Games Germany launches Steam Sale as a digital storefront for video games made in Germany – European Gaming Industry News


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Tegro is a new initiative by Siddharth Menon, co-founder and COO of WazirX, one of the world’s largest cryptocurrency exchanges and leading Indian game developer SuperGaming. Tegro is a comprehensive Web3 game ecosystem enabling gamers, game developers and investors to unleash the potential of Web3 in the best possible way – sustainable, transparent and fair.

With games evolving in terms of visuals, technical complexity and design, their economies and monetization should also evolve rather than stagnate – which they have largely done since the mid-2000s. And while sparks of that are seen with the first generation of Web3 games, these are made in a way that is not sustainable.

Siddharth Menon, co-founder of Tegro, brings deep expertise in Web3 ecosystems and scaling businesses, having built WazirX, one of the largest cryptocurrency marketplaces in the world with over eight million users and billions in monthly volume.

“Mobile games have disrupted the games industry and Web3 games could be an even bigger disruption,” Siddharth said. “Web3 games will be the next paradigm shift in gaming, unlocking new economic and creative opportunities for gamers, and have the potential to unlock a $2 trillion market.”

However, Web3 games must be designed in a way that respects players and keeps them engaged while continuing to integrate institutional investors and merchants who would develop this economic opportunity. Most existing Web3 games and, by extension, their economies do not place gamers at the center of this opportunity.

This is where SuperGaming’s expertise comes in with over 300 million players and nearly 100 games developed. These include recent hits like MaskGun and Silly Royale as well as the upcoming battle royale game, Indus.

In addition to this, the company has its own game engine to run large-scale real-time multiplayer games used by third-party studios, the official PAC-MAN game being the most famous among them. Nevertheless, the company is keenly aware of the current issues with crypto games.

“At SuperGaming, we’ve been making games that people have been playing for years,” said Roby John, co-founder of Tegro. “We see Web3 technologies as complementary to our gamer-first philosophy, allowing us to create new creative and economic opportunities for them. With the potential of Web3 games and Tegro, we can do this in a sustainable way, fair and transparent for all.

Tegro is founded on the idea that digital worlds will be investable asset classes in the next decade. These digital worlds require a foundation that protects gamers and allows investors to navigate this new gaming paradigm. The company will solve this with:

  • Tegro Markets for Gamers and Institutional Investors

  • Sustainable economy models for game developers created by experts

  • In-game asset statistics to help you trade and invest better

Tegro’s Web3 Games Roadmap includes Tegro Marketplace, Marketplace SDKs, Asset Stats and APIs designed by a founding team with deep experience in building games and designing economies for an audience global.

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