ONBPAD #2: BlockGames - a cross-game, cross-chain, decentralized player network accelerating user growth for games, with personalised rewards for players

Created at: 04/08/2024, 2:12 AM
ONBPAD #2: BlockGames - a cross-game, cross-chain, decentralized player network accelerating user growth for games, with personalised rewards for players

What is BlockGames?

BlockGames is building a Player Network with Universal Player Profiles that unlock real data economies. This new paradigm empowers the next wave of innovative publishing applications and gaming experiences driven by rewards.

The BlockGames Player Network is developed by BlockGames Labs.

BlockGames Applications

To address the "cold-start" problem, BlockGames Labs is developing proprietary publishing applications that leverage the BlockGames Player Network and kick-start the distribution of Universal Player Profiles.

"Rewarded Play" is the first application from BlockGames Labs. It harnesses the BlockGames Player Network to amplify user acquisition for mobile games. By integrating the Universal Player Profile, this application builds player identities and motivates players to share their data and engage with games, rewarding them for their participation.

Rewarded Play:

BlockGames Labs has formed partnerships with 50+ leading gaming publishers, including renowned names such as Scopely, Playtika, IGG, Plarium and others to power its publishing initiatives.

Potential Use Cases

BlockGames Player Network is creating the most interconnected mobile gaming ecosystem with Universal Player Profiles. As the network expands with real, verified players, it transforms into an open and decentralized publishing platform. This platform hosts innovative tools, from player-targeted testing tools to reward-driven user acquisition and engagement engines, along with cross-game interoperable experiences.

Below are several potential verticals, though this is not an exhaustive list:

  • Esports Identity & Reputation: Utilizes verified achievements from esports events to help players build their esports careers through reputable Universal Player Profiles.
  • User Acquisition: Innovative user acquisition tools provide targeted, rewarding experiences based on Universal Player Profiles, such as Rewarded Play.
  • Bot Prevention & Security: In the era of advancing AI, BlockGames supports bot prevention tools and authentication methods for games and dApps to counteract reward farming.
  • Engagement: Tools for retention and engagement help mobile game publishers overcome scalability challenges by offering rewarded gaming experiences directly within games or through standalone experiences.
  • Personalization & Monetization: Leveraging Universal Player Profiles allows for personalized content and pricing strategies.
  • Feedback & Testing Tooling: Facilitates game early access and testing to a targeted audience of verified Universal Player Profiles, employing matchmaking and rewards for feedback.
  • Cross-Game Interoperable Identity: Offers a synchronized player identity across all gaming experiences and blockchains through a unified data layer, enabling interoperable player experiences through Universal Player Profiles.

$BLOCK Tokenomics

$BLOCK is the BlockGames native token, which serves as the medium of exchange between players, games and applications, streamlining transactions within the Player Network. The BlockGames tokenomics were designed with community and the growth of the Player Network.

$BLOCK is an ERC20 on-chain token issued on the Ethereum chain, which:

  • Is fully transferable;
  • Can be staked on-chain;
  • Can be exchanged to xBLOCK (for in-app use across any of the connected applications);
  • Can be redeemed for xBLOCK.

$BLOCK

BLOCK is an on-chain token, used as the medium of exchange for the BlockGames Player Network, with its main utilities as:

  • BLOCK is the data fee, facilitating data write & read transactions between players & applications;
  • BLOCK is redeemable for xBLOCK;
  • BLOCK can be staked for additional rewards;
  • BLOCK can be used to perform governance votes regarding platform and community affairs.
  •  

xBLOCK is an off-chain, non-transferable token and is one of the main rewards for shared data & engagement across applications connected to the BlockGames ecosystem. It is also:

  • Pegged to $BLOCK at 1:1 ratio (i.e. 1 xBLOCK = 1 $BLOCK always);
  • Not transferrable;
  • Can be used for in-app purchases (IAPs) and other sinks across connected applications;
  • Is redeemable to $BLOCK.

xBLOCK

xBLOCK is non-transferable token and its utility is focused on unlocking a variety of benefits across applications connected to BlockGames:

  • xBLOCK can be used as a premium currency of the BlockGames Player Network across the connected applications (e.g. used for IAPs, subscriptions and other purchases);
  • xBLOCK can be exchanged for $BLOCK with varying rates and waiting periods which is explained in more detail in the Exchange process;
  • xBLOCK is used to reward all network participants for growing the Player Network through player data writes, reads & interactions as explained in the Emission Mechanics.

Great news for the Onebit Ventures community!

We are excited to announce that Onebit Ventures has entered into a strategic partnership and investment agreement with the BlockGames project.

This will be the second project to launch on ONBPad - the Launchpad platform of Onebit Ventures. Investors participating in the Private Round on ONBPad will have the same status as Top Tier 1 investors. Note that projects that are invested in and screened through multiple rounds by reputable market investors typically have very high ROIs, minimizing risk for new investors.

Benefits for investors:

  • Early investment opportunity: Participate in the Private Round with Top Tier 1 status.
  • Support from Onebit Ventures: Get support from the professional team of Onebit Ventures with extensive experience in blockchain investment.
  • Promising community: Join the vibrant and enthusiastic Lava Network community.

Note:

  • Investors participating in the Private Round on ONBPad will have the same status as Top Tier 1 investors.
  • Projects that are invested in and screened through multiple rounds by reputable market investors typically have very high ROIs, minimizing risk for new investors.

Hold $ONB today to participate in the promising BlockGames project!

Seize the opportunity to invest in the BlockGames project today!

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