GameTalkTalk, a major social gaming app of South Korea, has rolled out a blockchain project for gamers, which will offer three new features, including rewards.
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On April 20, it has been reported that Vinetree Corporation, the company behind GameTalkTalk, announced the Ludena Protocol by saying that, in the second quarter of 2020, users worldwide will be able to receive the app’s internal digital assets, known as “stars”, for completing in-game missions and downloading new games.
However, the new platform includes a reward-based social media DApp, a matchmaking peer-to-peer gaming platform, and a digital item exchange.
It has been analyzed that stars can be used to purchase items such as gift cards, in-game items, and tangible products, or be converted to the app’s native token, LDN, which game publishers must use to access the community for marketing purposes.
Also, the app will collect user behavior information like their mobile gaming experience, money spent in downloaded games and the frequency of gameplay, which will subsequently be used for matching gaming companies to players.
The interest in blockchain technology from global game publishers has been increasing, especially considering that a number of blockchain-based games have recorded rising numbers of users due to the ongoing COVID-19 pandemic.
Likewise, Infinite Fleet, a space adventure game, announced a partnership with STOKR, the blockchain marketplace, recently, to launch a security token offering to raise funds for its further development.
Thus, blockchain itself will not make a game a success but works best to add value and magnify the experience that a game can already provide.