Ontology (ONT), a next-generation public chain infrastructure project and a distributed trust collaboration platform, announced today that it has partnered with MIXMARVEL, a game platform and content community, to bring blockchain games to the Ontology network.
— Ontology (@OntologyNetwork) October 26, 2018
According to the announcement, MiXMARVEL will now use the Ontology platform to begin developing decentralized applications (dApps). Additionally, HyperDragons, one of the top gaming dApps on the Ethereum blockchain, will begin using the Ontology platform to address scalability issues.
“Blockchain is a hot technology and the blockchain gaming industry is one which the public can easily participate in. Ontology and MIXMARVEL will work together to give a more exciting experience for HyperDragons and bring more fun to the Ontology ecosystem,” said Andy Ji, Chief Strategy Officer of Ontology.
HyperDragons is a competitive fighting game that allows players to collect, breed and trade digital dragons by generating smart contracts on the blockchain. The game features a PvP battle mode for pitting dragons against each other in return for rewards and experience points. There is also a P2P marketplace that helps facilitate the game’s internal economy.
ONT is currently trading for $1.73, giving the altcoin a $358.9 million market cap and making it the 26th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.
Related: Blockchain plus token economies HyperDragons presents a holistic gaming token economy to users
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.