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Kratos Studios – the corporate behind the IndiGG DAO – has introduced a grant program to incentivise web2 gaming studios to undertake blockchain into their video games.
About $6 million (500 million INR) has been allotted by the Kratos Studios Community, aimed toward builders who transition their video games to web3.
Kratos claims it’s already enabled monetazation for 150,000 gamers, a quantity it’s trying to 100x by way of the brand new grant program. It hopes to succeed in this goal by advancing its sport developer neighborhood and broaden past the borders of India, together with LATAM, East Asia, and SE Asia.
With a primary focus to create high web3 video games throughout numerous genres, languages and cultural sensitivities, Kratos will then make these video games out there on its gaming platform.
Co-founder of Kratos Studios and gaming veteran Manish Agarwal acknowledged, “Kratos Studios stands for the gamer neighborhood. This initiative will convey top quality video games and therefore extra avid gamers to blockchain gaming. We’re on our option to changing into the biggest community of avid gamers on the blockchain, globally.”
Profitability spanning over 2-3 years and a minimal day by day lively consumer depend of 500,000 are among the program’s standards to be among the many chosen sport studios. As soon as shortlisted, builders will get the good thing about adopting Kratos’ blockchain tech stack, in addition to get entry to the estimated 1 million consumer base of the onchain world gamer neighborhood.
Kratos Video games Community’s companion builders may even provide an financial value-sharing mannequin to their avid gamers, which is designed to create consumer retention and elevated monetization for particular person gamers.
Purposes at the moment are open and grants will begin being distributed in March 2024.
You will discover out extra about this system right here.