Categories: Ethereum

Coinbase-Backed Blockchain Game Launches on Ethereum Network

Click here to view original web page at

Blockchain and tokenization have enabled video games to offer users more value and rights to their in-game digital assets. On July 9, 2018, startup Fuel Games, launched the world’s first blockchain-based eSports game on the Ethereum Network.

A New Age of In-Game Economies

Based in Australia, Fuel Games raised $2.4 million in seed round funding from Nirvana Capital, Sora Ventures and Coinbase. Launched on July 9, Gods Unchained marks the company’s debut into blockchain-based eSports gaming.

Gods Unchained is a multiplayer CCG developed by Fuel Games.

Gods Unchained is an online multiplayer card game that uses similar game mechanics as popular CCG’s, such as “Hearthstone” and “The Elder Scrolls: Legends.”

Gods Unchained will offer access to a decentralized digital economy that gives users full ownership over their in-game products and allows them to trade items on secondary markets.

In the official press release, Fuel Games CEO James Ferguson said:

“Gamers spend tens of billions of dollars and countless hours each year acquiring in-game items. But game studios barely offer their users a licensing agreement for these items, let alone actual ownership – they’re a central bank with no oversight.”

By giving users control over the in-game economy, Fuel Games hopes to return value back to players and reward them for their effort and participation.

The company’s first blockchain-based game, Etherbots sold over $1 million of in-game products in the first few weeks following their launch, with some items won in-game trading for up to $18,000.

Given their initial success, Fuel Games saw the potential for decentralized gaming economies to empower users through ownership and freedom of trade. COO at Fuel Games, Robbie Ferguson said:

“Offering players true ownership of in-game items, and the ability to trade those items freely on secondary markets means gamers can finally be rewarded for their efforts and spending. As the games industry switches to asset-driven revenue models, players have a more urgent need than ever for guarantees about the value and tradability of those assets.”

Fuel Games – Spurring Blockchain Adoption

Built on a community of tech enthusiasts, the video game industry a fitting target for decentralized applications to popularize blockchain. With the increasingly popular asset-driven revenue model used in games, blockchain will likely become a fundamental element to future games’ digital economies.

COO Robbie Ferguson said in the press release:

“Decentralised games will allow people to familiarise themselves with blockchain technology in a fun and user-friendly environment. I won’t be surprised if gaming ends up being blockchain’s first killer application outside the financial space. Gamers have always been early-adopters, and this time will be no different.”

Fuel Games is building a blockchain infrastructure platform called Apollo, which will allow game developers to integrate with blockchain at scale. Through their new developer platform and blockchain games, Fuel Games could become a catalyst in early blockchain adoption.

Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Please take that into consideration when evaluating the content within this article.

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Is Boris Gone Landslide and How Would Bitcoin, Markets, React?

The sun has returned on London streets as Boris Johnson, the unelected British Prime Minister, once again covers our TV… Read More

3 hours ago

California Man Admits Masterminding $25 Million Bitcoin Launder Fest

A Los Angeles man has plead guilty to a multi-million money laundering scheme. | Source: Shutterstock By CCN Markets :… Read More

3 hours ago

WORLD NEWS: This Week in Blockchain and Crypto

This week has seen interesting developments around the globe on crypto projects and governments interest in the digital assets space.The… Read More

3 hours ago

Bitcoin Circuit: Is it a scam? Read our comprehensive review!

If you are looking for ways to speculate on cryptocurrencies, then I am sure you have thought about signing up… Read More

3 hours ago

Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May

In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed “halving”. Despite this rapidly… Read More

3 hours ago

Early Bitcoin Contributor Projected $10 Million BTC Price 10 Years Ago

Share Tweet Send Share Just a week after the bitcoin genesis block in January 2009, computer scientist Hal Finney published… Read More

3 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More