Tech startup Blockmason announced on Friday it has signed a Memorandum of Understanding (MOU) with MagnaChain, a developer and operator of blockchain systems and distributed applications, to advance the blockchain-based game development industry.
Blockmason reported that per the terms of the MOU, the companies are aiming to reduce the barriers faced by game developers and gamers, creating a healthier, more sustainable gaming ecosystem for all parties. Speaking about the partnership, Michael Chin, CEO of Blockmason, stated:
“We’re excited to partner with MagnaChain, a company doing innovative work in the blockchain-based gaming space.”
Hal Bame, CEO of MagnaChain, also commented:
“We see this partnership as one that can help players and developers alike benefit from the upcoming “blockchain era” of gaming history.”
Founded in 2016, Blockmason describes itself as a blockchain developer dedicated in providing world-class decentralized programs on the Blockchain. The company’s mission is to enrich the DApp ecosystem with secure and functional apps that are both immediately usable and possess the capacity to fundamentally transform our daily lives. Blockmason has attracted partners from Ethereum co-founder Anthony Di Iorio (Jaxx) to blockchain reporter, Richard Kastelein.