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PlayDapp Will Unlock the True Potential of Gaming
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Every game enthusiast reading will be keen to know about the latest in technological developments and gaming. This article looks at how companies such as PlayDapp are making use of blockchain technology when creating interesting games.
It is vital that people see blockchain as necessary for game success. It’s only a matter of time after the first blockchain success story is revealed and confirmed that companies making video games can start bringing in money and take advantage of up and coming blockchain technology. From sandbox games to gambling based ones such as book of ra tricks, the gaming market is likely to see some exciting future changes.
A lot of experts in the field point to gaming as a true area where blockchain is bound to make a substantial difference. Gaming enthusiasts know an awful lot about virtual asset trading and analysis is suggesting that blockchain-based games will become ever more popular in the public eye.
Recently Korea hosted an official week-long Blockchain appreciation event held in Seoul at the Grand InterContinental hotel. Participants and key industry experts all predicted that games are going to take blockchain to a new level with many more blockchain-based types due to hit shelves soon. This inspirational digital architecture will create all sorts of new opportunities for in-game systems.
Recently an entrepreneur Kevin Chu founded a gaming platform Forte after setting up a famous studio for gaming development. He was very eager to embrace blockchain and its potential as soon as possible despite trends of decreasing money made from gaming since the early Millenium. Chiu predicts that a lot more people will start making money from them if blockchain architecture is applied. New and interesting economic systems will emerge within new games on the market.
The company has invested an ambitious $25 million in blockchain and its application to gaming. As people begin trusting one another they can begin trading in digital ways by exchanging cryptocurrency for digital items, even forming high price valuable items. They want to create the kind of “70th home run ball of Mark McGuire” high price items within games for buying and selling.
At the company PlayDapp, the head of strategic development Sung Choi has told the world about the benefits of harmony between blockchain and gaming. He looks towards projects such as e-sport services and others whereby people can compete and trust one another. They want to take ownership of the idea of assigning items to various users via blockchain.
PlayDapp has also spoken highly of the ability for blockchain connecting games together, for instance being able to open hypothetical treasure chests in a fantasy-based new video game by finding a key from a different game. Blockchain will allow gamers to get a sense of ownership with any items they have, helping implement systems of trust and ultimately mass trade.
Game markets are changing
It is clear that as games develop, markets needs to take into account technological changes. Gamers have already started to harness blockchain’s power. Companies such as PlayDapp are a testament to this and the success of this digital architecture. It’s an exciting future for enthusiasts worldwide.
Are we likely to see more blockchain-based video games? Let us know your thoughts in our comments section below.
Our Author:
Thomas Glare is a freelance copywriter who also runs his very own Gaming blog. He is also a frequent moderator on all sorts of gaming forums. In his spare time, Thomas likes to swim and play cricket for his local team.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PlayDapp Will Unlock the True Potential of Gaming
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ACR POKER CROWNS DECEMBER ‘PLAYER APPRECIATION MONTH’ WITH $500,000 IN GIVEAWAYS
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Tis the season to give back to players with supersized weekly races, massive ticket drops, and the return of the Mini Online Super Series
ACR Poker is kicking off the holiday season in style, officially crowning December as Player Appreciation Month and celebrating its community with $500,000 in giveaways, offering something for every type of player.
Throughout December, ACR Poker’s biggest weekly races – The Beast, Sit & Crush, and Blitz Beast – are getting a serious glow-up as part of Player Appreciation Month. Each week from Saturday, November 29th to Friday, January 2nd, the prizes will be supersized. There will also be a sleigh-load of free tournament tickets dropped throughout December, giving players more chances to score big without spending a dime.
And starting Wednesday, December 17th, the Mini Online Super Series (MOSS) returns to close out Player Appreciation Month. There will be a full schedule of events with buy-ins from $0 to $109 and massive guarantees offered, with the full details released soon.
