Former Goldman Sachs executive shares the secret to Web3 success

Grant Haseley, a former executive at Goldman Sachs, is optimistic that more than 25,000 people will sign in to his Web3 play-to-earn game on the first day that it launches. The game in question will be based on the Ethereum blockchain, and it has been created by 45 developers, including some who worked on the Fortnite game.

Goldman Sachs executive builds Web3 games

During an interview with Business Insider, Haseley, the founder of Undead Blocks, said, “Love of zombie-shooter video games is international, particularly in emerging market countries where play-to-earn popularity is exploding.”

Play-to-earn games have become increasingly popular. Haseley noted that his game was “like Web3’s Call of Duty.” Veteran games such as Axie Infinity mainly focus on the transactions within the game, but according to Haseley, Undead Blocks focused on engagements above other factors.

During the interview, Haseley said, “We created something genuinely fun, it feels like Call of Duty. But we developed the game first, before the tokenomics, which is the opposite of most play-to-earns.”

Depending on the level of skill, a player will have a chance to earn around $5 by playing for several hours after the game is officially launched in August. A $1000 cash prize will also be available for sharing during the daily tournaments.

Undead Blocks has issued a $10 million pledge to gamers during the first year. This number is expected to increase with the revenues. “We want people to feel empowered – gamers disenfranchised by traditional developers who keep putting games out where you can’t earn anything even though you play so much.”

Game has a play for free option

Gamers can pay the fees before starting to play or choose the free option. Gamers will have access to 6000 NFT weapons to access the play-to-earn platform. The cheapest NFT available will cost 0.15 ETH, worth around $420, while the most expensive NFT will cost 1 ETH, worth around $2900.

The game will allow players to earn passive income where players can rent out weapons to other players that want to test the play-to-earn mode. Users will earn rewards in the form of ZBUX. ZBUX is an in-game stablecoin that charges zero gas fees because it is not stored on the blockchain.

The free option will allow players to have a feel of the game. After gaining enough experience, they can access the game and have a chance to earn rewards by buying NFTs. P2E games keep gamers engaged for many hours because of the opportunity to earn passive income.

Haseley added that while the Ethereum blockchain was safe to use, it also came with the risk of high gas fees. He said that the game would give power to the players to ensure that corporations are not the only ones that make money.

“The traditional gaming model where you pay and pay without earning, we want that model to die. Our game can let people still earn a living even if they can’t get a traditional job,” Haseley concluded.