Tevaera is an innovative decentralized gaming ecosystem designed to streamline the development and enjoyment of multi-genre Web3 games. By leveraging the ZK Stack and zkSync Era, Tevaera offers a seamless platform for both developers and gamers, emphasizing user experience, scalability, and interoperability.

Tokenomics

The native utility token of the Tevaera ecosystem is $TEVA, serving multiple functions:

  • Transaction Fees: Utilized for processing transactions on the Teva Chain.
  • Node Operation: Incentivizes nodes that secure the decentralized gaming platform.
  • Play-and-Earn Economy: Powers gaming agents, tournaments, and various game modes.
  • Governance: Enables community-led decision-making to foster ecosystem growth.

The total supply of $TEVA is 4 billion tokens, distributed as follows:

  • Community & Ecosystem: 51%
  • Early Backers: 20%
  • Team & Advisors: 18%
  • Foundation: 7.5%
  • Liquidity Provision: 3.5%

At the Token Generation Event (TGE), approximately 9.56% of the total supply (382.4 million tokens) was in circulation, with a significant portion allocated to community members through an airdrop.

Underlying Technology

Tevaera's infrastructure comprises three primary layers:

  1. Teva Chain: An elastic gaming chain built using the ZK Stack, featuring native Account Abstraction (AA) and validium-mode data availability. This design ensures high speed and cost efficiency within the Ethereum ecosystem.
  2. Teva Stack: Provides developers with turnkey SDKs and APIs for multiplayer functionalities, asset management, reputation systems, and social integration. It offers a Web2-like developer experience through a graphical user interface, facilitating seamless integration of Web3 features into Unity or Unreal Engine-based games.
  3. Gaming Applications: Includes a variety of games, AI-powered gaming agents, and a marketplace and decentralized exchange (DEX) for trading in-game NFTs and tokens. This comprehensive suite offers gamers a unified Web3 gaming experience.

Network Compatibility

Tevaera operates on the zkSync Era, a Layer 2 protocol that enhances Ethereum's scalability and transaction speed through zero-knowledge proofs. Plans are underway to launch a Layer 3 gaming chain on zkSync, further optimizing performance and user experience.

Market Status

As of January 2025, $TEVA is trading at approximately $0.0316, with a 24-hour trading volume around $9.2 million. The circulating supply is about 307.96 million tokens, leading to a market capitalization of roughly $13.88 million. The token is available on exchanges such as MEXC, KuCoin, and PancakeSwap V3.

Investors

In April 2024, Tevaera secured $5 million in seed and private financing. The funding round was co-led by Laser Digital and Nomura Group, with participation from HashKey Capital, Fenbushi Capital, Matter Labs, Draper Dragon, Crypto.com Capital, and others. This financial backing underscores strong confidence in Tevaera's vision and potential.

Development Status

Tevaera has made significant strides in building its gaming ecosystem. The mainnet launch on zkSync Era has been completed, and the team is actively developing the Layer 3 gaming chain, with a testnet expected to go live in Q1 2025. The platform currently boasts over 850,000 gamers and nearly 2.5 million utility NFTs, reflecting substantial community engagement.

Technological Innovation and Potential

By integrating zero-knowledge technology and offering a comprehensive suite of developer tools, Tevaera addresses key challenges in Web3 gaming, such as scalability, user experience, and seamless integration of blockchain features. Its commitment to a community-driven approach and sustainable decentralized governance positions Tevaera as a pioneering force in the evolution of blockchain-based gaming ecosystems.

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