2020-09-21

Blockchain Games Empowered in Fresh WarnerMedia “Blocklete”Move

Another international technology and entertainment group enters the blockchain room and moves for Turner Sports, a business owned by Warner Media, to join the crypto-ecosystem for blockchain games.

Turner Sports, which runs sports broadcasting on TBS, TNT, TruTV and others, has announced the launch of "Blocklete Games," a proprietary blockchain network that encourages players to accumulate and level up, and trade in digital athletes for a chance to win prizes. In blockchain gaming the play-to-earn concept isn't new.

Turner Sports can use non-fungible tokens (NFTs) to carry out the bid, a method in which each actual token is verifiably special thanks to the Ethereum Ecosystem. Players will be able to own digital assets, or "Blocklets," and these players will be shared between players using Turner Sports dedicated blockchain platform designed for the purpose.

Turner Sports has launched its first game, Blocklete Golf, to kickstart the whole blockchain gaming bonanza which will allow players to own NFT Blocklete golfers. Commenting on these trends, Turner Sports' VP of Business Operations & Strategy, Yang Adija, expressed hopes that blockchain fans will allow fans to have more control over the gaming experience.

"Our app leverages the blockchain in such a way that everyone can play custom sports games with their mates, with the ability to also earn a return on their investment in the product."

Turner Sports has partnered up with BitPay to enable transfers from and to the network. As a result, players can pay with Bitcoin (BTC), Bitcoin Cash (BCH), and Ripple (XRP) and Ethereum (ETH), respectively.

Blockchain Gaming Continues to Evolve in Leaps and Bounds

Payment options, including stablecoins like Tether (USDT) are under way. Blockchain gaming increased in complexity and popularity. CryptoKitties, a game that encourages you to swap blockchain kittens and other pets, has been able to allocate back to players 75% of its sales, cementing the play-to-earn concept.

In the meantime, attempts have been made to localize the blockchain online casino experience. FunFair Technologies, a corporation that developed a proprietor casino gaming application for the company's own FUN token, has spread into new markets like Japan.

After Chainlink, a dedicated developer in the blockchain gaming space which produced a verifiable randomness solution (VRF) earlier this year, Ethereum Gaming has got a big power spike.