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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.
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