Blue Baikal is launching
With the launch of the new Play-to-Earn platform
Initial Game Offering is a type of blockchain crowdfunding that game developers can use to secure initial development funds, as well as early users, before the game is released. Some well-known
Blue Baikal is composed of game industry experts who are getting ready to open
Regarding the decision to offer an
Kim, however, noticed that few developers had a clear and firm understanding of blockchain in the gaming business, 'So I ended up giving advice and practical support on
'Even before the release of our platform, various types of games, such as idle, TRPG, casual, and strategy, had already approached us, and most of them also wanted
Kim continued with confidence: 'In addition to helping game developers enter the global blockchain gaming market, we will also serve as a window to introduce good projects to those who are looking to invest in game-based tokens, and will provide gamers with a win-win ecosystem that lets them turn hard-earned game items they put their blood, sweat, and tears in to acquire into NFT-based blockchain assets that will create a source of revenue for them.'
Currently, Blue Baikal's governance token,
About
The global gaming market is massive and is expected to keep growing in the coming years. The high purchasing power of loyal gamers played a significant role in advancing this industry and is still driving the growth. However, psychological rewards alone in lieu of practical economic benefit lead to fatigue and discontent which may hurt the very people who helped grow the market. Play-to-Earn creates new economic values in games by mutually Benefiting both gamers and developers. GameFi, a new win-win platform model, eliminates the harmful effects of excessive charging and provides a new revenue stream for gamers - to foster sustainable market growth.
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