cropped-Carla-Calitis.jpeg
Written by
Carla Calitis

Bringing Games to the Blockchain | What is ITAM?

What-Is-ITAM_Opt2

Disclaimer

This article was published on August 7, 2021. Please keep in mind that some of the data in this article may be outdated as of today.

ITAM is a company that aims to innovate the gaming ecosystem by putting achievements, in-game items, and digital assets on the blockchain. The company uses ITAM Middleware to convert regular games into blockchain-enabled games.

With so much public interest in the NFT space, ITAM announced that they will expand their market reach and “…become a cross-chain marketplace for all types of NFTs, with the ITAM token being our bridge between various chains.” It’s an exciting time for the team! Making this vision reality, they have secured partnerships with some of the major players in the BSC ecosystem: PancakeSwap, CafeSwap, Alpaca Finance and LaunchZone.

These partnerships have subsequently promoted publicity and accessibility to their utility token ITAM, which is used for purchases in-game and on the ITAM-Store and Marketplace.

ITAM Middleware
Source: medium.com

Have they converted any games to the blockchain?

Launching in August 2021, “Lime Odyssey M” will be the first blockchain-enabled game using ITAM Middleware. Interested in the game? Click here to learn more. For information on the Lime Odyssey NFT pre-sale even, click here.

Lime Odyssey
Source: medium.com

What are the company’s intellectual properties?

  1. ITAM Store. It is the blockchain game platform that the team has made. Through it, users can easily access blockchain games and control their digital assets.
  2. ITAM Market. It serves as the ‘ITAM NFT’ Explorer. Through this market, users can check their achievements and digital assets recorded on the public blockchain.
  3. Blue Dawn. It is the in-house game that the company is making for ITAM Store. 

How is ITAM funded?

The company was funded through the initial token sale (public and private), sale of tokens from the team’s pre-mined or pre-allocated reserves, and through equity funding.

Technical structure of ITAM Middleware

ITAM Middleware Technology
Source: medium.com
  1. The user connects the wallet in the game and requests the NFT of the items acquired.
  2. If the request is successful, the game company will convert the item to a locked state. 
  3. When the user connects the wallet in NFT.Farm, you can check the NFT on MyPage.
  4. You can sell/transfer/delete NFT items in NFT.Farm marketplace.
  5. If you want to use NFT again in the game, change the NFT to the locked state on MyPage.
  6. The game company changes the status of the item to usable and makes it available to users again.

In summary, the technology provided by ITAM is literally game-changing for the developers and players/users alike.

Visit their website to learn more and make sure to follow P2ENews.com to stay up to date with the latest news, releases, and updates in the play-to-earn space!

Related articles

dragonmaster-airdrop
DragonMaster Plans an Exclusive Airdrop Event!

Dragon Master has recently announced on their Discord community server that they are planning an airdrop event for their solid community members. This is after they launched the breeding system V2.

anito legends
Anito Legends: What’s Interesting About This Filipino NFT Game?

Anito Legends is a strategic auto-battler where players build a team of three Anitos and complete towers, assemble different types of equipment, and beat another team in a battle. The game promotes Filipino folklore through its storyline, NFTs, and gameplay.

Pegaxy’s Pledge Racing
Pledge Racing: Pegaxy’s Latest Game Update

One of Pegaxy's big updates is here! Pledge Racing is the new mode of racing that will require you to pay Silver VIS for entry fees. A portion of the accumulated VIS will be burnt! Find more details in this tutorial.

alien worlds
A Complete Guide to Alien Worlds: The Leading Blockchain Game

Alien Worlds is the number one blockchain game based on Dappradar. Alien Worlds is an NFT Metaverse where you can play with Non-Fungible Tokens (NFTs). Here, collectibles can be used for mining, owning or renting land, combat, gaming, or spacecraft missions. lien Worlds has 166.09k Daily Active Users (DAU) and a $770.36k volume in the last 30 days.