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PlayDapp Will Unlock the True Potential of Gaming

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video-games PlayDapp Will Unlock the True Potential of GamingReading Time: 2 minutes

 

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

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Ubisoft to Support Ultra’s UOS Blockchain Testnet

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9-13 Ubisoft to Support Ultra’s UOS Blockchain TestnetReading Time: 2 minutes

 

Games distribution platform Ultra has announced that Ubisoft has become the first major gaming company to bolster its UOS blockchain, as a corporate block producer, during a trial period on the testnet.

Block producers will provide the infrastructure to validate transactions happening on Ultra’s blockchain. These transactions will include, for instance, in-game assets creation, ownership transfers between players or payments.

Ultra’s blockchain mainnet launch date is to be announced. Ubisoft will start contributing to the testnet before the end of the year and, if successful, will be part of the launch team for the Mainnet.

“Since Ubisoft is already a leader in the games industry and shows commitment to probe blockchain as a viable technology for games, we are very excited to be announcing our first cooperation of this kind with them. Ubisoft’s rich portfolio of world-renowned brands, including Assassin’s Creed, Just Dance and Far Cry, is a testament to their dedication to creating quality content for all, and their years long dedication to exploring blockchain technology ensures they have the knowledge and skills to be excellent block producers,” Nicolas Gilot, Founder and Co-CEO of Ultra said.

“Our team at the Strategic Innovation Lab strongly believes that all Blockchain use cases that bring value to players are important to support, and Ultra offers a solution that does just that. During this first trial period of collaboration, we hope to help them in bringing it to a larger scale and experiment with the possibilities this opens up for the industry,” Nicolas Pouard, Ubisoft’s Blockchain Initiative Director said.

“We’re on a mission to shake up the gaming industry by placing power back into the hands of developers and players. We are paving the way for a first-class game publishing platform, and we couldn’t do it without the support of companies such as Ubisoft,” Nicolas Gilot said.


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: Ubisoft to Support Ultra’s UOS Blockchain Testnet

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PA Commonwealth Court Rules Pennsylvania Skill Video Game Machines are Slot Machines

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8-10 PA Commonwealth Court Rules Pennsylvania Skill Video Game Machines are Slot MachinesReading Time: < 1 minute

 

The Pennsylvania Commonwealth Court has ruled that the video game machines manufactured and distributed by the company POM under the name “Pennsylvania Skill” are considered “slot machines” under Pennsylvania law.

“With this decision, we urge the Pennsylvania State Police, the Office of Attorney General, police departments and District Attorneys across the state to enforce Pennsylvania law to halt the proliferation of thousands of illegal Pennsylvania Skill slot machines now in convenience stores, bars, restaurants and other establishments in communities across the state,” Thomas C. Bonner, Group VP / Legal & Chief Counsel for Parx Casino said.

“We know that illegal slot machines and full-blown illegal casinos are popping up all over Pennsylvania. We know that minors are gambling, and we know that the state Lottery is losing tens of millions of dollars that should be going to our seniors because of these illegal machines. It’s time to confiscate these machines and put these illegal casinos out of business,” Bonner added.

The Commonwealth Court’s clarification that the “Pennsylvania Skill” games are “slot machines” under Pennsylvania law provides concrete and clear legal justification for law enforcement at the state and local levels to confiscate such machines and prosecute those responsible for manufacturing, distributing, leasing, or owning these machines.


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: PA Commonwealth Court Rules Pennsylvania Skill Video Game Machines are Slot Machines

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UK ASA Clears Merkur Over Bus Ticket Promotion

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7-10 UK ASA Clears Merkur Over Bus Ticket PromotionReading Time: < 1 minute

 

The UK Advertising Standards Authority (ASA) has cleared Merkur Cashino of targeting children with its advertising, after a £5 free-play offer on the back of a bus ticket prompted a complaint against the operator.

The complaint was against a promotion that appeared on the back of a child’s bus ticket in Birmingham and read “£5 Free Plays on a machine of your choice with this ticket.”

Rule 16.3.13 of the UK Code of Non-broadcast Advertising and Direct & Promotional Marketing (CAP Code) states that gambling marketing must not be directed at those aged under 18, either through content or by where it appears. Gambling advertising is deemed to be directed towards children if under 18s make up more than 25% of their audience.

Merkur responded to the complaint by arguing that TicketMedia, the advertising agency behind the promotion, had confirmed to them that on the bus routes on which they advertised across the UK, 23.1% of ticket-holding passengers were between 5 and 15 years of age. In addition, Merkur said that the content and design of the ad had no specific appeal to under 18s, and an “over 18” symbol was included.

“We considered that in areas where there might be a concentration of people under 18 (for example on a bus route which served schools) the proportion of under 18s in the ad’s audience might be higher than 25%. However, on the particular bus route identified by the complainant, the highest percentage of child-fare paper tickets issued was 15% during term time,” the ASA said.


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: UK ASA Clears Merkur Over Bus Ticket Promotion

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