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Monday, October 18, 2021
Home Opinion Blockchain Startup GameCredits Teams Up with Datcroft Games to Deliver Blockchain Payment...

Blockchain Startup GameCredits Teams Up with Datcroft Games to Deliver Blockchain Payment Solution for Gaming Industry

LA-based IT and financial company GameCredits has announced its partnership with Datcroft Games the global gaming development company with 12 million users. 

The partnership will allow users to purchase games and earn money using GameCredits’ unique cryptocurrency payments solution, which integrates starting from popular Datcroft games including MMORPGs, TPS and social games. The first game to integrate GameCredits is MMORPG Fragoria, the popular web-based, free-to-play multiplayer game, available for play and exchange using GameCredits in early December.

GameCredits’ integration into popular games will allows users to:

  • Buy in-game items and purchase games.
  • Have larger deposit limits than traditional payment methods.
  • Win gamecredits and spend across different games.
  • Easily cash out or send to exchanges.
  • Multiply value of gamecredits cryptocurrency (GAME) due to demand pressure.

“Among the biggest issues with monetizing the gaming community are limited options for depositing and spending money, difficulty transferring funds between games and unsecure methods for storing funds” said Sergey Sholom, CEO of Datcroft. “GameCredits’ partnership with Datcroft Games Ltd. marks a turning point in both the crypto- and gaming industries by providing a safe and easy system for monetizing the Blockchain for gaming.”

GameCredits is a winning solution for gamers as well as developers enabling developers to:

  • Receive substantial savings over traditional revenue-share models.
  • Receive immediate payouts of earned revenues.
  • Control their revenue economy by promoting and incentivizing GameCredits Inc. payment options.
  • Benefit from cross promotion of other games in the ecosystem.
  • Profit from demand pressure put on gamecredits cryptocurrency price.

“We believe there’s never before been a more viable solution to monetizing the Blockchain for gaming,” said Sholom. “We’re testing out the payments solution with one of the most popular games, Fragoria, which features around 8 million players — and this is the first of many games GameCredits will integrate with.”

GameCredits delivers Blockchain-based products to the gaming industry. Founded in 2016, GameCredits allows game developers to accept the gamecredits cryptocurrency (GAME) to securely purchase existing in-game items without the inconvenience and cost of traditional banking and payment alternatives. Users can purchase GAME directly inside their own GameCredits wallet for USD, Euro and bitcoin, as well as on major exchanges globally, including Bittrex and Poloniex. 

Datcroft Games LTD. is a global gaming development company known for creating beautiful game worlds on Web, PC and mobile platforms. Founded in 2004, Datcroft Games has become increasingly popular developing games such as MMORPG Fragoria, which has over 8 million registered accounts. The team consists of more than 50 people from more than 10 cities in 7 countries and 5 different time zones. Games of Datcroft are available in 15 languages worldwide and have been already played by more than 12 million users.

Richard Kasteleinhttps://www.the-blockchain.com
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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