Pavillion Hub Games Platform Integrates With Steam To Enable Easy Issue Of Tradable NFTs
Pavillion Hub Games Platform Integrates With Steam To Enable Easy Issue Of Tradable NFTs
July 2, 2020
Pavillion Hub Games Platform Integrates With Steam To Enable Easy Issue Of Tradable NFTs
Pavillion Hub Games Platform Integrates With Steam To Enable Easy Issue Of Tradable NFTs
July 2, 2020

The Pavillion Hub games platform has integrated with Steam to enable the easy issue of tradable non-fungible tokens (NFTs), as blockchain’s inexorable push into the world of gaming is occurring simultaneously on a number of fronts.

It has been reported that GOATi Entertainment is taking a dual-headed approach of its own with its Pavillion Hub offering by targeting both the developers and players on one of the largest gaming platforms Steam.

However, powered by Phantasma blockchain, Pavillion Hub acts as a kind of blockchain-enhanced front end for Steam.

Gamers can simply link their Steam accounts to the downloaded app, and play all of their existing Steam content. The app will also create a Phantasma wallet for the player by allowing them to seamlessly utilize tradable NFTs, along with their Steam inventory.

ALSO READ :  Singaporean Tech Firm HReasily Rises with HR Solutions

It has been analyzed that game developers can use the blockchain back-end of Pavillion to deliver the same in-game inventory through NFT assets, as this stretches from in-game items and expansion packs to mods and even the game licenses themselves. The real draw is that it enables this with no need for specialist blockchain knowledge.

As per the report, Steam has locked down the selling of individual in-game assets, which means that the only way to profit from those level 99 warlocks that users have spent the last 4 years leveling is to sell their entire steam account and game licenses.

With Pavillion Hub’s NFT marketplace, any item represented as an NFT can be bought and sold. This means users’ rare amulets, complete characters, and even game licenses can be sold on.

ALSO READ :  21Shares Increases Its Managed Crypto Assets From $500 Million To $1 Billion In Less Than Two Weeks

Also, it enables the modding community to monetize their skill, as game mods and extensions can also be freely traded.

Thus, the platform also allows the running of events, with smart contracts dealing with the collection and distribution of GOATi tokens, through betting or prize money.

Source: Cointelegraph | Image: Los Angeles Magazine


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.