Just as blockchain technology is transforming a number of industries, the gaming sector is starting to realize the value that can be gained from the blockchain. By ensuring more secure, transparent and faster transactions, gamers and developers can take advantage of a digital goods marketplace that can be utilized on a number of gaming platforms.
The decentralized nature of this marketplace also guarantees that there will be no third-party interference or censorship. And by accepting cryptocurrencies such as Bitcoin and Ethereum, gamers now have more opportunity to access new games across the globe. Ultimately, blockchain technology will empower gamers to own their digital goods, boost transparency and connect users and developers everywhere.
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company.
ICOs are easy to structure because of technologies like the ERC20 Token Standard, which abstracts a lot of the development process necessary to create a new cryptographic asset. Most ICOs work by having investors send funds (usually bitcoin or ether) to a smart contract that stores the funds and distributes an equivalent value in the new token at a later point in time.
In online card games, players find it so difficult to trade and sell their cards. This is because their cards are not their own – they are licensed from the developer, and the developer can revoke that license at any time. Nova Blitz brings that remedy as it offers to solve such problems with the Nova Token (“NVT”), an ERC-20 token. With this Nova Token (NVT) players are allowed to: Own all their cards, Earn copies of every new card-based on proof of stake of NVT, Sell cards for NVT on the in-game card exchange and Win NVT in tournament prizes.
Furthermore, Nova Token will provide development, marketing, and user acquisition funds for game developers who integrate the Nova Token platform into their games.
Nova Token holders can earn new cards through proof of stake. Stake your NVT on a game, and when the game releases new cards, you’ll earn copies of them based on the amount of NVT you stake. And because these are tokens on the blockchain, you own them, and can: Play with them or Sell them to other players.
Distribution of cards will be based on proof of stake. A minimum NVT holding is required, and the more NVT you stake, the more copies of each card you will receive.
The Nova Blitz real time trading card game is the first game to integrate the Nova Token platform.
Our team collectively has over 100 years of experience across game design, game development, mobile development, and financial technology.
For more information, and participation in their Pre-Sale and ICO today kindly visit: https://novablitz.com/novatoken