Telos and GameStop, power to the web3 gamers Loading...
GAMES - WEB3 June 2023

Telos and GameStop, a revolutionary partnership elevating Web3 gaming

The future of online gaming is about to change forever! The Telos Foundation has surprised the world by announcing a strategic partnership with GameStop Corp. This unprecedented partnership will open the doors of conventional game distribution to the exciting era of Web3 Gaming through the GameStop Playr game launcher.

The news has unleashed a wave of excitement among gaming fans and tech enthusiasts. Telos, a world-renowned decentralized blockchain, is teaming up with gaming powerhouse GameStop to bring Web3 gaming to a wider audience. This partnership will not only expand GameFi's global ecosystem, but also provide users with a unique and exciting gaming experience.

The collaboration will allow users to immerse themselves in a variety of Telos-compatible Web3 games. This blockchain has proven its worth with its proven scalability, affordability and low carbon footprint. In addition, its impressive track record of continuous uptime ensures a smooth and uninterrupted gaming experience.

AJ Dinger, Head of Business Development at Telos Foundation, expressed his excitement about this, "This transformative collaboration with GameStop will open new doors in the Web3 space. By combining GameStop Playr with Web3 games on Telos' high-performance blockchain infrastructure, we will be breaking down barriers and drawing Web2 gamers into the exciting world of Web3."

Telos Foundation CEO Justin Giudici shared this enthusiasm and highlighted how Telos provides the ideal environment for GameStop's advancement in Web3 game distribution. Giudici stated, "Our fast, secure, sustainable and scalable platform aligns perfectly with the requirements of this dynamic space."

As the traditional gaming industry ventures into Web3 technology, this collaboration aims to bridge the gap between the conventional gaming community and the growing Web3 audience. Together, Telos and GameStop are paving the way for a new era of online gaming, merging the best of both worlds and bringing unparalleled experiences to gamers around the world.

The Telos Foundation, a decentralized and independent organization, is proud to oversee the development and governance of the Telos blockchain. Its focus on decentralization, robust and reliable technology, and global adoption of blockchain technology makes it a leader in its field.

Telos uses a consensus mechanism known as "delegated proof-of-stake," in which network participants can staking their tokens to vote for so-called Block Producers (BPs) as their chosen delegates.

In this system, BPs in part fulfill a function similar to miners in Bitcoin's Proof-of-Work-based blockchain or staking nodes in a Proof-of-Stake (PoS) protocol.

They also have additional responsibilities to the miners, as the top 21 elected BPs in the network have full executive power and therefore exercise a casting vote on all decisions related to the blockchain.

Telos also has its own cryptocurrency whose nomenclature is TLOS. Telos-based tokens are used for DeFi, gaming and social networking behind NFT and smart contracts.

Regarding GameStop, this is not its first foray into the Web3 world, in November 2022 it officially launched its NFT Marketplace called GameStop NFT in partnership with Immutable X, a leading Ethereum layer two solution based in Sydney, Australia.

Get ready to immerse yourself in a unique and revolutionary gaming experience. With Telos and GameStop leading the way, the era of Web3 gaming is about to begin its exciting rise to the top of the gaming industry - don't miss out on this exciting journey into the future of online gaming!

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