Iskra Redefines Game Publishing at Korea Blockchain Week, Announces New Games

press release

PRESS RELEASE. SEOUL – Iskra took the stage at Korea Blockchain Week, outlining their vision of game publishing in the era of Web3. “The technology is now available for us to provide an ecosystem that enables better outcomes for everyone: players, game developers and the platform itself. There is now an opportunity for every stakeholder (especially players) to share in the overall value created by the game experience: from digital asset ownership, fandom development, to overall community participation.”, explains Ben Colayco, Iskra’s Global Managing Director.

Iskra plans on distributing up to 100% of all platform fees to every stakeholder, based on their participation. Participation is determined through Iskra’s Community Ranking System that measures everything from running an Iskra network node (Pioneer NFT), staking Iskra’s native token (ISK), to simply using platform services. This form of Game Publishing for Web3 includes the players as stakeholders from the very beginning, creating a dynamic where they are no longer the main source of revenue and are now sharing in the overall value created by the game experience. This alignment hopes to create a virtuous flywheel where a highly engaged base attracts the best content, and the best content continues to grow the highly engaged base, while all sharing in value creation.

The Iskra game partnership strategy revolves around game development experience and content-specific potential for web3. Following this criteria, Iskra has signed one new studio to its game line up: HDLABS, HDLABS has experience in the blockchain game space with “Stepwatch”, it’s Move to Earn (M2E) title, and is working on transitioning up to 30 titles from Web2 into Web3. HDLABS and Iskra will be launching a turn-based RPG “Three Kingdoms Multiverse” together in Q4 of 2022.