The GameFi sector has come back to life again according to data from DappRadar, which shows the daily unique active wallets or UAW has come back to being above 2 Million.
The UAW data represents the amount of users and gamers interacting with GameFi protocols, where currently it stands at 2 Million users, a significant increase from below 1 Million in 2023.
This surge of new and old players coming back into the GameFi sector is a result of the Bitcoin price surge that has managed to bring positive conditions to the overall crypto market.
While the new influx of users might be good for the GameFi sector, this also poses a bad threat to the overall ecosystem.
With the rise of GameFi again, there might be some bad actors trying to capitalise on this movement and scam new users who are just getting familiar with the GameFi space.
Sadly this narrative also causes bad influences to good GameFi projects that have been developing them for a long time, which is why it is good to take a closer look and dive deep into each GameFi project that seems interesting.
One of which is Sekuya Multiverse, an ecosystem that is filled with its own game that is complemented with other pillars that make its own multiverse unique.
What is Sekuya?
Sekuya Multiverse is a GameFi project that has been developed officially since the early 2022 with a goal of revolutionising the gaming landscape with a community-driven approach.
The idea was born from a community, which now already has 1.1 Million members from 12 Countries supporting the project.
It was originally created on the BNB Chain with its Token SKUY already transacted in the crypto market.
The Sekuya Multiverse itself is being built by a company that is based in Singapore and Indonesia with the current core team consisting of five individuals, each having impressive backgrounds in the tech and crypto space.
Even though the game has not been officially launched yet, it has already received rewards from multiple well known incubators and competitions.
The project itself is currently being backed by Agate and Internet Computer, helping Sekuya to achieve its goal and disrupt the gaming landscape.
From the name itself, Sekuya Multiverse seems like any other metaverse project with some tacky new jargon.
But in reality, Sekuya is not only building one game or one metaverse, it is currently building a whole ecosystem consisting of games, communities, NFTs, DApps, currencies, and even real world asset integrations and its own animation brand.
The overall goal of Sekuya was to disrupt the gaming landscape with the base focus of giving ownership to players rather than the game builders itself.
The full ownership incentivises players to keep on playing and building to help Sekuya stay alive in the long term, which differentiates it from other GameFi projects that usually starts by giving freebies and depending on it to make players stay while eventually leaving because of the lack of incentives.
But, even though Sekuya does not depend on freebies, it still is currently implementing a strategy to onboard its multiverse called Isekai with free NFTs as products on that multiverse.
From the explanation above, maybe you are still unclear on whether Sekuya is a game, a multiverse, a metaverse, or just a regular DApp that connects them all.
To answer this question let’s dive into the four core pillars mentioned on the front page of Sekuya’s Official Website.
Four Pillars of Sekuya Multiverse
Simply put, there are four main products that are being developed on the Sekuya Multiverse Ecosystem. But, there aren’t only four products, as Sekuya is also building other things to support these main four.
To easily understand what Sekuya is, let’s talk about the four main products that makes the Sekuya Multiverse Ecosystem.
The two main ones are the MOBA game or Multiplayer Online Battle Arena and the Multiverse which is an MMORPG or Multiplayer Online Role Playing Game.
The MOBA game comes from the fact that the current popular MOBA games has not had any significant upgrade to its gameplay yet since 2003.
This is such a huge waste considering the market potential itself which has around $180 Billion of revenue in 2023 according to data from Sekuya.
Sekuya wants to capitalise on this by bringing new innovations in the MOBA-based game space to eventually capture some of that $180 Billion revenue market share.
They do this by incorporating a MOBA 5 vs 5 game with a Multiverse which is a metaverse that has multiple online worlds which can be accessed through having an NFT character.
According to the official site, there is going to be four worlds that players can explore in the multiverse which are called Fossa Maris, Regnum Terrae, Ardor Indendia, and Caeli Celestia, which essentially represents the world of water, earth, fire, and wind.
Essentially both of those two core products compliment each other in the sense that MOBA games have not been integrated with a metaverse yet and the other way around.
The NFT character itself is also a main product of the Sekuya Metaverse Ecosystem, as all of the items on the game and the multiverse are created with an NFT, giving full ownership to the players.
On the image above the NFTs are the alter egos which are NFT characters that can be customised and upgraded with other NFTs in the Sekuya Ecosystem through purchase or free giveaways.
The marketplace to transact those NFTs is currently also being developed by the Sekuya Multiverse team, which makes the overall ecosystem complete for players to interact with.
