Key Takeaways from Interview: Artur Minacov, Founder of The Forge Arena
His actual name is Artur Minacov, but he uses the nickname m1nac on the internet. He has been an avid participant in competitive video gaming since age five. He has played over 20,000 hours of Counter-Strike since version 1.6.
He has always had an entrepreneurial approach to whatever he has ever done. Since the age of seven, he has been establishing online gaming groups. He offered these communities his gaming servers and web hosting services via his company while in high school.
He is the Creative Director of The Forge Arena, the first competitive first-person shooter video game to employ blockchain technology through non-fungible tokens and play-to-earn game mechanics. The Forge Arena, striving to become the world’s first blockchain-based export, offers a unique, user-powered, and user-owned experience unrivalled in the industry.
Artur Minacov – The Forge Arena – Building an esport from scratch@aminacov of @TheForgeArena: “The goal for The Forge Arena is to be a game that still has a community in 20 years” #esportshttps://t.co/IAr13wAws2 pic.twitter.com/JHgDVMMiRk
— Esports Insider (@esportsinsider) June 21, 2018
In 2017, after he sold OPSkins, he immediately started building The Forge Arena. Due to a lack of funds and two years of labour, he abandoned the project. In light of the current developments in the NFT industry, it was a no-brainer for his co-founder Arthur to revive The Forge Arena and convert it into a blockchain game. The gaming community’s resistance to change is notable. They see the same opposition to the Play-to-Earn business as the Free-to-Play strategy. There is no doubt that the following year will be filled with great enthusiasm, not only for the Arena but also for the region in general. Currently, the Forge Arena is undergoing closed beta testing. The only way to participate in the game is to purchase one of the NFTs, which range in price from fifty cents to six hundred thousand dollars.
Currently, the game has no PvE components since the devs do not want to preempt anything. They are emphatic that the deployment of tokenomics and P2E methods should be deferred until after the design, development, and implementation of their major game mechanics and features.
In the NFT Generator, players may employ $BOUNTY, $SOUL, and $SCRAP to build customized weapon components and skins. Once all the required weapon bits have been assembled, and the skin has been created, players can choose to import these skins for use in the Forge Arena or resell them on the secondary market.
When a player completes a task or a challenge, they will get an additional reward in addition to the previously provided tokens. As a reward, this will be one of these three tokens, a skin, a battle pass, a store item, a partnered prize, or anything else along these lines.
The Ascendance Capsule drop consists of 11,111 capsules, each including two non-playable items: a tournament badge and an Ascendance-themed weapon skin. The skins are instantly available in the Forge Arena. At the same time, the badges allow players to participate in the Ascendance Series Tournament and compete for the most fantastic prize pool in the history of blockchain gaming, as well as earn another in-game coin called Sparks! Using the Stake action, you may sacrifice them to generate Bounty, Soul, and Scrap.
The spectator mode and viewer experience should precede all other components of an export. Before proceeding, they ensure that they have upgraded to the most recent version of Unreal Engine 5 and improved our Spectator Mode.
One of his tenets is that you cannot force a game to become an expert; nevertheless, you may provide the necessary tools and features for the community to accept it, such as competitive play, round-by-round interest, and spectator enjoyment. These ideas are of the highest importance to us, and we are trying to further them to promote a healthy and competitive community inside The Forge Arena.
Furthermore, he contends, “Everyone here is aware of the proportion of successful initial coin offers (ICOs) in the end.” Those few enterprises managed to survive, thrive and create exceptional products for the community. The same is happening in the gaming industry that uses NFTs and blockchain technologies. Most of these endeavours are bound to fail, but the few who will triumph are continually receptive to new ideas and strive diligently to shape the future.”
Genuine pioneers will design games with perfect gameplay mechanics, features, and token economics ratios. Tokens aren’t always bad to have, but if they serve little use in your game, it’s just a matter of time until they destroy it. If your whole ecosystem relies on a single token and that token fails to function as promised, your entire project will collapse.
Creators should take their time while designing NFTs and token utilities, burning mechanisms, and earning opportunities that contribute to the evolution of their respective microeconomies. It is of the highest significance that you deliver a game that is both interesting and difficult and maintains it with regular updates that push it to the next level with each patch and use the most advanced technology available.
Web3 will impact not just the gaming business but a broad range of industries. Regarding The Forge Arena’s features and mechanics, he wants us to be as imaginative and unique as possible.
Snoop Dogg, Gabe Newell, and Elon Musk are the individuals in question. They are visionaries, creative geniuses, and industry leaders who have contributed substantially to the communities serviced by their respective disciplines. All of these individuals act as a source of daily inspiration for him.
His primary goal is to create the next generation of video games using Web3 technology. He sees a future whereby our studio will have a self-sufficient city or complex that would include robots, artificial intelligence, non-fungible coins, and blockchain technology. This will connect the actual world with the virtual world.