Epik Crypto (EPIK): How Does It Revolutionize the Gaming Industry?
Non-fungible tokens (NFTs) have changed the way artists, celebrities and corporations interact with their fans. One of the most radical changes brought about by NFTs is in the world of online gaming. Epik and its native token, EPIK, are paving the way for gaming companies that want to harness the full power of NFTs.
What Is an NFT?
An NFT is a digital token, or piece of digital proof, that identifies a person as the owner of a unique, intangible good. Some examples of intangible goods are digital art, computer game items, digital tickets and domain names. Apart from digital products, NFTs can also be used to stake a claim over physical objects, such as wall paintings.
Ownership of these unique and irreplaceable tokens can be proved and transferred through blockchain technology. NFT technology is used widely throughout the blockchain community.
What Is Epik?
The world’s leading digital agency, Epik produces unique in-game NFTs worth millions of dollars. Since 2018, Epik has been working with global brands and major gaming companies with the core mission of improving a gamer’s experience. Epik has strong partnerships with leading AAA video game developers in place. Epik’s NFTs ensure that users play a central role, while being able to monetize their skills in games. It enables them to interact with their assets outside the gaming platforms, and trade said assets any time they want.
Currently, Epik holds partnerships with over 250 gaming companies and more than 1,000 global brands, including Sony, Warner Music Group and Universal Music Group.
With expertise in the field and the ability to leverage its extensive partnership network of global entertainment brands, Epik is creating new and unique NFTs that combine real-world and digital experiences for use in video games and apps.
How Does Epik Work?
Epik produces some of the world’s best digital entertainment content and NFTs. It brings mainstream adoption to blockchain and NFTs by onboarding millions of consumers, and forming B2B (business-to-business) and B2C (business-to-consumer) partnerships. Epik incorporates in-game drops into video games, creating unique customer experiences and in-game items through these partnerships. As a digital branding agency, Epik also helps companies to launch customized NFTs and produce premium digital items.
With Epikverse, users can easily access their entire collection of digital game items from anywhere in the world. Epikverse consists of a network of platform games, virtual reality spaces and meta universes that can interact. It’s designed to connect players across different platforms and games.
What Is an Epik Token (EPIK)?
The ERC20-compatible Epik token lies at the heart of the Epik protocol, and is its native cryptocurrency.
What Can EPIK Be Used For?
From a user’s perspective, EPIK is the key to having the complete experience on the Epik platform. Users can stake their EPIK tokens to access Epik Prime, a premium service. They can also choose to upgrade their Epik Prime membership to Epik Prime+, with which users can look forward to exclusive NFT airdrops on top of the usual staking rewards.
Which Games Use Epik Crypto?
Epik is the world’s first and only NFT project to work with AAA games. Of these projects, one of the most notable collaborations is Gameloft’s Asphalt 9, which has recorded over one billion downloads so far. Epik’s partnership has helped Gameloft make its entry into the NFT landscape. Some recent releases on Epik include:
- ULTRAMAN: Arena of Valor
- Mushroom Wars 2: Stormtrooper
- Avakin Life: HEAD
- Sansar (Blasterjaxx: Live at the Nexus)
- Scotty McCreery at Club Cooee
- AdventureQuest 3D (Korn: Battle Concert Arena)
- Food Truck Chef (featuring Chef Duff Goldman)
What Is the Epik Prime Membership?
Epik Prime is a robust loyalty reward program that offers token owners exclusive rewards and benefits from new products and services. It gives you the ability to pre-order digital collectibles, which in turn gives you the chance to win random NFT rewards for access to game NFTs. “Epikverse” is the name of the digital ecosystem and technology behind Epik Prime. The Epikverse consists of a network of games, VR spaces and metaverses that can communicate with each other. Users can buy, sell and trade all kinds of NFTs and digital products, or even log into completely different games and participate in live virtual events with friends.
Epik currently uses the Ethereum blockchain as its core network. Ethereum has the largest number of NFT users and games, so users can enjoy access to the largest crypto catalog available. It also relies on the Huobi Eco Chain (HECO) to ensure low transaction costs and minimal delays. Thanks to its compatibility with Ethereum’s EVM, HECO is cost-effective for DApps, smart contracts, and NFTs.
By staking EPIK tokens, members stand a chance of winning random NFT prizes. Note that Epik Prime members have the choice to upgrade their membership to Epik Prime+, which gives them access to exclusive items and services.
How Much Does an EPIK Coin Cost?
According to CoinMarketCap, as of this writing, one EPIK coin is trading at approximately $0.12.
How to Buy Epik Crypto
You can buy Epik crypto from most top crypto exchanges and purchase it on PancakeSwap’s DEX.
EPIK Market Cap
The Future of Epik
Although NFTs are still in their infancy, Epik has almost single-handedly managed to revolutionize the entire gaming industry, connecting global entertainment brands with the emerging digital world.
While the industry is still young, Epik has been creating original crypto content for about three years now. An industry leader, it has a huge lead in the B2B NFT space. Not only do Epik’s B2B partnerships and mainstream gaming companies compete for market share, but they’re also fundamentally altering the gaming industry. Overall, given its track record and current momentum, Epik is definitely a company you’ll want to keep your eye on.
The Bottom Line
When it comes to introducing blockchain technology to mainstream gaming companies, Epik has carved out a niche for itself. Epik has partnered with numerous global companies to create digital content and NFT collectibles. Today, hundreds of brands and gaming companies trust Epik to create high-quality digital goods and services, which are used by billions of people worldwide. Epik has achieved this widespread integration by encouraging the generation of original content through B2B and B2C interactions. In the process, they’re creating more utility and value, while rewarding users and giving them more control over their gaming experiences.