Telescope Labs has confirmed that it uses artificial intelligence (AI) to reshape the world of Web3 gaming. By leveraging predictive models, they provide tools for data analytics, user tracking, and game economy optimization.
The startup specializes in data analytics and AI-powered game economics and it recently confirmed its move into the Web3 gaming industry with a suite of advanced solutions. This move comes after a successful pre-seed funding round held in September 2022, during which the firm managed to raise more than $2 million from investors like Kube VC and Griffin Gaming Partners.
Operating from London, Telescope Labs strives to leverage the acquired funds to over advanced data analytics and predictive models, hence reshaping the virtual economies within the Web3 gaming space.
Top-Notch Solutions And Strategic Partnerships
Telescope Labs uses the power of machine learning and predictive models to boost efficiency for its users. By using its self-service API and integration SDKs, users can connect their gaming data and support extensive tracking and analysis across their game and the entire blockchain.
Among the notable Telescope Labs’ innovative solutions are Data Analytics and Market Intelligence tools. All these resources are well-created to provide valuable insights and many optimization opportunities to game publishers and developers, hence allowing them to sustain their virtual economies.
In that context, Telescope Labs’ push for transformation continues far beyond developing solutions. The firm has also executed strategic partnerships with various notable game studios and initiatives, including PlayEmber, Widow Games, Gamevolution, and Pink Moon Studios. All these partnerships prove Telescope Labs’ commitment to boosting cooperation and innovation within the quickly-changing Web3 gaming industry.
The Future: An Evolution Of Game Analytics
One of Telescope Labs’ outstanding developments is Vantage. Vantage is a highly advanced economy-specialized LLM chat solution. Designed meticulously with a natural language query interface, Vantage helps facilitate smooth insight generation, analysis, and optimization of game economies. It mainly changes companies’ strategies and approaches to decision-making and data analysis, helping unlock the full potential of their game economies.
The CEO and Co-founder of Telescope Labs, Semih Gilan, was excited about this revolutionary venture. He stated:
“We can’t wait to embark on this exciting journey together with our partners and clients. By unlocking the power of LLMs, we pioneer evolution on game analytics and empower developers to revolutionize the industry.”
Reiterating the sentiment, the Managing Director & Co-founder of Griffin Gaming Partners, Phil Sanderson, insisted on the importance of comprehending game economics for successful developers. He commented:
“Just like real-world economies, in-game economies must be balanced: if the inflow and outflow of in-game resources aren’t carefully managed, it could lead to hyperinflation or deflation, disrupting the game experience and causing dissatisfaction among players, possibly leading to real-world economic consequences. A game economy management tool is badly needed to help developers analyze and use the on- and off-chain data points.”
Telescope Labs is perfectly positioned to support and push for considerable change within the gaming space by showing a commitment to excellence and industry partnerships. CEO of PlayEmber, Hugo Furneaux, added his support saying:
“When deciding on partnerships, we look beyond the present and strive to find technologies that will already be simplifying what brands will need in 2-5 years.”
Conclusion
The firm strives to boost game economies and the user experience by using the power of AI and data analytics. Its collaboration with leading game studios and the introduction of its LLM chat solution, Vantage, proves the company’s commitment to innovation.
As the Web 3.0 space continues evolving, Telescope Labs is perfectly positioned to shape its future, providing some exciting prospects for the gaming sector and beyond.
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