Preface

With the rapid development of blockchain technology and non-fungible tokens (NFTs) as a subsector of blockchain, a lot of game companies are interested in introducing NFT elements into their games. This newfound interest is largely driven by adoption of microtransactions as a revenue model where players purchase in- game items for small amounts of money to either boost the abilities of their teams/in-game characters or for aesthetic purposes. This form of spending is now accounting for the largest revenue share in the video game market.

HeliconNFT seeks to create a comprehensive DEFI+NFT+GAME Ecosystem, where the gap between centralized games and blockchain is bridged while game asset NFTokenisation is realized. Built on Binance Smart Chain (BSC) network, NFTs in this ecosystem can be traded in the Helicon Marketplace, with great liquidity provided.

This paper introduces the details of the Helicon game ecosystem and how NFTs will become a key element of Helicon’s virtual world. The paper will also touch on how in-game assets will be able to transcend across different platforms and games and the technological capabilities that Helicon possesses to make this a reality.