Joint Venture To Give Birth To Decentralized Video Game Environment

The partnership begins with the launch of a fully-functional cryptocurrency exchange platform.

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Huobi Cloud announced a recent joint venture with blockchain-based games company BlockGames to create BG.Top, which, according to a press release on September 17, will aim to create a decentralized gaming ecosystem.

Boundless Video Gaming Ecosystem

houbiThe ecosystem is meant to be a boundary-less platform wherein game developers, investors and even casual gamers can converge “to buy, sell, fund, develop, and launch video games through the use of blockchain technology,” the press release read.

The goal is still to be realized, however. For now, the venture is a fully fledged cryptocurrency exchange platform.

Huobi wrote in the release:

“With the present venture being set up in just a matter of months, this is [a] testament to the simplicity and straightforwardness of collaboration on the Huobi Cloud, making it the ideal partner for organizations seeking to enter the crypto-exchange space.”

As to the date when the video gaming ecosystem will go live, the world will have to wait, since the partnership did not mention a specific timeline.

Developing The Industry Further

Huobi Cloud is a platform created by Huobi Group, which was released only in July this year as a platform where its partners would be able to build their own cryptocurrency exchanges, with four different enterprise-grade solutions.

The Cloud makes use of Huobi Global’s wider ecosystem and infrastructure, with the chief goal to “develop the industry further to achieve mutual benefits for all [of its] stakeholders,” said Huobi Group Chairman Leon Li.

Specifically, the Cloud has developed solutions which focus on four aspects, namely: Exchanges, OTC, Operations, and Ecosystem.

Roughly two months after its launching, Huobi Cloud has already partnered with four fintech and finance firms, namely Chi Fu Group, Vnesheconombank (VEB), Dbank Group, and Yatai International Holding Group—a clear proof that Huobi is stopping at nothing accomplish its lofty goals.

Prior to its launch, Huobi also announced the creation of its public blockchain, named Huobi Chain Project (HCP), in June.

Interested in other blockchain developments and crypto news? Head over here to our cryptocurrency website to know more about how the technology is revolutionizing the world as we know it.

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Joint Venture To Give Birth To Decentralized Video Game Environment
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Joint Venture To Give Birth To Decentralized Video Game Environment
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Huobi Cloud announced a recent joint venture with blockchain-based games company BlockGames to create BG.Top that will aim to create a decentralized gaming ecosystem.
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Ibinex News
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