Bře 28

These Investors Are Betting Big on the Future of Blockchain Gaming

Supply chain, trade finance and digital identity have all been touted as potential “killer apps” for blockchain. Blockchain solutions in each of these areas continue to attract significant investment. However, there is one use case for blockchain which has the potential to trump all others – gaming.

Gaming is already a double-digit growth sector, with a global market value of nearly $135 billion in 2018. Fortnite is currently one of the most popular games worldwide, with 200 million players. Gaming channels feature heavily among the top influencers on YouTube, with heavyweight gaming vlogger PewDiePie clocking up over 90 million subscribers.

Blockchain technology is making strides, but it still needs a killer app to appeal to a mass user base. However, blockchain has much to offer the gaming industry.

Is Gaming Blockchain’s Killer App?

As gaming becomes more high-stakes, with users investing serious cash into their online profiles, account theft is becoming more prevalent. Hackers have been reportedly stealing accounts from games such as League of Legends, with the goal of selling the accounts online to others who prize the accrued in-game assets. Blockchain offers the potential for immutable ownership of unique digital assets, making it an attractive proposition for game developers.

Although blockchain games are among the most popular decentralized applications, scalability has been a barrier for developers. Games typically require a high transaction throughput, and Ethereum has struggled to live up to the job ever since the mania around CryptoKitties strangled the network back at the end of 2017. Newer blockchains such as EOS and Tron are addressing the scalability challenge, opening up the possibilities for dApp game developers.

Therefore, it’s hardly surprising, that the convergence of blockchain and gaming is now attracting significant investment. Here, we look at three separate instances where investors are betting big on blockchain gaming.


Ripple has made its name predominantly in the financial sector; however the company also has an investment arm, called Xpring. Xpring is partnering with Forte, a blockchain gaming company founded in February by executives from the gaming industry and backed by big names such as Andreesson Horowitz and Coinbase Ventures. The partnership between Xpring and Forte launches a joint plan to help integrate blockchain into the gaming industry.

As part of the plan, Forte will oversee a $100 million fund, held in XRP and released to game developers or designers for incorporating Ripple blockchain services into existing games which have over 50k daily users.

The move represents an opportunity for Ripple to expand its offerings beyond messaging software for the finance sector. Forte will be using Ripple technology, including the Interledger protocol which enables transactions across different blockchains. A smart contract service called Codius will also be available.

Mangrove Capital/DreamTeam

Mangrove Capital is a Luxembourg-based venture fund with team members who have previously been involved in successful tech startups such as Skype and Wix. Late last year, the company announced it was putting a $5 million investment into DreamTeam, a blockchain-based all-in-one eSports platform.

For the uninitiated, eSports is the billion-dollar industry of professional gaming. Competitors from different teams or leagues compete professionally in games such as Counter-Strike. Gameplay is streamed in real-time to fans all over the world. For this reason, the eSports industry is growing fast, as ever more brands and sponsors look to capitalize on the marketing potential.

The founders of DreamTeam recognized that there’s a gap in the eSports market for a platform that connects a fragmented industry and helps to reduce incidences of fraud and non-payments. DreamTeam will serve as a gateway for connecting the various players, leagues, agents, sponsors and tournament operators. Their DREAM token will also be used to receive the advertised prize money when winning these tournaments.

The eSports market is set for rapid further growth, with revenues forecast to reach $1.65 billion by 2021. Therefore, it’s easy to see why Mangrove has chosen to invest in a company like DreamTeam, which is aiming to corner this burgeoning section of the gaming market.


Last year, Tron announced that it was establishing a blockchain game fund called Tron Arcade. The fund aims to build the foundation for a blockchain gaming ecosystem on the Tron platform, with Tron providing up to $100 million in funding over the next three years.

The Tron Arcade website points to the potential of tapping into engaged users and the limited selection of dApp games currently available. The fund is aimed at providing developers with distribution, funding, advice, and potential access to partnerships through the Tron network.

