The Blockchain based game platform, Unittophia, has received funding of $ 5 million USD from an investment and financial services company, BitShiJie.com, according to a report on April 22, 2019.
Unitophia is said to be using the funds for research and development of blockchain-based games, as well as facilitating the growth of the industry. Unitophia also plans to create a digital distribution platform where users can purchase video games, similar to the Steam.com platform.
Unitophia claims that all video games on their platforms are decentralized and the distribution of game revenue will be controlled using smart-contract.
Previously a few days ago, blockchain-based game developer Lucid Sight had also raised 6 million to expand their game to the traditional platform. from the investment obtained by the company, it will be used to launch engine security. This tool is designed to introduce Blockchain based games on game platforms such as consoles, PCs, and so on.
In March, the Blockchain company, Anomoca Brands, signed a licensing agreement with Formula 1 to publish Formula 1 racing games that are powered by Blockchain technology.
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Animoca claims that Blockchain technology will deepen fan involvement and the statement is in line with F1 owners to enhance the fan experience.
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