Digital Entertainment Asset Pte. Ltd. (DEA), which develops the GameFi platform business globally based in Singapore, has entered into a partnership with Astar Network, a public blockchain originating in Japan, and GameFi content on Astar Network. We announced that we have started collaboration with the aim of expanding our business.
Astar Network is Japan’s first public blockchain, and after winning a slot at Polkadot’s parachain auction, Total Value Locked (TVL) topped 1 billion dollars (about 120 billion yen) (end of March 2022). , Is attracting attention in the world.
On the other hand, DEA’s GameFi platform “PlayMining” started service on May 26, 2020, and as of April 2022, it has more than 2.3 million users in 100 countries around the world. DEAPcoin is the first Play to Earn token to be distributed in Japan, and Play Mining is also the world’s first Play to Earn token economy, leading the world in the GameFi domain.
PlayMining will promote multi-chain deployment so that users of multiple chains can play seamlessly without being bound by a specific blockchain. This partnership is the beginning of the multi-chaining.
As a future development, DEA will continue to cooperate so that Play to Earn can be enjoyed using NFT of Play Mining on Astar Network. Specifically, we will bridge DEAPcoin to the Astar Network, expand distribution volume, and gradually launch the NFT marketplace that can be used on the Astar Network and the GameFi content that can be played using that NFT.
■ About Astar Network
Astar Network is a public blockchain (smart contract protocol) originating in Japan that connects to Polkadot. Supports EVM and WASM. Equipped with a scaling solution, one of the features is that the Gas fee (fee) is cheaper than Ethereum, Polygon, Avalanche, etc. (as of March 22, 2022). In addition, there is a reward design for developers called dAppStaking, which allows developers to continue development sustainably. Recently, we have raised a total of about 2.5 billion yen from several well-known investors including Polychain, Coinbase, Alameda, Gavin Wood, etc., and in the past we have also raised from Binance, OKX, Huobi, etc. Polkadot, the foundation of the Astar Network, is reported by Bloomberg to have the lowest total power consumption and annual total carbon emissions of any PoS blockchain, and the Astar Network is also an environmentally friendly chain. is.
Product URL: https://astar.network/
Twitter account: https://twitter.com/AstarNetwork
■ About DEA
Digital Entertainment Asset Pte. Ltd. | https://dea.sg/jp/
DEA, which handles the GameFi platform business, is a company established in Singapore in August 2018. We are developing the NFT card battle game “JobTribes” and the NFT marketplace “PlayMining NFT”. Utilizing blockchain technology, we aim to realize a world where “enjoyment turns into value”.
Representative: Naoto Yoshida Kozo Yamada
Location: 7 Straits View, Marina One East Tower, # 05-01, Singapore 018936
Established: August 2018
Business description: GameFi platform business
PlayMining NFT | https://daa.playmining.com/
PlayMining Economic Zone Original NFT Marketplace. The feature is that the profit distribution to creators can be completely guaranteed without omission not only in sales at the store but also in transactions between users. In the developing world of NFTs, surrounded by enthusiasm and turmoil, our mission is to protect creators and maximize their creative potential.
DEAPcoin (DEP) | https://coinmarketcap.com/currencies/deapcoin/
A unique utility token issued by DEA. It is distributed in the economic zone “PlayMining” where games and NFT transactions are linked.