Faraway is an game studio that creates games using blockchain technology. They've raised around $30 million to develop games on the Solana blockchain. Solana is a great pick for its fast and affordable transactions, ideal for games.
What is Faraway
Here are the key details of this project:
- Flagship Game: Their main game is "Mini Royale: Nations." It's a multiplayer game that runs in web browsers. You don't need special hardware or software to play, making it easy to start.
- Player Economy: In "Mini Royale: Nations," players trade and own items such as NFTs. This creates a real economy within the game.
- Creator Tools: Faraway offers tools for game creators. These tools help with making and selling NFTs, creating tokens, and handling transactions. This supports creators in earning from their content.
- Asset Creation: The studio also has tools for designing game items like heroes and weapon skins. These can be made and sold, mainly for "Mini Royale."
Overall, Faraway uses blockchain to power games where players truly drive the economy. This approach not only adds a new layer to gaming but also opens up real economic chances in the game world.
Team of Faraway
Alex Paley
Co-Founder
Alex Paley brings a rich background in game development and entrepreneurship to his role as Co-Founder of Faraway, having previously served as VP of Product at Scopely, and Head of Studio at Glu Mobile, where his project was acquired. His experience spans creating hyper-social games with player-driven economies and innovative ventures such as robotic delivery kitchens. Paley holds a Bachelor of Business Administration from the University of Michigan's Ross School of Business.
Dennis Zdonov
Co-Founder
Dennis Zdonov co-founded Faraway and has a diverse background in gaming and technology, previously serving as VP of Product and GM at Scopely, and Head of Studio at Glu Mobile, where he launched highly successful apps. He also co-founded Halo Kitchens and Dairy Free Games, showing a knack for innovation in both digital and physical realms. His tenure at Microsoft focused on enhancing Bing.com's market presence. Zdonov holds a Master's in Mechanical Engineering from the University of Pennsylvania, specializing in Integrated Product Design.
Faraway review
Pros
Fast and Cheap Transactions
Faraway uses the Solana blockchain for its games. This blockchain lets you make quick, cheap in-game buys. This is great for games where you need to buy things fast and smoothly.
Easy to Start Playing
You can play Faraway's main game, "Mini Royale: Nations," right in your web browser. You don't need any special tools or programs to start. This makes it easy for more people to join and play.
You Can Earn Money
In Faraway's games, you can make and trade your own game items, like NFTs. This can make playing more fun and might even earn you some money.
Tools for Creators
Faraway gives you tools to create and sell your own game content. You can make NFTs and handle sales, which can help you make money from your ideas.
Cons
Market Risks
Faraway's game economy uses blockchain and NFTs, which are linked to the often unstable crypto market. This can affect how much your in-game items are worth.
Might Be Hard for Some
Even though the game is easy to access, using blockchain might be hard for people who aren't very tech-savvy. This could keep some people from playing.
Legal Changes Might Affect the Game
The rules about blockchain and NFTs are still changing. This could affect how Faraway runs or how legal it is to buy and sell in-game items.
Security Issues
If there are security problems with the Solana blockchain, it could risk your data and game items in Faraway.
Not Everyone Can Join In
To really take part in the game's economy, you might need to buy or invest in NFTs. If you can't or don't want to do this, you might feel left out of some parts of the game.