In 2017, our team released Obsidian Legacy, a meticulously designed Japanese-style hack-and-slash ARPG on Steam. This Web 2.0 game, with its beautiful graphics and nostalgic vibes, quickly attracted a dedicated player base. However, due to unforeseen circumstances, its service was discontinued in 2018.

The rapid development of Web 3.0 and blockchain technology has reshaped the gaming landscape. By 2022, the blockchain gaming market reached a value of $4.83 billion and is projected to grow at a CAGR of 68.3% from 2023 to 2030. It's clear that while the potential for blockchain in gaming is vast, many early blockchain games lacked the depth and palatability that experienced gamers wanted.

Recognizing this gap, and leveraging our expertise in traditional gaming, we aim to bring depth and palatability to the Web 3.0 gaming ecosystem. In the Web 2.0 paradigm, players acquired in-game assets that could be purchased with fiat or in-game currency. However, the termination of a game's service meant the loss of these assets. Blockchain technology changes this narrative, offering players true ownership of in-game assets, allowing them to be traded and retained beyond the life of the game.

Our strategy is to enable a seamless transition from Web 2.0 to Web 3.0 gaming. To achieve this, we're introducing an easy-to-use free-to-play model. Players won't be required to set up a blockchain wallet initially, giving them flexibility in their gaming experience with Arkbound. Whether approached as a Web 2.0 or Web 3.0 game, our commitment remains the same: to provide a wonderful gaming experience for all players.

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