1. Overview

B3 is an innovative, horizontally-scaled gaming ecosystem built by the Base alumni team . It aims to integrate blockchain technology with gaming, enabling seamless and scalable gaming experiences. The platform is governed by the Player1 Foundation, This supports Ethereum Virtual Machine (EVM) chains and provides infrastructure for game developers. The platform leverages decentralized principles to create an inclusive and interoperable gaming environment.

2. Key Insights

One-liner Summary:

B3 is a modular gaming ecosystem that enables seamless Web3 integration, empowering developers with on-chain tools and offering players rewarding, decentralized gaming experiences.

Product Highlights:

B3 Core – A modular on-chain gaming infrastructure designed to provide developers with customizable tools for building scalable and interoperable blockchain games.
B3 Games – A lineup of engaging Web3-native games, leveraging decentralized economies and NFT-powered assets to enhance player ownership and engagement.
B3 Marketplace & Economy – A robust digital asset marketplace and in-game economy, allowing secure peer-to-peer transactions and sustainable monetization for players and creators.

Growth Vision:

Launch of new ecosystem features and developer tools in Q1 2025.
Expansion into emerging gaming markets, targeting India, Southeast Asia, and Latin America.
Sustainable tokenomics to drive long-term user engagement and economic growth.

Recent Developments

Mainnet Launch (August 15, 2024): B3 has launched its mainnet, along with its gaming discovery platform, BSMNT.fun.
Testnet Success: The platform recorded over 367,000 wallets and 47 million transactions within its testnet phase.
Strategic Partnerships: Collaborations with over 20 gaming studios, including Mighty Bear Games, Parallel Studios, Infinigods, Nifty Island, and others.
User Onboarding Initiatives: B3 introduced an XP and BP-based reward system requiring users to link their Telegram accounts and EOA wallets to claim airdrops.
Bridging Asset Solutions: Launched B3 Bridge to allow seamless cross-chain asset transfers.

3. About B3.fun

B3.fun is an innovative gaming ecosystem built on Base network, this aims to revolutionize on-chain gaming by providing a horizontally scaled, hyper-operable environment. Founded by former Base and Coinbase team members, B3.fun focuses on delivering seamless, scalable, and enjoyable gaming experiences for both players and developers.

3.1 How B3 Works:

Layer 3 Superchain Architecture: B3.fun operates as a Layer 3 (L3) network, a top Base, an Ethereum Layer 2 (L2) chain. This structure allows B3 to offer dedicated blockchain space for games, ensuring high performance with low transaction fees and fast processing times.
GameChains: Each game within the B3 ecosystem runs on its own GameChain, a specialized blockchain tailored to the game's specific needs. This design provides developers with control over their game's environment while maintaining interoperability within the broader B3 network.
Chain Abstraction Technology: Powered by Sprinter, B3's chain abstraction technology enables developers to create games that function seamlessly across multiple chains. This approach reduces complexity and enhances the gaming experience by allowing interoperability without the need for players to manage different networks.
Builder Points (BP): To incentivize engagement, B3 offers Builder Points, an on-chain reward system for developers and players. Developers can integrate BP into their games to reward users, fostering a thriving community and enhancing the overall ecosystem.

3.2 BSMNT.fun Platform:

Players can explore and access a variety of games through BSMNT.fun, B3's game discovery platform. This hub allows users to discover new games, mint NFTs, and enjoy a seamless gaming experience without the need for extensive crypto knowledge.

For Players:

Game Discovery: Explore a diverse selection of on-chain games across genres like action, adventure, role-playing, simulation, and more.
Seamless Experience: Engage with games directly through the platform without the need for extensive crypto knowledge, as the platform handles authentication and onboarding.

For Developers:

Development Tools: Access a comprehensive suite of tools and documentation to build and integrate on-chain games efficiently.
Builder Points (BP): Participate in the Builder Points program to earn and distribute BP to players, enhancing engagement and incentivizing gameplay.
Decentralized Deployment: Utilize decentralized networks like IPFS for hosting and deploying games, ensuring true ownership and censorship resistance.

4. Funding & Founders Information

Funding Details:
- B3.fun raised $21 million in a Seed round on July 22, 2024, to accelerate its vision of a scalable on-chain gaming ecosystem.
- Investors: The round was led by Pantera Capital, Hashed Fund, Mirana Ventures, Sfermion, and Bitscale Capital.

Founders & Team: B3 was co-founded by a team of former Coinbase and Base employees who played pivotal roles in scaling the platform from inception to its current state. The prominent founders include:
- Daryl Xu : Co-Founder CEO
- Sean Geng : Co-Founder
- Viktoriya Hying: Co-Founder

5. Tokenomics

5.1 Overview

Token name: $B3 (Base)
Chain: Base
Total Supply: $100B
Market cap : $175M

5.2 B3 Token Allocation Breakdown

Community & Ecosystem: The B3 ecosystem—built for gamers. It supports airdrops, tournaments, playtests, community grants, R&D, and more, ensuring that the ecosystem thrives for those who actively participate.
Foundation: The allocation funds the Player1 Foundation, helping drive B3 and Open Gaming’s vision. It covers strategic grants, partnerships, legal compliance, audits, and essential operational costs.
Team & Advisors: Reserved for core contributors and 18 top-tier advisors from both AAA gaming and Web3. Their allocation follows a 4-year vesting schedule with a 1-year 25% cliff, followed by monthly unlocks.
Investors: The investors who backed B3’s development, including 100+ industry angels from gaming, Web3, brands, and infrastructure. The vesting schedule is the same as for the team and advisors: 4 years, 1-year 25% cliff, and monthly unlocks thereafter.

Roadmap & Future Development

Q1 2025: Expansion of ecosystem tools, enhanced API functionality.
Q2 2025: Introduction of governance framework for Player1 Foundation.
Q3 2025: Launch of additional gaming titles and deeper integration with Layer 2 scaling solutions.
Q4 2025: Strategic expansion beyond gaming into metaverse and NFT-based economies.

Closing Thoughts

B3.fun is set to revolutionize on-chain gaming with its scalable infrastructure, strong partnerships, and developer-friendly approach. The project's seamless user experience and robust multi-chain compatibility position it as a key player in the Web3 gaming landscape. While some details about tokenomics and funding remain undisclosed, its rapid adoption signals strong backing and potential for long-term success.