Overview

The program is aimed at experienced Web2 development teams, helping them transition into the GameFi space while providing support for building and nurturing sustainable Web3 gaming projects. To facilitate this, a dedicated $10 million fund has been allocated to fuel innovation, provide robust support for promising projects, and drive the growth of the GameFi ecosystem on the Metis Layer 2 network. During the 3-6 month incubation period, projects will receive support at every developmental stage, including technical assistance and strategic advice to help navigate their Web3 gaming journey.

By addressing Ethereum challenges while fostering innovation, Metis provides a robust foundation for GameFi projects. Furthermore, its strategic partnership with ABGA, a Web3 gaming club, and Google Cloud, a leader in high-performance cloud infrastructure, data analytics, and AI, offers comprehensive support and valuable insights into the GameFi business model and blockchain development for gaming teams.

Prize Pool

1. Support from Metis

  • $10 Million Metis Grant: The grant amount will be milestone-based and will vary according to different projects without a typical budget limit.
  • Cutting-Edge Technology from METIS
  • In-depth GameFi industry research and insights
  • Expert mentorship in tokenomics design and implementation
  • Strategic advice on go-to-market strategies tailored for Web3 gaming
  • Technical support for blockchain integration and development
  • Co-marketing, branding, and community support to enhance project user acquisition
  • Guidance on token listing processes and liquidity management strategies
  • Opportunities to connect with various resources from gaming and Web3 industries

2. Support from ABGA & ICC

  • Investment opportunities through the ICC Gaming Eco Fund
  • Comprehensive advisory support to help projects succeed in the Web3 gaming sector, covering everything from tokenomics design to marketing strategy
  • Connecting top-tier resources across the Web3 gaming ecosystem

3. Support from Google Cloud

Up to $200,000 USD over 2 years for Google Cloud and Firebase usage covered in:

  • Year 1: 100% up to $100,000 USD in Google Cloud credits
  • Year 2: 20% up to an additional $100,000 USD in Google Cloud credits
  • $12,000 USD in Google Cloud Enhanced Support credits for one year
  • 12 months of free Google Workspace Business Plus for new sign-ups

Targeting Projects

  • Mini apps on TON
  • High-quality games that have been in development for a while and have a playable product (demo)

Evaluation Policy

The evaluation policy for projects applying for the program includes, but is not limited to, the following:

  1. Have the potential to revolutionize the gaming industry through blockchain integration.
  2. Have developed a Minimum Viable Product (MVP) to demonstrate their concept.
  3. Align closely with Metis's strategic goals, such as fostering innovation, enhancing community engagement, and
  4. contributing to the overall growth of the Metis ecosystem.
  5. Demonstrate a basic understanding of blockchain gaming, present a comprehensive project plan, and show potential
  6. for long-term sustainability and positive community impact.
  7. Have a project development journey that is independently robust and sustainable.
  8. Are capable of developing a product or technology with significant competitive advantages.

Incubation Stage

Initial Stage:

  • The project has already developed a Minimum Viable Product (MVP) demonstrating its core functionality and value proposition. Additionally, it has formulated a comprehensive and well- structured business model that outlines its revenue streams, target market, and growth strategies. At this stage, the project is actively seeking investment and or layer1/2 ecosystem grants to support the development of the Web3 GTM framework and enhance its business model.

Growing Stage:

  • The project has successfully completed fundraising or initial grants, demonstrating investor/ supporter confidence and market traction with a growing user base. Well-positioned in the blockchain gaming ecosystem, it's now entering a critical development phase. The team is preparing to launch its native token for the in-game economy and is engaging with exchanges for potential listings.

Mature Stage:

  • The project has successfully secured listings on reputable exchanges, demonstrating market validation and liquidity for its token. The team is now focused on expanding its ecosystem development. They are actively expanding their community and enhancing their tokenomics model based on data and user feedback.

About Metis

Metis is the first Layer 2 to implement a decentralized sequencer powering the next generation of decentralized applications.

Website: https://www.metis.io

About ABGA

ABGA is a groundbreaking club centered around Web3 games, supported by prominent institutions in the Web3 industry. By integrating the collective strength of the Asian gaming industry, ABGA is dedicated to shaping a promising future for the global Web3 gaming arena.

Website: https://www.abga.asia

About Google Cloud

Google Cloud provides public cloud computing services including a series of managed services for compute, storage, and application development that run on Google hardware.

Website: https://cloud.google.com/