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Gaming Company Vorto Partners With NEAR Foundation in Crypto Gaming Deal

Gaming Company Vorto Partners With NEAR Foundation in Crypto Gaming Deal

Imagine getting paid to game. Especially with crypto. Sounds like the dream, right? And probably more likely than ever before now technology is more advanced. 

Well, it’s not that simple — yet. Games exist on the blockchain, sure. Ethereum has a ton of them. But there are issues: the network is congested and one often has to pay high gas fees to the miners who keep it running. 

But one gaming company claims to be changing things. Swedish Vorto Gaming, a developer of blockchain gaming solutions, has just received a grant from the NEAR Foundation, an open source platform that accelerates the development of decentralized applications. Both companies claim that their partnership will bring more people to the world of crypto gaming. 

The Deal 

Vorto received a sum of 25,000 NEAR tokens to build their platform on the protocol’s network. In addition, the gaming company received $10,000 in cash from the NEAR foundation.

It will allow Vorto Gaming to deploy its Vorto Network Minimum Viable Product (MVP) on NEAR Protocol, benefitting from its high scalability and sharding.

“It’s undeniable that blockchain gaming, despite its promise and excitement, has seen slow adoption in recent years,” Kristaps Vaivods, CEO of Vorto Gaming, said.

“We think there are two main reasons for that: bad UI and UX, and an unscalable blockchain infrastructure. We solve for the former, while NEAR for the latter.” 

But who is Vorto Gaming? 

Based in Sweden, Vorto says it’s “creating an economy owned by the players, for the players.” With its own digital currency, the company wants to become the new foundation for a gaming experience where developers, publishers and players of games all get paid for their work. 

It is actually set to be the first publicly-listed crypto gaming company with a tradable token and is open to anyone. 

And so far, so good: ConsenSys, Yang Bing Kok, angel investors have donated a total of $3 million so far, and now this grant. 

The platform is also the core team developing the successful real-time strategy game, Hash Rush, which is still in Beta mode. The game allows players to receive NFTs as rewards for playing the game. 

How can NEAR help? 

The NEAR Foundation, based in Switzerland, works to accelerate the development of decentralized applications. 

Why’s this a big deal? Well, NEAR is cheaper, for a start. 10k times cheaper per transaction than Ethereum’s. So powering the network should run smoother. 

The deal hopes to change the way blockchain gaming is done — and draw more people to its world. 

“NEAR Protocol is made for developers just like Vorto Gaming,” NEAR Foundation CEO Erik Trautman said. “NEAR provides abstractions to hide as many of the underlying scalability solutions as possible, offering a high-performance sharded blockchain that looks and feels like a traditional smart contract platform.”

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