Industry Veteran Andrew Saunders Joins SKALE Labs as First Chief Marketing & Growth Officer

/

May 3, 2024

SKALE Network Partners with Fyx Gaming to Launch CryptoFights | SKALE

SKALE Network

For as long as the gaming industry has existed, maintaining player engagement and studio revenue presents a significant challenge. With player preferences continually shifting and increasing competition, traditional monetization strategies are proving less effective. Amidst this changing landscape, Fyx Gaming emerges as a frontrunner, spearheading new approaches to engagement and monetization through innovative use of blockchain technology. This pioneering spirit has led to a promising partnership with SKALE, the world’s fastest blockchain network, to launch their flagship game CryptoFights in the near future.

Fyx Gaming, known for its platform that facilitates the trading and monetization of in-game assets, enables continuous revenue streams for studios while enhancing player engagement through dynamic market economics and direct ownership of game assets. This approach not only revitalizes revenue models for gaming studios but also significantly enriches the player experience by integrating the next generation of Web3 gaming seamlessly. CryptoFights, the flagship game from Fyx Gaming, is an immersive fantasy combat game that offers deep strategic gameplay and a thriving player-driven economy, where every item holds real-world value and is fully tradable.

The partnership with the SKALE leverages the network’s unique capabilities to enhance the gaming experience. The decision to choose SKALE was influenced by several of its distinctive features, notably its zero gas fee structure which allows players to engage in the digital economy of CryptoFights—trading and managing assets—without the need to acquire base cryptocurrency to pay for transactions, simplifying the entry into blockchain gaming.

SKALE Network is a decentralized modular blockchain network specifically designed to bring scalability and lower costs to Ethereum-compatible blockchains. By offering high-speed consensus and no gas fees, SKALE makes it feasible for developers to run smart contracts at the speed and complexity required for blockchain based games, without forfeiting performance. For games like CryptoFights, SKALE provides a critical infrastructure that supports continuous in-game trading and complex player interactions, features that are cumbersome on traditional blockchain platforms.

From the team at Fyx Gaming, Adam Kling, Founder & CEO, shared his thoughts on the partnership: "SKALE was an ideal blockchain to use with our FYX Gateway because it provides gamers a way to collect and trade their digital items without the need for obtaining a cryptocurrency. Mainstream gamers don’t care or want to go through the hoops of web3 and just want to play, and SKALE provides that for us with our Digital Item Management solution of the FYX Gateway."

This collaboration between SKALE Network and Fyx Gaming is more than just a technological integration; it is a strategic move poised to redefine the boundaries of blockchain gaming, making it more accessible and engaging for a broader audience. As the gaming world continues to evolve, partnerships like these are crucial in shaping the future of gaming economics and player interaction.

About CryptoFights

CryptoFights Website

CryptoFights Twitter

CryptoFights Discord

CryptoFights YouTube

About SKALE

SKALE is the world's fastest blockchain, designed for fast, secure, user-centric Ethereum scaling. SKALE chains offer zero gas fees to end-users and have advanced features such as AI/ML smart contracts, on-chain file storage, interchain messaging, zero-cost minting, and enhanced security features.

The SKALE Network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.

More Information on SKALE

Deploying a Dapp on SKALE

Read SKALE Primer

Learn more about the SKL Token

Build on SKALE

The SKALE Innovator Program for developers includes grants, consulting, Marketing & PR, engineering support, QA support, and investor introductions.

Apply to the Innovator Program