Features TheBitTimes.com

Crowdfunding has been a popular option for game developers looking to launch projects — but as the market gets saturated, tokenization is becoming a compelling alternative. Tokenization platform Brickken is holding a competition for indie developers — allowing them to raise capital, attract a new audience of engaged player s and accelerate their projects. For years, crowdfunding has been the go-to for game builders looking to make a splash and secure investment for their big idea, and it continues to enjoy significant demand within the game industry. Statistics from Kickstarter reveal that gaming is still the most popular category for crowdfunding campaigns. A total of 80,163 projects have launched after securing $2.27 billion in investment. But gaining traction and achieving milestones has gotten more complicated as the market reaches saturation — with even the most promising titles struggling to stand head and shoulders above the competition. This is where tokenization comes into p...

Several collapses in the past year have highlighted centralization problems, while fragmentation remains another hurdle in this nascent sector. True decentralization is something that many crypto projects strive for, but the result is often too complicated for everyday users to rely on. So, what’s the solution? The high-profile failures of big industry players — namely the cryptocurrency exchange FTX — exposed just how centralized the crypto space has become. Former FTX CEO Sam Bankman-Fried now faces a flurry of criminal charges amid allegations that his decision-making directly affected the exchange’s collapse. Challenges of true decentralization While true decentralization has been touted as crucial for unlocking this nascent market’s potential, some protocols that meet this requirement are simply too complicated to use. Poor interfaces and convoluted mechanisms mean customers are at a higher risk of making costly mistakes or even losing their funds altogether. It’s little wonder t...