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Nairobi Business Monthly
Home»Technology»Kenya’s gaming industry to benefit from blockchain
Technology

Kenya’s gaming industry to benefit from blockchain

Ruqaiah Al MeriBy Ruqaiah Al Meri3rd April 2023Updated:3rd April 2023No Comments2 Mins Read
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A gaming company, Zone has unveiled an e-sport blockchain platform with $250 monthly prize
The blockchain gaming company launched the revolutionary crypto-gaming platform that promises to change the way gamers play and earn in Kenya.

The web-based platform has been built over the Algorand blockchain technology, which enables instant payouts of rewards along with extremely low transaction fees, and ensures complete trust and transparency.

Zone allows players to earn cryptocurrency rewards for their gaming skills, opening up a new world of possibilities for players to monetize their passion for gaming.

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Targeting E-sport and Casual gamers with internet-enabled devices such as laptops and smartphones, Zone is the first gamefi ecosystem on the Algorand blockchain that combines on-chain gaming challenges, yield farming, and NFTs to create a play-to-earn ecosystem, using the native Zone token.
The Zone gaming platform enables gamers to earn daily. Users can earn in excess of $500 per month by playing the AAA games, Zone Fantasy and Zone Games.

With 18,000 users visiting the platform daily, Zone is re-shaping how gamers – both professional and casual, earn tokens that can be later converted to the local currency.

Gamers will be able to acquire $ZONE from any Algorand-based decentralized exchange.
Players may also use the platform to pay participation fees via paid pools and earn rewards, as well as purchase gift cards from the Zone Marketplace.

Additionally, users who hold the Algorand token may be able to benefit in the long term, especially if Algorand starts going toward previous all-time highs of $3.41, as seen in 2019.  At present, the price is approximately $0.20 per token. 

The recent United Nations Conference on Trade and Development (UNCTAD) report indicates that Kenya has the largest share of its population with cryptocurrencies in Africa.

The report indicates that 8.5% of the population (or 4.25 million people) own cryptocurrencies in the country.

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Ruqaiah Al Meri

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