New Xbox Competitor: Zilliqa to Launch Web3 Console in 2023

Zilliqa (ZIL), a gaming-focused blockchainhas announced that it is a web3 gaming console prototype has launched with a built-in crypto miner and web3 wallet.

Zilliqa wants to attract more gamers

The network stated that the move is intended to “move millions of non-crypto” natives in the blockchain gaming ecosystem.” Zilliqa’s approach is designed to appeal not so much to crypto enthusiasts as to avid gamers who don’t mind a simple game story and experience.

The consolescheduled for release in 2023, integrates complex web3 elements such as crypto wallets and mining. Gamers can earn ZIL coins for completing in game quests. This is similar to how existing games reward users with virtual currency, except that the rewards now include blockchain technology.

In addition, Zilliqa noted that “players will be able to mine ZIL coins”. They expect this will “lead to further decentralization of the Zilliqa blockchain by expanding the number of miners worldwide.”

Zilliqa has also entered into several collaborations. For example with Web3 esports organization Xborg. The founder of this organization, Louis Regis, said of the collaboration:

“Playing web3 games should feel no different than playing web2 games. A web3 native gaming console, with a native wallet, is a huge step towards the mass adoption of web3 gaming.”

Valentin Cobelea, Head of Gaming Technology at Zilliqa, commented:

“We got a great response from the gaming community when we announced our first game at Gamescom, and we’re pleased to say that this was just the beginning.”

Prototype crypto console unveiled

A prototype of the console was unveiled yesterday. The prototype has a sleek design and a range of ports including HDMI, Ethernet and USB-C and USB 3.0 connections.

The full specs of the console remain a secret, but Zilliqa praises its user-friendliness. The web3 capabilities such as a crypto wallet and mining would “hide the complexity of web3 from the end user,” according to a report press release shared with Decrypt.

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Consumers will be able to pre-order the console in Q1 2023, with beta testing starting in October 2022.

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