The collision of blockchain technology and gaming holds great promise for the growth of both industries. Gamers were some of the early adopters of cryptocurrencies as they were already familiar with many in-game virtual currency models and saw the benefits of integrating cryptocurrency networks into the domain.
Benefits of Blockchain Gaming
Blockchain provides a useful tool for games for various reasons including decentralized asset exchanges, fast and secure payment networks, and an ability for developers to properly monetize their creations.
The most popular implementation of blockchain technology for gaming is with decentralized applications and online casinos. We launched our initial platform in 2018 and were pleased with the results. We would like to improve the current casino and poker system with the introduction of a new ERC-20 token. The current Turtle Network token will still be utilized on the starsvipclub.com website where various new web based games will be built. We are starting with a version of the popular bustibit game that will hopefully be launched by March 2019. STARS is planning to partner with a major gaming provider to launch a new improved platform at the conclusion of the current token sale that is going on now at myicopad.com.
One of the most apparent benefits of cryptocurrencies for gaming is their utility as fast and secure payment networks. The payment benefits will be especially useful in our new platform where you can send from your casino wallet to an exchange or personal wallet. This will be a two layer scaling solution where the platform will run an on a centralized server with decentralized ERC-20 and Turtle Network wallets.
Centralized games and gaming platforms have clear advantages over blockchain-based games right now. However, in the future we think that our hybrid solution where centralized and decentralized layers will achieve a greater balanced platform where our players will get the best experience possible.