Connect with us

Press Releases

GameGraph to Build a Crypto Game Protocol on the Hedera Hashgraph Public Distributed Ledger

George Miller

Published

on

GameGraph to Build a Crypto Game Protocol on the Hedera Hashgraph Public Distributed Ledger
Reading Time: 2 minutes

 

GameGraph drives player traffic and helps game developers reduce their development costs

 

GameGraph announced that they have selected the Hedera Hashgraph public distributed ledger platform upon which to build their decentralized game protocol. GameGraph is an open-source protocol which looks to solve some of the most critical problems for players and game developers and provides the opportunity to save and earn money.

One of the most longstanding problems facing gamers is that progress in one game does not transfer meaningfully to other games. Users may invest significant time and money in a small number of games, but nothing is transferable when they want to play something else. GameGraph will be a decentralized protocol that enables gamers to move from one game to another and keep their game experience.

GameGraph provides services and tools for game developers that help them to reduce development costs, get free traffic through player movement between games, collect revenue every time their in-game items are sold from one player to another, reach game audiences directly, and launch games without a multi-million-dollar budget.

The next-step of the project is development on a decentralized platform and GameGraph have selected the Hedera platform. Hedera will offer a public, distributed ledger that enables anyone to develop secure, fast, globally distributed applications quickly. Since GameGraph is an open global protocol for millions of gamers, the critical requirement for an infrastructure platform are its performance and ability to enable very high throughput.

“We believe Hedera hashgraph is the best fit because of Hedera’s innovative consensus mechanism which will provide high performance for our platform. In addition, game developers won’t pay for centralized server infrastructure, as all their game software will be placed and secured on Hedera’s distributed ledger,” said Igor Demchenko, CEO at GameGraph.

“Gaming is an ideal use case for Hedera’s technology, because of the need to support high-throughput, combined with the requirement that transactions be recorded ‘fairly’, in the order conducted within a game,” said Jordan Fried, VP of Global Business Development for Hedera. “GameGraph is solving a long-standing problem in the gaming industry, and we are pleased that they have decided to build their gaming protocol on top of Hedera.”

To learn more about GameGraph, please visit https://gamegraph.io.

The Hedera whitepaper can be found at https://hederahashgraph.com/whitepaper

 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Industry News

Lottoland Announces The 4th Biggest Global Jackpot In History

George Miller

Published

on

Lottoland Announces The 4th Biggest Global Jackpot In History
Reading Time: 2 minutes

 

MegaMillions jackpot rolls to 654m USD – and could reach a record $BILLION by the end of the week

One lucky Brit could be in line to claim a near 500million (GBP) prize* this week after Lottoland announced its second ever largest Mega Millions jackpot.

This week’s top prize has reached a whopping 654m in USD to become the 4th largest jackpot in history – and is just two rollovers away from reaching an eye watering $1billion.

UK Lottoland players keen to claim one of the world’s biggest prize pots ever – equal to £497,206,770 in sterling* – can do so via the online betting company.

Nigel Birrell, CEO at Lottoland, said: “As ‘landmark’ moments go this week has already brought us a few, and has the potential to deliver a great deal more.

“We are pretty well versed in dealing with ‘lifechanging’ moments here at Lottoland, but to be talking about hundreds of millions – and potentially in billions – it doesn’t get much more exciting than that.”

“We haven’t seen hysteria like this surrounding a jackpot since the Powerball reached $1billion in 2016,” Nigel added.

“Make no mistake, this is a once in a lifetime moment that is about to make somebody’s dreams out there come true – believe it, you might just be the one to achieve it.”

The Mega Millions jackpot has been rolling over since the 27th July and will continue to rise until it is won, with the overall total topping $1billion by the end of the week if not claimed beforehand.

About Lottoland:

Lottoland has grown rapidly to become a world leader in online lotto. Innovation, coupled with the freedom to offer players a unique and enhanced lottery experience, has been key to the company’s success. In June 2018, Lottoland paid out €90 million to one lucky winner in Germany – this win has been confirmed by Guinness World Records as the Largest online gambling payout. This is also the biggest payout for Lottoland to date.

