Kinguin to offer decentralized game-trading platform built on blockchain technology

139
ADVERTISEMENTSFuture of Moneycreditx RoboRobo Dreamtime

Share with:


Kinguin.net, will expand its existing marketplace solutions. Project includes trading capabilities for game and in-game items by building and integrating a trading platform using the latest technologies: Ethereum Blockchain network, smart contracts and decentralized apps. This will enhance the ability for gamers to buy, sell trade games including in-game items safely.

Kinguin aims to build a platform that will create greater transparency and increase security from fraudulent transactions. Gamers will still collect & trade game keys, items, and other collectibles on a platform designed to be a one-stop shop for their digital buying & trading needs.

The ethereum network will be used to build a decentralized app for backing and storing the information in its Blockchain network. Any changes made in this network are secured on a shared ledger by strong cryptography and need to be agreed by the majority. This prevents fraud or data mutability, ensures transparency in trading and gives the project a competitive advantage in the marketplace. This will benefit the millions of existing Kinguin users and expand the Kinguin customer base.

Kinguin also plans to announce its Initial Coin Offering (ICO) as part of their wider expansion plans in beginning of 2018. ICO funds will support the development of a comprehensive ecosystem for its new trading platform.

This new Blockchain implementation coupled with the Kinguin eco-system will enable users to accept Steam, Origin, and Indie developer games. As a result, Kinguin’s global reach and business expansions are expected to strengthen adoption rate for Kinguin tokens.
Kinguin is going to start onboarding its existing network of Indie game developers immediately, saving all partners and publishers any additional legal work.

“I’m fascinated by Blockchain and its ability to reshape our industry. Kinguin and Blockchain is just the perfect fit. Giving our users and partners safety and encourage participation is our business model.” – comments Viktor Romaniuk Wanli, Founder and CEO of Kinguin.

Date of launch of the new game trading platform will be announced later.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles
advertisementGameflip"