Nodeseeds invests in Bitspawn

Bitspawn leverages blockchain technology to revolutionize the gaming industry. Nodeseeds secured a slice of the virtual pie for our NDS token holders.

Video games are globally recognizable whether you started with a Donkey Kong arcade machine or flossing to Fortnite. Previously relegated to nerds and the woefully bored, the PC gaming market alone now represents a $37 billion opportunity. Companies want a piece of this prime real estate and have kicked open the door to sponsorships and partnerships for top gamers. However, these perks are currently relegated to the top echelon of competitive players. While the best of the best get paid to play, the rest of us continue to rummage through our pockets for another quarter.

Bitspawn unlocks the long tail value of the video game sponsorship market via its tokenized blockchain platform. Their SPWN token acts as the medium of exchange between players, sponsors, and developers who utilize the network. Built on the Solana blockchain, Bitspawn is a fresh approach to esports built on a relatively new blockchain. As distributed technology disrupts various industries worldwide, Bitspawn is well-positioned to take advantage of the untapped latent value in the global esports marketplace.

In true gamer fashion, Bitspawn utilizes an algorithm known as Proof-of-Respawn (PoR), which compliments the Solana network’s Proof-of-Stake architecture. This architecture incentivizes players to both compete in and build their own competitions to accrue rewards within the network. The most active and successful players within the Bitspawn ecosystem receive larger proportional rewards than their less-involved counterparts. In this way, Bitspawn fosters a community-oriented and driven esports network.

Bitspawn understands the incredible latent value of the positions they respectively occupy within the esports and blockchain industries. As such, the protocol allows users large degrees of freedom when it comes to developing their own communities within the Bitspawn ecosystem. Users can form guilds and other community configurations and cooperate or compete with one another across any configuration of games. The inclusion of developers and sponsors allows for continuity between selected games and introduces new opportunities for interoperative value.

The speed at which grassroots community involvement can give rise to incentivized event organization remains at the heart of the Bitspawn protocol. The current environment of manual networking, venue procurement, and securing sponsorship requires digital optimization. Bitspawn accomplishes this via their decentralized blockchain network. The Bitspawn DAO ensures that network participants with the most skin in the game maintain the greatest proportional stake in network governance. The native Bitspawn NFT marketplace allows users to mint both events, in-game occurrences, and assets into NFTs directly on the platform.

Whether you’re a casual gamer seeking more equitable community involvement or a hardcore professional, the Bitspawn network magnifies your opportunities to benefit from playing the games you love. The Bitspawn team understands that accessing the long tail value of the global video game industry represents a multi-billion dollar opportunity. While many companies seek to unlock this latent value, Bitspawn is a first-mover in intersecting blockchain technology, competitive esports, and grassroots community involvement.

Need a break from Super Mario? Check out the Nodeseeds Medium page to find a large and growing array of documentation about our growing list of investments and partnerships. Our monthly investment letter serves as your strategy guide for understanding the massive value we deliver to NDS token holders. Don’t miss out!

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