Exeedme partners with Ocean Protocol, allowing gamers to monetize their gaming data
“At Exeedme, our mission to become the ultimate blockchain-powered gaming platform generating revenue for gamers of all skill levels is ambitious. At this stage, there is a lot to consider, and the journey is arduous. Luckily, we aren’t on this mission alone. Many talented teams have seen the value in our product & mission and joined us via partnerships. We are happy to welcome one more now to the fast-growing community: Ocean Protocol! Knowing that data is at the center of what we do, this partnership is key to securing our user’s data ownership features,” said Nuno Fernandes, Exeedme co-founder and CEO.
With their innovative technology, Ocean Protocol enables users to publish, discover, and consume data assets securely and privately. Ocean Protocol manifests this in a variety of ways. Data assets and services are represented by unique datatokens that can be published and consumed via crypto wallets, exchanges, and DAOs. Ocean also has a blockchain-powered live marketplace app called Ocean Market, where earnings can expand into selling, staking, and running your own datapool in the marketplace. Perhaps one of their most innovative features is the “Compute-to-Data” model, which aims to eliminate the tradeoff between the benefits of selling private data and the risks of exposing it. The data stays safely in the system while 3rd parties can run predetermined compute jobs on it to generate useful results. Due to their technology’s importance and strength, Ocean Protocol has already attracted several high-profile partners such as Balancer, Chainlink, and Web3 Foundation.
By 2025, the world’s total volume of data is expected to reach 175 ZB (zettabytes). This astonishing amount of data opens up new opportunities in the global data economy, and especially opportunities for users to utilize their data as an asset. It is important to remember that the data itself is not what is valuable but the uses that we find for it later. Data is an asset for many industries and for shaping the AI models of the future. Building a fairer data economy will require more sophisticated models of user ownership, such as the opportunities being presented by Ocean Protocol. Combined with our growing Exeedme platform, the creativity of how a user can create and spend value from their data is expanding.
“Gaming is a multibillion-dollar industry and has relied mostly on in-game purchases for monetization in the past. Ocean’s collaboration with ExeedMe is one of the first use cases for data monetization in the gaming industry. With this collaboration, Ocean Protocol will help ExeedMe generate an additional revenue stream for its users in a secure and privacy-preserving environment. This collaboration will also help Ocean users to get exclusive access to high-quality gaming data,” said Manan Patel, Growth Accelerator at Ocean Protocol.
This partnership solidifies our intentions within the data revolution. Players on the Exeedme platform will be able to monetize their gaming data with a voluntary feature. They will be able to earn $XED just by sharing their performance demos, skill metrics, and gaming stats! No winning of highly competitive tournaments required (although not discouraged). This is a game-changer and is sure to make playing even the most well-established games more attractive on this platform.
We’re thrilled to partner with Ocean Protocol and give our gamers the option to monetize their gaming data. Together in this Exeedme Revolution!
About Ocean Protocol
Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC-20 based datatokens. Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets previously unavailable or difficult to find. On Ocean Protocol, each data service is represented by a unique datatoken, which is used to wrap a dataset or compute-to-data service — this essentially allows third-parties to perform operations on the data without it ever leaving the secure enclave of the publisher.
Exeedme is a trusted and fair Play2Earn ecosystem that allows gamers at all skill levels, developers and gaming communities to monetize their skills and efforts with the power of innovations like DeFi and NFT’s. With Exeedme, gamers can play their favorite games, challenge an opponent, bet on their own victory and earn rewards for participating and progressing, ultimately enabling ALL players to make money off their skills.