🔹A problem worth solving

What We Solving?

THE GAMING LANDSCAPE

The projected value of the worldwide gaming market is $200 billion, and it is expanding quickly—12% year over year—1. There may be resistance from players at first, but blockchain games are going to be the next big thing in video games for a variety of reasons.

Users of games developed on the blockchain have the opportunity to truly own the underlying assets and to profit from any in-game assets through secondary marketplaces.

Through NFT drops and token sales, communities may help offset the sometimes expensive upfront production expenses, giving developers more opportunities to monetarily support their games. Further in-game elements may potentially be unlocked through the blockchain in the future, with a number of creative games—like the zk-based multiplayer online game Dark Forest—offering an intriguing proof of concept.

CHALLENGES FOR DEVELOPERS

Developers of new blockchain gaming and NFT applications frequently encounter a variety of exacerbating circumstances that contribute to an exceptionally high learning curve.

First of all, due to the multidisciplinary nature of blockchain, developers must possess at least an intermediate level of knowledge in a very broad variety of computer science disciplines that are often unrelated. Advanced encryption, large-scale decentralized networking, intricate quantitative financial models, and other topics are demanded of developers.

This difficulty is made worse by the speed at which developers must pick up new programming languages, blockchain network architecture, and smart contract standards in such a quickly evolving field. Because of this, developers wind up devoting an excessive amount of their development time on creating the backend instead of concentrating on their original goal, which was to create inventive and distinctive apps for their users.

A major hurdle to entry for new projects has been the absence of access to pre-built infrastructure with straightforward APIs and platform-specific SDKs; Wyvern aims to address this issue.

NFT ILLIQUIDITY

The usage of order books is the fundamental idea behind all NFT marketplaces. An electronic list of buy and sell orders for a particular NFT arranged by price level is referred to as an order book. The quantity of things up for bid or offered at each price point, or market depth, is listed in an order book. Present-day NFT markets function using their own order book. Because it is only available to buyers or sellers on the original marketplace, an NFT listing only shows up on that platform, which restricts the NFT's liquidity. This problem becomes more noticeable when certain games create in-game markets to improve the player experience, but because of their isolated order book, they will have to give up access to the manufacturer orders required for immediate purchases or price discovery.