CryptoNinjas” Animoca and Hedera to develop Helix Warp gaming platform and NFT-based football game
Animoca Brands, a business specializing in digital home entertainment, blockchain, gamification, and artificial intelligence, today revealed that, by means of its acquisition of Helix Accelerator (Helix), it has participated in an arrangement with Hedera Hashgraph to develop 2 dispersed ledger-based gaming projects.
Hedera Hashgraph, Animoca Brands, and Helix will develop a non-fungible token (NFT) based football video game; making use of the intellectual properties of famous football clubs under license to Animoca Brands.
The video game will feature tradable NFTs that will be backed by HBAR, the native token of the Hedera network. NFTs that are backed by HBAR will be redeemable for HBAR after a cooldown duration, representing the first time that an NFT will be redeemable for a repaired and ensured quantity of an underlying crypto property.
The three companies will also team up to establish and launch Helix Warp, a dispersed online gaming platform. The objective is to create a reasonable and decentralized environment of gaming-related product or services to combat the issue of cheating in online multiplayer games.
Helix Warp will combat unfaithful by producing a server-side simulation environment and leveraging the Hedera Consensus Service to record results. Video game designers will have the ability to plug into Helix Warp and deploy hack-resistant leaderboards in their video games. Helix Warp will target HTML5 games, to start with, and make use of the Helix Warp token to underpin the environment.