The Gibraltar-based business is active in 13 markets, has over 350 employees, and more than 8 million customers worldwide. Lottoland is licensed and regulated by the Government of Gibraltar, the UK Gambling Commission, the Republic of Ireland National Excise License Office, the Agenzia delle Dogane e dei Monopoli in Italy and the Northern Territory’s Racing Commission in Australia.

Continue Reading

Africa

South African Gambling Sector Looks Promising Despite Economy Cooling

George Miller

Published

on

South African Gambling Sector Looks Promising Despite Economy Cooling
Catalina Lukianenko, COO of BOSS. Gaming solutions
Reading Time: 2 minutes

 

Recent research by PricewaterhouseCoopers (PWC) shows that gross gambling revenues (GGR) in South Africa are forecast to exceed to R35 billion in 2021 (£1.85bn), a 5.1% compound annual increase. South African gambling taxes and levies will grow at a 5.2% compound annual rate to R3.5 billion in 2021. However, the slowdown in economic grows of the continent may challenge its gambling industry.

The predictions for Africa’s gambling will be thoroughly discussed during this year’s ICE Africa. The event will be held in Sandton, South Africa, on October 24-25 and will bring together under one roof gaming representatives from the whole continent and from across the world.. This is the first time when ICE has been hosted outside of the United Kingdom.

“Betting is one of the most promising branches of iGaming industry in South Africa”, says Catalina Lukianenko, COO of BOSS. Gaming solutions. “The betting share of Gross Gambling Turnover in Africa increased by more than 40% during 2016 – 2018, and, according to H2 projections, is going to rise by 7% in 2023 in comparison with 2018 figures.”

Since betting is the second most popular gaming activity in Africa, BOSS. Gaming solutions will arrive at ICE Africa and present their SIMPLE BET product which allows to launch and manage a betting company from scratch. It is available as Sportsbook and a ready-made solution for land-based betting shops operators.

Also, BOSS. Gaming will exhibit with a stand where visitors can explore the BOSS. Platform, SIMPLE GAMES, SIMPLE BET, AGames, and BOSS. Affiliates Platform.

“The African gambling is somewhat challenging now; however, it influences the continent’s economy by expanding the revenues and creating new workplaces for locals. We should take into account sports betting which gains the widest popularity in Africa”, says Catalina Lukianenko. “We believe, SIMPLE BET by BOSS. Gaming will help to develop this gambling niche and boost the continent’s economy.”

 

About BOSS. Gaming solutions:

BOSS. is an independent world-class software developer and provider of high class online and land-based gaming solutions. Core company’s products and solutions are gaming platform, sportsbook and betting services, landbased casino software, affiliate system, payment solutions, own online casino slots and White label solutions.

BOSS. Gaming provides consulting services and helps to get license, develop strategies, manage purchased online casino, offers technical and operational support and assists clients with getting business results.

Continue Reading

Africa

NSoft participates at ICE Africa 2018

George Miller

Published

on

NSoft participates at ICE Africa 2018
Reading Time: 1 minute

 

NSoft will be attending ICE Africa 2018, a 2-day event taking place from October 24 – 25 in Johannesburg, South Africa. This is the first time that ICE is leaving its hometown London in order to meet the emerging industry sectors – NSoft will certainly not miss the chance to be there and showcase its solutions.

Clarion Gaming’s ICE Africa will provide an ideal staging for NSoft to meet the local and international operators in order to present the versatility of its offer. The NSoft’s sportsbook offer and gaming platforms perfectly fit the African market, offering stable and region specific solutions aimed to increase business generating possibilities.

Operators willing to discover the NSoft’s Sportsbook, Virtual games and the iGaming platform are most welcome to book a meeting with our sales team at sales@nsoft​.com​.

It’s time to meet in Africa!

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.