The gaming industry is now able to unlock a huge revenue potential, by adding blockchain technology to games.
Keeping pace with the rapidly developing gaming niche of monetising game items through blockchain technology, Binance Smart Chain (BSC) announced a partnership with SaaS company Arkane to beef up the platform’s development tools and services allowing game studios and developers to build innovative games on a scalable blockchain.
While blockchain gaming has grown significantly over the past two years, it’s facing some major challenges in terms of speed and cost. BSC launched as an alternative solution by presenting a high-speed (3s block time) and cost-effective (an average transaction fee of $0.02) blockchain, a dual-chain infrastructure delivering Ethereum Virtual Machine (EVM) compatible programmability. BSC makes the migration process smooth and effortless, allowing thousands of applications to quickly move onto BSC, build and scale their services.
By integrating Arkane, the leading platform for blockchain game developers, BSC developers now have access to Arkane’s SDK and Dev tool, easing technical complexities and focusing on materializing their creative ideas. Developers that already use Web3 can integrate Arkane’s Web3 provider in minutes to onboard new users via social login, like Google, Twitter and Facebook, and automatically provide them with a secure wallet.
“We see great potential in the next generation of the gaming industry powered by blockchain technology. Binance Smart Chain is here to solve the major pain points for blockchain games by providing a high-speed, scalable and low-cost infrastructure. Arkane is a great enabler for game developers to abstract blockchain complexity and allow them to focus on what they do best. This partnership will help drive the truly player-owned economies and onboard mainstream players,” said the team behind Binance Smart Chain.
Arkane also provides services to create, secure and monetise digital assets (non-fungible tokens, “NFTs”), with plans to launch its NFT marketplace later this month.
The Sandbox grows mainstream users with Arkane
With Arkane’s Web3 provider, The Sandbox has been able to register new users through Google, Facebook and Twitter login, and automatically create a user-friendly blockchain wallet for the player.
In a matter of a few weeks, The Sandbox has onboarded more than 9,000 new players. The wallet comes with a fiat-to-crypto on-ramp, token swapping, NFT inventory and powerful referral features such as sending crypto or NFTs to a friend via email.
Arkane is accessible both on desktop and mobile web. For more information on integrating Arkane, please click the technical documentation.