Blockchain Platform Enables Trading of Digital Assets in Mobile Games

A blockchain mobile gaming platform says it allows players to get the "True ownership" of their digital assets and enables "Secure trading" with other users.

Itam Games has created an ecosystem, which includes a store and exchange, in which users can trade their in-game digital assets - or nonfungible tokens - such as achievements, leaderboards, items and accounts.

The Itam Store provides a hybrid method by which it offers custodial service for nonpersonal wallet users: There is no need to input private keys when logging in or when making transactions of cryptocurrencies, if user doesn't have a blockchain wallet.

By using the app, players can show their rankings and see the list of mobile games integrated into the Itam Games ecosystem.

Another tool offered by Itam Games is the Digital Asset Decentralized Exchange.

After the trading is completed, there are two simultaneous and automatic transfers: Unique digital asset and Itam Tokens are placed into the appropriate mailbox/bag of the game at the same time.

The Itam platform is based on EOS, and currently, the developers are looking for blockchain variety.

Together, the Defractal and Itam teams built a bridge connecting Ethereum and EOS. It allows players to make transactions of Ethereum-based tokens on the EOS blockchain and to pay with EOS-based tokens on the Ethereum blockchain.

The startup mentioned it has more than 50 traditional mobile games to be launched within this year.

Itam says it aims to attract mobile game developers by offering them a special console by which they can register any game and get access to blockchain technology within the company's ecosystem.