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South Korea’s Largest Social Gaming App GameTalkTalk to Mint Low-Carbon NFTs
Summary: South Korea’s largest social gaming app, GameTalkTalk, has begun leveraging blockchain platform Enjin for the creation of low-carbon, non-fungible tokens (NFT). The social gaming company behind the app, Ludena Protocol, is attempting to attract new users by tokenizing fashion, furniture and pets. By using Enjin’s interoperable bridging network and scaling solution, JumpNet, they can reduce ...
South Korea’s largest social gaming app, GameTalkTalk, has begun leveraging blockchain platform Enjin for the creation of low-carbon, non-fungible tokens (NFT). The social gaming company behind the app, Ludena Protocol, is attempting to attract new users by tokenizing fashion, furniture and pets.
By using Enjin’s interoperable bridging network and scaling solution, JumpNet, they can reduce energy consumption through a relatively new consensus mechanism.
The mechanism, known as proof-of-authority (PoA), refers to a solely permissioned state where only invited parties can participate as nodes on a private blockchain. Using PoA, the companies say they can reduce power consumption by as much as 99.98%, when compared with other networks such as Ethereum or Bitcoin.
By Amy Liu
Tags: GameTalkTalk,NFT,South Korea
Link: South Korea’s Largest Social Gaming App GameTalkTalk to Mint Low-Carbon NFTs [Copy]