Tron is making rapid headway among dApp platforms, with fast transaction speeds of up to 2,000 tps. Founder Justin Sun is ambitious about his vision, which is for Tron to “decentralize the web.” This vision was a driving force behind Tron’s acquisition of peer-to-peer filesharing service BitTorrent for $150 million. According to its blog, the Tron Foundation is also venturing into other blockchain use cases including charity, consumer internet, and social media.

Bottom Line

The double-digit growth of the gaming sector shows no signs of slowing. However, the convergence of blockchain and gaming could be a massive turning point, enabling even more significant growth in the future. The influx of investment capital from the big blockchain platforms and venture funds certainly seems to indicate that we can expect far more to come from this combination.

Lis 02

Gamerholic Launches Steemit-Like Social Media Platform for Gamers

Source: bitcoin


Gamerholic, a cryptocurrency-fueled competition platform for casual gamers, has taken a page from Steemit and created a monetized social media platform tailored towards the gaming community.

Also read: Jaxx Wallet Now Live With Zcash

Gamerholic Presents Monetized Social Media for Gamers

Utilizing a Reddit and Steemit-inspired voting system, posts on the platform earn “Respeck.” The more Respeck a post earns, the more money it receives.

Additionally, users who give their Respeck to posts earn a portion of the rewards. Funds for these content rewards come from a percentage of the platform’s service fees, which differs from the Steemit model of using a percentage of the actual token’s market cap for rewards.

According to Anari Sengbe, Gamerholic’s founder, Gamerholic coin is the only currency used on the platform, with all payouts made in the coin.

The monetary rewards go to a platform-based hot wallet, cold wallet and a “main wallet,” from which Gamerholic coins can be sent to an exchange for conversion into bitcoin or another currency.

Sengbe said that the main wallet can be emptied once a day, while the cold wallet can only be emptied incrementally over the course of 8 weeks.

Similar to Steem Power, users on this gaming-centric platform can amass a “Gamerholic Power Level,” (GPL) which amplifies the amount of rewards users earn for getting Respeck on their posts. The platform determines a user’s GPL by the amount content they have posted and voted on, providing an incentive for regular participation.

However, Sengbe will give users a one-time chance to boost their GPL for a price. “This is our way of raising funds,” he said, “since it’s too late to sell tokens.”  

The Gamerholic founder imagines that several interesting things will come from this gamer-oriented social media format.

As an example, Sengbe said that users could use the platform to organize gaming tournaments. As a post for a tournament gets Respeck — thereby earning money — the prize pot for the tournament grows.

The Rise of Blockchain Gaming Platforms


Sengbe founded Gamerholic in 2014 after discovering bitcoin and its irreversible transactions. In creating the company and its branded cryptocurrency, Sengbe wanted to provide a place where people could place bets on online gaming matches without worrying about credit card fraud or chargebacks.

Since then, cryptocurrency and blockchain-based gaming platforms have exploded in popularity. FirstBlood.io, an Ethereum-based matchmaking platform geared towards eSports competitors, raised $5.5 million USD within minutes, shutting down its ICO on the first day.

After its successful ICO, the FirstBlood team began work on the platform’s alpha version, which they expect to release in late December 2016.

Meanwhile, Sengbe continues to work on the Gamerholic brand, seemingly unfazed by the stiff competition. In the weeks since FirstBlood’s massive ICO, Sengbe has launched the social implementation of the Gamerholic platform, as well as a mobile application that lets users discover games and apps that accept Gamerholic coin.

“We are the first,” Sengbe said when asked if his social media platform would give him an edge over his competitors. “I’ve had development time.”

“We’ve been around two years, the community should be excited about this direction of social and gaming for crypto.”

What do you think about this new gaming-centric social media platform? Let us know in the comments below.

Images courtesy of Gamerholic. 

The post Gamerholic Launches Steemit-Like Social Media Platform for Gamers appeared first on Bitcoinist.net.

