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Gamestop & Telos Announce Partnership to Onboard the Next 100 Million+ New Players to Web3 Gaming | Blockster

source-logo  blockster.com 01 June 2023 10:46, UTC

In an exciting new collaboration, the Telos Foundation and GameStop Corp. (NYSE: GME) have announced a strategic partnership aimed at expanding Web3 gaming and onboarding mainstream gamers into the world of decentralized gaming. This venture will enable the Telos blockchain to tap into GameStop's upcoming Web3 game launcher, GameStop Playr, thereby opening doors for the widespread adoption of Web3 games.

With Web3 poised to welcome over 100 million new gamers in the next two years, the Telos blockchain possesses all the technical capabilities required to successfully onboard this massive user base. Telos boasts high throughput, reliability, low carbon emissions, and cross-chain functionality through its innovative Telos Zero framework, making it an ideal partner for GameStop's ambitious foray into Web3 gaming.

By collaborating with GameStop, Telos aims to bring Web3 gaming to the mainstream audience, breaking down barriers that have hindered the widespread adoption of this emerging technology. GameStop Playr, combined with Web3 games powered by the Telos blockchain's high-performance infrastructure, promises to revolutionize the gaming landscape and attract players who have thus far remained in the Web2 realm.

AJ Dinger, Head of Business Development at the Telos Foundation, expressed his excitement about the transformative collaboration. "We are thrilled to enter into this transformative collaboration with GameStop," said Dinger. "We believe this collaboration will be a meaningful driver of new users into the Web3 space."
"By combining GameStop Playr with Web3 games utilizing Telos' high-performance blockchain infrastructure, we can break down many of the barriers currently deterring Web2 players from embracing Web3."

AJ Dinger, Head of Business Development at the Telos Foundation
Justin Giudici, CEO of the Telos Foundation, echoed Dinger's enthusiasm and highlighted the suitability of Telos for GameStop's Web3 game distribution efforts. "Telos offers an ideal environment for GameStop's push into Web3 game distribution," said Giudici. "We believe the prerequisites for advancing this dynamic space require a platform that's fast, secure, sustainable, and scalable."

As the collaboration between Telos and GameStop takes shape, its primary objective is to bridge the gap between the traditional gaming community and the burgeoning Web3 audience. This strategic partnership marks a significant milestone in the evolution of Web3 gaming, propelling it from a niche market to the forefront of mainstream gaming.

About the Telos Foundation

The Telos Foundation, a decentralized, independent, not-for-profit organization, oversees the development and governance of the Telos blockchain. Telos made waves in 2021 with the introduction of tEVM, the world's fastest Ethereum Virtual Machine, which runs concurrently alongside the native Telos Network.

Committed to advancing decentralization through reliable, eco-conscious, and trustless technology, Telos aims to drive the global adoption of blockchain solutions.

The Telos and GameStop collaboration represents a crucial step towards realizing the vision of a vibrant Web3 gaming ecosystem that seamlessly integrates with the traditional gaming world. As the partnership progresses, gamers can anticipate a new era of immersive and inclusive gaming experiences that leverage the power of decentralized technology.

For more information about the Telos Foundation and its involvement in Web3 gaming, please visit the official website at www.telos.net. To stay updated on the latest developments and to explore GameStop Playr, visit playr.GameStop.com.