Latest updates on Tribally - Sept. 17, 2024

BY
Josh Sanhi
/
Sep 21, 2024

Web3 gaming is on the rise! From the ever-popular Axie Infinity taking the stage around 2020, to the growing new releases like Wild Forest, blockchain offers a ton of games to enjoy. The heart behind most of these Web3 games is Tribally. Taking the crypto gaming space by storm and pushing it into the mainstream, Tribally continues to gain adoption at a shocking pace! Here’s what they’ve been up to!

What is Tribally?

Tribally is an entertainment platform where gamers compete and bet on one another. It operates on Web3, allowing different gamers to connect, play, and discover new games! They provide several features such as unified gaming profiles, reputation scores, rewards, challenging other players, joining groups/guilds/tribes for community-building, and even betting on PvP matches! Tribally also offers several gaming tools such as onboarding programs for new players and catered websites for their partnered games to help players plan out their winning strategies. 

Their main play-to-earn mechanic takes place through “Wagers”. Instead of artificially inflating a token supply and extracting from a game economy to give rewards, Tribally focuses on the entertainment aspect. Players on the Tribally platform don’t just play, they can also bet or “Wager” on matches of other players. Whoever guesses correctly receives rewards alongside the gamers, stakers and the partnered games. Earning through Tribally is less about grinding long hours but more about fun and community! 

Recent Partner updates

Tribally has been continuing to grow and expand their user base to bring on-chain gaming to everyone. Here are some of their recent partner updates:

  • Tribally has acquired three new gaming partners: some text
    • Chibi Clash - a free to play browser and mobile game built on Base powered by Artificial Intelligence (AI) 
    • Legends of Venari - a creature collection multichain MMO-lite in development on Base
    • Puffverse - the #1 party game on the Ronin network 
  • Existing partners of Tribally such as Paradise Tycoon, Ronin Realms, and Tribsters also continue to support their platform such as by promoting their Play-to-Airdrop campaign where players can earn $TRIBAL, Tribally’s token. 
  • Tribally Pro Kyroh promoted Tribally’s “Challenges” mechanic. Kyroh is a well-known Web3 gaming content creator and is the Yield Guild Games Head of Creators/Guilds. 
  • Tribally’s partnership with Bitskwela, the #1 crypto education platform in the Philippines, was picked up by GMA News, a leading publisher in the country. It was also covered in newspapers.  

Exceptional Highlights

Tribally has made exceptional progress over the past few months! They recently reached 135,000 active gamers on their platform, increased investor dash traffic from 0 to 18,000 in just 7 days, and had their Mystic Tiki NFTs reach a floor of 1 ETH. Their Wager feature has also been very popular, with over 1,000,000 bets made in 7 days last August. 

Later this September 2024, Tribally will also launch its $USDC betting feature. This will allow players to place wagers not only in $TRIBAL but also in $USDC, allowing more options for those who may want rewards in stablecoins. 

Tribally Going Forward

In the near-term, Tribally plans to release a staking feature. Allowing their players to “Be the Bookmaker”, users can stake their $TRIBAL to earn a commission in $USDC. This update is set to take place this upcoming October 2024. Looking forward, Tribally aims to keep creating new features and adding more partners. By continuing to build on its platform, Tribally shows how Web3 gaming can be fun and lucrative at the same time!

Tribally is bringing its unique blend of Web3 gaming and community-driven experiences to the Philippines. Sign up with the code "BITSKWELA" and be a part of the gaming revolution!

Josh Sanhi
Trader/Technical Analyst, Long-term Investor, Finance Enthusiast, Research Core Contributor at Bitskwela

A mental health practitioner/advocate interested in helping people achieve financial freedom through Web3. Fascinated by technical analysis and trading psychology; main tools are Classical Charting and Japanese Candlestick Theory. Avid follower of the macro-economy.

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