Unity Launches SDK to Enable Developers Monetize their Games with Kin Cryptocurrency
Unity, the world's leading game development platform has launched a new software development kit (SDK) aimed at making it possible for game creators to monetise their mobile games with KIN cryptocurrency, reported The Next Web on January 25, 2019.
Unity and Kin Blockchain Join Forces to Incentive Developers and Players
Per sources close to the development, going forward, mobile games created with the Unity engine will allow players to earn, spend and tip KIN token in-game, and users will also get rewarded when they interact with each other.
Reportedly, players will also get rewarded with Kin cryptoassets when they carry out a vast array of activities on the platform, including participating in groups, helping out other gamers and more.
That's not all, the team claim developers on the Unity engine will have the ability to sell extra in-game lives to players in exchange for Kin tokens.
Interestingly, game studios are not left out of the fun, as there is also a function in the new system that allows them to purchase extra Kin tokens to add to their in-game economies, thereby promoting growth.
A Tall Ambition?
Importantly, the Kin Foundation, the organisation in charge of both the Kik messenger and the KIN virtual currency has reportedly revealed that the entire process of earning, spending, as well as other peer-to-peer transactions to be undertaken by gamers will happen on its blockchain.
While distributed ledger technology (DLT) and digital assets open doors to a whole new world of possibilities across numerous sectors of the economy globally, including finance, healthcare, art and entertainment and more, the issue of scalability remains a critical one for most blockchain networks.
However, the firm has explicitly stated that the Kin blockchain network can handle the entire transactions that the new initiative will bring its way.
The team boasts their network can handle 100 transactions per second, an impressive performance compared to that of the Bitcoin network which only manages to process a meagre seven transactions per second, though the Bitcoin Lightning Network have been touted to be the ultimate solution to the snail pace of Bitcoin.
Explaining why he believes the KIN blockchain is robust enough to withstand massive amounts of traffic, a spokesperson for Kin reportedly told TNW that:
“When we forked Stellar (XLM) to create the Kin Blockchain, we prioritised scalability, knowing fully well that we needed to develop a network that is capable of executing high volumes of transactions from dozens of apps.”