Ethereum-based digital asset tokenization startup Enjin will launch development software for leading game development engine Unity on March 14.
Ethereum (ETH)-based digital asset tokenization startup Enjin will launch a Software Development Kit (SDK) for leading game development engine Unity on March 14. The company announced the launch in a Medium post on March 4.
The SDK will reportedly allow Unity developers to create, integrate and manage the distribution of ERC1155-compliant tokens on the Ethereum blockchain. The ERC-1155 token development standard is based on the ERC-20 and ERC-721 standards and was invented by Enjin’s chief technical officer, Witek Radomski.
Per the release, this new standard enables developers to create unlimited fungible and non-fungible tokens with a single smart contract, which allows faster transaction times, lower fees and easier token mass production.
With asset tokenization, the quantity of assets in existence and their properties can be set in stone on the blockchain, preventing, for example, problems with unintended changes during updates.
Enjin’s announcement of its SDK also points out that game asset tokenization also enables interoperability, enabling players to use their virtual items in multiple games.
Lastly, the post claims that Unity is the world’s most popular game development engine, reporting that it is used by over 4.5 million developers and that 28 billion games installed on 3 billion devices are Unity-based. Those claims are seemingly in line with what Unity’s CEO, John Riccitiello, said at the TechCrunch Disrupt conference in San Francisco about six months ago.
During the event, Riccitiello said that half of all games — and more than half of mobile and Nintendo-platform games — are based on Unity. The Unity game engine works on 30 platforms, including Microsoft Windows operating systems, iOS, Android, Nintendo Switch, PlayStation 4, Xbox One, Oculus Rift and many more. The engine also supports Virtual Reality and Augmented Reality app development.
Also in February, news broke that blockchain company HashCash Consultants has announced a partnership with an undisclosed Australian video game developer to roll out its white label crypto exchange and tokenization services for the gaming industry.