The Root Community (TRN), a metaverse-focused Web3 platform, launched its “TRN Odyssey” initiative on March 24. Designed to help promising Web3 gaming initiatives on the TRN Layer-1 blockchain, the programme has a funding pool of $10 million (roughly Rs. 85 crore) allotted by TRN Labs, which oversees the blockchain’s ecosystem. Web3 sport builders are invited to use for a spot within the programme.
Key Particulars About TRN Odyssey
Blockchain sport builders can safe investments starting from $10,000 (roughly Rs. 8.5 lakh) to $1 million (about Rs. Eight crore) by way of this initiative.
In a tweet thread, TRN Labs defined that small to mid-sized gaming initiatives can apply for Root Ignite, whereas larger-scale builders ought to join Root Nexus. Ignite supplies grants of as much as $200,000 (roughly Rs. 1 crore), whereas Nexus provides funding of as much as $1 million.
Two funding tracks tailor-made for each innovator:
:seedling: ROOT Ignite: $10Ok – $200Ok grants for bold small-to-mid-size gaming initiatives.
:deciduous_tree: ROOT Nexus: As much as $1M for next-level AAA video games and gaming infrastructure.— TRN Labs (@TRNLabs) March 24, 2025
The Odyssey webpage particulars the appliance course of for sport builders. Candidates should first submit a complete kind outlining their mission. TRN will then conduct inner screenings to shortlist initiatives for the interview stage, the place imaginative and prescient and feasibility will likely be assessed. After reviewing the interviewed initiatives, TRN will announce the ultimate choice.
The announcement is tentatively scheduled for Q2 2025, although no particular month —April, Could, or June—has been confirmed.
Chosen builders will acquire entry to top-tier enterprise capital networks and business mentorship.
“TRN Labs provides grants and strategic alternatives to assist winners fast-track their initiatives. Winners acquire unique entry to premium leisure connections, together with iconic Futureverse IPs like Prepared Participant One,” the announcement famous.
TRN Labs first disclosed plans for this initiative in February.
Standing of Web3 Gaming
As per DappRadar’s Blockchain Gaming Yearly Report 2024, the Web3 gaming sector recorded 7.four million every day Distinctive Lively Wallets (UAW) by the tip of 2024 — a 421 p.c enhance since January. The report additionally famous that on-chain gaming transactions reached 5.7 billion over the 12 months.
Ronin, Polygon, Nebula, and Close to Protocol had been probably the most broadly used blockchains for gaming, whereas TRN didn’t make DappRadar’s high ten checklist. Among the many standout blockchain video games of 2024 had been Pixels, World of Dypians, and Treasure Ship Sport.
Regardless of the sector’s fast development, blockchain gaming developments stay unpredictable. For instance, members of Arbitrum’s decentralised autonomous organisation (DAO) are reportedly debating the termination of its Web3 gaming fund, citing unsustainability on account of market volatility. Then again, Walmart is reportedly increasing its presence in metaverse gaming by way of a partnership with Minecraft. In the meantime, BNB Chain lately acknowledged that blockchain gaming was overshadowed by memecoins and AI brokers in 2024, resulting in a slight slowdown within the sector.
A report by the Blockchain Sport Alliance (BGA) predicted that the Web3 gaming business will see enhancements in infrastructure, Web3 integration, AI-based customisation, and interoperability in 2025. Based in 2018, the BGA calls itself a world non-profit physique that advocates blockchain gaming.
