The German company CipSoft has announced they are releasing a game that will be running on top of the Litecoin blockchain. This is the first-ever role-playing game that has been built using the Litecoin blockchain. The information was released during the Litening Series event organized by the Litecoin Foundation.
Blockchain-Based Game Released on Top of Litecoin
Blockchain games have been expanding all over the world in recent years. Companies are now able to release their own games using different public blockchain networks and offer better services to users.
The game called LiteBringer would allow users to play using fantasy characters that would have to perform quests and earn rewards in-game. The interesting part of this game is related to the fact users will have their characters and weapons stored on the Litecoin blockchain.
That means that users will be able to exchange weapons and characters using Litecoin’s blockchain. At the same time, every single move that users do in the game will be registered on the blockchain. Every single operation in the game is going to be registered.
The first ever role playing game built upon the #Litecoin blockchain was just announced during our Litening Series event!
We're very happy and excited for @litebringergame for making this possible.
Check it out at https://t.co/4FJSWUXVhd
— Litecoin Foundation (@LTCFoundation) September 15, 2020
According to Ulrich Schlott, one of the founders of the CipSoft company believes that Blockchain technology could be a revolutionary thing for the entire gaming industry. Now, LTC miners will be in charge of controlling the transactions, processing them and making LiteBringer one of the most unique games in the world. This could also have a positive effect on Litecoin price.
The company decided to use the Litecoin blockchain due to the extremely low transaction fees and because it is one of the most secure blockchain networks in the world after Bitcoin (BTC). At the same time, LItecoin developers are working to release to the market the new privacy solution that would help users protect their privacy when they send or receive funds.
This is not the first time Litecoin is involved in a partnership with a gaming company. As we reported in the past, Litecoin and videogame maker Atari signed a partnership to use LTC as an investment tool to acquire the Atari company. At the same time, users are also able to acquire new Atari VCS consoles using Litecoin.
Other blockchain networks have been attracting a large number of blockchain games. Tron and EOS are two of these blockchain networks that support a large number of games. Ethereum (ETH) is also at the forefront of the gaming industry in the blockchain market.