Setting Sail For Blockchain Gaming With "Iron Sail"

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Slowly but surely, blockchain is finding its way into the world of gaming. Every other week, a new blockchain-based game or feature is announced that shows that it is truly here to stay in the gaming sector with only more progress to be made. This union of blockchain and gaming is an understandable one as there is often an overlap between blockchain lovers and gamers and many blockchain features, such as NFTs, work well with a gaming landscape. 

However, for blockchain to truly take its place in the gaming world, a collective and deliberate effort needs to be taken to discover, launch, and support these games. This, thankfully, is on its way to being addressed through a new initiative called Iron Sail, which was announced recently. 

Setting Sail

As per the official announcement, Iron Sail is “ A collective effort to contribute to the development of the blockchain gaming space.” As such, Iron Sail will work to bring together players in the blockchain space to discover and support in the gaming sauce. This will be done through collaboration and financial support of these games. 

Thus far, Iron Sail has discovered 7 treasures - 7 promising blockchain games with over $25 million raised from top-tier investors and partners including Kardia Ventures, Morningstar Ventures, Eternity Ventures, Bitscale, Formless Capital, Youbi, Axia 8 Ventures, Polkastarter, Good Guild Game, Mask Network. 

Iron Sail aims to make blockchain game development more accessible and sustainable. Accessibility, in this case, means helping game developers to employ blockchain technology, and providing investors with amazing opportunities. Sustainability means supporting developers committed to a long-term plan, and building a “game before gain” community as gamers and content creators are the core. 

Iron Sail is working toward the open metaverse - an interconnected future, where everyone and everything is linked together and the online-offline experience is converged. The team wants to apply a global standard to all of its games, making them open to all players from other games. For instance, the items and characters can be played across different games, instead of being allowed in just one individual game.

Based in Asia, Iron Sail’s incubator - KardiaChain, has already gotten some of the top gaming studios in the region to support Iron Sail. These include Topebox, Wolffun, IMBA, Hiker Games, and Divmob. With these big names backing Iron Sail, the project is poised to be a huge success.

Its first game, Mytheria has already been tipped to be a success in the market. It is the first play-to-earn and create-to-earn game for the crypto industry and allows players to ‘farm’ items which can, in turn, be turned into blockchain collectibles. The game will also feature hundreds of gods from different pantheons that players can interact with the game as. 

Unlike a lot of existing blockchain games, Mytheria is designed to be completely free to play and with many opportunities to earn. 

More announcements are expected from the Iron Sail team moving forward. These will be mostly regarding its investor recruitment efforts and new projects.

Why Iron Sail is Needed

The gaming industry presents a unique opportunity for the blockchain industry to see even more use and also to further endear itself to the public. Most gamers are already familiar with making use of digital assets and as such, the introduction of blockchain and things like NFTs will not be much of a leap for them.

To achieve this adoption in the gaming industry, there needs to be a community effort to invest in blockchain gaming projects instead of one-off interests from individuals. This is why Iron Sail’s efforts are so important because it brings together interested parties who collectively support these games.

Image Sourced from Monccur PR

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.