- BlockchainK2 (BITK) launches Amplify Games, a decentralized distribution network for digital games
- Amplify Games records sales on a blockchain and shifts the definition of a successful game toward in-game currency value
- BlockchainK2 is a holding company investing in blockchain technology solutions primarily for capital markets
- BlockchainK2 (BITK) is up 16.55 per cent and is currently trading at C$1.62 per share
BlockchainK2 (BITK) has introduced Amplify Games, a decentralized distribution network for digital games.
Amplify Games is intended to restore trust between game developers and distributors by recording sales on a blockchain. The platform disrupts the definition of a successful game away from revenue and toward in-game currency value or tokenization, thereby refocusing game development efforts to benefit players.
Amplify Games also connects game studios, influencers and game communities together, allowing them to maximize exposure and reach potentially millions of gamers. A game would theoretically no longer need to be promoted by a mega-publisher in order to become a success.
Sergei Stetsenko, CEO of BlockchainK2, said,
“Investor interest in video gaming is strong and, as a publicly listed company, BlockchainK2 can offer traditional investors a way to participate in gaming and the blockchain space. The network effect of an interconnected market is the thing that really drives long term retention and exponential growth.”
BlockchainK2 is also pleased to announce the appointment of Tony Caputo as Chief Executive Officer and President of Amplify Games. Mr. Caputo has deep connections with decades of experience in the gaming industry along with strong technical and leadership skills in the blockchain technology space.
BlockchainK2 is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization.
BlockchainK2 (BITK) is up 16.55 per cent and is currently trading at C$1.62 per share as of 10:23 am EST.