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The token economy is exploding, as is decentralized financing. No matter how brilliant these new methods of controlling and wealth building may be, they are not penetrating the mainstream market as they should. Joshua Galloway, founder and CEO of Lepricon.io, a community-run platform for hyper-casual games, thinks he knows why.
Attack on the real activities of the mainstream audience
“People need to hear about blockchain because it’s an activity that means something to them. For example, players understand in-game currencies, in-app purchases, and special in-game items and power-ups. When these are delivered in the chain, they become tokens, swaps, and NFTs. “
Galloway says the next generation of token-funded companies must start attacking the real-life activities of the mainstream audience. He believes gaming is the low hanging fruit that can do this the fastest.
What is Lepricon?
Lepricon is a community-driven gaming platform that specializes in fast and easy hyper-casual prediction games. It will be released in late March with its first game, KQJ. KQJ is a simple card prediction game that allows you to get discounted Bitcoin with a range of wins. Bitpool follows the next quarter that you win by predicting whether Bitcoin will go up or down in price in the next 60 seconds. In the next quarter, they’ll be releasing FansPredict so people can participate in real events and esports.
On the other side of the coin, Lepricon offers DeFi features like staking, crop farming and trading with additional tokens. The usual oil in the machine is the Lepricon operating symbol L3P.
“The game and DeFi platforms are closely linked, but participants on the DeFi side do not have to be participants in the games and vice versa. Ultimately, the value of L3P is largely determined by the liveliness of the gaming platform. ”
What made Galloway start Lepricon?
“I originally came from the gaming industry where I worked on AAA titles, mobile and social casino games for twenty years. I moved into the crypto industry about four years ago as VP for a blockchain-focused VC. “He continues,” As recently as five years ago, I could see that gaming and blockchain would eventually collide, which would be a complete disruption for the gaming industry and a massive ramp for the blockchain industry. “
Galloway sees a seismic shift in ownership that players will feel in their games when the currencies in the game are on the chain.
“Play money was always stored in a database and only existed within the game. It had no other value and could be deleted by the publisher or even in the event of a server crash. But when you put this game currency on the blockchain, it has real value. The player now has skin in the game, which changes their relationship to the overall gaming experience. “
Does Lepricon have any plans with NFTs?
“Yes!” says Galloway emphatically. “Non-fungible tokens will permeate every corner of the Lepricon ecosystem. There will be NFTs that can be collected as sets, some offer perks or power-ups in the games, others offer perks for participants stalking on our DeFi platform. There will also be NFTs that will serve as proof of status in our Shamrock Reputation Log. “
What are the main challenges facing Lepricon?
Galloway says, “There are two important areas for us: one is speed in the chain, which is technology related, and the other is user experience.”
When it comes to technology, Galloway points out Ethereum’s well-known problems with getting everything done quickly remotely. To solve this, they are looking for L2 solutions, the first of which is in their partnership with RioDefi, developing a polkadot parachute called the RioChain.
“We will be able to process more than 3000 transactions per second and with significantly reduced transaction fees via RioChain. Our players can step in and if they win they can jump right out with their new L3P. “
Regarding gamblers’ experiences with Lepricon, Galloway is clear that he views Lepricon as a gaming company rather than a blockchain company. The use of blockchain technology enables players to improve the gaming experience. He says, “Our user experience must meet the expectations of a new gamer who expects to step into a game with little or no guidance, be entertained, and happily put down their phone in just a few minutes. ”
What’s next for Lepricon?
“Lepricon’s operational token will go live on Uniswap on the 17th, so we’re preparing for that,” explains Galloway. “Once this is done, the real work begins. Grow our platform, get to the rhythm of at least one game that launches every quarter, and keep adding value to L3P. “
“The future is a community-driven, player-driven gambling economy.”
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