Blockchain 

Gaming Rewards Firm Partners With Blockchain-Based Streaming Platform DLive

United States blockchain-based rewards and marketing company Refereum has announced its latest partnership with decentralized streaming platform DLive to reward gamers for creating and watching content. According to a press release shared with Cointelegraph on Nov. 7, Refereum’s partnership with one of blockchain’s largest streaming platforms, DLive, will enable users to earn rewards for live-streaming games. DLive is reportedly the first blockchain-powered streaming service to join the Refereum platform, alongside Twitch and Mixer. DLive CEO Charles Wayn said: “Bringing benefits to our streamers is always one of DLive team’s priorities.…

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Blockchain 

Sacramento Kings Launches Blockchain Token for Its Predictive Gaming App

The Sacramento Kings NBA basketball team is launching a blockchain-powered rewards program within its gaming app. Partnership with Blockparty The Sacramento Kings partnered with New Jersey-based blockchain ticketing platform Blockparty to add blockchain-based rewards to its prediction game Call the Shot, the team officially announced on Oct. 7. According to the announcement, the new program will be available in the upcoming 2019–2020 season. During the season, Blockparty will be tracking Kings fans’ activity while they are betting on Call the Shot and accumulate points in a virtual wallet within each…

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Bitcoin 

US SEC Gives Crypto Gaming Firm the Go-Ahead on ‘Quarters’ Token

The United States Securities and Exchange Commission (SEC) has cleared a crypto gaming company to issue blockchain tokens without registration, deeming the tokens to not be securities. The SEC published its determination on July 25 via the commission’s website, as a reply to an apparent inquiry from the company Pocketful of Quarters (PoQ) on its proposed “Quarters” tokens. Jonathan Ingram, the chief legal advisor of the SEC’s FinHub division wrote: “Based on the facts presented, the Division will not recommend enforcement action to the Commission if, in reliance on your…

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Blockchain 

Blockchain Gaming Platform Refereum Brings Crypto Payouts To PUBG

United States blockchain-based rewards and marketing company Refereum has announced a partnership with a South Korean online games developer and publisher to expand its in-game rewards scheme.  8 million players to gain access to tokens In a press release and blog post July 24, Refereum, which pays users in its in-house RFR token, said the feature would now roll out to players of Playerunkown’s Battlegrounds, developed by PUBG. The game is one of the most popular for Xbox, with over 8 million sales. The rewards scheme will feature a first…

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Bitcoin 

Reddit Co-Founders’s Fund Leads $3.75M Round for Blockchain Gaming Studio

Reddit co-founder Alexis Ohanian’s venture fund led a $3.75 million seed round for blockchain-powered video game studio Horizon Blockchain Games. According to a press release on July 17, Ohanian’s venture fund Initialized Capital led the new seed round alongside other major blockchain investors such as Polychain Capital and Digital Currency Group. Other investors included popular American crypto exchange and wallet service Coinbase, Golden Ventures and Inovia Capital. The secured funds will support Horizon’s goal of further integrating blockchain tech in the gaming industry. The company has created a blockchain video…

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Ethereum 

Crypto Seems Ready to Solve Gaming Industry’s Microtransaction Dilemma

The world of gaming has evolved immensely over the past decade, particularly when it comes to online transactions and purchases. For example, a market study conducted by LendEDU last year revealed that, out of a thousand gamers who were found to spend anywhere between six to 10 hours playing a game of their choice, nearly 69% of them made use of micropayments — with each individual, on average, spending $84.67 in the game. However, before delving any deeper into this subject, it is better to outline the various earning models…

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Blockchain 

Is Blockchain About to Change the Gaming Industry?

The gaming industry has grown dramatically in recent years, partially because the world of video games is keeping up with the latest technological advances and even tries to get ahead of them. As such, it couldn’t bypass the blockchain. It’s not surprising that, from time to time, gaming companies announce the development of games based on this technology. So, the French gaming giant Ubisoft, known for the Assassin’s Creed and Far Cry franchises, has announced that a blockchain will be integrated into its games. So, what can a blockchain give…

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Blockchain 

French Gaming Giant Ubisoft Considering Potential Blockchain Applications

French video gaming giant Ubisoft is allegedly exploring potential blockchain applications in gaming as a strategy to gain a more competitive edge in the industry. The news was reported by daily French financial newspaper Les Échos on June 11. Per Les Échos, Ubisoft has been quietly exploring blockchain applications for several months, and has allegedly already identified one in particular for implementation. The paper write that Ubisoft reportedly plans to put intra-game virtual objects or accessories onto the blockchain and monetize them. As the report notes, the model bears some…

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Blockchain 

Company Behind Fortnite Epic Games Partners With Blockchain Gaming Platform The Abyss

Epic Games, the company that developed successful videogame Fortnite, announced that it has partnered with blockchain game distribution platform The Abyss in a press release shared with Cointelegraph on May 23. The press release notes that the partnership will allow developers on the platform access to the Unreal Developers Network. Epic’s Unreal Engine requires developers to make quarterly payments equivalent to 5% of their returns, once they earned over $3,000. The engine is often employed by so-called triple-A or blockbuster games, and is known for being one of the engines…

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Blockchain 

Gaming Firm Unitopia Raises $5 Million to Create Blockchain Equivalent of Steam

Blockchain-powered gaming platform Unitopia has received $5 million in funding from a group of investment and financial services companies, local media outlet BiShiJie.com reported on April 22. Unitopia — a blockchain research lab of Chinese video game developer Electronic Soul — has reportedly received a strategic investment from Shuimu Fenghua Fund, Link Hui Capital, Jun Joint Venture, Digital Chain Capital and Super Brain Fund in the amount of $5 million. The company will purportedly use the funds to boost research and development of blockchain-based games, as well as facilitate the…

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