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Zhao Speaks About Potential Of Blockchain With Gaming

There is little doubt that blockchain will change the way that human beings interact with each other and the way that industries operate. However, many blockchain proponents are constantly wondering and debating about which industry will help the most regards with mass adoption. Well, it appears as though Changpeng Zhao, the CEO of Binance, has offered his opinion about a sector.

Although he didn’t necessarily state that the industry would be single-handedly responsible for mass adoption, Zhao did seem to indicate that the gaming industry could be instrumental with regards to blockchain. This is quite significant, considering that Zhao is easily one of the most influential figures in the sector.

About The Comments

One of the reasons that Zhao even brought up gaming is because there is a new popular game that is accepting Binance (BNB) tokens. That game is the collectible trading game Steem Monsters, which involves six kingdoms and has various RPG elements, and is based on the Steem blockchain.

Zhao took to Twitter to express his excitement about the announcement. He not only spoke about the opportunity that the gaming industry presented, but also indicated that its tokenization was inevitable. Specifically, he stated: “Gaming is a not-so-small industry yet to be tokenized.  Fast or slow, it will happen.” He went on to add that his company was ready to help. You can find the tweet below:

https://twitter.com/cz_binance/status/1090082827293450241

Obvious Opportunity

Zhao does seem to have a point. After all, there are over 2 billion video gamers in the world, which indicates that a significant amount of the global population is a gamer. In addition, blockchain can help with regards to creating a secure ecosystem for gamers to trade digital assets, for example.

In addition, the industry is growing significantly. In the United States, for example, year after year, the video game industry sets records with regards to sales. In 2018, there were over $43 billion in video game sales in America alone.

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Atari Gets Into Blockchain, Thanks To Animoca Brands

There is little doubt that one of the sectors that will be most impacted by blockchain technology is gaming. It seems like every cryptocurrency project acknowledges that the fact that blockchain will allow there to be a verifiable way to appraise digital assets and prevent fraud will be massive, especially considering that billions of people play video games. The video game industry as a whole is only growing, as well, and is now worth well over $100 billion.=

It appears as though the iconic video game brand understands the potential of blockchain, as it will be allowing for the blockchain versions of famous Atari games to be produced. The partnership specifically is between Atari and Animoca Brands, and involves paying Atari in company stock for the license to develop and publish the games agreed upon. Animoca Brands expects to publish both games by the second half of 2019.

About Atari

The Atari 2600, one of the world’s first home videogame consoles

Although the company might not be as relevant in modern times, there is one iconic company that is widely considered the pioneer of the modern video game, and that is none other than Atari.

The company is widely responsible for the creation of the arcade industry through the seminal video game Pong, the world’s first commercially successful video game. Before many video game companies were even created, Atari weathered the video game recession between 1983 and 1985, as well, known as the “video game crash of 1983”.

About The Partnership

The first game involved is Rollercoaster Tycoon Touch, an iconic game that has logged over 19 million downloads. The game revolves specifically around building and managing an amusement park, with the goal of attracting more visitors to ensure the park’s continued success.

The second game involved is Goon Squad, a game that involves mobsters. The player hopes to rise from a lowly Goon to the respected Godfather in the game through playing card battles and maneuvering through the criminal underworld to rise to the top.

Frederic Chesnais, the CEO of Atari, said in a statement: We are proud and delighted to enter into this long-term and strategic relationship with Animoca Brands, which also allows us to become a shareholder in one of the most exciting innovators in the world of decentralized gaming. We hope that this agreement paves the way to further cooperation on other Atari products.”

The co-founder of Animoca Brands seemed to replicate his excitement about the deal, stating: “This deal marks a special moment for me because I started my career working with Atari and using Atari computers. The RollerCoaster Tycoon franchise is, like many of Atari’s properties, a true evergreen, having been around for two decades. Given the strategic and commercial elements of this incredibly fun simulation, it is a perfect candidate for blockchain adaptation.”

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Blockchain-Based Gaming Platform PlayGame Teams Up With Disney

Despite the bear market of 2018, it appears that more blockchain-based companies than ever are teaming up with some of the most powerful and influential corporations in the world. Specifically, Playgame, a direct-to-play gaming platform where users can play for free, create their own competitions, and win pool prizes, has announced a one-year collaboration with The Walt Disney Company Southeast Asia. The games will feature characters from the Disney franchise, as well. The collaboration was announced through a Medium post.

Collaboration Information

There is already some confirmed information about the collaboration. For example, Mickey Mouse (arguably Disney’s most famous character of all time) will be involved, as will the Olaf character from the hit movie “Frozen”, the massively successful 2013 computer-animated musical fantasy film that grossed over $1 billion dollars.

   

Specifically, one game will be “Mickey’s Delivery Dash”, which will feature Mickey Mouse on a quest to deliver croissants across Paris to Minnie Mouse’s cafe. Another game will feature Olaf attempting to search for his missing body parts.

Furthermore, the collaboration will exist across 6 countries in Southeast Asia: Indonesia, Singapore, Malaysia, the Philippines, Thailand, and Vietnam.

Statements

Walt Disney World, Orlando, Florida

Both companies had positive things to say about the collaboration. Specifically, Anton Soeharyo, the CEO of PlayGame, stated: “We are delighted to announce this wonderful collaboration with The Walt Disney Company. Like millions of people all over the world, I am a huge fan of Disney myself. This is a very exciting collaboration, as our blockchain-powered decentralized gaming platform will encourage innovation and bring Disney’s well-loved creative products to the vast PlayGame community.

The Director and Head of Games Commercialization of Southeast Asia, Je Alipio, stated: “This collaboration with PlayGame provides more opportunities to bring our beloved characters and stories closer to Southeast Asian fans through high-quality interactive game experiences.”