Posted By Gbaf News
Posted on May 19, 2018
CryptoBarons and Worldwide Asset eXchange™(WAX) today announced that the company’s Crypto Collectibles™ will be available on OPSkins™, the world’s leading marketplace for online video game assets, and will be tradable with WAX Tokens, Bitcoin, ETH, US dollars, Euros and dozens of other currencies.
CryptoBarons is a decentralized application built on the Ethereum Network and is one of the few massive multiplayer online role-playing games (MMORPG) based on blockchain technology. In CryptoBarons, a variety of unique in-game assets, such as animals, potions, farms and armies are owned solely by the user. Players use these items, such as armies, to engage in battles to protect their kingdoms. Blockchain technology, which publicly records and displays each transaction, allows players to buy, sell and trade their items safely.
“We want to help make owning, transferring and trading digital assets fun through a pure gaming experience on the blockchain,” said Veikko Hara, Senior Blockchain Research Advisor for Ugarsoft, creators of CryptoBarons. “We believe role-playing games like CryptoBarons, which combine strategy and intellect to acquire and build assets, will solve most of the scaling and payment issues traditional games face while transitioning to the blockchain.”
“The inception of blockchain-based games and collectibles presents a new opportunity for the crypto community to get involved, and game developers are taking notice,” said Malcolm CasSelle, CIO of OPSkins and President of WAX. “As the popularity of blockchain games and Crypto Collectibles grows, so does the need for a trustworthy marketplace, which is where WAX and OPSkins come in. Integrating CryptoBarons to that ecosystem is an exciting move for us and for the blockchain-based gaming community as a whole.”
With the integration of CryptoBarons’ in-game assets onto the OPSkins platform, WAX Tokens gain additional utility and more players are incentivized to join the ecosystem.
OPSkins is rapidly becoming the go-to marketplace to trade Crypto Collectibles, also known as non-fungible tokens or NFTs. CryptoBarons is the latest game based on NFTs to be added to OPSkins and whose in-game virtual assets are tradable with WAX Tokens. The first NFT was CryptoKitties in December 2017, and there are more to come. OPSkins boasts over two million weekly transactions on its platform, has millions of active customers, adds 200,000 new users each month and offers over five million items available for purchase using WAX. WAX allows anyone to create a virtual goods marketplace, onboarding millions of gamers to the growing cryptocurrency space.
SOURCE WAX