Pixowl Secures $2.5 Million Investment For Blockchain-based Sandbox Game

2019-5-23 02:33

Video game developer Pixowl, the developer of games such as Garfield: Survival of the Fattest and Goosebumps HorrorTown, announced it closed a $2.5 million USD investment round for the upcoming blockchain-based iteration of its popular game, The Sandbox. The franchise already has over one million daily active uses (mostly in South Korea), and this expansion is expected to bring even more players.

Parent company Animoca Brands explains the game developers are integrating support for Klaytn, the blockchain platform developed by Kakao, to support KakaoTalk’s 220+ million users. KakaoTalk is the most popular messaging app in South Korea, with over 90 percent market penetration and nearly 50 million monthly active users.

Integration with this platform opens The Sandbox to a massive audience and positions it to compete with other blockchain-based game platforms like Decentraland and World of Ether. And the Korean market loves gaming and crypto, which may be one reason for Hashed, the round’s lead investor, to be excited.

Playing in The Sandbox

The Sandbox is an open-world game similar to Minecraft, but with the added ability to create static or animated voxel objects. In moving the game to the blockchain, each in-game item becomes a Non-Fungible Token (NFT) with the ability to transfer between games within Animoca’s gaming metaverse.

The Korean market is where the gaming business models that are now considered staples were originally proven on the open market, like free-to-play games with in-game microtransactions. Even if in-game currencies aren’t transferable, the ability to transfer in-game assets is something even major gaming companies experiment with.

Consider amiibo, which unlocks characters, costumes, items, and other bonuses across all Nintendo games using toys with NFC chips. Of course, even Disney and Lego had issues monetizing the toy-to-life model.

By making everything digital and blockchain-based, Pixowl and Animoca may be on the right track to making crypto mainstream.

 

The post Pixowl Secures $2.5 Million Investment For Blockchain-based Sandbox Game appeared first on Crypto Briefing.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

GameCredits (GAME) íà Currencies.ru

$ 0.0034415 (+0.09%)
Îáúåì 24H $1.623k
Èçìåíåèÿ 24h: 85.95 %, 7d: -18.41 %
Cåãîäíÿ L: $0.0034415 - H: $0.0034415
Êàïèòàëèçàöèÿ $667.044k Rank 1868
Öåíà â ÷àñ íîâîñòè $ 0.0840871 (-95.91%)

million game investment sandbox pixowl blockchain-based secures

Èñòî÷íèê: cryptobriefing.com

million game → Ðåçóëüòàòîâ: 110


This Game of Thrones fan remade the ending as an 80s John Hughes film

Game of Thrones was an epic ride. For eight seasons, HBO treated viewers to some of the best acting and storytelling on television. It all concluded, with a bang, on Sunday. While we all agree that it was a magical journey to get us to season eight in the first place, it’s here where two camps begin to form: some who believe the finale was a solid conclusion, and others who, well, don’t.

2019-5-23 02:54


Crypto Scammin’ Church Ministers Steal $2.3 Million as OneCoin Promoters

By CCN. com: For cryptocurrency scammers, no grounds are too holy to scout for potential ‘investors’ as everyone, including churchgoers, is game. Based on an intelligence report from the New Zealand Financial Intelligence Unit (NZFIU), the Central of Bank of Samoa (CBS) has accused two ‘large churches’ in the Asia Pacific (APAC) country of assisting in the proliferation of the OneCoin cryptocurrency scam.

2019-4-26 19:10


New ‘Satoshi’s Treasure’ Game with a Million Dollar Bitcoin Prize is Forcing Players to Collaborate

Satoshi Treasure a new alternate reality game with $1million worth of bitcoins has hit the global gaming market, the firm revealed on April 15. The game, which many have likened to the bitcoin version of Ready Player One, a movie that revolves around a game that encourages teamwork is forcing players to collaborate, work together […]

2019-4-16 23:46


Ôîòî:

Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.

2019-4-16 23:28


Ôîòî:

Hacker selling 26M stolen user records in exchange for $5,000 worth of Bitcoin

A hacker by the name of Gnosticplayers is trying to sell more than 26 million user records on the dark web in exchange for $5,000 worth of Bitcoin (1. 2431 BTC). This is the fourth data dump posted on Dream Market – an online darknet marketplace founded in late 2013 – by the hacker, who previously put up more than 840 million user records since mid-February.

2019-3-19 13:33


Ripple and Forte Launch $100 Million Fund for Blockchain Gaming Using XRP

Xpring, Ripple’s developer ecosystem initiative, has partnered with blockchain platform Forte to form a $100 million fund to support game developers. According to the company’s press release, the fund will operate alongside Forte’s platform technologies and include Ripple’s open-source solutions, including XRP, aimed at mainstream adoption for blockchain gaming.

2019-3-14 23:54


Ôîòî:

CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto

CoinZest,  a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5. 3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on January 19, 2019.

2019-1-23 14:00


S. Korean Exchange Accidentally Sends $5 Million Worth of Bitcoin (BTC) In Error During Airdrop

An airdrop mishap worth $5 Million in Bitcoin (BTC) and other cryptocurrencies was sent to customers of the South Korean exchange of CoinZest. The exchange was meant to send an airdrop of We Game Tokens (WGT) but a computer error resulted in users not only getting BTC and other cryptocurrencies, but deposits in the fiat […] The post S.

2019-1-22 16:46


“Bitcoin and Litecoin are dead, but I am in love with Ethereum and ZCash”, says teenage bitcoin millionaire

Erik Finman made his first million in Bitcoin thanks to a $1,000 gift from his grandma, at the age of 12. He ended up dropping out of high school, working the cryptocurrency game, and starting his own online tutoring company – which he sold for 300 bitcoins (worth approximately $60,000 at the time).

2018-12-15 23:56


äàëüøå åùå 61 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru