TrustNote Announces Strategic Investment in Blockchain Game Asset Exchange BIT.GAME

Bob Lu
RingNetwork
Published in
4 min readMay 23, 2018
TrustNote invest in Blockchain Game Asset Exchange

Two of the most innovative next-generation blockchain projects have increased cooperation with the announcement of TrustNote’s strategic investment in BIT.GAME. Both parties will further strengthen cooperation in the areas of blockchain game ecosystem development, marketing, and new blockchain game incubation.

The partnership between TrustNote and BIT.GAME has obvious benefits for both parties. TrustNote will promote the BIT.GAME project in the TTT investor community. TTT token holders can use TTT tokens to invest in BIT.GAME and enjoy favorable discounts provided by the BIT.GAME project.

The increased partnership will also mean greater integration between TrustNote and the two exchanges operated by BIT.GAME. Custom tokens issued on TrustNote will receive priority listing on BIT.GAME Exchange and BIT.GAME AIDEX, while the TrustNote Super Wallet will directly connect to the trading interfaces of both exchanges. This means that custom tokens and digital assets created on TrustNote will be listed automatically on both of BIT.GAME’s exchanges.

TrustNote’s strategic investment marks the latest stage in cooperation with BIT.GAME. On March 6, 2018, it was reported by China’s largest news media group People’s Daily that BIT.GAME and TrustNote had agreed upon strategic cooperation and jointly initiated the “Global Blockchain Game Alliance.” On April 3, 2018, TrustNote founder Jeff Zhou gave a keynote speech entitled “TrustNote Reshapes the Value of Credibility in the Gaming World” at the Global Blockchain Forum. The April 30, 2018, announcement of TrustNote’s strategic investment in BIT.GAME further deepens cooperation between the two parties.

Both TrustNote and BIT.GAME are dedicated to providing the tools necessary for developers to unlock the potential of tokenized innovation. TrustNote’s simple TRC20 protocol makes it easy for anyone to create tokens and digital assets without the complex coding required to issue smart contracts on other platforms. BIT.GAME provides original and complete development kits for traditional game publishers looking to develop the next generation of blockchain-based games.

ABOUT TRUSTNOTE

TrustNote was created with the belief that decentralization is the key to freedom of innovation in the digital age. Many of today’s blockchains have compromised on true decentralization, denying innovators and future thinkers the freedom to create the change they want to see. TrustNote is designed to make development easy, fast, and scalable, and bring trust to an untrusting environment for every person on every device at a low cost.

Currently, many public ledgers emphasize hype and marketing before launching their main chain and providing a working product. In contrast, TrustNote waited until the launch of its mainchain on January 18, 2018, before engaging in any marketing efforts.

TrustNote combines the instant and low-cost transaction capabilities of a Directed Acyclic Graph (DAG) ledger structure with a Proof of Work (PoW) consensus model to build a distributed ledger that is instant, scalable, fully decentralized, and secure. TrustNote adheres to a Satoshi Nakamoto-styled truly decentralized concept of security, insisting on PoW as the most reliable consensus algorithm available. TrustNote’s aim is to create a truly fast, scalable, and developer-friendly blockchain.

TrustNote aims to spark innovation and build the new tokenized economy with its TRC20 token protocol and iToken platform, which allow users to create and publish tokens freely and simply without having to code complex smart contracts. TrustNote’s Super Wallet provides security and rich application interfaces for tokenized applications, blockchain games, and social applications.

On TrustNote, everyone can participate, all things can be tokenized, and transactions can be conducted on a truly decentralized network. TrustNote allows everyone to have their own digital assets and gain corresponding rewards through value exchange. The platform has been optimized for use by every person on every device, with full support for Internet of Things (IoT) devices. TrustNote allows new ideas to become reality and flourish on the blockchain, empowering its users and democratizing decentralized development.

BIT.GAME: The world’s first blockchain game vertical trading platform

Seeing blockchain as the next step in the evolution of gaming, BIT.GAME is aiming to create the world’s largest blockchain gaming ecosystem. The BIT.GAME exchange will facilitate the trading of digital assets and gaming tokens, aiming to offer over 100 cryptocurrency trading pairs by the end of 2018. They will also provide complete development kits to games publishers for use across a range of blockchain networks.

BIT.GAME founder Eric Sun has said that BIT.GAME will provide technical support, capital incubation, and asset trading services for innovative and high-potential blockchain game projects. More than 100 projects have already shown interest in utilizing the BIT.GAME platform. BIT.GAME has also reached strategic cooperation with four public blockchain projects, including TrustNote. Through these strategic cooperation agreements, BIT.GAME seeks to explore the application of blockchain in the gaming industry and promote the development of blockchain gaming ecology.

BIT.GAME will provide a crowdfunding mechanism which allows game developers to seek funding, with BIT.GAME users voting on which projects receive support. BIT.GAME is also looking to further the concept of “paid-to-play” gaming, where users are rewarded for playing by receiving a cut of the game’s advertising revenue.

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