Voodoo blockchain games are announced. Voodoo games mentions its Plans for Blockchain-based games.
French hyper-casual game company Voodoo announces that it plans to make massive investments in blockchain-based mobile games. French game developer plans an investment of $200 million in the niche in upcoming years.
Voodoo is another promising name that is making the transition in blockchain-based games after Axie Infinity’s superb stride in the P2E niche.
Earlier Mythical Games also had several successful funding rounds where it raised huge capital to invest in crypto games. Similarly, Sorare raised a $680 million Series B round, and NBA Top Shots developer Dapper Labs raised $250 million in the NFT gaming space.
Voodoo Blockchain Games
Voodoo has a massive fan base and popularity when it comes to hyper-casual mobile games. It has more than 5 billion downloads and 300 million monthly active users. Some of its popular games are Paper.io 2, Crowd City, Helix Jump, and Hole.io. Now the mobile game maestro plans to explore the crypto games niche.
Its 10 studios are already working on blockchain-based games and it plans to increase the studios by opening 20 more studios with a sole focus on crypto games.
Voodoo CEO Alex Yazdi said, “There are few occasions in life when we experience a technological breakthrough that transforms industries. Blockchain will especially disrupt gaming, as players are already used to buying digital assets.
This technology will give players true ownership of their digital assets, creating deeper interactions between players — collecting, trading, selling in-game digital currencies and game assets — which will increase fun and engagement.
This will also enable players to make a profit from their assets, opening up a new “play-and-earn” model.”
Voodoo also plans to use a reusable blockchain stack for token management, NFTs creation, wallet addresses and integrate them with layer 1 blockchains and layer 2 solutions to reduce transaction costs.
Users can expect Voodoo NFTs in the coming days in Voodoo games with the ability to trade them in the open market.
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