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South African gaming tech startup Skrmiish has launched an innovative and competitive gaming app based on the BTC blockchain to monetise wins for users.
Within this platform, the tech startup has developed its patented Layer-2 Bitcoin cryptocurrency digital wallet held in with and adhering to FCA regulated CoinMode.
Skrmiish launches competitive gaming app first
The cutting-edge payment solution has been developed and tailored to the gaming industry by the tech startup.
According to reports, the payment system enables ‘real-time high frequency with low latency, and facilitates lightning-fast and low-cost transactions, allowing multi-directional instant payments at 10,000 transactions per second’.
In a press statement, Skrmiish provides insight into the launch of the competitive platform integrating blockchain.
“Skrmiish is the world’s first app that allows any user to compete and monetise their experience on the blockchain. Currently, in week 10 of global beta testing, Skrmiish has had over 20,000 downloads, with over a million in in-app currency wagered. Once the crypto-based digital wallet is introduced to the app in November 2021, it will unleash the full global commercial potential of the tech. “
Founded in 2018 by entrepreneurial duo Chris Heaton and Roland Reed, the gaming tech startup aims to democratising the world of esports. With its own mobile platform, Skrmiish enables gamers, brands, teams, streamers and links to compete against one another all in one place.
Featured image: Florian Olivo via Unsplash