TSM and Avalanche Join Forces to Revolutionize Gaming with Web3 Technology
TSM and Blitz Partner with Avalanche to Revolutionize Gaming Industry
TSM, the global leader in video games, esports, and creator-centric ventures, has announced a partnership with Blitz, its competitive gaming platform, to utilize the Avalanche blockchain platform to transform the gaming industry. The move comes despite TSM’s exposure to the FTX fallout last year, as the company remains focused on the bigger picture.
Through Avalanche, TSM aims to introduce innovative gaming experiences for players, creators, and fans, advancing the mainstream adoption of player-centric Web3 gaming products. Additionally, TSM and Blitz intend to use Core to manage user payments and facilitate digital asset buying, trading, and sales.
Blitz, the company’s gaming application boasting 30 million users, will develop its subnet on Avalanche – a custom blockchain network that enables high-speed, low-cost transactions. The partnership will enable Blitz to offer its users a seamless and secure gaming experience, with faster transaction times and lower fees.
“We are excited to partner with Avalanche to bring the benefits of blockchain technology to the gaming industry,” said Andy Dinh, CEO of TSM. “By leveraging Avalanche’s high-speed, low-cost network, we can offer our users a better gaming experience while also advancing the adoption of Web3 gaming products.”
The partnership is expected to have a significant impact on the gaming industry, as it will enable players to own and trade in-game assets securely and transparently. It will also provide creators with new revenue streams and enable fans to engage with their favorite games in new and exciting ways.
“We are thrilled to partner with TSM and Blitz to bring the benefits of blockchain technology to the gaming industry,” said Emin Gün Sirer, Founder of Avalanche. “By leveraging Avalanche’s high-speed, low-cost network, we can help TSM and Blitz create a more immersive and engaging gaming experience for their users.”
The partnership is just the latest example of how blockchain technology is transforming the gaming industry, as more and more companies look to leverage its benefits to create new and innovative gaming experiences. With TSM and Blitz leading the way, the future of gaming looks brighter than ever.