Zebedee Raised $35 Million USD to Develop its In-Game Payments
Colin Smith — July 20, 2022 — Business
References: zebedee.io & venturebeat
'Zebedee' announced a large $35 million USD round of funding that it will use to further develop its in-game blockchain-based payments system. The funding round was led by 'Square Enix,' one of the largest video game publishers in the world. Square Enix has previously expressed its interest in the value of the blockchain and web3 in the gaming space, so this partnership may signify the company's intention to move more concretely toward blockchain gaming.
The Zebedee platform is an all-in-one tool for processing and handling Bitcoin transactions that are tied to any individual game. It is easy for developers to integrate the Zebedee platform into their games to gain access to everything from small, individual transaction processing up to full-scale virtual economy processing with near-zero fees.
Image Credit: Zebedee
The Zebedee platform is an all-in-one tool for processing and handling Bitcoin transactions that are tied to any individual game. It is easy for developers to integrate the Zebedee platform into their games to gain access to everything from small, individual transaction processing up to full-scale virtual economy processing with near-zero fees.
Image Credit: Zebedee
Trend Themes
1. Blockchain Gaming - The partnership between Zebedee and Square Enix signals a growing interest in incorporating blockchain technology into video games, paving the way for disruptive innovations in the gaming industry.
2. In-game Payment Solutions - The Zebedee platform's ability to handle Bitcoin transactions provides an innovative system for developers to easily integrate seamless, secure in-game payments and virtual economies across various industries beyond just gaming.
3. Web3 Integration - The adoption of Zebedee's blockchain-based payment system represents an opportunity for broader integration of web3 technology - creating a seamless, decentralized ecosystem with limitless applications in industries such as finance, healthcare, and retail.
Industry Implications
1. Gaming - Zebedee's blockchain-based payment system is set to revolutionize the gaming industry, empowering developers with the ability to create secure, cross-game virtual economies.
2. Finance - By integrating the Zebedee platform's Bitcoin transaction capabilities, finance industries can explore innovative solutions for secure, decentralized transactions and transparent accounting systems.
3. Retail - Retail industries can benefit from incorporating in-game payment solutions, streamlining digital transactions and reducing fees associated with traditional payment methods.
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