Industry Focus: DApp Reinnvigorates a New Era in Social Gaming

Dapp is a decentralized application that is powered by many users on a decentralized network with trustless protocols. Many of these innovative applications are social gaming projects otherwise known as blockchain games which were originally based on collecting unique assets and trading them for fun, for cryptocurrency or for both. The industry has now exploded with the invention of the ERC20 token that is usually supported and tradable via major cryptocurrencies such as Dash, Ethereum or Bitcoin.

Gamers are already very used to the digital economies within games and by introducing blockchain technology into the gameplay, gamers can be sure that their virtual positions are safe and can be ported from game to game or cashed out in the real world.  For game developers, blockchain ensures their intellectual property can be monetized and protected.

For example, Ares Tech is blockchain-based social gaming network with head offices in Berlin, Germany. The Ares platform is comprised of three elements: ares suite, ares arena and ares connect. Ares suite is an all-in-one solution for game developers to build blockchain games and allow cross-chain collaborations; ares arena is the first free social gaming platform Dapp, easily engaging gamers in blockchain social game competition with encrypted assets that are transferable between games; ares connect provides business partners with global monetization opportunities and helps game developers to upgrade indie games to profitable intellectual property.

Ares Tech boasts of a professional and international team with, on average, more than 10 years’ experience in internet, including growth hacking, social games, big data and mobile internet products.

Ares has also built a strong team of advisors, ranging from computer science and new media professors from German universities, Berlin’s blockchain star projects, social media experts, to high-level management from European large and medium-sized companies. Their working experience has covered Fraunhofer, Zynga, Playfish, Bigpoint, Tencent, Shanda Games, Onefootball, Zalando, N26, Deutsche Bahn, Microsoft, IBM, Nokia, Siemens, Daimler and KPMG.

Dapp and blockchain based games are the new era of scalable blockchain solutions supposedly backed by genuine ICO funding and currently taking the gaming world by storm. Ares Tech will announce details of its upcoming ICO shortly with the ARES token being an ERC20 utility token which also will be listed on public exchanges.