Telos Partners With Three Gaming Companies Blockbastards, Farm Game and Area X
Telos Partners With Three Gaming Companies Blockbastards, Farm Game, and Area X
April 29, 2020
Telos Partners With Three Gaming Companies Blockbastards, Farm Game and Area X
Telos Partners With Three Gaming Companies Blockbastards, Farm Game, and Area X
April 29, 2020

Telos, one of the most active blockchain, has recently announced partnerships with three gaming companies BlockBastards, Farm Game, and Area X on April 28 for bringing blockchain features to the games on the Unity and Steam platforms.

The Telos Foundation is a decentralized, independent, not-for-profit organization charged with the role of promoting the blockchain network of the future.

BlockBastards

Based in Portugal, BlockBastards is a software development company that creates decentralized blockchain products in the areas of AI, gaming and reputation management.

The company’s new platform, called Qudo, will offer game developers a player engagement mechanism that rewards gaming activity and performance with a cryptocurrency, while promoting their games.

It has been reported that Telos’ partnership with BlockBastards will see the network host the company’s upcoming Qudo platform, along with providing marketing and technical support. However, Qudo is a token-based reward mechanism, which revolves around proof-of-gameplay that can be combined into any game built using the Unity platform.

It has been analyzed that users can be rewarded for achieving certain goals, or simply for racking up hours of play.

ALSO READ :  Proofpoint Shows Phishing-Based Ransomware Attacks Are On The Rise Amidst COVID-19 Pandemic

According to Unity’s own figures, over 3.3 billion devices have run games that built on the platform in the past year, so that Qudo could potentially see a huge audience exposed to cryptocurrency rewards.

Also, the platform allows developers to focus on the gameplay experience by adding cryptocurrency rewards without a need for prior blockchain experience.

João Abrantes, the Managing Director of Blockbastards, said:

“In traditional gaming, we’ve seen that in-game credit systems tend to make the most money, and now we can offer this same experience on-chain with Qudo, running on the Telos network.”

Farm Game

The report says that the Farm Game platform enables betting on games such as Counter-Strike, DOTA 2, and others on the Steam service, as sponsors can also create competition matches online by offering Telos (TLOS) tokens as prizes.

Since 2019, the Steam platform supported over 34,000 games and over 95 million monthly active users.

Area X 

Area X is a social network of free HTML 5 games, which built on the Telos blockchain and awarding prizes in TLOS and other tokens. Area X also holds tournaments whereas; players pay a small entry fee in the hope of winning more tokens.

ALSO READ :  CipherTrace Joins Anti-Human Trafficking Intelligence Initiative (ATII) To Use Crypto Analytics

Suvi Rinkinen, the CEO of Telos Foundation, described the company’s desire to support the development of blockchain-based games.

Thus, Rinkinen added:

“We’re so glad to have Qudo coming to Telos, expanding its strength as a gaming platform. There are numerous benefits to integrating blockchain technology into games, and we look forward to working with Qudo, Area X, and Farm Game to ensure Telos helps them maximize their performance.” 

Since Qudo will run on the Telos blockchain, the Telos Foundation will be working with BlockBastards to provide marketing and technical support heading into the launch by the end of the second quarter.

Interested developers can find out more details and sign up via the dashboard of Qudo.


Source: Cointelegraph | Image: Pixabay


Disclaimer

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, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
Share This

Share This

Share this post with your friends!