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Ethlas

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The total fiat value of assets in a dapp's smart contracts
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News

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What is Ethlas?

Ethlas — Steam's blockchain gaming platform, hosting a library of both proprietary and third-party crypto games. Players compete in various skill-based games to earn $GEM (in-game currency) by placing on the leaderboard and participating in tournaments.

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Ethlas

About the Ethlas project

The platform aims to become a truly interoperable metaverse,using blockchain technology to usher in the era of mass consumer gaming that generates profit for players. By turning gaming from a hobby into a legitimate source of income, the developers believe that Ethlas (and other Game-Fis) have the potential to spark a new wave of the cryptocurrency-based economy.

Balanced incentive structure for multiple stakeholders:

1. F2P players are interested in earning cryptocurrency while having fun, playing Ethlas games, turning games into profits and not just a waste of time for a hobby.
2. P2E players can create revenue streams by lending their NFTs to experienced players to farm $GEMS on their behalf. The profit is divided between players who invest money (managers) and players who invest their skills and efforts.
3. Game studios maintain a symbiotic relationship with Ethlas. The studios are focusing on creating quality games while Ethlas maintains the sustainability of the rewards platform and active player base.
4. Internet 2.0 and 3.0 corporations can be connected to the ecosystem to reach the next billion cryptocurrency users through sponsored prize pools and partnerships.

There are countless GameFi projects out there, but they mostly focus on economics. However, Ethlas positions itself as a “Play-first” game, where it is more about fun games with a cryptocurrency mechanism. Current games are mostly developed in-house, but Ethlas will work with well-known game studios where they can host their games on the platform. As owners of Komos, $GEM and $ELS, you will become part of the Ethlas ecosystem to earn various forms of income and special access to exclusive games.

More about defi gaming app

Ethlas will partner with game studios to launch their games on our platform and participate in a revenue sharing model. Game studios will go through an approval process by the Ethlas team to ensure listings are of the highest quality and in line with what the Ethlas community is looking for.

Through this partnership, game studios can go to the public faster without spending money/energy on marketing their product, but focusing their resources on game development. At the same time, players can experience a wide variety of game types from reputable developers.Ethlas

You can get more information through the WhitePaper document. Thus, all participants can learn the features of the project and the rules of the game. Also, there is a RoadMap with future updates. From social networks, the community leads:

Subscribe to stay up to date with the news. The smart contract was not audited.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.