ESPN Global has recently developed an online gaming platform using blockchain technology. The E-Sports Programming Network gaming environment will allow users to compete against each other in a variety of game battles and tournaments, where they can win money.
Players can make payments through Bitcoin
According to a news reportThe upcoming platform will provide users with the opportunity to obtain a premium membership, allowing them to play slots, as well as early access to the latest and most anticipated online games.
ESPN's new gaming environment is in a pre-launch phase. When it's finally active, it will allow players to make deposits and withdrawals using Bitcoin, in addition to a number of other cryptocurrencies.
The report also says that ESPN Global has been using the CryptoPay platform to make the entire payment system much more secure, fast and streamlined.
The company also offers some of the most popular online games in a single app, where users can join each other and compete in multiple games in real time.
"According to research by 3EA Limited, a global strategic management consulting group, eSports and online games is a $ 140 billion global industry driven primarily by economies of digital micro transactions, which we believe will greatly benefit of the integrity and resilience of Blockchain technology, ”said Chris Parker, one of the ESPN Global Directors.
Showing the potential of Blockchain games
In addition to the above, ESPN has recently released a new online “$ 1 million puzzle game” called Satoshi’s Treasure, based on the blockchain, and named after the creator of Bitcoin: Satoshi Nakamoto.
According to the report, ESPN Global Management is now planning the future of developing even more blockchain-based games. Once they build a stable eSports community, the company intends to launch an Initial Exchange Offer (IEO) of its own Smart Gaming Token (SGT), which is based on the ERC-20 platform.
ESPN Global also announced the upcoming launch of a new Game Developer Console, which will launch in January 2022. There, different game studios and independent game developers will have the opportunity to launch their games.