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Gaming Ecosystem

B3 powers an open gaming ecosystem on the blockchain. It provides a platform for developers to create and launch games with low fees and fast transactions. Players can access new weekly games, mint NFTs, and enjoy smooth gameplay experiences across different chains.

Token Utility

The B3 token has several uses within the ecosystem:

• For developers: It can be used to pay fees, gain visibility, and access grants to build games on B3.
• For players: The token facilitates cross-game purchases, special perks, and engagement activities like questing or playtesting.
• For governance: Token holders can participate in shaping the future of B3 through proposals, voting, and joining specialized councils.

Technical Infrastructure

B3 is built as a Layer 3 blockchain on top of Base, offering:

• Dedicated blockspace for gaming applications
• Support for individual app chains with high throughput
• Interoperability across Ethereum, Base, and other EVM-compatible chains
• Integration with analytics platforms for comprehensive on-chain data analysis

This infrastructure allows for more flexible and scalable game development while maintaining connections to the broader crypto ecosystem.

Advantages of B3

B3 offers several benefits for gamers and developers. It provides faster and cheaper transactions compared to other blockchains, making in-game purchases and trades smoother. The platform allows game creators to easily build and launch blockchain games with dedicated blockspace. Players can discover new games weekly through the BSMNT.fun website. B3's compatibility across multiple chains gives users more flexibility.

Disadvantages of B3

While promising, B3 faces some challenges. As a newer platform, it may have a smaller game selection compared to more established blockchains. The technology can be complex for non-technical users to understand at first. Since B3 is built on Base, its performance partly depends on Base's stability and growth. The value of B3 tokens could be volatile as the project is still developing.

Unique Features

B3 stands out with its focus on gaming. It allows developers to create individual app chains with high throughput for their games. The platform integrates with analytics tools so game makers can track important data. B3's horizontal scaling approach helps it handle more users and transactions as it grows.

Founders of B3

The main founders of B3 are:

• Daryl Xu: CEO and former business development lead at Coinbase, where he worked on gaming and onboarding for Base
• Viktoriya Hying: Chief Product Officer who previously led social and creator ecosystems for Base at Coinbase
• Sean Geng: Chief Technology Officer and former engineering manager at Coinbase, working on Coinbase Wallet and NFT projects

These founders bring extensive experience from their time at Coinbase and in developing the Base blockchain. They started B3 to create a gaming ecosystem on Base, leveraging their expertise in crypto, gaming, and blockchain technology.

Major Investors in B3

B3 has attracted several high-profile investors in its seed funding round. Some of the key backers include:

Venture Capital Firms

Pantera Capital led the $18 million seed round. Other notable VC firms involved are Makers Fund, Hashed, and Collab+Currency. These firms specialize in blockchain and gaming investments.

Crypto-Focused Funds

Sfermion, Mirana Ventures, and Bitscale Capital also participated in the funding. These funds focus specifically on crypto and Web3 projects.

Blockchain-Specific Investors

The Mantle EcoFund, which supports projects building on the Mantle network, joined as an investor in B3 as well.

Total Funding

B3 raised a total of $21 million across its pre-seed and seed rounds, with $18 million coming from the seed round alone. This significant investment demonstrates strong confidence in B3's potential to revolutionize gaming on the Base blockchain.

Halal Status

Yes, B3 is considered halal. Many Islamic scholars view cryptocurrencies like B3 as permissible under Islamic law because they function as a medium of exchange and store of value, similar to traditional currencies. B3 doesn't involve interest (riba) or excessive uncertainty (gharar), which are key concerns in Islamic finance. Additionally, B3's transparent and decentralized nature aligns with Islamic principles of fair and ethical transactions.

Key Factors

The halal status of B3 is supported by several factors:

• It serves as a legitimate form of currency and asset
• Transactions are transparent and traceable
• It doesn't inherently involve prohibited activities
• Many respected Islamic scholars have deemed cryptocurrencies permissible

Islamic Finance Compatibility

B3 can be used in ways that are compatible with Islamic finance principles:

• As a medium of exchange for goods and services
• For investment purposes, as long as it's not used for speculation
• In Shariah-compliant trading and investment platforms

Ongoing Considerations

While generally considered halal, Muslims should:

• Use B3 responsibly and ethically
• Avoid excessive speculation or gambling-like behavior
• Stay informed about any changes in Islamic rulings on cryptocurrencies