Place/Date: Coventry, UK - October 7th, 2017 at 5:24 pm UTC · 4 min read
Contact: Jake Ashby, Source: Triforce
Blockchain gaming solutions start-up TriForce Tokens continues to build momentum, partnering with Coventry University Enterprises Ltd for corporate and business cooperation, while initiating an IP audit with the UK government’s Innovate UK for its technology and brand. For more information on TriForce Tokens’s vision and development objectives, visit the TriForce Tokens website and read the official whitepaper.
Taking the booming online games industry into the blockchain era
More than 2 billion people – almost a third of the entire planet – will be playing games online by the end of 2017, generating revenues in excess of $100 billion*. This number is set to increase by more than 6% annually, as mobile users join a growing legion of console and PC gamers.
TriForce Tokens seeks to shake up the multi-billion dollar online games industry with a decentralized platform that will enhance game development and improve player experiences.
The TriForce Tokens revolution: decentralized gaming for new revenue models
TriForce Tokens’ chief objective will be to address the main issues that prevent independent developers from producing successful titles, acknowledging that they work with smaller budgets, limited resources and tight deadlines. A decentralized platform promises a way to rapidly deploy common features such as tournaments, P2P trading and peer ranking, across games and platforms.
Players on separate games and platforms will not be forced to abandon their digital empires, as TriForce Tokens will look to harmonize all existing digital assets into a single ecosystem of digital wealth. Using a tokenized system, players can trader with others, earn rewards from competitive events. Developers can use the same tokens to compensate users for tasks and charge custom fees for P2P transactions.
Blockchain transparency is a feature of TriForce Tokens, encouraging communities that foster happiness, safety and ethical conduct. Helpful players who contribute to collaboration are recognized by a unique and transparent honor system, rooting out fraud and negative elements such as “toxic communities” harmful to player retention.
To mitigate player attrition, developers can benefit from TriForce Tokens’ big data algorithms and behavioural analysis, learning deep player insights that will greatly assist in creating novel gaming experiences.
TriForce Tokens features another blockchain innovation in its authentication network, that hopes to assist developers in copyright and piracy protection. It will also provide alternative methods for developers to still extract some revenue from already pirated content.
Strengthening its position through strategic partnerships
TriForce Tokens recognizes that a multi-faceted approach must be taken to position themselves as a serious leader in online gaming, with sound business, compliance and corporate structures as vital as technology development.
TriForce Tokens now has the pleasure to announce that it has initiated an IP audit process with the UK government’s innovation agency, Innovate UK. The audit will assess TriForce Tokens’ technology and brand, helping to provide a stronger business focus to ensure they deliver maximum value. Innovate UK will work with TriForce Tokens to connect them with relevant partners through its innovation networks.
TriForce Tokens will also receive business support from Coventry University Enterprises Limited. Coventry University Enterprises Ltd’s award-winning Technology Park is a prestigious location that hosts some of the region’s most innovative businesses and is home to the Serious Games Institute.
It already benefits from the synergy of membership with two of the industry’s foremost advocates: TIGA, a games and publisher network, and trade association with proven political clout in the UK, and Swiss-based Crypto Valley Association, a collective of the world’s leading blockchain and cryptographic tech initiatives.
TriForce Tokens and Crowdsale
TriForce Tokens (TFT) will be the currency powering payments and rewards on the decentralized gaming ecosystem. They will also be available to trade on external platforms, driving significant appreciation of value as the project grows in strength.
TriForce Tokens Steam‐like blockchain-based gaming platform is now available for testing. The Early Alpha can be accessed here for players andhere for developers.
As part of a fundraising exercise to support development of its platform, TriForce Tokens will conduct a public crowdsale of tokens via an Initial Coin Offering (ICO).
A pre-ICO will open on October 14, 2017 (1.30pm GMT) for 48 hours only. Participants in the pre-ICO are able to buy tokens with a 60% discount on top of the standard rate of 1 TFT at $0.20. In addition, 50 random pre-ICO participants will be chosen to receive a free Ledger Nano S hardware wallet.
Following this, TriForce Tokens will launch its main ICO event from November 12, 2017 to November 25 (1.30pm GMT), 2017.
TriForce Tokens also has ambitions to become the first fully-compliant UK ICO, and is working on ISO27001 certification and General Data Protection Regulations (GDPR) compliance.
Disclaimer: TriForce Tokens is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.