Key takeaways:
- The Game Company is teaming up with 01X to establish a decentralized economy, empowering players to take ownership and control of their gaming experiences.
- Through this partnership, The Game Company allows players to actively curate and manage eSports tournaments, revolutionizing the competitive gaming landscape.
- By partnering with 01X, The Game Company reinforces its commitment to shaping the future of gaming, leveraging the potential of blockchain technology for enhanced player experiences.
Dubai, United Arab Emirates, June 1, 2023 (GLOBE NEWSWIRE) — The gambling companyan industry-leading innovator in cloud-based AI gaming, has entered into a strategic partnership with 01X, a Dubai-based consultancy specializing in blockchain technology and decentralized economies. Together, they will create a decentralized economy within The Game Company’s cloud-based AI platform, transforming the way users are rewarded for their active participation and engagement on the platform.
The collaboration brings forward player-driven curation for eSports tournaments, restructuring the competitive gaming industry. Players take an active role in creating the gaming experience when they have the ability to design and manage tournaments. This is part of a booming business, benefiting from the massive expansion of the global eSports market, which is projected to reach $6.75 billion by 2030. Through the decentralized nature of the platform, tournament hosts can establish their own rules, formats and reward structures, creating a dynamic and diverse competitive environment.
Osman Masud, CEO of The Game Companyshared his excitement saying, “Our collaboration with 01X is a turning point for the esports sector. By integrating blockchain and decentralized economies, we are putting power back into the hands of esports players. They can now create competitions, take control of their gaming experiences and change the competitive landscape. We are dedicated to building a player-centric ecosystem where their voices are heard and their contributions are celebrated.”
With a proven track record of successful collaborations with numerous blockchain projects (01x.one), 01X demonstrates its expertise and trusted solutions in the blockchain ecosystem. This partnership with The Game Company further reinforces their commitment to shaping and advancing the evolving cloud gaming scene. Together, they are poised to harness the enormous potential and drive innovation in the industry, creating a transformative blockchain gaming ecosystem.
Joachim GodetCEO of 01Xadded, “Our collaboration with The Game Company marks a pivotal moment in the gaming industry. By combining our expertise in blockchain and game economywe’re paving the way for a future where players have unprecedented control over their gaming experiences and reap tangible rewards for their engagement.”
This partnership strives to have an impact that extends beyond the scope of this collaboration, marking the start of a new era in gaming. It is set to drive the growth of decentralized economies, support and facilitate player-centric experiences, and reaffirm The Game Company’s commitment to providing the most advanced, flexible and inclusive cloud gaming platform. Together, they aim to place player empowerment at the forefront of the industry.
About The Game Company:
The Game Company is a revolutionary AI-powered cloud gaming platform that aims to provide an unparalleled gaming experience to digital gamers worldwide. With a powerful fantasy league engine and Web3 technology, users can participate, play and earn in a huge interconnected multi-role ecosystem. The company’s vision is to break down the barriers of connectivity, latency and market economy and create a truly immersive gaming experience. Features include low latency, indigenous compression technology, digital asset creation, and social interaction among the gaming community.
To learn more about The Game Company, visit their website:
About 01X:
01X is a Dubai-based consultancy specializing in blockchain technology and decentralized economies. With a proven track record of successful collaborations, 01X has established itself as a leader in the industry, offering innovative solutions and expertise in tokenomics integration into Web3. The company’s mission is to unlock the transformative potential of Web3 economies across various sectors, empowering businesses to embrace decentralized ecosystems and harness the benefits of transparency, security and efficiency. 01X brings deep industry knowledge and a commitment to delivering tangible results to its partners, enabling them to navigate the complexities of blockchain and revolutionize their industries.
