Pantera Partner: What are the innovations of L3 game chain B3 based on Base?

Original title: B3

Original author: Paul Veradittakit, Pantera partner

Original translation: 0xjs, Golden Finance

Over the past decade, the emergence of smart contract blockchains has triggered a wave of innovations such as decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). These advances have not only reshaped the financial services landscape, but also enhanced various industries, including the gaming industry.

The popularity of public chain standards (e.g., Ethereum NFT's ERC-721 standard) makes it easier than ever for in-game items to interoperate with not only a wider variety of games, but also with the decentralized finance (DeFi) stack. As a result, in-game assets (avatars, skins, land, currencies, etc.) can now be truly owned and financialized like traditional assets (real estate, public and private equity, etc.). As a result, gaming economies can benefit from greater liquidity and price discovery for cosmetics and in-game currencies.

However, while the original crypto gaming theory remains intact, many developers are frustrated by the critical gap between what on-chain game developers want and reality. Game developers seek a seamless user experience (UX), unified liquidity, one-click deployment, and compatibility with crypto on-ramps. But today, they are often faced with fragmented UX, broken liquidity across multiple chains, high Rollup-as-a-Service (RaaS) overhead, and lack of compatibility with deposits.

B3 changes that!

B3 Overview

Developed by NPC Labs, B3 is a horizontal ecosystem of L3 blockchains built on Base, focused on crypto gaming.

Base has quickly become one of the premier L2 blockchains in the crypto ecosystem, largely due to its partnership with Coinbase. Since launching in August 2023, Base has been profitable, growing, and sticky. Today, Base has the second-largest number of L2 wallets (after Arbitrum) and is home to applications such as Uniswap, Friend.Tech, USDC, ThirdWeb, OpenSea, Zora, and many others.

By aligning with Base’s tools and culture, B3 can build a robust L3 gaming ecosystem, solidifying Base’s position as the leading venue for consumer crypto applications.

B3 Stack

1. Security layer: Ethereum, one of the most decentralized and secure first-layer blockchains.

2. Settlement layer: Base, a low-cost, builder-friendly L2 incubated by Coinbase.

3. Blockspace: B3, an L3 that allows for further expansion, provides dedicated blockspace, low gas fees, and faster transaction speeds for gamers.

4. B3 Rollup Network: B3 achieves horizontal expansion through sharding at the application layer, orchestrating dedicated sidechains for applications, games, and compute-intensive operations.

5. Discovery layer: Join.B3.Fun acts as a discovery layer for on-chain games, serving as a front-end landing page and game launcher where players can discover and play B3 rollup/games with seamless cross-chain UX.

Today on B3, you can play popular on-chain games such as Dino Runner 3D, Anomaly Pinball, PewPew Tap, and more on web, mobile, desktop, and Telegram!

Key Players and Their Contributions

At the heart of B3 is its team, which has ~20 years of experience in the crypto ecosystem. Additionally, the team has demonstrated incredible team-market fit, leading Base to grow its business and ecosystem from zero to one.

· Daryl Xu serves as Chief Executive Officer (CEO) of B3. Previously, Daryl led Base’s gaming and login ecosystem during his tenure at Coinbase. There, he built impactful partnerships with on-chain developers, builders, and Web2 game studios.

· Viktoriya Hying serves as Chief Product Officer (CPO) of B3. She previously led Base's social and creator ecosystem, building partnerships with on-chain platforms, enterprises, and web2 brands.

· Sean Geng serves as Chief Technology Officer (CTO) of B3. Sean previously served as an engineering manager at Coinbase, responsible for the development of Coinbase Wallet and Coinbase NFT, and founded two companies before that.

Pantera is excited to lead B3 (NPC Labs)’s $18M funding round in July alongside other great investors including Mirana Ventures, Collab+Currency, Sfermion, Bitscaple Capital, and Mantle EcoFund.

Conclusion

In summary, B3 represents a significant shift in the Base gaming ecosystem, addressing key challenges faced by on-chain game developers.

By providing a seamless user experience, unified liquidity, and enhanced compatibility with crypto on-ramps, B3 will revolutionize the crypto gaming landscape. With strong leadership, innovative technology, and strong investor support Pantera believes B3 will become a key player in the future of blockchain gaming.

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