B3 (B3)

Gaming Ecosystem

B3 is a Layer 3 blockchain built on the Base network, designed specifically for gaming. It creates an open gaming ecosystem where players can access multiple games with a single account, without needing multiple wallets or bridges. It supports game interoperability, allowing assets and incentives to be shared across games.

User Experience

B3 focuses on seamless onboarding and user-friendly interaction. Players can engage with games instantly, without complicated wallet setups. It enables purchases with fiat or any token on any chain, and unlocks exclusive content or perks based on NFT or token holdings.

Developer Support

B3 offers tools like SDKs, marketing resources, and infrastructure to help game developers build and innovate easily. It provides customizable Layer 3 chains called GameChains for individual games while maintaining ecosystem-wide interoperability.

Token Utility

The B3 token is used for governance, in-game transactions, staking, and accessing special in-game features. It acts as the backbone of the ecosystem, facilitating smooth interaction across games and chains.

Ecosystem Growth

B3 encourages collaboration by sharing liquidity and economic incentives among games. It also adopts a revenue-sharing model similar to major Web2 gaming companies, investing in promising projects and sharing their success.

Technology and Performance

B3 offers low transaction costs, fast processing, and scalability tailored for gaming needs. Its architecture supports over 6 million wallets and hosts around 95 blockchain games, making it a leading platform for Web3 gaming.

Advantages of B3

• B3 is designed as a Layer 3 blockchain built on Base, focusing on onchain gaming with low gas fees and fast transactions.
• It supports a growing ecosystem with AAA game titles and a user-friendly front-end aggregator for gamers.
• The token serves multiple purposes including governance, staking rewards, and in-game transactions, enhancing user engagement.
• B3 offers interoperability and scalability, connecting games and apps in a modular ecosystem.
• It is backed by a team of experienced blockchain and gaming industry veterans.
• B3 has shown potential for price growth and is actively traded on major exchanges like Coinbase.
• The ecosystem encourages collaboration by sharing liquidity, incentives, and audiences among games.
• Integration with tools like Cryptohworth helps streamline financial reporting for gaming revenues.

Disadvantages of B3

• The price of B3 has experienced volatility and some decline since its ICO, reflecting the general unpredictability of crypto markets.
• Market trends show periods of weakening momentum and price drops, indicating risk in price stability.
• The success of B3 depends on adoption by developers, exchanges, and the broader crypto environment, which can be uncertain.
• Some community feedback notes challenges in integrating crypto naturally into gaming experiences.
• B3’s market is relatively small compared to major cryptocurrencies, making it more susceptible to large holders influencing price movements.
• As a newer project, B3 faces competition and the challenge of proving long-term viability in the gaming and crypto space.

Founders and Team

B3 was created by a team of Base/Coinbase alumni and OG Ethereum contributors. The project is developed under the Player1 Foundation, which is dedicated to advancing Web3 gaming infrastructure. The team includes blockchain engineers, gaming industry veterans, and crypto ecosystem experts who share a vision of creating an open and accessible on-chain gaming experience. NPC Labs is the development company behind B3.

Key Individuals

• The CEO of NPC Labs, Daryl Xu, is one of the co-founders and a key figure in the B3 project.
• The team also includes former Coinbase and Base employees who bring experience from those organizations.
• Nikolas Huth is the founder of B3 Capital, a separate crypto investment firm, but not directly listed as a founder of B3.

Summary

B3 was founded by a group of experienced blockchain and gaming professionals, mainly ex-Base and Coinbase team members, led by NPC Labs with Daryl Xu as CEO. The project is supported by the Player1 Foundation.

Investors in B3

The investors in B3 include early investors who hold 20% of the total token supply. Additionally, the Player1 Foundation holds 22.5% for ecosystem development, and the development team and advisors hold 23.3%. The project was developed by former Coinbase engineers, which has attracted retail investor interest. The tokenomics reflect a mix of community, team, foundation, and early investor allocations.

Halal Status of B3

B3 is not explicitly listed or screened in the available halal cryptocurrency lists or Shariah compliance reports. The general guidance from Islamic finance sources is:

• Cryptocurrencies can be halal if the project itself complies with Islamic finance principles, avoiding riba (interest), gharar (excessive uncertainty), and haram activities.
• Since B3 is a gaming ecosystem token developed by the Player1 Foundation, its halal status depends on whether its use and underlying business model comply with these principles.
• No direct fatwa or authoritative Islamic scholar opinion on B3 is available in the provided information.

Conclusion

No definitive halal or haram ruling on B3 is available from the provided data. Therefore, a clear yes or no answer cannot be given based on the current information.