Web3 Watch: Classic fighter Samurai Shodown comes to Sui

Plus, TapSwap plans to solve tap-to-earn with an all-new Web3 gaming platform

article-image

zef art/Shutterstock modified by Blockworks

share

Sui, the MoveVM-based layer-1 blockchain, announced last Thursday that the roleplaying game Samurai Shodown R will be available on its upcoming SuiPlay0X1 handheld gaming device.

Samurai Shodown was a classic 1993 Sega fighting game that was re-released as a massive multiplayer online roleplaying game (MMORPG) in 2019. 

The new Samurai Shodown R is developed by Lumiwave, a blockchain company focused on bringing intellectual property onchain.

Anthony Palma, head of gaming partnerships and investments at Mysten Labs, said of the launch: “With Sui’s unique infrastructure, LumiWave is able to deliver a truly seamless Web3 experience, where features like evolving NFTs and in-game asset ownership are not just concepts but fully realized.”

Read more: Crypto gaming may be on the cusp of fresh growth

Making use of Sui’s blockchain technology, Samurai Shodown R will come with Web3 features like dynamically evolving NFTs based on player progression and “zkLogins” with familiar Web2 credentials like Facebook and Google.

TapSwap launches new Web3 gaming layer to improve tap-to-earn

Tap-to-earn games like Notcoin and Hamster Kombat are bogged with problems like user retention, unclear reward structures and plummeting token values.

TapSwap is planning to solve that problem with a new Web3 gaming platform, the team announced on Thursday. The so-called “skill-based” gaming platform will see gamers pay an upfront fee using the TAPS token to compete against one another for rewards.

TapSwap’s new platform aims to connect gamers with game developers, allowing users to earn rewards in the platform’s native TAPS token while letting developers better monetize their games.

Read more: Web3 Watch: Telegram tap-to-earn is the new crypto gaming trend

“The classic pattern is a tap-to-earn token losing most of its value immediately after its first listing on a centralized exchange, distorting the incentive to stay with the project for the long run and contribute to healthy ecosystem development,” said Naz Ventura, the founder of TapSwap. “Such outcomes benefit neither the community nor the projects themselves. To address this, TapSwap has built a gaming platform that adds genuine utility and value to the TAPS token, ensuring players are fairly and transparently rewarded.”

One interesting stat:

  • Zora has distributed at least 10,321 worth of ETH in protocol rewards to creators, according to a Dune dashboard by J.Hackworth.

Also of note:

  • Pudgy Penguins is teaming up with Mythical Games to launch “Pudgy Party” in 2025, an upcoming AAA multiplayer battle royale mobile game.
  • Devour, a gamified commerce platform, launched DevourPlay. The platform allows users to play popular games while ordering food directly in-game from US restaurants and earning digital asset rewards. Devourplay has integrated crypto payments via Coinbase Commerce and also features a blockchain-based loyalty program.
  • WineChain, a blockchain-based wine marketplace, announced on Wednesday a partnership with fine wine specialist Alto to bring over 1200 fine wines to its collections.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter.

Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research

article-image

The announcement followed growing speculation that Gensler would announce his exit before Trump takes office next year

article-image

HashKey’s Jupiter Zheng highlighted three success areas he’s watching: Ethereum, Solana and certain tokens in DeFi

article-image

Jack explored the various AI and memecoin projects that have sprung up over the past month

article-image

If gold remains steady today, a single move from bitcoin to $98,500 would do it

article-image

Revenue estimates for the third quarter come in at $33 billion, which would be an 83% increase from the prior year

article-image

Senator Cynthia Lummis hopes a US strategic bitcoin reserve can be teed up for “adoption in 2025”