Arcana Network partners with Fabwelt to enhance the multi-game ecosystem

Arcana network, a decentralized storage platform, has joined forces with Fabwelt, a gaming metaverse platform creating a unique gaming experience for their players. Fabwelt comes with in-game NFT technology, Defi, and Play to Earn integrated into its core features. The NFTs in the game are not only collectibles but involve staking opportunities and in-game farming. Most projects use NFT as collectibles, but Fabwelt tried to increase the use cases by building a multi-game ecosystem with various categories like Strategy, Simulation, 3D first-person shooter, etc. It aims to provide access to all the above categories on a single platform while using in-game NFTs as collectibles, strategic utilities, and assets, giving gamers a fun-filled experience with the Play and Earn concept.

However, with a community of 50,000+ gamers, Fabwelt token is planning to launch its third game by the end of 2022. It aims to create a single platform to en route gamers in their multi-game ecosystem and use NFTs to a larger extent. To make the onboarding process smooth and scalable, Fabwelt would take the help of Arcana Auth SDK to develop a non-custodial wallet by using the emailId of the user that can store their assets. Moreover, this smooth onboarding would considerably reduce their bounce rate.

Fabwelt would use the private NFTs of Arcana to build up their marketplace. Private NFTs were owner-controlled NFTs that included a DID link to an encrypted file that the NFT owner could only decrypt. These NFTs can be traded on the gaming marketplace of Fabwelt and minted on any EVM chain. Arcana is happy to onboard Fabwelt and to support them in their growth. As per onboarding commitment, Arcana would assist Fabwelt by providing support in the products, growth, community building, and launching their new ventures on Arcana’s Mainnnet.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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