An international media and the entertainment conglomerate is finally joining the blockchain space and will push for blockchain gaming with Turner Sports, a company owned by Warner Media, therefore entering the crypto ecosystem.
Turner Sports has announced the introduction of “Blocklete Games,” an administrator blockchain platform that allows the players to collect and level up, and then trade the digital athletes for an opportunity to earn prizes. The play-to-earn model, however, is not new in the blockchain gaming.
To carry out the offer, Turner Sports will use the non-fungible token (NFTs), a solution where each token is verifiably unique. This is because of the Ethereum ecosystem. Players will then be allowed to own the digital athletes, or “Blockletes.” The players can then be transferred between players using Turner Sports’ dedicated the blockchain platform crafted for those purposes.
To launch the whole blockchain gaming bonanza, the Turner Sports has released its pioneer game, Blocklete Golf, which will allow the players to own NFT Blocklete golfers. Further commenting on the progress, the VP of Business Operations & Strategy at Turner Sports, Yang Adija, has expressed hopes that blockchain fans will allow other fans to control the gaming experience better.
To administrate the payments to and from the platform, Turner Sports has partnered with BitPay. Because of this, players may recompense with Bitcoin (BTC), Bitcoin Cash (BCH, as well as Ripple (XRP) and Ethereum (ETH).
Blockchain Gaming Endures to Progress in Leaps and Bounds
More payment solutions are making way; this includes stablecoins like Tether (USDT). Blockchain gaming has grown with intensity and popularity. Cryptokitties – a game that allows you to trade blockchain kittens and other pets – has been able to distribute 75% of its revenue back to the gamers, strengthening the play-to-earn model.
In the meantime, there have been efforts to restrict the online casino experience for the blockchain. FunFair technologies – a company that has developed a proprietor casino gaming platform for its FUN token – has expanded in the new markets, like Japan.
Ethereum Gaming has gotten a significant power spike after the Chainlink, a dedicated developer in the blockchain gaming space, shaped a verifiable randomness solution (VRF) early this year.