The blockchain has long been promised a bright future in the world of video games. With many new projects underway, adoption has never been stronger, as announced by Ubisoft with its Quartz project, on the Tezos blockchain or Voodoo’s € 200 million investment in game development. blockchain-based.
But this revolution is not reserved only for behemoths as shown by the upcoming launch of the NFT “The Octos” from the startup BetOnYou.
BetOnYou aims to allow video game players to monetize the time they spend playing by betting for free on their own games of Fortnite, FIFA, Clash Royale, Brawl Stars Where Call of Duty. Players are rewarded with prizes offered by their partner brands like Logitech, Lenovo and many more.
The company, which is 3 years old, already has more than 10 employees, more than 2 million players worldwide and has raised funds of 1.3 million euros from renowned Business Angels and VCs in August 2020. The app has even become one of the most downloaded entertainment mobile apps in the world.
BetOnYou intends to go further in the experience offered to its users, which is why in September 2021 the company decided to develop its own NFTs to allow its holders to win cryptos rather than physical prizes, as Robin explains. du Fayet, the co-founder of the company: “ The choice of blockchain has become increasingly obvious to us. “
Thomas Bourbon, the other co-founder, goes further, saying that ” BetOnYou has had a lot of requests to enable crypto earnings “. The company has therefore just announced the launch of a series of 4,444 “Octos” on the Solana blockchain to allow all holders of its NFTs to earn cryptocurrencies and become the first platform to transform console and mobile games into large. public in P2E games.
Only NFT holders will be able to earn cryptos, others will be able to continue using the app as it works today.
The company also has strong long-term ambitions to create its own P2E games where its NFTs will become the playable avatars in the game. holders will also have a early accessto the token, which will allow players to make in-game purchases. Those “utilities”Should be highly appreciated by the communitygaming, but also by the crypto community which is looking for more and more serious projects with teams already engaged. The company has also entered into a partnership with Solanart which will allow the holder of an NFT to list them on themarketplace.
You can join their Discord and Twitter to know more.
TCT writing
Behind the generic signature “TCT editorial staff” are young journalists and authors with specific profiles who wish to remain anonymous because they are involved in the ecosystem with certain obligations.
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