GameCredits, the Los Angeles–based IT and financial company with a mission to deliver blockchain-based products to a mass market in the gaming industry, today announced its GAME token is listed on the popular Chinese cryptocurrency exchange Yuanbao.
GAME’s listing on Yuanbao allows it to be traded for the Chinese currency CNY, alongside other top global cryptocurrencies including Bitcoin, Litecoin, Zcash and more. Considering Chinese enthusiasm for gaming and cryptocurrencies, GAME’s listing on Yuanbao is an omen for continued success in penetrating the Chinese market. GAME has already reached the top five in highest trading volumes on Yuanbao.
Sergey Sholom, Vice President of Business Development at GameCredits said:
GameCredits allows developers to accept GAME to securely purchase in-game items more conveniently than traditional payment alternatives. Developers achieve substantial savings over traditional revenue models, and receive immediate payout of their earnings. They control their economies by promoting and incentivizing GameCredits payment options, and benefit from cross-promotion of other games in the ecosystem. Users can purchase GAME directly within their own GameCredits wallet with USD, Euro, and Bitcoin, as well as on major exchanges including Bittrex and Poloniex.
GameCredits recently announced its integration partnership with the global gaming development company with 12 million users, Datcroft Games, known for creating beautiful game worlds. The first game to integrate GameCredits is MMORPG Fragoria, the popular web-based, free-to-play multiplayer game, available for play and exchange using GameCredits in early December.