Mythical Games, the gaming development company behind upcoming Blankos game, recentlyannounced integration of the Microsoft Azure Blockchain Tokens – a new offering from Microsoft that allows projects to leverage the Token Taxonomy Framework (TTF) to digitize physical and digital assets.
This integration marks an important milestone in Mythical’s efforts to standardize how games and game economies are built using blockchain, bringing robust tools to support the games industry at large.
This is an important development not only for the gaming community, but also for the entire blockchain industry as dGoods are shaping up to represent a significant use-case for the blockchain technology:
With this announcement, game developers are now able to use Azure Blockchain Tokens to create rich, dGoods- and TTF-compatible game economies in an effort to foster the fast-growing global marketplace of digital assets between creators, consumers and game developers. The dGoods standard (short for “Digital Goods”) was developed by Mythical Games as a step towards a commercially endorsed benchmark for creating, managing and distributing in-game assets on the blockchain, giving access to a wide array of options for creating digital item economies and game experiences.
Rudy Koch, VP of Marketplace Services at Mythical Games:
By leveraging the TTF-based Microsoft Azure Blockchain Tokens service in combination with Mythical Games’ open-source dGoods standard, we can allow for a simple way to tokenize any type of asset in a game, creating new opportunities in and out of the game for players and content creators to participate in player-owned economies. The items that players earn in video games can be as diverse as our imaginations allow. When tokenizing game items, it’s important to us as game creators that we’re able to have a palette of tools to build an economy that fits our game and players.
dGoods is an open source standard developed by a team of projects that inlcudes Mythical Games, LynxChain, TokenPocket and many other prominent blockchain projects.
dGoods provides player ownership and liquidity of digital goods. Aside from gaming application dGoods standards has a potential to be applied in other economies, such as digital collectible arts, event ticketing etc.
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