New Collaboration Suite to Incorporate Mainstream Gamers into Web3 Games
TORONTO, June 1, 2023 /PRNewswire/ — The Telos Foundation (“Telos”) today announced a strategic collaboration with GameStop Corp. (NYSE: GME) (“GameStop”) that will enable the Telos blockchain to access the distribution of mainstream games through GameStop’s upcoming Web3 game launcher, GameStop Playr.
This collaboration presents a significant opportunity to expand GameFi’s global ecosystem and bring Web3 gaming to mainstream users. The collaboration will allow users to enjoy Web3 gaming supported by Telos, which is a decentralized blockchain with proven scalability, affordability, low carbon footprint, and an impressive track record of continuous uptime.
“We are delighted to enter into this transformative collaboration with GameStop,” said AJ Dinger, Head of Business Development at Telos Foundation. “We believe this collaboration will be a major driver of new users in the Web3 space. By combining GameStop Playr with Web3 gaming using Telos’ high-performance blockchain infrastructure, we can break down many of the barriers that currently deter Web2 gamers from adopt Web3”.
Justin Giudici, CEO of the Telos Foundation, shared Dinger’s enthusiasm. “Telos provides an ideal environment for GameStop’s move into distributing Web3 games,” said Giudici. “We believe that the prerequisites for advancing in this dynamic space require a platform that is fast, secure, sustainable, and scalable.”
As traditional game studios, publishers and distributors explore Web3 technology, the goal of the collaboration is to help bridge the gap between the mainstream gaming community and the Web3 audience.
About Telos Foundation: The Telos Foundation is a decentralized, independent, non-profit organization that oversees the development and governance of the Telos blockchain. In 2021, Telos introduced tEVM, the world’s fastest Ethereum virtual machine to run simultaneously alongside the native Telos network. In an ever-evolving world, Telos is focused on promoting decentralization through strong, reliable, green, and trustless technology, while providing solutions that can lead to greater adoption of blockchain technology globally.
Press inquiries: press@telosfoundation.io
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