blockchain technology

8Hours Platform Guide: Everything About EHRT

Combining the real world with virtual space would have seemed impossible decades ago. There have been many issues such as data integrity and information security that impeded the development of the technology. However, the 8Hours Foundation, among other companies, showed that it can actually be done. Through the help of blockchain technology and its innovations, 8Hours made the tokenization of physical assets to create their digital counterparts possible — and enjoyable. In this article, we shall explore how the 8Hours foundation took advantage of revolutionary blockchain technologies like Vechain and

Infinite Fleet Raises $3.1 Million in Oversubscribed Round Led by…

HONG KONG (PRWEB) August 06, 2020 Infinite Fleet, the revolutionary sci-fi massively multiplayer online (MMO) strategy game created by Blockstream CSO and Pixelmatic CEO Samson Mow has completed a funding round totaling $3.1 million through a private security token offering (STO). Infinite Fleet is an online strategy game in which thousands of players command fleets of customizable spaceships and play cooperatively to fend off an alien threat, leaving their legacy in the game’s lore via its unique directed narrative feature. The game draws inspiration from space real-time strategy (RTS) and

How the Tokenization of the Gaming Industry Empowers Players

Amid the COVID-19 pandemic, one thing is clear: The video games industry is thriving. As people around the world find themselves with more time on their hands thanks to government-mandated lockdowns and a partial economic shutdown, video game sales have skyrocketed. Despite being overshadowed by some of the more glamorous uses for blockchain technology, the gaming industry may be poised for a generational leap forward with the advent of asset tokenization — a practice that could expose the gaming industry to a whole new wave of investors while simultaneously unlocking

Blockchain can make video game playing valuable: Hironao Kunimitsu

The blockchain gaming economy will be larger than Japan’s, the Tokyo-based businessman said Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, spoke about the future of gaming in the context of blockchain-based trading of non-fungible tokens (NFTs) at the Japan Traders Live organised by CoinTelegraph last week. The entrepreneur believes that the market to trade NFTs in video games will grow to become “larger than Japan’s economy.” He further explained that the potential for video games like Minecraft, if they adopt blockchain technology, is huge. Fungible tokens like

Season 5 of Ubisoft Entrepreneur Labs has begun, revealing 8 chosen startups

Based in Station F (Paris), Ubisoft launched the newest season of their startup program, led by the Ubisoft Strategic Innovation Lab. The program is oriented around supporting innovative startup products and services by providing them expert assistance and access to world-class facilities.  Season 5 of this series will be focused over social entertainment, as evidenced by statements made by the Program Director of the Ubisoft Entrepreneurs Lab Catherine Seys’ on the 9th of January, 2020. She laid out the foundation for the 5th Season by saying – “We want to

Atari Partners with Unikrn to Increase Game Token Functionality

Gaming and interactive entertainment giant Atari has secured a partnership with blockchain esports firm Unikrn. The deal is geared towards enabling Atari token holders to shop, game, and bet with the firm’s native cryptocurrency. Tokenizing Atari’s Video Game Ecosystem According to a press release published on Thursday (June 11, 2020), California-based gaming heavyweight Atari has signed a partnership with industry-leading esports blockchain company  Unikrn to increase the utility and functionality of its native blockchain game token dubbed Atari Token. Commenting on the details of the deal, CEO of Atari Fred

Gaming Giant Atari to Use Its ‘Atari’ Token for Betting, Gaming and Shopping

Gaming behemoth Atari announced that holders of its Atari token will be able to spend it on betting, gaming and shopping. According to an announcement on June 12, the new offerings for Atari token holders follow a partnership with esports firm Unikrn. With the partnership, Unikrn will get access to Atari’s classic games such as Centipede, Pong and Asteroids. Atari — on the other hand —  will get access to the firm’s esports betting platform and will see its token added to its ecosystem. Per the announcement, Atari’s token will

Blockchain Platform PlayDapp Launches New NFT Exchange for Gaming

PlayDapp, a Korean blockchain gaming platform that allows players to play blockchain-based games without spending cryptocurrency, has just launched a new platform called the “PlayDapp MarketPLAce.” According to a press release from the group, this exchange is a non-fungible toke space for gamers to trade, sell, and purchase items required for the different games offered on PlayDapp. As of now, the exchange is host to two games that can take advantage of this marketplace: CryptoDozer and DozerBird. Each has unique items with their own values and other forms of transaction.