Blockchain game alliance
The report published by BGA was based on a survey conducted among companies from 56 countries that are a part of BGA. The numbers make up around 22 percent of all the NFT trading done this year as the blockchain games continued to gain steam. The BGA is considered an active advocate for NFTs games, as all the digital items have the security of digital ledger and transparency. The new business model has provided meaning for digital collectibles. Out of companies, joined just this year, showing percent growth from Back in , the BGA was formed with just eight members.
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Blockchain game alliance
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- AMD joins the Blockchain Game Alliance to help foster adoption in video games
- AMD joins Blockchain Game Alliance
- BGA Blockchain Game Report August 2021
- Amplify Games Joins Blockchain Game Alliance
- Ubisoft Joins the Blockchain Game Alliance
- AMD Joins Blockchain Game Alliance, Hopes The Tech Grows Within The Sector
- Ubisoft, Fig, other companies form Blockchain Gaming Alliance
- Ubisoft drinks the crypto Kool-Aid, announces plans to develop blockchain games
- Ubisoft, AMD, MakerDao Join Blockchain Game Alliance under New Leadership!
AMD joins the Blockchain Game Alliance to help foster adoption in video games
Computer hardware maker Advanced Micro Devices, Inc. AMD said it joined the Blockchain Game Alliance , to help spur the increased use of blockchain in gaming, and in doing so may be creating more business for itself. The company says it can provide the tech to run the blockchain-powered applications that would be needed. While blockchain has largely been thought of in terms of its role in cryptocurrency adoption and supply-chain and other logistics environments, some experts have said it could play a big role in the future of games.
Aside from the obvious use of cryptocurrencies for payment systems, blockchain is seen as potentially allowing the trading of in-game resources, such as weapons, characters and accessories. Some experts have talked about the ability to make items transferrable from one game to another with a blockchain system. It also could protect against fraud — stealing of in-game items or money.
There is some caution: One of the reasons gaming companies have been able to avoid regulation of games as "gambling" is that things players can win, like a loot box, don't have any real-world value. That could change if a blockchain system made it easier to treat those winnings as currency, Wedbush analyst Michael Pachter noted in a Wired story in May. AMD's interest in blockchain gaming follows what appears to be a short-lived foray into the cryptocurrency mining equipment space.
Blockchain and cryptocurrency publication The Block reported that AMD had significant revenue from that business in early , but appeared to be out of it by the end of last year. Download the mobile app now, available on iOS and Android. Click here , or sign up for our newsletter to explore more of Benzinga's Cryptocurrency market coverage, in-depth coin analysis, data, and reporting. Benzinga does not provide investment advice. All rights reserved.
Trade Ideas. News Podcast Events Newsletter. Compare Online Brokers. Top Stocks. Alternative Investing. YouTube Video Podcasts. My Stocks. Blockchain's Role In Gaming Future While blockchain has largely been thought of in terms of its role in cryptocurrency adoption and supply-chain and other logistics environments, some experts have said it could play a big role in the future of games.
Excellent video about Ultra! Value May Bring Regulation There is some caution: One of the reasons gaming companies have been able to avoid regulation of games as "gambling" is that things players can win, like a loot box, don't have any real-world value.
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AMD joins Blockchain Game Alliance
The association was established in and represented the blockchain gaming and major game industry events. It has ninety games and blockchain companies promoting blockchain technology in the gaming industry. Its purpose is to expand awareness about blockchain technologies and promote adoption by emphasizing their potential to cultivate new ways to create, play, publish, and build healthy communities throughout games. It also offers an open forum for individuals and companies to bestow knowledge and associate, build common standards, and build best practices and network. While the developers of TON blockchain are still analyzing its deployment, notwithstanding the injunctive ruling from the U. It would not prevent them from attempting the blockchain technology. You must be logged in to post a comment.
BGA Blockchain Game Report August 2021
The blockchain-powered gaming sector keeps increasing. In August, more than on average , daily unique wallets interacted with game-related smart contracts. In a month that witnessed record sales volumes in NFTs, Axie Infinity continues its strong run while other gaming dapps have seen their adoption skyrocket. The metaverse and relevant layer-2 solutions keep preparing themselves to welcome a more mature gaming sector. Whilst the NFTs have been generating massive sales volumes, it is the blockchain-powered games that are carrying the load in terms of usage. August confirmed the trend we started observing in July, where the usage begins to drift heavily towards blockchain games. In this month, more than , unique blockchain wallets interacted with a gaming smart contract on a daily average, increasing The rise in gaming popularity positively impacted NFTs as well. In blockchain games, game items are represented by NFTs, thus, they represent an important subject in the NFT marketplaces across all protocols. Furthermore, most of the incumbent blockchains saw their demand growth in respect to gaming dapps.
