The Good Tech Companies - Why Funtico and FunNFT Are Teaming Up for Web3 Gaming’s Future: Your Chance at 75,000 $TICO Starts

Episode Date: March 13, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/why-funtico-and-funnft-are-teaming-up-for-web3-gamings-future-your-chance-at-75000-$tico-starts. ... Funtico and FunNFT launch Mystery Tournaments on March 14, 2025. The tournaments feature three games, offering a prize pool of 1,500 USDT and 75,000 $TICO. Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #funtico, #funtico-news, #funtico-announcement, #web3, #good-company, #cryptocurrency, #blockchain, #crypto-trading, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Funtico and FunNFT launch Mystery Tournaments on March 14, 2025. The tournaments feature three games, offering a prize pool of 1,500 USDT and 75,000 $TICO, Funtico’s native token. The event tests how digital assets connect to competitive play.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Why Funtico and FunEnf are teaming up for Web3 Gaming's future? Your chance at $75,000 Tico starts! by Aishan Pandey Data from Statista shows the blockchain gaming market reached $4.6 billion in 2022, with a projected compound annual growth rate of 70.3% through 2030. Funtico, a Web3 gaming platform based in Turtola, British Virgin Islands, announced integration with Funenf Marketplace. This partnership brings Funtico's Game Pass NFTs into Funf's ecosystem, providing access to tournaments and in-game assets for players. The move aligns with trends in blockchain technology adoption within gaming.
Starting point is 00:00:46 What happens in the mystery tournaments? Funtico and Funenf launch mystery tournaments on March 14, 2025. Players with Game Pass NFTs, available through Funenf Marketplace, can participate. The tournaments feature three games, offering a prize pool of $1,500 USDT and $75,000 TECO, FunTico's native token. USDT is a stablecoin tied to the US dollar, while dollar TECO functions within FunTico's reward system. The event tests how digital assets connect to competitive play, providing players with rewards linked to performance. How FunEnft connects to FunTico's platform. FunEnft operates on Taurus Chain, a blockchain network supporting collectibles, rental NFTs, and royalty NFTs with zero gas fees. Funtico integrates FunAft's game pass NFTs into its
Starting point is 00:01:36 system. Players use these assets to enter tournaments and compete on leaderboards. Rewards depend on results. This structure links ownership to gameplay and supports Web3 gaming adoption by enabling asset USE across platforms. Network access through FunEFT and Torus Chain. The partnership provides FunTico access to FunEFT's community of creators and collectors, plus Toruchain's network. Torus Chain reports connections to over 4 million influencers, reaching more than 1.8 billion followers. The exact number of active gamers within this audience remains unclear.
Starting point is 00:02:11 Funtico aims to expand its player base through this exposure, relying on community participation to increase engagement. Funtico operates a platform for competitive gaming with blockchain integration. It focuses on tournaments and play-to-earn mechanics, where rewards reflect skill and strategy. Decentralized systems ensure transparency and accessibility. FunEnft, built on Taurus chain, serves as a marketplace for digital assets, including rental and royalty NFTs. Both companies use Web3 technology to connect gaming with digital ownership. Impact on gamers and the industry.
Starting point is 00:02:46 Nuzu data indicates 2.8 billion gamers worldwide in 2023. Web3 platforms like Funtico target this group. The integration allows players to own assets with value across platforms. Adoption depends on usability and reward value. Companies gain potential for player retention through interconnected systems. Competitors such as Axie Infinity and The Sandbox operate in this space, indicating market activity. Blockchain gaming revenue may reach $50 billion by 2030, based on Statista's projected growth rate. Funtico and Funenf test a model combining digital assets, tournaments,
Starting point is 00:03:23 and community networks. Success requires effective technology, assets, tournaments, and community networks. Success requires effective technology, fair reward distribution, and sufficient player participation. The mystery tournaments mark an initial step in this effort. Don't forget to like and share the story, tip-vested interest disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag Dyor.
Starting point is 00:03:50 Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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