Before Web3 revolutionized the internet, the video game ecosystem struggled to create sustainable revenue streams that included all stakeholders. To support video game companies that want to add NFT to their total revenues, Barakatech offers its solution: the QAF platform.
ANKARA, Turkey – (BUSINESS WIRE) – Turkish company Barakatech has developed the QAF tokenization platform that allows video game studios to quickly and seamlessly integrate NFTs into their gaming ecosystems, eliminating the costs and software associated with this development process. Barakatech’s platform, ranked among the top 20 innovative companies in Turkey by Fast Company magazine, allows video game studios to integrate non-fungible tokens (NFTs) into existing gaming infrastructures. Equipped with a white label solution for fast NFT integration, the QAF platform eliminates the need for additional resources for smart contract skills or IT support.
State of Crypto 2022, authoritative research published by Andreessen Horowitz (a16z), shows how NFTs offer a whole new avenue to monetize gaming communities. Cagatay Karabulut, a leading venture capitalist at Bogazici Ventures, the leading Turkish venture capital firm, and co-founder of Barakatech, said: “Even tech firms struggle to find an NFT-based income model and end-to-end solution. to-end tailored to their needs “, adding that they initially positioned QAF as a platform for gaming companies to offer intuitive and easy tokenization, but that right now use goes beyond gaming companies to reach every corner of the world. Web3 ecosystem.
Already used by four video game companies before launch
Designed to be a constantly updated platform, QAF offers quick and easy integration using the REST API and the ability to create NFTs via its ERC-20 game token integration thanks to its Ethereum blockchain compatible structure. , resulting in an end-to-end solution that allows for effortless NFT trading.
With the QAF platform, NFT production can be customized using ERC-721 and ERC-1155 token standards. Prior to launch, QAF has already been used successfully by four gaming studios, distinguishing itself from the competition by its ability to access player profiles and NFT analytics. Tuna Orbay, co-founder of Barakatech, said: “QAF has no development costs; it is a true full service offering. Companies with a vision of creating their own new market spaces can design new revenue models using QAF. Our QAF infrastructure enables features such as auctions and bidding using ETH, BST, Binance and Polygon MATIC. ”
+31 30 799 60 22
Source: http: //www.businesswire.com/news/home/202211010050 …