|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Dot Play Bags Funding through Decentralized Futures Grant to Build a Gaming Hub within the Polkadot Ecosystem
Jul 06, 2024 at 02:59 pm
Dot Play, a game development project within the Polkadot ecosystem, has bagged funding through the Decentralized Futures Grant.
Dot Play, a game development project within the Polkadot ecosystem, has received funding through the Decentralized Futures Grant.
This initiative, sponsored by the Web 3 Foundation, aims to transform the gaming industry using Polkadot's inherent technological development to create a comprehensive gaming platform for game developers.
With the main objective of creating a gaming hub within the Polkadot ecosystem, Dot Play will focus on the hottest game types and focus and provide the necessary tools needed for developers to integrate their games on the Blockchain. Additionally, they will offer sustainable business development support so these games thrive in the long run.
This ties to a bigger picture of blockchain technology revolutionizing the gaming industry.
The Decentralized Futures Grant program aims to support innovative projects that lead to the growth and development of decentralized networks. This significant action of awarding Dot marks huge confidence in the project and acts as an investment in the future of blockchain-based gaming.
Notably, Dot Play's all-inclusive platform aims to provide developers with the necessary tools and resources. Additionally, the core of this initiative is to become home to a wide range of developers while fostering new ones. To offer seamless integration with Polkadot's blockchain, this initiative will evaluate their project's Game Design Documents (GDD) to offer integration support.
Moreover, Dot Play will provide tools (SDKs) to help game developers easily create games for the Polkadot network.
Focusing on Polkadot's general view, the blockchain network's robust foundation makes it a leader in the gaming industry. The platform fosters a diverse gaming ecosystem by supporting numerous game-specific chains and applications, like Ajuna Network and Astar Network.
As earlier reported on Crypto News Flash, Ajuna Network, a Swiss-based platform, embodies this approach. It integrates gaming functionality with popular engines, providing developers with a customizable toolkit for building blockchain games within the Polkadot ecosystem. Their goal is to mainstream blockchain gaming and facilitate the exchange of virtual goods in a decentralized way.
Astar Network shines with its layer-2 built on Polygon CDK. This collaboration empowers businesses with innovative web3 tools, and their ASTR token surged after the successful test net launch.
Polkadot's ecosystem thrives on parachains like Astar and Ajuna. These enhance network activity, the drive demand, and ultimately increase the platform's value for investors.
The recent Decentralized Futures Grant awarded to Dot Play marks a major milestone for both Polkadot and blockchain gaming. Dot Play will create a robust gaming hub within Polkadot, attracting developers to explore the potential of blockchain technology.
At the time of writing, DOT is trading at $5.87, marking a 0.92% upsurge in the last 24 hours.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Ally Invest vs SoFi Invest: A Comprehensive Comparison for 2023
- Sep 24, 2024 at 08:20 pm
- In recent years, technology has radically transformed the landscape of personal finance and investment management, bringing a plethora of platforms to choose from.
-
- Solana (SOL) Price Prediction 2024, 2025-2030
- Sep 24, 2024 at 08:20 pm
- Are you wondering about the future of Solana (SOL) and its price potential in the coming years? In this article, we will delve into the price predictions for Solana in 2024, 2025, and beyond.
-
- Top Altcoins to Buy This Bull Run: CKB Network (CKB), SUI (SUI), Cat in a Dogs World (MEW)
- Sep 24, 2024 at 08:20 pm
- The underlying sentiments signal an upcoming altcoin season as the cryptocurrency market is rising towards its 2021 high of $3 trillion mark.
-
- StepN Go and Adidas Genesis Sneakers Collection Combines Fitness and Digital Fashion in Web3 Space
- Sep 24, 2024 at 08:20 pm
- The latest collection of non-fungible token sneakers (NFT) called Genesis, the result of a collaboration between StepN Go and Adidas has just been launched.
-
- NVIDIA Unveils Llama 3.1-Nemotron-51B: A Leap in Accuracy and Efficiency
- Sep 24, 2024 at 08:20 pm
- NVIDIA's Llama 3.1-Nemotron-51B sets new benchmarks in AI with superior accuracy and efficiency, enabling high workloads on a single GPU.
-
- Polymarket Eyes $50M Funding Round, Considers Launching Token as Crypto Market Recovers
- Sep 24, 2024 at 08:20 pm
- Polymarket, a decentralized prediction market platform, is reportedly seeking to secure $50 million in a new funding round and is considering launching its own token.
-
- Bitcoin Activist Samson Mow Pushes Japan to Add BTC to Its Gold Reserve
- Sep 24, 2024 at 08:20 pm
- The famous Bitcoin activist from Asia and the current CEO of JAN3, Samson Mow, has encouraged the Japanese government to buy 167,000 BTC tokens.
-
- Historical RSI Patterns Hint at a Potential Altcoin Season, Signaling Significant Upward Movement
- Sep 24, 2024 at 08:20 pm
- Analysts predict altcoins are primed for a breakout as Bitcoin dominance weakens.
-
- CoinEx VIP Program: Pioneering a New Era in Crypto Trading
- Sep 24, 2024 at 08:10 pm
- In the global cryptocurrency trading landscape, CoinEx stands out with its professional services and user-friendly approach.