Openfort vs other Solutions
In the rapidly evolving realm of blockchain gaming, numerous solutions are vying for a slice of the pie. Among them, Openfort has carved a unique niche, focusing on providing a seamless, game-centric wallet experience. Here’s a comparative look at how Openfort stands tall against other industry contenders.
A Primer on Openfort
The Openfort's mission is to grow the gaming economies. We believe that by building 1) a robust onbaording with signer management and 2) a transaction cloud platform, we'll be expanding the pie for thousands of games looking to build a fun and engagin games where players like to participate in the economies they generate. We’re building the infrastructure needed to have hit games like Clash of Clans.
The Openfort Edge
- Developer Experience first: Unlike conventional setups, Openfort understand and works with a diverse number of technology providers to seamlessly help you develop the innovation you have in mind.
- Hyperstructure-Based Infrastructure: A step beyond, Openfort’s infrastructure is rooted in hyperstructures, simplifying digital asset access, enhancing liquidity, and broadening network value.
- Build from the "server" up: Current web3 solutions rely too heavily on the client side. While this has obvious benefits for individuals, it also comes with issues for high-performance applications. Games use the backend to deal with customization, scalability and costs. At Openfort we understand the painpoints and build our core to leverage the best of both worlds—scalability and ownership—to the realm of games.
Competitior Analysis
We categorize the present strategies into two main categories:
1) Game-specific vs. Generic Meaning generic wallet solutions for applications with varying methods for managing private keys (MPC, KMS, etc.), while verticalize includes a comprehensive suite of products from which games can benefit, usually including wallets -other services may encompass inventory and currency minting, indexers, white-label marketplaces, etc.
2) External Owned Accounts (EOA) vs. Smart (Contract) Wallets Openfort is pioneering the first gaming-centric wallet built to make wallets effectively 'invisible' to players, simplifying their experience. Let's take a deeper look at the current solutions:
EOA & Generic
These solutions emphasize private key management over user experience. Unlike Openfort, they lack optimizations like gas sponsoring and transaction batching, essential for an enhanced player journey.
| Openfort | Privy | Particle Network | Web3Auth | Turnkey | |
|---|---|---|---|---|---|
| Smart Account | ✅ | ⛔ | ⛔ | ⛔ | ⛔ |
| Signer | SSS | SSS | TSS | SSS/TSS | KMS |
| Game SDKs | ✅ | ⛔ | ⚠️ Only Unity | ✅ | ⛔ |
| Gasless Transactions | ✅ | ⛔ | ⛔ | ⛔ | ⛔ |
| Zero wallet popups | ✅ | ⛔ | ⛔ | ⛔ | ⛔ |
The wallet provides a smooth onboarding experience but carries all the limitations of creating an EOA instead of a smart contract wallet. They have no options without their UI, neither optimizations in the player experience like gas sponsoring, batching of transactions, etc. It's literally a burner/hot wallet.
Most of the aforementioned options are only focused on improving the user authentication and onboarding. In the process of creating a wallet, it generates simple EOA without any programmability or means to enhance the UX. This, while straightforward, has several limitations on the player’s experience and wallet management.
EOA & Game-Centric
Here are more complete solutions towards gaming and include things like marketplaces, inventory, etc. While these solutions offer game-specific features, they lack the technological edge of smart accounts seen in Openfort, which leads to vendor lock-in and limited external solution interactions.
| Openfort | Stardust | Venly | |
|---|---|---|---|
| Signer | SSS | KMS | KMS |
| Smart Account | ✅ | ⛔ | ⛔ |
| Gasless Transactions | ✅ | Custodial | Relayer |
| Zero wallet popups | ✅ | Custodial | ⛔ |
| Use any Smart Contracts | ✅ | ⚠️ | ⚠️ |
| Ecosystem Integration | ✅ | ⛔ | ⚠️ Only Wallet API |
These solutions offer a complete suite of gaming tools ranging from NFT minting, marketplaces, indexers and/or wallets. While complete in many aspects, they are still relying on EOA instead of Smart accounts which limits some capacbilities for the end user.
Smart Account & Generic
These providers are delving into smart contract wallet solutions but lack a defined vision, contrasting with Openfort’s clear focus on providing a tailored solution for the gaming industry.
| Openfort | Thirdweb | ZeroDev | Alchemy | |
|---|---|---|---|---|
| Signer | SSS | SSS | External Signers | External Signers |
| Gasless Transactions | ✅ | ⚠️ Only on network tokens | ✅ | ⚠️ Only on network tokens |
| Zero wallet popups | ✅ | ✅ | ✅ | ⛔ |
| Game Network Infra | ✅ | ⛔ | ⛔ | ⛔ |
| Gaming SDK | ✅ | ✅ | ⛔ | ⛔ |
These organizations appear to be diversifying its features with the aspiration that one may gain traction, rather than being driven by a definitive vision and addressing a specific problem. Broadly speaking, their offerings can be characterized as generic solutions that lack both innovative elements and a focus on client-centricity.
Smart Account & Game-Centric
Although focusing on gaming use cases, these organizations build their own gaming wallet brands, which may impose restrictions on games and players, unlike Openfort's open, customizable approach.
| Openfort | Sequence | Immutable Passport | |
|---|---|---|---|
| Signer | SSS | TSS | KMS |
| Gasless Transactions | ✅ | ⚠️ Relayers | ⚠️ Relayers |
| Zero wallet popups | ✅ | ✅ | ⚠️ No details |
| Headless Account | ✅ | ⛔ | ⛔ |
| Game Network Infra | ✅ | ⛔ | ⛔ |
| Server Side powered | ✅ | ⛔ | ⛔ |
The most constraining part is that these providers are buidlign their own gaming wallet brand versus openfort offering their tech to be completely branded on top. Anyone could build their own Immutable Passport, like Beam (Merit Circle) did with Openfort.
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