Ludos Protocol Launches LUD Pay in Japan
Ludos Protocol is excited to announce the launch of LUD Pay. With LUD Pay, Japanese fans of Ludos Protocol no longer have to grapple with issues related to payments when gaming. These may include the difficulty in acquiring LUD tokens for blockchain games, problems in topping up their wallets, and problems converting cryptocurrencies into fiat and vice-versa. With LUD Pay, Ludos Protocol fans can focus their time gaming and mining for more LUD tokens!
Accessing LUD Pay will be a breeze. Leveraging Ludos Protocol’s partnership with FullPay Japan — which is also an authorized representative of WeChat in the country — LUD Pay will be available on the same network. Any store that has the FullPay network will allow gamers to access LUD tokens.
LUD Token Impact
Any game developed on Ludos Protocol will protect a gamer’s virtual wealth and assets such as props, skins, or pets, through a variety of blockchain smart contracts. In addition, gamers can sell their virtual assets in one game and leverage tokens generated to enter another game.
LUD Pay will implement interoperable functions not only between different gaming universes, but also between the virtual and real world, where gamers can use LUD tokens to acquire items at stores that accept them.
Upending Gaming Operator Dominance
Gamers have often complained that many gaming currencies are issued by operators without basis, and at times, without considering how the amount of currency issued impacts gamers. This is due to gaming operators’ quest to increase monetization. Sadly, as a result, this tends to negatively affect the gaming experience as virtual items, weapons, and upgrades can greatly fluctuate in price. Thus far, game operators have been able to hide behind their algorithms, which are not transparent to users.
The opaqueness and difficulty in anticipating changes in games’ rules has often caused ill feeling from users — this is ultimately bad for the industry at large and needs to be addressed in the interest of the continued evolution of the gaming market. Thus, leveraging blockchain technology, Ludos Protocol seeks to upend such practices.
Games built on the Protocol will also be inherently more efficient — as resources are more effectively utilized — and with LUD Pay, LUD tokens will ‘protect’ a player’s generated wealth in his or her games by offering continuance across multiple gaming universes.
In this manner, LUD Pay represents a key development in the gaming industry, one that enables gamers to enjoy an open, transparent, fair, and rewarding gaming experience.
About Ludos Protocol
Ludos Protocol is a purpose-built blockchain infrastructure project for the gaming community. As only the third blockchain project to be backed by Japanese investment giant Softbank, Ludos addresses numerous shortcomings in the existing gaming landscape. Its main chain + multi-sidechain architecture allows games to run entirely on their own blockchain, preventing scalability issues that have plagued previous blockchain-based games. Additionally, the Protocol seeks to create a gamer-friendly ecosystem whereby game developers and gamers can come together to easily crowdfund and build on the platform. The use of non-fungible tokens (NFT’s) within the ecosystem will allow gamers to swap assets in one game for assets in another. Finally, through their partnership with FullPay Japan, Ludos will give gamers the chance to use LUD tokens that are earned in-game to shop and buy at a range of retail stores in Japan and later the world.
Ludos Protocol Links
Telegram Channel: https://t.me/LudosProtocol
Website: https://www.ludos.one/
Facebook: https://www.facebook.com/LudosProtocolOfficial/
Twitter: https://twitter.com/LudosProtocol
Reddit: https://www.reddit.com/r/LudosProtocol/
BitcoinTalk thread: https://bitcointalk.org/index.php?topic=5064140.new#new
