Blockchain Comes to Gaming With KardiaChain’s Whydah Platform
If you’re someone who keeps up with gaming news and happenings, then you’ve likely seen announcements of blockchain-based games, including NFT items within games and so on. These have become quite popular around the world and there are new innovations every day that bridge the gap between blockchain and the world of games.
Now, KardiaChain, a popular Vietnam-based blockchain ecosystem, is throwing its hat into the ring with its latest offering, announced in October 2021. This new offering is called Whydah and is a leading company applying Blockchain for Studio Games, promoting the development of the Blockchain ecosystem through Game development projects.
KardiaChain Breaks New Ground
With this announcement, KardiaChain is breaking new ground and expanding its empire. So far, KardiaChain has offered its users a DEX, an app for members, as well as an explorer. Now, two years after its initial launch, KardiaChain is getting into the GameFi business with Whydah.
Whydah, which is named after a famous galley in the Age of Discovery, will focus on consumer-facing products and will allow for game developers to build on KardiaChain’s existing blockchain infrastructure. In terms of adoption, the strategy to be deployed by Whydah will be offering co-ownership, a revenue-sharing setup, as well as strategic partnerships with GameFi and Metaverse industry players.
The firm has already set up partnerships with top gaming firms in its native Vietnam like IMBA, Hiker games, Divmob, and more expected to be announced in the coming months. This will not only endear Whydah to a wide audience who already play games from these companies but other game developers as well.
The goal over the next year is to solidify Whydah’s pipeline and achieve KardiaChain’s long-term vision of mass adoption. The expansion of the ecosystem will mean that developers and the wider gaming community can be even more connected.
Whydah will be led by Tri Pham as the CEO, he is also the co-founder of KardiaChain. Speaking on the new project, he said, “I’m thrilled to take on this new exciting journey of GameFi and metaverse. While I believe blockchain is a pillar of the future society, I also have faith in an invisible blockchain solution, like electricity running in the wall. Game has proven itself as an extraordinary medium for people to adopt blockchain without knowing the technology behind it. Follow the “GameFi compass” and we shall discover great treasures of the New World.”
Considering the fact that KardiaChain itself grew from 0 to 1 million transactions in six months and then saw an additional 15 million in three months after, there is a good chance that Whydah will replicate its success.
The Future of GameFi
This has also given rise to GameFi, a new blockchain offering through which players can sign up and earn rewards within the game itself. While having rewards within game universes is not a new concept, GameFi takes this a step forward by allowing players to earn rewards like NFTs that can be valuable and exchanged for real-life currency. Now, players are not only trying to win games but potentially win money as well.
Gaming as an industry is bigger than ever and has nowhere else to go but up, especially with GameFi. Moving forward, blockchain will likely plan a much larger role in the development of games themselves and in the way that consumers interact with them thanks to projects like Whydah. More announcements are expected from the KardiaChain team soon.
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