Animoca Brands, a company specializing in digital entertainment, blockchain, gamification and artificial intelligence, announced today that it has acquired Helix Accelerator (spiral), it has reached an agreement with Hedera Hashgraph to develop two distributed ledger-based gambling project.
Hedera Hashgraph, Animoca Brands and Helix will develop football games based on non-fungible tokens (NFT); use the intellectual property rights of famous football clubs authorized by Animoca Brands.
The game will have a tradable NFT and will be supported by the native token HBAR of the Hedera network. The NFT supported by HBAR can be exchanged for HBAR after the cooling-off period, which means that the NFT can redeem a fixed and guaranteed amount of basic encrypted assets for the first time.
The three organizations will also cooperate in the development and launch of Helix Warp, a distributed online gaming platform. The mission is to create a fair and decentralized ecosystem of game-related products and services to solve the problem of cheating in online multiplayer games.
Helix Warp will counteract cheating by creating a server-side simulation environment and using the Hedera Consensus Service to record the results. Game developers will be able to plug in Helix Warp and deploy anti-hacking leaderboards in their games. First, Helix Warp will target HTML5 games and use Helix Warp tokens to support the ecosystem.
“We are very pleased to work with Hedera Hashgraph, this product provides some very attractive uses for games, especially in high transaction scenarios. We believe that this partnership will lead to more effective verification of revenue-generating activities, including solutions such as Billions of dollars in games like cheating problems.”
– Xiao Yi, co-founder and chairman of Animoca Brands
This Hedera Consensus Service The Hedera token service will be used as the basic technology layer for the above two projects.
The Hedera Consensus Service acts as a trust layer for any application or allowed network and allows the creation of immutable and verifiable message logs. Although Hedera Token Service can configure, manage and transmit high-throughput locally replaceable and non-fungible tokens without the need to deploy expensive and potentially faulty smart contracts.
“Animoca Brands develops and operates some of the most popular blockchain games in the world. It has proven itself as a leader in leveraging blockchain and distributed ledger technology. It provides fascinating entertainment applications that attract people from all over the world. Fans. We are very pleased that Animoca Brands has chosen to build these new products on the Hedera network.”
– Mance Harmon, CEO of Hedera Hashgraph