Major Production Blockchain Game Opens Closed Beta, Comparison of Progress on Three Major Projects

The gaming industry saw significant financing in 2022, with several major blockchain game projects starting internal testing one after another. This article will compare and analyze the internal testing situation and asset value of three games: Bigtime, Illuvium, and Parallel.

Bigtime

Bigtime is a AAA multiplayer RPG game developed by a team led by Ari, co-founder of Decentraland. The project has raised $21 million in funding and generated over $80 million in revenue through the sale of game assets.

Internal Test Gameplay ###

• Internal testing started in April 2022, with access granted in batches through VIP passes.
• Rare NFTs can be obtained in the game and traded on the Openloot market.
• Plan to launch the game token TIME, generated solely through game output.
• Launch monthly airdrop events to distribute utility NFTs

market capitalization

• The total market value of Space NFT is approximately 88 million USD.
• Support for traditional payment methods such as credit cards to purchase NFTs

User Status

• Many well-known guilds participate in the internal test
• The official website receives 150,000 visits per month, mainly from the United States and the Philippines.

Illuvium

Illuvium is an open-world RPG game founded by the brothers who are co-founders of Synthetix. The project has raised $5 million in seed funding and has raised over $100 million through token and NFT sales.

Internal Test Gameplay

• The three game modules Arena, Overworld, and Zero are successively opening for testing.
• Use Fuel as in-game currency, divided into three purposes.
• Planning to launch Illuvitar NFT collection game

Market Capitalization

• The market value of land NFTs is approximately 36 million USD.
• The circulating market value of ILV tokens is $180 million, with a total market value of $790 million.

User Status

• Zero test limits participation to 20,000 landholders.
• The official website has a monthly traffic of 500,000, mainly from the United States and France.

Parallel

Parallel is a sci-fi style collectible card game, with team members from several AAA games. The project is valued at $500 million and has received $50 million in investment.

internal test gameplay

• A one-month closed beta test began in February 2023.
• Plan to airdrop PRIME tokens to test participants
• Game modes include 1V1, 3V3, and draft.

Asset Market Value

• The circulating market value of PRIME tokens is $62 million, with a total market value of $350 million.
• 1239 types of NFT assets, total of 6 million pieces

User Situation

• Obtain testing qualifications by applying for and purchasing the Alpha Pass
• Monthly visits to the official website surged to 500,000, mainly from North America.

Summary

All three games are developed by experienced teams with significant funding. Bigtime focuses on gaming, while Illuvium and Parallel are evolving into platforms based on gaming. In terms of user accessibility, Bigtime supports traditional payment methods, making it easier for ordinary users to adopt. Overall, large-scale blockchain games are gearing up for launch, and their future development is worth looking forward to.