The team from Waves Platform – a decentralised platform providing a complete ecosystem for blockchain developers – is launching a new gaming initiative aimed at leveraging and promoting its ground-breaking technology.

Please Note: This is a Press Release

Blockchain technology has much to offer the $100 billion gaming industry. Moreover, 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 about $60 million and provides many problems with hacking accounts and deceived users. Tokenization should also 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. The Waves team will provide convenient tools to ensure easy blockchain integration and an excellent user experience.

Waves Platform enters this huge and thriving global market of companies, developers and gamers with a major campaign. A total fund of one million WAVES (around two million USD according to the current token value) will be offered to motivate developers to build their games on the Waves blockchain.

‘This initiative was launched to showcase the versatility of Waves technology and stimulate its adoption in such an important industry as gaming. On the other hand, I do believe that the gaming industry can cause blockchain mass adoption. We are ready to reward developers for the effort they make in implementing their projects within Waves ecosystem,’ explains Sasha Ivanov, Waves Founder and CEO.

The Waves gaming programme is going to offer a complete ecosystem for game development, including:

Easy integration with Software Development Kit (SDK)

Your own item marketplace on White Label exchange

Seamless user experience with browser plugin and mobile wallet

The Waves Platform has recently released smart contracts on its blockchain, and there is ongoing development of non-fungible tokens – a critical element for blockchain games that incorporate an in-game economy. Incredible transaction speeds of up to 1000 TX/s and confirmation times of just seconds, combined with a minuscule transaction fees of half a dollar cent, can make this initiative the first viable project of its kind.

The programme will offer extensive advice and assistance to developers who want to participate in embedding Waves functionality into their games. Comprehensive support will be provided, including help with technical integration and necessary documentation. Moreover, the Waves team is ready to put its money where its mouth is and provide substantial sponsorship to the project participants with the best ideas – backing them to the tune of millions of dollars in cryptocurrency.

Further information about the Waves gaming programme and the roadmap can be found here.

About Waves

Waves is a global blockchain platform launched in 2016. Waves’ mission is to build a blockchain ecosystem that allows users to address a wide range of real-world problems. The Waves team is creating a blockchain infrastructure with easy-to-use tools for individuals, developers and businesses. In April, 2017, Waves has successfully launched its DEX (decentralised exchange), a fast and safe tool for trading the most popular cryptocurrencies. In late 2017 Waves-NG protocol was activated, enabling unprecedented throughput of up to 1000 TX/s, whilst reducing transaction confirmation times to just seconds.