Electronic Arts founder creates web3 gaming start-up

Games for a Living will focus on building AAA-category video games which are integrated into the blockchain.

Electronic Arts founder Trip Hawkins has made a decisive stride into the web3 and NFT gaming verticals by setting up Games For A Living (GFAL).

He is listed as co-founder and chief strategist of the venture which will focus on the development of games based on web3 technology.

Bringing his experience as a video gaming industry executive, Hawkins will seek to create AAA-category video games that are integrated with the blockchain, bringing the best of both worlds together.

Hawkins has already spoken about what such a venture could bring around. He has said he regards web3 as a bridge to the metaverse.

The metaverse is a highly-contested part of the blockchain industry, which is gathering momentum but experiencing major financial losses, if the most recent results of Meta and Tencent are anything to go by.

Still, GFAL’s executive is confident that he can develop a new economy based on the metaverse – as close as possible to the real world.

“If we’re going to make a metaverse, the economy of the metaverse has to be more like the real world”, Hawkins was cited saying.

GFAL is now planning to launch its own native token, $GFAL, which is due to arrive March 9 and is expected to sell for an initial €0.0038.

The token will be available on Seedify, EnjinStarter and Bit2Me. GFAL is similarly confident that it can continue to push the boundaries of blockchain gaming and bring around new concepts in gaming.

The company is also preparing to launch the Elemental Raiders game which, together with the $GFAL token, could bring more interest in the company. Elemental Raiders is arriving on March 13, several days after the token rollout.

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Written by Alex

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Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

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