Data from Statista shows the blockchain gaming market reached $4.6 billion in 2022, with a projected compound annual growth rate of 70.3% through 2030. Funtico, a Web3 gaming platform based in Tortola, British Virgin Islands, announced integration with FunNFT Marketplace. This partnership brings Funtico’s Game Pass NFTs into FunNFT’s ecosystem, providing access to tournaments and in-game assets for players. The move aligns with trends in blockchain technology adoption within gaming.
What Happens in the Mystery Tournaments?
Funtico and FunNFT launch Mystery Tournaments on March 14, 2025. Players with Game Pass NFTs, available through FunNFT Marketplace, can participate. The tournaments feature three games, offering a prize pool of 1,500 USDT and 75,000 $TICO, Funtico’s native token. USDT is a stablecoin tied to the U.S. dollar, while $TICO functions within Funtico’s reward system. The event tests how digital assets connect to competitive play, providing players with rewards linked to performance.
How FunNFT Connects to Funtico’s Platform
FunNFT operates on TorusChain, a blockchain network supporting collectibles, rental NFTs, and royalty NFTs with zero gas fees. Funtico integrates FunNFT’s Game Pass NFTs into its system. Players use these assets to enter tournaments and compete on leaderboards. Rewards depend on results. This structure links ownership to gameplay and supports Web3 gaming adoption by enabling asset use across platforms.
Network Access through FunNFT and TorusChain
The partnership provides Funtico access to FunNFT’s community of creators and collectors, plus TorusChain’s network. TorusChain reports connections to over 4 million influencers, reaching more than 1.8 billion followers. The exact number of active gamers within this audience remains unclear. Funtico aims to expand its player base through this exposure, relying on community participation to increase engagement.
Funtico operates a platform for competitive gaming with blockchain integration. It focuses on tournaments and play-to-earn mechanics, where rewards reflect skill and strategy. Decentralized systems ensure transparency and accessibility. FunNFT, built on TorusChain, serves as a marketplace for digital assets, including rental and royalty NFTs. Both companies use Web3 technology to connect gaming with digital ownership.
Impact on Gamers and the Industry
Newzoo data indicates 2.8 billion gamers worldwide in 2023. Web3 platforms like Funtico target this group. The integration allows players to own assets with value across platforms. Adoption depends on usability and reward value. Companies gain potential for player retention through interconnected systems. Competitors such as Axie Infinity and The Sandbox operate in this space, indicating market activity.
Blockchain gaming revenue may reach $50 billion by 2030, based on Statista’s projected growth rate. Funtico and FunNFT test a model combining digital assets, tournaments, and community networks. Success requires effective technology, fair reward distribution, and sufficient player participation. The Mystery Tournaments mark an initial step in this effort.
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