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Tech giant Microsoft has decided to invest in the blockchain game sector, with funding for Star Heroes – a shooting game.
Star Heroes will take players to a third-person experience, with 2 battle modes including solo or multiplayer, to climb the online leaderboards with players from around the world or in a single battle. best.
With investment from billionaire Bill Gates, Star Heroes allow more people to join the machine than players Azure PlayFabor successful games like Forza Horizon, Sea of Thieves and Tom Clancy’s Rainbow Six Siege. Know the development team Star Heroes likely to join Ubisoft.
Game publishing and development company Ubisoft, in 2021, decided to enter the NFT market, especially based on the Tezos blockchain, by applying for some of its video games. However, a few months later, Ubisoft stated that NFT was not well understood by players, and in fact they had little interest in the feature.
Develop team Star Heroes has worked for over two years and includes some former CD Projekt Red employees who have worked on hit games like The Witcher 3: Wild Hunt and Cyberpunk 2077.
Microsoft cares about Play-to-Earn
Star Heroes is based on the Web3 concept of “Play to Earn” which is very popular today. Simply put, players can earn cryptocurrency through the game. This is one of the booming areas of the NFT and blockchain industry. According to a Q2 2022 report published by Nonfungible.com, gaming is one of the fastest growing categories of the NFT world.
Bill Gates and the NFTs
The news of the Microsoft investment comes a few weeks after Bill Gates stated that for him cryptocurrencies and NFTs are “silly things”.
Specifically, in an interview with Yahoo Market in mid-July 2022, the billionaire explained that in his view, cryptocurrencies and NFTs are based on the so-called “silly” theory, it is the theory that the price of an asset only increases if its owner can sell it to someone “stupider” than himself, regardless of whether the asset is overvalued or not. When no one can be found to resell, the price drops.
From the former Microsoft founder’s point of view, it seems unlikely that his company would be interested in the industry.
However, in reality, Microsoft has been sponsoring hackathons (groups of people who write code) to develop blockchain for many years. The most recent move to fund the NFT-focused startup Palm is a testament to the shift from Microsoft. The company has also entered the metaverse with Microsoft Teams, where users will have the opportunity to have a personalized digital avatar and an immersive space to meet each other in the metaverse.
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