ABGA and Metis announced a strategic partnership and teamed up with Google Cloud to launch the GameFi Quantum Leap accelerator program. This program aims to help professional game development teams smoothly transition from Web2 to the GameFi field, providing comprehensive guidance, support, and resources needed for project development. The purpose of this collaboration is to ensure the long-term development and success of these promising game projects by assisting developers in entering the Web3 gaming field.

The GameFi Quantum Leap accelerator program will be officially launched at the InnoBlock 2024 conference held at the Singapore Expo Center at 10:50 am on September 17th. The launch ceremony marks a new chapter in the evolution of Web3 games. Through close collaboration among the three parties, this moment will become an important milestone in driving industry change.

Metis will provide powerful infrastructure for game developers to assist in addressing key limitations of Ethereum. With its fast transaction processing speed, Metis is highly suitable for real-time gaming, and its low gas fees also support frequent in-game transactions. In addition, Metis' highly secure decentralized storage can effectively protect game assets and user data, and the decentralized sorter ensures the continuous and stable operation of the system by eliminating single points of failure. Metis' interoperability also supports seamless integration with other blockchains, facilitating the transfer of assets and data, helping developers build multi chain ecosystems, and further expanding the impact of projects.

Metis provides numerous advantages for start-up teams, including comprehensive GameFi industry research and professional guidance on Web3 business model design and execution. Developers will also receive strategic advice and marketing plans for Web3 games. In addition, Metis will provide joint marketing activities, brand promotion, community interaction, and expert advice on token listing and liquidity management strategies for start-up teams.

ABGA will provide valuable resources from GameFi and the traditional gaming industry to game development teams, endowing them with the key tools necessary for project success. By guiding Web2 game projects to smoothly transition to the Web3 field, ABGA helps developers create innovative and fun blockchain gaming experiences.

Google Cloud has accelerated the digital transformation of various organizations. In this strategic partnership, Google Cloud provides public cloud computing services covering computing, storage, and application development, which run on Google Cloud Platform (GCP). With these technological supports, developers can focus on creating engaging games without worrying about infrastructure management, scalability, or security issues.

Regarding the Accelerator Program

This program aims to assist experienced Web2 development teams in smoothly transitioning to the GameFi field, while providing comprehensive support for building and nurturing sustainable Web3 gaming projects. To promote this goal, the project has set up a special fund of up to $10 million, dedicated to promoting innovation, providing strong support for promising projects, and driving the continued growth of the GameFi ecosystem on the Metis Layer 2 network. During the incubation period of 6 to 12 months, the project team will receive comprehensive support at various stages of development, including technical assistance and strategic guidance, to help them smoothly embark on their Web3 gaming journey.

Planning framework

The funding from the $10 million fund will be tailored to the specific needs of the project and will not have a fixed budget limit. This accelerator program will incubate 12 projects, covering various stages from early concepts to maturity, ensuring innovation is promoted at all levels. The incubation period of 6 to 12 months provides ample time for the comprehensive development and improvement of the project. The funding model based on breakthroughs in project outcomes will ensure personalized support at different stages of project development, helping each project fully realize its potential and make significant contributions to the Metis ecosystem.

Evaluate policies

The evaluation criteria for applying for a project include but are not limited to the following points:

Has the potential to revolutionize the gaming industry through blockchain integration, has developed the Minimum Viable Product (MVP) that showcases core concepts, and is highly aligned with Metis' strategic goals of driving innovation, enhancing community engagement, and promoting ecosystem growth. It demonstrates a basic understanding of blockchain gaming, has detailed project plans, and has the potential to achieve long-term sustainability and positive community impact. It has an independent and sustainable project development path and the ability to develop products or technologies with significant competitive advantages

In addition, reapplication will require a one week wait and a three time elimination system will be implemented.

Incubation stage

·Initial stage: The project has developed the Minimum Viable Product (MVP) that demonstrates core functionality and value proposition, and has developed a comprehensive and well structured business model with clear revenue sources, target markets, and growth strategies. At this stage, the project team actively seeks investment and funding from the Layer1/Layer2 ecosystem to support the development of the Web3 GTM framework and optimize its business model.

·Growth period: The project has successfully completed financing or obtained initial funding, demonstrating the trust of investors and supporters, and showing initial attractiveness in the market, with a continuously growing user base. The project occupies a favorable position in the blockchain gaming ecosystem and is entering a critical stage of development. The team is launching native tokens for the in-game economy and negotiating with the exchange for listing.

·Maturity period: The project has successfully been listed on a well-known exchange, demonstrating market validation and good liquidity of the token. At present, the team is focused on further developing the ecosystem, actively expanding the community, and continuously improving the token economy model based on data and user feedback.

Metis and ABGA teamed up with Google Cloud to bring new opportunities for experienced Web2 development teams to enter the Web3 gaming market through the GameFi Quantum Leap Accelerator program. We sincerely invite you to join us and embark on a new journey with GameFi!

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