Video game pioneers adopt the blockchain platform

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Forte, along with developer partners, is looking to integrate new affordable designs into existing and future games. Some of these ideas are designed to improve popular game mechanics such as earning in-game cosmetics and player rewards. The most recent ideas are the introduction of measures such as guild ownership and governance. A further application consists of offering in-game services (offered from player to player), along with community-generated experiences. Blockchain technology refers to a digital, decentralized and distributed ledger that works to record the provenance of a digital asset. Most blockchains are in the form of digital ledgers, made up of records called blocks. The ledger is used to record transactions on many computers. This process ensures that any entry made into a block cannot be changed retroactively, without altering all subsequent blocks and with the notification of each stakeholder. The interest in the blockchain is in providing solutions to improve trust, transparency and verifiability. Forte’s proposal to develop the “community economy” and put them into a video game platform is intended to enable players to create revenue potential through the sale of digital goods and in-game services and for supporters and gamers to the opportunity to participate in a game. official economy (not black market economies) by creating and selling goods and earning money for their contributions. This application can be incorporated into various e-sports programs. By combining the community economy and the blockchain, it is possible to create digital markets that will allow participants to make joint investments in shared spaces without assigning all market power to a single platform operator. The aim is also to provide developers and publishers with more sustainable and ongoing financial and commercial opportunities through the development of gaming economies. It is also possible that consumers will see lower prices on games as long as video game publishers see higher revenue streams. With the new venture, Forte has partnered with Will Wright and Lauren Elliot’s Gallium Studios (Wright created the hit franchise The Sims, and Elliot was co-designer of the Carmen Sandiego game series); Monster Ideas by Jeff Tunnell (Jeff is co-founder of Garage Games and has produced many successful titles at Electronic Arts and Activision); also, Penrose Studios and GC Turbo.

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