The CEO of IOHK and founder of Cardano (ADA), Charles Hoskinson, is set to finalized the acquisition of a 1992 RPG game Legend of Valour, with the aim of re-mastering and rewriting the game in coming years.
This project according to him is not related to IOHK or Cardano, but rather driven by his personal passion. The gaming will have an in-game reward token, and it is designed in such a way that it would help restore developing countries’ economy by kick-starting investment opportunities in some African countries where he plans focusing the platform.
Hoskinson plans to incorporate blockchain technology into the gaming platform. He explained that he would be exploring ways through which a blockchain-based distribution system would be incorporated into the game via workshops and studios to be hosted and cited in central Africa.
The CEO who believes more in research and development said a team that will disassemble the game’s compiled code to gain access to the source code has already been set up.
Hoskinson noted that the first assignment will be to redo the unfinished ending of the game, as the team would develop an increased quality version.
Speaking further on improving the quality of the game, Hoskinson said the new version is likely to be released in form of open-source code and enable all to play the game for free. The game will be enhanced to a level that it will be playable on the PC.
Hoskinson has specifically chosen central Africa as the site for this project. This is similar to the vision of IOHK. In addition, the IOHK CEO said he is enthusiastic to find out if a game dispersion system could be developed using a blockchain back-end.
However, while Hoskinson continues to develop the game, Cardano can be used to issue an exchangeable token inform of an in-game asset, such as rare coin and armor.
The game regulator could, however, allow users to purchase in-game assets using microtransaction. Also, users who purchase the game will have the privilege to register via a decentralized regulator.
It took Hoskinson over a year and a half to seal the acquisition of the Legend of Valour game. Considering the fact that Hoskinson develops projects gradually, it is likely to take years to release a remastered version of the game.
Nevertheless, the acquisition is indeed a plus for Cardano, as the game is likely to serve as a testing venue for the blockchain to research its application in gaming.
In the same line, the project will rejuvenate the economies of developing countries such as Rwanda. If the game is able to garner adoption in Africa, one of Cardano’s long time goal would have been met.