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Colopl’s Strategic Leap into Web3 Gaming
In a bold move that’s turning heads in the gaming world, Colopl, a titan in the industry, is beefing up its Web3 gaming arm, Brilliantcrypto, with a hefty 2.5 billion yen. This isn’t just a cash splash; it’s a game-changer. Set for this October, this infusion of funds is set to catapult Brilliantcrypto’s capital from a modest 100 million yen to a whopping 1.35 billion yen. What does this mean? Brilliantcrypto isn’t just a subsidiary anymore; it’s now a key player in Colopl’s grand scheme of things.
The GameFi Frontier
Established only a year ago, Brilliantcrypto is Colopl’s foray into the bustling intersection of gaming and finance, better known as GameFi. It’s not just a venture; it’s a vision to take Japanese innovation global. The recent past has seen Brilliantcrypto marking its territory in the Web3 wilderness. In July, they shook hands with Coincheck for an Initial Exchange Offering (IEO), a move that has the cryptosphere buzzing. The IEO’s finer details, like when and what exactly will be up for grabs, are still under wraps, but the anticipation is as real as it gets.
Partnerships and Playgrounds
Brilliantcrypto’s social circle is expanding too. They’ve partnered with not one, not two, but seven game guilds/DAOs. We’re talking about the likes of OLA GG, Indi GG, GuildQB, and others. They didn’t stop there; they went on to score a partnership with none other than Paris Saint-Germain FC, one of the most glamorous names in professional soccer. This isn’t just any deal; it’s a premium partnership lasting until June 2025.
Revolutionizing Gaming with ‘Proof of Gaming’
But here’s the real kicker: Brilliantcrypto is busy brewing something special in their gaming lab. Inspired by Bitcoin’s Proof of Work, they’re concocting a new gaming model – ‘Proof of Gaming’. It’s not just play; it’s play that proves value to others. This innovative approach aims to sustain the ‘Play to Earn’ model and is poised to be a showstopper, originating from Japan but designed for the global stage.
In essence, Colopl’s investment in Brilliantcrypto is more than just financial backing. It’s a statement of intent, a declaration that they’re all-in on the Web3 gaming revolution. As we watch Brilliantcrypto gear up, one thing is clear: the future of gaming is not just playing; it’s playing with a purpose.