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The inaugural version of the Gam3 Awards — a brand new Web3 gaming awards occasion hosted by Polkastarter Gaming — is about to happen on Dec. 15, in accordance with an announcement offered to Cointelegraph on Nov. 14.

The awards ceremony intends to acknowledge this yr’s greatest Web3 video games, spotlight the builders behind them, and showcase blockchain as a internet plus to the gaming business. Within the announcement, the Gam3 Awards stated it hopes to have a good time the longer term era of Web3-gaming builders by inviting recreation studios to appoint and acknowledge their very own workers, builders and professionals throughout specializations who characterize the way forward for Web3 gaming.

The occasion is about to be concurrently broadcast throughout Polkastarter Gaming’s Twitch, YouTube and Twitter channels and can characteristic a jury comprising over 30 gaming and Web3 thought leaders, ecosystem companions and media shops. Winners of the primary Gam3 Awards will obtain a portion of the $300,000 value of prizes from sponsors corresponding to ImmutableX, Blockchain Recreation Alliance, Machinations, Naavik and Extremely.

The occasion is about to deliver collectively business leaders, ecosystems and media shops to reward the highest recreation builders and content material creators inside the Web3 gaming ecosystem. Talking with Cointelegraph, a consultant confirmed that the enterprise capital agency Bitkraft would even be becoming a member of as a associate and member of the jury.

Judges will weigh every recreation primarily based on a number of standards together with core loop, graphics, accessibility, replayability issue, enjoyable parts and total taking part in expertise. Winners can be awarded primarily based on classes corresponding to “motion recreation,” “cellular recreation,” “journey recreation,” “informal recreation,” “RPG,” “shooter recreation,” “graphics,” “technique recreation,” “card recreation,” and so on.

Associated: Crypto gaming must be enjoyable to achieve success — Cash doesn’t matter

Regardless of the persevering with bear market, Web3 and blockchain-based video games look like rising in reputation and doing fairly nicely. In accordance with the analytical service DappRadar, blockchain video games and metaverse initiatives raised $1.3 billion within the third quarter of 2022. The corporate’s analysis revealed that “gaming exercise accounted for nearly half of all blockchain exercise tracked by DappRadar throughout 50 networks, with 912,000 day by day Distinctive Energetic Wallets (UAW) interacting with video games’ sensible contracts in September.”