Astar Network To Integrate DEA’s GameFi Content IP Into Ecosystem
April 13, 2022 — Today, Astar Network has inked a strategic partnership with Singapore-based GameFi platform provider Digital Entertainment Asset Pte. Ltd. (DEA) to make its PlayMining ecosystem and associated products available on Astar. The new collaboration will allow Astar to enter the GameFi space, by tapping into DEA’s plethora of play-to-earn content and services.
DEA already features an audience of more than 2.3 million users spread across 100 countries. Forging a partnership with Astar will play an important role in its plans for expansion.
By partnering with Astar, DEA will be able to bridge its PlayMining economic zone that includes play-to-earn (P2E) games, DEAPcoin (DEP) native token, and an NFT marketplace. This will allow users to access GameFi products directly from Astar Network and heighten the circulation of DEP by extension.
At Astar, we have been committed to attracting DeFi protocols since winning the third Polkadot Parachain slot and going live on the Polkadot mainnet in January 2022. The results — $2B+ in TVL — are a testament to this effort.
Now, we are eagerly expanding our dApp use-cases by stepping into the GameFi space. With DEA, we will not only diversify and grow Astar’s user base but also attract GameFi developers — especially with our new #Build2Earn program having just launched. In addition, this will spur our growth plans by integrating DEA’s play-to-earn gaming content — which currently features an impressive intellectual property comprised of four titles and another due to launch soon.
About DEAPcoin (DEP)
DEAPcoin is a utility token that is distributed on DEA’s GameFi platform, PlayMining, and can be used to trade NFTs. PlayMining was launched on May 26, 2020, and as of January 2022 has over 2.3 million users in 100 countries worldwide.
On January 26, 2022, DEAPcoin was listed on BITPOINT, a crypto asset exchange licensed by the Japanese Financial Services Agency, becoming the 38th crypto asset handled in Japan. It is also the first Play to Earn token to be circulated in Japan and PlayMining is the world’s first Play to Earn token economy, leading the global GameFi market.
More information on DEAPcoin is available in the whitepaper.
About Digital Entertainment Asset
DEA, a GameFi platform business, was founded in Singapore in August 2018 and is developing JobTribes, a Play to Earn game, and PlayMining NFT, an NFT marketplace. Using blockchain technology, the company aims to realize a world where one can create value by having fun.
About Astar
Astar Network is the #1 TVL Smart Contract Hub for WASM + EVM on Polkadot.
Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.
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DEA Teams Up With Astar In GameFi Distribution Partnership was originally published in Astar Network on Medium, where people are continuing the conversation by highlighting and responding to this story.
