Capitalising on the multi-billion P2E industry
Singapore, 9 June, 2022 – Leading global derivatives exchange – Bitget, is pleased to announce the IEO of Revoland, the first blockchain-based multiplayer online battle arena (MOBA) game on Huawei Cloud, on its global platform spanning 50 countries and more than two million users. Subscriptions for Revoland will be open from June 13, 2022, 11:00 (UTC) to June 18, 2022, 11:00 (UTC) and its native token REVO will be available to trade on June 20, 2022 at 15:00 (UTC).
Play-to-earn (P2E) games have experienced a burgeoning growth recently, especially during the pandemic when it presented itself as an opportunity for many to turn to as a source of income. As reported by Nasdaq, the P2E gaming industry was worth over $90 billion in 2020 and is expected to reach $256.97 billion by 2025. It is a phenomenon that reinvented the video game industry with the added support from blockchain and decentralised systems. The idea of being able to leverage a traditional hobby like online gaming to the possibility of earning an income from that, is just another example of how crypto and blockchain have enhanced existing establishments in the physical world and continue to improve the lives of its users.
Based on the Binance and Abey smart chains, Revoland is a P2E game developed by Chain X Game (CXG), a London-based metaverse game development company focused on bringing forward the next generation of blockchain games. Revoland’s gameplay is designed to revolve around the combination of your personal skills and teamwork, and has already attracted over $10 million in investment. By integrating the concept of highly popular traditional mobile games into crypto, it adds a variety to gameplay with the added benefit of allowing participants to reap financial benefits at the same time.
Commenting on the partnership, Managing Director of Bitget, Gracy Chen said, “We look forward to listing Revoland on Bitget, as we work together to…
