What is B3 (B3)?

Quick Facts

  • Blockchain: Layer 3, settling on Base (Ethereum Layer 2)
  • Created by: Base/Coinbase alumni and OG Ethereum contributors
  • Developer: NPC Labs, under the Player1 Foundation
  • Token utility: Governance, staking, and in-ecosystem transactions
  • Game discovery platform: BSMNT.fun (Basement.fun)
  • Mainnet launch: 2024
  • Funding raised: $21 million

Introduction

B3 is a horizontally scalable gaming ecosystem built on the Base blockchain. It functions as a Layer 3 (L3) settlement layer, sitting on top of Base (itself an Ethereum Layer 2), and is designed to bring the next generation of gamers and game creators on-chain.

The project's core mission is 'Open Gaming' — an interconnected platform that restores economic and creative freedom to both players and developers.

History & Background

B3 was created by a team of Base and Coinbase alumni alongside veteran Ethereum contributors. The project is developed by NPC Labs and operates under the Player1 Foundation, an organization focused on advancing Web3 gaming infrastructure.

B3 launched its mainnet in 2024 and quickly gained traction, with its testnet recording over 367,000 wallets and 47 million transactions before the public launch. The ecosystem raised $21 million in funding to support its growth.

How B3 Works

B3 is architected as a Layer 3 blockchain that settles transactions directly onto Base, inheriting the security of the Ethereum Virtual Machine (EVM). This structure allows B3 to offer extremely low transaction fees — often sub-cent — making it practical for high-frequency gaming interactions.

Within the B3 ecosystem, individual games can run on their own AppChains (game-specific blockchains). Chain abstraction lets players log in with a single account and access assets across multiple games without needing bridges or multiple wallets.

Tokenomics

The $B3 token is the backbone of the entire ecosystem. It is structured around three core utilities: governance, staking, and in-ecosystem transactions. Token distribution follows a structured release schedule starting at the Token Generation Event (TGE).

Staking $B3 provides exposure to future B3 AppChains, early access to new game launches, eligibility for ecosystem grants, and potential partner airdrops — aligning long-term incentives for holders with ecosystem growth.

Circulating supply ? 100.00 billion B3
Total supply ? 100.00 billion B3
Max supply ? 100.00 billion B3
Updated 6h ago

Ecosystem & Use Cases

  • BSMNT.fun — a game discovery platform that aggregates Web3 games for players and provides visibility tools for developers.
  • AppChains — individual game-specific blockchains enabling customized environments per game.
  • Developer tools — SDKs, marketing tools, and infrastructure to lower barriers for game creators.
  • Governance — token holders can participate in shaping the future direction of the B3 protocol.

Team, Governance & Community

B3 is developed by NPC Labs and governed through the Player1 Foundation. The team blends blockchain engineers, gaming industry veterans, and crypto ecosystem experts. Governance is progressively being decentralized via DAO mechanisms, with $B3 holders able to vote on ecosystem decisions.

Advantages

  • Ultra-low fees from L3 architecture make gaming transactions practical and affordable.
  • EVM security inherited from Base and Ethereum provides a robust foundation.
  • Chain abstraction delivers a seamless, single-account player experience across games.
  • Strong team pedigree from Base, Coinbase, and early Ethereum contributors.
  • Developer-friendly with SDKs and tooling to lower onboarding barriers.

Risks & Challenges

  • Layer 3 adoption is still an emerging concept, and the technology is relatively unproven at scale.
  • Gaming competition in the Web3 space is intense, with many rival ecosystems vying for developers and players.
  • Token emission over time may create sell pressure as allocations unlock.
  • Mainstream gaming adoption of blockchain-based games remains an ongoing challenge industry-wide.

Long-Term Vision

B3 aims to build an Open Gaming economy where developers and players have genuine economic and creative ownership. The roadmap focuses on expanding staking features, onboarding major game studios, deepening DAO governance, and scaling AppChains to support a growing library of on-chain titles. The ultimate goal is to make blockchain gaming as accessible and engaging as traditional gaming — without sacrificing decentralization.

Frequently Asked Questions

B3 is a Layer 3 gaming ecosystem built on the Base blockchain. It provides scalable, low-cost infrastructure for on-chain games, enabling players and developers to interact within a shared, open ecosystem.

B3 was created by NPC Labs, a team of Base and Coinbase alumni alongside veteran Ethereum contributors. The project operates under the Player1 Foundation, dedicated to advancing Web3 gaming infrastructure.

B3 operates as a Layer 3 network that settles on Base, which is itself an Ethereum Layer 2. This means B3 transactions inherit the security guarantees of the Ethereum Virtual Machine.

The $B3 token powers governance, staking, and in-ecosystem transactions. Staking B3 also grants holders exposure to AppChains, early game access, and eligibility for ecosystem grants and partner airdrops.

BSMNT.fun (Basement.fun) is B3's game discovery platform. It aggregates Web3 games in one place, giving players easy access to titles and helping developers reach new audiences.

AppChains are individual, game-specific blockchains within the B3 network. Each game can run on its own AppChain, allowing customized environments while still sharing the broader B3 liquidity and player base.

By operating as a Layer 3 built on top of Base, B3 can process transactions at extremely low costs — often sub-cent. This makes frequent, small in-game transactions economically viable for players.

B3 has raised $21 million in funding to support the development of its gaming ecosystem, infrastructure, and ecosystem growth initiatives.