Eidos, Microsoft Launch Blockchain Gamebook And VET Token Buyback Send VeChain’s Price Soaring

  • The new blockchain game is based off of “The Way of the Tiger,” which was a best-selling gamebook in the 1980s.
  • Blockchain-based games have increased in popularity since CryptoKitties by Ethereum was published last year, congesting the network.

One of the first gamebooks to launch in the 1980s was “The Way of the Tiger.” Considering the way that the tech industry continues to try and bring in additional users in, it should come as no surprise that the VeChain ledger has shown interest in making the 1980s hit into a blockchain game.

The ledger has already gained support from Microsoft and Eidos, but the cryptocurrency community appears to be one of the most excited groups, pushing the VET token up by 25% this morning.

Eidos and Fable will be working with the game’s author, Jami Thomson, to make this project into a reality. Microsoft will also be lending its resources, as the group prepares to launch on the VeChainThor ledger, chosen for its substantial scalability. Furthermore, the use of this ledger allows for both cards and items to be created, but “without having to deal with all the crypto stuff.” Based on the roadmap, the game is scheduled for its relaunch to the public in 2020.

Blockchain games have picked up in popularity ever since Ethereum launched their game CryptoKitties last year. In 2018, Ethereum’s network was faced with substantial congestion as the community grew in their interest. The cost of transaction fees rose quickly with the congestion.

As the news broke of the new project came out, the price of the VET VeChain token rose quickly by 25% At the time of writing, the value of VET was $0.007446, now up by about 11.65% in the last 24 hours.

One analyst of Crypto Twitter, CryptoMichNL, follows VET frequently posting charts and forecasts for the token. He actually predicted VET’s rise earlier, and he praised his own prediction on Twitter, simultaneously congratulating the involved community.

The community for VET is now discussing the rise in price as well, as some consumers wonder what the cause of the pumped price. Luckily, individuals that have heard the news are filling them in, simply stating, “Microsoft.”

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