New Collaboration Set to Onboard Mainstream
Gamers into Web3 Games
TORONTO, June 1, 2023
/CNW/ - The Telos Foundation ("Telos") today announced a strategic
collaboration with GameStop Corp. (NYSE: GME) ("GameStop") that
will allow the Telos blockchain to access mainstream gaming
distribution via GameStop's upcoming Web3 game launcher, GameStop
Playr.
This collaboration signifies a meaningful opportunity to expand
the global GameFi ecosystem and bring Web3 gaming to mainstream
users. The collaboration will enable users to enjoy Web3 games
supported by Telos, which is a decentralized blockchain with proven
scalability, affordability, low carbon footprint, and impressive
lifetime track record of continuous uptime.
"We are thrilled to enter into this transformative collaboration
with GameStop," said AJ Dinger, Head of Business Development at the
Telos Foundation. "We believe this collaboration will be a
meaningful driver of new users into the Web3 space. By combining
GameStop Playr with Web3 games utilizing Telos' high performance
blockchain infrastructure, we can break down many of the barriers
currently deterring Web2 players from embracing Web3."
Justin Giudici, CEO of the Telos
Foundation, shared Mr. Dinger's excitement. "Telos offers an ideal
environment for GameStop's push into Web3 game distribution," said
Giudici. "We believe the prerequisites for advancing this dynamic
space require a platform that's fast, secure, sustainable and
scalable."
As traditional gaming studios, publishers and distributors
explore Web3 technology, the collaboration's objective is to help
bridge the gap between the conventional gaming community and the
Web3 audience.
About Telos Foundation: The Telos Foundation is a
decentralized, independent, not-for-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 concurrently alongside
the native Telos Network. In an ever-evolving world, Telos is
focused on advancing decentralization through sound, reliable,
eco-conscious and trustless technology while providing solutions
that can lead to greater adoption of blockchain technology
globally.
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SOURCE Telos Foundation