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Kratos Studios – the corporate behind the IndiGG DAO – has introduced a grant program to incentivise web2 gaming studios to undertake blockchain into their video games.
About $6 million (500 million INR) has been allotted by the Kratos Studios Community, aimed toward builders who transition their video games to web3.
Kratos claims it’s already enabled monetazation for 150,000 gamers, a quantity it’s seeking to 100x by the brand new grant program. It hopes to achieve this goal by advancing its recreation developer group and develop past the borders of India, together with LATAM, East Asia, and SE Asia.
With a primary focus to create high web3 video games throughout varied genres, languages and cultural sensitivities, Kratos will then make these video games accessible on its gaming platform.
Co-founder of Kratos Studios and gaming veteran Manish Agarwal acknowledged, “Kratos Studios stands for the gamer group. This initiative will convey prime quality video games and therefore extra players to blockchain gaming. We’re on our option to changing into the biggest community of players on the blockchain, globally.”
Profitability spanning over 2-3 years and a minimal each day lively consumer depend of 500,000 are a number of the program’s standards to be among the many chosen recreation studios. As soon as shortlisted, builders will get the advantage of adopting Kratos’ blockchain tech stack, in addition to get entry to the estimated 1 million consumer base of the onchain international gamer group.
Kratos Video games Community’s associate builders will even provide an financial value-sharing mannequin to their players, which is designed to create consumer retention and elevated monetization for particular person gamers.
Functions are actually open and grants will begin being distributed in March 2024.
You’ll find out extra about this system right here.