Catheon Gaming is a blockchain gaming ecosystem with a portfolio of 25 games that have already been downloaded more than 50 million times. Reports suggest that the project is now getting ready to level up. This ecosystem insists that play-and-earn represents “the next wave of disruption” in the $250 billion sector.
Catheon Gaming states that the top-quality technology that immutable ledgers offer resolves most of the drawbacks that plague traditional games. In-game assets are wholly owned by players and they are monetizable and transferable.
Instead of focusing on releasing one game, the project aims to cultivate a vibrant ecosystem that will endure beyond the life cycle of any single title. Catheon states that it now boasts a huge and growing portfolio of 25 games – and that will be enriched with the development of its in-house metaverse.
The native token that had been responsible for the governance of one game is getting rebranded, and will now cater to Catheon’s whole gaming portfolio. Catheon told reporters:
“We are extremely excited to announce our next phase of innovation and growth with the Catheon ecosystem. We have been hard at work over the last 11 months to build the foundations required to execute this vision and are finally in a position to do so.”
“We are addressing key issues in both traditional and blockchain gaming and are building a truly immersive experience for users and a seamless process for game developers to take advantage of the blockchain. We are united in our goal and in execution, we will be a driving force in the industry, and we are confident Catheon will revolutionize blockchain gaming.”
It Is Still Early For Catheon Gaming
While setting out the size of the opportunity, Catheon states that blockchain-fueled games today command less than 5% of the entire market – but that is expected to grow extensively in the coming five years.
Interestingly, this project wants to position itself as a dominant leader in the space by publishing top-quality, entertaining games and introducing a better onboarding process with less friction. It is also important to educate the public about how blockchain technology operates, lower entry barriers, and develop distribution platforms for new titles.
Catheon was originally launched in September 2021, paving the way for the launch of SolChicks. This year, attention seems to have shifted to building a metaverse and setting up Catheon Labs – and figures from the project indicate that its 25 games have already been downloaded over 50 million times. Titles in the portfolio span genres including anime, sports, and MMORPG – with Prajna Gate, War of Gama, and Angrymals among them.
In July 2022, Catheon Gaming was recognized as the quickest-growing blockchain start-up out of more than 6,000 firms analyzed in the APAC region in an exhaustive research paper published by HSBC and KPMG. The firm has also set up an incredible management team and an advisory board of seasoned and experienced executives from most of the traditional gaming behemoths.
‘The Steam Of Blockchain’
Elsewhere in its ecosystem, Catheon Gaming Center strives to become “the Steam of blockchain” – a gateway that enables passionate players to tap into top-quality gaming experiences on their mobiles, PCs, and consoles.
Together with the compelling benefits for gamers, coupled with token staking and NFT rentals, CGC aims to make it quite easy for developers to onboard their titles into the blockchain gaming network, as well.
In the meantime, Catheon’s metaverse stands out from the crowd with perks that are not currently offered by rivals – delivering real interoperability of games by owning technical aspects of their gaming portfolio and mainly being chain agnostic.
Nonfungible tokens (NFTs) from any of its titles can be integrated into the virtual world – which might result in “brand-new experiences beyond what’s available in their respective native games.”
Catheon is a business that comprises many unique strands – and it is game on as the project aims to become a major force in the entertainment industry. As users continuously explore what NFTs, play-and-earn games, and the nascent metaverse space has to offer, it has come up with an irresistible selection of titles that players will enjoy.
