Kratos Studios – the corporate behind the IndiGG DAO – has introduced a grant program to incentivise web2 gaming studios to undertake blockchain into their video games.
About $6 million (500 million INR) has been allotted by the Kratos Studios Community, geared toward builders who transition their video games to web3.
Kratos claims it’s already enabled monetazation for 150,000 gamers, a quantity it’s trying to 100x by means of the brand new grant program. It hopes to succeed in this goal by advancing its sport developer neighborhood and increase past the borders of India, together with LATAM, East Asia, and SE Asia.
With a primary focus to create prime web3 video games throughout varied genres, languages and cultural sensitivities, Kratos will then make these video games accessible on its gaming platform.
Co-founder of Kratos Studios and gaming veteran Manish Agarwal acknowledged, “Kratos Studios stands for the gamer community. This initiative will bring high quality games and hence more gamers to blockchain gaming. We are on our way to becoming the largest network of gamers on the blockchain, globally.”
Profitability spanning over 2-3 years and a minimal each day lively consumer rely of 500,000 are a few of the program’s standards to be among the many chosen sport studios. As soon as shortlisted, builders will get the good thing about adopting Kratos’ blockchain tech stack, in addition to get entry to the estimated 1 million consumer base of the onchain world gamer neighborhood.
Kratos Video games Community’s companion builders may even supply an financial value-sharing mannequin to their players, which is designed to create consumer retention and elevated monetization for particular person gamers.
Purposes are actually open and grants will begin being distributed in March 2024.
You will discover out extra about this system right here.