Blue Baikal Forms Strategic Alliance to Push Forward Blockchain-Based Gaming

Blue Baikal, a self-described “third space where consumers, contents, and creators around the world are connected through blockchain technology,” has signed a strategic alliance with Soco Network Technology and Goboogie Games for a blockchain-based game business, according to a press release from the groups.

Soco Network Technology is a game development studio, and Goboogie Games a publisher. Blue Baikal says that “We will work with Goboogie Games, to conduct overall game business centered on blockchain technology such as game development, marketing, and incubation.”

Blue Baikal plans to do the following:

Blue Baikal is planning to introduce a variety of upgraded services through the strategic alliance of this joint project. The works in the current pipeline include game content services using NFT (non-fungible token), and entertainment content crowdfunding using the DeFi (Decentralized Finance) concept. Consequently, industry experts are expecting to see an introduction of many captivating blockchain services grafted into real life.

The idea is to push the advancement of “small and medium-sized entertainment production companies through the blockchain platform” that brings together content creators, gamers, consumers, and more. “It aims for an ideal ecosystem that maximizes the entertainment industry’s growth, profits, and plans to make every effort to distribute legitimate profits to all participants. To this end, the company promises it will not spare support from securing production costs to attracting users after launch.”