GemsLab is Officially CryptoLocally’s First Incubation Project
We are proud to announce our first incubation project with GemsLab, the creators of Angry Warlords and Dragon Fly. GemsLab is a game studio based in Africa, Ghana, that develops blockchain games for non-blockchain gamers. Its simple yet exciting games appeal to casual gamers who make up a huge portion of the gaming population, making it a perfect fit to introduce blockchain and crypto to the masses.
Introducing Blockchain Through Gaming
GemsLab specializes in games that appeal to the general public while simultaneously introducing them to blockchain technology and cryptocurrencies. This is exactly the reason why we have decided to incubate the start-up as we also believe that blockchain-based games are the best medium to get people into crypto.
By building intuitive games that everyone can enjoy, while integrating blockchain technology and cryptocurrencies, GemsLab has created a very effective onboarding mechanism for non-blockchain users.
Solving the Challenges of blockchains For Mass Adoption
GemsLab solves two important aspects required for mass adoption. First, identifying an effective use case that people with no blockchain experience are actually willing to use without too much difficulty. Second, using a scalable and cost-effective blockchain.
At the moment, not too many people outside of the industry are keen on using blockchain-based applications. Older generation blockchains like Bitcoin and Ethereum are far too slow and too expensive to operate, not to mention the steep learning curve of how to use them…
GemsLab has released two games, both of which utilize the TELOS blockchain. Angry Warlord is the first TELOS-based game released by the blockchain game studio. It is a casual and fun game with simple mechanics. While riding a rhino you avoid obstacles by jumping, defeat enemies by slashing, and collect GEMs. These GEMs have real value and can be traded to other digital assets.
The second game released by GemsLab is called Dragon Fly. It is set in the world of clouds where players fly their dragon through an endless and challenging terrain. Players earn GEMs by successfully navigating the terrain bouncing from one platform to another with the aim of reaching the furthest point they can. The game is downloadable for Android and iOS (beta).
GEM tokens that are earned in these games can be traded into EOS, TELOS, and soon WAX. They are listed in decentralized exchanges Newdex and Dice.one. GEM tokens can also be used to purchase in-game items or game characters.
The TELOS Blockchain
GemsLab chose to build their games on the TELOS Blockchain. It is based on EOS, a high-performance blockchain that has the capacity to scale for mainstream adoption. It also uses an improved resource management system of EOS for feeless transactions without the resources’ allocation problems of EOS.
Aside from a better resource management system, TELOS has a more decentralized governance model as well as a clear and coherent worker proposal system dubbed as Telos Works. It is the way that Telos users can guide and pay for the development, promotion, and growth of the Telos network. This translates to a more developer-friendly environment, cheaper account creation, and a more viable network to use for incentivized gaming.
You can already buy and sell TLOS P2P on CryptoLocally!
We at CryptoLocally will support Gemslab by helping in the development and marketing of its existing and future game releases. We have already been collaborating with the game studio in the development of its next game: a 3D defense strategy game that will also be on the WAX chain. The game will feature non-fungible tokens (NFT) characters which players can grow their abilities in the game or sell to other players in the future.
We are looking forward to a long, lasting, and mutually beneficial partnership with GemsLab. Together we hope we can help spur mass adoption by offering blockchain-based games that appeal to the masses!