Web3 gaming platform Eragon looks to expand in the Philippines

Neha Soni November 25, 2024

SiGMA news

Eragon, a global platform for developing and distributing Web3 games, is eyeing expansion in the rapidly growing Philippine gaming market. The company plans the expansion with a particular focus on the play-to-earn (P2E) segment, which offers rewards and enriches player experience. Eragon’s games are showcased at the YGG Play Summit in Bonifacio Global City, Taguig.

Eragon, launched in August 2024, has over 500,000 Web3 users, including 70,000 daily active players. The platform has facilitated over 50 million transactions and established partnerships with more than 15 game developers, positioning itself for further growth in Southeast Asia. It has quickly gained traction as the top gaming platform on Aptos and ranked 17th globally in terms of unique active wallets.

Philippine’s gaming community and rapid adoption of blockchain technology has lured Eragon to invest in what it sees as a key market for its next phase of growth. Victor Thang, Founder of Eragon said:

“With nearly 4,000 users in the Philippines, we see great potential to expand our reach in this vibrant market. The Filipino gaming community’s rapid adoption of Web3 technologies and strong community-centric culture aligns well with Eragon’s collaborative and rewards-driven ecosystem.”

Eragon’s expansion strategy includes building an active gaming community through campaigns, events and partnerships tailored to the interests of local players. The platform has features like the Aptos Keyless Wallets and simple onboarding processes, which is aimed at making Web3 more accessible to players.

Language is a key player in any abroad expansion strategy, which the company aims to leverage by providing support and culturally relevant themes to better connect with Filipino gamers. The company also plans to collaborate with regional gaming influencers and developers to co-create content and further expand its ecosystem.

“The country’s digitally engaged and gaming-savvy population presents a unique opportunity for us to meet the growing demand for Web3 gaming solutions in Southeast Asia,” Thang added.

About Eragon

Backed by Aptos, SotaTel and VNext, Eragon has introduced eight instant games and two on-chain titles, Island Conqueror and Tap Battle. New users on the platform are incentivised through pre-mint $EGON tokens (pEGON) upon creating an account. These tokens enable players to participate in gameplay that generates real $APT and $EGON rewards.

Eragon has transitioned from a B2C-focused approach to a B2B-driven model, which reflects its commitment to empowering developers, gamers, and investors through cutting-edge tools and platforms.