The creator of Fortnite, Unreal Engine, and Gears of War has made several announcements in recent weeks about its plans for the future of gaming.
Epic Games has been one of the leading gaming platforms in the industry for several years now, and it’s not surprising that publishers want to capitalize on the ever-growing popularity of blockchain technologies and metaverse initiatives.
Just a week ago, Epic Games unveiled its latest Unreal Engine 5, which was said to be a “generational leap in technology capabilities”, featuring “next-generation real-time 3D content”. Many assumed that these technologies will include in-game virtual reality experiences, NFTs and play-to-earn initiatives.
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— Unreal Engine (@UnrealEngine) Apr 5, 2022
While this didn’t indicate anything concrete, the April 7 announcement of the partnership between LEGO and Epic Games has allayed those doubts. According to the post, the two companies will prepare a digital playground where children can participate in various activities in a safe and family-friendly environment.
Speaking about the partnership with Epic Games, LEGO Group CEO Niels B Christiansen stated:
“Children love to play in the digital and physical worlds and move seamlessly between the two. We believe there is huge potential for them to develop lifelong skills such as creativity, collaboration and communication through digital experiences. But we have a responsibility to making them safe, inspiring and beneficial for all.”
In fact, on April 11, Epic Games secured a $2 billion joint funding round from one of the largest tech companies Sony and a Danish investment company Kirkbi. With the latest investment, Epic Games is valued at a total of $31.5 billion.
Epic Games CEO and Founder Tim Sweeney commented on Sony and Kirkbi’s contributions, stating:
“This investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences, and creators can build community and thrive.”
Epic Games isn’t the only well-known publisher to announce metaverse initiatives. PUBG’s development team KRAFTON teamed up with Solana Labs to launch earnable gaming apps and services.
by Dom Z. – Crypto Analyst, BitDegree