FYX Gaming Uses NFTs to Provide Immutable Data to eSports, Betting Platforms
On this episode of Hashing it Out, CEO and founder Adam Kling and CTO and Chief Architect David Case talk about FYX Gaming (formerly known as Kronoverse)—an esports platform, portal and marketplace built on the BSV blockchain.
CryptoFights, built from scratch by Kling and Case, is one of the games available on the platform and it has been making waves in the esports and BSV blockchain space, reaching over a million transactions in the first month of its open beta.
Unlike the NFTs associated with Zed Run, Sandbox and NBA Top Shot, with CryptoFights, users do not have to buy the NFTs, they can actually be earned.
“When you have a character, it is an NFT. When you have weapons and armor, they are NFTs…and when you win a battle, you actually win the battle object…and then as you play, we drop new weapons to you and those weapons can be traded or sold or melted down for the BSV that’s stored in them. So a very flexible world,” Case explained.
“What David’s alluding to is really the foundation of what the future of a real metaverse will be. Sandbox or these other ones are still somewhat siloed, especially when you talk about private blockchains like Flow,” Kling added.
- Aaron Goldstein, Gambling911.com
