The two-day Yield Guild Games (YGG) Web3 Games Summit conference began with an opening address by Mench Dizon, Country Lead of YGG Pilipinas.
“Our team has been working steadfastly for several months to make sure that we bring forth an event that will be at par with the best of the world. But the decision to even get started on this path is a leap of faith. There were a lot of risks,” she stated, noting that the event is happening in the middle of a crypto winter.
Dizon also noted that focusing on web3 games is a challenge, as it is a very specific niche. YGG aims to make the event like “the game developers conference but for web3 games.”
“Despite all odds, we are here today. You also took a leap of faith by being here. We have founders from all over the world who will talk to us about their journey carrying on throughout the uncertainty. Over the next few days, you will hear about the future of games directly from the developers and builders as they share the challenges as well as the opportunities of being pioneers in the space.”Mench Dizon, Country Head, YGG Pilipinas
The day featured fireside chats with key figures in regulations and web3, followed by engaging panel discussions with representatives from various web3 firms.
The summit, attracting local and international audiences, including students from partner STI, concluded with the announcement of the Game Jam Winners.
Read the BitPinas coverage of the YGG Web3 Games Summit.
Regulating for Innovation
Atty. Kelvin Lester K. Lee, Commissioner of the Securities and Exchange Commission, engaged in a dialogue with Regina Hing, a journalist from Cignal TV.
The SEC Commissioner discussed the government’s available support for innovative industries and the unique ways in which the web3 gaming industry can coordinate with the Commission and other governing institutions during the fireside chat.
The Commissioner confirmed that in the context of the Philippine regulators, it is possible to regulate technology while creating safer spaces to innovate.
“The capacity (to regulate and create safe spaces), yes definitely. This is something that is very important to the SEC. It’s very important for regulators that (we) regulate and create space for the Filipino investors here. So it’s precisely why we have been working hard at this,” he answered.
Commissioner Lee added that they are currently working to create safer spaces as there are already multiple regulations in place for this path.
“At the end of the day, I think we all want the same thing; we want a thriving Philippines, a thriving economy, and our position is that we can only get a space like that if we make it safe for the investors to be able to safely and easily invest. And that’s the end goal I think for all of us,” he added.
The Future of Web3 Gaming
During a conversation between YGG Co-founder Gabby Dizon and Leah Callon-Butler, Director of Emfarsis, he provided his insights on the future of gaming and the trends to monitor.
The Chairman and the Children: Yat Siu Gets Grilled
Co-founder of Animoca Brands, Yat Siu, responded to ten compelling video submissions from children around the world asking questions focused on the transition from web2 to web3, the impact of gaming on the open metaverse, and the importance of avatars in self-expression. He answered these questions on the main stage at W3GS during his keynote address.
Understanding Filipino Web3 Users
The first panel of the conference was moderated by yours truly, BitPinas lead scribe Shiela Bertillo, and featured Coins.ph Country Manager Jen Bilango, Philippine Digital Asset Exchange (PDAX) Head of Metaverse Patrick Lao, and Globe Telecom Subcultures Manager Andrew Lim.
The panel discussed the focus on the core audience and engagement strategies of their respective organizations in the context of emerging technologies such as blockchain and web3. They also tackled challenges faced by their firms in engaging the audience with these technologies and how they are overcoming them.
They also shared their insights into the next trends and future outlook for the Philippine web3 and gaming markets, and how organizations are preparing to navigate the associated demands and opportunities.
Leveling Up with Superquests
The panel, moderated by YGG Head of Growth Angel Pui and featuring well-known web3 content creator Kookoo and YGG Axie Infinity professional player Spamandrice, focused on the gaming guild’s new Superquests campaign.
The campaign allows guild members to learn how to play web3 games and earn more in-game rewards. Axie Infinity is the first Superquest partner.
The BASE-ics of Gaming on Layer 2
In this panel, Coinbase Engineering Manager Gerald Lonlas and Emfarsis Director Nathan Smale discussed the operation of gaming on a layer 2 blockchain.
Coinbase made Base available to public companies in September 2023, following its initial launch on February 23, 2023. Base is an Ethereum-based platform that uses the Optimism layer-2 solution, positioning itself as a secure, cost-effective, and user-friendly platform for developing decentralized applications (dApps).
Putting a Price on Fun
The panel consists of Ken Bassig of Magnus Capital/ Taiko Labs, Lisa JY Tan of Economics Design, and Augie Ilag of CMT Digital. They discussed the creation of sustainable games in the web3 space, focusing on the long-term value of assets and user engagement.
Rediscovering Game Discovery
Together, they delve into the topic of “Rediscovering Game Discovery,” providing valuable perspectives and discussions on the evolving landscape of game exploration and its significance in the web3 gaming industry.
The Future of Gaming Identity: GAP & RAP
Mark Tan, the head of Community programs of YGG, also took the stage to discuss YGG’s Guild Advancement Program (GAP) and Reputation and Progression (RAP).
GAP is a community-driven Philippine distribution protocol that rewards soulbound achievements to players, builders, and operators through their contributions per season. On the other hand, RAP is a comprehensive rule-based system that maps a user’s historical SBT achievements into XP and level by looking at Superquest and GAP.
Partnering to Build Your Vision
Moderated by Gillian Pua, CMO of BreederDAO, the panel brings together a dynamic group of speakers, including Maxion Tech CEO Q Wattanalarp, Sending Labs co-founder Joey Yu, and Blockus cofounder and CPO Michael Wei.
