GoBlock: Top Chinese Board Game ‘Go’ Player & The Blockchain Inc. Create New Gaming Reward System

Centuries Old Board Game To Be Overhauled Through Blockchain

The internationally renowned player of the Chinese board game Go, Lee Sedol, is currently making efforts to have his cherished game revamped through blockchain. Being one of the youngest professional Go players in South Korea, Lee is recognized as one of the most skilled players of the game worldwide.

Google’s AI AlphaGo Beats World Champion

Sometime in 2016, Lee engaged with Google’s AI, the AlphaGo in a competition. However, the machine beat both Sedol and Fan Hui, a Go player based in France. Regarded as a very intricate game, it makes chess look like child play. Few years following the humiliating defeat, Lee declared that he is working on releasing a blockchain version of the game.

Christened ‘GoBlock’, the venture will be developed in partnership with The Blockchain Inc., a blockchain firm based in South Korea. The firm was established in order to assist users traverse the crypto industry. It also manages CoinUs, a website which was founded with the objective of discharging a wallet as well as a movable gadget that can permit safe keeping of virtual assets.

All Stakeholders To Benefit From Reward System

Both the viewers and players alike are going to gain from GoBlock once it becomes operational. As a matter of fact, players in countries such as South Korea, China and Japan will be in a position of competing in international specialized leagues.

According to Lee, setting up a reward system will be instrumental since players, fans, spectators and all promoters in the league will benefit. In case you are a beginner, you will still rejoice since the platform will be comprised of amateur leagues which will offer sound training for learners. GoBlock is also expected to promote records of all the competitions for future references.

Lee confirms that he was attracted to the blockchain technology as a result of the pellucidity and subsidiarity structures of blockchain. He also believes that a combination of the blockchain technology and token economy is likely to develop and increase the bionetwork of the game to a whole new level. This is also likely to establish unanticipated modifications in the ecosystem of the game.

Games Being Centered On Ethereum After Cryptokitties

The building of GoBlock is largely expected to be founded on the Ethereum network, with its platform being established on blockchain protocols. The issuing of tokens will be done as a reward system in order to offer the much-needed support to players, competition records and leagues.

Over and above, the invention of GoBlock is a clear indication that the blockchain technology has eventually reached the gaming industry. Few weeks ago, a report from CNN indicated that there was a crowdfunding campaign for Zombie Battleground, with the commencement of CryptoZombies.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide