MegaFans, a southern California-based mobile games company, announced it has distributed the world’s first NFTs (non-fungible tokens) as prizes to gamers from a mobile esports platform. MegaFans announced in October that they would offer NFTs and cryptocurrencies as prizes in their mobile eSports games.

NFT Award for MegaFans Mobile eSports Games

The company began testing offers with Bitcoin in September to gauge the market response, which was strong.

MegaFans has also tested distribution options for a sustainable and scalable model and is currently using Open Sea, the largest NFT marketplace for peer-to-peer transactions, as well as Polygon, a multi-blockchain system that solves high gas costs. in a secure environment. The model proved its worth this week when the company released the first NFTs in its mobile eSport environment. MegaFans is currently offering integration offers with other Metaverse platforms and will be making more announcements soon.

“The blockchain fits perfectly into our system, because cryptocurrency acts the same as a token in an arcade. Crypto is also a flat global currency, eliminating any losses incurred through an exchange of traditional currency. NFTs are the perfect prize for our gaming community as they can represent collectible and branded artwork in games, or even audio tracks from recording artists. Players can win, buy , collect and redeem NFTs or reuse them as prizes in their own tournament hosted by MegaFans where NFT holders can also earn entry fees. The options are virtually endless, ”said Colin Bracey, CTO of MegaFans.

Megafans offers free play and play to win options ranging from quick play contests to monthly tournaments with bigger prize pools of up to $ 5,000 (USD). Pools grow as community participation increases and players earn virtual tokens which can be redeemed for other cryptocurrencies, NFTs, gift cards, or cash. MegaFans also uses a leaderboard format that offers multiple tournaments simultaneously, to an infinite number of players around the world, regardless of skill level or geolocation.

“Being the first to market in the blockchain space is both exciting and humbling! We are combining mobile eSports games with digital currencies in a way that has yet to be done. of the metaverse and we (MegaFans) are pioneering technology that opens up emerging and untapped markets, ”said Jeff Donnelley, Founder and CEO of MegaFans.

MegaFans recently joined the Launchpool Labs incubator program where they receive strategic and technical support to help grow their growing community of gamers and collectors. The Launchpool Labs incubator is an intensive 90-day development program focused on building communities and creating value around blockchain startups.

“ESports metaverse games are new to the P2E (play-to-earn) environment, in a booming market in terms of games, NFT and crypto. The majority of projects are exploiting the web browser or the PC The team has a proven track record in fantastic mobile esports games, and we’re excited to help them enter the gamefi space, ”said Roxana Nasoi, Launchpool Labs MARYLAND.

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