Crypto.com partners with game software developing studio ACT Games

2022-10-26 14:24

Crypto.com, the Singapore-based cryptocurrency exchange company, signs an MOU with the game studio ACT Games. The two companies join forces with this agreement to promote blockchain game projects. Eric Anziani, Crypto.com’s Chief Operating Officer, notes, “The gaming business is growing within the blockchain industry, and we look forward to partnering with Korean game companies to advance the global gaming industries and the further development of Web3.”

The partnership signals the emergence of IP-based games powered by advanced crypto solutions.

As a prominent industry player, Crypto.com develops advanced trading products that provide a full suite of DeFi services and mobile crypto payments. Two of them are crypto.com DeFi Wallet and crypto.com Pay. 

Crypto.com’s DeFi Wallet allows users to seamlessly integrate NFTs and swap 300+ tokens across multiple chains, including Ethereum, Cosmos, and Cronos. Thanks to the in-app bridging feature, it’s possible to migrate assets between different blockchains. Crypto.com Pay facilitates merchant payments, distributes 10% of the payments as crypto rewards, and enables retail shopping with 30+ tokens. 

Both products will be provided to the ACT Games’ ecosystem to empower its payment solutions and web3 functionalities. 

ACT games is a game studio that acquires well-known IP games and recreates them as NFT games. The studio has IP license agreements with Aggretsuko from Sanrio, Peko Pop from Fujiya, MogMog Planet from Dentsu, and ZOIDS from Takara-Tomy. 

The Crypto.com partnership will initially focus on ZOIDS by launching an NFT-based game on the Cronos blockchain. The game will feature special series from this franchise, known as ZOIDS WILD and ZOIDS WILD ZERO. Hyung-won Lee, CEO of ACT Games, emphasizes, “We are looking forward to the opportunity to promote ZOIDS WILD around the world through the Cronos blockchain.”

About the ZOIDS NFT game

The Japanese toy merchandise Takara-Tomy has been developing the ZOIDS series since 1983. ZOIDS are physical Moving Kit toys themed with animals or dinosaurs and equipped with electric motors that mimic the movements of natural lifeforms. The name is a confluence of zoic (relating to animals) and android. ZOID WILD, an iteration of the ZOIDS, was released in 2018. The upcoming ZOIDS NFT game uses substantial content from these original series. 

The game is called ZOIDS WILD NFT ARENA. It’s a trading card game where players can purchase, upgrade, and trade cards and use them in battles against other players. You can watch the concept video below. 

Each player enters the battlefield with 30 cards. The players must build their decks strategically to win the battles. Each deck must contain two kinds of cards: units (ZOIDS) and skills. Types of ZOIDs which ACT Games have unveiled so far include Stego Sage, a large ZOID specializing in shredding attacks, and Gatling Fox, a fox-like ZOID that carries a large gatling gun. 

ACT Games has recently hosted an airdrop event in which 500 Triceradogos NFT cards, each wrapped in exclusive holograms, were distributed to the winners. Triceradogos ZOIDS can use its impact horn when liberated from wild instincts.

The public release of the game is expected in December 2022. It will be globally available, excluding Japan, China, and Korea. You can follow the official Twitter and Discord channels to keep up with the latest announcements. 

About Cronos blockchain

ZOIDS WILD NFT ARENA will run on the Cronos blockchain. Cronos is the first Ethereum Virtual Machine (EVM)-compatible blockchain built on Cosmos. This interoperable nature of Cronos enables users to transfer from multiple chains and ensures low-cost and high-throughput transactions. It has amassed over 60 million network transactions. 

Its native cryptocurrency is Cronos (CRO). The Cronos ecosystem supports blockchain scaling projects up to USD 1 million per project through the CRO EVM Fund. 

Cronos uses the Inter Blockchain Communications (IBC) protocol to enable interoperability and bridging to Crypto.org Chain, its supporting company. Crypto.org Chain is an open-source, public, and permissionless decentralized network designed to accelerate mass adoption of blockchain technology through payments, DeFi and NFTs.

The post Crypto.com partners with game software developing studio ACT Games appeared first on NFT News Today.

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