SEOUL, South Korea, April 20, 2020 /PRNewswire/ -- Vinetree Corporation, makers of South Korea's top gaming social media app, GameTalkTalk, has officially announced the launch of their new blockchain project 'Ludena Protocol.' Ludena Protocol is a gamified social platform for worldwide gamers. The project's aim is to create a comprehensive gaming-centric platform with aspects including: Reward-based social media DApp, matchmaking P2P gaming platform and fee-less digital item exchange.
Ludena Protocol's first platform, GameTalkTalk, has been rewarding gamers for playing their favorite games, such as Minecraft and Clash Royale, for over 7 years. Users receive digital assets, or "stars," for completing in-game missions and/or downloading new games. These stars, once accumulated, can be used to buy gift cards from stores like Starbucks, Burger King or the Google Play store. Previously, this opportunity was only made available to gamers in the Korean market, however, in Q2 of 2020, GameTalkTalk will be accessible to players from all over the world. Upon release of the global version of GameTalkTalk, the rewarded digital asset will be converted from stars to LDN, a token that can be used within the Ludena Protocol ecosystem.
The app's algorithm checks user's mobile gaming information, such as money spent in each downloaded game and how often the user plays each game. This big data is collected and used to match gaming companies to players who would be more inclined to spend time/money in their game genres. Over the years, GameTalkTalk has accumulated over 200 world-renowned game publisher clients, and has greatly helped these companies overcome the marketing challenges of today, by effectively targeting their marketing dollars.
The team plans to leverage their extensive experience with domestic mobile app successes and distributed ledger technology to reach an international audience and expand the platform with various gaming verticals. "From a global perspective, the number of games using blockchain and cryptocurrency is increasing at an attractive rate," said Ludena Protocol's CEO, Joshua Kim, of his decision to incorporate a new technology to his already successful application of over 3 million users.
The CEO went on to say: "A single definition for Ludena Protocol is: The platform that gives significance and incentives to worldwide gamers." Many people around the world have only dreamed of getting paid for gaming. With gameplay at an all-time high due to the global restrictions inflicted by the Coronavirus, Covid19, Ludena Protocol is a timely arrival to finally reward the world's gaming community.
SOURCE Vinetree Corp