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GameStop and Telos Foundation Join Forces to Bring Gaming to the Blockchain

June 1, 2023
in Metaverse
Reading Time: 2 mins read
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GameStop and Telos Foundation Join Forces to Bring Mainstream Gaming to the Blockchain

Printed: 1 June 2023, 1:30 pm Up to date: 01 Jun 2023, 1:24 pm

GameStop is enhancing its NFT gaming technique by a partnership with the Telos Basis. The collaboration between the famend online game retailer and Telos goals to convey gaming to the Telos blockchain by GameStop’s Web3 sport launcher, often called GameStop Playr. 

“We imagine this collaboration will likely be a significant driver of recent customers into the Web3 house. By combining GameStop Playr with Web3 video games using Telos’ excessive efficiency blockchain infrastructure, we are able to break down most of the obstacles at present deterring Web2 gamers from embracing Web3,” stated AJ Dinger, head of enterprise improvement on the Telos Basis.

Telos advertises itself as a “decentralized blockchain with confirmed scalability, affordability, low carbon footprint, and spectacular lifetime monitor report of steady uptime.” After the announcement, Telos’ native token, TLOS, skilled a ten% improve in worth, reaching its month-to-month excessive of $0.2538.

Final 12 months, GameStop launched a gaming-focused NFT market and a crypto pockets. GameStop introduced a $100 million IMX grant program to encourage builders and creators to develop the way forward for NFTs and Web3 gaming.

The collaboration goals to attach the normal gaming group with the Web3 viewers, in addition to encourage standard gaming studios, publishers, and distributors to discover Web3 expertise.

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Tags: BlockchainBringForcesFoundationGameStopGamingJoinTelos
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