What is BlockGames? BlockGames is a platform that publishes decentralized games with an innovative reward model. So what is so interesting about BlockGames that attracts so many famous investment funds? Let’s find out together in the article below.
To understand more about BlockGames, people can refer to some of the articles below:
- The Development History Of Gaming And The Future In Web3 Games
- What Are AAA Games? Will Tripe A Make a Difference for GameFi in the Upcoming Cycle?
- What Makes Web2 Gaming Giants Bet On Web3 Gaming?
- What is Onchains Game? The Next Trend Of Gaming
BlockGames Overview
What is BlockGames?
In today’s gaming world, there are many challenges, especially with mobile games including:
- Concentrate: In fact, players do not receive financial benefits when the games they participate in are increasingly developed, The majority of revenue mainly belongs to developers and publishers.
- Attracting users becomes difficult: Changes to AppStore Privacy Policy detrimental impact on attracting users to the game.
- Games are difficult to scale: Market saturation combined with UA’s challenges make it difficult for the game to scale.
Based on the above problems BlockGames has designed and built a unique system that promotes interaction between players, and increase the speed of introducing friends quickly and strongly. There will be two main factors:
- Contributor model: Through contribution mechanisms, players and content creators are motivated to perform simple interactive tasks that generate rewards valuable both in-game and in the real world.
- Referral model: Make referrals a byproduct when players participate in BlockGames’ ecosystem.
BlockGames vision
BlockGames’ vision is to build a new era of new games that benefit all participants including players, developers, publishers, etc. To achieve this the focus is BlockGames’s build includes:
- Creating an ecosystem of games with an ever-expanding player base, they call it The BlockGames Player Network is powered by BLOCK – BlockGames’ Native Token.
- Construction Proof of Contribution. There will be rewards based on the player’s valuable contributions.
- Motivate users to migrate from Web2 Game to Web3 Game.
Player Network Protocol
Player Network Protocol is described as a cross-game, cross-chain network with the ambition to build enthusiastic players who become more and more enthusiastic about playing games, referring friends through a reward system.
Proof of Contribution will be for both game builders and gamers. Every time game developers build a new game, users will pay a fee of $0.5 – $10 for each game installation. The fee model will continue as follows:
- The referrer will receive 1% from the registration fee of the person they refer to BlockGames.
- The referrer will receive 10% from the registration fee of the person they refer to BlockGames who continues to actively participate in the game.
- The referrer will receive 40% of the registration fee of the person they refer to BlockGames with a minimum in-game purchase of $1.
- The referrer will receive 5% when the referred person continues to use your referral code for the next 3 new people.
- The remaining 44% will be put into the Treasury.
BlockGames will deduct 20% of revenue from in-game and out-of-game purchases which will be further distributed as follows:
- Invited players receive 70%.
- The referrer will receive 5% when the referred person continues to use your referral code for the next 3 new people.
- The remaining 25% will be put into the Treasury.
Development Roadmap
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Investor
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Core Team
Benas Baltramiejunas: Co Founder & CEO
- Benas earned a Bachelor of Science, Business & Management from Kingston University.
- Benas has worked for Nike for a long time in many different roles such as Business Model Innovation Analysis, Sales Analysis in the UK region,…
- After leaving Nike, Benas started his business by founding Halo – a rental platform that simplifies the entire rental registration process. Then, it was acquired by a leading real estate company in 2022.
- By March 2022, Benas officially participated in building and developing BlockGames.
Kipras Gajauskas: Co Founder & COO
- Kipras earned a degree in International Business at Middlesex University and studied Blockchain at Oxford.
- Kipras used to work as CEO at Kigora.
- By February 2018, together with Benas, he built Halo and later BlockGames.
Tokenomics
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Exchanges
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Project Information Channel
- Website: https://www.blockgames.com/
- Discord: https://discord.com/invite/blockgames
- Twitter: https://twitter.com/GetBlockGames
- Medium: https://medium.com/@Blockgames.com
- LinkedIn: https://www.linkedin.com/company/blockgames/
Summary
BlockGames continues to engage in Web3 Games with strong ambitions. Hopefully through this article everyone can understand more about what BlockGames is?