Entertainment giant WarnerMedia has recently launched its blockchain gaming platform called Blocklete Games through its subsidiary Turner Sports. This offering enables players to redeem cash prizes by competing with unique digital athletes called Blockletes.
In fact, Blocklete Games has already launched its first game called Blocklete Golf, which is a rebranded version of Arena Golf in the Arena Sports that accepts a variety of coins and four dollar-pegged stablecoins.
Blocklete Games was made possible through a partnership with BitPay, a Bitcoin peer-to-peer (P2P) fintech platform to offer free-to-play (F2P) gaming services and also allow fans as well as players to buy Blockletes, as well as collectibles and other in-game products using cryptocurrencies.
The Blocklete Game open-source marketplace gives access to individual players to trade their digital athletes and other game items and potentially profit from the sale of high-value athletes anywhere at all times.
Turner Sports Vice President of Business Operations and Strategy Yang Adija said that they see a “transformational opportunity” to provide more control over the video gaming experience of players through Blocklete Games. This they will do by “reversing the conventional power dynamic” between the game creator and the gamers themselves.
Our service leverages the blockchain such that anyone can play personalized sports games with their friends, with the potential to also generate a return on their investment in the game.
In addition, Blocklete Game will also run a community tournament with about a $20,000 cash prize pool which will start this year.