Gaming Platform FirstBlood Announces New Blockchain

Blockchain, News | December 17, 2019 By:

Gaming platform FirstBlood has announced the upcoming launch of its new blockchain.

Founded in 2016, FirstBlood is a gaming platform that serves gamers around the globe, who are earning rewards for playing well-known video games such as Dota2, PUBG (PlayerUnknown’s Battlegrounds), and PUBG mobile. The company utilizes the power of blockchain to enables players to play, earn and wager diverse crypto assets on games, and to directly challenge each in order to win rewards.

The company’s new blockchain, called Dawn, will enable FirstBlood’s community of more than 200,000 users to wager cryptcurrencies, and compete directly with one another on some of the world’s most popular video games. DAWN token will launch alongside the blockchain and act as a staking and governance token for the new Cosmos Network. The firm is also utilizing Tendermint consensus to maintain Ethereum as its top layer, benefiting from the platform’s reputation and potential for maintaining token ownership and transactions.

“When I founded Firstblood, my goal was to use decentralized wagering and conflict resolution to solve issues in the esports community,” said Joe Zhou, Founder and CEO of FirstBlood. “However, the challenge has been finding a platform that can scale to meet our needs, while accommodating a legion of passionate gamers that are eager to meet and compete. In Tendermint and the Cosmos Network, we have finally found that solution. We’re extremely excited to open up this platform to our supportive community of users and have them experience fun and frictionless esports wagering.”

According to the firm, the Dawn blockchain is built using the Cosmos SDK, which provides application-specific blockchains with the functionality of interoperability, enabling them to communicate and simultaneously bringing an end to the current siloed nature of blockchains. Cosmos also enables FirstBlood to maintain blockchain sovereignty, process transactions quickly, and ensure fast finality.

“We have been working continuously to allow highly skilled amateur gamers to earn money on their hobby, and this transition to the Cosmos SDK will foster the scalability and growth that the FirstBlood platform needs, whilst maintaining the functionalities we already had,” said Zhou.