Sekuya Ecosystem and Partnership
Aside from those main products, Sekuya has also implemented an artificial intelligence assistant on its ecosystem.
On the website itself, the AI helps new users to answer questions regarding The Sekuya Multiverse so that they will get an understanding of information that is not shown directly on the website or some that need to be dug a little deeper than the rest.
The assistant itself is simple, where viewers need to only type in messages they want to ask and white a while for the answer to be given by it.
AI will also be implemented on other parts of the ecosystem as well, with plans on integrating an AI NPC or non player character to make the multiverse more alive similar to a smarter version of NPCs on games like Red Dead Redemption and Grand Theft Auto.
Aside from the AI, there are also plans on implementing a tool to help integrate real world assets, essentially bringing real stuff into the multiverse.
The ecosystem itself is not complete with Sekuya’s community which now has 1.1 Million members from across 12 countries that came from 116 different communities supporting Sekuya.
Because Sekuya is a community driven project, it is essential that the community grows, and seeing the current numbers itself, it is no doubt that the community is growing.
One of the most interesting things about Sekuya is the “Sekuya Story” which will potentially be one of Sekuya’s biggest products.
In “Sekuya Story” there are multiple products which are bundled into it such as an IP, a card game, a novel, and anime, essentially giving potential of a animated franchise similar to what Marvel and DC is doing or what the entire Japanese Anime is doing for example like Yu Gi Oh with its anime cartoon, cards, IP, and game.
Overall all of these products are being supported by Internet Computer (ICP) and Agate but have already been acknowledged by some of the biggest media in the world, such as Bloomberg, Yahoo!, MarketWatch, and all the media that can be seen above.
Future Plans
Even though there are the four main focuses of Sekuya, which are the games itself and others mentioned above, Sekuya is also building a lot of things on the side to help support its ecosystem.
In 2024, Sekuya is focusing on four things which are the avatar creator tools, power assessment, DEX, and Sekuya Saga.
All of these plans are broken down into quarterly plans and goals where currently all of the detailed ones are still focused on Q1 of 2024.
The avatar creator tools seems to be heading in the Q2 of 2024, because it will probably be integrated with the development of Sekuya’s NFTs.
Power Assessment is also not being explained in the Q1 plans, but it will probably be detailed in Q3 of 2024 in conjunction with Sekuya Saga.
The Power Assessment plan can mean two things which can mean the assessment of character power in the MOBA game of Sekuya’s Saga Arena, or assessment regarding token holders power in the governance process. It might mean other things but for now we will have to wait until the Sekuya team clarifies it on their website or social media.
The third plan for 2024 is stated as DEX, which also can mean two things, which is the launch of their new token on a decentralised exchange launchpad that will be done in March or a creation of a new DEX by the ecosystem which is not evident in the whitepaper.
The last plan is the Sekuya Saga referring to the Q3 plans of 2024 that will probably be detailed later in the whitepaper and notion progress report.
Sekuya will also be bringing Brand Activation & Campaign to Web3 through Sekuya Labs, a Real World-Asset launchpad for brands, acting as a fresh approach of brand marketing innovation, redefining everything from hotel loyalty programs to Web3 race cars.
Aside from 2024 Sekuya has also already made plans until 2026 which involves developing their main product that was talked about before in this article.
Overall Sekuya’s plans look solid as it will probably continue building in the long run. The only minor thing to be improved is that the team should specify more on the future plans so that investors or new potential users can trust them more when doing research.
Conclusion
Sekuya Multiverse has a great potential ahead if they continue on building their ecosystem with the same plans as what they have been spreading around in their communities.
One thing to note before investing heavily into this project is the fact that it is still in its development stage so the road ahead might not go too smoothly.
But just like any other new projects the most important thing is the team keeps on building, because as long as there are no rug pulls happening, projects with great plans like Sekuya will have a bright future ahead of them.
Another thing to note is the lack of detailed information on their website which is their number one source of information for investors that want quick info.
This could potentially create an outlook of uncertainty for new investors that are just diving into the Sekuya ecosystem. But this problem can be fixed by the team by simply putting detailed information for their future plans on their site or public notion.
Another way is to be proactive and join their community while following their social media so that new information can be received quickly.
So if you are willing to invest and support the project, it is important that you understand the project first and know that Sekuya is not a pump and dump project but it has a focus on the long term.
If you are in it for the quick pump and dump scheme, then this is not the place, but if you are looking for a project with a long term focus, then Sekuya can be your place to explore.
