Enjin focuses on enabling the blockchain-based monetization of games and the development of gaming communities. It’s now working with Microsoft to pilot tokenized rewards for developers who use Microsoft’s Azure platform.
Microsoft Azure is the technology giant’s blockchain-enabled cloud computing service. Developers use it for building, testing, and managing, cloud applications and services. Microsoft, in collaboration with Enjin, now plans to reward developers with tokenized assets, or non-fungible tokens (NFTs). These digital assets are cute digital badgers which have a limited supply, this rarity gives makes them digital collectibles similar to CryptoKitties.
And, like other NFTs these collectibles are an asset in their own right and can be stored in a blockchain wallet and even sent to other blockchain addresses. Microsoft explains to its developers:
“Blockchain technology is being used for issuance and transactions which means that as a recipient of a tokenised badger, you take ownership of a digital collectible in the form of a non-fungible token (NFT).”
Azure developers will be rewarded for their contributions to the Azure community, such as mentoring others and developing code and techniques that they share with the community. Microsoft adds:
“Azure Heroes aims to reward individuals for verifiable acts of impact such as coaching, creating demos, building sample code, blogging about Azure or completing certain challenges. Community members that have demonstrated their contributions will be recognised with badges across a number of categories.”
The pilot will take place in selected regions and it is yet another example of a technology company realising the potential of both blockchain and gamification.
As per CoinTelegraph Microsoft is already working with Fabled Lands and Eidos to develop a blockchain-based game that will have NFT in-game assets and collectibles.
Blockchain company Enjin wants to “radically transform gaming by bringing real-life economies to virtual worlds.” It enables developers to create and integrate blockchain assets or NFTs into their products. And, Enjin is using blockchain in a platform for gamers to create and manage their websites, communities, Minecraft and other game servers, guilds, and clans. These communities have integrated systems of awards and rewards.
Cryptocurrency and blockchain look set to be firm inclusions in the next iteration of game monetization, generating revenue for publishers but also adding swathes of new capabilities for gamers and their game items, builds, and communities.
Image courtesy of Microsoft