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Home Blockchain Technology

Waves launches 1M WAVES fund initiative for blockchain video game developers

Published by CryptoNinjas.net
10/29/2018
Waves launches 1M WAVES fund initiative for blockchain video game developers

Waves, the custom blockchain platform recently announced a new project to provide tools for developers to integrate blockchain into their games — quickly. To help realize this, Waves platform is creating a fund of one million WAVES to motivate developers to build their games on the Waves blockchain.

The Waves team will be helping developers by providing extensive advice and assistance for embedding Waves functionality into their games. Comprehensive support will be given, including help with technology integration and all the necessary documentation.

“This initiative was launched to showcase the versatility of Waves technology and stimulate its adoption in such an important industry as gaming. I believe that the gaming sector will be an enthusiastic adopter of blockchain, and will drive its widespread use. Given the mutual opportunity here, we are more than ready to reward developers for the effort they make in implementing their projects within Waves ecosystem.”

Sasha Ivanov, Waves Founder and CEO

Waves recently released smart contracts, and their development team is working on the creation of non-fungible tokens — a critical element for the growing number of blockchain games that incorporate an in-game economy.

Who Waves Is Looking For
  • Game development teams with existing blockchain-based games who want to transfer their products to the Waves platform.
  • Experienced game development teams with projects in progress, who are considering integrating Waves blockchain functionality into their games.
  • Qualified development teams with game prototypes, who would like to explore integrating Waves blockchain into their products.
Features of Waves

Easy token creation – Waves is a blockchain where a token is not a smart contract, but an asset that can be created in a minute without any coding.

Non-Fungible Tokens – Unique, trackable tokens that can be transferred and traded offer a new kind of prestige and opportunities — just like a physical trophy awarded for winning a gaming tournament.

Software Development Kit (SDK) – Waves is creating an SDK to make blockchain integration easier than ever, enabling developers to plug token operations straight into their games.

White-label exchange – Waves’ decentralized exchange (DEX) offers a perfect template for a unique marketplace. Rebrand it, assign system rules to customize a built-in exchange and monetize items however intended.

Browser plug-in & Mobile wallet – some games require players to sign a large number of transactions. To make this process smoother Waves has introduced safe one-click approval tools, both on mobile and browser.

Blockchain and Gaming

The crypto world has long recognized that blockchain has much to offer the massive and fast-growing gaming industry. What is remarkable, blockchain perfectly fits with current gameplay mechanics — players are familiar with coins and understand the value of digital items. In-game economies can benefit enormously from tokenization and the opportunities that arise from creating unique digital items that can be traded on a transparent and secure peer-to-peer market. This will help to get rid of the black market, which is estimated at $60 million and provides many problems with accounts hacking and deceived users. Tokenization should contribute to further development of new mechanics for the gameplay, erasing the edge between digital and physical objects, because each item becomes unique and its history can be traced from the moment of creation.

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