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Singapore, 9 June 2022 – Bitgate, the leading global derivatives exchange, announces the IEO of Revoland, the first blockchain-based multiplayer online battle arena (MOBA) game on Huawei Cloud, on its global platform spanning 50 countries and over two countries. Delight. million users. Subscriptions to Revoland will be open from June 13, 2022, 11:00 (UTC) to June 18, 2022, 11:00 (UTC), and its native token REVO will be available for trading on June 20, 2022, at 15:00. (UTC).
Play-to-earn (P2E) games have experienced rapid growth recently, especially during the pandemic when they presented themselves as opportunities to transform themselves into a source of income for many. As reported by Nasdaq, the P2E gaming industry was worth over $90 billion in 2020 and is expected to reach $256.97 billion by 2025. This is a phenomenon that has relaunched the video game industry with additional support from blockchain and decentralized systems.
Commenting on the partnership, Gracie Chen, Bitgate’s Managing Director, said, “We look forward to listing Revoland on Bitgate, as we work together to build a Web3-powered community, and to provide opportunities for Bitgate’s valued users.” While gaming is not a new concept, it has certainly experienced its moment of success and has made an impact after the integration of blockchain.
Web2 gamers spend about $40 billion a year on virtual goods, but users don’t actually own the items, the companies do. With GameFi and NFT, users can have real ownership. We see a number of phenomenal games that have started a new wave of web3 game development and attracted millions of users. As we continue to lead the blockchain movement, we welcome like-minded organizations with innovative projects to join us and partner with us. ,
Bitgate’s Launchpad offers its users an exclusive opportunity to gain early access to high-potential projects in space. Since its inception, various projects were launched and received positive response within the community. Launchpad will continue to be an important focus of Bitgate in continuing its dedication to the larger development of crypto and blockchain.
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