Galactic Group has launched Galactic Entertainment Publishing in the UAE, marking a significant step in the evolution of the gaming industry with its AAA Web3 game publisher. The company is poised to transform the gaming landscape as a leading play-to-own publisher, led by industry veterans Loren Roosendaal and Mark Meyers, a former executive at Disney’s AAA Studios.
Debut and Community Engagement in "Planet Quest"
Their first game, "Planet Quest," has quickly gained traction, securing over 300,000 connected wallets and a robust community of 200,000+ NFT holders. The game's development team, drawn from giants like Epic, Disney, Warner Bros., and Activision-Blizzard, has collaborated closely with fans. This community-driven approach has allowed over 250,000 fans to co-create the game's storyline and lore, adding a unique layer of engagement and ownership.
Innovative Play-to-Own Model
Galactic Entertainment embraces the play-to-own model, leveraging blockchain technology and NFTs to offer players actual ownership of their in-game assets, such as characters, items, and land. This model shifts away from traditional advertising-heavy approaches, enhancing community involvement and delivering enriched gaming experiences. According to Co-Founder Mark Meyers, this new model aims to replace the prevalent free-to-play model with a more equitable system where players' contributions are acknowledged with real ownership.
Empowering Players with Real Ownership
The vision behind Galactic Entertainment Publishing is to disrupt the traditional dynamics within the gaming industry, where players spend considerable resources on in-game assets without gaining real ownership. Loren Roosendaal, the company's visionary leader, sees this as an opportunity to set a new standard in global entertainment, where players are empowered as stakeholders and decision-makers in their gaming worlds.
A Sustainable Future for Gaming
With rising publishing costs driven by high advertising expenses, Galactic Entertainment’s play-to-own approach offers a sustainable alternative that engages players directly as co-creators and owners. This model not only promises a more engaging and rewarding gaming experience but also envisions a future where gamers are integral stakeholders in the gaming ecosystems.
Leading the Play-to-Own Revolution
"Planet Quest" is at the forefront of this transformative movement, with a development strategy deeply integrated with its community. By providing players with ownership of in-game assets and a role in shaping game development, Galactic Entertainment Publishing is setting the stage for a more immersive and sustainable gaming future. This revolutionary approach could potentially redefine the relationship between game creators and their audiences, making it a win-win for all stakeholders involved.
