Company Behind Fortnite Epic Games Partners With Blockchain Gaming Platform The Abyss
Epic Games, the company that developed successful videogame Fortnite, announced that it has partnered with blockchain game distribution platform The Abyss in a press release shared with Cointelegraph on May 23.
The press release notes that the partnership will allow developers on the platform access to the Unreal Developers Network. Epic’s Unreal Engine requires developers to make quarterly payments equivalent to 5% of their returns, once they earned over $3,000.
The engine is often employed by so-called triple-A or blockbuster games, and is known for being one of the engines capable of providing the most advanced graphics. An Epic Games spokesperson commented on the partnership in an email sent to Cointelegraph:
“The program is aimed at attracting more gaming studios and titles to The Abyss platform, as well as supporting Unreal Engine developers in cryptocurrency adoption. More specifically, they will be able to accept ABYSS tokens both for game and in-game purchases in legal and easy-to-use way.”
While the details of the partnership are unclear, an Epic Games spokesperson reportedly said in an email to cryptocurrency news outlet Coindesk that developers using Epic’s game engine won’t need to sign a separate agreement.
As Cointelegraph reported in April, blockchain-powered gaming platform Unitopia has received $5 million in funding from a group of investment and financial services companies.
In March, blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1(R) to publish a blockchain game based on the world-renowned racing series.
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