The panel discussed “Partnering to Build Your Vision,” offering insights and experiences in collaborative efforts to bring innovative web3 game visions to fruition. The conversation explored the strategies and dynamics involved in successful partnerships within the realm of their respective expertise.
Building the Next Generation of MMORPG in Web3
Moderated by YGG Campaign Director John Sedano, the panel comprises notable speakers such as JC Kim of Nine Chronicles, Henry Ferr from MetaCene, and Jeriel Yeo of Gravity Game Hub.
During the discussion, these experts contribute their insights, draw from their experiences, and offer perspectives on the inventive strategies and hurdles inherent in molding the future of massively multiplayer online role-playing games within the framework of web3 technologies.
Preparing Your Project for VC Funding
The panel was composed of Mars Mosqueda Jr., a Philippine Reporter for DealStreetAsia.com, Leah Callon Butler, Director of Emfarsis, and Yuji Kumagai, General partner of Emoote, who will collectively delve into the topic of “Preparing Your Project for VC Funding.”
Venture capital (VC) is a type of financing that is provided to early-stage, high-potential, and typically high-risk startup companies or small businesses. In exchange for their investment, venture capitalists receive equity in the company. This type of funding is a crucial source of capital for startups and emerging businesses that may not have access to traditional forms of financing.
Turbocharging Gamer Acquisition
A panel consisting of Juntaro Iwase, Senior Growth Manager at Sky Mavis, Angel Pui, YGG Global Head of Growth, and Chris Calderon, Co-Founder of Superfine, delved into strategies and insights aimed at enhancing the acquisition of gamers. The discussion explored innovative approaches, challenges, and effective methods for attracting and engaging a broader audience in the dynamic landscape of web3 gaming.
Worldwide Web3 Gaming
The panel brings together a distinguished lineup of speakers, featuring Andy Chou, Head of Ecosystem Development at Yield Guild Games; Akio Tanaka, Co-founder of Yield Guild Games Japan; Irene Umar, CEO and Co-founder of W3GG; and Rohit Gupta, Co-founder of NYXL.
With their respective roles and expertise, the speakers are tackled the global landscape of web3 gaming, shedding light on challenges, opportunities, and innovative developments that characterize the intersection of web3 technologies and the gaming industry on an international scale.
From Mobile Gaming to Web3 Platform Builder: The Story of Com2uS and XPLA
The conversation between Kyu Lee, President of Com2uS, Inc., and Chris Calderon of Superfine, explored the narrative of Com2uS’s evolution from a mobile gaming company to a key player in the web3 platform space. The panel discussed Com2uS’s strategic journey, the challenges it faced, and the lessons it learned in navigating this transformative trajectory.
Com2uS is a South Korean mobile game development company. They are known for creating and publishing a variety of games for mobile platforms, including popular titles like “Summoners War” and “Ace Fishing: Wild Catch.”
Driving Innovation and Industry Growth at a National Level
Moderated by Atty. Nathan Marasigan, the Legal Counsel of YGG Pilipinas, the panel featured distinguished speakers, including Hon. Krystal Lyn Uy from the National Economic and Development Authority (NEDA), Hon. Jocelle Batapa Sigue, the Undersecretary of the Department of Information and Communications Technology (DICT), and Mohan Low, the Director for Digital Content of Malaysia Digital Economy Corporation (MDEC).
The speakers discussed the strategies, policies, and collaborative efforts essential for fostering innovation and fostering the growth of the industry at a national scale. The conversation provided valuable insights into the intersection of legal, governmental, and industry perspectives in driving innovation within the digital landscape.
Parallel Game Showcase
Miccolo Santos and Munchies from YGG Pilipinas, hosted the showcase. The YGG players Disi and Sequinox demonstrated how to play Parallel to the attendees.
Parallel is a competitive and futuristic trading card game (TGC) that is currently in its closed beta phase, after more than two years of development.
Metacene Game Showcase
YGG talents Shanks, Munchies, John Sedano, and Nomad, collectively engaged in the Metacene Game Showcase activity.
This showcase featured a demonstration of games associated with Metacene, with each participants contributing their insights, experiences, and perspectives.
“MetaCene” is a blockchain-based massively multiplayer online role-playing game (MMORPG) set in a cyberpunk-inspired post-apocalyptic world. The game’s narrative unfolds in the aftermath of a fatal superstorm that has frozen most of humanity. Players are tasked with engaging in combat against other players and guilds, participating in a series of challenges for the opportunity to earn substantial rewards.
Web3 Game Jam Winners
The award presentation for the Web3 Game Jam Winners was conducted by a distinguished panel of presenters, including Regina Patelo from Yield Guild Games PH, Chase Freo representing OP Games, Irene Umar from W3GG, and Andrew Lim of Globe Telecom.
A three-week program was implemented for the Game Jam, in which students created a playable game demo that was presented on November 18-19 at the STI College BGC. This year, Game Jam had a total of 210 participants in two categories: Online and Offline.
Winners of the Online Series in no particular order:
- Chrono Break – FutureKreep
- Out of Tine – Codex Corner
- Switch – Prototype
- Memory Loss
- Crystal Hop
Top 3 for Offline:
1st place – Team 10K Magic, Pandora (₱100,000 + ₱100,000 from Globe)
2nd place – Team Overthinkers, Quack in Time (₱50,000)
3rd place – Team Langit Lupa, Claudere Portalis (₱25,000)
This article is published on BitPinas: Yield Guild Games Web3 Games Summit Conference Kicks Off
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