Amplify Games Joins Blockchain Game Alliance
The Blockchain Game Alliance BGA , an organization committed to promoting blockchain within the game industry, has announced a new member to the alliance. The new member is Ethernal World , a multiplayer dungeon generated and owned by the players. The announcement reads:. Ethernal is a fully on-chain, multiplayer dungeon that is generated and owned by its players.
Ubisoft Joins the Blockchain Game Alliance
We are committed to helping the blockchain gaming industry grow and become a larger part of the video game industry as a whole. Using our position as a leading tech publication with a strong standing and reputation in the cryptocurrency and blockchain space, we aim to help game developers share their amazing creations with the world. The Blockchain Game Alliance BGA is a coalition of game developers, publishers, blockchain solutions providers, venture firms, and more, who have banded together to promote blockchain within the game industry. Our goal is to spread awareness about blockchain technologies and encourage adoption by highlighting their potential to foster new ways to create, publish, play, and build strong communities around games. The BGA also provides an open forum for individuals and companies to share knowledge and collaborate, create common standards, establish best practices, and network. HackerNoon's mission is to publish and share the world's best tech stories.
AMD Joins Blockchain Game Alliance, Hopes The Tech Grows Within The Sector
AMD recently announced that it has joined the Blockchain Game Alliance BGA and forged partnerships with leading technology providers to help promote the development and proliferation of new blockchain-powered gaming platforms. The Blockchain Game Alliance is committed to driving awareness and adoption of blockchain technologies within the game industry, providing an open forum for individuals and companies to share knowledge and collaborate, create common standards, establish best practices, and network. As the first major hardware manufacturer to join the BGA, AMD plans to enable alliance members with efficient and high-performance computing technologies for next-generation blockchain-based gaming platforms that could potentially transform the way games are created, published, purchased and played. AMD also announced partnerships with leading blockchain technology providers, Robot Cache, which launched their online gaming marketplace in June, and ULTRA, which plans to launch its online gaming marketplace in the coming months. Designed to provide optimal cryptographic compute performance with AMD Ryzen processors and AMD Radeon graphics cards, these marketplaces will provide gamers with new opportunities to buy, sell and share digital video games, as well as offer efficient, new distribution channels for publishers. They will also provide game publishers with new channels to distribute digital game content. Remember Me.
Ubisoft, Fig, other companies form Blockchain Gaming Alliance
Ubisoft just concluded its Q2 earnings call, a strange event where relatively-okay financial numbers were overshadowed by the company being on the defensive due to delays, workplace allegations, and questions about free-to-play. But one element that seemed to make both Ubisoft and investors happy was the discussion of blockchain. Ubisoft's future blockchain ambitions were mentioned both in its earnings release and a few times during the call. As noted in its press release, Ubisoft is funding blockchain gaming company Animoca Brands , which advertises itself on its website as "the global leader in branded blockchain gaming.
Ubisoft drinks the crypto Kool-Aid, announces plans to develop blockchain games
Not too long ago, if you were to stop someone on the street and ask them what they thought about blockchain gaming technology, you would probably get a lot of glazed-over expressions staring you back in the face. Nowadays, it's a different story. According to an annual report made by the Blockchain Game Alliance BGA , the number of crypto wallets added to gaming blockchain databases in Q3 of alone increased by 25x, from 30, to , In other words, blockchain gaming is booming!
Ubisoft, AMD, MakerDao Join Blockchain Game Alliance under New Leadership!
Vancouver, British Columbia-- Newsfile Corp. They will also provide game publishers with new channels to distribute digital game content. As one of those new channels to distribute digital games and game content, Amplify Games will contribute to the mission of the Blockchain Game Alliance by releasing a blockchain-based platform to connect game studios and influencers as well as enhance gamers' experiences on platforms they already use. Amplify is a platform targeted squarely at the mainstream gaming audience, where they can see the benefits of blockchain and NFT's without needing to dramatically change how they are already engage with the games they play. Amplify Games' inclusion into the BGA will enable new partnerships with blockchain technologies companies and inclusion of new game titles on the Amplify platform through relationships with game studio members. The Blockchain Game Alliance BGA is a coalition of over game and blockchain companies committed to advocating for blockchain technology within the game industry. Their goal is to spread awareness about blockchain technologies and encourage adoption by highlighting their potential to foster new ways to create, publish, play, and build strong communities around games.
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