Nexus Interactive, a prominent player in the Web3 gaming and entertainment sector, has announced a significant development in its ecosystem by integrating with Coinbase’s smart wallet. This move is expected to enhance the gaming experience for users by simplifying the way players own, trade, and monetize in-game assets through blockchain technology. The integration also leverages the studio’s native NXI Token to facilitate secure on-chain transactions of non-fungible tokens (NFTs).
As a leading Web3 gaming startup, Nexus Interactive offers an innovative platform that empowers users to participate in and influence virtual environments. By incorporating the Coinbase smart wallet, the company aims to streamline access to its ecosystem, allowing users to interact with the platform effortlessly through the use of passkeys. This integration is set to improve the user journey, removing barriers that previously hindered the onboarding process into the Web3 space.
One of the key advantages of using smart wallets is the simplicity it brings to the onboarding process. Nexus Interactive’s ecosystem allows users to set up a wallet in just a few seconds, eliminating the need for complex setups like downloading separate applications or managing seed phrases. Furthermore, users who utilize this smart wallet will experience a gasless environment, removing the need for transaction fees, which is often a stumbling block for newcomers to blockchain-based platforms.
Smart wallets are designed with next-generation security features that bypass the need for manual recovery phrases. Instead, users can secure their wallets using familiar authentication methods such as Face ID, fingerprint recognition, or hardware keys like Yubikey. Additionally, thanks to the Base Gasless Campaign, users engaging with the platform through a smart wallet will benefit from gas fee credits up to $15,000, enhancing the cost-effectiveness of their experience.
This strategic integration with Coinbase’s smart wallet positions Nexus Interactive as a key facilitator in advancing Web3 adoption. The seamless onboarding process provided by the smart wallet not only offers a secure entry into blockchain gaming but also promotes the mass adoption of decentralized gaming ecosystems. By reducing transaction fees and easing the process of wallet creation, Nexus Interactive is fostering an accessible environment for users to dive into its Web3 gaming platform without the usual technical hurdles.
The CEO and founder of Nexus Interactive, Liam Bacon, expressed optimism about the partnership, emphasizing that the integration of Coinbase’s smart wallet will drastically simplify the onboarding process for new users. He highlighted that players will be able to access the platform just as easily as logging into a traditional website. In addition, the use of smart wallets will unlock a multitude of benefits, including free transactions within the platform, enabling players to enjoy a seamless gaming experience.
Coinbase’s Senior Director of Product Management, Sid Coelho-Prabhu, echoed similar sentiments, noting that the smart wallet technology simplifies the otherwise complex process of onboarding users into blockchain ecosystems. He emphasized that by removing pain points such as high network fees, intricate account creation, and manual recovery processes, the transition into blockchain-based platforms becomes much smoother. This technology enables Nexus Interactive users to focus on the core gaming experience, without being hindered by complicated onboarding procedures.
Nexus Interactive’s rise as a pivotal platform for Web3 gaming continues to attract attention from developers and gamers seeking to create scalable blockchain-based games. With a robust suite of solutions that span game development, publishing, and community-driven content creation, the platform has established itself as a leader in the Web3 gaming industry.
The in-house studio, Nexus Play, has produced popular games like Everdawn: Champions and Questing Realms, which have collectively generated over $2 million in revenue and drawn a community of over 100,000 members. Nexus Interactive has also developed Nexus Build, a Web3 publishing arm designed to help third-party developers launch new blockchain-based games within its ecosystem. This interconnected platform fosters collaboration between developers, content creators, and players, driving collective growth in the Web3 space.
To support the community aspect of its ecosystem, Nexus Share, an AI-powered user-generated content program, has been introduced. This initiative encourages users to contribute to the Nexus ecosystem and share in the value they help create, further solidifying the community-driven nature of the platform.
In August, Nexus Interactive secured $2 million in funding, with leading Web3 venture capital firms such as Animoca Brands spearheading the investment. The funds are expected to fuel further expansion of the company’s gaming ecosystem and facilitate the onboarding of additional Web3 projects.
The team behind Nexus Interactive boasts a wealth of experience, having contributed to the development of successful blockchain games like Splinterlands and Gods Unchained, which have both generated significant revenues and attracted millions of users. Their collective experience from working with top-tier game studios such as Activision, Rockstar Games, and Electronic Arts positions Nexus Interactive as a major force in the growing Web3 gaming industry. Future plans include launching new titles, such as a mobile-based builder game and an open-world MMO, further cementing Nexus Interactive’s influence in the space.
By leveraging Coinbase’s smart wallet, Nexus Interactive has solidified its commitment to making blockchain gaming more accessible, seamless, and rewarding for its growing community.