STOCKHOLM, SWEDEN / ACCESSWIRE / May 6, 2021 /Vorto Gaming AB, the developers of Vorto Network, the hub for blockchain-enabled play-to-earn games, has received a grant of 25,000 NEAR tokens plus an additional $10,000 USD from the NEAR Foundation to develop its blockchain gaming application on NEAR Protocol.

The grant marks the beginning of the partnership between the two projects, with Vorto Gaming set to deploy its Vorto Network Minimum Viable Product (MVP) on NEAR Protocol, benefitting from its extremely high scalability and sharding.

Vorto Network is a dedicated ecosystem and marketplace built for gamers that allows them to unlock the value they generate while playing. The play-to-earn model allows gamers to power a true economy of game items and services, letting them reap rewards from the hours that they put into video games. Normally, players generating unique items would remain locked in traditional gaming ecosystems, but using blockchain enables them to be easily resold between collectors.

Like many other gaming platforms, Vorto Network gathers gamers together under a single community and ecosystem. The integrated marketplace allows them to purchase and sell gaming assets from any number of games in the Vorto ecosystem, represented by blockchain-based nonfungible tokens (NFT). The tokenized platform ensures the universality of the items, which could potentially be ported to any other marketplace or blockchain.

“It’s undeniable that blockchain gaming, despite its promise and excitement, has seen slow adoption in recent years,” said Kristaps Vaivods, CEO of Vorto Gaming. “We think there are two main reasons for that: bad UI and UX, and an unscalable blockchain infrastructure. We solve for the former, while NEAR for the latter.”

Vorto Network’s focus is on being as user-friendly as possible to users who may not be cryptocurrency enthusiasts. On Vorto, gamers do not need to connect their wallet and pay a fee just to play a video game. However, even the most user-friendly interface will not fix the excessive fees that are plaguing games deployed on Ethereum or other platforms.

“NEAR Protocol is made for developers just like Vorto Gaming,” said Erik Trautman, CEO at NEAR Foundation. “NEAR provides abstractions to hide as many of the underlying scalability solutions as possible, offering a high-performance sharded blockchain that preserves the build-test-deploy simplicity of a traditional development platform.”

Using the high performance and interoperability of NEAR’s Rainbow Bridge, Vorto Network aims to become the blockchain gaming hub. Vorto Gaming is also developing its flagship game, Hash Rush, to showcase the power of its technology.

About Vorto Gaming

Vorto Gaming AB is the leading developer of advanced blockchain gaming solutions. Born from the fusion of VZ Games and PD Gaming Group AB, the Swedish company is popularizing the play-to-earn model enabled by blockchain innovation. Vorto is backed by Consensys, Yang Bing Kok (Coinmarketcap.com/Binance) and notable angel investors in the video game industry.

Contact

Dan Edelstein
PR@marketacross.com

SOURCE: Vorto Gaming

View source version on accesswire.com:
https://www.accesswire.com/645103/NEAR-Foundation-Grants-Vorto-Gaming-Six-Figure-Sum-to-Develop-Blockchain-Gaming-Platform

(Excerpt) Read more Here | 2021-05-06 06:00:00
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