Press Release
PRICE RELEASE SEOUL – Iskra took the stage at Korea Blockchain Week, outlining their vision of game publishing in the era of Web3. “The technology is now available for us to provide an ecosystem that enables better outcomes for everyone: players, game developers and the platform itself. There is now an opportunity for every stakeholder (especially players) to share in the overall value created by the game experience: from digital asset ownership, fandom development, to overall community participation.”, explains Ben Colayco, Iskra’s Global Managing Director.
Iskra will distribute up to 100 percent of platform fees to all stakeholder based on participation. Participation is determined through Iskra’s Community Ranking System that measures everything from running an Iskra network node (Pioneer NFT), staking Iskra’s native token (ISK), to simply using platform services. Game Publishing for Web3 is a form of Game Publishing that includes players from the beginning. This creates a dynamic in which they no longer have the sole source of revenue but share in the overall game experience’s value. The goal of this alignment is to build a positive flywheel in which a high-engaged base draws the best content and that the top content keeps growing the engaged base while sharing the value.
Iskra’s partnership strategy for games revolves around the game-development experience and potential content-specific to web3. Following this criteria, Iskra has signed one new studio to its game line up: HDLABS, HDLABS has experience in the blockchain game space with “Stepwatch”, it’s Move to Earn (M2E) title, and is working on transitioning up to 30 titles from Web2 into Web3. HDLABS and Iskra will be launching a turn-based RPG “Three Kingdoms Multiverse” together in Q4 of 2022.
This brings the Iskra full game line up to four confirmed titles and highly experienced studios, which include Grampus with its popular restaurant simulation game “Cooking Adventure”, Rich Alien’s 3-match puzzle “Cascade Kings”, and Iskra’s own in-house title “Klaymon”, a collectible RPG. Upcoming announcements regarding new games and partnerships are expected by 2022.
Mr. Seok-ju LEE, CEO of HDLABS believes that “The combination of our game expertise, Iskra’s blockchain knowledge and engaged community will deliver the next generation of enjoyable and sustainable game experiences for web3.”
Mr. Ji-in KIM, CEO of GRAMPUS added “We agree with the Iskra philosophy of Play AND Earn, not just Play TO Earn to foster genuine enjoyment and sustainability.”
About Iskra
ISKRA, the Future of Play. Some of Korea’s most prominent technology and games companies have backed the company. ISKRA ‘s community-forward system aligns the interests of the community by rewarding its stakeholders based on their participation while integrating sustainable tokenomic solutions for game developers that join its platform. It combines enjoyment, sustainability, as well as the best in blockchain technology to help bridge the gap between the early adopters of web3 and mainstream adoption.
Korea Blockchain Week
Korea Blockchain Week, 2022 hosted by FactBlock with Hashed as co-host, is a top crypto and Blockchain event that brings together the best minds of industry to celebrate, discuss and redefine the future of finance.
HDLABS
HDLABS is an organization that aims to serve as the ideal center for balance within the constantly changing and growing metaverse. We share a vision together with other global companies and hope developers, investors and users all can work towards a more fair and profitable future for blockchain. HDLABS works to expand the blockchain platform for games development. We also provide innovative solutions using blockchain technology with our creative knowledge and diverse experience. HDLABS also focuses its efforts on the continuous development and research of new technologies, such as NFT, BLOCKCHAIN and GAMEFI, to create a vibrant ecosystem that is able to circulate in every variable system. Their goal is to create something that people don’t know exists.
GRAMPUS CWC:
GRAMPUS CWC, a subsidiary of GRAMPUS, is responsible for developing the Blockchain Games business. GRAMPUS, a publisher and developer of casual and metaverse games, is an affiliate. The company developed games for a variety of platforms such as My Little Chef, Bingo Adventure and Cooking Adventure. GRAMPUS CWC empowers individuals to acquire, trade and own digital assets using blockchain games, decentralized financing, and intuitive distribution channels. Our ultimate goal is to make digital media accessible and fair for everyone, based on casual gaming.
Rich Alien
Rich Alien, “Party In, Rich Out” Rich Alien, a subsidiary of the company 111% behind the global hit game “Random Dice Defense,” produces AAA quality 2D based mid-core games. Rich Alien’s goal is to improve game design and game metrics following the launch of the mobile application. It’s our belief that we should add the “to-earn” components to the mobile game only when we believe we nailed down the game balance and are confident about in-game metrics. Already, the Company received a lot of support from gaming industry professionals and top gaming companies from Korea. The first title from Rich Alien is Cascade Kings: it’s a Match-3 puzzle gameplay with base building, saga progression and epic PvP gameplay that involves attacking your friends, stealing coins from others and collecting ultra-rare character cards.
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