TRN Odyssey Program Goes Live, OPENS Funding Opportunities for Web3 Game Developers
The root network (TRN), a metaverse-focused web3 platform, launched its “trn odyssey” Initiative on March 24. The program has a funding pool of $ 10 million (roughly Rs. 85 Crore) Allocated by Trn Labs, which oversees the blockchain’s ecosystem. Web3 game developers are invited to apply for a place in the program.
Key details about trn odyssey
Blockchain Game Developers Can Secure Investments Ranging from $ 10,000 (roughly Rs. 8.5 lakh) to $ 1 Million (About Rs. 8 Crore) Through this Initiative.
In a tweet thread, trn labs explained that smalle to mid-sized gaming projects can apply for root ignite, while larger-scale developments should sign up for root nexus. Ignite provides grants of up to $ 200,000 (roughly Rs. 1 Crore), whereas nexus offers funding of up to $ 1 million.
Two Funding Tracks Tailored for Every Innovator:
: Seedling: Root Ignite: $ 10K-$ 200k Grants for Ambitious Small-to-Mid-Size Gaming Projects.
: DECIDUUS_Tree: Root Nexus: Up to $ 1M for Next-Level Aaa Games and Gaming Infrastructure.– TRN Labs (@Trnlabs) March 24, 2025
The odyssey webpage Details the application process for game developers. Applicants must first submit a Comprehensive Form Outlining their project. TRN Will then Conduct Internal Screenings to Shortlist Projects for the Interview Stage, Where Vision and Feasibility will be assessed. After reviewing the interviewed projects, trn will announs the final selection.
The announcing is tentatively scheduled for Q2 2025, Thought No Specific Month –April, May, or June – Mad Been Confirmed.
Selected Developers Will Gain Access to Top-Tier Venture Capital Networks and Industry Mentorship.
“TRN Labs offers Grants and Strategic Opportunities to Help Winners Fast-Track Their Projects. Winners Gain Exclusive Access to Premium Entertainment Connections, Including INCLUDING INCONC IPS Like Ready Player One, “The announsement Noted.
TRN Labs first disclosed plans For this initiative in February.
Status of web3 gaming
As per dappradar’s Blockchain Gaming Yearly Report 2024The Web3 Gaming Sector Recorded 7.4 Million Daily Unique Active Wallets (UAW) By the End of 2024 – A 421 Percent Increase Since Since January. The report also noted that on-also gaming transactions reacted 5.7 billion over the year.
Ronin, Polygon, Nebula, and Near Protocol was the most used blockchains for gaming, while trn did not make dappradar’s top ten list. Among the standout blockchain games of 2024 was pixels, World of Dypians, and Tresure Ship Game.
Despite the sector’s rapid growth, blockchain gaming developments remain unpredent. For example, members of arbitrum’s Decentralized Autonomous Organization (Dao) Are Reportedly Debating the termination of its web3 gaming fund, citing unstainability due to market valati. On the other hand, walmart is Reportedly expanding its presence in metavense gaming through a partnership with Minecraft. Meanwhile, BNB Chain recently accentlked that blockchain gaming was overshadowed by memecoins and ai agents in 2024, Leading to a Slight Slowdown in the sector.
A Report By the Blockchain Game Alliance (BGA) predicted that the web3 gaming industry will see improvements in infrastructure, web3 integration, AI-Based Customisation, and Interoperability in 2025. Bga Calls Itself a global non-protrfit body that advocates blockchain gaming.