“I love that ACR is turning the whole month into one big holiday party and giving players a little extra cheer,” said ACR Pro Chris Moneymaker. “Giving back to the players who make this community is a great way to wrap up the year. Alongside supersized races, ticket giveaways and the Mini Online Super Series, players should also keep an eye out for something big from ACR on December 9th during WSOP Paradise. Stay tuned.”
Whether players are grinding tournaments, splashing in cash games, or simply logging in for some holiday fun, December is shaping up to be the most wonderful time of the year at ACR Poker.
For more information about Player Appreciation Month, visit ACRPoker.eu.
The post ACR POKER CROWNS DECEMBER ‘PLAYER APPRECIATION MONTH’ WITH $500,000 IN GIVEAWAYS appeared first on European Gaming Industry News.
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INTRALOT Announces Nine Month 2025 Financial Results
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The post INTRALOT Announces Nine Month 2025 Financial Results appeared first on European Gaming Industry News.
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Kambi initiates share repurchase programme with a value of SEK 100 million
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The Board of Kambi Group plc has decided to again exercise the buyback mandate which was received at the Extraordinary General Meeting on 18 June 2025 to initiate a share repurchase programme with a total value of SEK 100 million (€9m) which will run until 20 May 2026.
In line with its capital allocation strategy and empowered by the mandate received at Kambi’s Extraordinary General Meeting on 18 June 2025 (EGM) the board of directors (Board) of Kambi Group plc (Kambi) has today initiated a share repurchase programmes with a total value of SEK 100 million (€9m).
The programme will run from the date of this announcement until 20 May 2026 and shares acquired will be cancelled at a future date. The maximum number of shares that may be acquired is 1,672,887, and the aggregate purchase price for such acquisitions shall not exceed SEK 100 million (€9m). The aggregate number of shares that may be acquired under the mandate received at Kambi’s EGM is 2,990,362, which is equivalent to 10% of Kambi’s total issued shares at the time of the EGM resolution.
The buyback programme will be carried out in accordance with the Maltese Companies Act (chapter 386 of the laws of Malta), the Nasdaq First North Growth Market Rulebook for Issuers of Shares, the EU Market Abuse Regulation (EU No 596/2014) (MAR), and Commission Delegated Regulation (EU) 2016/1052 (the Safe Harbour Regulation). The share buyback programme is intended to benefit from the share buyback safe harbour provisions set out in MAR. To this end Kambi has entered into an agreement with Carnegie Investment Bank AB (Carnegie) to execute the buyback programmes and conduct the share repurchases on Kambi’s behalf.
The acquisition of shares shall take place on one or several occasions on Nasdaq First North Growth market in Stockholm (Nasdaq First North) and Carnegie will make its trading decisions in relation to Kambi’s shares independently of and without influence by Kambi. Payments for the shares are to be made in cash.
The programme will be effected in compliance with the trading conditions set out in article 3 of the Safe Harbour Regulation. In particular, Kambi shall not, on any single trading day, purchase more than 25% of the average daily share turnover on Nasdaq First North. The average daily share turnover is calculated on the basis of the average daily trading volume during the twenty trading days preceding the respective purchase date. In addition, share repurchases under each programme shall:
- not be made at a price higher than the price of the last independent trade or (should this be higher) higher than the current highest independent purchase bid on Nasdaq First North,
- be made at a price per share within the price interval recorded on Nasdaq First North at any given time, i.e. the interval between the highest buying price and the lowest selling price, and
- not exceed or fall below the maximum and minimum ranges set out in the EGM resolution.
At the time of this announcement, the total number of issued shares in Kambi is 29,903,619. Kambi currently holds 2,193,675 of its own shares from prior buyback programmes which will be cancelled on or shortly after 1 December and 400,000 shares held to satisfy Kambi’s future obligations arising from its employee share option programmes.
Information on completed buybacks will be publicly disclosed in accordance with Safe Harbour Regulation and will also be available on the company’s website, kambi.com.
The post Kambi initiates share repurchase programme with a value of SEK 100 million appeared first on European Gaming Industry News.
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