Business News Report
November 15, 2023

GensoKishi and Astar Network Unite to Expand Web3 Gaming Adoption Initiatives

In Brief

Astar Network has entered into a Memorandum of Understanding (MOU) with Metap Inc., creators of GameFi project GensoKishi.

GensoKishi and Astar Network Unite to Expand Web3 Gaming Adoption Initiatives

Astar Network recently signed a Memorandum of Understanding (MOU) with Metap Inc., the creators of the popular online game GensoKishi.

This partnership will focus on expanding the web3 gaming space and increasing its adoption in Japan and beyond. The MOU represents a commitment from both parties to leverage their resources and expertise to foster growth in the web3 gaming domain.

GensoKishi from Web2 to Web3

Originally a web2 game, GensoKishi is a Metaverse and GameFi project that has successfully transitioned to the web3 framework, integrating NFT collectibles, immersive metaverse environments and play-to-earn features.

This evolution has reportedly enhanced the game’s appeal, offering various modes to cater to a diverse range of gaming interests. With over 8 million users, GensoKishi’s migration to web3 showcases the potential for traditional games to adapt and thrive in the new digital landscape.

Strategic Plans Under the MOU

The MOU emphasizes the shared goals of Astar Network and GensoKishi to deploy GensoKishi on Astar zkEVM. This move is aimed at invigorating interest in web3 gaming.

The collaboration includes hosting events, crafting marketing campaigns, and creating in-game assets. Additionally, it involves integrating and launching GensoKishi on Astar’s Ethereum L2 platform.

These initiatives aim to enhance the gaming experience and attract a broader audience to the evolving world of web3 gaming.

The partnership between Astar Network and GensoKishi highlights the growing trend of traditional games embracing blockchain technology to offer more interactive and rewarding experiences to their users. This trend could potentially set a precedent for future developments in the gaming industry.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

More articles
Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

Hot Stories
Join Our Newsletter.
Latest News

Institutional Appetite Grows Toward Bitcoin ETFs Amid Volatility

Disclosures through 13F filings reveal notable institutional investors dabbling in Bitcoin ETFs, underscoring a growing acceptance of ...

Know More

Sentencing Day Arrives: CZ’s Fate Hangs in Balance as US Court Considers DOJ’s Plea

Changpeng Zhao is poised to face sentencing in a U.S. court in Seattle today.

Know More
Join Our Innovative Tech Community
Read More
Read more
Injective Joins Forces With AltLayer To Bring Restaking Security To inEVM
Business News Report Technology
Injective Joins Forces With AltLayer To Bring Restaking Security To inEVM
May 3, 2024
Masa Teams Up With Teller To Introduce MASA Lending Pool, Enables USDC Borrowing On Base
Markets News Report Technology
Masa Teams Up With Teller To Introduce MASA Lending Pool, Enables USDC Borrowing On Base
May 3, 2024
Velodrome Launches Superchain Beta Version In Coming Weeks And Expands Across OP Stack Layer 2 Blockchains
Markets News Report Technology
Velodrome Launches Superchain Beta Version In Coming Weeks And Expands Across OP Stack Layer 2 Blockchains
May 3, 2024
CARV Announces Partnership With Aethir To Decentralize Its Data Layer And Distribute Rewards
Business News Report Technology
CARV Announces Partnership With Aethir To Decentralize Its Data Layer And Distribute Rewards
May 3, 2024