technology to improve the gaming experience. By leveraging Sui’s innovative infrastructure and unmatched scalability, we are excited to co-create a self-sustaining Web3 movement that empowers developers and engages millions of users worldwide.”
The collaboration will focus on building a robust ecosystem through several key initiatives:
1. Developing a next-generation on-chain gaming platform that combines sustainability, scalability, and innovation.
2. Establishing a sustainable business model for the gaming industry through play-to-earn mechanics and gamification.
3. Building a strong developer community to create engaging and interconnected gaming experiences.
By working together, SEED and Sui aim to set a new standard in Web3 gaming, creating a blueprint that can be replicated across the industry.
The Sui Foundation’s investment will enable SEED to further accelerate its growth, solidify its position as a leading player in the Web3 gaming space, and build a strong foundation for future innovation and expansion.
As part of this partnership, SEED will have access to Sui’s resources, expertise, and network. The collaboration also includes research initiatives on fully on-chain games, tools and infrastructure for builders, and hosting programs to support developers within the ecosystem.
The combined efforts will create a new wave in Web3 gaming, empowering users worldwide with an immersive and sustainable experience that combines the best of blockchain technology with innovative gameplay mechanics.
Source: crypto-economy.com
