Colizeum’s Token Generation Event On May 4 Will Improve Mobile Gaming Monetization For Developers

| Publish date: 05/02/2022 (Last updated: May 02, 2022 09:09 AM)
Share

It is tricky for mobile game developers to balance exhilarating gameplay with monetization opportunities. Serving traditional ds is subject to many drawbacks, but there aren’t many viable alternatives. Colizeum aims to shake up the landscape without being intrusive, paving the way for future industry growth.

Mobile Game Monetization Peril

One may be inclined to think many mobile game developers are raking in money hand over fist. But, in reality, there are only a handful of publishers and developers making big money in this industry. Mobile gaming is valued at over $116 billion, with future growth to occur year over year. Moreover, the number of mobile game developers keeps rising, despite struggles on the monetization front.

Developers opting for traditional in-game ads have to strike a delicate balance between earning money and fluid gameplay. Interrupting the player experience is counterproductive. However, one cannot force players to leave the game ecosystem either. The other prolific option is using in-game purchases, even if microtransactions are frowned upon by many.

Making matters worse is the cut taken by App Store operators like Apple and Google. A whopping 30% of every transaction goes to these technology giants. The fee cuts into the profitability of a developer, who often invested countless hours and thousands of dollars into building the game. The current model has become unsustainable, yet exploring alternatives without compromising user retention has not been easy. The new solution by Colizeum may provide the alternative mobile game devs are looking for.

The Colizeum SDK’s Potential

Colizeum has put together a Software Development Kit (SDK) to help mobile developers tap into new revenue streams. Through the SDK, builders can embed play-to-earn mechanics into their offering. Additionally, they gain access to tokenized game modes, yielding a constant passive revenue stream. Either option requires zero blockchain coding expertise, making it an appealing option to explore.

Combining blockchain and real-world monetization avenues in mobile games ushers in a new paradigm. Developers can add the extra revenue option to their existing games or spin-off games through a blockchain-only approach. Blockchain gaming is one of the fastest-growing markets today. Moreover, the SDK enables mobile builders to focus on the game rather than worrying about paying bills.

An added bonus is how all games embracing the SDK will become part of the Colizeum Game Store. Unlike other platforms, that Store does not take a 30% revenue cut. Instead, it aims to empower developers and help them bring their games to a broader audience.

NFT Mechanics and $ZEUM Tokens

Enabling blockchain-based revenue streams will bring mobile game builders one step closer to the world of NFTs. Non-fungible tokens can empower players to claim ownership of their assets. Moreover, it introduces new revenue gateways for players and developers. For instance, a game builder can incorporate NFT minting and ensure they gain royalties from every secondary sale.

Moreover, the $ZEUM token can be used to organize events and tournaments with a kickback to the game developer. The token is accessible by players and community members, enabling a hands-off approach to the organization while still reaping the rewards.

Players looking to earn rewards through these games need a Player Card. A total of 5,000 Elite Player Cards will exist, giving holders access to minting all other Player Cards. Additionally, holders receive a level of utility the industry has not seen before.

The $ZEUM token is the crucial cog in the Colizeum ecosystem’s machine. It has been part of various successful IDOs across multiple platforms. The upcoming Token Generation Event (TGE) on May 4 at 04:00 am UTC will grant broader access to the deflationary utility token. Users can be part of the TGE on Uniswap, Pancakeswap, and Gate.io.

$ZEUM Staking For Extra Rewards

On May 4, $ZEUM holders can begin staking their assets across various pools. There are 18 million $ZEUM tokens in rewards to collect. Staking these assets unlocks a passive revenue stream for holders on day one, enabling them to put their investment to work. Opting for the liquidity pool staking pool will award a 4x higher APY, though.

Those engaging in staking will tap into extra rewards. Those rewards range from surprise token airdrops to NFT drop whitelist spots and exclusive in-game quests. Keep in mind every staking pool has a minimum token lockup of six months. Staking for longer periods – up to 12 months – will enhance the rewards one can earn.

Share

Related Posts

Decentralized web3 Platform Envision Launches Its $Vis...
Australian-based web3 platform, Envision announced the launch of its…
These Hot Crypto Projects Could Launch Free...
Crypto fanatics are always on the lookout for the…
Acala & Manta Team Up On Cross-Chain...
Manta Network has hit another key milestone on its…

Leave a Comment