Barakatech's QAF platform offers fast and seamless NFT integration for gaming companies
Nov 1, 2022
The video game ecosystem struggled to build sustainable revenue streams that include all stakeholders until Web3 revolutionized the internet. Barakatech has developed its QAF platform as a solution to support video game companies that want to add NFTs to their revenue mix.
Ankara, Turkey - November 1, 2022 /MarketersMEDIA/ —
Turkey-based Barakatech has developed the QAF tokenization platform that enables video game studios to integrate NFTs rapidly and seamlessly into their game ecosystems, eliminating costs and software associated with this development process. Barakatech’s platform, ranked as one of Turkiye’s top 20 innovative companies by the Fast Company magazine, enables video game studios to integrate Non-Fungible Tokens (NFTs) into existing game infrastructures. Featuring a white-label solution for speedy NFT integration, the QAF platform removes the need to in-source extra resources for smart contract expertise or IT support.
The influential a16z 2022 State of Crypto research published by Andreessen Horowitz reports on how NFTs offer a brand new direction to monetize gaming communities. A key venture capital investor in Turkiye's leading VC Bogazici Ventures and CEO Co-Founder of Barakatech Cagatay Karabulut said, “Even tech companies are struggling to find an NFT-based revenue model and an end-to-end solution that is fit-for-purpose,” adding that they had initially positioned QAF as a platform for gaming companies offering intuitive and easy tokenization, but that currently, usage is moving beyond gaming companies to reach all corners of the Web3 ecosystem.
Already in use by four gaming companies pre-launch
Designed to be a constantly updated platform, QAF offers easy and rapid integration using REST API and the ability to mint NFTs via its ERC-20 Game Token integration thanks to its Ethereum blockchain-compatible structure, resulting in an end-to-end solution that enables effortless NFT trading.
With the QAF Platform, NFT production can be customized using ERC-721 and ERC-1155 token standards. QAF has already been successfully used by four game studios before launch, standing out from the competition due to its ability to access player profiles and NFT analytics. Barakatech Co-Founder Tuna Orbay commented, “QAF has no development costs at all; it is a genuine full-service offering. Companies that have the vision of creating their own new market spaces can design new revenue models using QAF. Our QAF infrastructure allows features like auction selling and bidding using ETH, BST, Binance, and Polygon MATIC.”
Contact Info:
Name: Tuna Orbay
Email: Send Email
Organization: Barakatech
Phone: +31 30 799 60 22
Website: https://www.qafnft.com
Release ID: 89083962
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
More News
Why Jenna Ortega Is Stepping Away From TV After Wednesday
Jenna Ortega has mastered the art of playing creepy, kooky, mysterious and spooky. So, it's understandable that the Wednesday star might want to distance herself slightly from the iconic Addams...
Dianna Agron Seemingly Reacts to ‘Glee’ Reboot News with Quinn Fabray Dance Video
Dianna Agron is seemingly hinting at her return to Glee! The 40-year-old actress played the role of Quinn Fabray in […] The post Dianna Agron Seemingly Reacts to ‘Glee’ Reboot News with Quinn Fabray Dance Video appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Amanda Seyfried joins Ramy Youssef's new A24 movie
Amanda Seyfried will star alongside Ramy Youssef and Sharon Stone in a new A24 comedy called <i>Martha & Muhammad</i>, written and directed by Youssef.
Laika’s First PG-13 Film, Brad Bird’s Neo-Noir and an Alzheimer’s Memoir: Animation’s Revolution Isn’t for Kids
The MPA gave “Wildwood” a PG-13 for “strong fantasy violence/bloody images, thematic material, suicide-related material, brief partial nudity and language,” which is a mouthful for any movie and an especially wild one for a stop-motion picture about a girl hunting for her kidnapped baby brother. It’s the first PG-13 in Laika’s 17 years as a […]
Chaka Khan to Be Honored at Soul Train Awards (TV News Roundup)
Chaka Khan will receive the Classic Soul Honor at the 2026 Soul Train Awards, celebrating the singer-songwriter’s influence on R&B. Across her career, which spans more than five decades, Khan helped shape the sound of soul, funk and R&B with her music, including hits like “Tell Me Something Good,” “Sweet Thing,” “Ain’t Nobody,” “I’m Every […]
Tom Hanks to bring 'This World of Tomorrow' to a bigger stage
Tom Hanks to bring 'This World of Tomorrow' to a bigger stageTom Hanks is returning to Broadway in fall 2027. The two-time Oscar winner, 70, is set to star in This World of Tomorrow, a play he co-wrote with James Glossman. It will also be his first Broadway role in more than 14 years....
‘Line of Fire’ Gets Full 18-Episode Season Order at NBC
“Line of Fire” has been given a full 18-episode season order at NBC. The freshman action thriller series is one of the fall season’s breakout hits, with NBC’s best delayed-viewing lift in more than three years. Initially slated for 13 episodes, NBC gave a back order to five additional scripts with the hope of extending […]
‘Line Of Fire’ Gets Full 18-Episode Season Order At NBC
NBC has handed a back 5-episode pickup to its Monday night freshman drama hit Line of Fire, bringing its order to a full-season 18 episodes. It’s not a surprise. The drama, starring Peter Krause and Hope Davis, about a family of federal law enforcement agents entangled in a mystery, is one of the breakout stories […]
Is Caleb Williams Single or Dating Anyone? Last Known Girlfriend, Revealed
Chicago Bears quarterback Caleb Williams will be playing in a Thursday Night Football matchup against the New England Patriots today […] The post Is Caleb Williams Single or Dating Anyone? Last Known Girlfriend, Revealed appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
The 7 Best Crime Thrillers to Watch on Netflix After ‘Animals’
From "The Girl with the Dragon Tattoo" to "Nightcrawler" The post The 7 Best Crime Thrillers to Watch on Netflix After ‘Animals’ appeared first on TheWrap.
Emmy-winning actor Tom Skerritt, with roles in Alien and Top Gun, dies at 93
Tom Skerritt, the Emmy-winning actor who embodied a solid, wry authority figure, whether as a flight instructor in Top Gun, a tough-but-fair sheriff on TV’s Picket Fences or the doomed captain of Alien, has died. He was 93.
Jenna Ortega Plans To “Be Off The TV For A While” After ‘Wednesday’
After wrapping production on Season 3 of Wednesday last month, Jenna Ortega is looking forward to exploring new roles in the future. The Emmy nominee explained that she will “probably be off the TV for a while” after completing the Tim Burton-directed Netflix series from creators/showrunners/EPs Alfred Gough and Miles Millar, noting that she wants […]
Recommended
Raye Wins Mercury Prize for Album of the Year
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.