Quick take:
- Harmony has teamed up with Game Space to bring web3 gaming to the masses.
- The two companies will leverage Harmony’s proof-of-stake blockchain to onboard web3 games to web3.
- Game Space’s GameFi-as-a-service [GaaS] platform reduces the time and cost of on-chain game development.
Harmony has collaborated with Game Space to create a gaming ecosystem that will onboard web2 games to web3. The partnership targets existing web2 game developers that want to leverage the advantages of web3 gaming without making a full transition to the blockchain.
Game Space is a GameFi-as-a-Service (GaaS) platform that offers an embedded software development kit (SDK), allowing web2 game makers to integrate an NFT marketplace and a crypto wallet direct into their games.
On the other hand, Harmony offers a proof-of-stake blockchain network that enables games and NFT marketplaces to process transactions fast and at negligible fees. The platform uses sharding to provide an infinite scaling solution to developer apps.
Sharding processes blockchain data by distributing it across multiple machines, thus maintaining security and decentralisation.
Commenting on the partnership, Harmony Founder Stephen Tse said his company has built the perfect blockchain infrastructure for GameFi builders.
“We are excited to partner with Game Space to support the next generation of games and to help scale mass adoption of Web3 via sharding technology. Our shard 1 will be the new home for Web3 game builders,” he added.
On the other hand, Cameron CEO of Game Space expressed his excitement to work with Harmony adding: “Our SDK can help Web2 gaming companies to deploy their games on Web3 in a matter of days. We provide an embedded NFT marketplace, wallet integration, and one-click multi-chain deployment solutions with full support for iOS, Android and web.”
The companies have adopted the business class Secure Multi-Party Computation (SMPC) technology for the generation and storage of private keys, enabling users to access private keys whilst they remain invisible.
The companies’ integrated ecosystem provides a fully supported token wallet, allowing Web3 gamers to withdraw, deposit and swap token assets.
Harmony and Game Space will run a joint campaign for promoting GameFi and NFT-related projects as they look to boost Web3 adoption across the globe.
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