Despite the ups and downs of the cryptocurrency market, the Web3 and NFT gaming industries continue to attract the attention of business leaders who are betting on technological innovation to drive the entire ecosystem forward.
On February 24, Trip Hawkins, co-founder of Electronic Arts (EA), announced that he would be joining gaming startup Web3 Games for a Living (GFAL) as co-founder and chief strategist.
GFAL develops a set of tools that allow the development of Web3 games. Its main objective is to support the creation of AAA-grade video games that can be easily integrated into the blockchain.
Web3’s Potential to Transform the NFT Gaming Industry
During a press conference, Hawkins stated that “Web3 is the bridge to the metaverse,” which is why he wants to build a more secure and less hackable metaverse.
Furthermore, the new GFAL executive said he will focus on building an economy in the metaverse as close as possible to the real world.
“If we’re going to make a metaverse, the economy of the metaverse has to be more like the real world.”
Hawkins is known in the tech industry for being one of Apple’s earliest employees. He then left Apple to found Electronic Arts, a company with more than 13,000 employees and a valuation of $30.85 billion, according to Macrotrends data.
Electronic Arts is one of the most successful companies in the video game industry thanks to the release of titles such as The Sims, Battlefield, Need for Speed, Mass Effect and the sports video games FIFA and Madden NFL.
Launch of GFAL token pre-sale in March
Hawkins’ signing comes two weeks ahead of the launch of Games for a Living’s native token, $GFAL, which is scheduled for March 9, with a starting price of €0.0038.
Those who want to buy the company’s token can buy it on Seedify, Bit2Me and EnjinStarter, and then wait for it to be released on other exchanges or in “Elemental Raiders”, the first game the company will launch on March 13, which will offer rewards in the form of NFTs and other tokens.
Hawkins’ extensive experience in the video game industry and recent involvement in the Web3 and NFT space could significantly impact the state of the emerging crypto gaming scene. As GFAL continues to push the boundaries of blockchain gaming and introduce new concepts, the launch of its $GFAL token and “Elemental Raiders” game could potentially attract more players and investors to the world of NFT gaming.
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees for the first month of Binance Futures (terms).
PrimeXBT Special Offer: Use this link to register and enter code POTATO50 to receive up to $7,000 on your deposits.