Seascape Network, the up and coming DeFi gaming platform, has obtained Binance, the world’s largest crypto exchange, as its latest investor. This investment is part of Binance’s $100 million fund, which supports projects that connect both DeFi and CeFi apps on the Binance Smart Chain (BSC).
Finer Details Of The Partnership
The BSC uses a dual-chain architecture to empower its users to conduct hyper-fast trades while allowing powerful dApps to make use of its overall flexibility. Seascape will help boost the lucrative gaming ecosystem on BSC by building games on top of it by developing a developer-friendly SDK and standardizing the different moving parts involved with releasing a game. This will decrease the barriers-to-entry by a considerable amount. Seascape will also offer developers an easy way to publish their games without paying the enormous fees associated with traditional gaming platforms.
David Johansson, the CEO and creative director of Seascape, said about the partnership:
“Binance has become a clear industry leader when it comes to blockchain innovation since its launch in 2017. The Binance Smart Chain offers scalability in our games that is unmatched, while also allowing us to remain connected to the value and liquidity of Ethereum, which in turn will empower the users to decide where and how they want to buy or sell their gamified DeFi assets! This partnership will allow us to create a superior user experience that serves our goal of creating the ultimate game platform designed around the DeFit and NFT Economies. We couldn’t be more excited about this!”
The Three Minigames Available On Launch
Seascape Network, powered by its universal token Crowns(CWS), is set to launch soon. The will offer the following three DeFi minigames upon launch:
- Profit Circus: This game is designed around liquidity mining. The users can add liquidity to the Crowns pool by staking CWS-ETH pair on Uniswap. They use their LP tokens in the game to acquire freshly minted Crows at rates that get dynamically adjusted in proportion to the amount of LP tokens staked.
- NFT Brawl: In this game, the players can use Crowns to randomly select NFTs whose rarity is in proportion to the number of Crowns staked. These NFTs can be collected, traded on OpenSea, or used in Staking Saloon – the third minigame.
- Staking Saloon: In this game, players can stake their NFTs to claim Crown tokens, which they can use to further their economic power within the Seascape Network. These tokens can also be used to gain more NFTs in NFT Brawl or traded on OpenSea.
While Seascape will launch these three games on Ethereum, they will eventually be integrated into the Binance Smart Chain.
More On The Binance Smart Chain
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with one of the space’s most extensive portfolios. The Binance Smart Chain is a smart contract blockchain that runs in parallel with Binance Chain. The BSC has been specifically built to support compatible dApps.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Author: Rajarshi Mitra