Many early blockchain games are likely to suffer from restricted gameplay for the conventional computer systems. However, with the elevated understanding of digital ledger technology, the developers are gaining a better grip on the performances of the games. Furthermore, large game creators have already started to utilize the possibilities of blockchain games.
Despite its relative infancy, several foundational solutions and use cases are starting to showcase blockchain’s immediate potential and pique the interest of media organizations. One such example is blockchain’s role in verifying the provenance and pedigree of assets to enable collaboration across the industry.
Today (July 23), we learn that Bytedance has acquired Jukedeck, a UK-based AI Music startup which has raised $2.5m to date from investors such as Cambridge Innovation Capital, plus Parkwalk Advisors, Backed VC and Playfair Capital. Guess what Jukedeck specializes in? Yep: creating royalty-free music for user-generated online videos.