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PRESS RELEASE. SEOUL – Iskra took the stage at Korea Blockchain Week, outlining their vision for game publishing in the Web3 era. “The technology is now available to us to provide an ecosystem that enables better outcomes for everyone: players, game developers and the platform itself. There is now an opportunity for all stakeholders (especially players) to share the overall value created by the gaming experience: from ownership of digital assets, development of fandom, to general participation in society.”, explains Ben Colayco, Iskra’s Global CEO.
Iskra plans to distribute up to 100% of all platform fees to each stakeholder, based on their participation. Participation is determined through Iskra’s community ranking system which measures everything from running an Iskra network node (Pioneer NFT), staking Iskra’s native token (ISK), to simply using platform services. This form of Game Publishing for Web3 includes the players as stakeholders from the very beginning, creating a dynamic where they are no longer the main source of income and now share in the overall value created by the gaming experience. This alignment hopes to create a virtuous flywheel where a highly engaged base attracts the best content, and the best content continues to grow the highly engaged base, while everyone shares in value creation.
The Iskra game partnership strategy revolves around game development experience and content-specific potential for web3. Following these criteria, Iskra has signed one new studio to the game series: HDLABS, HDLABS has experience in the blockchain game area with “Stepwatch”, it’s Move to Earn (M2E) title, and is working on transferring up to 30 titles from Web2 to Web3. HDLABS and Iskra will launch a turn-based RPG “Three Kingdoms Multiverse” together in the fourth quarter of 2022.
This brings the entire Iskra game series up to four confirmed titles and highly experienced studios, which includes Grampus with its popular restaurant simulation game “Cooking Adventure”, Rich Alien’s match-3 puzzle game “Cascade Kings” and Iskra’s own in-house title “Klaymon”, a collectible RPG .More announcements for new games and partners are expected by the end of 2022.
Mr. Seok-ju LEE, CEO of HDLABS believes that “The combination of our gaming expertise, Iskra’s blockchain knowledge and committed community will deliver the next generation of fun and sustainable gaming experiences for web3.”
Mr. Ji-in KIM, CEO of GRAMPUS added “We agree with the Iskra philosophy of Play AND Earn, not just Play TO Earn to promote true enjoyment and sustainability.”
About Iskra
ISKRA is the Future of Play. The company is backed by some of the biggest technology and gaming companies from Korea. ISKRA’s community-forward system aligns community interests by rewarding stakeholders based on their participation, while integrating sustainable tokenomic solutions for game developers who join the platform. The company seeks to bridge the gap in web3 adoption between early adopters and the mainstream by combining enjoyment, sustainability and the latest in blockchain technology.
About Korea Blockchain Week
Organized by FactBlock and co-hosted by Hashed, Korea Blockchain Week, 2022 is a premier crypto and blockchain event that brings together the brightest minds in the industry to discuss, redefine and celebrate the future of finance and the web3.
About HDLABS
HDLABS is a company that plans to be the perfect center of balance in the rapidly growing and changing metaverse industry. By sharing a vision with various global companies, we hope that developers, investors and users can all move forward together to a fair and valuable future for blockchain. HDLABS builds and expands the blockchain system for game development and gaming by providing innovative blockchain service solutions with creative knowledge and experience from diverse expertise. In addition, HDLABS focuses on continuous research and development of new technologies such as BLOCKCHAIN, NFT and GAMEFI so that a healthy and infinite ecosystem that can circulate in any variable system. They try to create what people have not yet seen before.
About GRAMPUS CWC
GRAMPUS CWC is a subsidiary that develops the blockchain gaming business of GRAMPUS. GRAMPUS is a video game developer and publisher of casual simulation and metaverse platforms. The company has developed several games for various platforms, such as Bingo Adventure, My Little Chef and Cooking Adventure. GRAMPUS CWC empowers people to own, obtain and trade digital assets through blockchain games, decentralized economy and intuitive distribution platforms. The ultimate goal is to create a fair and safe digital media ecosystem that everyone can enjoy based on casual games.
About Rich Alien
Rich Alien, “Party In, Rich Out” Rich Alien, a subsidiary of the company 111% behind the global hit game “Random Dice Defense”, produces AAA quality 2D-based mid-core games. Rich Alien aims to optimize game design and game metrics after the pre-launch of the standalone mobile app. It is our belief that we should only add the “to earn” components to the mobile game when we believe we have the game balance figured out and are confident about the in-game metrics. The company has already received a flood of support from the best gaming companies and gaming experts from Korea. The first title from Rich Alien is Cascade Kings: it’s a Match-3 puzzle game with base building, saga progression and epic PvP gameplay that involves attacking your friends, stealing coins from others and collecting ultra-rare character cards.
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