Gamerholic Launches Steemit-Like Social Media Platform for Gamers

Bře 18

Spells of Genesis: Magic for the Core, Casual and Crypto

Source: bitcoin

Spells of Genesis

Once relegated to the back of comic book shops around the world, trading card games made a leap forward in 2002 when Magic: The Gathering went online.Unfortunately, at its core TCGs haven’t changed their makeup since: Controls are turn based, games are played in real-time, and though Magic Online lets you trade your cards you don’t physically possess them.When Spells of Genesis (SoG) drops on Android and iOS devices (currently in its BETA stages), expect an evolution that brings new gamers on the go while exciting vets who yearn for when they truly owned their deck.

This Article was provided by The Vanbex Group 

Attack, Defend, Progress Whenever You Want in Spells of Genesis

Real-time multiplayer is the foundation of TCGs, but it’s a tough sell when you’re a gamer on the go.

How do you commit to a full match on the way to work or school? SoG solves that by using asymmetrical multiplayer, a style of PvP gaming popularized in games like Clash of Clans and Arnold Schwarzenegger’s Mobile Strike.

Choose your cards, pair up with your offline opponent’s defense and go on the attack. You’ll face their cards in the form of orbs – the bigger the orb the larger its hit points – and if you don’t choose a capable combination of cards or elements, they’ll be leveling up instead. Conversely, you can build your own defense for opponents to attack while you’re offline.

Pause the game if you hit your stop on the subway. Fire off spells at your opponent while in a traffic jam. Use your best defensive spells to give your profile strong protection while offline. How and when you choose to attack or defend is completely up to you.

Fuse Your Magic. Build Your Deck. Make Some Coin

The standard in online TCGs like Magic Online and Hearthstone: Heroes of Warcraft is buying packs to empower your overall deck. Even if you find something rare in a pile of doubles and low-level cards, the card itself will never change or evolve.

To ensure improving your deck isn’t just the luck of the draw, SoG is letting you upgrade and max out your cards like you’re playing Final Fantasy.

Either after beating the CPU or an online opponent, victories earn you Elemental Crystals to upgrade your cards. Max out the “Minotaur” card; fuse it with another upgraded copy to evolve it to “Minotaur Shield Holder.” Then upgrade and fuse two Minotaur Shield Holders again to help it reach its final form, “Devastating Minotaur” (yes, it’s powerful and … devastating).

Keep the final form in your collection forever if you want, or sell it for real money. And don’t believe the hype that digital trading in gaming is destined for unregulated disaster. EverdreamSoft has a simple and monitored solution to owning and selling your digital purchase: the Bitcoin blockchain.

Using the Bitcoin Blockchain to Own Your Deck

Unless you’re still playing live, no TCG player legally owns their hard-earned digital cards. Think of it like the iTunes Store, you may have paid $10.99 for that Jonas Brothers album, but when you die it (thankfully) dies with you.  SoG is changing all that by using the booming digital, cryptocurrency.

Bitcoin allows you to buy the game’s BitCrystals (SoG’s in-game currency), then own cards like digital property. You buy your card, and it exists like your favorite chaos spell in cyberspace. Cards are yours forever and Bitcoin keeps track of any trade you make. No dishonest deals, no hoping for fair delivery.

EverdreamSoft is already selling rare cards created with partners and sponsors on the blockchain. Some of those cards are already in short supply; expect them to skyrocket in value once they’re sold out.

Unfortunately, understanding everything about Bitcoin is like understanding the housing crisis. But the gist is it’s a currency you can exchange for any other. When you’re ready turn your Bitcoin into cash you can withdraw it to your bank account or go shopping at any of the (thousands) online stores that accept the currency.

The lure of the original Magic: The Gathering is more than nostalgia. It’s the ability to physically own or physically sell unique cards for a huge market price. SoG is finally bringing it online.

‘Magic’ Your Way

Nobody is disputing current online TCGs are a huge commercial success. Twitch.tv and eSports definitely brought them to the forefront. But there’s room to expand the mobile audience while bringing back perks that made the genre so popular in the first place.

Use the game as filler during your morning latte, or join the numerous tournaments and rare card sales EverdreamSoft plans on dropping throughout its lifespan. With SoG, the time, investment and spells are yours to control.

Images courtesy of Spells of Genesis.

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Spells of Genesis: Magic for the Core, Casual and Crypto