In an exceptional statement, Kriptomat, a European fiat-to-crypto exchange, has announced a world-first trading feature that lets investors gamify their trading experiences by using ERC-1155 non-fungible tokens.
Kriptomat will use the Enjin platform to assimilate the Ethereum-based tokens into its interchange platform. The exchange stated that this indicates the first time that a cryptocurrency exchange has selected to accept blockchain-based virtual items to gamify user experience.
In the month of September 2018 Coin Rivet took you details about the formation and use cases of Ethereum ERC-1155 tokens. These non-fungible tokens can signify items such as figurines or medals that are fully held and movable across the Ethereum blockchain.
To date, the largest presently adopted application of non-fungible tokens is that the renowned CryptoKitties project that uses the ERC-721 commonplace.
Unlike the favored ERC-20 and ERC-721 tokens (that need a separate contract for every token), ERC-1155 is much a lot of economical because it stores the ‘common’ knowledge in an exceedingly central sensible contract. With this, you may considerably optimize the number of fees or ‘Ethereum gas’ needed to form and transfer tokens in an exceedingly given sensible contract platform.
Kriptomat can natively integrate ERC-1155 tokens thus users will receive commercialism points, referral rewards, collectibles, and things that give commercialism discounts.
Many top-tier blockchain game developers, as well as War of Crypto, 9Lives Arena, CryptoFights, Forest Knight, Cats in Mechs, and Alterverse, have conjointly expressed interest in integration Kriptomat collectibles into their games, which implies traders could presently be ready to earn valuable blockchain-based play things just by victimization the Kriptomat exchange.
Kriptomat can integrate the ERC-1155 tokens into its platform to permit users to receive commercialism points, referral rewards, collectibles, and playthings, all of which can give commercialism discounts.
It has been rumored that many blockchain game developers like War of Crypto, 9Lives Arena, CryptoFights, Forest Knight, Cats in Mechs, and Alterverse have expressed interest in integration Kriptomat collectibles into their games. This implies traders could presently be ready to earn valuable blockchain-based play things by merely victimization the Kriptomat exchange.
To celebrate their adoption of the Enjin platform, Kriptomat is hosting a giveaway of Kriptomat Founders’ Tokens for all users. This exclusive assortment of tokens can modify holders to require advantage of perpetual rewards and future giveaways on the platform.
It can be aforementioned that the gamification part of traders selecting and flipping ICO tokens for the maximum amount profit as the potential was a key think about inflicting the speculative mania in crypto assets throughout the 2017 pitched battle.