GameStop Partners With Telos to Power the Next Gen of Web3 Gaming

in LeoFinancelast year

Exciting developments are underway in the gaming industry as GameStop, the video game retailer behemoth, partners with Telos, a high-performance blockchain platform. This collaboration aims to bring mainstream gaming distribution to the GameFi space through GameStop's upcoming game launchpad, GameStop Playr. By leveraging Telos' established blockchain infrastructure, the partnership seeks to break down barriers and attract traditional gamers to the world of Web3. In this article, we'll be exploring the significance of this collab, its impact on web3 gaming, and the vision behind GameStop Playr.

**GameStop Continues Its Push into Web3 Gaming **

Announced on June 1, 2023, the collaboration between GameStop and Telos signifies GameStop's commitment to embracing the transformative potential of Web3 gaming.

Justin Giudici, CEO of the Telos Foundation, believes that Telos offers an ideal environment for GameStop's advance into Web3 game distribution.

"We believe the prerequisites for advancing this dynamic space require a platform that's fast, secure, sustainable and scalable." said Giuduci.

Collin O'Brien, Head of Gaming at The Telos Foundation, expressed excitement about the collaboration, stating that it stands to be “one of the most significant onboarding events for Web3 gaming to date”.

Jesse Schulman, Chief Technology Officer with the Telos Core Developers said that the partnership aims to provide developers with a greenfield opportunity to build new and innovative games using Telos' blockchain infrastructure. By simplifying the gaming and onboarding experience, GameStop and Telos hope to entice traditional gamers to venture into Web3 gaming with the goal to create an accessible and user-friendly experience, leveraging recent advancements in web wallets and offering seamless on-ramp options to convert fiat currencies into cryptocurrency, an often painful experience even for seasoned crypto users.

According to AJ Dinger, the Head of Business Development at The Telos Foundation, in a recent Telos Town Hall; the upcoming game launchpad, will be launched first as a native desktop application. While an official release date has not been confirmed, a beta version is expected to launch soon. The Telos team has also said that GameStop Playr will launch with a diverse list of over 50 games.

Interestingly enough, GameStop already has a yearlong partnership with the Immutable blockchain and recently announced that the Elixr Game Launcher will power Playr. It looks as if the gaming giant is looking to build a diversified distribution strategy across various blockchains to build a robust GameFi ecosystem.

Removing Barriers and Fostering GameFi Growth

The collaboration between GameStop and Telos aims to remove barriers for traditional gamers and inspire more developers to embrace Web3 game development. The goal is to provide a hassle-free experience and attract gamers who may be hesitant to dive into Web3 gaming. GameStop aims to create an environment similar to Web2 gaming in terms of ease of use, with user centric features like social sign-in and the ability to easily onboard fiat. By streamlining the process, Telos hopes to break into an untapped market of traditional gamers, expanding the reach of GameFi and the broader Web3 ecosystem.

Conclusion

GameStop's collaboration with Telos could mark a significant milestone in the advancement of Web3 gaming. By combining Telos' blockchain infrastructure with GameStop Playr's upcoming game launchpad, the partnership may be crucial in attracting traditional gamers to the Web3 space while providing developers with a platform for creating the next generation of AAA titles. As the collaboration unfolds and GameStop Playr gains traction, the gaming industry can anticipate transformative changes that will bridge the gap between Web2 and Web3 gaming experiences.

To stay updated and access early access, visit https://playr.gamestop.com and stay tuned!

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Posted Using LeoFinance Alpha

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