Enterprise Gaming Canada Inc., (EGI) has partnered with Bermuda Island Games (BIG) to explore blockchain-based in-game digital assets. 

The partnership will see Bermuda’s first pure-play video game publisher harness EGI’s proprietary in-game blockchain technology, as EGI expands its reach into the gaming market, which will be valued at over $159B in 2020, according to Newzoo. 

Discussing the partnership CEO of EGI, Pascal Leblanc, said:

“Blockchain has been a boon to many industries that lacked accountability and transparency. Its unique capacity to bring authenticity to digital objects has been proven through projects such as Bitcoin, Ethereum and Cryptokitties.

“Blockchain solves some of the major problems in the gaming industry today when it comes to the idea of digital in-game valuables and exchange. We’re committed to helping our adoption partners, such as BIG, grow as standalone studios while becoming front runners in this upcoming era of gaming.”

While CEO of BIG, Adrian Lodge, added:

“Our EGI partnership is perfectly timed, as they give us the capability to explore adding digital collectables and the facility for exchange among our gamers to our upcoming games through their technology. Our long-term goal is to continue to expand the video game development industry in Bermuda, and we see the exploration of this technology as core to achieving that goal.”

AYO.NEWS says:

The potential of non-fungible token (NFT) based trading and collecting in the video gaming metaverse is truly staggering. From basic, relatively inaccessible games just a few years ago, blockchain-based gaming has now advanced to the point where players can now enjoy the benefits of true ownership of in-game assets, without the need for extensive blockchain knowledge. 

Though publishers like Hong Kong-based Animoca Brands and UK-based Reality Gaming Group are leading the way, could we be about to see tiny little Bermuda emerge as a new blockchain gaming hub? It’s a tall order, but hey, everything has to start with something. 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 

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