ANKARA, Turkey–(BUSINESS WIRE)–1. November 2022–
Turkey-based Barakatech has developed the QAF tokenization platform that enables video game studios to quickly and seamlessly integrate NFTs into their gaming ecosystems, eliminating costs and software associated with this development process. Barakatech’s platform, ranked as one of Turkey’s top 20 innovative companies by Fast Company magazine, enables video game studios to integrate Non-Fungible Tokens (NFT) into existing gaming infrastructure. The QAF platform has a white-label solution for rapid NFT integration, removing the need to acquire additional resources for smart contract expertise or IT support.
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Barakatech’s QAF Platform Offers Fast and Seamless NFT Integration for Gaming Companies (Graphic: Business Wire)
The influential a16z 2022 State of Crypto research published by Andreessen Horowitz reports on how NFTs offer a whole new direction to monetize gaming communities. A key venture capital investor in Turkey’s leading VC Bogazici Ventures and CEO co-founder of Barakatech Cagatay Karabulut said, “Even technology companies are struggling to find an NFT-based revenue model and an end-to-end solution that is fit for purpose,” adding to the fact that they had originally positioned QAF as a platform for gaming companies offering intuitive and easy tokenization, but that its use is currently moving beyond gaming companies to reach all corners of the Web3 ecosystem.
Already in use by four game companies before launch
Designed to be a constantly updated platform, QAF offers easy and fast integration using the REST API and the ability to create NFTs via its ERC-20 Game Token integration thanks to its Ethereum blockchain compatible structure, resulting in an end-to-end solution that enables effortless NFT trading.
With the QAF platform, NFT production can be customized using ERC-721 and ERC-1155 token standards. Already used by four game studios prior to launch, QAF stands out from the competition due to its ability to access player profiles and NFT analysis. Barakatech co-founder Tuna Orbay commented, “QAF has no development costs at all; it is a true full-service offering. Companies with the vision to create their own new market spaces can design new revenue models using QAF. Our QAF infrastructure allows features such as auction sales and bidding using ETH, BST, Binance and Polygon MATIC.”
See the source version at businesswire.com:
CONTACT: Tuna Orbay
+31 30 799 60 22
KEYWORDS: TURKEY EUROPE
INDUSTRY KEYWORDS: SOFTWARE MOBILE/WIRELESS ENTERTAINMENT NETWORKS PROFESSIONAL SERVICES INTERNET HARDWARE TECHNOLOGY GENERAL ENTERTAINMENT OTHER PROFESSIONAL SERVICES NFT WEB3 ELECTRONIC GAMES
SOURCE: QAF NFT
Copyright Business Wire 2022.
PUB: 11/01/2022 04:30/DISC: 11/01/2022 04:32
