The crypto-powered Esports streaming platform Theta has partnered with South Korean social gaming platform Ludena Protocol to reward its gamers for viewing or streaming content. The partnership will see Theta protocol integrated into GameTalkTalk, Ludena’s first decentralized application (DApp) — allowing the gaming-centric social platform’s more than three million users to access Theta’s streaming services through the platform. Ludena’s users will be rewarded for engagement in the form of Theta’s TFUEL token. Theta TV to integrate GameTalkTalk The agreement will see an exclusive GameTalkTalk channel added to Theta’s streaming platform, Theta TV — allowing Ludena to tap into Theta’s audience …

Ava Labs, the development team behind the Avalanche blockchain has teamed up with non-fungible token (NFT)-focused investment firm Polyient Games to launch a decentralized exchange (DEX) for crypto collectibles. Polyient’s NFT exchange will be powered by the Avalanche blockchain and will exist within the firm’s forthcoming Polyient Games Marketplace. The exchange is slated to host exclusive NFT auctions and peer-to-peer trading, with plans for “more liquid NFT trading products” and “NFT-adjacent tokens” in the future. Polyient’s native utility and rewards token, PGFK Particles (XPGPs), will be used to power the exchange. It will be the base currency for all NFT …

Formed to connect fans of Japanese animation, the Otaku Coin Association has announced leading figures from the anime and the blockchain industry will join its leadership team. According to a July 27 article in Japanese news outlet AdverTimes, executives from Dentsu Japanimation Studio and the Hakuhodo Blockchain Initiative will be joining the Otaku Coin Association (OCA) as new directors. The OCA appointed Makashi Muto from Dentsu and Yusuke Ito of Hakuhodo to its team. The association started distributing 6 million tokens among 15,000 participants for free in September 2018. However, the OAC intends to launch a fundraiser in 2021 as …

As blockchain technology continues apace in its quest to infiltrate and improve the gaming sector, multiple platforms have been springing up to vy for your attention. Earlier this month Cointelegraph reported on Pavillion Hub, developed by GOATi entertainment and powered by Phantasma blockchain, which integrates with the Steam gaming platform. This allows developers to easily incorporate blockchain elements into games they release on Steam. But what is the user experience like for gamers? I spent some time playing with the system, and its sample game 22nd Century Racing Series (22 Racing), to find out. Better remember it's beta The first …

Blockchain technology has recently become a phenomenon in various areas of the economy, driving innovation, fostering growth and bringing added value. Among the most noteworthy of these sectors is the gaming industry. Gaming is a use case that drives true adoption of blockchain technology by taking the incentive for the user from pure speculation to transactions on a blockchain platform. This drives innovation in development as well as consumer adoption. The first true blockchain gaming application was Cryptokitties. While the platform itself is a technology demonstrator for collectible items, it quickly rose to prominence as the application representing the majority …

Garry Kasparov, the Russian chessmaster who faced off against IBM’s “Deep Blue” supercomputer, says Bitcoin, crypto and blockchain technologies, are the solution to the demand for privacy in financial markets. In a July 23 interview with Forbes contributor Roger Huang, Kasparov said he saw many upsides to cryptocurrencies. According to him, they give individuals more control over their money, which is usually regulated “either by the state, corporations or outside parties.” “The good thing about Bitcoin is that you know exactly the number — the magic number of 21 million,” the chessmaster said, referring to the maximum number of Bitcoin …

Prominent online entrepreneur and the founder of blockchain-focused gaming firm Anomica Brands, Yat Siu, has likened the impact of cryptographic non-fungible tokens (NFTs) to the advancement of property rights in early-modern Europe. Speaking to Cointelegraph, Yat Siu compared the established gaming industry to feudal kingdoms — where “all the benefits flow to the lords and kings [who] get everything, and the peasants and serfs [...] rent the land essentially.” “When the black plague happened, all these people died off in Europe [...] and the birth of the Renaissance really only became possible because these noblemen started dying off, [...] and …

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 myriad benefits for the world’s 2.5 billion gamers. Related: Beyond …

During a gaming-focused Unitize digital conference panel, Mike Termezy, vice president of token economics at blockchain technology services company Forte Labs, explained blockchain can alter gaming market ecosystems. Blockchain can lay out more clearly-defined scarcity parameters in gaming During the panel, Termezy, along with gaming expert and principal at Gossamer Consulting Group, Eric Kress, discussed a number of points on the current gaming scene. Topics included comments on various gaming communities, the digital in-game products companies sell, and other aspects. After noting a number of points on blockchain application in gaming, Termezy dialed into the economics surrounding games, and the …

The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of the emerging crypto and blockchain space. Developments around central bank digital currencies, as well as the impact of COVID-19 on the industry, have taken center stage during the first two days of the event. Crypto and blockchain adoption amid the pandemic The COVID-19 outbreak continues to dominate discourse across the social, political, economic and several other facets of human life. Thus, it was unsurprising to see the novel coronavirus featured in multiple panels …

Blockchain gaming may become the next evolution of an industry that is now well into reaching market cycle maturity, according to Outplay Games’ CTO Paul Gadi. In his panel at Unitize, titled “Decentralizing Video Games,” he delivered a presentation on how blockchain can reinvigorate an industry that has fallen into what many consider predatory practices and platform lock in. He identified three ways in which blockchain can help solve issues deriving from industry centralization. Decentralized identity A key step in decentralizing games, according to Gadi, is providing a decentralized identity mechanism. As the gaming industry evolved, publisher platforms became the …

The much-delayed blockchain role-playing game Neon District will be launching on Ethereum layer-two scaling solution Matic, according to a recent announcement. Neon District developer, Blockade Games will also move several of its community games onto the network. Could we finally be entering the Neon District? Neon District has been coming “soon” since October 2019, when its imminent launch was delayed by six months. Set in a dystopian future, the game centres around rebels fighting an authoritarian government. Players level up their characters by completing missions, and acquire equipment in the form of non-fungible tokens. These NFTs will be freely tradable …