UniX Gaming expands to Web3 Development with UniX Labs
UniX Gaming (UNIX), a DAO bridging the gap between traditional and Web3 gaming, is expanding its horizon to Web3 B2B web development after launching a new, standalone web development arm called UniX Labs.
UniX Labs’s team of experienced game designers, blockchain economists, artists, and developers has set out to build custom solutions for businesses that want to hitch a ride into the much-talked-about Web3, a new buzzword in the ever-colorful crypto space.
Web3 is touted as the future of the internet and integrates a slew of crypto concepts such as decentralization and cryptocurrency.
Apart from believing that the young play-to-earn sector is shifting towards play-to-own, UniX Gaming foresees a future where businesses will gain a competitive edge by transitioning to Web3.
Unix Labs, the bridge to Web3
UniX Gaming wants to strategically position itself as the go-to development house for Web3 applications and integration. This makes sense as traditional firms like Tesla, Apple, Meta, Twitter, Instagram, IBM, Netflix, and more are investing in Web3.
With this in mind, UniX Gaming has identified a market gap and is ready to exploit it. In broad terms, UniX will develop bespoke solutions for companies that want to jump into the Web3 bandwagon.
In reality, it will be offering a basket of services that companies can cherry-pick from. It will offer game development and gamification. This includes adding Web3 features to traditional games and creating more engaging user and player experiences.
UniX Labs is also venturing into NFT creation and consulting. NFT, or non-fungible tokens, are part of the reason why crypto gamification has been successful by granting players access to ownership of in-game assets that they can sell and convert to cryptocurrency or fiat currency.
UniX Labs will also launch new NFT collections and develop NFT marketplaces like OpenSea from scratch. NFT marketplaces enable the buying and selling of non-fungible tokens. Last year, the NFT sales volume dropped 83% to $2.37 billion due to the ongoing crypto winter. There will likely be a resurgence in NFTs as the crypto winter slowly thaws.
UniX Labs will also focus on smart contract security and audit. From its website, UniX Labs can improve existing smart contracts, enhance transparency, improve security, and automate business operations with smart contracts. Smart contract vulnerability has always been the key point for hackers who have drained millions of dollars after exploiting them.
Other areas of interest for UniX Labs include DAO creation.
UniX Gaming’s focus on the future of Web3 may not come as a surprise after all. The company has already found success in it.
UniX Gaming: the past and the present
UniX Gaming is a beneficiary of the growing interest in crypto gaming. The firm raised $28 million in 2021 from backers that include LD Capital AU21, Akash Network, Pluto Digital, Argo Blockchain, and a few other names.
As has become the norm with most crypto-focused companies, UniX has a token – the UNIX token – that powers the ecosystem.
Coingecko’s data show that the UNIX token has appreciated by 14% in the last 14 days. It remains to be seen how the launch of UniX Labs will impact UNIX’s token price.